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 4 in category.
Fund basics
| Category | Equity: Contra |
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| NAV | ₹145.02 (as of 2026-10-01) |
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| AUM | ₹5,450 Cr |
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| Expense ratio | 1.59% |
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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 | 0.66 |
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| Standard deviation | 15.59% |
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| Max drawdown | −58.36% |
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| Alpha | 3.17 |
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| Beta | 1 |
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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 | 52.2% |
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| Mid cap | 30.4% |
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| Small cap | 17.4% |
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Concentration
| Top 5 holdings | 19.1% |
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| Top 10 holdings | 31.3% |
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| Total holdings | 61 |
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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. — 6.2%
- HDFC Bank Ltd. — 3.9%
- State Bank Of India — 3.4%
- Shriram Finance Limited — 2.9%
- Reliance Industries Ltd — 2.7%
- Hero MotoCorp Limited — 2.6%
- Larsen & Toubro Limited — 2.5%
- SWIGGY LIMITED — 2.4%
- Bharti Airtel Ltd. — 2.4%
- NTPC Limited — 2.3%
Top sectors
- Banking & Financial — 22.0%
- Finance & Investments — 10.1%
- Automobile — 8.1%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −7.6% | — | — |
| 2025 | 7.4% | — | — |
| 2024 | 22.1% | — | — |
| 2023 | 35.0% | — | — |
| 2022 | 7.4% | — | — |