Fundalysisby DARKHORSESTOCKS

Scheme

Kotak Services Fund

Holds 49 companies worth ₹692 Cr in Sept 2026.

  • Fund house

    KotakThe fund house that runs this scheme.

  • AUM

    ₹757 CrKotak Services Fund's AUM at the end of 31 Aug 2026, as AMFI reports it. Up 0.8% on Jul 2026, ₹751 Cr.

  • Largest holding

    ICICI BankICICI Bank is 10.8% of this scheme's NAV.

  • Fund manager

    Abhishek BisenRuns it since 25 Feb 2026, as the fund house dates it. With Rohit Tandon (fund manager).

Overview(9 Oct 2026)

Fund managers2

  1. Abhishek BisenFund manager, debt · Feb 2026 · 23y · MBA
  2. Rohit TandonFund manager, equity · Feb 2026 · 20y · PGDM B.E.

    Key facts

    Benchmark
    Nifty 500 TRI
    Risk
    Very High
    Expense
    Regular 2.61% · Direct 1.25%
    Exit load
    0.5% within 90 days
    Started
    25 Feb 2026
    Minimum
    ₹1,000

    Source.Its Scheme Summary Document as of 9 Oct 2026 at AMFI.

    What changed(6 changes)

    Aug 2026

    1 change
    1. Expense ratio
      30 AugRegular 2.59% → 2.61%Direct 1.24% → 1.26%

    Jul 2026

    1 change
    1. Expense ratio
      30 JulRegular 2.6% → 2.59%Direct 1.23% → 1.24%

    Jun 2026

    1 change
    1. Expense ratio
      29 JunRegular 2.4% → 2.6%Direct 0.98% → 1.23%

    Source.Its filings at NSE, since Feb 2026.

    Fund managers over time(Feb 2026 – now)

    1. Abhishek Bisen
    2. Rohit Tandon
    MainCoSlice
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Feb 2026 – Oct 2026)

    Every change to the expense ratio, newest first.
    7 changesRegularDirectΔ pt
    30 Aug 20262.61%1.26%0.02
    30 Jul 20262.59%1.24%0.01
    29 Jun 20262.60%1.23%0.25
    30 May 20262.40%0.98%0.22
    29 Apr 20262.66%1.20%0.27
    30 Mar 20262.37%0.93%0.01
    27 Feb 20262.33%0.92%–
    Direct plan, 30 Aug 2026
    1.26%
    Regular plan 2.61% · Exit load 0.5% within 90 days
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(9 Oct 2026)

    Objective

    The investment objective of the scheme is to provide long term capital appreciation from an actively managed portfolio of equity and equity related securities of companies belonging to the services industry. However, there is no assurance that the objective of the scheme will be achieved

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    An open-ended equity scheme investing in services theme
    Benchmark
    Nifty 500 TRI

    Asset allocation it may hold% of NAV

    1. Equity & Equity related instruments of Companies engaged in Services theme
      Allowed80–100%
    2. Equity and Equity Related Instruments Other than Services theme
      Allowed0–20%
    3. Debt and Money Market Securities
      Allowed0–20%Holds2.6%
    4. Units of Gold/Silver ETF
      Allowed0–20%
    5. Units of InvITs
      Allowed0–10%Holds0.0%

    Holds in Sept 2026.97.4% equity · 2.6% debt and cash

    How to invest(9 Oct 2026)

    Buying

    To start
    ₹1,000, then re. 1
    To add
    ₹100, then re. 1
    Dates
    SIP - N.A. SWP - N.A. STP - N.A.
    Minimum
    SIP - Daily, Weekly, Monthly, Quarterly, Half-yearly and Anually SWP -Daily, Weekly, Monthly,Quarterly, Half-Yearly and Anually STP - Daily, Weekly, Monthly & Quarterly SSIP - Monthly/Quarterly SSTP - Monthly/Quarterly SSWP - Monthly/ Quarterly, then sIP - Rs. 100 and any amount thereafter SWP - Rs. 1000 STP - Rs. 1000
    Most
    SIP - Any date from 1st to 31st SWP - Any Business Day STP - Any Business Day SSIP - Any date from 1st to 31st of a given month/quarter SSTP - Any Business Day (Monday-Friday) and Any Business date from 1st to 31st of given month/quarter SSWP- 1st, 7th, 14th, 21st & 25th

    Selling and switching

    To redeem
    The minimum redemption amount for all plans will be Rs. 500/- or account balance, whichever is lower.
    Switch minimum
    ₹1,000

    Scheme details(9 Oct 2026)

    What it is

    Category
    Equity Schemes - Thematic Fund
    Offer
    4 Feb 2026 to 18 Feb 2026
    Started
    25 Feb 2026
    Reopened
    2 Mar 2026
    Plans
    Growth · Payout of Income Distribution cum capital withdrawal (IDCW) · Reinvestment of Income Distribution cum capital withdrawal (IDCW)
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    No
    Side-pocketing
    Segregrated Portfolio has been created.
    Custodian
    Deutsche Bank A G, Mumbai & Standard Chartered Bank
    Auditor
    S. R. Batliboi & Co. LLP
    Registrar
    Computer Age Management Services Limited (‘CAMS’)
    SEBI code
    KOTM/O/E/THE/25/09/0161