Kotak Banking and Financial Services Fund holds 36 instruments (97.1% equity), led by ICICI Bank Limited (12.81%), HDFC Bank Limited (10.48%) and State Bank of India (8.29%), as of its 31 July 2026 SEBI-mandated monthly disclosure.
This page shows the complete disclosed portfolio of Kotak Banking and Financial Services Fund, managed by Kotak Mahindra Mutual Fund, based on its monthly portfolio disclosure dated 31 July 2026. The fund holds 36 instruments with an equity allocation of 97.1%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.
Kotak Banking and Financial Services Fund's top 10 holdings account for 61.07% of its portfolio, more concentrated than the Thematic category average of 50.4%. Financial Services is its largest sector exposure at 97.1% of net assets, spread across 1 sector in total. Since its 30 June 2026 disclosure, the fund added 1 new position and exited 1 position, with Axis Bank Limited seeing the largest move (-1.34pp to 6.87%).
Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.
| Stock | Weight | Change |
|---|---|---|
| L&T Finance Limited | 0.8% → 1.44% | ▲ +0.64 |
| Indian Bank | 1.39% → 1.98% | ▲ +0.59 |
| Bajaj Finance Limited | 6.17% → 6.69% | ▲ +0.52 |
| ICICI Bank Limited | 12.34% → 12.81% | ▲ +0.47 |
| Piramal Finance Limited | 1.42% → 1.75% | ▲ +0.33 |
| Ujjivan Small Finance Bank Limited | 2.04% → 2.37% | ▲ +0.33 |
| Cholamandalam Investment and Finance Company Limited | 2.35% → 2.67% | ▲ +0.32 |
| IndusInd Bank Limited | 2.32% → 2.62% | ▲ +0.3 |
| Karur Vysya Bank Limited | 1.83% → 2.02% | ▲ +0.19 |
| Stock | Weight | Change |
|---|---|---|
| Axis Bank Limited | 8.21% → 6.87% | ▼ -1.34 |
| Bank of Maharashtra | 2.27% → 1.69% | ▼ -0.58 |
| Nippon Life India Asset Management Limited | 2.3% → 1.74% | ▼ -0.56 |
| State Bank of India | 8.67% → 8.29% | ▼ -0.38 |
| BSE Limited | 2.93% → 2.64% | ▼ -0.29 |
| Shriram Finance Limited | 4.99% → 4.79% | ▼ -0.2 |
| Aptus Value Housing Finance India Limited | 1.69% → 1.51% | ▼ -0.18 |
| Kotak Mahindra Bank Limited | 3.38% → 3.21% | ▼ -0.17 |
| HDFC Bank Limited | 10.63% → 10.48% | ▼ -0.15 |
| Billionbrains Garage Ventures Limited | 1.94% → 1.79% | ▼ -0.15 |
% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Jul 2026).
New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.
Source: Kotak Mahindra Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.