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 May 2026 Comparing Apr 2026 → May 2026

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Stocks Held

May 2026

Equity Holdings

₹5,042.78 Cr

Equity only, excl. debt & cash

Top 5 Weight

19.2%

Diversified

Top 10 Weight

32.0%

Diversified

Changes

2 new · 3 exits

Top Sector

Banks

22.1% of portfolio

📋 What Happened This Month Kotak Contra Fund made 2 new additions and exited 3 stocks this month. The biggest new buy was Carborundum Universal Limited (Industrial Products) at 0.33% weight. Voltas Limited was the biggest exit (Consumer Durables), which was held at 1.09%. Among existing holdings, Indus Towers Limited saw the biggest increase — now at 2.03% of the portfolio. HDFC Bank Limited was trimmed the most, now at 5.12%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 22.1%. ↓ 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

+1.87%

+9.14%

-2.06%

+2.79%

Latest NAV

₹181.21

24 Jun 2026

52W High

₹187.93

-4% from High

52W Low

₹150.09

+21% 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

20.5%

+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)

0.96

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.33

Penalises downside volatility only.

Std Deviation (3Y)

14.3%

Lower = more consistent returns.

NAV Chart ₹181.21 24 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: ₹181.21

Sector Shift Industry allocation month-over-month

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%

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Banks	22.8%	22.1%	▼ -0.7%
Finance	10.2%	9.9%	▼ -0.3%
Healthcare Services	6.5%	7.3%	▲ +0.8%
IT - Software	5.9%	5.7%	▼ -0.2%
Automobiles	5.0%	4.7%	▼ -0.3%
Pharmaceuticals & Biotechnology	4.5%	4.6%	▲ +0.2%
Telecom - Services	4.1%	4.6%	▲ +0.5%
Construction	3.8%	3.9%	● +0.1%
Cement & Cement Products	3.4%	3.3%	▼ -0.1%
Petroleum Products	3.6%	3.0%	▼ -0.6%

🟢

Biggest New Buy

Carborundum Universal Limited

0.33% weight · Industrial Products

🔴

Biggest Exit

Voltas Limited

1.09% was held · Consumer Durables

↑

Biggest Add

Indus Towers Limited

+0.54% · now 2.03%

↓

Biggest Trim

HDFC Bank Limited

-0.49% · now 5.12%

🤝 Other funds also bought this month

Schaeffler India Limited 14 funds

Carborundum Universal Limited 12 funds

👋 Other funds also exited

Kotak Mahindra Bank Limited 26 funds

Bharat Petroleum Corporation Limited 9 funds

Voltas Limited 3 funds

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

🟢 2 New Entries 🔴 3 Exits ↑ 22 Increased ↓ 33 Decreased

#	Stock	Sector	Weight (May 2026)
1	Carborundum Universal Limited ₹16.98 Cr	Industrial Products	0.33%
2	Schaeffler India Limited ₹13.11 Cr	Auto Components	0.25%

