Kotak Business Cycle Fund holds 53 instruments (99.38% equity), led by ICICI Bank Limited (8.35%), Aditya Infotech Limited (5.06%) and Aster DM Healthcare Limited (4%), as of its 31 July 2026 SEBI-mandated monthly disclosure.
This page shows the complete disclosed portfolio of Kotak Business Cycle Fund, managed by Kotak Mahindra Mutual Fund, based on its monthly portfolio disclosure dated 31 July 2026. The fund holds 53 instruments with an equity allocation of 99.38%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.
Kotak Business Cycle Fund's top 10 holdings account for 39.8% of its portfolio, more diversified than the Thematic category average of 50.4%. Financial Services is its largest sector exposure at 28.74% of net assets, spread across 13 sectors in total. Since its 30 June 2026 disclosure, the fund added 3 new positions and exited 3 positions, with Aditya Infotech Limited seeing the largest move (-0.56pp to 5.06%).
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 |
|---|---|---|
| ETERNAL LIMITED | 3.46% → 3.83% | ▲ +0.37 |
| TVS Motor Company Limited | 1% → 1.21% | ▲ +0.21 |
| Hexaware Technologies Limited | 1.07% → 1.26% | ▲ +0.19 |
| Brigade Enterprises Limited | 1.26% → 1.42% | ▲ +0.16 |
| Jubilant Ingrevia Limited | 0.91% → 1.06% | ▲ +0.15 |
| Bharti Hexacom Limited | 2.84% → 2.98% | ▲ +0.14 |
| Mahindra & Mahindra Limited | 2% → 2.14% | ▲ +0.14 |
| Infosys Limited | 1.45% → 1.58% | ▲ +0.13 |
| Lenskart Solutions Limited | 2.11% → 2.23% | ▲ +0.12 |
| Stock | Weight | Change |
|---|---|---|
| Aditya Infotech Limited | 5.62% → 5.06% | ▼ -0.56 |
| Axis Bank Limited | 4.16% → 3.68% | ▼ -0.48 |
| HDFC Bank Limited | 3.04% → 2.76% | ▼ -0.28 |
| Avenue Supermarts Limited | 2.04% → 1.77% | ▼ -0.27 |
| Vishal Mega Mart Limited | 2.24% → 1.97% | ▼ -0.27 |
| Acme Solar Holdings Limited | 2.57% → 2.37% | ▼ -0.2 |
| ICICI Lombard General Insurance Company Limited | 1.83% → 1.65% | ▼ -0.18 |
| Krishna Institute of Medical Sciences Limited | 3.65% → 3.49% | ▼ -0.16 |
| Kalpataru Projects International Limited | 1.62% → 1.48% | ▼ -0.14 |
| Vijaya Diagnostic Centre Limited | 3.02% → 2.91% | ▼ -0.11 |
% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Jul 2026).
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 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.