Kotak Active Momentum Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Portfolio Turnover Ratio : 1.38%. Category average turnover ratio is 153.01%. Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)

Equity Holding : 99.93% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 99.93%

No of Stocks : 50 (Category Avg - 44.44) | Large Cap Investments : 28.43%| Mid Cap Investments : 28.77% | Small Cap Investments : 19.1% | Other : 23.63%

Portfolio Summary (as on 31st Oct,2025)

Particulars	This Scheme	Category
No. of Stocks	50	43.41
Top 5 Stock Weight	16.52%	32.46%
Top 10 Stock Weight	30.19%	49.59%
Top 3 Sector Weight	21.1%	43.5%

Category - Sectoral/Thematic

Particulars	This Scheme	Category
Average mcap (Cr)	34442.84	72450.77
Holdings in large cap stocks	28.43%	37.14%
Holdings in mid cap stocks	28.77%	14.47%
Holdings in small cap stocks	19.1%	13.1%

Category - Sectoral/Thematic

Top 10 Stocks holding in Portfolio (as on 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
BSE Ltd.	Exchange and data platform	507.5	3.64%	0.56%	3.64% (Oct 2025)	0% (Nov 2024)	2.05 L	-2.91 k
One 97 Communications Ltd.	Financial technology (fintech)	489.5	3.51%	0.38%	3.51% (Oct 2025)	0% (Nov 2024)	3.76 L	-7.14 k
Fortis Healthcare Ltd.	Hospital	464.5	3.33%	0.09%	3.33% (Oct 2025)	0% (Nov 2024)	4.54 L	-6.45 k
Muthoot Finance Pvt. Ltd.	Non banking financial company (nbfc)	423.2	3.04%	0.02%	3.04% (Oct 2025)	0% (Nov 2024)	1.33 L	-1.89 k
Radico Khaitan Ltd.	Breweries & distilleries	418	3.00%	0.16%	3% (Oct 2025)	0% (Nov 2024)	1.33 L	-1.90 k
GE T&D India Ltd.	Heavy electrical equipment	404.7	2.90%	-0.01%	2.91% (Sep 2025)	0% (Nov 2024)	1.33 L	-1.89 k
L&T Finance Holdings Ltd.	Investment company	403.5	2.90%	0.16%	2.9% (Oct 2025)	0% (Nov 2024)	14.92 L	-0.21 L
J.K. Cement Ltd.	Cement & cement products	375.8	2.70%	-0.11%	2.81% (Sep 2025)	0% (Nov 2024)	60.48 k	-0.86 k
Eicher Motors Ltd.	2/3 wheelers	373.2	2.68%	-0.07%	2.75% (Sep 2025)	0% (Nov 2024)	53.26 k	-0.76 k
Narayana Hrudayalaya Ltd.	Hospital	347.1	2.49%	-0.04%	2.53% (Sep 2025)	0% (Nov 2024)	1.98 L	-2.80 k

- indicates change in weight in the portfolio. # indicates a new entry.

View complete holding

Complete equity Portfolio (as on 31st Oct,2025)

