holdings

Kotak Equity Savings Fund Direct-Growth

Hybrid: Equity Savings - Growth (Open ended)

Kotak Equity Savings Fund Direct-GrowthNAV: 30.41 as on 06 Jul, 2026

Risk levelCategoryBenchmark

Factsheet

SEBI Riskometer: Moderately HighCategory: Hybrid: Equity SavingsBenchmark: NIFTY Equity Savings Total Return Index

NAV: ₹30.41-0.09%

07 Jul 2026

Holdings Analysis

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

Asset Allocation

As on 31 May 2026

Others

40.80%

Equity

33.50%

Debt

24.04%

Real estate

1.65%

Market Cap Distribution

Large Cap (63.7%)

Mid Cap (27.8%)

Small Cap (8.6%)

Historical Asset Allocation

Asset	31 May 2026	30 Apr 2026	31 Mar 2026	28 Feb 2026	31 Jan 2026	31 Dec 2025
Equity	33.50%	33.30%	38.13%	36.68%	37.02%	36.80%
Debt	24.04%	24.99%	24.73%	20.00%	18.36%	20.44%
Others (incl. cash)	40.80%	40.13%	35.47%	41.76%	43.08%	42.09%
Commodities	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Real Estate	1.65%	1.58%	1.67%	1.55%	1.54%	0.67%

Portfolio Snapshot

No. of Securities

172

P/E Ratio

20.21

P/B Ratio

2.99

Top Holding %

40.26%

Top 5 Holdings %

59.95%

Top 10 Holdings %

73.21%

Modified Duration

1.81 yrs

Avg. Maturity

2.73 yrs

Yield to Maturity

7.39%

AUM

₹10,108 Cr

Expense Ratio

1.11%

Since Inception

9.94%

Max Drawdown

-0.16%

Sharpe Ratio

0.76

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
Bharti Airtel Ltd.	Communication	33,89,070	619.86	6.13%	-0.24%↓
Indus Towers Ltd.	Communication	93,28,198	412.35	4.08%	0.47%↑
HDFC Bank Ltd.	Financial	39,13,250	291.36	2.88%	-0.10%↓
NTPC Ltd.	Energy	74,49,400	288.22	2.85%	-0.11%↓
State Bank of India	Financial	29,08,289	280.48	2.77%	-0.32%↓
Maruti Suzuki India Ltd.	Automobile	2,12,088	278.41	2.75%	-0.06%↓
Adani Ports and Special Economic Zone Ltd.	Services	15,09,550	272.41	2.69%	0.20%↑
One97 Communications Ltd.	Services	19,73,450	220.79	2.18%	0.03%↑
Hero Motocorp Ltd.	Automobile	4,45,000	218.18	2.16%	-0.10%↓
ICICI Bank Ltd.	Financial	17,19,963	216.1	2.14%	-0.03%↓
Radico Khaitan Ltd.	Consumer Staples	5,99,928	211.09	2.09%	0.04%↑
ITC Ltd.	Consumer Staples	72,93,419	209.25	2.07%	-0.22%↓
Mphasis Ltd.	Technology	7,26,509	165.02	1.63%	-0.08%↓
NLC India Ltd.	Energy	43,77,601	152.14	1.51%	0.12%↑
Reliance Industries Ltd.	Energy	11,47,952	151.67	1.50%	-0.14%↓
Indusind Bank Ltd.	Financial	16,50,000	150.87	1.49%	-0.01%↓
Emmvee Photovoltaic Power Ltd.	Energy	45,73,154	148.76	1.47%	0.28%↑
Axis Bank Ltd.	Financial	10,25,625	131.96	1.31%	0.01%↑
Hindustan Unilever Ltd.	Consumer Staples	6,03,000	129.86	1.28%	-0.06%↓
Larsen & Toubro Ltd.	Construction	3,17,225	129.32	1.28%	0.01%↑

