Kotak Large & Mid Cap Fund
Kotak Mahindra Mutual Fund · Large & Mid Cap · Regular plan, growth option
NAV (₹), 1 Oct 2026
331.8760
1-day change
-0.81%
1Y return
-2.5%
3Y CAGR
10.5%
5Y CAGR
11.4%
Max drawdown, 5Y
−18.9%
NAV history month-end NAV, ₹ · 3 Apr 2006 to 1 Oct 2026
Returns vs Large & Mid Cap median (36 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -6.2% | -6.3% |
| 3 months | -5.0% | -4.1% |
| 6 months | 4.3% | 7.6% |
| Year to date | -5.8% | -4.1% |
| 1 year | -2.5% | -0.8% |
| 3 years (CAGR) | 10.5% | 10.6% |
| 5 years (CAGR) | 11.4% | 10.1% |
| 7 years (CAGR) | 16.0% | 15.8% |
| 10 years (CAGR) | 13.5% | 13.1% |
| Since first NAV (CAGR) | 13.1% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 12.0% | 10.8% |
| 3Y rolling median | 15.6% | 15.5% |
| 3Y rolling worst | -5.6% | -6.5% |
| 3Y periods positive | 96% | 96% |
| 3Y periods ahead of benchmark | 84% | 25% |
| 5Y rolling median | 14.7% | 14.8% |
| 5Y rolling worst | -1.9% | -0.4% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: Nifty LargeMidcap 250 (proxy: Edelweiss NIFTY Large Midcap 250 Index Fund, price return).
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 15.7% | 16.1% |
| Sharpe ratio | 0.34 | 0.34 |
| Sortino ratio | 0.47 | 0.50 |
| Beta | 0.93 | 0.97 |
| Alpha (ann.) | 0.8% | 0.9% |
| Upside capture | 98.91 | 99.72 |
| Downside capture | 96.74 | 100.44 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −64.7% | −37.2% |
| Maximum drawdown, last 10Y | −36.1% | −37.8% |
| Maximum drawdown, last 5Y | −18.9% | −20.0% |
| Current drawdown | −8.3% | −8.0% |
| Recovery time of worst fall | 1871 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 1.66% a year and the Direct plan's 0.67%, a gap of 0.99%; over the last 3 years the Direct plan returned 1.18 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹23,69,240.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Harsha Upadhyaya | FM 1 Primary | 4 Aug 2012 |
Objective: The investment objective of the Scheme is to generate capital appreciation from a diversified portfolio of equity and equity related securities.The Scheme will invest predominantly in a mix of large and mid cap stocks from various sectors, which look promising, based on the growth pattern in the economy. There is no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: Investments in equity and equity related instruments of large cap companies - 35%- 65% Investments in equity and equity related instruments of mid cap companies- 35%- 65% Investments in equity and equity related instruments of Companies other than large and mid-cap companies - 0% to 30% Debt and Money Market Securities- 0% to 30% Units issued by InvITs - 0-10% "
Benchmark (tier 1): NIFTY Large Midcap 250 TRI
Exit load: For redemption / switch out of upto 10%of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil. If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1% If units are redeemed or switched out on or after 1 year from the date of allotment: NIL
Minimum application: Rs. 100/-
Allotment date: 9 Sep 2004
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 1.66% | 2.30% |
| AUM, whole scheme (₹ crore) | 31,800 | 4,000 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | -1.2% | -0.4% TRI |
| Return, 3 years (AMFI) | 10.8% | 10.8% TRI |
| Return, 5 years (AMFI) | 11.5% | 11.0% TRI |
| Month-ends above category median (3Y CAGR) | 80% | 51% median |
| Month-ends in category top quartile (3Y) | 11% | 19% median |
| 7Y rolling CAGR, median (monthly windows) | 15.0% | 14.3% median |
Official benchmark: Nifty LargeMidcap 250 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Large & Mid Cap Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Nifty LargeMidcap 250 proxy | Difference |
|---|---|---|---|
| 2026 YTD | -5.8% | -7.0% | +1.2% |
| 2025 | 5.6% | 7.9% | −2.3% |
| 2024 | 24.2% | 18.3% | +5.9% |
| 2023 | 29.3% | 32.0% | −2.7% |
| 2022 | 7.0% | 4.0% | +2.9% |
| 2021 | 30.4% | n/a | – |
| 2020 | 16.5% | n/a | – |
| 2019 | 13.2% | n/a | – |
| 2018 | -5.6% | n/a | – |
| 2017 | 34.9% | n/a | – |
