Mutual fund

Kotak Multicap Fund

Kotak Mahindra Mutual Fund · Equity

Current range: July 2026 → August 2026

Fund Quality

Average fund↓59.3 / 100

#10 of 21 in Multi Cap Fund

Returns20%: 70.0
Consistency20%: 70.0
Downside20%: 54.3
Fees10%: –
Risk10%: 26.5

Increasing Financial Services exposure while reducing Metals & Mining.

Sector allocation, May 2026 → Aug 2026

68Holdings
12Increased
8Reduced
1New
4Exited

AUM ₹30,669 cr · 31 Aug 20264 historical disclosures

Fund Quality

Average59.3 / 100

Rank 10 of 21 in Multi Cap Fund
↓ Deteriorating · −11.4 since 30 Jun 2026 (was Good)

Provisional ratingLow confidence

PerformancePartial evidence703-year return 15.4% a year against a peer median of 13.2%.
ConsistencyPartial evidence70Beat the peer median in 67% of rolling 1-year periods over 3 years.
Downside protectionPartial evidence54Deepest fall −21.0% in 3 years.
Value for money—Not measured. No AMFI TER row is linked to this plan for the as-of month.
Portfolio riskPartial evidence27Top 10 stocks are 36% of assets, about 43 effective holdings.
Manager & process stability—Not measured. Manager appointment records and process documentation are not loaded, so manager and process stability cannot be assessed.

Strengths: Long-term returns ahead of most category peers; Beat the category median in most rolling years.

Weaknesses: More concentrated than most category peers.

Change since 30 Jun 2026: Performance −4.6, Portfolio risk −3.0, Consistency −2.6 points.

Provisional: some supporting dimensions have no usable data yet, so this rating rests mainly on returns, consistency and downside protection.

How Fund Quality works

Each diversified active fund is compared with its current category peers over identical five- and three-year windows, using its Direct Growth plan. Index funds, ETFs and sector or thematic funds are not rated.
Six dimensions are scored 0–100 against peers. Returns, consistency and downside protection carry most of the weight; value for money, portfolio risk and manager stability support them. A dimension without evidence is left out and the rest re-weighted; it is never scored as zero or average.
Great is 85+, Good 70–85, Average 50–70, Poor 30–50 and Awful below 30. Great also needs strong returns, consistency and downside protection and five years of history; weak downside protection caps a fund at Average.
A rating with all three core dimensions and only one supporting dimension is provisional and lower confidence. Without all three core dimensions there is no rating.
Fund Quality is not a return ranking and not a recommendation. Past performance does not predict future returns.
Peers are the plan's current AMFI category; dated category history is not loaded, so a fund that changed category is compared with its current peers throughout.
Closed and merged schemes are not loaded, so peer groups contain survivors only.
No fund-to-benchmark mapping is loaded, so nothing here measures performance against the fund's benchmark.
Manager & process stability is not assessed: its data is not loaded. Mandate discipline is not part of the rating.
Fund Quality describes past evidence. In a 2019–2023 test, funds with higher return, consistency and downside scores did not go on to beat their peers over the next three years.
Past performance and risk do not predict future results. Fund Quality is not a recommendation to buy, sell or switch.
Methodology fund_quality_v1, NAV as of 1 Oct 2026.

Latest changes

Current range: July 2026 → August 2026

Added

Largest addition

HDFC Bank Ltd.

shares +49.7% · Financial Services

+₹477 cr

New position

One 97 Communications Ltd.

0.8% of the portfolio

What changed?

