Kotak India EQ Contra Fund Direct Growth

Fund Overview

Fund Size

₹5,196 Cr

Expense Ratio

0.80%

ISIN

INF174K01KZ9

Minimum SIP

₹100

Exit Load

1.00%

Inception Date

01 Jan 2013

About this fund

Kotak India EQ Contra Fund Direct Growth is a Contra mutual fund schemes offered by Kotak Mahindra Mutual Fund. This fund has been in existence for 13 years, 9 months and 22 days, having been launched on 01-Jan-13.
As of 22-Oct-26, it has a Net Asset Value (NAV) of ₹170.33, Assets Under Management (AUM) of 5196.35 Crores, and an expense ratio of 0.8%.

Kotak India EQ Contra Fund Direct Growth has given a CAGR return of 15.45% since inception.
The fund's asset allocation comprises around 98.95% in equities, 0.00% in debts, and 1.05% in cash & cash equivalents.
You can start investing in Kotak India EQ Contra Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

-7.28%

— (Cat Avg.)

3 Years

+12.96%

+12.42% (Cat Avg.)

5 Years

+12.26%

+10.98% (Cat Avg.)

10 Years

+15.49%

+13.21% (Cat Avg.)

Since Inception

+15.45%

— (Cat Avg.)

Portfolio Summaryas of 30th September 2026

Equity	₹5,141.68 Cr	98.95%
Others	₹54.67 Cr	1.05%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
ICICI Bank Ltd	Equity	₹308.36 Cr	5.93%
HDFC Bank Ltd	Equity	₹263.06 Cr	5.06%
State Bank of India	Equity	₹168.1 Cr	3.24%
Reliance Industries Ltd	Equity	₹140.26 Cr	2.70%
Hero MotoCorp Ltd	Equity	₹138.73 Cr	2.67%
Shriram Finance Ltd	Equity	₹131.42 Cr	2.53%
Larsen & Toubro Ltd	Equity	₹129.93 Cr	2.50%
NTPC Ltd	Equity	₹127.65 Cr	2.46%
Bharti Airtel Ltd	Equity	₹126 Cr	2.42%
Swiggy Ltd	Equity	₹117.53 Cr	2.26%
Tech Mahindra Ltd	Equity	₹109.27 Cr	2.10%
Poonawalla Fincorp Ltd	Equity	₹108.82 Cr	2.09%
Mphasis Ltd	Equity	₹103.77 Cr	2.00%
Fortis Healthcare Ltd	Equity	₹102.84 Cr	1.98%
Maruti Suzuki India Ltd	Equity	₹101.72 Cr	1.96%
Indo MIM Ltd	Equity	₹100.27 Cr	1.93%
UltraTech Cement Ltd	Equity	₹96.03 Cr	1.85%
Infosys Ltd	Equity	₹95.34 Cr	1.83%
Park Medi World Ltd	Equity	₹92.16 Cr	1.77%
Sun Pharmaceuticals Industries Ltd	Equity	₹88.47 Cr	1.70%
Indus Towers Ltd Ordinary Shares	Equity	₹88.45 Cr	1.70%
Ipca Laboratories Ltd	Equity	₹87.34 Cr	1.68%
Indian Bank	Equity	₹84.76 Cr	1.63%
Triparty Repo	Cash - Repurchase Agreement	₹78.4 Cr	1.51%
Bharat Electronics Ltd	Equity	₹77.93 Cr	1.50%
Jammu & Kashmir Bank Ltd	Equity	₹77.85 Cr	1.50%
Bajaj Finance Ltd	Equity	₹77.5 Cr	1.49%
Axis Bank Ltd	Equity	₹76.99 Cr	1.48%
Piramal Finance Ltd	Equity	₹74.67 Cr	1.44%
IndusInd Bank Ltd	Equity	₹74.37 Cr	1.43%
Schaeffler India Ltd	Equity	₹73.55 Cr	1.42%
Jindal Steel Ltd	Equity	₹71.84 Cr	1.38%
V-Guard Industries Ltd	Equity	₹69.37 Cr	1.33%
InterGlobe Aviation Ltd	Equity	₹68.43 Cr	1.32%
Bank of Maharashtra	Equity	₹68.35 Cr	1.32%
Molbio Diagnostics Ltd	Equity	₹68.01 Cr	1.31%
SRF Ltd	Equity	₹67.46 Cr	1.30%
Dalmia Bharat Ltd	Equity	₹66.36 Cr	1.28%
Astra Microwave Products Ltd	Equity	₹66.16 Cr	1.27%
Ajanta Pharma Ltd	Equity	₹61.99 Cr	1.19%
Kalpataru Projects International Ltd	Equity	₹61.6 Cr	1.19%
GE Vernova T&D India Ltd	Equity	₹61.57 Cr	1.18%
Ashok Leyland Ltd	Equity	₹57.67 Cr	1.11%
Metropolis Healthcare Ltd	Equity	₹57.01 Cr	1.10%
Tata Steel Ltd	Equity	₹56.95 Cr	1.10%
UNO Minda Ltd	Equity	₹55.81 Cr	1.07%
KEI Industries Ltd	Equity	₹55.24 Cr	1.06%
Century Plyboards (India) Ltd	Equity	₹54.34 Cr	1.05%
DLF Ltd	Equity	₹54.26 Cr	1.04%
Radico Khaitan Ltd	Equity	₹53.15 Cr	1.02%
Tenneco Clean Air India Ltd	Equity	₹50.67 Cr	0.98%
Pine Labs Ltd	Equity	₹50.59 Cr	0.97%
Godrej Consumer Products Ltd	Equity	₹49.3 Cr	0.95%
Viyash Scientific Ltd	Equity	₹46.61 Cr	0.90%
SBI Funds Management Ltd	Equity	₹45.06 Cr	0.87%
Hindalco Industries Ltd	Equity	₹41.44 Cr	0.80%
AXISCADES Technologies Ltd	Equity	₹35.47 Cr	0.68%
The South Indian Bank Ltd	Equity	₹34.73 Cr	0.67%
Vishal Mega Mart Ltd	Equity	₹34.37 Cr	0.66%
L&T Finance Ltd	Equity	₹33.57 Cr	0.65%
Global Health Ltd	Equity	₹29.79 Cr	0.57%
ITC Ltd	Equity	₹28.85 Cr	0.56%
Net Current Assets/(Liabilities)	Cash	₹-23.73 Cr	0.46%
Lumino Industries Ltd	Equity	₹22.72 Cr	0.44%
National Stock Exchange of India Ltd	Equity	₹19.8 Cr	0.38%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹1,647.42 Cr	31.70%
Industrials	₹807.66 Cr	15.54%
Healthcare	₹634.22 Cr	12.21%
Consumer Cyclical	₹572.37 Cr	11.01%
Technology	₹425.13 Cr	8.18%
Basic Materials	₹386.96 Cr	7.45%
Communication Services	₹214.45 Cr	4.13%
Energy	₹140.26 Cr	2.70%
Consumer Defensive	₹131.3 Cr	2.53%
Utilities	₹127.65 Cr	2.46%
Real Estate	₹54.26 Cr	1.04%

