Kotak ESG Exclusionary Strategy Fund
Thematic-ESGVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹16.17-1.59%1 day
- Return since launch
- 9.0%
- 52-week range
- ₹15.27 — ₹17.93
- AUM
- ₹741 Cr
Kotak ESG Exclusionary Strategy Fund is a Thematic-ESG equity fund from Kotak Mahindra Mutual Fund with ₹741 Cr under management, launched in 2020. Over three years it has returned 0.2% a year, against 8.7% for its category. The expense ratio is 2.50% and the SEBI riskometer reading is Very High.
Performance
Kotak ESG Exclusionary Strategy Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -6.0% against -4.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -9.1% | −6.8 pts | -2.3% | -5.9% |
| 2Y | -3.5% | −2.7 pts | -0.8% | -2.6% |
| 3Y | 0.2% | −8.6 pts | 8.7% | 0.9% |
| 5Y | 5.6% | −1.3 pts | 6.9% | 6.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -5.6% | −0.7 pts | -4.9% | -5.1% |
| 3M | -2.6% | −0.8 pts | -1.7% | -1.7% |
| 6M | 1.2% | −5.4 pts | 6.6% | 4.5% |
| 1Y | -6.0% | −3.8 pts | -2.3% | -4.2% |
| 2Y | -5.6% | −1.0 pts | -4.6% | -5.0% |
| 3Y | 6.8% | −1.9 pts | 8.7% | 7.1% |
| 5Y | 5.3% | −1.6 pts | 6.9% | 5.5% |
Since launch (20 Nov 2020): 9.0%
Calendar-year returns
Category average21.9%
-1.4%
20.5%
12.1%
8.0%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 8.0% | +2.8 pts | 5.2% |
| 2024 | 12.1% | −6.3 pts | 18.4% |
| 2023 | 20.5% | −5.9 pts | 26.3% |
| 2022 | -1.4% | +1.2 pts | -2.5% |
| 2021 | 21.9% | −13.0 pts | 34.9% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.50%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.03%
- Brokerage
- 0.02%
- Transaction charges
- 0.00%
- Statutory levies
- 0.44%
- Exit load
- 0.5% for redemption within 90 Days
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 100 ESG TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | -0.94 | 1.43 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.94 | 1.00 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.30 | 0.43 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.36 | 0.60 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 13.77 | 15.60 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Kotak ESG Exclusionary Strategy Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity97.5%
- Debt0.6%
- Other2.0%
Market cap split
- Large76.3%
- Mid18.2%
- Small5.5%
- P/E
- 22.36
- P/B
- 3.34
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Bharti Airtel Ltd. | Communication | 7.34% | ₹54.36 Cr | +7.42% | +7.10% | +6.00% |
| ICICI Bank Ltd. | Financial | 7.07% | ₹52.34 Cr | +5.10% | +5.11% | +3.29% |
| HDFC Bank Ltd. | Financial | 4.88% | ₹36.16 Cr | +6.04% | +7.24% | +8.06% |
| Axis Bank Ltd. | Financial | 4.74% | ₹35.10 Cr | +4.18% | +4.10% | +3.69% |
| Infosys Ltd. | Technology | 4.59% | ₹34.01 Cr | +4.71% | +3.21% | +3.80% |
| Larsen & Toubro Ltd. | Construction | 4.42% | ₹32.76 Cr | +4.47% | +4.28% | +3.81% |
