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 Apr 2026 Comparing Mar 2026 → Apr 2026

Share: WhatsApp X

Stocks Held

Apr 2026

Equity Holdings

₹5,093.91 Cr

Equity only, excl. debt & cash

Top 5 Weight

20.0%

Diversified

Top 10 Weight

32.9%

Diversified

Changes

3 new · 4 exits

Top Sector

Banks

22.8% of portfolio

📋 What Happened This Month Kotak Contra Fund made 3 new additions and exited 4 stocks this month. The biggest new buy was Astra Microwave Products Limited (Aerospace & Defense) at 1.04% weight. SBI Life Insurance Company Limited was the biggest exit (Insurance), which was held at 0.99%. Among existing holdings, KEI Industries Limited saw the biggest increase — now at 1.17% of the portfolio. Infosys Limited was trimmed the most, now at 1.81%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 22.8%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

NAV Performance

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

-2.59%

-1.48%

-4.84%

+1.29%

Latest NAV

₹175.49

04 Jun 2026

52W High

₹187.93

-7% from High

52W Low

₹150.09

+17% 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

20.6%

+ve in 92% windows

97.0% / -28.9%

3Y Rolling Avg

19.3% p.a.

+ve in 100% windows

37.2% / -2.3%

5Y Rolling Avg

20.1% p.a.

+ve in 100% windows

33.7% / 12.9%

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. What do these mean? →

Sharpe Ratio (3Y)

0.92

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.28

Penalises downside volatility only.

Std Deviation (3Y)

14.2%

Lower = more consistent returns.

NAV Chart ₹175.49 04 Jun 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: ₹175.49

Sector Shift Industry allocation month-over-month

Feb 2026 → Mar 2026

Sector	Prev	Curr ▼	Delta
Banks	23.1%	21.7%	▼ -1.4%
Finance	9.2%	8.8%	▼ -0.4%
IT - Software	6.7%	7.2%	▲ +0.5%
Healthcare Services	5.9%	6.1%	▲ +0.2%
Automobiles	5.5%	5.3%	▼ -0.2%
Pharmaceuticals & Biotechnology	4.4%	4.9%	▲ +0.5%
Telecom - Services	4.0%	4.2%	▲ +0.2%
Petroleum Products	4.1%	3.8%	▼ -0.3%
Cement & Cement Products	3.6%	3.5%	▼ -0.1%
Construction	3.7%	3.4%	▼ -0.3%

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	21.7%	22.8%	▲ +1.1%
Finance	8.8%	10.2%	▲ +1.4%
Healthcare Services	6.1%	6.5%	▲ +0.3%
IT - Software	7.2%	5.9%	▼ -1.3%
Automobiles	5.3%	5.0%	▼ -0.3%
Pharmaceuticals & Biotechnology	4.9%	4.5%	▼ -0.4%
Telecom - Services	4.2%	4.1%	● -0.1%
Construction	3.4%	3.8%	▲ +0.4%
Petroleum Products	3.8%	3.6%	▼ -0.1%
Cement & Cement Products	3.5%	3.4%	● -0.1%

🟢

Biggest New Buy

Astra Microwave Products Limited

1.04% weight · Aerospace & Defense

🔴

Biggest Exit

SBI Life Insurance Company Limited

0.99% was held · Insurance

↑

Biggest Add

KEI Industries Limited

+0.97% · now 1.17%

↓

Biggest Trim

Infosys Limited

-1.22% · now 1.81%

🤝 Other funds also bought this month

Power Finance Corporation Limited 36 funds

The Jammu & Kashmir Bank Limited 12 funds

Astra Microwave Products Limited 8 funds

👋 Other funds also exited

SBI Life Insurance Company Limited 19 funds

Coromandel International Limited 13 funds

Jyoti CNC Automation Ltd 8 funds

Nuvama Wealth Management Limited 1 fund

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 → Apr 2026

🟢 3 New Entries 🔴 4 Exits ↑ 27 Increased ↓ 30 Decreased

#	Stock	Sector	Weight (Apr 2026)
1	Astra Microwave Products Limited ₹53.36 Cr	Aerospace & Defense	1.04%
2	The Jammu & Kashmir Bank Limited ₹51.61 Cr	Banks	1.00%
3	Power Finance Corporation Limited ₹49.32 Cr	Finance	0.96%