Current range: July 2026 → August 2026

StockSharesPortfolio weight

HDFC Bank Ltd.HDFCBANK

Financial Services

Shares+₹477 cr15.25M → 22.82M+7.58M+49.7% shares

Portfolio weight3.9% → 5.3%+1.4 pp weight

State Bank of IndiaSBIN

Financial Services

Shares+₹242 cr9.21M → 11.21M+2.00M+21.7% shares

Portfolio weight3.2% → 3.9%+0.7 pp weight

Eternal Ltd.ETERNAL

Consumer Services

Shares+₹174 cr28.00M → 31.10M+3.10M+11.1% shares

Portfolio weight2.9% → 3.3%+0.4 pp weight

Power Finance Corporation Ltd.PFC

Financial Services

Shares−₹143 cr20.08M → 21.08M+1.00M+5.0% shares

Portfolio weight2.9% → 2.3%−0.6 pp weight

Bank of BarodaBANKBARODA

Financial Services

Shares+₹86.0 cr23.65M → 27.65M+4.00M+16.9% shares

Portfolio weight2.0% → 2.2%+0.2 pp weight

Life Insurance Corporation of IndiaLICI

Financial Services

Shares+₹58.5 cr5.59M → 7.08M+1.49M+26.6% shares

Portfolio weight0.8% → 1.0%+0.2 pp weight

DLF Ltd.DLF

Realty

Shares+₹49.2 cr4.62M → 5.12M+500.00K+10.8% shares

Portfolio weight1.0% → 1.2%+0.1 pp weight

Amara Raja Energy & Mobility Ltd.ARE&M

Automobile and Auto Components

Shares+₹41.5 cr1.74M → 2.24M+500.00K+28.7% shares

Portfolio weight0.5% → 0.7%+0.1 pp weight

Whirlpool of India Ltd.WHIRLPOOL

Consumer Durables

Shares+₹40.2 cr3.30M → 3.80M+500.00K+15.1% shares

Portfolio weight0.9% → 1.0%+0.1 pp weight

Sun Pharmaceutical Industries Ltd.SUNPHARMA

Healthcare

Shares+₹37.8 cr3.35M → 3.55M+200.00K+6.0% shares

Portfolio weight2.3% → 2.3%+0.0 pp weight

PVR INOX Ltd.PVRINOX

Media Entertainment & Publication

Shares+₹22.5 cr1.83M → 1.90M+69.30K+3.8% shares

Portfolio weight0.7% → 0.8%+0.0 pp weight

PI Industries Ltd.PIIND

Chemicals

Shares−₹7.0 cr635.29K → 708.07K+72.79K+11.5% shares

Portfolio weight0.6% → 0.6%−0.0 pp weight

Current portfolio

Disclosed holdings for August 2026. Change columns use share quantities, with earlier quantities adjusted when a corporate action has a usable ratio.

