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Sectoral / Thematic · Kotak Mahindra Mutual Fund · AMFI code 151381Kotak Banking & Financial Services Fund
Disclosed for 3 months, Jul 2026 to Sep 2026.
Portfolio value
₹1,561 Cr
up ₹4.7 Cr vs Jul 2026
- Stocks held
- 33
- down 1 vs Jul 2026
- Top 10 weight
- 61.0%
- of the portfolio in its ten largest
- Cash & debt
- 2.5%
- cash, money market and debt
- Moves this month
- 0 in · 1 out
- added to 10, trimmed 14
Kotak Banking & Financial Services Fund is an active equity fund in the Sectoral / Thematic category from Kotak Mahindra Mutual Fund. In August 2026 it disclosed 33 stocks worth ₹1,561 Cr, up ₹4.7 Cr from Jul 2026. Its largest positions were ICICI Bank Limited (12.9%), HDFC Bank Limited (9.9%), State Bank of India (8.5%); the ten largest together made up 61.0% of the portfolio, and Banks was the biggest sector at 59.6% of its equity. Cash and debt stood at 2.5%. Compared with Jul 2026 the fund entered 0 new stocks and exited 1.
Against 229 other Sectoral / Thematic funds
Concentration
84%
Top-10 weight is higher than 84% of peers
Breadth
19%
Holds more stocks than 19% of peers
Cash
34%
Holds more cash than 34% of peers
What these mean: concentration · cash
Holdings in August 2026
Download CSVEvery line the fund disclosed, with the change against Jul 2026. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| ICICI Bank Limited | 12.93% | up 0.13 pts | ₹202 Cr | up ₹2.6 Cr | Added |
| HDFC Bank Limited | 9.91% | down 0.58 pts | ₹155 Cr | down ₹8.5 Cr | Trimmed |
| State Bank of India | 8.52% | up 0.24 pts | ₹133 Cr | up ₹4.1 Cr | Added |
| Axis Bank Limited | 7.24% | up 0.37 pts | ₹113 Cr | up ₹6.1 Cr | Added |
| Bajaj Finance Limited | 6.18% | down 0.51 pts | ₹96.4 Cr | down ₹7.7 Cr | Trimmed |
| Shriram Transport Finance Company Limited Shriram Finance Limited · history in this fund | 5.06% | up 0.27 pts | ₹79 Cr | up ₹4.5 Cr | Added |
| Kotak Mahindra Bank Limited | 3.44% | up 0.23 pts | ₹53.8 Cr | up ₹3.7 Cr | Added |
| Cholamandalam Investment and Finance Company Limited | 2.68% | up <0.01 pts | ₹41.8 Cr | up ₹17 L | Held |
| IndusInd Bank Limited | 2.62% | up <0.01 pts | ₹41 Cr | up ₹17 L | Held |
| Cash, TREPS & receivables | 2.53% | down 0.38 pts | ₹39.5 Cr | down ₹5.7 Cr | Trimmed |
| Poonawalla Fincorp Limited | 2.44% | down 0.01 pts | ₹38.1 Cr | up ₹2 L | Held |
| BSE Limited | 2.37% | down 0.27 pts | ₹37 Cr | down ₹4.1 Cr | Trimmed |
| Karur Vysya Bank Limited | 2.31% | up 0.28 pts | ₹36 Cr | up ₹4.5 Cr | Added |
| Ujjivan Small Finance Bank Limited | 2.28% | down 0.09 pts | ₹35.5 Cr | down ₹1.4 Cr | Trimmed |
| Billionbrains Garage Ventures Ltd | 2.20% | up 0.42 pts | ₹34.4 Cr | up ₹6.6 Cr | Added |
| L&T Finance Limited | 2.12% | up 0.69 pts | ₹33.2 Cr | up ₹10.8 Cr | Added |
| Indian Bank | 2.12% | up 0.14 pts | ₹33.1 Cr | up ₹2.3 Cr | Added |
| Bank of Maharashtra | 2.08% | up 0.39 pts | ₹32.5 Cr | up ₹6.2 Cr | Added |