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Sector
M-Cap

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Stock Invested in	Sector	Sector Total	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty	M-Cap	GroupName
BSE Ltd.	Exchange and data platform	3.64	507.5	3.64%	0.56%	3.64% (Oct 2025)	0% (Nov 2024)	2.05 L	-2.91 k	Small Cap	19.1
One 97 Communications Ltd.	Financial technology (fintech)	3.51	489.5	3.51%	0.38%	3.51% (Oct 2025)	0% (Nov 2024)	3.76 L	-7.14 k	Other	23.63
Fortis Healthcare Ltd.	Hospital	8.01	464.5	3.33%	0.09%	3.33% (Oct 2025)	0% (Nov 2024)	4.54 L	-6.45 k	Other	23.63
Muthoot Finance Pvt. Ltd.	Non banking financial company (nbfc)	3.04	423.2	3.04%	0.02%	3.04% (Oct 2025)	0% (Nov 2024)	1.33 L	-1.89 k	Mid Cap	28.77
Radico Khaitan Ltd.	Breweries & distilleries	4.48	418	3.00%	0.16%	3% (Oct 2025)	0% (Nov 2024)	1.33 L	-1.90 k	Small Cap	19.1
GE T&D India Ltd.	Heavy electrical equipment	2.9	404.7	2.90%	-0.01%	2.91% (Sep 2025)	0% (Nov 2024)	1.33 L	-1.89 k	Small Cap	19.1
L&T Finance Holdings Ltd.	Investment company	2.9	403.5	2.90%	0.16%	2.9% (Oct 2025)	0% (Nov 2024)	14.92 L	-0.21 L	Mid Cap	28.77
J.K. Cement Ltd.	Cement & cement products	4.9	375.8	2.70%	-0.11%	2.81% (Sep 2025)	0% (Nov 2024)	60.48 k	-0.86 k	Small Cap	19.1
Eicher Motors Ltd.	2/3 wheelers	2.68	373.2	2.68%	-0.07%	2.75% (Sep 2025)	0% (Nov 2024)	53.26 k	-0.76 k	Other	23.63
Narayana Hrudayalaya Ltd.	Hospital	8.01	347.1	2.49%	-0.04%	2.53% (Sep 2025)	0% (Nov 2024)	1.98 L	-2.80 k	Small Cap	19.1
National Aluminium Co. Ltd.	Aluminium	2.4	335.2	2.40%	0.14%	2.4% (Oct 2025)	0% (Nov 2024)	14.31 L	-0.20 L	Small Cap	19.1
J S W Steel Ltd.	Iron & steel products	2.31	321.8	2.31%	0.06%	2.31% (Oct 2025)	0% (Nov 2024)	2.67 L	-3.79 k	Large Cap	28.43
Kaynes Technology India Private Ltd.	Industrial products	2.27	316.5	2.27%	-0.18%	2.45% (Sep 2025)	0% (Nov 2024)	47.21 k	-0.67 k	Other	23.63
Dalmia Bharat Ltd.	Cement & cement products	4.9	307.2	2.20%	-0.20%	2.4% (Sep 2025)	0% (Nov 2024)	1.47 L	-2.08 k	Mid Cap	28.77
Global Health Ltd.	Hospital	8.01	304.9	2.19%	-0.06%	2.25% (Sep 2025)	0% (Nov 2024)	2.33 L	-3.30 k	Other	23.63
Canara Bank	Public sector bank	6.08	300.9	2.16%	0.16%	2.16% (Oct 2025)	0% (Nov 2024)	21.97 L	-0.31 L	Other	23.63
Bosch Ltd.	Auto components & equipments	2.13	296.8	2.13%	-0.11%	2.24% (Sep 2025)	0% (Nov 2024)	7.97 k	-0.11 k	Large Cap	28.43
SRF Ltd.	Specialty chemicals	5.49	294.7	2.11%	0.02%	2.11% (Oct 2025)	0% (Nov 2024)	1.01 L	-1.43 k	Mid Cap	28.77
Hindustan Petroleum Corporation Ltd.	Refineries & marketing	5.39	293.4	2.10%	0.09%	2.1% (Oct 2025)	0% (Nov 2024)	6.16 L	-8.75 k	Large Cap	28.43
Union Bank Of India	Public sector bank	6.08	291.7	2.09%	0.09%	2.09% (Oct 2025)	0% (Nov 2024)	19.62 L	-0.28 L	Mid Cap	28.77
Cummins India Ltd.	Compressors, pumps & diesel engines	2.02	281.5	2.02%	0.14%	2.02% (Oct 2025)	0% (Nov 2024)	64.80 k	-0.92 k	Mid Cap	28.77
Dixon Technologies (India) Ltd.	Consumer electronics	2.02	281.4	2.02%	-0.16%	2.18% (Sep 2025)	0% (Nov 2024)	18.16 k	-0.26 k	Other	23.63
Glenmark Pharmaceuticals Ltd.	Pharmaceuticals	7.01	279.1	2.00%	-0.12%	2.12% (Sep 2025)	0% (Nov 2024)	1.48 L	-2.10 k	Mid Cap	28.77
Delhivery Ltd.	Logistics solution provider	1.94	270.5	1.94%	0.01%	1.94% (Oct 2025)	0% (Nov 2024)	5.81 L	-8.24 k	Other	23.63
Ashok Leyland Ltd.	Commercial vehicles	1.92	267.3	1.92%	-0.07%	1.99% (Sep 2025)	0% (Nov 2024)	18.89 L	-0.27 L	Mid Cap	28.77
