← Kotak Mutual Fund

Kotak Services Fund - Direct - Growth

Equity Data as of Jul 2026 Comparing Jun 2026 → Jul 2026
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Stocks Held
45
Jul 2026
Equity Holdings
₹704.89 Cr
Equity only, excl. debt & cash
AAUM
₹738.52 Cr
Apr-Jun 2026 · Direct + Regular
Top 5 Weight
42.1%
High concentration
Top 10 Weight
64.6%
High concentration
Changes
52
9 new · 10 exits
Top Sector
Banks
35.4% of portfolio
Launch Date
04 Feb 2026
0 years old

AAUM (Average Assets Under Management) of ₹738.52 Cr for Apr-Jun 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 Services Fund made 9 new additions and exited 10 stocks this month. The biggest new buy was SBI Funds Management Limited (Capital Markets) at 1.35% weight. Max Healthcare Institute Limited was the biggest exit (Healthcare Services), which was held at 4.86%. Among existing holdings, HDFC Bank Limited saw the biggest increase — now at 5.15% of the portfolio. Power Grid Corporation of India Limited was trimmed the most, now at 5.14%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 35.4%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
May 2026 Jun 2026
Sector Prev Curr Delta
Banks 33.2% 34.7% +1.5%
Finance 9.5% 12.1% +2.6%
Power 8.4% 9.0% +0.6%
Telecom - Services 8.1% 8.4% +0.3%
IT - Software 10.9% 8.0% -2.9%
Healthcare Services 4.3% 5.3% +1.0%
Consumer Durables 4.9% 5.1% +0.3%
Capital Markets 3.3% 3.2% 0.0%
Retailing 1.8% 2.1% +0.3%
Transport Services 1.7% 1.9% +0.2%
Jun 2026 Jul 2026
Sector Prev Curr Delta
Banks 34.7% 35.4% +0.7%
Finance 12.1% 12.5% +0.5%
IT - Software 8.0% 9.6% +1.6%
Telecom - Services 8.4% 9.1% +0.7%
Power 9.0% 7.9% -1.0%
Consumer Durables 5.1% 5.6% +0.4%
Capital Markets 3.2% 3.9% +0.7%
Retailing 2.1% 2.0% -0.1%
Transport Services 1.9% 1.8% -0.1%
Industrial Products 1.4% 1.2% -0.3%
🟢
Biggest New Buy
SBI Funds Management Limited
1.35% weight · Capital Markets
🔴
Biggest Exit
Max Healthcare Institute Limited
4.86% was held · Healthcare Services
Biggest Add
HDFC Bank Limited
+2.43% · now 5.15%
Biggest Trim
Power Grid Corporation of India Limited
-2.17% · now 5.14%
🤝 Other funds also bought this month
SBI Funds Management Limited 89 funds
SBI Funds Management Limited
Helios Financial Services Fund - Direct Plan - Growth Option
quant BFSI Fund - Growth Option - Direct Plan
Bajaj Finserv Banking and Financial Services Fund - Direct - Growth + more
360 One WAM Limited 31 funds
360 One WAM Limited
Edel BSE Capital Markets & Insurance ETF
DSP Nifty Midcap 150 Qlty 50 Index Fund
Canara Robeco Focused Fund - Direct Plan - Growth Option + more
Indus Towers Limited 21 funds
Indus Towers Limited
quant ESG Integration Strategy Fund
quant Infrastructure Fund - Growth Option-Direct Plan
SBI INFRASTRUCTURE FUND - DIRECT PLAN - GROWTH + more
Oracle Financial Services Software Limited 20 funds
Oracle Financial Services Software Limited
CAPITALMIND FLEXI CAP FUND DIRECT GROWTH
Mirae Asset Nifty IT ETF
Axis NIFTY IT ETF + more
Bank of Maharashtra 14 funds
Bank of Maharashtra
Aditya Birla Sun Life Quant Fund - Direct Growth
DSP Nifty Midcap 150 Qlty 50 Index Fund
Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund + more
Global Health Limited 14 funds
Global Health Limited
Invesco India Focused Fund
Bandhan Focused Fund - Direct Plan - Growth
WhiteOak Capital Pharma and Healthcare Fund + more
👋 Other funds also exited
InterGlobe Aviation Limited 55 funds
InterGlobe Aviation Limited
Invesco India Large & Mid Cap Fund - Direct Plan - Growth
Invesco India - Invesco Pan European Equity Fund of Fund - Direct Plan - Growth Option
Invesco India Consumption Fund - Direct Plan - Growth + more
Bank of Baroda 47 funds
Bank of Baroda
SBI BSE PSU BANK INDEX FUND- Direct Plan- Growth
SBI BSE PSU BANK ETF
Invesco India PSU Equity Fund + more
Max Healthcare Institute Limited 43 funds
Max Healthcare Institute Limited
Groww Nifty 50 ETF
Groww BSE Hospitals ETF FOF
Invesco India Large & Mid Cap Fund - Direct Plan - Growth + more
Avenue Supermarts Limited 33 funds
Avenue Supermarts Limited
Motilal Oswal Balanced Advantage Fund (MOFDYNAMIC) - Direct Plan - Growth Option
Mirae Asset Nifty Next 50 ETF
Aditya Birla Sunlife Nifty Next 50 ETF + more
Vishal Mega Mart Limited 29 funds
Vishal Mega Mart Limited
Invesco India Consumption Fund - Direct Plan - Growth
Bank of India Mid Cap Fund - Direct Plan Growth
LIC MF Mid Cap Fund-Direct Plan-Growth + more
Bandhan Bank Limited 26 funds
Bandhan Bank Limited
Groww Nifty Smallcap250 ETF
Invesco India Transportation and Logistics Fund
ITI Balanced Advantage Fund - Direct Plan - Growth Option + more

What Changed in the Portfolio This Month?