Risk & Performance Ratios

Fund Managers

Shibani Kurian

Since May 2019

Additional Scheme Detailsas of 30th September 2026

ISIN

INF174K01KZ9

Expense Ratio

0.80%

Exit Load

1.00%

Fund Size

₹5,196 Cr

Age

13 years 9 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

Nifty 500 TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Contra Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
ICICI Prudential Contra Fund Direct Growth Very High Risk	-	1.0%	-	-
ICICI Prudential Contra Fund Regular Growth Very High Risk	-	1.0%	-	-
Bandhan Contra Fund Direct Growth Very High Risk	5.6%	0.0%	₹1711.91 Cr	-
Bandhan Contra Fund Regular Growth Very High Risk	7.2%	0.0%	₹1711.91 Cr	-
Motilal Oswal Contra Fund Regular Growth Very High Risk	3.9%	1.0%	₹407.32 Cr	-
Motilal Oswal Contra Fund Direct Growth Very High Risk	2.3%	1.0%	₹407.32 Cr	-
Invesco India Contra Fund Regular Growth Very High Risk	1.9%	1.0%	₹19248.29 Cr	-8.3%
SBI Contra Fund Direct Growth Very High Risk	0.9%	0.0%	₹45067.51 Cr	-7.5%
Invesco India Contra Fund Direct Growth Very High Risk	0.8%	1.0%	₹19248.29 Cr	-7.3%
Kotak India EQ Contra Fund Direct Growth Very High Risk	0.8%	1.0%	₹5196.35 Cr	-7.3%
Kotak India EQ Contra Fund Regular Growth Very High Risk	2.0%	1.0%	₹5196.35 Cr	-8.4%
SBI Contra Fund Regular Growth Very High Risk	1.6%	0.0%	₹45067.51 Cr	-8.2%

