Kotak ESG Exclusionary Strategy Fund

Kotak Mahindra Mutual FundThematicPortfolio as of 30 September 2026

Kotak ESG Exclusionary Strategy Fund holds 48 instruments (98.7% equity), led by Bharti Airtel Limited (7.7%), ICICI Bank Limited (6.95%) and HDFC Bank Limited (5.28%), as of its 30 September 2026 SEBI-mandated monthly disclosure.

Holdings
48
Equity Allocation
98.7%
AMC
Kotak Mahindra Mutual Fund
Category
Thematic

This page shows the complete disclosed portfolio of Kotak ESG Exclusionary Strategy Fund, managed by Kotak Mahindra Mutual Fund, based on its monthly portfolio disclosure dated 30 September 2026. The fund holds 48 instruments with an equity allocation of 98.7%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

Kotak ESG Exclusionary Strategy Fund's top 10 holdings account for 49.98% of its portfolio, in line with the Thematic category average of 49.2%. Financial Services is its largest sector exposure at 32.89% of net assets, spread across 10 sectors in total. Since its 31 August 2026 disclosure, the fund added 1 new position and exited 3 positions, with Crisil Limited seeing the largest move (+0.45pp to 0.59%).

Sector Breakdown

Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.

Financial Services
32.89%
Consumer Discretionary
19.65%
Materials
10.43%
Telecommunication
8.91%
Information Technology
8.02%
Industrials
6.66%
Healthcare
5.64%
Consumer Staples
5.32%
Other
1.3%
Utilities
0.83%
Energy
0.35%

Top 10 Equity Holdings

What Changed: August 2026 → September 2026

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.

1 new entry3 exits10 increased4 reduced

Biggest Weight Increases

StockWeightChange
Crisil Limited0.14% → 0.59%▲ +0.45
HDFC Bank Limited4.88% → 5.28%▲ +0.4
Bharti Airtel Limited7.34% → 7.7%▲ +0.36
GAIL (India) Limited0.5% → 0.83%▲ +0.33
ETERNAL LIMITED3.99% → 4.21%▲ +0.22
Linde India Limited3.1% → 3.32%▲ +0.22
Abbott India Limited1.05% → 1.19%▲ +0.14
Shoppers Stop Limited0.83% → 0.97%▲ +0.14
UltraTech Cement Limited3.71% → 3.84%▲ +0.13
Schaeffler India Limited0.9% → 1.02%▲ +0.12

Biggest Weight Reductions

StockWeightChange
Infosys Limited4.59% → 4.36%▼ -0.23
Shriram Finance Limited4.05% → 3.87%▼ -0.18
Tata Consultancy Services Limited2.14% → 1.98%▼ -0.16
ICICI Bank Limited7.07% → 6.95%▼ -0.12

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Apr – Sept 2026).

Apr: 7.67%, May: 7.42%, Jun: 7.45%, Jul: 7.82%, Aug: 7.34%, Sept: 7.7%
7.7%
Apr: 5.04%, May: 5.1%, Jun: 6.64%, Jul: 6.83%, Aug: 7.07%, Sept: 6.95%
6.95%
Apr: 6.15%, May: 6.04%, Jun: 6.42%, Jul: 5.93%, Aug: 4.88%, Sept: 5.28%
5.28%
Apr: 4.05%, May: 4.18%, Jun: 4.87%, Jul: 4.39%, Aug: 4.74%, Sept: 4.83%
4.83%
Apr: 4.32%, May: 4.47%, Jun: 4.5%, Jul: 4.22%, Aug: 4.42%, Sept: 4.45%
4.45%

Full Portfolio (48 holdings)

#HoldingSector% to NAV
1Bharti Airtel LimitedTelecommunication7.7%
2ICICI Bank LimitedFinancial Services6.95%
3HDFC Bank LimitedFinancial Services5.28%
4Axis Bank LimitedFinancial Services4.83%
5Larsen & Toubro LimitedIndustrials4.45%
6Infosys LimitedInformation Technology4.36%
7ETERNAL LIMITEDConsumer Discretionary4.21%
8Bajaj Finance LimitedFinancial Services4.2%
9Bosch LimitedConsumer Discretionary4.13%
10Shriram Finance LimitedFinancial Services3.87%
11UltraTech Cement LimitedMaterials3.84%
12State Bank of IndiaFinancial Services3.78%
13Linde India LimitedMaterials3.32%
14Hero MotoCorp LimitedConsumer Discretionary2.64%
15Godrej Consumer Products LimitedConsumer Staples2.23%
16Metropolis Healthcare LimitedHealthcare2.14%
17Avenue Supermarts LimitedConsumer Discretionary2%
18Tata Consultancy Services LimitedInformation Technology1.98%
19GlaxoSmithKline Pharmaceuticals LimitedHealthcare1.82%
20Siemens LimitedIndustrials1.8%
21Ambuja Cements LimitedMaterials1.64%
22Power Finance Corporation LimitedFinancial Services1.57%
23Britannia Industries LimitedConsumer Staples1.55%
24Vishal Mega Mart LimitedConsumer Discretionary1.47%
25Indus Towers LimitedTelecommunication1.21%
26SRF LimitedMaterials1.19%
27Abbott India LimitedHealthcare1.19%
28Hindustan Unilever LimitedConsumer Staples1.1%
29Indian BankFinancial Services1.06%
30Schaeffler India LimitedConsumer Discretionary1.02%
31Shoppers Stop LimitedConsumer Discretionary0.97%
32Tech Mahindra LimitedInformation Technology0.96%
33Triparty Repotreps—0.96%
34Mahindra & Mahindra LimitedConsumer Discretionary0.95%
35Apollo Tyres LimitedConsumer Discretionary0.89%
36Maruti Suzuki India LimitedConsumer Discretionary0.87%
37GAIL (India) LimitedUtilities0.83%
38Bank of BarodaFinancial Services0.76%
39HCL Technologies LimitedInformation Technology0.72%
40Kotak Liquid Fund - Direct Plan - Growthmf—0.62%
41Crisil LimitedFinancial Services0.59%
42V-Mart Retail LimitedConsumer Discretionary0.5%
43Biocon LimitedHealthcare0.49%
44JK Cement LimitedMaterials0.44%
45Balrampur Chini Mills LimitedConsumer Staples0.44%
46Teamlease Services LimitedIndustrials0.41%
47Reliance Industries LimitedEnergy0.35%
48Net Current Assets/(Liabilities)other—-0.28%

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Frequently Asked Questions

Yes. As of its 30 September 2026 disclosure, Bharti Airtel Limited is 7.7% of Kotak ESG Exclusionary Strategy Fund's net assets — its number 1 holding.
Yes. As of its 30 September 2026 disclosure, ICICI Bank Limited is 6.95% of Kotak ESG Exclusionary Strategy Fund's net assets — its number 2 holding.
Yes. As of its 30 September 2026 disclosure, HDFC Bank Limited is 5.28% of Kotak ESG Exclusionary Strategy Fund's net assets — its number 3 holding.
Yes. As of its 30 September 2026 disclosure, Axis Bank Limited is 4.83% of Kotak ESG Exclusionary Strategy Fund's net assets — its number 4 holding.
Yes. As of its 30 September 2026 disclosure, Larsen & Toubro Limited is 4.45% of Kotak ESG Exclusionary Strategy Fund's net assets — its number 5 holding.

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 30 September 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.