What stocks does Kotak Contra Fund hold?

Kotak Contra 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 Contra Fund?

Kotak Contra Fund is managed by Kotak Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is Kotak Contra Fund?

Kotak Contra Fund is classified as a Value/Contra mutual fund under SEBI's mutual fund categorisation framework.

How often is Kotak Contra Fund portfolio data updated?

Portfolio holdings for Kotak Contra 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 Contra Fund - Direct Plan - Growth

Value/Contra Data as of Sep 2026 Comparing Aug 2026 → Sep 2026

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Stocks Held

Sep 2026

Equity Holdings

₹5,141.68 Cr

Equity only, excl. debt & cash

AAUM

₹5,353.34 Cr

Jul-Sep 2026 · Direct + Regular

Top 5 Weight

19.6%

Diversified

Top 10 Weight

31.8%

Diversified

Changes

4 new · 2 exits

Top Sector

Banks

22.3% of portfolio

Launch Date

02 Jun 2005

10+ year track record

AAUM (Average Assets Under Management) of ₹5,353.34 Cr for Jul-Sep 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month Kotak Contra Fund made 4 new additions and exited 2 stocks this month. The biggest new buy was Pine Labs Limited (Financial Technology (Fintech)) at 0.97% weight. Aptus Value Housing Finance India Limited was the biggest exit (Finance), which was held at 0.82%. Among existing holdings, HDFC Bank Limited saw the biggest increase — now at 5.06% of the portfolio. Global Health Limited was trimmed the most, now at 0.57%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 22.3%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Kotak Contra Fund - Direct Plan - Growth

-6.45%

-8.64%

-5.06%

-9.20%

Latest NAV

₹167.44

23 Oct 2026

52W High

₹187.93

-11% from High

52W Low

₹162.16

+3% from Low

Calendar Year Returns

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

2025

+8.8%

2024

+23.7%

2023

+36.9%

2022

+8.9%

2021

+31.9%

2020

+16.7%

2019

+11.6%

2018

+3.8%

2017

+37.8%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

19.8%

+ve in 92% windows

97.0% / -28.9%

3Y Rolling Avg

19.2% p.a.

+ve in 100% windows

37.2% / -2.3%

5Y Rolling Avg

19.9% p.a.

+ve in 100% windows

33.7% / 12.7%

Crisis Period Behaviour

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

2024–25 Tariff

-18.9%

Rec: Nov 2025 (1yr 1mo)

COVID-19 Crash

-37.3%

Rec: Nov 2020 (11 mo)

2022 Rate Hike

-15.9%

Rec: Sep 2022 (4 mo)

2018 IL&FS

-14.7%

Rec: May 2019 (10 mo)

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)

0.41

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.56

Penalises downside volatility only.

Std Deviation (3Y)

14.6%

Lower = more consistent returns.

NAV Chart ₹167.44 23 Oct 2026

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

Kotak Contra Fund - Direct Plan - Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹167.44

Sector Shift Industry allocation month-over-month

Jul 2026 → Aug 2026

Sector	Prev	Curr ▼	Delta
Banks	20.8%	21.0%	▲ +0.2%
Finance	11.3%	10.1%	▼ -1.2%
Healthcare Services	6.8%	6.7%	▼ -0.1%
IT - Software	6.0%	6.2%	▲ +0.2%
Pharmaceuticals & Biotechnology	5.7%	5.3%	▼ -0.5%
Automobiles	4.8%	4.7%	▼ -0.1%
Telecom - Services	4.3%	4.0%	▼ -0.3%
Construction	3.6%	3.7%	▲ +0.1%
Auto Components	3.0%	3.4%	▲ +0.5%
Cement & Cement Products	3.2%	3.2%	● -0.1%

Aug 2026 → Sep 2026

Sector	Prev	Curr ▼	Delta
Banks	21.0%	22.3%	▲ +1.3%
Finance	10.1%	8.2%	▼ -1.9%
IT - Software	6.2%	5.9%	▼ -0.3%
Pharmaceuticals & Biotechnology	5.3%	5.5%	▲ +0.2%
Healthcare Services	6.7%	5.4%	▼ -1.3%
Automobiles	4.7%	4.6%	● -0.1%
Telecom - Services	4.0%	4.1%	● +0.1%
Construction	3.7%	3.7%	● +0.0%
Auto Components	3.4%	3.5%	● +0.0%
Aerospace & Defense	2.7%	3.5%	▲ +0.7%

🟢

Biggest New Buy

Pine Labs Limited

0.97% weight · Financial Technology (Fintech)

🔴

Biggest Exit

Aptus Value Housing Finance India Limited

0.82% was held · Finance

↑

Biggest Add

HDFC Bank Limited

+1.14% · now 5.06%

↓

Biggest Trim

Global Health Limited

-1.08% · now 0.57%

🤝 Other funds also bought this month

National Stock Exchange of India Ltd. 115 funds

Pine Labs Limited 15 funds

Axiscades Technologies Ltd. 6 funds

The South Indian Bank Limited 4 funds

👋 Other funds also exited

Power Finance Corporation Limited 28 funds

Aptus Value Housing Finance India Limited 11 funds

What Changed in the Portfolio This Month?

