mutual funds kotak conservative hybrid fund directgrowth

holdings

Kotak Conservative Hybrid Fund Direct-Growth

Hybrid: Conservative Hybrid - Growth (Open ended)

Kotak Conservative Hybrid Fund Direct-GrowthNAV: 69.96 as on 06 Sep, 2026

Risk levelCategoryBenchmark

Factsheet

SEBI Riskometer: HighCategory: Hybrid: Conservative HybridBenchmark: CRISIL Hybrid 85+15 Conservative IndexCheck Portfolio Overlap →

NAV: ₹69.96-0.03%

07 Sept 2026

Holdings Analysis

Equity, debt and cash allocation snapshot with market cap distribution for Kotak Conservative Hybrid Fund Direct-Growth.

Asset Allocation

As on 31 Aug 2026

Debt

56.10%

Equity

23.18%

Others

19.90%

Real estate

0.82%

Market Cap Distribution

Large Cap (66.0%)

Mid Cap (29.2%)

Small Cap (4.8%)

Historical Asset Allocation

Asset	31 Aug 2026	31 Jul 2026	30 Jun 2026	31 May 2026	30 Apr 2026	31 Mar 2026
Equity	23.18%	23.22%	22.69%	21.84%	21.93%	20.68%
Debt	56.10%	63.59%	72.83%	62.14%	56.02%	64.25%
Others (incl. cash)	19.90%	12.40%	3.71%	15.25%	21.12%	13.87%
Commodities	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Real Estate	0.82%	0.79%	0.77%	0.77%	0.93%	1.20%

Portfolio Snapshot

No. of Securities

122

P/E Ratio

21.80

P/B Ratio

3.27

Top Holding %

19.90%

Top 5 Holdings %

41.00%

Top 10 Holdings %

52.62%

Modified Duration

4.73 yrs

Avg. Maturity

9.81 yrs

Yield to Maturity

7.43%

AUM

₹2,833 Cr

Expense Ratio

0.61%

Since Inception

10.32%

Max Drawdown

-0.12%

Sharpe Ratio

0.61

Top Portfolio Holdings by Weight

Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.

Instrument	Sector	No. of Shares	Value (Rs. Cr)	Weight	Change
ICICI Bank Ltd.	Financial	3,00,000	43.62	1.54%	0.03%↑
State Bank of India	Financial	3,54,000	37.52	1.32%	0.05%↑
Maruti Suzuki India Ltd.	Automobile	23,070	31.25	1.10%	-0.05%↓
Bharti Airtel Ltd.	Communication	1,64,334	29.78	1.05%	-0.08%↓
Hero Motocorp Ltd.	Automobile	48,500	26.43	0.93%	0.02%↑
NTPC Ltd.	Energy	7,96,700	26.08	0.92%	-0.20%↓
Reliance Industries Ltd.	Energy	1,96,400	25.08	0.89%	-0.01%↓
HDFC Bank Ltd.	Financial	3,53,000	25.03	0.88%	-0.04%↓
Axis Bank Ltd.	Financial	1,54,462	20.08	0.71%	0.05%↑
Divis Laboratories Ltd.	Healthcare	18,800	17.8	0.63%	0.10%↑
Tech Mahindra Ltd.	Technology	1,03,000	16.77	0.59%	0.00%
Britannia Industries Ltd.	Consumer Staples	30,400	15.96	0.56%	-0.02%↓
Max Healthcare Institute Ltd.	Healthcare	1,52,500	15.89	0.56%	-0.03%↓
Billionbrains Garage Ventures Ltd.	Financial	7,80,000	14.98	0.53%	0.00%
Torrent Pharmaceuticals Ltd.	Healthcare	27,403	13.88	0.49%	0.00%
Indus Towers Ltd.	Communication	3,50,000	13.61	0.48%	0.00%
Swiggy Ltd.	Services	4,73,639	13.35	0.47%	0.09%↑
Interglobe Aviation Ltd.	Services	25,000	13.09	0.46%	0.01%↑
Radico Khaitan Ltd.	Consumer Staples	29,296	13.14	0.46%	-0.11%↓
Lenskart Solutions Ltd.	Consumer Discretionary	1,95,000	12.92	0.46%	0.08%↑

1 / 3

Sector-wise Portfolio Allocation

Equity exposure by sector as a percentage of total net assets, tracked across recent portfolio dates. Identifies concentration risk and sector rotation trends in the fund's holdings.

