Kotak Large Cap Fund
Large CapVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹545.19-1.61%1 day
- Return since launch
- 17.5%
- 52-week range
- ₹514.75 — ₹599.50
- AUM
- ₹10,937 Cr
Kotak Large Cap Fund is a Large Cap equity fund from Kotak Mahindra Mutual Fund with ₹10,937 Cr under management, launched in 2003. Over three years it has returned 1.5% a year, against 8.7% for its category. The expense ratio is 1.84% and the SEBI riskometer reading is Very High.
Performance
Kotak Large Cap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -4.8% against -4.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -8.5% | −5.0 pts | -3.4% | -7.0% |
| 2Y | -2.8% | −1.2 pts | -1.5% | -2.3% |
| 3Y | 1.5% | −7.2 pts | 8.7% | 1.6% |
| 5Y | 7.1% | −0.1 pts | 7.3% | 7.1% |
| 7Y | 10.6% | +0.3 pts | 10.3% | 10.0% |
| 10Y | 11.2% | +0.5 pts | 10.8% | 10.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -5.1% | −0.5 pts | -4.6% | -5.0% |
| 3M | -3.0% | −0.8 pts | -2.2% | -2.6% |
| 6M | 1.3% | −2.2 pts | 3.5% | 2.6% |
| 1Y | -4.8% | −1.4 pts | -3.4% | -4.0% |
| 2Y | -4.0% | −0.3 pts | -3.8% | -4.0% |
| 3Y | 8.6% | −0.1 pts | 8.7% | 8.5% |
| 5Y | 7.2% | 0.0 pts | 7.3% | 7.1% |
| 7Y | 12.8% | +0.8 pts | 12.0% | 11.0% |
| 10Y | 11.2% | +0.4 pts | 10.8% | 9.9% |
Since launch (6 Feb 2003): 17.5%
Calendar-year returns
Category average16.4%
27.7%
2.0%
22.9%
16.1%
8.7%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 8.7% | +0.2 pts | 8.5% |
| 2024 | 16.1% | −0.2 pts | 16.3% |
| 2023 | 22.9% | −2.4 pts | 25.3% |
| 2022 | 2.0% | −1.2 pts | 3.2% |
| 2021 | 27.7% | +0.5 pts | 27.2% |
| 2020 | 16.4% | +1.4 pts | 15.0% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.83%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.48%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.33%
- Exit load
- Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 100 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 0.27 | 2.62 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.98 | 1.04 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.40 | 0.53 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.48 | 0.70 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.10 | 15.51 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Kotak Large Cap Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity97.6%
- Debt1.2%
- Other1.3%
Market cap split
- Large86.4%
- Mid9.3%
- Small4.4%
- P/E
- 22.55
- P/B
- 3.13
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 8.22% | ₹899 Cr | +6.98% | +7.36% | +7.37% |
| Reliance Industries Ltd. | Energy | 5.95% | ₹651 Cr | +6.40% | +6.39% | +6.53% |
| HDFC Bank Ltd. | Financial | 5.92% | ₹647 Cr | +6.25% | +7.01% | +7.93% |
| State Bank of India | Financial | 4.77% | ₹522 Cr | +4.20% | +4.83% | +3.01% |
| Larsen & Toubro Ltd. | Construction | 4.10% | ₹449 Cr | +0.29% | -0.10% | +3.74% |
| Bharti Airtel Ltd. | Communication | 3.82% | ₹418 Cr | +3.97% | +3.78% | +3.66% |
| Bajaj Finance Ltd. | Financial | 3.33% | ₹364 Cr | +2.98% | +3.14% | +2.09% |
| Axis Bank Ltd. | Financial | 3.07% | ₹336 Cr | +3.25% | +3.35% | +2.76% |
| Infosys Ltd. | Technology | 2.94% | ₹322 Cr | +3.13% | +3.32% | +4.00% |
| NTPC Ltd. | Energy | 2.59% | ₹283 Cr | +3.18% | +2.89% | +2.39% |
| Maruti Suzuki India Ltd. | Automobile | 2.34% | ₹256 Cr | +2.15% | +2.41% | +2.70% |