Comparing Aug 2026 → Sep 2026

Aug 2026 → Sep 2026

🟢 4 New Entries 🔴 2 Exits ↑ 25 Increased ↓ 30 Decreased

#	Stock	Sector	Weight (Sep 2026)
1	Pine Labs Limited ₹50.59 Cr	Financial Technology (Fintech)	0.97%
2	Axiscades Technologies Ltd. ₹35.47 Cr	Aerospace & Defense	0.68%
3	The South Indian Bank Limited ₹34.73 Cr	Banks	0.67%
4	National Stock Exchange of India Ltd. ₹19.80 Cr	Capital Markets	0.38%

#	Stock	Sector	Last Weight (Aug 2026)
1	Aptus Value Housing Finance India Limited ₹45.21 Cr	Finance	0.82%
2	Power Finance Corporation Limited ₹26.90 Cr	Finance	0.49%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	HDFC Bank Limited ₹263.06 Cr	Banks	3.92%	5.06%	+1.14%
2	Indo-MIM Limited ₹100.27 Cr	Industrial Manufacturing	1.28%	1.93%	+0.65%
3	Molbio Diagnostics Ltd. ₹68.01 Cr	Healthcare Equipment & Supplies	1.02%	1.31%	+0.29%
4	Lumino Industries Limited ₹22.72 Cr	Miscellaneous	0.18%	0.44%	+0.26%
5	Sun Pharmaceutical Industries Limited ₹88.47 Cr	Pharmaceuticals & Biotechnology	1.59%	1.70%	+0.11%
6	NTPC Limited ₹127.65 Cr	Power	2.35%	2.46%	+0.11%
7	Tata Steel Limited ₹56.95 Cr	Ferrous Metals	1.03%	1.10%	+0.07%
8	Ajanta Pharma Limited ₹61.99 Cr	Pharmaceuticals & Biotechnology	1.12%	1.19%	+0.07%
9	Bharti Airtel Limited ₹126.00 Cr	Telecom - Services	2.36%	2.42%	+0.06%
10	IPCA Laboratories Limited ₹87.34 Cr	Pharmaceuticals & Biotechnology	1.62%	1.68%	+0.06%
11	Kalpataru Projects International Limited ₹61.60 Cr	Construction	1.13%	1.19%	+0.06%
12	ITC Limited ₹28.85 Cr	Diversified FMCG	0.51%	0.56%	+0.05%
13	Hero MotoCorp Limited ₹138.73 Cr	Automobiles	2.62%	2.67%	+0.05%
14	Schaeffler India Limited ₹73.55 Cr	Auto Components	1.37%	1.42%	+0.05%
15	Astra Microwave Products Limited ₹66.16 Cr	Aerospace & Defense	1.22%	1.27%	+0.05%
16	Bank of Maharashtra ₹68.35 Cr	Banks	1.28%	1.32%	+0.04%
17	UltraTech Cement Limited ₹96.03 Cr	Cement & Cement Products	1.82%	1.85%	+0.03%
18	Indus Towers Limited ₹88.45 Cr	Telecom - Services	1.67%	1.70%	+0.03%
19	DLF Limited ₹54.26 Cr	Realty	1.01%	1.04%	+0.03%
20	SRF Limited ₹67.46 Cr	Chemicals & Petrochemicals	1.27%	1.30%	+0.03%
21	Poonawalla Fincorp Limited ₹108.82 Cr	Finance	2.06%	2.09%	+0.03%
22	Park Medi World Limited ₹92.16 Cr	Healthcare Services	1.74%	1.77%	+0.03%
23	InterGlobe Aviation Limited ₹68.43 Cr	Transport Services	1.30%	1.32%	+0.02%