| DDB DEWAN HSG FINANCE CORPORATION LTD Piramal Finance Limited · history in this fund | 2.06% | up 0.30 pts | ₹32.1 Cr | up ₹4.8 Cr | Added |
| The Jammu & Kashmir Bank Limited | 1.97% | down 0.12 pts | ₹30.7 Cr | down ₹1.7 Cr | Trimmed |
| SBI Funds Management Limited | 1.93% | down 0.04 pts | ₹30.2 Cr | down ₹61 L | Trimmed |
| SBI Life Insurance Company Limited | 1.77% | down 0.15 pts | ₹27.6 Cr | down ₹2.2 Cr | Trimmed |
| Nippon Life India Asset Management Limited | 1.75% | up 0.01 pts | ₹27.3 Cr | up ₹25 L | Added |
| Nuvama Wealth Management Limited | 1.69% | down 0.05 pts | ₹26.4 Cr | down ₹76 L | Trimmed |
| RBL Bank Limited | 1.54% | up 0.02 pts | ₹24.1 Cr | up ₹31 L | Added |
| Aptus Value Housing Finance India Limited | 1.44% | down 0.08 pts | ₹22.4 Cr | down ₹1.1 Cr | Trimmed |
| Prudent Corporate Advisory Services Limited | 1.37% | up 0.14 pts | ₹21.4 Cr | up ₹2.2 Cr | Added |
| Power Finance Corporation Limited | 1.35% | down 0.71 pts | ₹21 Cr | down ₹11 Cr | Trimmed |
| The South Indian Bank Limited | 1.07% | down 0.03 pts | ₹16.7 Cr | down ₹38 L | Trimmed |
| Max Financial Services Limited | 0.86% | up 0.04 pts | ₹13.4 Cr | up ₹63 L | Added |
| Computer Age Management Services Limited | 0.83% | down 0.02 pts | ₹13 Cr | down ₹23 L | Trimmed |
| Home First Finance Company India Limited | 0.74% | down 0.02 pts | ₹11.6 Cr | down ₹24 L | Trimmed |
| One 97 Communications Limited | 0.58% | up 0.13 pts | ₹9.1 Cr | up ₹2 Cr | Added |
| The Federal Bank Limited | 0.01% | down <0.01 pts | ₹17 L | down ₹0 L | Trimmed |
What changed, Jul 2026 to Aug 2026
New New positions (0)
None.
Exited Exited (1)
- India Shelter Finance Corporation Limitedwas 0.7% · ₹11.5 Cr
Added Biggest additions
- L&T Finance Limitedup ₹10.8 Cr (+0.69% pts)
- Billionbrains Garage Ventures Ltdup ₹6.6 Cr (+0.42% pts)
- Bank of Maharashtraup ₹6.2 Cr (+0.39% pts)
- Axis Bank Limitedup ₹6.1 Cr (+0.37% pts)
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Jul 2026, the weight rose most in Banks (+0.8 pts) and Capital Markets (+0.1 pts), and fell most in Finance (−0.9 pts) and Insurance (−0.1 pts).
- Banks58.8% → 59.6%+0.8 pts
- Capital Markets12.3% → 12.5%+0.1 pts
- Financial Technology (fintech)0.5% → 0.6%+0.1 pts
- Finance25.6% → 24.7%−0.9 pts
- Insurance2.8% → 2.7%−0.1 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Jul 2026 | Aug 2026 |
|---|---|---|
| Banks | 58.8% | 59.6% |
| Finance | 25.6% | 24.7% |
| Capital Markets | 12.3% | 12.5% |
| Insurance | 2.8% | 2.7% |
| Financial Technology (fintech) | 0.5% | 0.6% |
Allocation in Aug 2026change vs Jul 2026
- Banks (14)59.6%▲ 0.8 pts
- Finance (9)24.7%▼ 0.9 pts
- Capital Markets (7)12.5%▲ 0.1 pts
- Insurance (2)2.7%▼ 0.1 pts
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal. More on reading cash.
Cash & debt, Aug 2026
2.5%
▼ 0.4 pts vs Jul 2026
- Cash alone
- 2.5%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 2.5% – 2.9%
- lowest to highest · record 2.9% in Jul 2026
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.