About the AMC

Kotak Mahindra Mutual Fund

+91 22 61152100

https://www.kotakmf.com/

Total AUM

₹6,46,073 Cr

Address

2nd Floor, 12-BKC, Plot No C-12, Mumbai, 400 051

Other Funds by Kotak Mahindra Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Kotak Nifty 500 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
Kotak Nifty Capital Markets Index Fund Direct Growth Very High Risk	-	0.0%	-	-
Kotak Multi Sector Omni FOF Direct Growth Very High Risk	-	0.0%	₹21.34 Cr	-
Kotak Nifty Bank Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹6.92 Cr	-
Kotak Diversified Equity All Cap Omni FOF Direct Growth Low Risk	0.1%	0.0%	₹516.63 Cr	-
Infinity Hybrid Long-Short Fund Direct Growth Low to Moderate Risk	2.1%	0.0%	-	-
Kotak Nifty Alpha Low-Volatility 30 Index Fund Direct Growth Very High Risk	1.3%	0.0%	₹7.16 Cr	-
Kotak Multi Asset Active FOF Direct Growth Very High Risk	0.3%	1.0%	₹78.65 Cr	-
Kotak Quality Overseas Equity Omni FOF Direct Growth Very High Risk	0.5%	1.0%	₹404.36 Cr	-
Kotak Multi Factor Passive FOF Direct Growth Very High Risk	0.2%	0.0%	₹151.29 Cr	-
Kotak Services Fund Direct Growth Very High Risk	1.3%	0.0%	₹710.88 Cr	-
Kotak Nifty200 Value 30 Index Fund Direct Growth Very High Risk	1.1%	0.0%	₹12.94 Cr	-
Kotak Dividend Yield Fund Direct Growth Very High Risk	1.1%	1.0%	₹272.83 Cr	-
Kotak Nifty500 Momentum 50 Index Fund Direct Growth Very High Risk	0.8%	0.0%	₹26.53 Cr	-
Kotak Rural Opportunities Fund Direct Growth Very High Risk	0.9%	0.0%	₹707.58 Cr	-
Kotak Gold Silver Passive FOF Direct Growth Very High Risk	0.2%	0.0%	₹1104.32 Cr	-
Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1105.74 Cr	6.0%
Kotak Active Momentum Fund Direct Growth Very High Risk	1.7%	0.0%	₹1590.18 Cr	-1.3%
Kotak Nifty Alpha 50 Index Fund Direct Growth Very High Risk	0.8%	0.0%	₹55.37 Cr	-1.7%
Kotak Nifty AAA Bond Financial Services Mar 2028 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹286.49 Cr	5.0%
Kotak Nifty 200 Quality 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹16.39 Cr	-9.2%
Kotak Nifty Top 10 Equal Weight Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹37.47 Cr	-14.5%
Kotak Energy Opportunities Fund Direct Growth Very High Risk	1.1%	0.0%	₹264.49 Cr	-4.2%
Kotak Nifty Midcap 150 Index Fund Regular Growth Very High Risk	0.4%	0.0%	₹46.05 Cr	-3.9%
Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹236.47 Cr	6.5%
Kotak Nifty Commodities Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹283.32 Cr	-2.8%
Kotak CRISIL-IBX AAA Bond Financial Services Index - Dec 2026 Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹89.84 Cr	6.6%
Kotak BSE Sensex Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹24.74 Cr	-12.5%
Kotak Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹86.57 Cr	-1.8%
Kotak Nifty 100 Equal Weight Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹47.64 Cr	-4.5%
Kotak Nifty 50 Equal Weight Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹71.49 Cr	-6.6%
Kotak Transportation & Logistics Fund Direct Growth Very High Risk	1.1%	0.0%	₹544.55 Cr	-1.6%
Kotak MNC Fund Direct Growth Very High Risk	0.9%	0.0%	₹2246.36 Cr	7.5%
Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth Very High Risk	0.7%	0.0%	₹446.51 Cr	-6.7%
Kotak Nifty India Tourism Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹36.52 Cr	-17.5%
Kotak Crisil-IBX AAA Financial Services Index - Sep 2027 Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹606.31 Cr	5.6%
Kotak Nifty Midcap 50 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹82.87 Cr	-2.2%
Kotak BSE PSU Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹75.62 Cr	-4.0%
Kotak Special Opportunities Fund Direct Growth Very High Risk	1.0%	0.0%	₹1920.37 Cr	7.1%
Kotak Nifty 100 Low Volatility 30 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹102.18 Cr	-10.2%
Kotak Fixed Maturity Plan Series 330 - 98 Days Direct Growth Low Risk	-	0.0%	-	-
Kotak Nifty AAA Bond Jun 2025 HTM Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹102.05 Cr	7.5%
Kotak Fixed Maturity Plan Series 329 - 90 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Long Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹48.86 Cr	-1.5%
Kotak Technology Fund Direct Growth Very High Risk	1.1%	0.0%	₹478.86 Cr	-5.4%
Kotak Fixed Maturity Plan Series 328 - 90 Days Direct Growth Moderate Risk	-	0.0%	₹144.91 Cr	-
Kotak FMP Series 327 Direct Growth Moderately High risk	-	0.0%	₹206.03 Cr	-
Kotak FMP Series 326 - 175 Days Direct Growth Moderate Risk	-	-	-	-
Kotak FMP Series 325 - 90 Days Direct Growth Moderate Risk	-	0.0%	-	-
Kotak FMP Series 324 - 109 Days Direct Growth Moderately High risk	-	0.0%	-	-

Risk Level

Your principal amount will be at Very High Risk

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What is the current NAV of Kotak India EQ Contra Fund Direct Growth?

The NAV of Kotak India EQ Contra Fund Direct Growth, as of 22-Oct-2026, is ₹170.33.

What are the returns of Kotak India EQ Contra Fund Direct Growth?

The fund has generated -7.28% over the last 1 year and 12.96% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Kotak India EQ Contra Fund Direct Growth?

The fund's allocation of assets is distributed as 98.95% in equities, 0.00% in bonds, and 1.05% in cash and cash equivalents.

Who manages the Kotak India EQ Contra Fund Direct Growth?

The fund managers responsible for Kotak India EQ Contra Fund Direct Growth are:-

Shibani Kurian

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Kotak India EQ Contra Fund Direct Growth

Fund Overview