#	Stock	Sector	Last Weight (Mar 2026)
1	SBI Life Insurance Company Limited ₹46.21 Cr	Insurance	0.99%
2	Nuvama Wealth Management Limited ₹39.31 Cr	Capital Markets	0.84%
3	Coromandel International Limited ₹34.43 Cr	Fertilizers & Agrochemicals	0.74%
4	Jyoti CNC Automation Ltd ₹27.34 Cr	Industrial Manufacturing	0.58%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	KEI Industries Limited ₹60.23 Cr	Industrial Products	0.20%	1.17%	+0.97%
2	UNO Minda Limited ₹53.07 Cr	Auto Components	0.62%	1.03%	+0.41%
3	Aptus Value Housing Finance India Limited ₹66.63 Cr	Finance	0.94%	1.29%	+0.35%
4	Larsen & Toubro Limited ₹138.70 Cr	Construction	2.40%	2.69%	+0.29%
5	Tata Steel Limited ₹65.31 Cr	Ferrous Metals	1.00%	1.27%	+0.27%
6	Axis Bank Limited ₹110.72 Cr	Banks	1.89%	2.15%	+0.26%
7	Radico Khaitan Limited ₹83.37 Cr	Beverages	1.37%	1.62%	+0.25%
8	Vishal Mega Mart Limited ₹41.62 Cr	Retailing	0.58%	0.81%	+0.23%
9	Bank of Maharashtra ₹72.19 Cr	Banks	1.21%	1.40%	+0.19%
10	Park Medi World Limited ₹97.90 Cr	Healthcare Services	1.73%	1.90%	+0.17%
11	IndusInd Bank Limited ₹75.57 Cr	Banks	1.33%	1.47%	+0.14%
12	Fortis Healthcare Limited ₹123.27 Cr	Healthcare Services	2.27%	2.39%	+0.12%
13	Bajaj Finance Limited ₹101.46 Cr	Finance	1.85%	1.97%	+0.12%
14	Indian Bank ₹58.50 Cr	Banks	1.03%	1.14%	+0.11%
15	Hindalco Industries Limited ₹61.76 Cr	Non - Ferrous Metals	1.12%	1.20%	+0.08%
16	Kalpataru Projects International Limited ₹55.79 Cr	Construction	1.01%	1.08%	+0.07%
17	Swiggy Limited ₹94.59 Cr	Retailing	1.78%	1.84%	+0.06%
18	Global Health Limited ₹62.44 Cr	Healthcare Services	1.15%	1.21%	+0.06%
19	Poonawalla Fincorp Limited ₹102.29 Cr	Finance	1.93%	1.98%	+0.05%
20	Tenneco Clean Air India Limited ₹32.04 Cr	Auto Components	0.57%	0.62%	+0.05%
21	Indus Towers Limited ₹76.66 Cr	Telecom - Services	1.45%	1.49%	+0.04%
22	Century Plyboards (India) Limited ₹63.57 Cr	Consumer Durables	1.19%	1.23%	+0.04%
23	Jubilant Pharmova Limited ₹53.59 Cr	Pharmaceuticals & Biotechnology	1.01%	1.04%	+0.03%
24	Happy Forgings Limited ₹33.70 Cr	Industrial Products	0.62%	0.65%	+0.03%
25	Mphasis Limited ₹102.83 Cr	IT - Software	1.98%	2.00%	+0.02%
26	Piramal Finance Ltd ₹73.02 Cr	Finance	1.40%	1.42%	+0.02%
