Kotak Large & Midcap Fund
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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Primary | ₹337.3920 | -1.81% | +1.67% | +16.19% | +15.59% |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| 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
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Kotak Large & Midcap Fund hold?
Kotak Large & Midcap Fund holds 68 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 19.23% of NAV.
What is the largest holding in Kotak Large & Midcap Fund?
The largest position in Kotak Large & Midcap Fund is HDFC BANK LTD., accounting for 4.97% of NAV in the Banks sector.
Is Kotak Large & Midcap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.333, Kotak Large & Midcap Fund is well-diversified. The HHI concentration index is 20,187 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 19.23% of the portfolio.
What is the market cap allocation of Kotak Large & Midcap Fund?
Based on SEBI's AMFI classification, Kotak Large & Midcap Fund's equity portfolio is split as: Large Cap: 49.01%, Mid Cap: 42.24%, Small Cap: 6.25%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Kotak Large & Midcap Fund invest in most?
Kotak Large & Midcap Fund has the highest allocation to Banks (19.80%), Finance (7.26%), Pharmaceuticals and Biotechnology (6.05%). The fund is invested across 30 sectors in total.
How actively managed is Kotak Large & Midcap Fund compared to other Large & Mid Cap Fund funds?
Kotak Large & Midcap Fund has an Active Share of 62.32%, classifying it as "Active Stock Picker" among 33 Large & Mid Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Kotak Large & Midcap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Kotak Large & Midcap Fund added 2 new stocks (including POONAWALLA FINCORP LIMITED) and exited 1 stock (including Hindustan Unilever Ltd.). Total holding count increased from 69 to 70 stocks.