| Bajaj Finance Ltd. | Financial | 4.28% | ₹31.71 Cr | +4.06% | +4.06% | +3.41% |
| Bosch Ltd. | Automobile | 4.05% | ₹30.00 Cr | +2.23% | +2.02% | +2.12% |
| Shriram Finance Ltd | Financial | 4.05% | ₹29.97 Cr | +3.46% | +3.60% | +1.88% |
| Eternal Ltd. | Services | 3.99% | ₹29.53 Cr | +4.75% | +4.26% | +5.54% |
| State Bank of India | Financial | 3.86% | ₹28.62 Cr | +3.52% | +4.01% | +2.55% |
| Ultratech Cement Ltd. | Materials | 3.71% | ₹27.48 Cr | +3.73% | +3.76% | +4.01% |
| Linde India Ltd. | Chemicals | 3.10% | ₹22.99 Cr | +3.51% | +3.49% | +3.38% |
| Hero Motocorp Ltd. | Automobile | 2.54% | ₹18.80 Cr | +2.29% | +3.17% | +3.95% |
| Godrej Consumer Products Ltd. | Consumer Staples | 2.19% | ₹16.22 Cr | +2.01% | +1.67% | +1.32% |
| Tata Consultancy Services Ltd. | Technology | 2.14% | ₹15.84 Cr | +2.02% | +2.15% | +1.45% |
| Metropolis Healthcare Ltd. | Healthcare | 2.12% | ₹15.72 Cr | +2.03% | +1.06% | — |
| Others | Others | 1.97% | ₹14.40 Cr | -0.16% | -0.90% | -0.30% |
| Avenue Supermarts Ltd. | Services | 1.90% | ₹14.04 Cr | +1.81% | +1.28% | +1.85% |
| Glaxosmithkline Pharmaceuticals Ltd. | Healthcare | 1.85% | ₹13.73 Cr | +1.64% | +1.75% | +1.80% |
| Siemens Ltd. | Capital Goods | 1.80% | ₹13.30 Cr | +1.72% | +1.39% | +0.54% |
| Ambuja Cements Ltd. | Materials | 1.62% | ₹12.03 Cr | +1.82% | +1.85% | +2.19% |
| Britannia Industries Ltd. | Consumer Staples | 1.56% | ₹11.55 Cr | +1.55% | +1.63% | +1.51% |
| Power Finance Corporation Ltd. | Financial | 1.50% | ₹11.10 Cr | +1.04% | +0.92% | +0.80% |
| Vishal Mega Mart Ltd. | Services | 1.49% | ₹11.05 Cr | — | — | — |
| Indus Towers Ltd. | Communication | 1.17% | ₹8.63 Cr | +1.33% | +1.12% | +1.08% |
| SRF Ltd. | Chemicals | 1.14% | ₹8.45 Cr | +1.21% | +1.04% | +0.50% |
| Indian Bank | Financial | 1.09% | ₹8.09 Cr | +1.01% | +1.10% | +0.69% |
| Hindustan Unilever Ltd. | Consumer Staples | 1.06% | ₹7.87 Cr | +1.17% | +1.16% | +1.25% |
| Abbott India Ltd. | Healthcare | 1.05% | ₹7.76 Cr | +1.09% | +0.98% | +1.11% |
| Mahindra & Mahindra Ltd. | Automobile | 0.97% | ₹7.22 Cr | +0.91% | +0.92% | — |
| Tech Mahindra Ltd. | Technology | 0.95% | ₹7.00 Cr | +1.41% | +3.02% | +4.18% |
| Maruti Suzuki India Ltd. | Automobile | 0.91% | ₹6.77 Cr | +0.89% | +0.92% | +1.91% |
| Schaeffler India Ltd. | Capital Goods | 0.90% | ₹6.68 Cr | — | — | — |
| Apollo Tyres Ltd. | Automobile | 0.89% | ₹6.58 Cr | +0.80% | +0.84% | +0.82% |
| Shoppers Stop Ltd. | Services | 0.83% | ₹6.12 Cr | +0.76% | +0.60% | +1.01% |
| Bank Of Baroda | Financial | 0.72% | ₹5.37 Cr | +0.82% | +0.89% | +0.62% |
| HCL Technologies Ltd. | Technology | 0.71% | ₹5.25 Cr | +1.12% | +1.20% | +1.20% |
| Bharat Petroleum Corporation Ltd. | Energy | 0.66% | ₹4.86 Cr | +1.21% | +1.43% | +1.09% |
| Kotak Liquid - Plan A - Direct Plan-Growth | Unclassified | 0.57% | ₹4.25 Cr | +0.57% | +0.51% | +0.47% |