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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 May 2026	30 Apr 2026	31 Mar 2026	28 Feb 2026	31 Jan 2026	31 Dec 2025
Financial	7.37%	7.99%	9.17%	9.14%	8.27%	8.22%
Energy	6.04%	5.82%	6.37%	5.10%	5.32%	4.67%
Automobile	5.28%	5.54%	6.36%	7.20%	7.16%	6.03%
Communication	4.99%	4.57%	5.27%	5.37%	5.58%	5.68%
Consumer Staples	4.89%	5.09%	5.01%	3.70%	3.96%	4.09%
Services	2.01%	2.19%	3.55%	3.87%	4.02%	4.55%
Technology	1.61%	1.64%	1.79%	1.79%	2.16%	2.19%
Metals & Mining	0.78%	-	-	-	-	-
Materials	0.58%	0.56%	0.57%	0.59%	0.63%	0.62%
Capital Goods	0.12%	0.17%	0.18%	0.19%	0.19%	0.25%
Construction	0.06%	0.07%	0.07%	0.05%	0.05%	0.83%

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
Cash & Call Money	40.80%	15.49%
A1+	10.87%	4.52%
AAA	8.41%	6.01%
SOV	3.15%	8.15%
AA+	1.32%	1.29%
AA	0.20%	0.59%
Term Deposits	0.07%	0.03%
Others	0.02%	0.18%
A+	-	0.12%
AA-	-	0.25%
Cash	-	27.42%
D	-	7.13%

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

Score not available.

Price Momentum score

Score not available.

Quality score

Score not available.

QVM score

Score not available.

Red Flags

Earnings manipulation risk (Beneish M-score)

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

Name	Value
Varun Beverages Ltd.	-1.69

Declining revenues

Following companies have seen their sales decline for 2 consecutive quarters (measured on yoy basis): Tata Power Company Ltd.

High leverage

Following companies have debt to equity of greater than 2:

Name	Value
Grasim Industries Ltd.	2.2
Tata Power Company Ltd.	2.02
TVS Motor Company Ltd.	3.43
Jubilant FoodWorks Ltd.	2.14