#	Stock	Sector	Last Weight (Apr 2026)
1	Voltas Limited ₹56.07 Cr	Consumer Durables	1.09%
2	Kotak Mahindra Bank Limited ₹27.79 Cr	Banks	0.54%
3	Bharat Petroleum Corporation Limited ₹18.32 Cr	Petroleum Products	0.36%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Indus Towers Limited ₹104.77 Cr	Telecom - Services	1.49%	2.03%	+0.54%
2	The Jammu & Kashmir Bank Limited ₹78.81 Cr	Banks	1.00%	1.53%	+0.53%
3	Park Medi World Limited ₹122.55 Cr	Healthcare Services	1.90%	2.37%	+0.47%
4	ICICI Bank Limited ₹247.27 Cr	Banks	4.52%	4.79%	+0.27%
5	Astra Microwave Products Limited ₹66.47 Cr	Aerospace & Defense	1.04%	1.29%	+0.25%
6	Global Health Limited ₹72.90 Cr	Healthcare Services	1.21%	1.41%	+0.20%
7	Indian Bank ₹67.61 Cr	Banks	1.14%	1.31%	+0.17%
8	Metropolis Healthcare Limited ₹58.45 Cr	Healthcare Services	0.97%	1.13%	+0.16%
9	SRF Limited ₹74.10 Cr	Chemicals & Petrochemicals	1.33%	1.44%	+0.11%
10	Hindalco Industries Limited ₹67.04 Cr	Non - Ferrous Metals	1.20%	1.30%	+0.10%
11	KEI Industries Limited ₹65.32 Cr	Industrial Products	1.17%	1.27%	+0.10%
12	Jubilant Pharmova Limited ₹57.55 Cr	Pharmaceuticals & Biotechnology	1.04%	1.12%	+0.08%
13	JB Chemicals & Pharmaceuticals Limited ₹54.34 Cr	Pharmaceuticals & Biotechnology	0.99%	1.05%	+0.06%
14	Kalpataru Projects International Limited ₹58.23 Cr	Construction	1.08%	1.13%	+0.05%
15	Larsen & Toubro Limited ₹140.86 Cr	Construction	2.69%	2.73%	+0.04%
16	NTPC Limited ₹153.02 Cr	Power	2.93%	2.96%	+0.03%
17	Shriram Finance Limited ₹136.13 Cr	Finance	2.61%	2.64%	+0.03%
18	Axis Bank Limited ₹112.32 Cr	Banks	2.15%	2.18%	+0.03%
19	InterGlobe Aviation Limited ₹60.48 Cr	Transport Services	1.14%	1.17%	+0.03%
20	Ajanta Pharma Limited ₹50.15 Cr	Pharmaceuticals & Biotechnology	0.94%	0.97%	+0.03%
21	Fortis Healthcare Limited ₹124.00 Cr	Healthcare Services	2.39%	2.40%	+0.01%
22	Bank of Maharashtra ₹73.02 Cr	Banks	1.40%	1.41%	+0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	HDFC Bank Limited ₹264.08 Cr	Banks	5.61%	5.12%	-0.49%
2	State Bank of India ₹168.96 Cr	Banks	3.63%	3.27%	-0.36%
3	Reliance Industries Limited ₹156.12 Cr	Petroleum Products	3.28%	3.02%	-0.26%
4	Bank of Baroda ₹55.18 Cr	Banks	1.33%	1.07%	-0.26%
5	Maruti Suzuki India Limited ₹111.58 Cr	Automobiles	2.35%	2.16%	-0.19%
6	Poonawalla Fincorp Limited ₹93.87 Cr	Finance	1.98%	1.82%	-0.16%
7	Tech Mahindra Limited ₹100.46 Cr	IT - Software	2.09%	1.95%	-0.14%
8	Dalmia Bharat Limited ₹68.91 Cr	Cement & Cement Products	1.46%	1.34%	-0.12%
9	Hero MotoCorp Limited ₹129.78 Cr	Automobiles	2.62%	2.51%	-0.11%
10	Bharti Airtel Limited ₹131.17 Cr	Telecom - Services	2.63%	2.54%	-0.09%
11	Swiggy Limited ₹90.25 Cr	Retailing	1.84%	1.75%	-0.09%
12	Bharat Electronics Limited ₹82.44 Cr	Aerospace & Defense	1.68%	1.60%	-0.08%
13	Bajaj Finance Limited ₹98.35 Cr	Finance	1.97%	1.91%	-0.06%
14	Piramal Finance Ltd ₹70.40 Cr	Finance	1.42%	1.36%	-0.06%
15	Coal India Limited ₹64.79 Cr	Consumable Fuels	1.32%	1.26%	-0.06%
16	ITC Limited ₹31.50 Cr	Diversified FMCG	0.67%	0.61%	-0.06%
17	Ashok Leyland Limited ₹58.13 Cr	Agricultural, Commercial & Construction Vehicles	1.18%	1.13%	-0.05%
18	Power Finance Corporation Limited ₹47.15 Cr	Finance	0.96%	0.91%	-0.05%
19	Radico Khaitan Limited ₹81.74 Cr	Beverages	1.62%	1.58%	-0.04%
20	Century Plyboards (India) Limited ₹61.63 Cr	Consumer Durables	1.23%	1.19%	-0.04%
21	Godrej Consumer Products Limited ₹59.70 Cr	Personal Products	1.20%	1.16%	-0.04%
22	LG Electronics India Ltd ₹35.85 Cr	Consumer Durables	0.73%	0.69%	-0.04%
23	Infosys Limited ₹91.72 Cr	IT - Software	1.81%	1.78%	-0.03%
24	Tenneco Clean Air India Limited ₹30.32 Cr	Auto Components	0.62%	0.59%	-0.03%
25	UltraTech Cement Limited ₹100.64 Cr	Cement & Cement Products	1.97%	1.95%	-0.02%
26	Jindal Steel Limited ₹76.42 Cr	Ferrous Metals	1.50%	1.48%	-0.02%
27	Tata Steel Limited ₹64.28 Cr	Ferrous Metals	1.27%	1.25%	-0.02%
28	Happy Forgings Limited ₹32.29 Cr	Industrial Products	0.65%	0.63%	-0.02%
29	Mphasis Limited ₹102.59 Cr	IT - Software	2.00%	1.99%	-0.01%
30	IPCA Laboratories Limited ₹77.48 Cr	Pharmaceuticals & Biotechnology	1.51%	1.50%	-0.01%
31	IndusInd Bank Limited ₹75.43 Cr	Banks	1.47%	1.46%	-0.01%
32	UNO Minda Limited ₹52.55 Cr	Auto Components	1.03%	1.02%	-0.01%
33	Vishal Mega Mart Limited ₹41.44 Cr	Retailing	0.81%	0.80%	-0.01%

What Stocks Does This Fund Hold?