24	Tenneco Clean Air India Limited ₹50.67 Cr	Auto Components	0.96%	0.98%	+0.02%
25	Jindal Steel Limited ₹71.84 Cr	Ferrous Metals	1.37%	1.38%	+0.01%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	Global Health Limited ₹29.79 Cr	Healthcare Services	1.65%	0.57%	-1.08%
2	Shriram Finance Limited ₹131.42 Cr	Finance	2.89%	2.53%	-0.36%
3	Radico Khaitan Limited ₹53.15 Cr	Beverages	1.28%	1.02%	-0.26%
4	ICICI Bank Limited ₹308.36 Cr	Banks	6.16%	5.93%	-0.23%
5	KEI Industries Limited ₹55.24 Cr	Industrial Products	1.29%	1.06%	-0.23%
6	Fortis Healthcare Limited ₹102.84 Cr	Healthcare Services	2.20%	1.98%	-0.22%
7	Infosys Limited ₹95.34 Cr	IT - Software	1.97%	1.83%	-0.14%
8	Swiggy Limited ₹117.53 Cr	Retailing	2.40%	2.26%	-0.14%
9	V-Guard Industries Limited ₹69.37 Cr	Consumer Durables	1.47%	1.33%	-0.14%
10	State Bank of India ₹168.10 Cr	Banks	3.37%	3.24%	-0.13%
11	Maruti Suzuki India Limited ₹101.72 Cr	Automobiles	2.09%	1.96%	-0.13%
12	Mphasis Limited ₹103.77 Cr	IT - Software	2.12%	2.00%	-0.12%
13	IndusInd Bank Limited ₹74.37 Cr	Banks	1.52%	1.43%	-0.09%
14	Indian Bank ₹84.76 Cr	Banks	1.72%	1.63%	-0.09%
15	L&T Finance Limited ₹33.57 Cr	Finance	0.74%	0.65%	-0.09%
16	Piramal Finance Ltd ₹74.67 Cr	Finance	1.53%	1.44%	-0.09%
17	Ashok Leyland Limited ₹57.67 Cr	Agricultural, Commercial & Construction Vehicles	1.19%	1.11%	-0.08%
18	Bajaj Finance Limited ₹77.50 Cr	Finance	1.55%	1.49%	-0.06%
19	Dalmia Bharat Limited ₹66.36 Cr	Cement & Cement Products	1.33%	1.28%	-0.05%
20	Century Plyboards (India) Limited ₹54.34 Cr	Consumer Durables	1.10%	1.05%	-0.05%
21	Sequent Scientific Limited ₹46.61 Cr	Pharmaceuticals & Biotechnology	0.95%	0.90%	-0.05%
22	SBI Funds Management Limited ₹45.06 Cr	Capital Markets	0.92%	0.87%	-0.05%
23	Reliance Industries Limited ₹140.26 Cr	Petroleum Products	2.74%	2.70%	-0.04%
24	Larsen & Toubro Limited ₹129.93 Cr	Construction	2.54%	2.50%	-0.04%
25	UNO Minda Limited ₹55.81 Cr	Auto Components	1.10%	1.07%	-0.03%
26	Tech Mahindra Limited ₹109.27 Cr	IT - Software	2.12%	2.10%	-0.02%
27	Vishal Mega Mart Limited ₹34.37 Cr	Retailing	0.68%	0.66%	-0.02%
28	Bharat Electronics Limited ₹77.93 Cr	Aerospace & Defense	1.51%	1.50%	-0.01%
29	Hindalco Industries Limited ₹41.44 Cr	Non - Ferrous Metals	0.81%	0.80%	-0.01%
30	Metropolis Healthcare Limited ₹57.01 Cr	Healthcare Services	1.11%	1.10%	-0.01%

What Stocks Does This Fund Hold?

