What stocks does Kotak Banking & Financial Services Fund hold?

Kotak Banking & Financial Services Fund holds a portfolio of Indian equity stocks disclosed monthly by Kotak Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages Kotak Banking & Financial Services Fund?

Kotak Banking & Financial Services Fund is managed by Kotak Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is Kotak Banking & Financial Services Fund?

Kotak Banking & Financial Services Fund is classified as a Equity mutual fund under SEBI's mutual fund categorisation framework.

How often is Kotak Banking & Financial Services Fund portfolio data updated?

Portfolio holdings for Kotak Banking & Financial Services Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

← Kotak Mutual Fund

Kotak Banking & Financial Services Fund - Direct Plan - Growth

Equity Data as of Apr 2026 Comparing Mar 2026 → Apr 2026

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Stocks Held

Apr 2026

Equity Holdings

₹1,415.25 Cr

Equity only, excl. debt & cash

Top 5 Weight

47.3%

High concentration

Top 10 Weight

64.5%

High concentration

Changes

0 new · 1 exits

Top Sector

Banks

59.4% of portfolio

📋 What Happened This Month Kotak Banking & Financial Services Fund exited 1 stock from its portfolio this month. HDFC Life Insurance Company Limited was the biggest exit (Insurance), which was held at 1.48%. Among existing holdings, Power Finance Corporation Limited saw the biggest increase — now at 2.34% of the portfolio. HDFC Bank Limited was trimmed the most, now at 12.92%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 59.4%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

NAV Performance

1 year history · Kotak Banking & Financial Services Fund - Direct Plan - Growth

-4.65%

-2.62%

-4.92%

+1.83%

Latest NAV

₹16.05

04 Jun 2026

52W High

₹17.61

-9% from High

52W Low

₹13.50

+19% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+15.9%

2024

+14.1%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

17.5%

+ve in 100% windows

34.0% / 1.2%

3Y Rolling Avg

16.8% p.a.

+ve in 100% windows

19.5% / 13.5%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-12.5%

Rec: Apr 2025 (4 mo)

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

Pre-inception

Rec: N/A

2018 IL&FS

Pre-inception

Rec: N/A

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. What do these mean? →

Sharpe Ratio (3Y)

0.48

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.68

Penalises downside volatility only.

Std Deviation (3Y)

16.1%

Lower = more consistent returns.

NAV Chart ₹16.05 04 Jun 2026

Simple Moving Avg: Click to draw · click again to remove

Kotak Banking & Financial Services Fund - Direct Plan - Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹16.05

Sector Shift Industry allocation month-over-month

Feb 2026 → Mar 2026

Sector	Prev	Curr ▼	Delta
Banks	63.7%	60.2%	▼ -3.5%
Finance	21.0%	20.9%	▼ -0.1%
Capital Markets	9.1%	9.5%	▲ +0.4%
Insurance	4.9%	4.6%	▼ -0.3%
Financial Technology (Fintech)	0.0%	1.3%	▲ +1.3%

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	60.2%	59.4%	▼ -0.9%
Finance	20.9%	23.1%	▲ +2.1%
Capital Markets	9.5%	11.0%	▲ +1.5%
Insurance	4.6%	2.9%	▼ -1.7%
Financial Technology (Fintech)	1.3%	1.5%	▲ +0.3%