NMDC LTD	Industrial minerals	1.83	255.3	1.83%	-0.07%	1.9% (Sep 2025)	0% (Nov 2024)	33.68 L	-0.48 L	Mid Cap	28.77
Titan Company Ltd.	Gems, jewellery and watches	1.83	255	1.83%	0.14%	1.83% (Oct 2025)	0% (Nov 2024)	68.05 k	-0.97 k	Large Cap	28.43
Punjab National Bank	Public sector bank	6.08	255	1.83%	0.10%	1.83% (Oct 2025)	0% (Nov 2024)	20.75 L	-0.29 L	Large Cap	28.43
- Gujarat Fluorochemicals Ltd.	Specialty chemicals	5.49	249.2	1.79%	0.00%	1.79% (Oct 2025)	0% (Nov 2024)	66.56 k	0.00	Other	23.63
Abbott India Ltd.	Pharmaceuticals	7.01	248.7	1.78%	-0.07%	1.85% (Sep 2025)	0% (Nov 2024)	8.58 k	-0.12 k	Mid Cap	28.77
Britannia Industries Ltd.	Packaged foods	1.74	243.1	1.74%	-0.10%	1.84% (Sep 2025)	0% (Nov 2024)	41.65 k	-0.59 k	Large Cap	28.43
Hindustan Aeronautics Ltd.	Aerospace & defense	1.74	242.9	1.74%	-0.08%	1.82% (Sep 2025)	0% (Nov 2024)	51.90 k	-0.74 k	Other	23.63
Bharat Petroleum Corporation Ltd.	Refineries & marketing	5.39	241.1	1.73%	0.04%	1.73% (Oct 2025)	0% (Nov 2024)	6.76 L	-9.59 k	Large Cap	28.43
Adani Ports And Special Economic Zone Ltd.	Port & port services	1.72	239.9	1.72%	0.01%	1.72% (Oct 2025)	0% (Nov 2024)	1.65 L	-2.35 k	Large Cap	28.43
KEI Industries Ltd.	Cables - electricals	1.65	230.3	1.65%	-0.06%	1.71% (Sep 2025)	0% (Nov 2024)	57.11 k	-0.81 k	Small Cap	19.1
Wipro Ltd.	Computers - software & consulting	3.97	228.4	1.64%	-0.03%	1.67% (Sep 2025)	0% (Nov 2024)	9.49 L	-0.13 L	Large Cap	28.43
- Lupin Ltd.	Pharmaceuticals	7.01	225.9	1.62%	0.00%	1.62% (Sep 2025)	0% (Nov 2024)	1.15 L	-1.63 k	Large Cap	28.43
Alkem Laboratories Ltd.	Pharmaceuticals	7.01	224.5	1.61%	-0.02%	1.63% (Sep 2025)	0% (Nov 2024)	40.76 k	-0.58 k	Mid Cap	28.77
Pidilite Industries Ltd.	Specialty chemicals	5.49	221	1.59%	-0.05%	1.64% (Sep 2025)	0% (Nov 2024)	1.53 L	-1.08 k	Large Cap	28.43
Indian Oil Corporation Ltd.	Refineries & marketing	5.39	217.5	1.56%	0.11%	1.56% (Oct 2025)	0% (Nov 2024)	13.11 L	-0.19 L	Large Cap	28.43
Tech Mahindra Ltd.	Computers - software & consulting	3.97	212.3	1.52%	-0.02%	1.54% (Sep 2025)	0% (Nov 2024)	1.49 L	-2.12 k	Large Cap	28.43
Avenue Supermarts Ltd.	Diversified retail	1.5	208.6	1.50%	-0.16%	1.66% (Sep 2025)	0% (Nov 2024)	50.23 k	-0.71 k	Large Cap	28.43
United Breweries Ltd.	Breweries & distilleries	4.48	206.5	1.48%	-0.04%	1.52% (Sep 2025)	0% (Nov 2024)	1.15 L	-1.63 k	Large Cap	28.43
Power Finance Corporation Ltd.	Financial institution	2.69	202.9	1.46%	-0.06%	1.52% (Sep 2025)	0% (Nov 2024)	5.03 L	-7.14 k	Mid Cap	28.77
National Thermal Power Corporation Ltd.	Power generation	1.32	184.2	1.32%	-0.05%	1.37% (Sep 2025)	0% (Nov 2024)	5.47 L	-7.76 k	Large Cap	28.43
Balkrishna Industries Ltd.	Tyres & rubber products	1.32	183.7	1.32%	-0.04%	1.36% (Sep 2025)	0% (Nov 2024)	80.56 k	-1.14 k	Mid Cap	28.77
Supreme Industries Ltd.	Plastic products - industrial	1.26	175.6	1.26%	-0.17%	1.43% (Sep 2025)	0% (Nov 2024)	46.05 k	-0.65 k	Mid Cap	28.77
Rural Electrification Corporation Limited	Financial institution	2.69	171.5	1.23%	-0.03%	1.26% (Sep 2025)	0% (Nov 2024)	4.57 L	-6.50 k	Mid Cap	28.77
Tata Consultancy Services Ltd.	Computers - software & consulting	3.97	112.9	0.81%	0.02%	0.81% (Oct 2025)	0% (Nov 2024)	36.92 k	-0.53 k	Large Cap	28.43
GMR Airports Ltd.	Airport & airport services	0.32	44.4	0.32%	0.02%	0.32% (Oct 2025)	0% (Nov 2024)	4.73 L	0.00	Small Cap	19.1