27	Voltas Limited ₹56.07 Cr	Consumer Durables	1.07%	1.09%	+0.02%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Infosys Limited ₹93.37 Cr	IT - Software	3.03%	1.81%	-1.22%
2	GE Vernova T&D India Limited ₹93.14 Cr	Electrical Equipment	2.12%	1.81%	-0.31%
3	HDFC Bank Limited ₹289.15 Cr	Banks	5.86%	5.61%	-0.25%
4	Hero MotoCorp Limited ₹134.97 Cr	Automobiles	2.86%	2.62%	-0.24%
5	ICICI Bank Limited ₹232.85 Cr	Banks	4.75%	4.52%	-0.23%
6	IPCA Laboratories Limited ₹77.81 Cr	Pharmaceuticals & Biotechnology	1.74%	1.51%	-0.23%
7	JB Chemicals & Pharmaceuticals Limited ₹51.23 Cr	Pharmaceuticals & Biotechnology	1.11%	0.99%	-0.12%
8	LG Electronics India Ltd ₹37.47 Cr	Consumer Durables	0.85%	0.73%	-0.12%
9	Reliance Industries Limited ₹169.07 Cr	Petroleum Products	3.39%	3.28%	-0.11%
10	Bharti Airtel Limited ₹135.31 Cr	Telecom - Services	2.73%	2.63%	-0.10%
11	SRF Limited ₹68.72 Cr	Chemicals & Petrochemicals	1.42%	1.33%	-0.09%
12	Ajanta Pharma Limited ₹48.33 Cr	Pharmaceuticals & Biotechnology	1.03%	0.94%	-0.09%
13	Tech Mahindra Limited ₹107.86 Cr	IT - Software	2.17%	2.09%	-0.08%
14	Shriram Finance Limited ₹134.73 Cr	Finance	2.68%	2.61%	-0.07%
15	NTPC Limited ₹150.88 Cr	Power	2.99%	2.93%	-0.06%
16	Bank of Baroda ₹68.63 Cr	Banks	1.38%	1.33%	-0.05%
17	Ashok Leyland Limited ₹60.62 Cr	Agricultural, Commercial & Construction Vehicles	1.23%	1.18%	-0.05%
18	State Bank of India ₹187.19 Cr	Banks	3.67%	3.63%	-0.04%
19	Maruti Suzuki India Limited ₹120.89 Cr	Automobiles	2.39%	2.35%	-0.04%
20	UltraTech Cement Limited ₹101.55 Cr	Cement & Cement Products	2.01%	1.97%	-0.04%
21	Bharat Electronics Limited ₹86.56 Cr	Aerospace & Defense	1.72%	1.68%	-0.04%
22	Dalmia Bharat Limited ₹75.14 Cr	Cement & Cement Products	1.50%	1.46%	-0.04%
23	Coal India Limited ₹68.13 Cr	Consumable Fuels	1.36%	1.32%	-0.04%
24	Godrej Consumer Products Limited ₹61.89 Cr	Personal Products	1.22%	1.20%	-0.02%
25	InterGlobe Aviation Limited ₹58.97 Cr	Transport Services	1.16%	1.14%	-0.02%
26	Jindal Steel Limited ₹77.42 Cr	Ferrous Metals	1.51%	1.50%	-0.01%
27	Metropolis Healthcare Limited ₹50.15 Cr	Healthcare Services	0.98%	0.97%	-0.01%
28	ITC Limited ₹34.58 Cr	Diversified FMCG	0.68%	0.67%	-0.01%
29	Kotak Mahindra Bank Limited ₹27.79 Cr	Banks	0.55%	0.54%	-0.01%
30	Bharat Petroleum Corporation Limited ₹18.32 Cr	Petroleum Products	0.37%	0.36%	-0.01%