Sector	31 Aug 2026	31 Jul 2026	30 Jun 2026	31 May 2026	30 Apr 2026	31 Mar 2026
Financial	7.74%	7.65%	8.15%	7.63%	6.79%	6.37%
Healthcare	2.99%	2.68%	2.42%	1.93%	1.87%	1.79%
Automobile	2.73%	2.75%	2.62%	2.58%	2.84%	2.72%
Energy	1.81%	2.02%	2.02%	2.16%	2.24%	2.11%
Consumer Staples	1.62%	2.05%	1.87%	1.80%	1.54%	1.39%
Communication	1.53%	1.61%	1.54%	1.59%	1.84%	1.47%
Technology	1.35%	1.33%	1.26%	1.37%	1.66%	1.61%
Services	0.93%	1.10%	1.03%	0.95%	1.00%	0.90%
Materials	0.83%	0.87%	0.85%	0.81%	1.14%	1.06%
Consumer Discretionary	0.57%	0.48%	0.31%	0.10%	0.10%	0.09%
Capital Goods	0.46%	0.05%	-	-	-	0.25%
Metals & Mining	0.44%	0.45%	0.44%	0.49%	0.50%	0.46%
Insurance	0.18%	0.18%	0.18%	0.17%	0.16%	0.15%
Construction	-	-	-	0.12%	0.12%	0.11%
Chemicals	-	-	-	-	-	0.09%

Debt Holdings — Credit Quality Profile

Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.

Rating	Fund	Category
SOV	23.26%	23.51%
Cash & Call Money	19.90%	14.07%
AAA	18.95%	19.16%
AA	9.88%	4.10%
AA+	2.64%	4.67%
A1+	1.04%	3.19%
Others	0.32%	0.18%
A+	0.01%	1.42%
A	-	0.78%
A-	-	0.25%
AA-	-	0.99%
B+	-	1.85%
B-	-	2.24%
BBB+	-	0.00%
Cash	-	0.14%
D	-	0.09%
Term Deposits	-	0.01%
Unrated	-	0.09%

Equity Insights

A detailed look at the equity holdings of this scheme — aggregated scores on value, momentum, quality parameters along with diversification and performance analysis.

Style Analysis

Value score

57.3 / 100

Weighted average Value score is 57.3. This indicates that portfolio is relatively reasonably valued using composite of value measures.

Price Momentum score

49.0 / 100

Weighted average Price Momentum score is 49.0. This indicates that portfolio has average momentum using composite of momentum measures.

Quality score

71.0 / 100

Weighted average Quality score is 71.0. This indicates that portfolio has average quality using composite of quality measures.

QVM score

67.4 / 100

Weighted average QVM score is 67.4. This indicates that portfolio has average QVM score and hence a neutral stance is warranted.

Red Flags

Earnings manipulation risk (Beneish M-score)

Following stocks have high risk of potential earnings manipulation (Beneish M-score > -1.78):

Name	Value
Ashok Leyland Ltd.	-1.59
Torrent Pharmaceuticals Ltd.	-0.63
Pokarna Ltd.	-1.55
Max Healthcare Institute Ltd.	-1.68
Swiggy Ltd.	-1.35

Declining revenues

Following companies have seen their sales decline for 2 consecutive quarters (measured on yoy basis): ITC Ltd., United Spirits Ltd.

High leverage

Following companies have debt to equity of greater than 2:

Name	Value
Ashok Leyland Ltd.	4.49
Interglobe Aviation Ltd.	11.15

Debt Insights

A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.

