Kotak Large & Midcap Fund

Q: What are the returns of this mutual fund scheme?

The Kotak Large & Midcap Fund is a 21 yrs 6 m old fund and has delivered average annual returns of 17.99% since inception. Kotak Large & Midcap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 11.95% 19.11% 17.22% 16.67% 17.99%

Q: How much does this mutual fund charge as expense ratio?

The Kotak Large & Midcap Fund has an expense ratio of 1.58% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹345.943-0.95% 1 day change	17.99% p.a.	App exclusive #NA View Ranked Funds	₹30,039 Cr

Historical NAV & returns

NAV: ₹345.943 as on Feb 02, 2026

This fund Category average

Kotak Large & Midcap Fund overview

AUM (Fund size)	₹30,039 Cr
Exit load	1.0% Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days!
Lock-in Period	Nil
Age	21 yrs 6 m since Jul 27, 2004
Benchmark	Nifty Large Midcap 250 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.58% as on Feb 01, 2026
Plan type	Regular
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Kotak Large & Midcap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-3.01%	-5.16%
3 Months	-1.88%	-5.36%
6 Months	2.55%	-2.08%
1 Year	11.95%	5.53%
2 Years	12.39%	8.86%
3 Years	19.11%	17.13%
4 Years	14.84%	12.21%
5 Years	17.22%	15.56%
7 Years	17.57%	15.83%
10 Years	16.67%	14.64%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 54.58%

Mid Cap 37.38%

Small Cap 6.42%

Other Cap 0%

Top holdings

HDFC Bank Ltd.6.43%

State Bank of India4.09%

Bharat Electronics Ltd.3.72%

Eternal Ltd.3.24%

Top sectors

Financial 25.04%

Automobile 9.670000000000002%

Capital Goods 9.05%

Energy 9.049999999999999%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 2.75146104%

Mutual Fund 0.28927659%

Other Holdings

Others 2.75%

Kotak Liquid - Plan A - Direct Plan-Growth 0.29%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak Large & Midcap Fund	-3.01%	2.55%	11.95%	19.11%	17.22%	16.67%
ICICI Prudential Large & Mid Cap Fund	-4.92%	3.34%	8.25%	20.23%	20.44%	16.62%
Bandhan Large & Mid Cap Fund	-4.96%	1.12%	9.42%	22.21%	19.21%	16.59%
UTI Large & Mid Cap Fund	-3.85%	3.11%	9.59%	21.4%	19.04%	15.42%
HDFC Large and Mid Cap Fund	-5.26%	-0.43%	7.44%	19.27%	18.9%	15.92%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Kotak Large & Midcap Fund	12.57	0.94	1.01	1.31
ICICI Prudential Large & Mid Cap Fund	11.76	0.9	1.14	1.62
Bandhan Large & Mid Cap Fund	13.37	1.01	1.16	1.6
UTI Large & Mid Cap Fund	13.24	1.02	1.1	1.58
HDFC Large and Mid Cap Fund	13.86	1.08	0.93	1.38

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Kotak Large & Midcap Fund	N.A.	30,039 Cr	21 yrs 6 m	1.58%
ICICI Prudential Large & Mid Cap Fund	N.A.	27,745 Cr	27 yrs 7 m	1.63%
Bandhan Large & Mid Cap Fund	N.A.	13,636 Cr	20 yrs 7 m	1.69%
UTI Large & Mid Cap Fund	N.A.	5,635 Cr	20 yrs 6 m	1.87%
HDFC Large and Mid Cap Fund	N.A.	28,980 Cr	32 yrs	1.63%

View all Large & Midcap funds

Key risk & return ratios Compared to other funds in the category

Alpha	3.56 vs. 5.15 Underperformed at beating benchmark
Sharpe	1.01 vs. 5.94 Poor risk-adjusted returns
Beta	0.94 vs. 0.91 More sensitive to market's ups & downs
Standard deviation	12.57 vs. 10.81 More volatile performance

Compare Kotak Large & Midcap Fund in detail with

About this fund

About Kotak Large & Midcap Fund

Kotak Large & Midcap Fund is a Large & MidCap mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 21 yrs 6 m, having been launched on 27/07/2004. Kotak Large & Midcap Fund has ₹30,039 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Kotak Large & Midcap Fund as of 02/02/2026 is ₹345.94. The fund has an expense ratio of 1.58%, which is higher than what most other Large & Midcap funds charge.