Full Portfolio

60 stocks — Apr 2026

#	Stock	Sector	Weight & Value
1	HDFC Bank Limited ₹289.15 Cr	Banks	5.61%
2	ICICI Bank Limited ₹232.85 Cr	Banks	4.52%
3	State Bank of India ₹187.19 Cr	Banks	3.63%
4	Reliance Industries Limited ₹169.07 Cr	Petroleum Products	3.28%
5	NTPC Limited ₹150.88 Cr	Power	2.93%
6	Larsen & Toubro Limited ₹138.70 Cr	Construction	2.69%
7	Bharti Airtel Limited ₹135.31 Cr	Telecom - Services	2.63%
8	Hero MotoCorp Limited ₹134.97 Cr	Automobiles	2.62%
9	Shriram Finance Limited ₹134.73 Cr	Finance	2.61%
10	Fortis Healthcare Limited ₹123.27 Cr	Healthcare Services	2.39%
11	Maruti Suzuki India Limited ₹120.89 Cr	Automobiles	2.35%
12	Axis Bank Limited ₹110.72 Cr	Banks	2.15%
13	Tech Mahindra Limited ₹107.86 Cr	IT - Software	2.09%
14	Mphasis Limited ₹102.83 Cr	IT - Software	2.00%
15	Poonawalla Fincorp Limited ₹102.29 Cr	Finance	1.98%
16	Bajaj Finance Limited ₹101.46 Cr	Finance	1.97%
17	UltraTech Cement Limited ₹101.55 Cr	Cement & Cement Products	1.97%
18	Park Medi World Limited ₹97.90 Cr	Healthcare Services	1.90%
19	Swiggy Limited ₹94.59 Cr	Retailing	1.84%
20	Infosys Limited ₹93.37 Cr	IT - Software	1.81%
21	GE Vernova T&D India Limited ₹93.14 Cr	Electrical Equipment	1.81%
22	Bharat Electronics Limited ₹86.56 Cr	Aerospace & Defense	1.68%
23	Radico Khaitan Limited ₹83.37 Cr	Beverages	1.62%
24	IPCA Laboratories Limited ₹77.81 Cr	Pharmaceuticals & Biotechnology	1.51%
25	Jindal Steel Limited ₹77.42 Cr	Ferrous Metals	1.50%
26	Indus Towers Limited ₹76.66 Cr	Telecom - Services	1.49%
27	IndusInd Bank Limited ₹75.57 Cr	Banks	1.47%
28	Dalmia Bharat Limited ₹75.14 Cr	Cement & Cement Products	1.46%
29	Piramal Finance Ltd ₹73.02 Cr	Finance	1.42%
30	Bank of Maharashtra ₹72.19 Cr	Banks	1.40%
31	SRF Limited ₹68.72 Cr	Chemicals & Petrochemicals	1.33%
32	Bank of Baroda ₹68.63 Cr	Banks	1.33%
33	Coal India Limited ₹68.13 Cr	Consumable Fuels	1.32%
34	Aptus Value Housing Finance India Limited ₹66.63 Cr	Finance	1.29%
35	Tata Steel Limited ₹65.31 Cr	Ferrous Metals	1.27%
36	Century Plyboards (India) Limited ₹63.57 Cr	Consumer Durables	1.23%
37	Global Health Limited ₹62.44 Cr	Healthcare Services	1.21%
38	Godrej Consumer Products Limited ₹61.89 Cr	Personal Products	1.20%
39	Hindalco Industries Limited ₹61.76 Cr	Non - Ferrous Metals	1.20%
40	Ashok Leyland Limited ₹60.62 Cr	Agricultural, Commercial & Construction Vehicles	1.18%
41	KEI Industries Limited ₹60.23 Cr	Industrial Products	1.17%
42	InterGlobe Aviation Limited ₹58.97 Cr	Transport Services	1.14%
43	Indian Bank ₹58.50 Cr	Banks	1.14%
44	Voltas Limited ₹56.07 Cr	Consumer Durables	1.09%
45	Kalpataru Projects International Limited ₹55.79 Cr	Construction	1.08%
46	Jubilant Pharmova Limited ₹53.59 Cr	Pharmaceuticals & Biotechnology	1.04%
47	Astra Microwave Products Limited ₹53.36 Cr	Aerospace & Defense	1.04%
48	UNO Minda Limited ₹53.07 Cr	Auto Components	1.03%
49	The Jammu & Kashmir Bank Limited ₹51.61 Cr	Banks	1.00%
50	JB Chemicals & Pharmaceuticals Limited ₹51.23 Cr	Pharmaceuticals & Biotechnology	0.99%
51	Metropolis Healthcare Limited ₹50.15 Cr	Healthcare Services	0.97%
52	Power Finance Corporation Limited ₹49.32 Cr	Finance	0.96%
53	Ajanta Pharma Limited ₹48.33 Cr	Pharmaceuticals & Biotechnology	0.94%
54	Vishal Mega Mart Limited ₹41.62 Cr	Retailing	0.81%
55	LG Electronics India Ltd ₹37.47 Cr	Consumer Durables	0.73%
56	ITC Limited ₹34.58 Cr	Diversified FMCG	0.67%
57	Happy Forgings Limited ₹33.70 Cr	Industrial Products	0.65%
58	Tenneco Clean Air India Limited ₹32.04 Cr	Auto Components	0.62%
59	Kotak Mahindra Bank Limited ₹27.79 Cr	Banks	0.54%
60	Bharat Petroleum Corporation Limited ₹18.32 Cr	Petroleum Products	0.36%