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
Embassy Office Parks REIT	Debenture	7.21%	17/03/2028	CRISIL AAA	0.98%
Muthoot Finance Ltd.	Non Convertible Debenture	8.45%	26/06/2029	CRISIL AA+	0.98%
Union Bank of India	Certificate of Deposit	0.00%	28/07/2026	ICRA A1+	0.98%
Bank Of Baroda	Certificate of Deposit	0.00%	11/03/2027	FITCH A1+	0.93%
Punjab National Bank	Certificate of Deposit	0.00%	12/03/2027	CRISIL A1+	0.93%
Bharti Telecom Ltd.	Commercial Paper	0.00%	113-D 03/09/2026	CRISIL A1+	0.87%
Mahindra & Mahindra Financial Services Ltd.	Debenture	7.89%	28/04/2028	CRISIL AAA	0.74%
Shivshakti Securitisation Trust	Securitised Debt	0.00%	0	CRISIL AAA(SO)	0.72%
Siddhivinayak Securitisation Trust	Securitised Debt	0.00%	0	CRISIL AAA(SO)	0.72%
National Housing Bank	Bonds	6.80%	02/04/2032	CARE AAA	0.71%
Bihar State	State Development Loan	7.45%	10/09/2034	SOV	0.58%
National Bank For Agriculture & Rural Development	Bonds	6.85%	19/01/2029	ICRA AAA	0.48%
HDFC Bank Ltd.	Certificate of Deposit	0.00%	15/02/2027	CARE A1+	0.47%
AU Small Finance Bank Ltd.	Certificate of Deposit	0.00%	18/02/2027	CARE A1+	0.47%
GOI	GOI Securities	6.90%	15/04/2065	SOV	0.43%
Small Industries Devp. Bank of India Ltd.	Debenture	7.44%	04/09/2026	CRISIL AAA	0.30%
Bihar State	State Development Loan	7.52%	10/09/2036	SOV	0.29%
Mankind Pharma Ltd.	Debenture	7.99%	16/10/2026	CRISIL AA+	0.25%
Karnataka State	State Development Loan	7.19%	11/08/2032	SOV	0.24%
Bihar State	State Development Loan	6.88%	09/07/2035	SOV	0.23%
SMFG India Credit Company Ltd.	Non Convertible Debenture	8.28%	05/08/2026	ICRA AAA	0.20%
REC Ltd.	Debenture	7.56%	30/06/2026	CRISIL AAA	0.20%
Tata Capital Financial Services Ltd.	Non Convertible Debenture	8.10%	22/01/2027	CRISIL AAA	0.20%
National Housing Bank	Non Convertible Debenture	7.59%	08/09/2027	CRISIL AAA	0.20%
Small Industries Devp. Bank of India Ltd.	Non Convertible Debenture	7.68%	10/09/2027	CRISIL AAA	0.20%
National Bank For Agriculture & Rural Development	Bonds/NCDs	7.83%	30/12/2026	ICRA AAA	0.18%
National Bank For Agriculture & Rural Development	Debenture	7.70%	30/09/2027	FITCH AAA	0.15%
REC Ltd.	Debenture	7.56%	31/08/2027	ICRA AAA	0.15%
Power Finance Corporation Ltd.	Debenture	7.77%	15/07/2026	CRISIL AAA	0.11%
HDB Financial Services Ltd.	Non Convertible Debenture	7.96%	05/01/2028	CRISIL AAA	0.10%
Small Industries Devp. Bank of India Ltd.	Bonds	7.34%	26/02/2029	CRISIL AAA	0.10%
LIC Housing Finance Ltd.	Non Convertible Debenture	6.90%	17/09/2027	CRISIL AAA	0.10%
Mahindra & Mahindra Financial Services Ltd.	Debenture	0.00%	24/12/2027	CRISIL AAA	0.10%
HDFC Bank Ltd.	Debenture	0.00%	29/11/2028	CRISIL AAA	0.09%
GOI	GOI Securities	0.00%	15/04/2042	SOV	0.08%
L&T Finance Ltd.	Non Convertible Debenture	8.24%	16/06/2027	ICRA AAA	0.08%
GOI	GOI Securities	0.00%	15/10/2042	SOV	0.07%
HDFC Bank Ltd.	Fixed Deposits	9.05%	16/10/2028	CRISIL AAA	0.07%
REC Ltd.	Non Convertible Debenture	7.77%	31/03/2028	CRISIL AAA	0.06%
LIC Housing Finance Ltd.	Debenture	7.84%	11/05/2027	CRISIL AAA	0.05%
Power Finance Corporation Ltd.	Bonds	8.94%	25/03/2028	CRISIL AAA	0.05%
Axis Finance Ltd.	Debenture	8.35%	07/05/2027	CARE AAA	0.05%
Indian Railway Finance Corporation Ltd.	Non Convertible Debenture	7.46%	18/06/2029	CRISIL AAA	0.05%
Indian Railway Finance Corporation Ltd.	Non Convertible Debenture	8.55%	21/02/2029	CRISIL AAA	0.05%
HDFC Bank Ltd.	Debenture	8.55%	27/03/2029	CRISIL AAA	0.05%
Mahindra & Mahindra Financial Services Ltd.	Debenture	0.00%	25/03/2027	CRISIL AAA	0.05%
LIC Housing Finance Ltd.	Bonds	7.56%	14/06/2027	CRISIL AAA	0.05%
Export-Import Bank Of India	Bonds	7.62%	01/09/2026	CRISIL AAA	0.05%
Tamilnadu State	State Development Loan	6.99%	25/05/2041	SOV	0.05%
National Bank For Agriculture & Rural Development	Debenture	7.80%	15/03/2027	ICRA AAA	0.05%
REC Ltd.	Debenture	7.59%	31/05/2027	CRISIL AAA	0.05%
Maharashtra State	State Development Loan	7.96%	29/06/2026	SOV	0.05%
Tata Motors Finance Ltd.	Zero Coupon Bonds	0.00%	28/08/2026	CRISIL AAA	0.04%
Tamilnadu State	State Development Loan	8.05%	18/04/2028	SOV	0.04%
National Bank For Agriculture & Rural Development	Non Convertible Debenture	8.20%	09/03/2028	CRISIL AAA	0.04%
Sundaram Finance Ltd.	Debenture	8.04%	26/10/2026	CRISIL AAA	0.03%
HDB Financial Services Ltd.	Debenture	6.35%	11/09/2026	CRISIL AAA	0.03%
Tata Capital Financial Services Ltd.	Debenture	7.90%	03/12/2026	ICRA AAA	0.02%
Indian Railway Finance Corporation Ltd.	Debenture	7.68%	24/11/2026	ICRA AAA	0.02%
Power Grid Corporation Of India Ltd.	Bonds	7.93%	20/05/2028	CRISIL AAA	0.02%
Indian Railway Finance Corporation Ltd.	Debenture	8.35%	13/03/2029	CRISIL AAA	0.01%
HDB Financial Services Ltd.	Debenture	7.65%	10/09/2027	CRISIL AAA	0.01%
REC Ltd.	Debenture	7.55%	31/10/2026	CRISIL AAA	0.01%
Sundaram Finance Ltd.	Debenture	7.75%	11/12/2026	ICRA AAA	0.01%
GOI	GOI Securities	6.79%	15/05/2027	SOV	0.01%
National Bank For Agriculture & Rural Development	Debenture	8.20%	16/03/2028	CRISIL AAA	0.01%
LIC Housing Finance Ltd.	Debenture	8.70%	23/03/2029	CRISIL AAA	0.01%

