Kotak Services Fund holds 51 instruments (97.39% equity), led by ICICI Bank Limited (10.84%), State Bank of India (9.26%) and Axis Bank Limited (8.69%), as of its 30 September 2026 SEBI-mandated monthly disclosure.
This page shows the complete disclosed portfolio of Kotak Services Fund, managed by Kotak Mahindra Mutual Fund, based on its monthly portfolio disclosure dated 30 September 2026. The fund holds 51 instruments with an equity allocation of 97.39%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.
Kotak Services Fund's top 10 holdings account for 62.19% of its portfolio, more concentrated than the Thematic category average of 49.2%. Financial Services is its largest sector exposure at 54.49% of net assets, spread across 10 sectors in total. Since its 31 August 2026 disclosure, the fund added 4 new positions and exited 4 positions, with Infosys Limited seeing the largest move (-1.67pp to 2.34%).
Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.
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 |
|---|---|---|
| HDFC Bank Limited | 4.9% → 6.22% | ▲ +1.32 |
| ETERNAL LIMITED | 0.54% → 1.23% | ▲ +0.69 |
| Quadrant Future Tek Limited | 1.25% → 1.69% | ▲ +0.44 |
| Power Grid Corporation of India Limited | 4.78% → 5.03% | ▲ +0.25 |
| Info Edge (India) Limited | 1.63% → 1.83% | ▲ +0.2 |
| Stock | Weight | Change |
|---|---|---|
| Infosys Limited | 4.01% → 2.34% | ▼ -1.67 |
| Bharti Airtel Limited | 7.46% → 6.01% | ▼ -1.45 |
| ICICI Bank Limited | 11.21% → 10.84% | ▼ -0.37 |
| State Bank of India | 9.61% → 9.26% | ▼ -0.35 |
| HCL Technologies Limited | 1.67% → 1.4% | ▼ -0.27 |
| Cholamandalam Investment and Finance Company Limited | 1.08% → 0.84% | ▼ -0.24 |
| Titan Company Limited | 5.22% → 5% | ▼ -0.22 |
| PNB Housing Finance Limited | 4.31% → 4.11% | ▼ -0.2 |
| SHIPROCKET LTD | 2.37% → 2.18% | ▼ -0.19 |
| Shriram Finance Limited | 2.24% → 2.11% | ▼ -0.13 |
% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Apr – Sept 2026).
| # | Holding | Sector | % to NAV |
|---|---|---|---|
| 1 | ICICI Bank Limited | Financial Services | 10.84% |
| 2 | State Bank of India | Financial Services | 9.26% |
| 3 | Axis Bank Limited | Financial Services | 8.69% |
| 4 | HDFC Bank Limited | Financial Services | 6.22% |
| 5 | Bharti Airtel Limited | Telecommunication | 6.01% |
| 6 | Power Grid Corporation of India Limited | Utilities | 5.03% |
| 7 | Titan Company Limited | Consumer Discretionary | 5% |
| 8 | PNB Housing Finance Limited | Financial Services | 4.11% |
| 9 | Bajaj Finance Limited | Financial Services | 3.59% |
| 10 | Tech Mahindra Limited | Information Technology | 3.44% |
| 11 | Triparty Repotreps | — | 2.57% |
| 12 | Infosys Limited | Information Technology | 2.34% |
| 13 | SHIPROCKET LTD | Services | 2.18% |
| 14 | Shriram Finance Limited | Financial Services | 2.11% |
| 15 | NTPC Limited | Utilities | 1.87% |
| 16 | Info Edge (India) Limited | Consumer Discretionary | 1.83% |
| 17 | Quadrant Future Tek Limited | Industrials | 1.69% |
| 18 | Life Insurance Corporation Of India | Financial Services | 1.67% |
| 19 | HCL Technologies Limited | Information Technology | 1.4% |
| 20 | Global Health Limited | Healthcare | 1.36% |
| 21 | SBI FUNDS MANAGEMENT LTD | Financial Services | 1.26% |
| 22 | ETERNAL LIMITED | Consumer Discretionary | 1.23% |
| 23 | RENTOMOJO LTD | Industrials | 1.15% |
| 24 | Angel One Limited | Financial Services | 1.14% |
| 25 | Delhivery Limited | Services | 1.13% |
| 26 | SS RETAIL LTD | Consumer Discretionary | 1.13% |
| 27 | Ujjivan Small Finance Bank Limited | Financial Services | 0.94% |
| 28 | Cholamandalam Investment and Finance Company Limited | Financial Services | 0.84% |
| 29 | L&T Finance Limited | Financial Services | 0.84% |
| 30 | Sai Life Sciences Limited | Healthcare | 0.81% |
| 31 | Aditya Birla Sun Life AMC Limited | Financial Services | 0.8% |
| 32 | 360 ONE WAM LIMITED | Financial Services | 0.67% |
| 33 | Tata Technologies Limited | Information Technology | 0.65% |
| 34 | Chalet Hotels Limited | Consumer Discretionary | 0.61% |
| 35 | Container Corporation of India Limited | Services | 0.59% |
| 36 | Tata Communications Limited | Telecommunication | 0.58% |
| 37 | Bank of Maharashtra | Financial Services | 0.5% |
| 38 | Motherson Sumi Wiring India Limited | Consumer Discretionary | 0.44% |
| 39 | Crisil Limited | Financial Services | 0.42% |
| 40 | Metro Brands Limited | Consumer Discretionary | 0.4% |
| 41 | Indus Towers Limited | Telecommunication | 0.38% |
| 42 | Krishna Institute of Medical Sciences Limited | Healthcare | 0.38% |
| 43 | JNK India Limited | Industrials | 0.37% |
| 44 | Coal India Limited | Energy | 0.3% |
| 45 | BROOKFIELD INDIA REAL ESTATE | Real Estate | 0.29% |
| 46 | BSE Limited | Financial Services | 0.26% |
| 47 | Prudent Corporate Advisory Services Limited | Financial Services | 0.22% |
| 48 | JSW Energy Limited | Utilities | 0.21% |
| 49 | Aditya Birla Capital Limited | Financial Services | 0.11% |
| 50 | Crompton Greaves Consumer Electricals Limited | Consumer Discretionary | 0.1% |
| 51 | Net Current Assets/(Liabilities)other | — | 0.04% |
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.