Kotak Active Momentum Fund

All Cap

Diversified

Equity

India Growth

Others

Aggressive growth Investor Profile

Investor Profile

1–7 yearsInvestment Horizon

HNI, UHNI, Retail Investor, Mass AffluentTarget Segments

SEBI registered equity mutual fund suitable for all investor categoriesRegulatory Fit

Kotak Active Momentum Fund Growth invests in stocks with positive price momentum for trend-based returns.

What This Strategy Does

Kotak Active Momentum Fund Regular Growth is an equity fund which captures India's ₹200+ trillion market capitalization through a multi-cap, sector-diversified approach, deploying capital across financials, consumer, technology, and industrials to achieve broad-based earnings growth.

CW Expert Research Notes

Consistent Outperformance

The fund has demonstrated benchmark-relative outperformance across multiple market cycles, delivering earnings resilience and downside protection through disciplined stock selection.

Differentiated Construction

The fund's active momentum strategy employs a unique quantitative model to identify stocks with strong earnings revisions and price momentum, resulting in a distinct portfolio tilt towards quality cyclicals and financials.

Earnings Catalyst Exposure

With a valuation profile in line with historical norms, the fund is well-positioned to capitalize on an anticipated earnings recovery driven by rising capital expenditures and improving pricing power across key sectors.

Performance and Risk Analysis

Historical returns, volatility patterns, and how this fund has performed relative to its benchmark.

Fund Performance

0.0% AnnuallyAlpha

+0.0% vs +0.0% benchmarkSince Inception

+0.0% vs +0.0% benchmark3Y Annualized

+0.0% vs +0.0% benchmark5Y Annualized

Kotak Active Momentum Fund

Benchmark Index

Benchmark Performance Comparison

Kotak Active Momentum Fund

NIFTY 50

Detailed Risks

Market Risk

Potential recession in India could dampen consumer demand, impacting fund's cyclical exposure.

Liquidity Risk

High mid-cap allocation could face liquidity stress during market sell-offs.

Concentration Risk

Concentrated sector bets amplify idiosyncratic risks from regulatory changes or competitive shifts.

Specific Strategy Risk

Momentum strategy vulnerable to abrupt factor reversals or earnings disappointments.

Strategy Details

A closer look at the investment thesis, portfolio construction, and current holdings.

Core Investment Theme

Captures the momentum of India's most dynamic businesses across market caps. This actively managed approach aims to identify companies exhibiting strong earnings growth and sustainable competitive advantages, then concentrates the portfolio in those high-conviction opportunities.

Broader Market View

Market Outlook

Equity markets appear to be entering a mid-cycle phase, with consumption and earnings recovery gaining traction. This normalization backdrop, coupled with an uptick in capital expenditure and credit growth, presents an attractive entry point. The strategy's tilt towards consumer, financial services, and technology positions it to capitalize on formalization and domestic demand trends, although competitive pressures and margin cyclicality remain risks.

Why This Strategy is Attractive Now

The strategy seems well-aligned with the current environment through its balanced exposure across consumer cyclicals, defensives, financials, and technology. The portfolio's ~70 holdings include market leaders poised to benefit from demand revival. Its moderate beta and diversification could provide risk-adjusted participation in the normalization phase. With this positioning, the strategy appears differentiated from benchmarks and could offer an attractive combination of growth and stability.

Investment Style & Process

Investment Style

The portfolio exhibits characteristics of a Quality Growth approach, emphasizing companies with durable competitive advantages, consistent earnings growth, and reasonable valuations across large and mid-cap market segments.

Why it Makes Sense

In the current environment of moderating economic growth and elevated uncertainty, a Quality Growth strategy focused on market-leading franchises with pricing power and recurring revenue streams could provide a degree of defensiveness while participating in secular growth opportunities.

High-Level Investment Process

Sourcing: The strategy appears to source investment candidates through a combination of quantitative screening for quality metrics like high returns on capital, stable earnings, and cash flow generation, complemented by fundamental research into long-term competitive positioning and growth runways. Selection: The selection process suggests an emphasis on companies with durable competitive advantages, proven execution, attractive reinvestment opportunities, and reasonable valuations relative to growth prospects and quality characteristics. Construction: Portfolio construction is consistent with a multi-cap core approach, maintaining exposure across sectors and market capitalization ranges, with individual position sizes reflecting conviction levels and risk management considerations.

Portfolio Holdings Overview

SectoralAllocation

Services13.35%

Energy & Infra9.06%

Capital Goods31.16%

Financial Services19.08%

Technology6.09%

Consumers21.27%

Geographic Allocation

Domestic100%

Top Stock Holdings

CompanySectorAllocation

Laurus Labs LtdServices3.90%

Triparty RepoUtilities3.89%

GE Vernova T&D India LtdCapital Goods3.66%

L&T Finance LtdFinancial Services3.60%

Aditya Birla Capital LtdFinancial Services2.98%

FSN E-Commerce Ventures LtdConsumers2.63%

Narayana Hrudayalaya LtdServices2.47%

Eicher Motors LtdConsumers2.38%

TVS Motor Co LtdConsumers2.36%

Titan Co LtdConsumers2.35%

Fund House Management

The asset management company’s track record, AUM scale, and fund manager credentials.

Fund Manager Track Record

Rohit Tandon

Mr. Rohit Tandon has experience of 21 years. Manages 51 funds at Kotak Mahindra Asset Management Co Ltd with an AUM of approximately ₹19,355 Cr

44 years

Combined Team Experience

₹ 97,846 Cr

Assets Under Management

Abhishek Bisen

Co-Portfolio Manager

Mr. Abhishek Bisen has experience of 22 years. Manages 425 funds at Kotak Mahindra Asset Management Co Ltd with an AUM of approximately ₹78,491 Cr Holds a M.B.A. degree.

CW Expert Take

Kotak brings banking-grade risk assessment to fund management. Their strength is in identifying mispriced opportunities while maintaining portfolio quality. The equity teams focus on sustainable business models, while their debt strategies emphasize credit selection and liquidity management—reflecting the parent group's risk culture.

Firm Overview

Total AUM₹5,80,249.31 Cr

Investment Philosophy & Approach

Disciplined Approach

Kotak employs a disciplined investment approach focused on active management.

Risk Management

Risk management is embedded in Kotak's investment process and culture.

Long-Term Perspective

Kotak maintains a long-term perspective in its capital allocation decisions.

Operational & Regulatory Details

What it costs to invest, transaction mechanics, and regulatory disclosures you should know.

Costs and Fees

Total Expense Ratio (TER)2.14%

Regulatory & Tax Information

INF174KA1XD8

ISIN

DailyDealing Frequency

LTCG | >1Year 12.5%% on gain above 1.25 Lakh

STCG | <1Year 20%%

Tax Implications (India)