Kotak Large & Midcap Fund returns of last 1-year are 10.45%. Since launch, it has delivered 18.00% average annual returns. The fund has doubled the money invested in it every 4 yrs.
Kotak Large & Midcap Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Financial, Automobile, Capital Goods, Energy, Services sectors. It has taken less exposure in Financial, Automobile sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., State Bank of India, Bharat Electronics Ltd., Eternal Ltd., ICICI Bank Ltd..

...

Fund AUM	30,039 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Harsha Upadhyaya

Mr. Upadhyaya is a B.E (Mechanical) from NIT Suratkal, PGDM from IIM Lucknow and CFA from the CFA Institute, USA. Prior to joining Kotak Mutual fund he has worked with DSP Mutual Fund and UTI AMC.

Investment objective

The scheme aims to invest in a mix of large and mid cap stocks across sectors based on performance and potential of companies within the sectors.

Kotak Mahindra Mutual Fund details

No. of schemes	84 view all schemes
Total AUM	5,88,199 Cr as on Dec 31, 2025
Address	The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla Complex Bandra (E) Mumbai, 400051
Phone	022-61152100 / 1800-22-2626

More funds from Kotak Mahindra Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Kotak Infrastructure and Economic Reform Fund	N.A.	2,353 Cr	4.21%	22.47%
Kotak Midcap Fund	N.A.	60,637 Cr	8.35%	19.75%
Kotak US Specific Equity Passive FoF	N.A.	3,770 Cr	26.62%	18.64%
Kotak Contra Fund	N.A.	5,136 Cr	9.74%	17.26%
Kotak Small Cap Fund	N.A.	17,258 Cr	-6.28%	17.1%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Kotak Large & Midcap Fund?

The current Net Asset Value (NAV) of the Kotak Large & Midcap Fund plan is approximately ₹345.943 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Kotak Large & Midcap Fund is a 21 yrs 6 m old fund and has delivered average annual returns of 17.99% since inception.

Kotak Large & Midcap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
11.95%	19.11%	17.22%	16.67%	17.99%

How much does this mutual fund charge as expense ratio?

The Kotak Large & Midcap Fund has an expense ratio of 1.58%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Kotak Large & Midcap Fund currently has assets under management (AUM) or fund size valued at approximately 30,039 Cr as on Dec 31, 2025.

What are the top stock holdings of Kotak Large & Midcap Fund?

The Kotak Large & Midcap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	6.43%
State Bank of India	4.09%
Bharat Electronics Ltd.	3.72%
Eternal Ltd.	3.24%
ICICI Bank Ltd.	3.13%
Infosys Ltd.	2.87%
Axis Bank Ltd.	2.62%
Bharti Airtel Ltd.	2.56%
Larsen & Toubro Ltd.	2.51%
Coromandel International Ltd.	2.45%

What are the top sectors Kotak Large & Midcap Fund has invested in?

The Kotak Large & Midcap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	25.04%
Automobile	9.670000000000002%
Capital Goods	9.05%
Energy	9.049999999999999%
Services	8.09%
Healthcare	7.36%
Technology	6.6000000000000005%
Chemicals	6.390000000000001%
Materials	5.16%
Construction	3.4%

What is risk level of Kotak Large & Midcap Fund?

This is a Large & Midcap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Kotak Large & Midcap Fund?

Redeeming your investments in the Kotak Large & Midcap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Large & MidCap

#NA

Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Large & MidCap funds in the last 10 Years.
Chance: This fund has generated a 12.25% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days