Kotak Active Momentum Gr

All Cap

Diversified

Equity

India Growth

Others

Emotionally driven

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 Regular Gr is an equity fund which captures India's ₹200+ trillion market capitalization through a multi-cap portfolio construction, deploying capital across industrials, financials, and consumer sectors to achieve broad-based earnings growth.

CW Expert Research Notes

Consistent Outperformance

The strategy has demonstrated resilient benchmark-relative behavior, outperforming in 10 of the past 12 years, highlighting its ability to deliver consistent earnings participation across cycles.

Differentiated Construction

The strategy's differentiated construction, with a bias towards mid-cap industrials and financials, coupled with a meaningful underweight in technology, sets it apart from peers and expresses conviction in domestic cyclical exposure.

Cyclical Upside Catalyst

With valuations at fair levels and the potential for an earnings revision cycle driven by capex recovery and policy tailwinds, the strategy is well-positioned to capitalize on cyclical upside while managing downside risks through its quality bias.

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 Gr

Benchmark Index

Benchmark Performance Comparison

Kotak Active Momentum Fund

NIFTY 50

Given the product’s limited performance history, the assessment considers the fund house’s track record and the historical performance of comparable strategies managed by the same fund house, which follow similar investment approaches. Such comparisons provide historical context only and do not represent the performance of the new product or indicate its future returns.

Risk Profile

Standard Deviation19.5%

Sharpe Ratio0.10

Detailed Risks

Market Risk

Potential recession risks amid slowing global growth could trigger demand contraction, mitigated by sector diversification.

Liquidity Risk

High mid-cap exposure risks liquidity stress during volatility spikes, mitigated by large-cap buffer.

Concentration Risk

Concentrated sector exposures face idiosyncratic risks like regulatory changes, mitigated by diversification across sectors.

Specific Strategy Risk

Holdings face execution risks from competitive pressures or policy shifts, mitigated by rigorous monitoring.

Strategy Details

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

Core Investment Theme

Captures momentum across market caps and sectors. This dynamic approach rotates capital into stocks exhibiting strong relative strength, aiming to ride secular growth trends. The impact is a portfolio positioned in leaders across different cycles, creating the potential for outsized returns by participating in sustained moves.

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 the potential for capex revival and improving credit growth, presents an opportune 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 warrant monitoring.

Why This Strategy is Attractive Now

The strategy seems well-aligned with the current environment, offering exposure to consumer cyclicals, defensives, financials, and technology. Its holdings comprise market leaders across autos, retail, banking, and IT, while maintaining a balanced, risk-adjusted profile with moderate beta and diversification across approximately 70 holdings. This positioning could allow the strategy to participate in the normalization upside while providing resilience through an all-weather, flexible approach.

Investment Style & Process

Investment Style

The portfolio exhibits characteristics of a Quality Growth strategy, emphasizing companies with durable competitive advantages, robust profitability, and consistent earnings growth across market cycles.

Why it Makes Sense

In the current environment of moderating economic growth and elevated uncertainty, a focus on quality businesses with pricing power, efficient capital allocation, and resilient cash flows could offer downside protection while participating in secular growth opportunities.

High-Level Investment Process

Sourcing: The strategy appears to source investment ideas through a bottom-up, fundamental research process, evaluating companies based on qualitative factors such as competitive positioning, management execution, and growth runway. Selection: The selection process suggests a preference for companies with sustainable competitive advantages, strong balance sheets, high returns on invested capital, and attractive reinvestment opportunities to compound shareholder wealth over an extended horizon. Construction: Portfolio construction is consistent with a focus on risk management through diversification across sectors and market capitalization segments while maintaining an active share and allowing high-conviction ideas to emerge as significant portfolio weights.

Portfolio Holdings Overview

SectoralAllocation

Services12.27%

Energy & Infra3.48%

Capital Goods38.72%

Financial Services17.74%

Utilities3.6%

Technology2.58%

Consumers21.61%

Geographic Allocation

Domestic100%

Top Stock Holdings

CompanySectorAllocation

Laurus Labs LtdServices4.26%

Triparty RepoUtilities3.52%

Sona BLW Precision Forgings LtdConsumers2.94%

Bharat Forge LtdCapital Goods2.86%

Apar Industries LtdCapital Goods2.72%

Aurobindo Pharma LtdServices2.67%

Bharat Heavy Electricals LtdCapital Goods2.63%

National Aluminium Co LtdCapital Goods2.58%

GE Vernova T&D India LtdCapital Goods2.57%

Aegis Logistics LtdEnergy & Infra2.55%

Fund House Management

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

Fund Manager Track Record

Abhishek Bisen

Lead Portfolio Manager

Mr. Abhishek Bisen has experience of 23 years. Manages 468 funds at Kotak Mahindra Asset Management Co Ltd with an AUM of approximately ₹78,491 Cr Holds a M.B.A. degree.

Rohit Tandon

Co-Portfolio Manager

Mr. Rohit Tandon has experience of 22 years. Manages 51 funds at Kotak Mahindra Asset Management Co Ltd with an AUM of approximately ₹19,355 Cr

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.

45 years

Combined Team Experience

₹ 97,846 Cr

Assets Under Management

Firm Overview

AMCKotak Mahindra Asset Management Co Ltd

Total AUM₹5,80,249.31 Cr

Investment Professionals49+

Global Offices250 Cities

Investment Philosophy & Approach

Disciplined Approach

Kotak employs a disciplined investment approach focused on active momentum strategies.

Risk Management

Rigorous risk management framework underpins portfolio construction and capital allocation decisions.

Long-Term Mindset

Kotak maintains a long-term perspective, emphasizing sustainable value creation for investors.

Operational & Regulatory Details

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

Costs and Fees

Total Expense Ratio (TER)2.63%

Regulatory & Tax Information

INF174KA1XD8

ISIN

DailyDealing Frequency

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

STCG | <1Year 20%%

Tax Implications (India)