Navi Large & Midcap Fund
Navi Mutual Fund·Large & Mid Cap Fund·vs Nifty LargeMidcap 250 TRI
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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹41.9704 | — | — | — | — | — | — |
| Regular Growth | ₹34.5921 | +2.09% | -2.05% | -4.28% | +0.46% | +11.04% | +12.16% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
82
Top 5 Weight
15.81%
Top 10 Weight
27.59%
Active Share
—
Large Cap
33.43%
Gini
0.330
What Changed2026-03-31 → 2026-04-30
Holdings: 83 → 83+1 added−1 removed20 weight shifts ≥ 0.1%
| 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
BANKS19.9%
CAPITAL MARKETS9.4%
INDUSTRIAL PRODUCTS7.8%
HEALTHCARE SERVICES7.6%
FINANCE6.1%
AUTO COMPONENTS5.7%
IT - SOFTWARE3.8%
FERTILIZERS & AGROCHEMICALS3.4%
ELECTRICAL EQUIPMENT3.4%
REALTY3.0%
Top 10 sectors by % to NAV. Excludes derivatives.