| Mahindra & Mahindra Ltd. | Automobile | 2.28% | ₹249 Cr | +2.45% | +2.90% | +2.97% |
| Solar Industries India Ltd. | Chemicals | 2.25% | ₹247 Cr | +2.13% | +1.53% | +1.55% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 2.08% | ₹228 Cr | +1.81% | +2.59% | +2.52% |
| Ultratech Cement Ltd. | Materials | 2.00% | ₹219 Cr | +2.09% | +2.22% | +2.21% |
| Tata Steel Ltd. | Metals & Mining | 1.97% | ₹215 Cr | +2.26% | +2.14% | +1.53% |
| Shriram Finance Ltd | Financial | 1.95% | ₹213 Cr | -0.11% | +1.98% | +1.22% |
| Eternal Ltd. | Services | 1.81% | ₹198 Cr | +1.46% | +1.38% | +1.71% |
| Interglobe Aviation Ltd. | Services | 1.65% | ₹180 Cr | +1.79% | +1.83% | +2.21% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 1.63% | ₹178 Cr | +1.58% | +0.76% | +0.59% |
| Kotak Mahindra Bank Ltd. | Financial | 1.56% | ₹171 Cr | +1.49% | +1.55% | +1.56% |
| Tech Mahindra Ltd. | Technology | 1.49% | ₹163 Cr | +2.41% | -0.03% | +2.42% |
| Bharat Electronics Ltd. | Capital Goods | 1.48% | ₹162 Cr | +1.32% | +1.38% | +0.50% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 1.46% | ₹160 Cr | +1.35% | +0.93% | +0.92% |
| Hindalco Industries Ltd. | Metals & Mining | 1.39% | ₹152 Cr | +0.16% | +1.02% | +0.73% |
| ITC Ltd. | Consumer Staples | 1.30% | ₹142 Cr | +1.52% | -0.09% | +2.89% |
| Bharat Petroleum Corporation Ltd. | Energy | 1.26% | ₹137 Cr | +1.20% | +1.49% | +1.25% |
| Others | Others | 1.26% | ₹137 Cr | -2.58% | +1.18% | -0.42% |
| United Spirits Ltd. | Consumer Staples | 1.21% | ₹133 Cr | +1.16% | +1.15% | +1.06% |
| Kotak Liquid - Plan A - Direct Plan-Growth | Unclassified | 1.19% | ₹130 Cr | +1.21% | +1.01% | +1.05% |
| Nifty Bank | Financial | 1.14% | ₹125 Cr | +0.73% | — | — |
| Coromandel International Ltd. | Chemicals | 1.09% | ₹120 Cr | +1.00% | +1.22% | +1.35% |
| Hindustan Unilever Ltd. | Consumer Staples | 1.05% | ₹115 Cr | +1.13% | +0.97% | +1.24% |
| Cummins India Ltd. | Capital Goods | 1.04% | ₹114 Cr | +1.34% | +1.07% | +0.95% |
| Samvardhana Motherson International Ltd. | Automobile | 0.98% | ₹107 Cr | +1.08% | +0.91% | +0.52% |
| Bosch Ltd. | Automobile | 0.97% | ₹106 Cr | +0.78% | +0.75% | +0.86% |
| Titan Company Ltd. | Consumer Discretionary | 0.94% | ₹103 Cr | — | — | — |
| Apollo Tyres Ltd. | Automobile | 0.91% | ₹99.31 Cr | +0.85% | +0.94% | +1.02% |
| Godrej Consumer Products Ltd. | Consumer Staples | 0.90% | ₹98.24 Cr | +1.07% | +1.21% | +1.32% |
| Adani Enterprises Ltd. | Services | 0.90% | ₹98.18 Cr | — | — | — |
| Bharat Forge Ltd. | Automobile | 0.85% | ₹93.42 Cr | +0.92% | +0.89% | +0.42% |
| Power Finance Corporation Ltd. | Financial | 0.72% | ₹78.60 Cr | +0.95% | +0.84% | +0.87% |
| Britannia Industries Ltd. | Consumer Staples | 0.69% | ₹75.53 Cr | +0.71% | +0.77% | +0.80% |
| Poonawalla Fincorp Ltd. | Financial | 0.66% | ₹72.21 Cr | +0.57% | +0.65% | +0.70% |
| Manipal Health Enterprises Ltd. | Healthcare | 0.65% | ₹71.03 Cr | — | — | — |
| V-Guard Industries Ltd. | Consumer Discretionary | 0.65% | ₹71.00 Cr | +0.60% | +0.59% | +0.73% |
| Mphasis Ltd. | Technology | 0.64% | ₹70.23 Cr | +0.57% | +0.62% | +0.81% |
| LG Electronics India Ltd. | Consumer Discretionary | 0.63% | ₹69.43 Cr | +0.64% | +0.64% | — |
| HDFC Life Insurance Co Ltd. | Insurance | 0.62% | ₹68.23 Cr | +0.71% | +0.82% | +0.95% |
| Anthem Biosciences Ltd. | Healthcare | 0.61% | ₹66.98 Cr | +0.47% | +0.42% | +0.49% |
