Kotak Infrastructure & Economic Reform Fund
NAV
₹84.86
as of 21 Aug 2026
Kotak Infrastructure & Economic Reform Fund is an open-ended Sectoral/ Thematic scheme from Kotak Mahindra Mutual Fund managing ₹2,430 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹84.86 as of 21 Aug 2026. The expense ratio is 0.74% a year. Managed by Nalin Bhatt. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.74% / yr
- as of 30 Jun 2026
- Fund size
- ₹2,430 crore
- as of 31 Jul 2026
- Exit load
- 0.5%
- SIP available
- Yes
- Launched
- 25 Feb 2008
- ISIN
- INF178L01AL9
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: Nifty Infrastructure TRI
Kotak Infrastructure & Economic Reform Fund
₹261
+161% on ₹100 over 5.0 yrs
Sectoral/ Thematic average
₹257
+157% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 6.88% | 6.78% | +0.10 |
| 6 months | 6.17% | 3.68% | +2.49 |
| 1 year | 9.66% | 6.07% | +3.59 |
| 3 years (CAGR) | 17.95% | 16.01% | +1.94 |
| 5 years (CAGR) | 20.99% | 15.20% | +5.79 |
Category average across 119 funds, as of 21 Aug 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -9.9%
- Median
- 19.8%
- Best
- 66.8%
49 windows over the last 60 months, stepped monthly; 82% ended positive. Worst window began 1 Oct 2024. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 17.2%
- Median
- 23.5%
- Best
- 35.9%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 1 Aug 2023. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.54
- Sharpe ratio (5Y)
- 0.80
- Sortino ratio (3Y)
- 0.81 vs category 0.99
- Standard deviation (3Y)
- 21.35%
- Beta (3Y)
- 1.05
- Alpha (3Y)
- 0.40%
- Deepest fall (5Y)
- -27.17%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Deepest fall
-27.2%
Right now
-0.8% below peak
Ahead of its benchmark in 53% of months (window: 3y, monthly) — benchmark: Nifty Infrastructure TRI, name shown only.
Where the money actually is
Equity
99.0%
Cash
1.0%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
50 positions · top 10 = 48.1%
Market-cap mix
Large 50.0%Mid 12.5%Small 35.5%Other 2.0%
as of 31 Jul 2026
Holdings by sector
Industrials(4 in top 10)46.9%
- Larsen & Toubro Ltd10.21%
- Kalpataru Projects International Ltd3.34%
- Mahindra Logistics Ltd2.40%
- VST Tillers Tractors Ltd2.37%
Basic Materials(3 in top 10)12.5%
- Solar Industries India Ltd4.09%
- UltraTech Cement Ltd2.94%
- Shree Cement Ltd2.61%
Communication Services(2 in top 10)12.4%
- Bharti Airtel Ltd8.76%
- Indus Towers Ltd Ordinary Shares3.62%
Energy(1 in top 10)9.5%
- Reliance Industries Ltd7.75%
- Consumer Cyclical8.6%
- Financial Services3.2%
- Real Estate1.9%
- Technology1.6%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 15.8% vs category 37.3% a year.
The businesses it owns
- P/E (trailing)
- 26.1 vs category 25.8
- P/B
- 3.4 vs category 3.8
- Dividend yield
- 1.1% vs category 1.1%
- Net margin
- 11.7% vs category 15.4%
- Earnings growth
- 11.9%
- Avg market cap
- ₹89,864 crore
Money in, money out
- Net flow, 12 months
- −₹100 cr
- Net flow, 3 months
- −₹7 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Kotak Infrastructure & Economic Reform Fund?
- ₹84.86 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Kotak Infrastructure & Economic Reform Fund?
- 0.74% a year for the Direct plan, as of 30 Jun 2026.
- How large is Kotak Infrastructure & Economic Reform Fund?
- ₹2,430 crore under management as of 31 Jul 2026, in the Sectoral/ Thematic category.
- How risky is Kotak Infrastructure & Economic Reform Fund?
- Its SEBI Riskometer reading is "Very High Risk". One sector, one story. The most-launched shelf on the map, by far.
- What are the 5-year returns of Kotak Infrastructure & Economic Reform Fund?
- 20.99% a year over the last 5 years (Direct plan, CAGR), against a Sectoral/ Thematic average of 15.20%. Past returns do not predict future returns.
- What is the worst 3-year return of Kotak Infrastructure & Economic Reform Fund?
- 17.2% a year — the weakest of 25 overlapping 3-year holding periods, beginning 1 Aug 2023. The median was 23.5% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Kotak Infrastructure & Economic Reform Fund?
- Nalin Bhatt, managing this fund for 2.8 years.
Where this fund sits
Its shelf, all funds
St · Sectoral / thematic →
One sector, one story. The most-launched shelf on the map, by far.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Sectoral/ Thematic funds
- ICICI Prudential India Opportunities Fund₹38,299 crore
- ICICI Prudential Business Cycle Fund₹16,123 crore
- Kotak Pioneer Fund₹4,023 crore
- Kotak Business Cycle Fund₹3,411 crore
- Nippon India Consumption Fund₹2,514 crore
- DSP Natural Resources And New Energy Fund₹2,441 crore
- BANDHAN INNOVATION FUND₹2,392 crore
- HDFC Infrastructure Fund₹2,375 crore
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty Infrastructure TRI) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.