Kotak Contra Fund
The scheme aims to generate capital appreciation from a diversified portfolio of equity and equity related instruments. It will invest in stocks of companies, which are fundamentally sound but are undervalued.
Growthvine rating: 5/5 — ranked #1 of 5 in category.
Fund basics
| Category | Equity: Contra |
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| NAV | ₹139.74 (as of 2026-10-23) |
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| AUM | ₹5,511 Cr |
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| Expense ratio | 1.60% |
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| Riskometer | Very High |
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| Fund manager | Shibani Sircar Kurian |
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| Exit load | 1% for redemption within 90 days |
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Performance & risk
| 5-year annualised return | 11.79% |
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| Sharpe ratio | 0.45 |
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| Standard deviation | 16.12% |
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| Max drawdown | −58.36% |
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| Alpha | 3.37 |
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| Beta | 1.01 |
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Over 5 years, captured 105.0% of Nifty 500's upside and 92.2% of its downside.
Market cap allocation
| Large cap | 51.8% |
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| Mid cap | 29.1% |
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| Small cap | 19.1% |
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Concentration
| Top 5 holdings | 19.6% |
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| Top 10 holdings | 31.8% |
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| Total holdings | 63 |
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| Index overlap | 36.8% |
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| Active share | 63.2% |
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Top holdings
- ICICI Bank Ltd. — 5.9%
- HDFC Bank Ltd. — 5.1%
- State Bank Of India — 3.2%
- Reliance Industries Ltd — 2.7%
- Hero MotoCorp Limited — 2.7%
- Shriram Finance Limited — 2.5%
- Larsen & Toubro Limited — 2.5%
- NTPC Limited — 2.5%
- Bharti Airtel Ltd. — 2.4%
- SWIGGY LIMITED — 2.3%
Top sectors
- Banking & Financial — 23.5%
- Finance & Investments — 9.2%
- Automobile — 8.1%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −11.0% | — | — |
| 2025 | 7.4% | — | — |
| 2024 | 22.1% | — | — |
| 2023 | 35.0% | — | — |
| 2022 | 7.4% | — | — |