Kotak Banking & Financial Services Fund
The scheme seeks to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services sector. However, there can be no assurance that the investment objective of the scheme would be achieved.
Growthvine rating: 3/5 — ranked #27 of 84 in category.
Fund basics
| Category | Equity: Sectoral |
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| NAV | ₹16.36 (as of 2026-08-21) |
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| AUM | ₹1,556 Cr |
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| Expense ratio | 1.81% |
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| Riskometer | Very High |
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| Fund manager | Shibani Sircar Kurian |
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| Exit load | 0.5% for redemption within 30 days |
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Performance & risk
| Sharpe ratio | 0.44 |
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| Standard deviation | 16.24% |
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| Max drawdown | -16.84% |
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| Alpha | 1.86 |
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| Beta | 1.02 |
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Over 5 years, captured 107.5% of NIFTY Financial Services's upside and 100.6% of its downside.
Market cap allocation
| Large cap | 68.2% |
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| Mid cap | 13.4% |
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| Small cap | 18.4% |
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Concentration
| Top 5 holdings | 45.1% |
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| Top 10 holdings | 61.1% |
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| Total holdings | 34 |
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Top holdings
- ICICI Bank Ltd. — 12.8%
- HDFC Bank Ltd. — 10.5%
- State Bank Of India — 8.3%
- AXIS Bank Ltd. — 6.9%
- Bajaj Finance Limited — 6.7%
- Shriram Finance Limited — 4.8%
- Kotak Mahindra Bank Ltd. — 3.2%
- Triparty Repo — 2.8%
- Cholamandalam Investment and Finance Company Ltd — 2.7%
- BSE Ltd. — 2.6%
Top sectors
- Banking & Financial — 69.0%
- Finance & Investments — 24.9%
- Miscellaneous — 2.7%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 1.3% | Q3 | #43 of 76 |
| 2025 | 14.2% | Q1 (Top) | #16 of 69 |
| 2024 | 12.3% | Q4 (Bottom) | #47 of 58 |