Fund manager · Kotak

Hiten Shah

Equity Fund Manager and Dealer at Kotak. Runs 4 schemes worth ₹1,19,060 Cr.

Fund house
KotakThey run their schemes at Kotak.
AUM they run
₹1,19,060 CrThe AUM of the schemes they run, as main or co-manager, at the latest month's end, as AMFI reports it. A scheme two people run counts for both.
Schemes
4 now · 0 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Aug 2024.
Experience
18 years18

What Hiten Shah's schemes hold^{(Oct 2019 – Sept 2026)}

What Hiten Shah's schemes hold in Sept 2026. Tick up to 2 to plot them.
Plot	281 companies ·	₹ Cr
	ICICI Bank	4,394
	Reliance Industries	3,255
	HDFC Bank	2,876
	Axis Bank	2,564
	State Bank of India	2,406
	Bharti Airtel Limited	2,196
	MARUTI SUZUKI INDA LIMITED	1,371
	ITC	1,368
	Bajaj Finance Limited	1,261
	Tata Steel Limited	1,254
	Hindalco Industries	1,252
	Bharti Infratel	1,227
	NTPC	1,213
	Infosys	1,188
	Idea Cellular	1,144
	Adani Power Limited	1,074
	Power Finance Corporation	1,062
	One 97 Communications Limited	1,033
	Hindustan Unilever	964
	Coal India	951
	Bank of Baroda	921
	Eternal Limited	820
	Shriram Finance Limited	800
	Swiggy Limited	765
	Divi s Laboratories Limited	726
	TVS Motor Co Ltd	725
	Radico Khaitan Limited	683
	Larsen and Toubro	669
	Cholamandalam DBS Finance	660
	Tech Mahindra	657
	Cummins India	631
	Hindustan Zinc	626
	Motherson Sumi Systems	620
	JSW Steel	612
	Mahindra and Mahindra Limited	612
	GE Vernova T D India Limited	606
	Adani Energy Solutions Limited	588
	Coforge Limited	586
	Hero MotoCorp	580
	Torrent Pharmaceuticals Limited	561
	Kotak Mahindra Bank Limited	561
	PB Fintech Limited	530
	ADANI PORT AND SPECIAL ECONOMIC ZONE LTD	520
	Indian Oil Corp Ltd	519
	Tata Consultancy Services	508
	Tata Consumer Products Limited	505
	Indo MIM Limited	482
	Bajaj Auto	476
	Ambuja Cement	471
	Interglobe Aviation Limited	464

ICICI Bank
Reliance Industries

Market value of each ticked company across the schemes Hiten Shah runs, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.
Month	ICICI Bank	Reliance Industries
Sept 2025	₹3,430 Cr	₹3,415 Cr
Oct 2025	₹2,684 Cr	₹2,366 Cr
Nov 2025	₹2,021 Cr	₹1,986 Cr
Dec 2025	₹2,747 Cr	₹2,181 Cr
Jan 2026	₹2,656 Cr	₹2,935 Cr
Feb 2026	₹2,970 Cr	₹2,789 Cr
Mar 2026	₹2,775 Cr	₹2,028 Cr
Apr 2026	₹3,120 Cr	₹2,038 Cr
May 2026	₹4,623 Cr	₹3,368 Cr
Jun 2026	₹3,911 Cr	₹2,901 Cr
Jul 2026	₹2,482 Cr	₹2,552 Cr
Aug 2026	₹3,245 Cr	₹2,446 Cr
Sept 2026	₹4,394 Cr	₹3,255 Cr

Fig. 1.Market value of each ticked company across the schemes Hiten Shah runs, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.

Allocation^{(Sept 2026)}

Market cap

		% of AUM
Large Cap	94	47.32

Mid Cap	97	15.42

Small Cap	71	5.40

REIT / InvIT	4	0.37

Unlisted	14	0.76

Other equity	1	1.05

Cash & others		29.69

Sectors

Companies

Fig. 2.What the schemes this manager runs hold, all together, by market cap, by sector and by company. Hover a slice or a row; click a slice to open it.

What Hiten Shah bought and sold^{(Oct 2025 – Sept 2026)}

What Hiten Shah bought and sold. Change in market value since the previous month, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.

Fig. 3.Change in market value since the previous month, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.