Kotak Mahindra Bank at PPFCF

Sat, 16 May 2026 00:00:00 +0000

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Kotak Mahindra Bank Limited is among the periodic significant banking holdings of the Parag Parikh Flexi Cap Fund (PPFCF). The position has appeared in PPFCF factsheet portfolio listings across multiple cycles, alongside the other private-sector-bank holdings HDFC Bank at PPFCF and ICICI Bank at PPFCF .

The Kotak Mahindra Bank thesis combines several elements of the broader PPFAS investment philosophy . First, conservative underwriting: Kotak has historically operated with one of the most conservative credit cultures among Indian banks, with a focus on returns rather than growth-at-all-costs. Second, promoter-led management: Uday Kotak’s hands-on stewardship across more than three decades has been a defining feature of the franchise. Third, deposit franchise quality: Kotak has built a high-quality retail-and-current-account deposit base. Fourth, disciplined valuation-driven entry that has produced multi-period holding patterns.

Uday Kotak on WebNotes

Kotak Mahindra Bank at PPFCF

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