Kotak Focused Fund
- NAV as on 9 Nov 2026
- ₹28.00+0.90%1 day
- Return since launch
- 15.0%
- 52-week range
- ₹23.76 — ₹28.09
- AUM
- ₹4,273 Cr
Kotak Focused Fund is a Focused equity fund from Kotak Mahindra Mutual Fund with ₹4,273 Cr under management, launched in 2019. Over three years it has returned 9.9% a year, against 12.5% for its category. The expense ratio is 2.04% and the SEBI riskometer reading is Very High.
Performance
Kotak Focused Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +5.5% against +2.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 10.4% | +6.6 pts | 3.8% | 9.2% |
| 2Y | 10.1% | +3.2 pts | 6.9% | 6.2% |
| 3Y | 9.9% | −2.6 pts | 12.5% | 6.3% |
| 5Y | 12.6% | +3.1 pts | 9.4% | 10.0% |
| 7Y | 14.4% | +1.4 pts | 13.0% | 12.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 8.7% | +1.8 pts | 6.9% | 6.9% |
| 3M | -0.1% | −0.1 pts | -0.0% | 0.3% |
| 6M | 7.6% | +0.8 pts | 6.9% | 6.8% |
| 1Y | 6.3% | +2.6 pts | 3.8% | 2.8% |
| 2Y | 7.5% | +3.8 pts | 3.6% | 3.2% |
| 3Y | 15.0% | +2.5 pts | 12.5% | 11.6% |
| 5Y | 10.4% | +1.0 pts | 9.4% | 8.8% |
| 7Y | 14.7% | +0.8 pts | 13.9% | 13.4% |
Since launch (25 Jun 2019): 15.0%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 13.1% | +7.1 pts | 6.0% |
| 2024 | 16.2% | −4.6 pts | 20.9% |
| 2023 | 22.7% | −5.0 pts | 27.7% |
| 2022 | 1.6% | −0.8 pts | 2.4% |
| 2021 | 34.2% | +1.0 pts | 33.2% |
| 2020 | 12.8% | −4.8 pts | 17.5% |
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
2.03%
Expense ratio as on 3 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.62%
- Brokerage
- 0.03%
- Transaction charges
- 0.00%
- Statutory levies
- 0.38%
- Exit load
- Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 500 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.
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 | 2.65 | 5.18 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.95 | 0.92 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.50 | 0.63 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.59 | 0.87 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 15.08 | 15.56 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Kotak Focused Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity95.8%
- Other4.2%
Market cap split
- Large61.1%
- Mid32.9%
- Small6.0%
- P/E
- 29.64
- P/B
- 3.91
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 6.89% | ₹294 Cr | +6.92% | +5.68% | +6.52% |
| HDFC Bank Ltd. | Financial | 5.73% | ₹245 Cr | +5.95% | +6.60% | +7.55% |
| Eternal Ltd. | Services | 5.41% | ₹231 Cr | +4.45% | +4.27% | +6.07% |
| State Bank of India | Financial | 4.90% | ₹209 Cr | +5.21% | +4.79% | +4.38% |
| Shriram Finance Ltd | Financial | 4.66% | ₹199 Cr | +4.91% | +4.77% | +3.62% |
| Others | Others | 4.20% | ₹181 Cr | -0.06% | -0.40% | -0.24% |
| Bharti Airtel Ltd. | Communication | 4.17% | ₹178 Cr | +4.65% | +5.20% | +5.48% |
| Divi's Laboratories Ltd. | Healthcare | 3.86% | ₹165 Cr | +2.49% | +2.61% | +1.76% |
| Reliance Industries Ltd. | Energy | 3.51% | ₹150 Cr | +3.80% | +4.59% | +3.54% |
| Kei Industries Ltd. | Capital Goods | 3.39% | ₹145 Cr | +3.85% | +3.33% | +3.07% |
| Bharat Electronics Ltd. | Capital Goods | 3.28% | ₹140 Cr | +3.46% | +4.11% | +4.14% |
| GE Vernova T&D India Ltd | Capital Goods | 3.19% | ₹136 Cr | +2.80% | +3.37% | +3.16% |
| Billionbrains Garage Ventures Ltd. | Financial | 3.14% | ₹134 Cr | — | — | — |
| Radico Khaitan Ltd. | Consumer Staples | 3.11% | ₹133 Cr | +3.31% | +2.66% | — |
| Fortis Healthcare Ltd. | Healthcare | 3.09% | ₹132 Cr | +3.82% | +3.30% | +3.50% |
| Hero Motocorp Ltd. | Automobile | 3.04% | ₹130 Cr | +2.77% | +3.56% | +3.86% |
| UNO Minda Ltd. | Automobile | 3.03% | ₹129 Cr | — | — | — |
| Dixon Technologies (India) Ltd. | Capital Goods | 2.92% | ₹125 Cr | +1.86% | — | — |