SEBI PRC matrix

Credit risk

	Interest risk
	Low	Moderate	High
Low
Moderate
High

Instruments

Full name	Description	Coupon rate	Maturity	Rating raw	Weight
GOI	GOI Securities	7.24%	18/08/2055	SOV	7.14%
GOI	GOI Securities	6.90%	15/04/2065	SOV	6.64%
JTPM Metal Traders Ltd.	Debenture	0.00%	30/04/2030	CRISIL AA	3.81%
National Bank For Agriculture & Rural Development	Bonds	7.44%	17/07/2029	CRISIL AAA	3.51%
LIC Housing Finance Ltd.	Non Convertible Debenture	0.08%	0	CRISIL AAA	2.63%
Siddhivinayak Securitisation Trust	Securitised Debt	0.00%	0	CRISIL AAA(SO)	2.59%
Shivshakti Securitisation Trust	Securitised Debt	0.00%	0	CRISIL AAA(SO)	2.57%
National Housing Bank	Bonds	6.80%	02/04/2032	CARE AAA	2.05%
Tamilnadu State	State Development Loan	7.80%	03/06/2041	SOV	1.78%
360 ONE Wealth Ltd.	Debenture	0.00%	25/07/2028	ICRA AA	1.77%
Muthoot Finance Ltd.	Non Convertible Debenture	0.00%	04/09/2029	CRISIL AA+	1.76%
Andhra Pradesh State Beverages Corporation Ltd.	Bonds	9.15%	30/11/2027	FITCH AA(CE)	1.69%
Bihar State	State Development Loan	7.45%	10/09/2034	SOV	1.23%
Adani Power Ltd.	Debenture	8.20%	25/01/2029	CRISIL AA	1.23%
Telangana State Industrial Infrastructure Corporation Ltd.	Debenture	9.35%	31/12/2027	FITCH AA(CE)	1.18%
Tamilnadu State	State Development Loan	7.73%	06/05/2036	SOV	0.89%
Muthoot Finance Ltd.	Debenture	0.00%	26/07/2029	CRISIL AA+	0.88%
Bharti Telecom Ltd.	Debenture	7.75%	29/02/2028	CRISIL AAA	0.88%
National Bank For Agriculture & Rural Development	Bonds	6.85%	19/01/2029	ICRA AAA	0.87%
REC Ltd.	Debenture	7.47%	28/02/2034	CRISIL AAA	0.87%
HDFC Bank Ltd.	Certificate of Deposit	0.00%	14/12/2026	CARE A1+	0.87%
GOI	GOI Securities	0.00%	25/11/2035	SOV	0.57%
Tamilnadu State	State Development Loan	7.74%	03/06/2036	SOV	0.53%
Power Finance Corporation Ltd.	Debenture	7.64%	22/02/2033	ICRA AAA	0.53%
Karnataka State	State Development Loan	7.56%	11/02/2036	SOV	0.51%
GOI	GOI Securities	0.00%	15/04/2038	SOV	0.46%
Tamilnadu State	State Development Loan	7.54%	11/02/2036	SOV	0.35%
Bihar State	State Development Loan	7.52%	10/09/2036	SOV	0.35%
REC Ltd.	Debenture	7.77%	30/09/2026	CRISIL AAA	0.35%
Tamilnadu State	State Development Loan	7.17%	27/02/2033	SOV	0.35%
GOI	GOI Securities	7.30%	19/06/2053	SOV	0.32%
GOI	GOI Securities	0.00%	06/05/2038	SOV	0.32%
REC Ltd.	Bonds	0.00%	03/11/2034	CRISIL AAA	0.26%
National Bank For Agriculture & Rural Development	Non Convertible Debenture	8.22%	25/02/2028	CRISIL AAA	0.25%
Power Finance Corporation Ltd.	Floating Rate Debenture	0.00%	22/01/2031	CRISIL AAA	0.21%
REC Ltd.	Debenture	8.01%	24/03/2028	CRISIL AAA	0.21%
Andhra Pradesh State Beverages Corporation Ltd.	Bonds	9.15%	18/12/2026	FITCH AA(CE)	0.20%
HDB Financial Services Ltd.	Debenture	8.34%	05/07/2027	CRISIL AAA	0.18%
Tamilnadu State	State Development Loan	8.15%	09/05/2028	SOV	0.18%
Madhya Pradesh State	State Development Loan	7.65%	01/11/2027	SOV	0.18%
LIC Housing Finance Ltd.	Debenture	7.93%	14/07/2027	CRISIL AAA	0.18%
GOI	GOI Securities	0.00%	22/04/2036	SOV	0.18%
Andhra Pradesh State	State Development Loan	6.57%	01/07/2030	SOV	0.17%
Bihar State	State Development Loan	6.88%	09/07/2035	SOV	0.17%
GOI	GOI Securities	7.17%	17/04/2030	SOV	0.17%
Sundaram Finance Ltd.	Commercial Paper	0.00%	350-D 12/02/2027	CRISIL A1+	0.17%
Power Finance Corporation Ltd.	Bonds/NCDs	8.85%	25/05/2029	CRISIL AAA	0.16%
Indian Railway Finance Corporation Ltd.	Non Convertible Debenture	7.48%	13/08/2029	CRISIL AAA	0.15%
Indian Railway Finance Corporation Ltd.	Bonds	7.83%	21/03/2027	CRISIL AAA	0.12%
GOI	GOI Securities	0.00%	25/05/2036	SOV	0.10%
GOI	GOI Securities	0.00%	25/05/2037	SOV	0.09%
GOI	GOI Securities	0.00%	25/05/2038	SOV	0.09%
GOI	GOI Securities	0.00%	25/11/2038	SOV	0.08%
GOI	GOI Securities	0.00%	25/05/2040	SOV	0.07%
GOI	GOI Securities	0.00%	25/11/2040	SOV	0.07%
Power Finance Corporation Ltd.	Debenture	7.59%	17/01/2028	CRISIL AAA	0.07%
GOI	GOI Securities	7.09%	25/11/2074	SOV	0.07%
Power Grid Corporation Of India Ltd.	Debenture	7.30%	19/06/2027	CRISIL AAA	0.07%
GOI	GOI Securities	0.00%	25/05/2041	SOV	0.07%
Tamilnadu State	State Development Loan	8.05%	18/04/2028	SOV	0.07%
REC Ltd.	Debenture	8.09%	21/03/2028	CRISIL AAA	0.06%
Power Grid Corporation Of India Ltd.	Debenture	7.20%	09/08/2027	CRISIL AAA	0.06%
Power Grid Corporation Of India Ltd.	Debenture	8.40%	27/05/2028	CRISIL AAA	0.06%
Power Finance Corporation Ltd.	Debenture	7.85%	03/04/2028	CRISIL AAA	0.06%
GOI	GOI Securities	7.26%	06/02/2033	SOV	0.04%
GOI	GOI Securities	7.34%	22/04/2064	SOV	0.02%
Uttar Pradesh Power Corporation Ltd	Debenture	9.95%	31/03/2027	CRISIL A+(CE)	0.01%
GOI	GOI Securities	6.67%	17/12/2050	SOV	0.00%
Uttar Pradesh State	State Development Loan	7.91%	27/10/2037	SOV	0.00%