| V-Mart Retail Ltd. | Services | 0.51% | ₹3.81 Cr | +0.65% | +0.49% | +0.63% |
| Biocon Ltd. | Healthcare | 0.50% | ₹3.71 Cr | +0.52% | +1.30% | +1.24% |
| GAIL (India) Ltd. | Energy | 0.50% | ₹3.73 Cr | +0.47% | +0.63% | +3.18% |
| Hindustan Petroleum Corporation Ltd. | Energy | 0.44% | ₹3.29 Cr | +0.96% | +1.20% | +0.98% |
| Balrampur Chini Mills Ltd. | Consumer Staples | 0.42% | ₹3.12 Cr | +0.31% | — | — |
| JK Cement Ltd. | Materials | 0.42% | ₹3.08 Cr | +0.42% | +0.42% | +0.98% |
| TeamLease Services Ltd. | Services | 0.42% | ₹3.14 Cr | +0.34% | +0.27% | +0.38% |
| APL Apollo Tubes Ltd. | Metals & Mining | 0.27% | ₹2.00 Cr | +0.22% | +0.25% | — |
| company:805 | Services | 0.14% | ₹1.01 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HDFC Bank Ltd. | 5.93% | 4.88% | -1.05% |
| Others | 1.63% | 0.66% | -0.97% |
| Bosch Ltd. | 3.26% | 4.05% | +0.79% |
| Vishal Mega Mart Ltd. | 0.94% | 1.49% | +0.55% |
| HCL Technologies Ltd. | 1.25% | 0.71% | -0.54% |
| Bharti Airtel Ltd. | 7.82% | 7.34% | -0.48% |
| Schaeffler India Ltd. | 0.50% | 0.90% | +0.40% |
| Eternal Ltd. | 3.60% | 3.99% | +0.39% |
| Axis Bank Ltd. | 4.39% | 4.74% | +0.35% |
| Power Finance Corporation Ltd. | 1.85% | 1.50% | -0.35% |
| Shriram Finance Ltd | 3.73% | 4.05% | +0.32% |
| Balrampur Chini Mills Ltd. | 0.70% | 0.42% | -0.28% |
| Glaxosmithkline Pharmaceuticals Ltd. | 1.58% | 1.85% | +0.27% |
| ICICI Bank Ltd. | 6.83% | 7.07% | +0.24% |
| Bajaj Finance Ltd. | 4.52% | 4.28% | -0.24% |
| Larsen & Toubro Ltd. | 4.22% | 4.42% | +0.20% |
| State Bank of India | 3.66% | 3.86% | +0.20% |
| Siemens Ltd. | 1.64% | 1.80% | +0.16% |
| Godrej Consumer Products Ltd. | 2.04% | 2.19% | +0.15% |
| company:805 | 0.00% | 0.14% | +0.14% |
| Linde India Ltd. | 3.21% | 3.10% | -0.11% |
| Infosys Ltd. | 4.48% | 4.59% | +0.11% |
| Indian Bank | 0.99% | 1.09% | +0.10% |
| Ambuja Cements Ltd. | 1.71% | 1.62% | -0.09% |
| Hero Motocorp Ltd. | 2.45% | 2.54% | +0.09% |
| Tata Consultancy Services Ltd. | 2.06% | 2.14% | +0.08% |
| Ultratech Cement Ltd. | 3.77% | 3.71% | -0.06% |
| Abbott India Ltd. | 1.10% | 1.05% | -0.05% |
| Hindustan Unilever Ltd. | 1.11% | 1.06% | -0.05% |
| APL Apollo Tubes Ltd. | 0.22% | 0.27% | +0.05% |
| V-Mart Retail Ltd. | 0.46% | 0.51% | +0.05% |
| Apollo Tyres Ltd. | 0.85% | 0.89% | +0.04% |
| Metropolis Healthcare Ltd. | 2.08% | 2.12% | +0.04% |
| Avenue Supermarts Ltd. | 1.86% | 1.90% | +0.04% |
| Bharat Petroleum Corporation Ltd. | 0.63% | 0.66% | +0.03% |
| Maruti Suzuki India Ltd. | 0.94% | 0.91% | -0.03% |
| Hindustan Petroleum Corporation Ltd. | 0.46% | 0.44% | -0.02% |
| Indus Towers Ltd. | 1.15% | 1.17% | +0.02% |
| Mahindra & Mahindra Ltd. | 0.99% | 0.97% | -0.02% |
| TeamLease Services Ltd. | 0.40% | 0.42% | +0.02% |
| Biocon Ltd. | 0.51% | 0.50% | -0.01% |
| Britannia Industries Ltd. | 1.57% | 1.56% | -0.01% |
