The fund, which was launched on July 16, 2019, has completed seven years. Its regular growth plan delivered a CAGR of 14.93% since inception as of May 29, 2026.
The scheme’s direct plan growth option was also launched on the same date.
However, past performance does not guarantee future returns, and equity mutual fund returns can fluctuate depending on market conditions.
Kotak Focused Fund performance
Since inception, the fund’s regular growth plan generated 14.93% returns, compared with 12.04% delivered by its Tier-1 benchmark, the Nifty 500 TRI. This translates into an outperformance, or alpha, of nearly 2.9 percentage points over the benchmark during the period.
Over shorter periods, the fund delivered 6.85% returns in the last one year, while the Nifty 500 TRI returned 0.28% during the same period.
| Period | Kotak Focused Fund – Regular Growth | Nifty 500 TRI (Tier 1) |
| Since inception | 14.93% | 12.04% |
| Last 1 year | 6.85% | 0.28% |
| Last 3 years | 15.16% | 9.54% |
| Last 5 years | 12.95% | 9.88% |
What is a focused fund?
Kotak Focused Fund is an open-ended equity scheme that invests in a concentrated portfolio of up to 30 stocks across large-cap, mid-cap and small-cap segments.
Unlike diversified equity funds that typically hold a larger number of stocks, focused funds aim to generate returns by investing in a select set of companies. Fund managers generally look at factors such as business quality, valuations and growth prospects while building the portfolio.
A concentrated portfolio can help investors benefit when selected stocks perform well. However, it can also increase volatility if some of the key holdings underperform.
Kotak Focused Fund portfolio
As of May 31, 2026, the fund’s top holdings included HDFC Bank (5.80% of net assets), ICICI Bank (5.51%), Bharti Airtel (4.79%), Shriram Finance (4.66%) and State Bank of India (4.39%).
Other major holdings included Eternal Ltd (4.20%), Reliance Industries (4.05%), KEI Industries (3.91%), Fortis Healthcare India (3.87%) and Bharat Electronics (3.60%).
The scheme had assets under management (AUM) of ₹4,298 crore as of June 30, 2026, and is managed by Shibani Kurian.
What investors should consider
Focused funds may suit investors who are comfortable with higher portfolio concentration and equity market volatility. While a smaller portfolio of stocks can potentially boost returns when investments perform well, it can also lead to sharper declines during periods when key holdings face challenges.
Investors should consider factors such as their risk appetite, investment horizon and overall asset allocation before investing. Mutual fund returns are market-linked, and there are no assured or guaranteed returns.
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