Kotak Banking and Financial Services Fund holds 37 instruments (98.81% equity), led by ICICI Bank Limited (12.67%), HDFC Bank Limited (11.28%) and State Bank of India (8.31%), as of its 30 September 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 30 September 2026. The fund holds 37 instruments with an equity allocation of 98.81%. 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 61.73% of its portfolio, more concentrated than the Thematic category average of 49.2%. Financial Services is its largest sector exposure at 98.81% of net assets, spread across 1 sector in total. Since its 31 August 2026 disclosure, the fund added 3 new positions and exited 1 position, with HDFC Bank Limited seeing the largest move (+1.37pp to 11.28%).
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 | 9.91% → 11.28% | ▲ +1.37 |
| One 97 Communications Limited | 0.58% → 1.25% | ▲ +0.67 |
| The South Indian Bank Limited | 1.07% → 1.51% | ▲ +0.44 |
| Kotak Mahindra Bank Limited | 3.44% → 3.69% | ▲ +0.25 |
| RBL Bank Limited | 1.54% → 1.76% | ▲ +0.22 |
| Axis Bank Limited | 7.24% → 7.36% | ▲ +0.12 |
| Ujjivan Small Finance Bank Limited | 2.28% → 2.4% | ▲ +0.12 |
| Stock | Weight | Change |
|---|---|---|
| Power Finance Corporation Limited | 1.35% → 0.26% | ▼ -1.09 |
| Computer Age Management Services Limited | 0.83% → 0.05% | ▼ -0.78 |
| ICICI Bank Limited | 12.93% → 12.67% | ▼ -0.26 |
| BSE Limited | 2.37% → 2.11% | ▼ -0.26 |
| Shriram Finance Limited | 5.06% → 4.83% | ▼ -0.23 |
| L&T Finance Limited | 2.12% → 1.89% | ▼ -0.23 |
| State Bank of India | 8.52% → 8.31% | ▼ -0.21 |
| Cholamandalam Investment and Finance Company Limited | 2.68% → 2.52% | ▼ -0.16 |
| Bajaj Finance Limited | 6.18% → 6.04% | ▼ -0.14 |
| Prudent Corporate Advisory Services Limited | 1.37% → 1.26% | ▼ -0.11 |
% 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 | 12.67% |
| 2 | HDFC Bank Limited | Financial Services | 11.28% |
| 3 | State Bank of India | Financial Services | 8.31% |
| 4 | Axis Bank Limited | Financial Services | 7.36% |
| 5 | Bajaj Finance Limited | Financial Services | 6.04% |
| 6 | Shriram Finance Limited | Financial Services | 4.83% |
| 7 | Kotak Mahindra Bank Limited | Financial Services | 3.69% |
| 8 | Poonawalla Fincorp Limited | Financial Services | 2.52% |
| 9 | Cholamandalam Investment and Finance Company Limited | Financial Services | 2.52% |
| 10 | IndusInd Bank Limited | Financial Services | 2.51% |
| 11 | Ujjivan Small Finance Bank Limited | Financial Services | 2.4% |
| 12 | Karur Vysya Bank Limited | Financial Services | 2.32% |
| 13 | Billionbrains Garage Ventures Limited | Financial Services | 2.27% |
| 14 | Bank of Maharashtra | Financial Services | 2.17% |
| 15 | BSE Limited | Financial Services | 2.11% |
| 16 | Indian Bank | Financial Services | 2.05% |
| 17 | The Jammu & Kashmir Bank Limited | Financial Services | 1.99% |
| 18 | Piramal Finance Limited | Financial Services | 1.97% |
| 19 | L&T Finance Limited | Financial Services | 1.89% |
| 20 | SBI FUNDS MANAGEMENT LTD | Financial Services | 1.86% |
| 21 | SBI Life Insurance Company Limited | Financial Services | 1.86% |
| 22 | RBL Bank Limited | Financial Services | 1.76% |
| 23 | Pine Labs Limited | Financial Services | 1.73% |
| 24 | Nuvama Wealth Management Limited | Financial Services | 1.72% |
| 25 | Nippon Life India Asset Management Limited | Financial Services | 1.72% |
| 26 | The South Indian Bank Limited | Financial Services | 1.51% |
| 27 | Triparty Repotreps | — | 1.46% |
| 28 | Prudent Corporate Advisory Services Limited | Financial Services | 1.26% |
| 29 | One 97 Communications Limited | Financial Services | 1.25% |
| 30 | Max Financial Services Limited | Financial Services | 0.84% |
| 31 | Home First Finance Company India Limited | Financial Services | 0.76% |
| 32 | NATIONAL STOCK EXCHANGE OF I | Financial Services | 0.73% |
| 33 | Crisil Limited | Financial Services | 0.59% |
| 34 | Power Finance Corporation Limited | Financial Services | 0.26% |
| 35 | Computer Age Management Services Limited | Financial Services | 0.05% |
| 36 | The Federal Bank Limited | Financial Services | 0.01% |
| 37 | Net Current Assets/(Liabilities)other | — | -0.27% |
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.