| JK Cement Ltd. | 0.43% | 0.42% | -0.01% |
| Shoppers Stop Ltd. | 0.82% | 0.83% | +0.01% |
| Tech Mahindra Ltd. | 0.94% | 0.95% | +0.01% |
| Kotak Liquid - Plan A - Direct Plan-Growth | 0.56% | 0.57% | +0.01% |
| Bank Of Baroda | 0.72% | 0.72% | 0.00% |
| GAIL (India) Ltd. | 0.50% | 0.50% | 0.00% |
| SRF Ltd. | 1.14% | 1.14% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹1,740 Cr | 2.58% | -0.7% | 3.6% | 8.5% |
 SBI ESG Exclusionary Strategy Fund | ₹5,356 Cr | 2.04% | -6.2% | 1.5% | 6.5% |
 ICICI Prudential ESG Exclusionary Strategy Fund | ₹1,356 Cr | 2.32% | -7.9% | 1.4% | 8.5% |
 Axis ESG Integration Strategy Fund | ₹1,073 Cr | 2.70% | -6.5% | 0.3% | 5.3% |
 Aditya Birla Sun Life ESG Integration Strategy Fund | ₹580 Cr | 2.44% | -4.5% | 3.2% | 7.2% |
 Quant ESG Integration Strategy Fund | ₹337 Cr | 3.38% | 21.6% | 11.5% | 15.2% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate capital appreciation by investing in a diversified portfolio of companies that follow Environmental, Social and Governance parameters.
Fund managers
- Arjun KhannaMr. Khanna has done CFA, FRM, MMS(Finance) & B.E (Electronics)Prior to joining Kotak Mahindra Mutual Fund, he was with Principal Mutual Fund and has also worked with Citibank.
- Mandar PawarMr. Pawar has done B.Com and MMSPrior to joining Kotak Mahindra Mutual Fund, he has worked with KR Choksey Securities and MF Global Sify Securities
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months1.16% absolute | ₹60,000 | ₹60,696 | 1.16% | |
| 1 year−6.05% annualised | ₹1,20,000 | ₹1,16,139 | −3.22% | |
| 3 years6.83% annualised | ₹3,60,000 | ₹4,00,550 | 11.26% | |
| 5 years5.27% annualised | ₹6,00,000 | ₹6,87,774 | 14.63% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Kotak ESG Exclusionary Strategy Fund?
The NAV of Kotak ESG Exclusionary Strategy Fund is ₹16.17 as on 24 Sep 2026.
What is the expense ratio of Kotak ESG Exclusionary Strategy Fund?
The expense ratio of Kotak ESG Exclusionary Strategy Fund is 2.50% per year.
What is the minimum SIP amount for Kotak ESG Exclusionary Strategy Fund?
You can start a SIP in Kotak ESG Exclusionary Strategy Fund with ₹3,000 a month.
What returns has Kotak ESG Exclusionary Strategy Fund given?
Kotak ESG Exclusionary Strategy Fund has returned -9.1% over 1 year, 0.2% over 3 years and 5.6% over 5 years (annualised).
Is there a lock-in or exit load on Kotak ESG Exclusionary Strategy Fund?
Lock-in: None. Exit load: 0.5% for redemption within 90 Days.
How risky is Kotak ESG Exclusionary Strategy Fund?
Kotak ESG Exclusionary Strategy Fund is rated Very High on the SEBI riskometer and belongs to the Thematic-ESG category.
Which fund house manages Kotak ESG Exclusionary Strategy Fund?
Kotak ESG Exclusionary Strategy Fund is managed by Kotak Mahindra Mutual Fund, which runs 94 schemes with ₹6,09,561 Cr under management.