Frequently Asked Questions

What are the top holdings of Kotak Conservative Hybrid Fund Direct-Growth?

The top holdings of Kotak Conservative Hybrid Fund Direct-Growth as of 31 Aug 2026 are Others (19.90%), GOI (7.14%), GOI (6.64%), JTPM Metal Traders Ltd. (3.81%), National Bank For Agriculture & Rural Development (3.51%). These top 5 stocks together account for 41.00% of the total portfolio. You can view the complete holdings breakdown above.

How many stocks does Kotak Conservative Hybrid Fund Direct-Growth hold in its portfolio?

Kotak Conservative Hybrid Fund Direct-Growth holds 122 stocks in its portfolio as of 31 Aug 2026. The fund's portfolio size reflects the fund manager's investment approach, a more concentrated portfolio indicates higher conviction bets, while a larger number of holdings suggests a more diversified strategy.

What is the sector allocation of Kotak Conservative Hybrid Fund Direct-Growth?

As of 31 Aug 2026, Kotak Conservative Hybrid Fund Direct-Growth's top sector allocations are Financial (7.74%), Healthcare (2.99%), Automobile (2.73%). You can find detailed sector allocation above.

What is the equity and debt allocation of Kotak Conservative Hybrid Fund Direct-Growth?

As of 31 Aug 2026, Kotak Conservative Hybrid Fund Direct-Growth has 23.18% allocated to equity, and 56.10% to debt. You can also check the historical trends above.

What is the market cap allocation of Kotak Conservative Hybrid Fund Direct-Growth?

As of 31 Aug 2026, Kotak Conservative Hybrid Fund Direct-Growth's market cap allocation is 66.05% in large caps, 29.16% in mid caps, and 4.79% in small caps.

What is the PE ratio of Kotak Conservative Hybrid Fund Direct-Growth's portfolio?

The portfolio PE ratio of Kotak Conservative Hybrid Fund Direct-Growth is 21.80 as of 31 Aug 2026. The portfolio PE ratio tells you how expensive or cheap the fund's holdings are relative to their earnings.

What is the credit quality of Kotak Conservative Hybrid Fund Direct-Growth?

As of 31 Aug 2026, Kotak Conservative Hybrid Fund Direct-Growth's debt portfolio has 18.95% in AAA-rated instruments, 9.88% in AA-rated, and 23.26% in sovereign securities. Higher allocation to AAA and sovereign instruments indicates lower credit risk in the non-equity portion of the portfolio.