| Schaeffler India Ltd. | Capital Goods | 0.61% | ₹66.71 Cr | +0.65% | +0.64% | +0.60% |
| Astra Microwave Products Ltd. | Communication | 0.58% | ₹63.97 Cr | +0.51% | +0.34% | +0.38% |
| Nifty 50 | Financial | 0.57% | ₹62.58 Cr | — | -0.17% | — |
| ACME Solar Holdings Ltd. | Energy | 0.51% | ₹55.40 Cr | +0.27% | — | — |
| Vishal Mega Mart Ltd. | Services | 0.43% | ₹47.09 Cr | +0.49% | +0.46% | +0.71% |
| Oberoi Realty Ltd. | Construction | 0.36% | ₹39.44 Cr | +0.59% | +0.51% | +0.57% |
| The India Cements Ltd. | Materials | 0.34% | ₹37.09 Cr | +0.36% | +0.36% | +0.39% |
| PG Electroplast Ltd. | Capital Goods | 0.34% | ₹36.74 Cr | — | — | — |
| Mahindra Lifespace Developers Ltd. | Construction | 0.30% | ₹32.68 Cr | +0.28% | +0.29% | +0.31% |
| company:20769 | Healthcare | 0.30% | ₹32.55 Cr | — | — | — |
| Hyundai Motor India Ltd. | Automobile | 0.28% | ₹30.83 Cr | — | — | — |
| company:20182 | Capital Goods | 0.26% | ₹28.32 Cr | — | — | — |
| Swiggy Ltd. | Services | 0.16% | ₹17.03 Cr | +0.34% | +0.38% | +0.50% |
| GSPL Transmission Ltd. | Energy | 0.06% | ₹7.10 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Persistent Systems Ltd. | 0.67% | 0.00% | -0.67% |
| Mphasis Ltd. | 0.06% | 0.64% | +0.58% |
| Voltas Ltd. | 0.39% | 0.00% | -0.39% |
| State Bank of India | 4.45% | 4.77% | +0.32% |
| Bharti Airtel Ltd. | 4.12% | 3.82% | -0.30% |
| company:20769 | 0.00% | 0.30% | +0.30% |
| HDFC Bank Ltd. | 6.19% | 5.92% | -0.28% |
| Lenskart Solutions Ltd. | 0.27% | 0.00% | -0.27% |
| company:20182 | 0.00% | 0.26% | +0.26% |
| Bajaj Finance Ltd. | 3.57% | 3.33% | -0.24% |
| Solar Industries India Ltd. | 2.04% | 2.25% | +0.21% |
| Axis Bank Ltd. | 2.88% | 3.07% | +0.19% |
| Power Finance Corporation Ltd. | 0.90% | 0.72% | -0.18% |
| Bosch Ltd. | 0.79% | 0.97% | +0.18% |
| ICICI Bank Ltd. | 8.05% | 8.22% | +0.17% |
| Mahindra & Mahindra Ltd. | 2.45% | 2.28% | -0.17% |
| Godrej Consumer Products Ltd. | 1.06% | 0.90% | -0.16% |
| Oberoi Realty Ltd. | 0.52% | 0.36% | -0.16% |
| Eternal Ltd. | 1.66% | 1.81% | +0.16% |
| Manipal Health Enterprises Ltd. | 0.50% | 0.65% | +0.15% |
| Larsen & Toubro Ltd. | 3.96% | 4.10% | +0.14% |
| Tech Mahindra Ltd. | -0.04% | 0.09% | +0.13% |
| NTPC Ltd. | 2.72% | 2.59% | -0.13% |
| Bharat Forge Ltd. | 0.99% | 0.85% | -0.13% |
| Shriram Finance Ltd | 1.82% | 1.95% | +0.13% |
| Kotak Mahindra Bank Ltd. | 1.44% | 1.56% | +0.12% |
| ITC Ltd. | 1.42% | 1.30% | -0.12% |
| Bharat Electronics Ltd. | 1.38% | 1.48% | +0.11% |
| Samvardhana Motherson International Ltd. | 0.88% | 0.98% | +0.10% |
| Maruti Suzuki India Ltd. | 2.43% | 2.34% | -0.10% |
| Reliance Industries Ltd. | 6.04% | 5.95% | -0.09% |
| Coromandel International Ltd. | 1.18% | 1.09% | -0.09% |
| Hyundai Motor India Ltd. | 0.20% | 0.28% | +0.08% |
| LG Electronics India Ltd. | 0.55% | 0.63% | +0.08% |
| V-Guard Industries Ltd. | 0.58% | 0.65% | +0.06% |
| Astra Microwave Products Ltd. | 0.65% | 0.58% | -0.06% |
| Hindustan Unilever Ltd. | 1.11% | 1.05% | -0.06% |
| Anthem Biosciences Ltd. | 0.55% | 0.61% | +0.06% |
| Ultratech Cement Ltd. | 2.06% | 2.00% | -0.06% |
| Apollo Hospitals Enterprise Ltd. | 1.41% | 1.46% | +0.05% |
| Titan Company Ltd. | 0.89% | 0.94% | +0.05% |
| Others | 0.06% | 0.02% | -0.04% |
| Tata Steel Ltd. | 2.01% | 1.97% | -0.04% |
| Adani Enterprises Ltd. | 0.94% | 0.90% | -0.04% |