59 stocks — May 2026

#	Stock	Sector	Weight & Value
1	HDFC Bank Limited ₹264.08 Cr	Banks	5.12%
2	ICICI Bank Limited ₹247.27 Cr	Banks	4.79%
3	State Bank of India ₹168.96 Cr	Banks	3.27%
4	Reliance Industries Limited ₹156.12 Cr	Petroleum Products	3.02%
5	NTPC Limited ₹153.02 Cr	Power	2.96%
6	Larsen & Toubro Limited ₹140.86 Cr	Construction	2.73%
7	Shriram Finance Limited ₹136.13 Cr	Finance	2.64%
8	Bharti Airtel Limited ₹131.17 Cr	Telecom - Services	2.54%
9	Hero MotoCorp Limited ₹129.78 Cr	Automobiles	2.51%
10	Fortis Healthcare Limited ₹124.00 Cr	Healthcare Services	2.40%
11	Park Medi World Limited ₹122.55 Cr	Healthcare Services	2.37%
12	Axis Bank Limited ₹112.32 Cr	Banks	2.18%
13	Maruti Suzuki India Limited ₹111.58 Cr	Automobiles	2.16%
14	Indus Towers Limited ₹104.77 Cr	Telecom - Services	2.03%
15	Mphasis Limited ₹102.59 Cr	IT - Software	1.99%
16	Tech Mahindra Limited ₹100.46 Cr	IT - Software	1.95%
17	UltraTech Cement Limited ₹100.64 Cr	Cement & Cement Products	1.95%
18	Bajaj Finance Limited ₹98.35 Cr	Finance	1.91%
19	Poonawalla Fincorp Limited ₹93.87 Cr	Finance	1.82%
20	GE Vernova T&D India Limited ₹93.47 Cr	Electrical Equipment	1.81%
21	Infosys Limited ₹91.72 Cr	IT - Software	1.78%
22	Swiggy Limited ₹90.25 Cr	Retailing	1.75%
23	Bharat Electronics Limited ₹82.44 Cr	Aerospace & Defense	1.60%
24	Radico Khaitan Limited ₹81.74 Cr	Beverages	1.58%
25	The Jammu & Kashmir Bank Limited ₹78.81 Cr	Banks	1.53%
26	IPCA Laboratories Limited ₹77.48 Cr	Pharmaceuticals & Biotechnology	1.50%
27	Jindal Steel Limited ₹76.42 Cr	Ferrous Metals	1.48%
28	IndusInd Bank Limited ₹75.43 Cr	Banks	1.46%
29	SRF Limited ₹74.10 Cr	Chemicals & Petrochemicals	1.44%
30	Bank of Maharashtra ₹73.02 Cr	Banks	1.41%
31	Global Health Limited ₹72.90 Cr	Healthcare Services	1.41%
32	Piramal Finance Ltd ₹70.40 Cr	Finance	1.36%
33	Dalmia Bharat Limited ₹68.91 Cr	Cement & Cement Products	1.34%
34	Indian Bank ₹67.61 Cr	Banks	1.31%
35	Hindalco Industries Limited ₹67.04 Cr	Non - Ferrous Metals	1.30%
36	Aptus Value Housing Finance India Limited ₹66.67 Cr	Finance	1.29%
37	Astra Microwave Products Limited ₹66.47 Cr	Aerospace & Defense	1.29%
38	KEI Industries Limited ₹65.32 Cr	Industrial Products	1.27%
39	Coal India Limited ₹64.79 Cr	Consumable Fuels	1.26%
40	Tata Steel Limited ₹64.28 Cr	Ferrous Metals	1.25%
41	Century Plyboards (India) Limited ₹61.63 Cr	Consumer Durables	1.19%
42	InterGlobe Aviation Limited ₹60.48 Cr	Transport Services	1.17%
43	Godrej Consumer Products Limited ₹59.70 Cr	Personal Products	1.16%
44	Kalpataru Projects International Limited ₹58.23 Cr	Construction	1.13%
45	Ashok Leyland Limited ₹58.13 Cr	Agricultural, Commercial & Construction Vehicles	1.13%
46	Metropolis Healthcare Limited ₹58.45 Cr	Healthcare Services	1.13%
47	Jubilant Pharmova Limited ₹57.55 Cr	Pharmaceuticals & Biotechnology	1.12%
48	Bank of Baroda ₹55.18 Cr	Banks	1.07%
49	JB Chemicals & Pharmaceuticals Limited ₹54.34 Cr	Pharmaceuticals & Biotechnology	1.05%
50	UNO Minda Limited ₹52.55 Cr	Auto Components	1.02%
51	Ajanta Pharma Limited ₹50.15 Cr	Pharmaceuticals & Biotechnology	0.97%
52	Power Finance Corporation Limited ₹47.15 Cr	Finance	0.91%
53	Vishal Mega Mart Limited ₹41.44 Cr	Retailing	0.80%
54	LG Electronics India Ltd ₹35.85 Cr	Consumer Durables	0.69%
55	Happy Forgings Limited ₹32.29 Cr	Industrial Products	0.63%
56	ITC Limited ₹31.50 Cr	Diversified FMCG	0.61%
57	Tenneco Clean Air India Limited ₹30.32 Cr	Auto Components	0.59%
58	Carborundum Universal Limited ₹16.98 Cr	Industrial Products	0.33%
59	Schaeffler India Limited ₹13.11 Cr	Auto Components	0.25%