When is the latest portfolio disclosure for Kotak Conservative Hybrid Fund Direct-Growth?

The latest portfolio disclosure for Kotak Conservative Hybrid Fund Direct-Growth is as of 31 Aug 2026. SEBI requires all mutual funds to disclose their complete portfolio holdings on a monthly basis, typically within 10 days of the end of each month.

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Asset

31 Aug 2026

31 Jul 2026

30 Jun 2026

31 May 2026

30 Apr 2026

31 Mar 2026

Equity

23.18%

23.22%

22.69%

21.84%

21.93%

20.68%

Debt

56.10%

63.59%

72.83%

62.14%

56.02%

64.25%

Others (incl. cash)

19.90%

12.40%

3.71%

15.25%

21.12%

13.87%

Commodities

0.00%

Real Estate

0.82%

0.79%

0.77%

0.93%

1.20%

Instrument

Sector

No. of Shares

Value (Rs. Cr)

Weight

Change

ICICI Bank Ltd.

Financial

3,00,000

43.62

1.54%

0.03%↑

State Bank of India

Financial

3,54,000

37.52

1.32%

0.05%↑

Maruti Suzuki India Ltd.

Automobile

23,070

31.25

1.10%

-0.05%↓

Bharti Airtel Ltd.

Communication

1,64,334

29.78

1.05%

-0.08%↓

Hero Motocorp Ltd.

Automobile

48,500

26.43

0.93%

0.02%↑

NTPC Ltd.

Energy

7,96,700

26.08

0.92%

-0.20%↓

Reliance Industries Ltd.

Energy

1,96,400

25.08

0.89%

-0.01%↓

HDFC Bank Ltd.

Financial

3,53,000

25.03

0.88%

-0.04%↓

Axis Bank Ltd.

Financial

1,54,462

20.08

0.71%

0.05%↑

Divis Laboratories Ltd.

Healthcare

18,800

17.8

0.63%

0.10%↑

Tech Mahindra Ltd.

Technology

1,03,000

16.77

0.59%

0.00%

Britannia Industries Ltd.

Consumer Staples

30,400

15.96

0.56%

-0.02%↓

Max Healthcare Institute Ltd.

Healthcare

1,52,500

15.89

0.56%

-0.03%↓

Billionbrains Garage Ventures Ltd.

Financial

7,80,000

14.98

0.53%

0.00%

Torrent Pharmaceuticals Ltd.

Healthcare

27,403

13.88

0.49%

0.00%

Indus Towers Ltd.

Communication

3,50,000

13.61

0.48%

0.00%

Swiggy Ltd.

Services

4,73,639

13.35

0.47%

0.09%↑

Interglobe Aviation Ltd.

Services

25,000

13.09

0.46%

0.01%↑

Radico Khaitan Ltd.

Consumer Staples

29,296

13.14

0.46%

-0.11%↓

Lenskart Solutions Ltd.

Consumer Discretionary

1,95,000

12.92

0.46%

0.08%↑

Sector

31 Aug 2026

31 Jul 2026

30 Jun 2026

31 May 2026

30 Apr 2026

31 Mar 2026

Financial

7.74%

7.65%

8.15%

7.63%

6.79%

6.37%

Healthcare

2.99%

2.68%

2.42%

1.93%

1.87%

1.79%

Automobile

2.73%

2.75%

2.62%

2.58%

2.84%

2.72%

Energy

1.81%

2.02%

2.16%

2.24%

2.11%

Consumer Staples

1.62%

2.05%

1.87%

1.80%

1.54%

1.39%

Communication

1.53%

1.61%

1.54%

1.59%

1.84%

1.47%

Technology

1.35%

1.33%

1.26%

1.37%

1.66%

1.61%

Services

0.93%

1.10%

1.03%

0.95%

1.00%

0.90%

Materials

0.83%

0.87%

0.85%

0.81%

1.14%

1.06%

Consumer Discretionary

0.57%

0.48%

0.31%

0.10%

0.09%

Capital Goods

0.46%

0.05%

0.25%

Metals & Mining

0.44%

0.45%

0.44%

0.49%

0.50%

0.46%

Insurance

0.18%

0.17%

0.16%

0.15%

Construction

0.12%

0.11%

Chemicals

0.09%

Rating

Fund