- indicates change in weight in the portfolio. # indicates a new entry.

New Stocks added in Portfolio (in 1 month period ending 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
No new entrants in the portfolio in the last month.

Stocks removed from Portfolio (in 1 month period ending 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
No complete exits in the portfolio in the last month.

Trend in stock holdings (Top 15 Holding)

Stock	Oct 2025	Sep 2025	Aug 2025	Jul 2025	Jun 2025	May 2025	Apr 2025	Mar 2025	Feb 2025	Jan 2025	Dec 2024	Nov 2024	Oct 2024
BSE Ltd.	3.64%	3.08%	-	-	-	-	-	-	-	-	-	-	-
One 97 Communications Ltd.	3.51%	3.13%	-	-	-	-	-	-	-	-	-	-	-
Fortis Healthcare Ltd.	3.33%	3.24%	-	-	-	-	-	-	-	-	-	-	-
Muthoot Finance Pvt. Ltd.	3.04%	3.02%	-	-	-	-	-	-	-	-	-	-	-
Radico Khaitan Ltd.	3.00%	2.84%	-	-	-	-	-	-	-	-	-	-	-
GE T&D India Ltd.	2.90%	2.91%	-	-	-	-	-	-	-	-	-	-	-
L&T Finance Holdings Ltd.	2.90%	2.74%	-	-	-	-	-	-	-	-	-	-	-
J.K. Cement Ltd.	2.70%	2.81%	-	-	-	-	-	-	-	-	-	-	-
Eicher Motors Ltd.	2.68%	2.75%	-	-	-	-	-	-	-	-	-	-	-
Narayana Hrudayalaya Ltd.	2.49%	2.53%	-	-	-	-	-	-	-	-	-	-	-
Kaynes Technology India Private Ltd.	2.27%	2.45%	-	-	-	-	-	-	-	-	-	-	-
National Aluminium Co. Ltd.	2.40%	2.26%	-	-	-	-	-	-	-	-	-	-	-
Dalmia Bharat Ltd.	2.20%	2.40%	-	-	-	-	-	-	-	-	-	-	-
J S W Steel Ltd.	2.31%	2.25%	-	-	-	-	-	-	-	-	-	-	-
Global Health Ltd.	2.19%	2.25%	-	-	-	-	-	-	-	-	-	-	-