Navi Large & Midcap Fund
The fund is heavily tilted toward banking and financial services, reflecting conviction in India's credit cycle and wealth management growth, with nearly a fifth of assets in banks alone. The elevated cash position and recent uptick in liquidity reserves suggest the manager is cautiously positioned, potentially awaiting better entry points or protecting against near-term volatility. Selective portfolio tweaks indicate disciplined stock-picking rather than a thematic overhaul, maintaining core exposure while pruning lower-conviction names.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹42.3528 | — | — | — | — |
| Regular Growth | ₹34.9055 | +0.79% | +0.11% | +11.25% | +12.36% |
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 |
|---|---|
| INTERARCH BUILDING SOLUTIONS LIMITED | 0.52% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | TREPS/Reverse Repo/Net Current Assets/Cash/Cash Equivalent | 4.86% |
| 2 | THE FEDERAL BANK LIMITED INE171A01029 | 3.28% |
| 3 | AXIS BANK LIMITED INE238A01034 | 3.21% |
| 4 | ASTRAL LIMITED INE006I01046 | 3.18% |
| 5 | HDFC BANK LIMITED INE040A01034 | 3.15% |
| 6 | UPL LIMITED INE628A01036 | 2.99% |
| 7 | NIPPON LIFE INDIA ASSET MANAGEMENT LTD INE298J01013 | 2.69% |
| 8 | KOTAK MAHINDRA BANK LIMITED INE237A01036 | 2.58% |
| 9 | BANK OF MAHARASHTRA INE457A01014 | 2.28% |
| 10 | ICICI BANK LIMITED INE090A01021 | 2.20% |
| 11 | APOLLO HOSPITALS ENTERPRISE LIMITED INE437A01024 | 2.03% |
| 12 | STATE BANK OF INDIA INE062A01020 | 1.99% |
| 13 | SAMVARDHANA MOTHERSON INTERNATIONAL LTD INE775A01035 | 1.92% |
| 14 | RELIANCE INDUSTRIES LIMITED INE002A01018 | 1.89% |
| 15 | VARUN BEVERAGES LIMITED INE200M01039 | 1.80% |
| 16 | LARSEN & TOUBRO LIMITED INE018A01030 | 1.80% |
| 17 | BHARTI AIRTEL LIMITED INE397D01024 | 1.64% |
| 18 | PB FINTECH LIMITED INE417T01026 | 1.50% |
| 19 | BSE LTD INE118H01025 | 1.45% |
| 20 | BHARAT HEAVY ELECTRICALS LIMITED INE257A01026 | 1.44% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Navi Large & Midcap Fund hold?
Navi Large & Midcap Fund holds 82 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 15.81% of NAV.
What is the largest holding in Navi Large & Midcap Fund?
The largest position in Navi Large & Midcap Fund is TREPS/Reverse Repo/Net Current Assets/Cash/Cash Equivalent, accounting for 4.86% of NAV.
Is Navi Large & Midcap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.330, Navi Large & Midcap Fund is well-diversified. The HHI concentration index is 15,455 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 15.81% of the portfolio.
What is the market cap allocation of Navi Large & Midcap Fund?
Based on SEBI's AMFI classification, Navi Large & Midcap Fund's equity portfolio is split as: Large Cap: 33.43%, Mid Cap: 40.22%, Small Cap: 18.91%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Navi Large & Midcap Fund invest in most?
Navi Large & Midcap Fund has the highest allocation to BANKS (19.93%), CAPITAL MARKETS (9.44%), INDUSTRIAL PRODUCTS (7.78%). The fund is invested across 28 sectors in total.
How actively managed is Navi Large & Midcap Fund compared to other Large & Mid Cap Fund funds?
Navi Large & Midcap Fund has an Active Share of 60.87%, 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 Navi Large & Midcap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Navi Large & Midcap Fund added 1 new stock (including INTERARCH BUILDING SOLUTIONS LIMITED) and exited 1 stock (including GULF OIL LUBRICANTS INDIA LIMITED). Total holding count remained at 83 stocks.