Kotak Contra Fund - Direct Plan - Growth

NAVs of 8 Nov 2026

Kotak Mahindra Mutual Fund · Equity fund · Direct plan · Growth

ContraDirect · GrowthRisk: Very High

NAV · 6 Nov 2026

₹182.6320 ▲ 0.62%

Kotak Mahindra Mutual Fund

Fund size₹5,428 crJuly - September 2026

1-month range₹167.44 – 182.63

1 year+0.50%rank 2 of 3

Expense ratio0.78%direct plan, a year

5 years+14.15%a year

What the fund does

The investment objective of the Scheme is to generate capital appreciation from a diversified portfolio of equity and equity related instruments.The Scheme will invest in stocks of companies, which are fundamentally sound but are undervalued.Undervalued stocks are stocks of those companies whose true long term potential is not yet recognised by the market. At times, the broad market takes time to appreciate the long-term potential of some fundamentally sound companies. Stocks of such companies are traded at prices below their intrinsic value and are regarded as undervalued stocks.We believe that, over a period of time, the price of a stock reflects the intrinsic value of the underlying company. Thus, the moving up of the price of the undervalued stock towards its intrinsic value will help us generate capital appreciation for investors.There is no assurance that the investment objective of the Scheme will be achieved.

BenchmarkNifty 500 TRI

Launched27 Jul 2005

Fund houseKotak Mahindra Mutual Fund

Fund managersMs.Shibani Kurian

NAV history

Returns

1 week

+7.07%avg 6.2%

1 month

+4.28%avg 5.1%

3 months

-2.41%avg -1.4%

6 months

+1.54%avg 2.0%

This year

-1.89%avg -2.4%

1 year

+0.50%avg -0.4% · #2/3

3 years (a year)

+15.68%avg 14.5% · #2/3

5 years (a year)

+14.15%avg 14.0% · #2/3

Bars: this plan; the thin mark is the Contra average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												-1.5
2025	-5.2	-7.7	+7.4	+1.8	+4.7	+4.1	-2.0	-0.9	+1.0	+4.1	+1.2	+0.6
2026	-2.4	+1.4	-12.0	+8.8	-0.1	+2.8	+1.8	+0.8	-6.0	-2.4	+7.1

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Stocks held6365 lines in all

Top 10 stocks31.8%of the fund

Short positions-0.5%sold through derivatives

Net equity98.5%long stocks and derivatives minus shorts

Where the money is

Equity 99.0%Cash & others 1.1%Short -0.5%

Sectors (stocks held)