Current range: Change columns compare with July 2026


HDFC Bank Ltd.HDFCBANK	Financial Services	+₹477 cr+49.7% shares	22.82M	5.3%	+₹1,618 cr	Increased
Maruti Suzuki India Ltd.MARUTI	Automobile and Auto Components	−₹70.7 cr0.0% shares	1.03M	4.6%	+₹1,395 cr	Unchanged
Oracle Financial Services Software Ltd.OFSS	Information Technology	+₹134 cr0.0% shares	986.46K	4.0%	+₹1,237 cr	Unchanged
State Bank of IndiaSBIN	Financial Services	+₹242 cr+21.7% shares	11.21M	3.9%	+₹1,188 cr	Increased
Hero MotoCorp Ltd.HEROMOTOCO	Automobile and Auto Components	+₹12.1 cr0.0% shares	1.88M	3.4%	+₹1,027 cr	Unchanged
Eternal Ltd.ETERNAL	Consumer Services	+₹174 cr+11.1% shares	31.10M	3.3%	+₹1,020 cr	Increased
IndusInd Bank Ltd.INDUSINDBK	Financial Services	+₹4.1 cr0.0% shares	9.98M	3.3%	+₹1,015 cr	Unchanged
Indus Towers Ltd.INDUSTOWER	Telecommunication	−₹5.4 cr0.0% shares	23.28M	3.0%	+₹905 cr	Unchanged
Radico Khaitan LtdRADICO	Fast Moving Consumer Goods	−₹125 cr−17.1% shares	1.66M	2.4%	+₹746 cr	Reduced
INDO-MIM LimitedINDOMIM	Capital Goods	+₹83.4 cr0.0% shares	8.40M	2.4%	+₹735 cr	Unchanged
Power Finance Corporation Ltd.PFC	Financial Services	−₹143 cr+5.0% shares	21.08M	2.3%	+₹709 cr	Increased
Sun Pharmaceutical Industries Ltd.SUNPHARMA	Healthcare	+₹37.8 cr+6.0% shares	3.55M	2.3%	+₹705 cr	Increased
NTPC Ltd.NTPC	Power	−₹41.1 cr0.0% shares	20.71M	2.2%	+₹678 cr	Unchanged
Bank of BarodaBANKBARODA	Financial Services	+₹86.0 cr+16.9% shares	27.65M	2.2%	+₹660 cr	Increased
ITC Ltd.ITC	Fast Moving Consumer Goods	−₹60.1 cr0.0% shares	23.58M	2.0%	+₹602 cr	Unchanged
Kajaria Ceramics Ltd.KAJARIACER	Consumer Durables	+₹21.6 cr0.0% shares	4.64M	1.9%	+₹577 cr	Unchanged
The South Indian Bank LimitedSOUTHBANK	Financial Services	−₹12.6 cr0.0% shares	121.60M	1.8%	+₹555 cr	Unchanged
Poonawalla Fincorp Ltd.POONAWALLA	Financial Services	+₹29.4 L0.0% shares	11.74M	1.8%	+₹545 cr	Unchanged
Jammu & Kashmir Bank Ltd.J&KBANK	Financial Services	−₹29.6 cr0.0% shares	35.54M	1.7%	+₹525 cr	Unchanged
Bharti Airtel Ltd.BHARTIARTL	Telecommunication	−₹45.5 cr0.0% shares	2.84M	1.7%	+₹515 cr	Unchanged
NLC India Ltd.NLCINDIA	Power	−₹57.6 cr0.0% shares	18.88M	1.6%	+₹505 cr	Unchanged
Larsen & Toubro Ltd.LT	Construction	+₹12.7 cr0.0% shares	1.20M	1.6%	+₹483 cr	Unchanged
LIC Housing Finance Ltd.LICHSGFIN	Financial Services	+₹13.4 cr0.0% shares	8.73M	1.5%	+₹470 cr	Unchanged
Engineers India Ltd.ENGINERSIN	Construction	+₹63.4 cr0.0% shares	16.06M	1.4%	+₹421 cr	Unchanged
RBL Bank Ltd.RBLBANK	Financial Services	−₹17.9 cr−5.3% shares	11.01M	1.4%	+₹419 cr	Reduced
United Spirits Ltd.UNITDSPR	Fast Moving Consumer Goods	−₹7.2 cr0.0% shares	2.79M	1.4%	+₹415 cr	Unchanged
Swiggy Ltd.SWIGGY	Consumer Services	−₹4.1 cr0.0% shares	13.79M	1.3%	+₹389 cr	Unchanged
Jyoti CNC Automation Ltd.JYOTICNC	Capital Goods	+₹71.0 cr0.0% shares	3.81M	1.2%	+₹379 cr	Unchanged
Tata Technologies Ltd.TATATECH	Information Technology	+₹37.7 cr0.0% shares	4.52M	1.2%	+₹376 cr	Unchanged
InterGlobe Aviation Ltd.INDIGO	Services	+₹4.4 cr0.0% shares	700.00K	1.2%	+₹366 cr	Unchanged
Aditya Birla Sun Life AMC Ltd.ABSLAMC	Financial Services	+₹13.7 cr0.0% shares	3.42M	1.2%	+₹359 cr	Unchanged
Sun TV Network Ltd.SUNTV	Media Entertainment & Publication	−₹32.9 cr0.0% shares	7.74M	1.2%	+₹361 cr	Unchanged
DLF Ltd.DLF	Realty	+₹49.2 cr+10.8% shares	5.12M	1.2%	+₹354 cr	Increased
Kalpataru Projects International Ltd.KPIL	Construction	+₹25.2 cr0.0% shares	2.26M	1.0%	+₹317 cr	Unchanged
Yatharth Hospital & Trauma Care Services LimitedYATHARTH	Healthcare	+₹57.8 cr0.0% shares	3.15M	1.0%	+₹316 cr	Unchanged
Shriram Finance Ltd.SHRIRAMFIN	Financial Services	−₹34.6 cr−15.1% shares	2.80M	1.0%	+₹311 cr	Reduced
Whirlpool of India Ltd.WHIRLPOOL	Consumer Durables	+₹40.2 cr+15.1% shares	3.80M	1.0%	+₹305 cr	Increased
Tata Communications Ltd.TATACOMM	Telecommunication	−₹5.8 cr0.0% shares	1.75M	1.0%	+₹302 cr	Unchanged
Life Insurance Corporation of IndiaLICI	Financial Services	+₹58.5 cr+26.6% shares	7.08M	1.0%	+₹296 cr	Increased
