Kotak Business Cycle Fund
Monthly portfolio · 3 months through May-2026
compared to Apr-2026 · as on 31-May-2026
Holdings
50
Scheme AUM
₹3,135 cr
New
1
Exited
2
Increased
1
Reduced
1
| Change | Security | Industry / Rating | Quantity | Δ Qty | % to NAV | Δ % | Market value |
|---|---|---|---|---|---|---|---|
| — | ICICI BANK LTD. INE090A01021 | Banks | 19,85,000 | — | 7.96% | -0.22pp | ₹249 cr |
| — | ADITYA INFOTECH LIMITED INE819V01029 | Industrial Manufacturing | 5,09,134 | — | 4.72% | +0.86pp | ₹148 cr |
| — | AXIS BANK LTD. INE238A01034 | Banks | 10,20,975 | — | 4.19% | -0.04pp | ₹131 cr |
| — | ASTER DM HEALTHCARE LTD INE914M01019 | Healthcare Services | 16,69,525 | — | 3.88% | +0.06pp | ₹122 cr |
| — | KRISHNA INSTITUTE OF MEDICAL INE967H01025 | Healthcare Services | 14,78,422 | — | 3.58% | +0.36pp | ₹112 cr |
| — | ETERNAL LIMITED INE758T01015 | Retailing | 40,17,073 | — | 3.21% | -0.03pp | ₹101 cr |
| Reduced | VIJAYA DIAGNOSTIC CENTRE PVT INE043W01024 | Healthcare Services | 7,37,748 | -19 | 3.08% | +0.36pp | ₹96.53 cr |
| — | BHARTI HEXACOM LTD. INE343G01021 | Telecom - Services | 6,31,828 | — | 3.01% | -0.12pp | ₹94.49 cr |
| — | HDFC BANK LTD. INE040A01034 | Banks | 11,10,000 | — | 2.64% | -0.16pp | ₹82.65 cr |
| — | SHRIRAM FINANCE LIMITED INE721A01047 | Finance | 8,60,663 | — | 2.60% | -0.03pp | ₹81.52 cr |
| — | Maruti Suzuki India Limited INE585B01010 | Automobiles | 59,694 | — | 2.50% | -0.09pp | ₹78.36 cr |
| Increased | VISHAL MEGA MART LIMITED INE01EA01019 | Retailing | 62,63,421 | +16,600 | 2.43% | -0.06pp | ₹76.27 cr |
| — | 360 ONE WAM LIMITED INE466L01038 | Capital Markets | 6,59,896 | — | 2.33% | +0.10pp | ₹72.89 cr |
| New | LENSKART SOLUTIONS LIMITED INE956O01016 | Retailing | 13,54,975 | — | 2.26% | — | ₹70.98 cr |
| — | GODREJ CONSUMER PRODUCTS LTD. INE102D01028 | Personal Products | 6,52,244 | — | 2.14% | -0.13pp | ₹67.14 cr |
| — | Century Plyboards (India) Ltd. INE348B01021 | Consumer Durables | 8,53,571 | — | 2.11% | -0.11pp | ₹66.01 cr |
| — | Mahindra & Mahindra Ltd. INE101A01026 | Automobiles | 2,15,000 | — | 2.09% | -0.08pp | ₹65.48 cr |
| — | INDIAN BANK INE562A01011 | Banks | 7,81,780 | — | 2.08% | -0.09pp | ₹65.12 cr |
| — | Avenue Supermarts Ltd INE192R01011 | Retailing | 1,53,628 | — | 1.99% | -0.31pp | ₹62.29 cr |
| — | ICICI Lombard General Insurance Company Ltd INE765G01017 | Insurance | 3,46,300 | — | 1.98% | -0.01pp | ₹62.06 cr |
| — | SBI Life Insurance Company Ltd INE123W01016 | Insurance | 3,32,918 | — | 1.94% | -0.04pp | ₹60.93 cr |
| — | Ultratech Cement Ltd. INE481G01011 | Cement and Cement Products | 52,000 | — | 1.90% | -0.07pp | ₹59.71 cr |
| — | Infosys Ltd. INE009A01021 | IT - Software | 4,77,899 | — | 1.77% | -0.07pp | ₹55.48 cr |
| — | Mphasis Ltd INE356A01018 | IT - Software | 2,30,914 | — | 1.67% | -0.05pp | ₹52.45 cr |
| — | KALPATARU PROJECTS INTERNATIONAL LIMITED INE220B01022 | Construction | 3,91,038 | — | 1.63% | +0.03pp | ₹51.03 cr |
| — | MANKIND PHARMA LTD INE634S01028 | Pharmaceuticals and Biotechnology | 2,01,358 | — | 1.53% | +0.05pp | ₹47.83 cr |