| Astra Microwave Products Ltd. | Communication | 2.89% | ₹123 Cr | +3.20% | — | — |
| Interglobe Aviation Ltd. | Services | 2.88% | ₹123 Cr | +3.08% | +2.63% | +3.17% |
| Poonawalla Fincorp Ltd. | Financial | 2.81% | ₹120 Cr | +2.70% | +1.52% | — |
| Piramal Finance Ltd. | Financial | 2.75% | ₹117 Cr | — | — | — |
| Krishna Institute of Medical Sciences Ltd | Healthcare | 2.66% | ₹114 Cr | +2.59% | — | — |
| Maruti Suzuki India Ltd. | Automobile | 2.64% | ₹113 Cr | +3.09% | +3.36% | +4.16% |
| Ultratech Cement Ltd. | Materials | 2.60% | ₹111 Cr | +2.65% | +2.94% | +3.07% |
| Tech Mahindra Ltd. | Technology | 2.53% | ₹108 Cr | +2.32% | +2.65% | +3.80% |
| Larsen & Toubro Ltd. | Construction | 2.36% | ₹101 Cr | +2.58% | +2.54% | +2.37% |
| Blue Star Ltd. | Consumer Discretionary | 2.29% | ₹97.81 Cr | +1.83% | +2.11% | +2.31% |
| Persistent Systems Ltd. | Technology | 1.89% | ₹80.77 Cr | +1.30% | +1.70% | +1.78% |
| Molbio Diagnostics Ltd. | Healthcare | 0.18% | ₹7.85 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| SRF Ltd. | 1.37% | 0.00% | -1.37% |
| HDFC Bank Ltd. | 5.00% | 5.73% | +0.73% |
| Blue Star Ltd. | 1.56% | 2.29% | +0.73% |
| Kei Industries Ltd. | 3.85% | 3.39% | -0.46% |
| Krishna Institute of Medical Sciences Ltd | 2.27% | 2.66% | +0.39% |
| Fortis Healthcare Ltd. | 3.42% | 3.09% | -0.33% |
| Piramal Finance Ltd. | 2.46% | 2.75% | +0.29% |
| Shriram Finance Ltd | 4.94% | 4.66% | -0.28% |
| Others | -0.41% | -0.17% | +0.24% |
| ICICI Bank Ltd. | 7.12% | 6.89% | -0.23% |
| Dixon Technologies (India) Ltd. | 2.69% | 2.92% | +0.23% |
| Eternal Ltd. | 5.21% | 5.41% | +0.20% |
| Molbio Diagnostics Ltd. | 0.00% | 0.18% | +0.18% |
| State Bank of India | 5.08% | 4.90% | -0.18% |
| Divi's Laboratories Ltd. | 3.69% | 3.86% | +0.17% |
| Maruti Suzuki India Ltd. | 2.81% | 2.64% | -0.17% |
| Astra Microwave Products Ltd. | 2.76% | 2.89% | +0.13% |
| Bharti Airtel Ltd. | 4.04% | 4.17% | +0.13% |
| UNO Minda Ltd. | 2.90% | 3.03% | +0.13% |
| Radico Khaitan Ltd. | 3.23% | 3.11% | -0.12% |
| Hero Motocorp Ltd. | 2.97% | 3.04% | +0.07% |
| Billionbrains Garage Ventures Ltd. | 3.08% | 3.14% | +0.06% |
| Poonawalla Fincorp Ltd. | 2.76% | 2.81% | +0.05% |
| Ultratech Cement Ltd. | 2.55% | 2.60% | +0.05% |
| Interglobe Aviation Ltd. | 2.84% | 2.88% | +0.04% |
| Reliance Industries Ltd. | 3.55% | 3.51% | -0.04% |
| GE Vernova T&D India Ltd | 3.17% | 3.19% | +0.02% |
| Larsen & Toubro Ltd. | 2.38% | 2.36% | -0.02% |
| Bharat Electronics Ltd. | 3.29% | 3.28% | -0.01% |
| Tech Mahindra Ltd. | 2.54% | 2.53% | -0.01% |
| Persistent Systems Ltd. | 1.88% | 1.89% | +0.01% |
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 | ₹20,559 Cr | 1.91% | 13.8% | 10.4% | 14.6% |
 SBI Focused Fund | ₹50,423 Cr | 1.55% | 14.7% | 13.3% | 14.3% |
 HDFC Focused Fund | ₹26,553 Cr | 1.71% | 10.0% | 8.9% | 14.7% |
 ICICI Prudential Focused Fund | ₹17,248 Cr | 2.10% | 7.7% | 9.3% | 14.7% |
 Invesco India Focused Fund | ₹6,486 Cr | 1.92% | 28.7% | 12.8% | 17.5% |
 Bandhan Focused Fund | ₹2,087 Cr | 2.29% | 8.1% | 7.5% | 11.9% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate long term capital appreciation/income by investing in equity & equity related instruments across market capitalization of up to 30 companies.
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.
- Shibani Sircar KurianMs. Kurian has done PGDM (Specialization in Finance), BSc (Hons)-EconomicsPrior to joining Kotak AMC, she was working with Dawnay Day AV India Advisors Pvt Ltd and UTI AMC.
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 months7.63% absolute | ₹60,000 | ₹64,578 | 7.63% | |
| 1 year6.35% annualised | ₹1,20,000 | ₹1,24,209 | 3.51% | |
| 3 years15.02% annualised | ₹3,60,000 | ₹4,56,944 | 26.93% | |
| 5 years10.40% annualised | ₹6,00,000 | ₹7,89,394 | 31.57% |
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.