Banks

22.3%

Finance

8.2%

IT - Software

5.9%

Pharmaceuticals and Biotechnology

5.5%

Healthcare Services

5.4%

Automobiles

4.6%

Telecom - Services

4.1%

Construction

3.7%

Stocks held 63

Holding	Sector / type	% of fund
ICICI BANK LTD. INE090A01021	Banks	5.93%
HDFC BANK LTD. INE040A01034	Banks	5.06%
STATE BANK OF INDIA. INE062A01020	Banks	3.24%
RELIANCE INDUSTRIES LTD. INE002A01018	Petroleum Products	2.70%
Hero MotoCorp Ltd. INE158A01026	Automobiles	2.67%
SHRIRAM FINANCE LIMITED INE721A01047	Finance	2.53%
Larsen and Toubro Ltd. INE018A01030	Construction	2.50%
NTPC LTD INE733E01010	Power	2.46%
BHARTI AIRTEL LTD. INE397D01024	Telecom - Services	2.42%
SWIGGY LTD INE00H001014	Retailing	2.26%
Tech Mahindra Ltd. INE669C01036	IT - Software	2.10%
POONAWALLA FINCORP LIMITED INE511C01022	Finance	2.09%
Mphasis Ltd INE356A01018	IT - Software	2.00%
Fortis Healthcare India Ltd INE061F01013	Healthcare Services	1.98%
Maruti Suzuki India Limited INE585B01010	Automobiles	1.96%
INDO-MIM LTD INE084101034	Industrial Manufacturing	1.93%
Ultratech Cement Ltd. INE481G01011	Cement and Cement Products	1.85%
Infosys Ltd. INE009A01021	IT - Software	1.83%
PARK MEDI WORLD LIMITED (PARK HOSPITAL) INE119201023	Healthcare Services	1.77%
SUN PHARMACEUTICAL INDUSTRIES LTD. INE044A01036	Pharmaceuticals and Biotechnology	1.70%
Indus Towers Ltd. INE121J01017	Telecom - Services	1.70%
IPCA Laboratories Ltd. INE571A01038	Pharmaceuticals and Biotechnology	1.68%
INDIAN BANK INE562A01011	Banks	1.63%
Bharat Electronics Ltd. INE263A01024	Aerospace and Defense	1.50%
JAMMU KASHMIR BANK LTD INE168A01041	Banks	1.50%
BAJAJ FINANCE LTD. INE296A01032	Finance	1.49%
AXIS BANK LTD. INE238A01034	Banks	1.48%
PIRAMAL FINANCE LTD INE202B01038	Finance	1.44%
INDUSIND BANK LTD. INE095A01012	Banks	1.43%
Schaeffler India Ltd INE513A01022	Auto Components	1.42%
Jindal Steel & Power Ltd INE749A01030	Ferrous Metals	1.38%
V-Guard Industries Ltd. INE951I01027	Consumer Durables	1.33%
Inter Globe Aviation Ltd INE646L01027	Transport Services	1.32%
BANK OF MAHARASHTRA INE457A01014	Banks	1.32%
MOLBIO DIAGNOSTICS LIMITED INE869T01028	Healthcare Equipment and Supplies	1.31%
SRF LTD. INE647A01010	Chemicals and Petrochemicals	1.30%
Dalmia Bharat Limited INE00R701025	Cement and Cement Products	1.28%
ASTRA MICROWAVE PRODUCTS LTD. INE386C01029	Aerospace and Defense	1.27%
Ajanta Pharma Ltd. INE031B01049	Pharmaceuticals and Biotechnology	1.19%
KALPATARU PROJECTS INTERNATIONAL LIMITED INE220B01022	Construction	1.19%
GE VERNOVA T&D INDIA LIMITED INE200A01026	Electrical Equipment	1.18%
Ashok Leyland Ltd. INE208A01029	Agricultural, Commercial and Construction Vehicles	1.11%
METROPOLIS HEALTHCARE LTD. INE112L01020	Healthcare Services	1.10%
Tata Steel Ltd. INE081A01020	Ferrous Metals	1.10%
Minda Industries Ltd. INE405E01023	Auto Components	1.07%
KEI Industries Ltd. INE878B01027	Industrial Products	1.06%
Century Plyboards (India) Ltd. INE348B01021	Consumer Durables	1.05%
DLF LIMITED INE271C01023	Realty	1.04%
Radico Khaitan Ltd. INE944F01028	Beverages	1.02%
TENNECO CLEAN AIR INDIA LIMITED INE19RI01016	Auto Components	0.98%
PINE LABS LTD. INE15B701018	Financial Technology (Fintech)	0.97%
GODREJ CONSUMER PRODUCTS LTD. INE102D01028	Personal Products	0.95%
VIYASH SCIENTIFIC LTD INE807F01027	Pharmaceuticals and Biotechnology	0.90%
SBI FUNDS MANAGEMENT LIMITED INE640G01020	Capital Markets	0.87%
Hindalco Industries Ltd. INE038A01020	Non - Ferrous Metals	0.80%
AXISCADES TECHNOLOGIES LTD INE555B01013	Aerospace and Defense	0.68%
SOUTH INDIAN BANK LTD INE683A01023	Banks	0.67%
VISHAL MEGA MART LIMITED INE01EA01019	Retailing	0.66%
L&T FINANCE LTD INE498L01015	Finance	0.65%
Global Health Ltd. INE474Q01031	Healthcare Services	0.57%
ITC Ltd. INE154A01025	Diversified FMCG	0.56%
LUMINO INDUSTRIES LIMITED INE185Q01025	Industrial Products	0.44%
NATIONAL STOCK EXCHANGE OF INDIA LIMITED (NSE) INE721I01024	Capital Markets	0.38%

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Short positions 1

Holding	Sector / type	% of fund
Net Current Assets/(Liabilities)	–	-0.46%

Debt, money market and cash 1

Holding	Sector / type	% of fund
Triparty Repo	–	1.51%

From the fund house's monthly portfolio (kotakmf.com), as on 30 Sept 2026. Percentages are of the fund's net assets; short positions are negative. Published about ten days after each month ends.

Risk

Volatility15.0%yearly, from daily NAVs

Worst fall-29.26%31 Jan 2020 → 31 Mar 2020

RiskometerVery HighVery High

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 May 2016).

Fund details

Fund size (average AUM, July - September 2026)	₹5,428 cr across all plans · this plan ₹2,025 cr
Fund house	Kotak Mahindra Mutual Fund
Category	Equity · Contra
Plan	Direct
Option	Growth
Expense ratio (TER)	Direct 0.78% · Regular 2.02% (3 Nov 2026)
Exit load	For redemption / switch out within 90 days from the date of allotment: 1% If units are redeemed or switched out on or after 90 days from the date of allotment - Nil. Any exit load charged (net off Goods and Services, if any) shall be credited back to the Scheme. Units issued on reinvestment of IDCW shall not be subject to entry and exit load.
Minimum investment	₹100 · additional ₹100
Scheme code (AMFI)	119769
ISIN	INF174K01KZ9
NAV date	6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · IDCW	₹64.9890	+0.50%
Regular · Growth	₹152.3460	-0.74%
Regular · IDCW	₹52.5130	-0.74%

Top Contra funds (direct plans)

Fund	1 year	3 years (a year)
Invesco India Contra Fund	+1.39%	+16.13%
Kotak Contra Fund	+0.50%	+15.68%
SBI CONTRA FUND	-3.17%	+11.84%

All Contra funds ranked › · Compare with others ›

← All mutual funds

Information only, not investment advice.

What is the NAV of Kotak Contra Fund - Direct Plan - Growth today?

₹182.6320 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of Kotak Contra Fund - Direct Plan - Growth?

1 year: 0.50%, 3 years: 15.68% a year, 5 years: 14.15% a year

How does Kotak Contra Fund rank in its category?

2 of 3 Contra funds (direct plans, growth option) by 1-year return.

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.