| — | RELIANCE INDUSTRIES LTD. INE002A01018 | Petroleum Products | 3,55,000 | — | 1.50% | -0.16pp | ₹46.9 cr |
| — | Oberoi Realty Limited INE093I01010 | Realty | 2,69,297 | — | 1.47% | — | ₹45.97 cr |
| — | United Spirits Ltd INE854D01024 | Beverages | 3,44,778 | — | 1.40% | -0.09pp | ₹43.79 cr |
| — | Minda Industries Ltd. INE405E01023 | Auto Components | 3,88,862 | — | 1.37% | -0.04pp | ₹42.84 cr |
| — | NTPC LTD INE733E01010 | Power | 11,01,362 | — | 1.36% | -0.07pp | ₹42.61 cr |
| — | BRIGADE ENTERPRISES LIMITED INE791I01019 | Realty | 6,24,574 | — | 1.30% | -0.31pp | ₹40.74 cr |
| — | HAPPY FORGINGS LTD INE330T01021 | Industrial Products | 2,91,700 | — | 1.29% | +0.01pp | ₹40.47 cr |
| — | SAGILITY INDIA LTD. INE0W2G01015 | IT - Services | 94,23,945 | — | 1.23% | -0.05pp | ₹38.68 cr |
| — | APTUS VALUE HOUSING FINANCE INE852O01025 | Finance | 14,73,705 | — | 1.22% | -0.03pp | ₹38.36 cr |
| — | ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LTD. INE346A01027 | Capital Markets | 1,08,372 | — | 1.22% | +0.06pp | ₹38.35 cr |
| — | MAHINDRA LIFESPACE DEVELOPERS LTD INE813A01018 | Realty | 10,69,070 | — | 1.13% | -0.06pp | ₹35.57 cr |
| — | HEXAWARE TECHNOLOGIES LTD. INE093A01041 | IT - Software | 6,87,690 | — | 1.11% | +0.11pp | ₹34.93 cr |
| — | LG ELECTRONICS INDIA LTD. INE324D01010 | Consumer Durables | 2,26,564 | — | 1.10% | -0.08pp | ₹34.53 cr |
| — | TVS Motor Company Ltd. INE494B01023 | Automobiles | 95,693 | — | 1.02% | -0.07pp | ₹32.11 cr |
| — | JUBILANT INGREVIA LTD. INE0BY001018 | Chemicals and Petrochemicals | 4,92,267 | — | 1.01% | -0.14pp | ₹31.81 cr |
| — | TENNECO CLEAN AIR INDIA LIMITED INE19RI01016 | Auto Components | 5,03,755 | — | 0.95% | -0.07pp | ₹29.64 cr |
| — | CMS INFO SYSTEMS LIMITED INE925R01014 | Commercial Services and Supplies | 8,74,072 | — | 0.85% | +0.02pp | ₹26.62 cr |
| — | Hindustan Aeronautics Ltd. INE066F01020 | Aerospace and Defense | 60,000 | — | 0.82% | -0.03pp | ₹25.82 cr |
| — | ITC Ltd. INE154A01025 | Diversified FMCG | 9,00,000 | — | 0.82% | -0.10pp | ₹25.82 cr |
| — | MEDI ASSIST HEALTHCARE SERVICES LIMITED INE456Z01021 | Insurance | 6,46,072 | — | 0.76% | +0.03pp | ₹23.81 cr |
| — | Tech Mahindra Ltd. INE669C01036 | IT - Software | 1,60,000 | — | 0.76% | -0.01pp | ₹23.74 cr |
| — | BRAINBEES SOLUTIONS LIMITED INE02RE01045 | Retailing | 5,69,911 | — | 0.41% | -0.03pp | ₹12.85 cr |
| — | MALCO ENERGY LIMITED** DU3205A01025 | Power | 8,00,000 | — | 0.31% | -0.01pp | ₹9.68 cr |
| — | WESTERN CARRIERS (INDIA) LTD INE0CJF01024 | Transport Services | 9,98,238 | — | 0.31% | -0.02pp | ₹9.68 cr |
| Exited | VEDANTA LTD. INE205A01025 | Diversified Metals | — | -8,00,000 | — | -0.71pp | — |
| Exited | BANSAL WIRE INDUSTRIES LIMITED INE0B9K01025 | Industrial Products | — | -6,99,947 | — | -0.68pp | — |
Cash & other
| VEDANTA ALUMINIUM METAL LTD** | 0.31% | ₹9.68 cr |
| VEDANTA IRON & STEEL LTD** | 0.31% | ₹9.68 cr |
| TALWANDI SABO POWER LTD.** | 0.31% | ₹9.68 cr |
| Triparty Repo | 3.55% | ₹111 cr |
| Net Current Assets/(Liabilities) | -0.42% | ₹-13.36 cr |