Kotak Business Cycle Fund holds 54 instruments (98.63% equity), led by ICICI Bank Limited (7.69%), Aditya Infotech Limited (5.74%) and INDO-MIM LTD (4.39%), as of its 30 September 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 30 September 2026. The fund holds 54 instruments with an equity allocation of 98.63%. 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 40.82% of its portfolio, more diversified than the Thematic category average of 49.2%. Financial Services is its largest sector exposure at 27.85% of net assets, spread across 13 sectors in total. Since its 31 August 2026 disclosure, the fund added 0 new positions and exited 0 positions, with INDO-MIM LTD seeing the largest move (+1.38pp to 4.39%).
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 |
|---|---|---|
| INDO-MIM LTD | 3.01% → 4.39% | ▲ +1.38 |
| Aditya Infotech Limited | 5.17% → 5.74% | ▲ +0.57 |
| Acme Solar Holdings Limited | 2.55% → 2.87% | ▲ +0.32 |
| Lenskart Solutions Limited | 2.54% → 2.7% | ▲ +0.16 |
| Stock | Weight | Change |
|---|---|---|
| ICICI Bank Limited | 8.23% → 7.69% | ▼ -0.54 |
| Shriram Finance Limited | 2.72% → 2.48% | ▼ -0.24 |
| Happy Forgings Limited | 2.01% → 1.77% | ▼ -0.24 |
| 360 ONE WAM LIMITED | 2.21% → 1.99% | ▼ -0.22 |
| Maruti Suzuki India Limited | 2.3% → 2.09% | ▼ -0.21 |
| Aster DM Healthcare Limited | 3.56% → 3.37% | ▼ -0.19 |
| Brigade Enterprises Limited | 1.56% → 1.4% | ▼ -0.16 |
| Infosys Limited | 1.54% → 1.39% | ▼ -0.15 |
| Indian Bank | 2% → 1.85% | ▼ -0.15 |
| Mahindra & Mahindra Limited | 2.01% → 1.86% | ▼ -0.15 |
% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Apr – Sept 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 30 September 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.