Kotak Large & Midcap Fund
Kotak Mutual Fund·Large & Mid Cap Fund·vs Nifty LargeMidcap 250 TRI
The manager has sharpened conviction in financial services, which now anchors nearly 27% of the portfolio through a concentrated banking position led by HDFC, SBI, and ICICI. Recent additions of Poonawalla Fincore and NTPC signal a tactical shift toward emerging credit plays and energy infrastructure, while trimming a defensive FMCG position hints at reduced hedging. With 31% deployed in the top ten names, this is a conviction-driven, sector-heavy portfolio betting on domestic financial deepening and industrial recovery rather than broad diversification.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Primary | ₹334.0930 | -0.75% | -6.51% | -4.92% | +2.59% | +15.89% | +15.37% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
68
Top 5 Weight
19.23%
Top 10 Weight
31.31%
Active Share
—
Large Cap
49.01%
Gini
0.333
What Changed2026-03-31 → 2026-04-30
Holdings: 69 → 70+2 added−1 removed29 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| POONAWALLA FINCORP LIMITED | 1.12% |
| NTPC LTD | 1.06% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC BANK LTD. INE040A01034 | 4.97% |
| 2 | STATE BANK OF INDIA. INE062A01020 | 4.41% |
| 3 | Bharat Electronics Ltd. INE263A01024 | 3.99% |
| 4 | ETERNAL LIMITED INE758T01015 | 2.94% |
| 5 | ICICI BANK LTD. INE090A01021 | 2.92% |
| 6 | AXIS BANK LTD. INE238A01034 | 2.60% |
| 7 | Larsen and Toubro Ltd. INE018A01030 | 2.45% |
| 8 | BSE LTD INE118H01025 | 2.41% |
| 9 | BHARTI AIRTEL LTD. INE397D01024 | 2.37% |
| 10 | Ashok Leyland Ltd. INE208A01029 | 2.25% |
| 11 | Linde India Ltd. INE473A01011 | 2.12% |
| 12 | BHARAT FORGE LTD. INE465A01025 | 2.11% |
| 13 | Jindal Steel & Power Ltd INE749A01030 | 2.10% |
| 14 | Coromandel International Limited INE169A01031 | 2.10% |
| 15 | BAJAJ FINANCE LTD. INE296A01032 | 2.09% |
| 16 | Hero MotoCorp Ltd. INE158A01026 | 2.06% |
| 17 | SUN PHARMACEUTICAL INDUSTRIES LTD. INE044A01036 | 1.91% |
| 18 | HINDUSTAN PETROLEUM CORPORATION LTD. INE094A01015 | 1.73% |
| 19 | SHRIRAM FINANCE LIMITED INE721A01047 | 1.70% |
| 20 | RELIANCE INDUSTRIES LTD. INE002A01018 | 1.70% |
Sector Allocation
Banks19.8%
Finance7.3%
Pharmaceuticals and Biotechnology6.0%
IT - Software4.9%
Aerospace and Defense4.8%
Cement and Cement Products4.8%
Auto Components4.6%
Petroleum Products4.4%
Chemicals and Petrochemicals4.1%
Capital Markets3.8%
Top 10 sectors by % to NAV. Excludes derivatives.