Kotak Services Fund holds 48 instruments (93.18% equity), led by ICICI Bank Limited (11.03%), State Bank of India (9.29%) and Axis Bank Limited (8.55%), as of its 31 July 2026 SEBI-mandated monthly disclosure.
This page shows the complete disclosed portfolio of Kotak Services Fund, managed by Kotak Mahindra Mutual Fund, based on its monthly portfolio disclosure dated 31 July 2026. The fund holds 48 instruments with an equity allocation of 93.18%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.
Kotak Services Fund's top 10 holdings account for 64.64% of its portfolio, more concentrated than the Thematic category average of 50.4%. Financial Services is its largest sector exposure at 51.89% of net assets, spread across 9 sectors in total. Since its 30 June 2026 disclosure, the fund added 9 new positions and exited 10 positions, with HDFC Bank Limited seeing the largest move (+2.43pp to 5.15%).
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 | 2.72% → 5.15% | ▲ +2.43 |
| NTPC Limited | 0.62% → 1.88% | ▲ +1.26 |
| Tech Mahindra Limited | 2.86% → 3.49% | ▲ +0.63 |
| ICICI Bank Limited | 10.44% → 11.03% | ▲ +0.59 |
| Bajaj Finance Limited | 4.01% → 4.49% | ▲ +0.48 |
| Titan Company Limited | 4.55% → 4.98% | ▲ +0.43 |
| Bharti Airtel Limited | 7.7% → 8.09% | ▲ +0.39 |
| Infosys Limited | 3.63% → 3.98% | ▲ +0.35 |
| Info Edge (India) Limited | 1.18% → 1.45% | ▲ +0.27 |
| Container Corporation of India Limited | 0.28% → 0.52% | ▲ +0.24 |
| Stock | Weight | Change |
|---|---|---|
| Power Grid Corporation of India Limited | 7.31% → 5.14% | ▼ -2.17 |
| Axis Bank Limited | 9.88% → 8.55% | ▼ -1.33 |
| Aditya Birla Sun Life AMC Limited | 1.32% → 0.77% | ▼ -0.55 |
| Quadrant Future Tek Limited | 1.27% → 1% | ▼ -0.27 |
| Acme Solar Holdings Limited | 1.03% → 0.76% | ▼ -0.27 |
| Angel One Limited | 1.3% → 1.16% | ▼ -0.14 |
| State Bank of India | 9.41% → 9.29% | ▼ -0.12 |
% 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.