Frequently Asked Questions

What are the top holdings of Kotak Equity Savings Fund Direct-Growth?

The top holdings of Kotak Equity Savings Fund Direct-Growth sorted by portfolio weight are listed in the Top Portfolio Holdings section of the Holdings tab.

How many stocks does Kotak Equity Savings Fund Direct-Growth hold in its portfolio?

Kotak Equity Savings Fund Direct-Growth holds 172 securities in its portfolio. The top 5 holdings account for 59.95% of the portfolio and the top 10 for 73.21% — a well-diversified portfolio that minimises stock-specific risk.

What is the sector allocation of Kotak Equity Savings Fund Direct-Growth?

The sector allocation of Kotak Equity Savings Fund Direct-Growth is in the Sector Allocation section, showing each industry's weight in the portfolio.

What is the equity and debt allocation of Kotak Equity Savings Fund Direct-Growth?

As of 31 May 2026, Kotak Equity Savings Fund Direct-Growth has 33.50% in equity, 24.04% in debt and 40.80% in cash/others. This asset mix determines the fund's overall risk-return profile. The debt portfolio has a yield to maturity (YTM) of 7.39%.

What is the market cap allocation of Kotak Equity Savings Fund Direct-Growth?

Kotak Equity Savings Fund Direct-Growth's equity portfolio — Large Cap: 63.69%, Mid Cap: 27.75%, Small Cap: 8.56%. Market cap allocation determines the fund's risk profile — large cap offers stability while mid and small cap offer higher growth potential with higher volatility.

Is Kotak Equity Savings Fund Direct-Growth a concentrated or diversified fund?

Kotak Equity Savings Fund Direct-Growth holds 172 securities, with the top 10 accounting for 73.21% of the portfolio and the top 5 for 59.95%. With 172 holdings, this is a well-diversified fund — stock-specific risk is limited.

What is the credit quality of Kotak Equity Savings Fund Direct-Growth?

The debt holdings of Kotak Equity Savings Fund Direct-Growth are rated as follows — Cash & Call Money: 40.80%, A1+: 10.87%, AAA: 8.41%, SOV: 3.15%, and others. Higher allocation to AAA and sovereign instruments means lower credit risk. The full rating profile compared to the category average is in the Credit Rating section.

How often does Kotak Equity Savings Fund Direct-Growth change its portfolio?

The portfolio currently holds 172 securities with the top 10 accounting for 73.21% as of 31 May 2026. Portfolio turnover reflects how actively the fund manager trades. A high turnover increases transaction costs while a low turnover reflects a buy-and-hold approach. Historical asset allocation snapshots across multiple dates are in the Holdings Analysis section.

What is the PE ratio of Kotak Equity Savings Fund Direct-Growth's portfolio?

The weighted average PE ratio of Kotak Equity Savings Fund Direct-Growth's portfolio is 20.21 and the PB ratio is 2.99. The debt portfolio has a modified duration of 1.81 years and an average maturity of 2.73 years. These metrics reflect the overall valuation and interest rate sensitivity of the portfolio.

When is the latest portfolio disclosure for Kotak Equity Savings Fund Direct-Growth?

The latest portfolio disclosure for Kotak Equity Savings Fund Direct-Growth is as of 31 May 2026. Mutual funds and ETFs in India are required to disclose their full portfolio monthly, within 10 business days of month-end. You can switch between historical disclosure dates using the date selector in the Top Portfolio Holdings section.