Piramal Finance Ltd.PIRAMALFIN	Financial Services	+₹31.5 cr0.0% shares	1.29M	1.0%	+₹296 cr	Unchanged
Bandhan Bank Ltd.BANDHANBNK	Financial Services	−₹199 cr−36.9% shares	17.71M	0.9%	+₹289 cr	Reduced
Hindustan Unilever Ltd.HINDUNILVR	Fast Moving Consumer Goods	−₹19.0 cr0.0% shares	1.42M	0.9%	+₹279 cr	Unchanged
Dalmia Bharat Ltd.DALBHARAT	Construction Materials	+₹8.4 cr0.0% shares	1.49M	0.9%	+₹276 cr	Unchanged
Acutaas Chemicals Ltd.ACUTAAS	Healthcare	+₹4.6 cr0.0% shares	826.97K	0.9%	+₹261 cr	Unchanged
Lohia Corp LimitedLCL	Capital Goods	+₹7.3 cr0.0% shares	4.45M	0.8%	+₹245 cr	Unchanged
One 97 Communications Ltd.PAYTM	Financial Services	+₹240 cr—	1.40M	0.8%	+₹240 cr	New
Shree Cement Ltd.SHREECEM	Construction Materials	−₹29.0 cr0.0% shares	101.69K	0.8%	+₹236 cr	Unchanged
SRF Ltd.SRF	Chemicals	−₹5.6 cr0.0% shares	909.55K	0.8%	+₹233 cr	Unchanged
PVR INOX Ltd.PVRINOX	Media Entertainment & Publication	+₹22.5 cr+3.8% shares	1.90M	0.8%	+₹230 cr	Increased
G R Infraprojects LimitedGRINFRA	Construction	−₹1.9 cr0.0% shares	2.47M	0.7%	+₹216 cr	Unchanged
Pokarna LimitedPOKARNA	Construction	−₹19.9 cr0.0% shares	2.39M	0.7%	+₹204 cr	Unchanged
Amara Raja Energy & Mobility Ltd.ARE&M	Automobile and Auto Components	+₹41.5 cr+28.7% shares	2.24M	0.7%	+₹200 cr	Increased
Hindalco Industries Ltd.HINDALCO	Metals & Mining	+₹7.8 cr0.0% shares	1.90M	0.6%	+₹193 cr	Unchanged
India Cements Ltd.INDIACEM	Construction Materials	−₹13.6 cr0.0% shares	4.97M	0.6%	+₹184 cr	Unchanged
Innova Captab LimitedINNOVACAP	Healthcare	+₹12.2 cr−3.1% shares	1.69M	0.6%	+₹182 cr	Reduced
Jubilant Foodworks Ltd.JUBLFOOD	Consumer Services	+₹13.6 cr−4.4% shares	3.63M	0.6%	+₹180 cr	Reduced
Subros LimitedSUBROS	Automobile and Auto Components	−₹24.7 cr0.0% shares	2.43M	0.6%	+₹174 cr	Unchanged
PI Industries Ltd.PIIND	Chemicals	−₹7.0 cr+11.5% shares	708.07K	0.6%	+₹168 cr	Increased
Billionbrains Garage Ventures Ltd.GROWW	Financial Services	−₹2.0 cr0.0% shares	8.62M	0.5%	+₹166 cr	Unchanged
Jubilant Pharmova Ltd.JUBLPHARMA	Healthcare	−₹10.0 cr0.0% shares	1.87M	0.5%	+₹165 cr	Unchanged
UltraTech Cement Ltd.ULTRACEMCO	Construction Materials	−₹6.6 cr0.0% shares	145.00K	0.5%	+₹166 cr	Unchanged
Indigo Paints LimitedINDIGOPNTS	Consumer Durables	+₹4.4 cr0.0% shares	1.07M	0.4%	+₹123 cr	Unchanged
Ashoka Buildcon LimitedASHOKA	Construction	−₹1.3 cr−0.4% shares	9.73M	0.4%	+₹117 cr	Reduced
MphasiS Ltd.MPHASIS	Information Technology	−₹176 cr−63.0% shares	451.00K	0.4%	+₹109 cr	Reduced
Navneet Education LimitedNAVNETEDUL	Consumer Services	+₹39.4 L0.0% shares	7.72M	0.3%	+₹104 cr	Unchanged
Reliance Industries Ltd.RELIANCE	Oil Gas & Consumable Fuels	−₹1.8 cr0.0% shares	600.00K	0.3%	+₹76.6 cr	Unchanged
JNK India LimitedJNKINDIA	Capital Goods	−₹55.8 L0.0% shares	1.47M	0.2%	+₹63.7 cr	Unchanged
Orchid Pharma LimitedORCHPHARMA	Healthcare	−₹41.4 L0.0% shares	264.31K	0.1%	+₹25.7 cr	Unchanged
Isgec Heavy Engineering LimitedISGEC	Capital Goods	−₹20.3 cr−100.0% shares	0	—	₹0	Exited
Juniper Hotels LimitedJUNIPER	Consumer Services	−₹10.0 cr−100.0% shares	0	—	₹0	Exited
Oil India Ltd.OIL	Oil Gas & Consumable Fuels	−₹172 cr−100.0% shares	0	—	₹0	Exited
Tech Mahindra Ltd.TECHM	Information Technology	−₹182 cr−100.0% shares	0	—	₹0	Exited

Kotak Multicap Fund

Compare this fund across any time range

Compare this fund across any time range

Latest changes

Compare this fund across any time range

Open every stock and fund page

What changed?

Compare this fund across any time range

Institutional Conviction

Analyse conviction across different time ranges

Top accumulating

Top reducing

Institutional Conviction

Capital Rotation

Analyse capital rotation across different time ranges

Intersector Rotation

Intrasector Rotation — Financial Services

Capital Rotation

Current portfolio

Compare this fund across any time range

Capital Rotation

Analyse capital rotation across different time ranges

Intersector Rotation

Intrasector Rotation — Financial Services

Institutional Conviction

Analyse conviction across different time ranges

Top accumulating

Top reducing