Benchmark proxy: Edelweiss NIFTY Large Midcap 250 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,15,126 | -7.4% |
| 3 years | ₹3,60,000 | ₹3,75,465 | 2.8% |
| 5 years | ₹6,00,000 | ₹7,67,039 | 9.8% |
| 10 years | ₹12,00,000 | ₹24,50,373 | 13.7% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
Category: Large & Mid Cap
Plan / option: Regular · Growth
AMFI scheme code: 103234
ISIN: INF174K01187
First NAV in MFIC data: 3 Apr 2006
History: 20.5 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Kotak ELSS Tax Saver Fund | ELSS | 0.98 | 8.7% |
| Kotak Flexi Cap Fund | Flexi Cap | 0.98 | 9.2% |
| Nippon India Vision Large & Mid Cap Fund | Large & Mid Cap | 0.98 | 12.1% |
| Bandhan Business Cycle Fund | Sectoral/Thematic | 0.97 | n/a |
| Baroda BNP Paribas Dividend Yield Fund | Dividend Yield | 0.97 | n/a |
| Kotak Contra Fund | Contra | 0.97 | 12.1% |
Questions about Kotak Large & Mid Cap Fund
- What is the latest NAV of Kotak Large & Mid Cap Fund?
- The NAV of the Regular plan (growth option) was ₹331.8760 on 1 Oct 2026, as published by AMFI.
- Which category is Kotak Large & Mid Cap Fund in?
- It is classified as Large & Mid Cap in AMFI's daily NAV file; a Large & Mid Cap scheme invests at least 35% each in large-cap and mid-cap stocks. MFIC compares it with 36 Large & Mid Cap schemes (Regular plans).
- What returns has Kotak Large & Mid Cap Fund delivered?
- Over one year the NAV changed by -2.5%. The 3-year CAGR is 10.5% (category median 10.6%) and the 5-year CAGR is 11.4% (category median 10.1%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 15.6%, the lowest was -5.6%, and 96% of 3-year periods ended with a gain. It was ahead of Nifty LargeMidcap 250 (index-fund proxy) in 84% of those periods.
- What was the largest fall in Kotak Large & Mid Cap Fund's NAV?
- The largest peak-to-trough fall in its available history was 64.7%; within the last five years it was 18.9% (category median 20.0%).
- How volatile is Kotak Large & Mid Cap Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 15.7%, which is below the Large & Mid Cap category median of 16.1%.
- What would a monthly SIP in Kotak Large & Mid Cap Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,67,039 on 1 Oct 2026, an annualised return (XIRR) of 9.8%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Kotak Large & Mid Cap Fund?
- The total expense ratio of the Regular plan is 1.66% a year, as disclosed to AMFI (median of Large & Mid Cap Regular plans: 2.30%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Kotak Large & Mid Cap Fund?
- Assets under management of the whole scheme were ₹31,800 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Kotak Large & Mid Cap Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Kotak Large & Mid Cap Fund and how has it compared?
- Its official benchmark is the Nifty LargeMidcap 250 TRI. Over 3 years AMFI reports a return of 10.8% for this plan against 10.8% for the benchmark total return index; over 5 years 11.5% against 11.0%. Past performance does not indicate future results.
- How often has Kotak Large & Mid Cap Fund beaten its category?
- At 80% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Large & Mid Cap schemes (Regular plans); it was in the top quarter at 11% of them. A typical scheme would show about 50%.
- Who manages Kotak Large & Mid Cap Fund?
- According to its Scheme Summary Document, Kotak Large & Mid Cap Fund is managed by Harsha Upadhyaya (since 4 Aug 2012).
- What is the exit load of Kotak Large & Mid Cap Fund?
- As stated in its scheme documents: For redemption / switch out of upto 10%of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil. If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1% If units are redeemed or switched out on or after 1 year from the date of allotment: NIL Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Kotak Large & Mid Cap Fund?
- The minimum application amount is Rs. 100/-. SIP details: SIP - Rs. 100/- and any amount thereafter,SWP - Rs. 1000 STP - Rs. 1000.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by -1.5% and the Regular plan's by -2.5%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.