63 stocks — Sep 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹308.36 Cr	Banks	5.93%
2	HDFC Bank Limited ₹263.06 Cr	Banks	5.06%
3	State Bank of India ₹168.10 Cr	Banks	3.24%
4	Reliance Industries Limited ₹140.26 Cr	Petroleum Products	2.70%
5	Hero MotoCorp Limited ₹138.73 Cr	Automobiles	2.67%
6	Shriram Finance Limited ₹131.42 Cr	Finance	2.53%
7	Larsen & Toubro Limited ₹129.93 Cr	Construction	2.50%
8	NTPC Limited ₹127.65 Cr	Power	2.46%
9	Bharti Airtel Limited ₹126.00 Cr	Telecom - Services	2.42%
10	Swiggy Limited ₹117.53 Cr	Retailing	2.26%
11	Tech Mahindra Limited ₹109.27 Cr	IT - Software	2.10%
12	Poonawalla Fincorp Limited ₹108.82 Cr	Finance	2.09%
13	Mphasis Limited ₹103.77 Cr	IT - Software	2.00%
14	Fortis Healthcare Limited ₹102.84 Cr	Healthcare Services	1.98%
15	Maruti Suzuki India Limited ₹101.72 Cr	Automobiles	1.96%
16	Indo-MIM Limited ₹100.27 Cr	Industrial Manufacturing	1.93%
17	UltraTech Cement Limited ₹96.03 Cr	Cement & Cement Products	1.85%
18	Infosys Limited ₹95.34 Cr	IT - Software	1.83%
19	Park Medi World Limited ₹92.16 Cr	Healthcare Services	1.77%
20	Sun Pharmaceutical Industries Limited ₹88.47 Cr	Pharmaceuticals & Biotechnology	1.70%
21	Indus Towers Limited ₹88.45 Cr	Telecom - Services	1.70%
22	IPCA Laboratories Limited ₹87.34 Cr	Pharmaceuticals & Biotechnology	1.68%
23	Indian Bank ₹84.76 Cr	Banks	1.63%
24	Bharat Electronics Limited ₹77.93 Cr	Aerospace & Defense	1.50%
25	The Jammu & Kashmir Bank Limited ₹77.85 Cr	Banks	1.50%
26	Bajaj Finance Limited ₹77.50 Cr	Finance	1.49%
27	Axis Bank Limited ₹76.99 Cr	Banks	1.48%
28	Piramal Finance Ltd ₹74.67 Cr	Finance	1.44%
29	IndusInd Bank Limited ₹74.37 Cr	Banks	1.43%
30	Schaeffler India Limited ₹73.55 Cr	Auto Components	1.42%
31	Jindal Steel Limited ₹71.84 Cr	Ferrous Metals	1.38%
32	V-Guard Industries Limited ₹69.37 Cr	Consumer Durables	1.33%
33	InterGlobe Aviation Limited ₹68.43 Cr	Transport Services	1.32%
34	Bank of Maharashtra ₹68.35 Cr	Banks	1.32%
35	Molbio Diagnostics Ltd. ₹68.01 Cr	Healthcare Equipment & Supplies	1.31%
36	SRF Limited ₹67.46 Cr	Chemicals & Petrochemicals	1.30%
37	Dalmia Bharat Limited ₹66.36 Cr	Cement & Cement Products	1.28%
38	Astra Microwave Products Limited ₹66.16 Cr	Aerospace & Defense	1.27%
39	Kalpataru Projects International Limited ₹61.60 Cr	Construction	1.19%
40	Ajanta Pharma Limited ₹61.99 Cr	Pharmaceuticals & Biotechnology	1.19%
41	GE Vernova T&D India Limited ₹61.57 Cr	Electrical Equipment	1.18%
42	Ashok Leyland Limited ₹57.67 Cr	Agricultural, Commercial & Construction Vehicles	1.11%
43	Tata Steel Limited ₹56.95 Cr	Ferrous Metals	1.10%
44	Metropolis Healthcare Limited ₹57.01 Cr	Healthcare Services	1.10%
45	UNO Minda Limited ₹55.81 Cr	Auto Components	1.07%
46	KEI Industries Limited ₹55.24 Cr	Industrial Products	1.06%
47	Century Plyboards (India) Limited ₹54.34 Cr	Consumer Durables	1.05%
48	DLF Limited ₹54.26 Cr	Realty	1.04%
49	Radico Khaitan Limited ₹53.15 Cr	Beverages	1.02%
50	Tenneco Clean Air India Limited ₹50.67 Cr	Auto Components	0.98%
51	Pine Labs Limited ₹50.59 Cr	Financial Technology (Fintech)	0.97%
52	Godrej Consumer Products Limited ₹49.30 Cr	Personal Products	0.95%
53	Sequent Scientific Limited ₹46.61 Cr	Pharmaceuticals & Biotechnology	0.90%
54	SBI Funds Management Limited ₹45.06 Cr	Capital Markets	0.87%
55	Hindalco Industries Limited ₹41.44 Cr	Non - Ferrous Metals	0.80%
56	Axiscades Technologies Ltd. ₹35.47 Cr	Aerospace & Defense	0.68%
57	The South Indian Bank Limited ₹34.73 Cr	Banks	0.67%
58	Vishal Mega Mart Limited ₹34.37 Cr	Retailing	0.66%
59	L&T Finance Limited ₹33.57 Cr	Finance	0.65%
60	Global Health Limited ₹29.79 Cr	Healthcare Services	0.57%
61	ITC Limited ₹28.85 Cr	Diversified FMCG	0.56%
62	Lumino Industries Limited ₹22.72 Cr	Miscellaneous	0.44%
63	National Stock Exchange of India Ltd. ₹19.80 Cr	Capital Markets	0.38%