| Swiggy Ltd. | 0.19% | 0.16% | -0.04% |
| Infosys Ltd. | 2.91% | 2.94% | +0.03% |
| Interglobe Aviation Ltd. | 1.61% | 1.65% | +0.03% |
| Hindalco Industries Ltd. | 1.36% | 1.39% | +0.03% |
| Apollo Tyres Ltd. | 0.88% | 0.91% | +0.03% |
| Cummins India Ltd. | 1.07% | 1.04% | -0.03% |
| Bharat Petroleum Corporation Ltd. | 1.23% | 1.26% | +0.03% |
| PG Electroplast Ltd. | 0.31% | 0.34% | +0.03% |
| The India Cements Ltd. | 0.36% | 0.34% | -0.02% |
| Mahindra Lifespace Developers Ltd. | 0.32% | 0.30% | -0.02% |
| Nifty Bank | 1.12% | 1.14% | +0.02% |
| Vishal Mega Mart Ltd. | 0.41% | 0.43% | +0.02% |
| Kotak Liquid - Plan A - Direct Plan-Growth | 1.17% | 1.19% | +0.02% |
| Britannia Industries Ltd. | 0.71% | 0.69% | -0.02% |
| ACME Solar Holdings Ltd. | 0.52% | 0.51% | -0.01% |
| Sun Pharmaceutical Industries Ltd. | 2.07% | 2.08% | +0.01% |
| United Spirits Ltd. | 1.22% | 1.21% | -0.01% |
| Poonawalla Fincorp Ltd. | 0.65% | 0.66% | +0.01% |
| Torrent Pharmaceuticals Ltd. | 1.63% | 1.63% | 0.00% |
| Schaeffler India Ltd. | 0.61% | 0.61% | 0.00% |
| HDFC Life Insurance Co Ltd. | 0.62% | 0.62% | 0.00% |
| GSPL Transmission Ltd. | 0.06% | 0.06% | 0.00% |
| Nifty 50 | 0.57% | 0.57% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹1,872 Cr | 2.51% | -0.5% | 4.7% | 9.6% |
 Quant Large Cap Fund | ₹3,651 Cr | 2.93% | 4.4% | 5.2% | — |
 Bandhan Large Cap Fund | ₹2,180 Cr | 2.19% | -3.7% | 4.0% | 9.1% |
 Invesco India Large Cap Fund | ₹2,021 Cr | 2.19% | 1.5% | 5.9% | 10.4% |
 WhiteOak Capital Large Cap Fund | ₹1,276 Cr | 2.48% | -5.5% | 3.5% | — |
 Bank of India Large Cap Fund | ₹231 Cr | 2.75% | 0.6% | 4.6% | 9.4% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate capital appreciation from a portfolio of predominantly equity and equity related securities falling under the category of large Cap companies.
Fund managers
- Rohit TandonMr. Tandon has done B.E.(Mechanical) and PGDM from IIM-BPrior to joining Kotak Mahindra Mutual Fund, he has worked with Reliance Nippon Life Insurance, Max Life Insurance and JP Morgan India
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months1.32% absolute | ₹60,000 | ₹60,792 | 1.32% | |
| 1 year−4.79% annualised | ₹1,20,000 | ₹1,16,932 | −2.56% | |
| 3 years8.58% annualised | ₹3,60,000 | ₹4,11,844 | 14.40% | |
| 5 years7.23% annualised | ₹6,00,000 | ₹7,24,546 | 20.76% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Kotak Large Cap Fund?
The NAV of Kotak Large Cap Fund is ₹545.19 as on 24 Sep 2026.
What is the expense ratio of Kotak Large Cap Fund?
The expense ratio of Kotak Large Cap Fund is 1.84% per year.
What is the minimum SIP amount for Kotak Large Cap Fund?
You can start a SIP in Kotak Large Cap Fund with ₹3,000 a month.
What returns has Kotak Large Cap Fund given?
Kotak Large Cap Fund has returned -8.5% over 1 year, 1.5% over 3 years and 7.1% over 5 years (annualised).
Is there a lock-in or exit load on Kotak Large Cap Fund?
Lock-in: None. Exit load: Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days.
How risky is Kotak Large Cap Fund?
Kotak Large Cap Fund is rated Very High on the SEBI riskometer and belongs to the Large Cap category.
Which fund house manages Kotak Large Cap Fund?
Kotak Large Cap Fund is managed by Kotak Mahindra Mutual Fund, which runs 94 schemes with ₹6,09,561 Cr under management.