🔴

Biggest Exit

HDFC Life Insurance Company Limited

1.48% was held · Insurance

↑

Biggest Add

Power Finance Corporation Limited

+1.17% · now 2.34%

↓

Biggest Trim

HDFC Bank Limited

-0.78% · now 12.92%

👋 Other funds also exited

HDFC Life Insurance Company Limited 21 funds

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 → Apr 2026

🔴 1 Exit ↑ 23 Increased ↓ 9 Decreased

#	Stock	Sector	Last Weight (Mar 2026)
1	HDFC Life Insurance Company Limited ₹19.14 Cr	Insurance	1.48%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Power Finance Corporation Limited ₹33.86 Cr	Finance	1.17%	2.34%	+1.17%
2	BSE Limited ₹63.34 Cr	Capital Markets	3.61%	4.38%	+0.77%
3	IndusInd Bank Limited ₹34.17 Cr	Banks	1.76%	2.36%	+0.60%
4	Bank of Maharashtra ₹34.45 Cr	Banks	2.08%	2.38%	+0.30%
5	One 97 Communications Limited ₹22.24 Cr	Financial Technology (Fintech)	1.25%	1.54%	+0.29%
6	Poonawalla Fincorp Limited ₹34.31 Cr	Finance	2.10%	2.37%	+0.27%
7	Nippon Life India Asset Management Limited ₹33.78 Cr	Capital Markets	2.07%	2.34%	+0.27%
8	Aptus Value Housing Finance India Limited ₹23.46 Cr	Finance	1.36%	1.62%	+0.26%
9	Bajaj Finance Limited ₹85.50 Cr	Finance	5.66%	5.91%	+0.25%
10	Billionbrains Garage Ventures Ltd ₹12.57 Cr	Capital Markets	0.68%	0.87%	+0.19%
11	Prudent Corporate Advisory Services Limited ₹16.43 Cr	Capital Markets	0.98%	1.14%	+0.16%
12	Axis Bank Limited ₹115.09 Cr	Banks	7.83%	7.96%	+0.13%
13	Indian Bank ₹21.61 Cr	Banks	1.36%	1.49%	+0.13%
14	Shriram Finance Limited ₹66.71 Cr	Finance	4.50%	4.61%	+0.11%
15	Home First Finance Company India Limited ₹11.58 Cr	Finance	0.70%	0.80%	+0.10%
16	Bank of Baroda ₹28.19 Cr	Banks	1.86%	1.95%	+0.09%
17	Cholamandalam Investment and Finance Company Ltd ₹25.78 Cr	Finance	1.73%	1.78%	+0.05%
18	RBL Bank Limited ₹21.30 Cr	Banks	1.42%	1.47%	+0.05%
19	Computer Age Management Services Limited ₹12.23 Cr	Capital Markets	0.80%	0.85%	+0.05%
20	Nuvama Wealth Management Limited ₹19.98 Cr	Capital Markets	1.35%	1.38%	+0.03%
21	Piramal Finance Ltd ₹19.55 Cr	Finance	1.33%	1.35%	+0.02%
22	The South Indian Bank Limited ₹14.39 Cr	Banks	0.97%	0.99%	+0.02%
23	Ujjivan Small Finance Bank Limited ₹29.24 Cr	Banks	2.01%	2.02%	+0.01%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	HDFC Bank Limited ₹186.96 Cr	Banks	13.70%	12.92%	-0.78%
2	ICICI Bank Limited ₹162.91 Cr	Banks	12.02%	11.26%	-0.76%
3	State Bank of India ₹134.09 Cr	Banks	9.64%	9.27%	-0.37%
4	SBI Life Insurance Company Limited ₹28.83 Cr	Insurance	2.18%	1.99%	-0.19%
5	Karur Vysya Bank Limited ₹27.01 Cr	Banks	2.06%	1.87%	-0.19%
6	Kotak Mahindra Bank Limited ₹49.14 Cr	Banks	3.50%	3.40%	-0.10%
7	Muthoot Finance Limited ₹20.03 Cr	Finance	1.43%	1.38%	-0.05%
8	Max Financial Services Limited ₹13.48 Cr	Insurance	0.98%	0.93%	-0.05%
9	India Shelter Finance Corporation Limited ₹12.86 Cr	Finance	0.93%	0.89%	-0.04%

Full Portfolio

33 stocks — Apr 2026

#	Stock	Sector	Weight & Value
1	HDFC Bank Limited ₹186.96 Cr	Banks	12.92%
2	ICICI Bank Limited ₹162.91 Cr	Banks	11.26%
3	State Bank of India ₹134.09 Cr	Banks	9.27%
4	Axis Bank Limited ₹115.09 Cr	Banks	7.96%
5	Bajaj Finance Limited ₹85.50 Cr	Finance	5.91%
6	Shriram Finance Limited ₹66.71 Cr	Finance	4.61%
7	BSE Limited ₹63.34 Cr	Capital Markets	4.38%
8	Kotak Mahindra Bank Limited ₹49.14 Cr	Banks	3.40%
9	Bank of Maharashtra ₹34.45 Cr	Banks	2.38%
10	Poonawalla Fincorp Limited ₹34.31 Cr	Finance	2.37%
11	IndusInd Bank Limited ₹34.17 Cr	Banks	2.36%
12	Power Finance Corporation Limited ₹33.86 Cr	Finance	2.34%
13	Nippon Life India Asset Management Limited ₹33.78 Cr	Capital Markets	2.34%
14	Ujjivan Small Finance Bank Limited ₹29.24 Cr	Banks	2.02%
15	SBI Life Insurance Company Limited ₹28.83 Cr	Insurance	1.99%
16	Bank of Baroda ₹28.19 Cr	Banks	1.95%
17	Karur Vysya Bank Limited ₹27.01 Cr	Banks	1.87%
18	Cholamandalam Investment and Finance Company Ltd ₹25.78 Cr	Finance	1.78%
19	Aptus Value Housing Finance India Limited ₹23.46 Cr	Finance	1.62%
20	One 97 Communications Limited ₹22.24 Cr	Financial Technology (Fintech)	1.54%
21	Indian Bank ₹21.61 Cr	Banks	1.49%
22	RBL Bank Limited ₹21.30 Cr	Banks	1.47%
23	Muthoot Finance Limited ₹20.03 Cr	Finance	1.38%
24	Nuvama Wealth Management Limited ₹19.98 Cr	Capital Markets	1.38%
25	Piramal Finance Ltd ₹19.55 Cr	Finance	1.35%
26	Prudent Corporate Advisory Services Limited ₹16.43 Cr	Capital Markets	1.14%
27	The South Indian Bank Limited ₹14.39 Cr	Banks	0.99%
28	Max Financial Services Limited ₹13.48 Cr	Insurance	0.93%
29	India Shelter Finance Corporation Limited ₹12.86 Cr	Finance	0.89%
30	Billionbrains Garage Ventures Ltd ₹12.57 Cr	Capital Markets	0.87%
31	Computer Age Management Services Limited ₹12.23 Cr	Capital Markets	0.85%
32	Home First Finance Company India Limited ₹11.58 Cr	Finance	0.80%
33	The Federal Bank Limited ₹13.89 L	Banks	0.01%