Comparing Jun 2026 → Jul 2026

Jun 2026 Jul 2026
🟢 9 New Entries 🔴 10 Exits ↑ 21 Increased ↓ 12 Decreased
#StockSectorWeight (Jul 2026)
1
SBI Funds Management Limited
₹10.26 Cr
Capital Markets 1.35%
2
Global Health Limited
₹4.71 Cr
Healthcare Services 0.62%
3
Bank of Maharashtra
₹3.57 Cr
Banks 0.47%
4
360 One WAM Limited
₹3.28 Cr
Capital Markets 0.43%
5
Indus Towers Limited
₹2.87 Cr
Telecom - Services 0.38%
6
Oracle Financial Services Software Limited
₹2.82 Cr
IT - Software 0.37%
7
Prudent Corporate Advisory Services Limited
₹1.67 Cr
Capital Markets 0.22%
8
Tata Power Company Limited
₹1.07 Cr
Power 0.14%
9
Chalet Hotels Limited
₹81.14 L
Leisure Services 0.11%
#StockSectorLast Weight (Jun 2026)
1
Max Healthcare Institute Limited
₹36.39 Cr
Healthcare Services 4.86%
2
United Spirits Limited
₹9.16 Cr
Beverages 1.22%
3
Bank of Baroda
₹6.46 Cr
Banks 0.86%
4
HDFC Asset Management Company Limited
₹4.50 Cr
Capital Markets 0.60%
5
Bandhan Bank Limited
₹3.40 Cr
Banks 0.45%
6
InterGlobe Aviation Limited
₹2.68 Cr
Transport Services 0.36%
7
Avenue Supermarts Limited
₹2.55 Cr
Retailing 0.34%
8
The Indian Hotels Company Limited
₹2.44 Cr
Leisure Services 0.33%
9
Equitas Small Finance Bank Limited
₹1.18 Cr
Banks 0.16%
10
Vishal Mega Mart Limited
₹73.61 L
Retailing 0.10%
#StockSectorJun 2026Jul 2026Change
1
HDFC Bank Limited
₹39.10 Cr
Banks 2.72% 5.15% +2.43%
2
NTPC Limited
₹14.29 Cr
Power 0.62% 1.88% +1.26%
3
Tech Mahindra Limited
₹26.51 Cr
IT - Software 2.86% 3.49% +0.63%
4
ICICI Bank Limited
₹83.72 Cr
Banks 10.44% 11.03% +0.59%
5
Bajaj Finance Limited
₹34.10 Cr
Finance 4.01% 4.49% +0.48%
6
Titan Company Limited
₹37.75 Cr
Consumer Durables 4.55% 4.98% +0.43%
7
Bharti Airtel Limited
₹61.41 Cr
Telecom - Services 7.70% 8.09% +0.39%
8
Infosys Limited
₹30.22 Cr
IT - Software 3.63% 3.98% +0.35%
9
Info Edge (India) Limited
₹10.97 Cr
Retailing 1.18% 1.45% +0.27%
10
Container Corporation of India Limited
₹3.93 Cr
Transport Services 0.28% 0.52% +0.24%
#StockSectorJun 2026Jul 2026Change
1
Power Grid Corporation of India Limited
₹39.00 Cr
Power 7.31% 5.14% -2.17%
2
Axis Bank Limited
₹64.91 Cr
Banks 9.88% 8.55% -1.33%
3
Aditya Birla Sun Life AMC Limited
₹5.81 Cr
Capital Markets 1.32% 0.77% -0.55%
4
QUADRANT FUTURE TEK LIMITED
₹7.58 Cr
Industrial Products 1.27% 1.00% -0.27%
5
Acme Solar Holdings Ltd
₹5.80 Cr
Power 1.03% 0.76% -0.27%
6
Angel One Limited
₹8.79 Cr
Capital Markets 1.30% 1.16% -0.14%
7
State Bank of India
₹70.49 Cr
Banks 9.41% 9.29% -0.12%
8
Tata Communications Limited
₹4.39 Cr
Telecom - Services 0.66% 0.58% -0.08%
9
JNK INDIA LIMITED
₹2.60 Cr
Industrial Manufacturing 0.40% 0.34% -0.06%
10
Shriram Finance Limited
₹16.01 Cr
Finance 2.13% 2.11% -0.02%

What Stocks Does This Fund Hold?

45 stocks — Jul 2026

# Stock Sector Cap Weight & Value
1
₹83.72 Cr
Banks
11.03%
2
₹70.49 Cr
Banks
9.29%
3
₹64.91 Cr
Banks
8.55%
4
₹61.41 Cr
Telecom - Services
8.09%
5
₹39.10 Cr
Banks
5.15%
6
₹39.00 Cr
Power
5.14%
7
₹37.75 Cr
Consumer Durables
4.98%
8
₹34.10 Cr
Finance
4.49%
9
₹30.22 Cr
IT - Software
3.98%
10
₹29.89 Cr
Finance
3.94%
🏆 Top stocks held by Equity funds
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🏦 Kotak Mutual Fund — Portfolio & Holdings
See all funds managed by Kotak Mutual Fund — conviction stocks, monthly entries & exits

Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

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