Kotak Large Cap Fund
This is the Direct plan of Kotak Large Cap Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
★★★★☆4/5 vs 30 of 34 Large Cap Fund peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Large Cap Fund (same plan and option). 30 of the 34 Large Cap Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +8.81% · ranks 17 of 30 Large Cap Funds
Volatility 13.2% vs 13.5% category avg
0.8% expense vs 1.2% category avg
99% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Low expense ratio (0.76%) vs the Large Cap Fund average of 1.16%
- Consistent — positive in 99% of rolling 3-year windows
Concerns
- Trails the Large Cap Fund average on 1M/3M/6M/1Y — 1Y by 1.69pp
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Large Cap Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -6.24% | -5.73% | -0.51% |
| 3M abs | -5.32% | -4.26% | -1.06% |
| 6M abs | +2.06% | +3.86% | -1.80% |
| 1Y CAGR | -5.81% | -4.12% | -1.69% |
| 3Y CAGR | +8.81% | +8.95% | -0.14% |
| 5Y CAGR | +8.32% | +8.21% | +0.11% |
Category average across peers in Large Cap Fund (up to 34 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 34 peers in Large Cap Fund
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into Kotak Large Cap Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | Nifty 100 TRI | Diff | |
|---|---|---|---|---|
| 2026part | -10.04% | -10.54% | +0.50% | |
| 2025 | +9.95% | +10.40% | -0.45% | |
| 2024 | +17.61% | +13.11% | +4.50% | |
| 2023 | +24.44% | +21.72% | +2.72% | |
| 2022 | +3.28% | +5.03% | -1.75% | |
| 2021 | +29.30% | +26.41% | +2.89% | |
| 2020 | +17.71% | +16.49% | +1.22% | |
| 2019 | +15.43% | +11.77% | +3.66% | |
| 2018 | -0.96% | +2.35% | -3.31% | |
| 2017 | +30.88% | +32.57% | -1.69% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity95.76%
- Cash & Equivalents3.05%
- Other1.19%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹10,569Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
Kotak Mahindra Mutual Fund is run by Kotak Mahindra Asset Management, part of the Kotak Mahindra Bank group, and has been in the business since 1998. It was the first Indian fund house to launch a dedicated gilt scheme, and today runs one of the country's larger equity and debt line-ups.
Fund Managers
RTRohit TandonManaging since 22 Jan 2024
Equity Fund Manager
B.E.(Mechanical) Punjab University Chandigarh & PGDM (IIM Bangalore)
Mr. Rohit has over 19 years of experience in equity research & and fund management. Prior to joining KMAMC he was the Head (Equities) at Reliance Nippon Life Insurance. Before that he has worked with Max Life Insurance as Senior Fund Manager (Equities) for 14 years. He has also worked as a sell-side analyst in Power, Infrastructure & Capital Goods sectors in JP Morgan India for
Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
Kotak Mahindra in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
Kotak Mahindra MF introduces Nifty 500 Index Fund
Investment Guru India · 3h ago
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Mutual funds now offer nearly 2,000 schemes; passive funds account for one-third of the shelf
Cafemutual · 2d ago
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ClearTax · 3d ago
Kotak Multi Sector Omni FOF - Direct (G)
Multibagg AI · 3d ago
Avalon Tech block deal: Promoters divest 6% stake worth Rs 871 crore
inkl · 5d ago
TPG sells Rs 114 crore Shadowfax shares; Kotak Mahindra AMC buys 3.59% stake in Avalon Technologies
Moneycontrol.com · 5d ago
Avalon Technologies Promoters Dilute 6% Stake for Rs 871 Cr
Rediff MoneyWiz · 5d ago
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Large Cap funds
Large cap funds invest mainly in India's 100 biggest listed companies. They tend to be steadier than mid- and small-cap funds, with more modest but more dependable growth.
From the blog
Frequently asked questions
What is the NAV of Kotak Large Cap Fund?
As of 01 Oct 2026, the NAV of Kotak Large Cap Fund is ₹618.68 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Kotak Large Cap Fund delivered?
Kotak Large Cap Fund has returned -5.81% over 1 year, +8.81% per year over 3 years, +8.32% per year over 5 years and +13.26% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Kotak Large Cap Fund?
Kotak Large Cap Fund charges an expense ratio of 0.76% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of Kotak Large Cap Fund?
Kotak Large Cap Fund's largest holdings are ICICI BANK LTD. (8.2%), RELIANCE INDUSTRIES LTD. (6.0%), HDFC BANK LTD. (5.9%), STATE BANK OF INDIA. (4.8%) and Larsen and Toubro Ltd. (4.1%). Holdings are disclosed monthly and change over time.
How risky is Kotak Large Cap Fund?
Kotak Large Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.2% and its worst peak-to-trough fall in our sample was -36.9%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 0.17 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Kotak Large Cap Fund's 0.17 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of Kotak Large Cap Fund?
Kotak Large Cap Fund is benchmarked against the Nifty 100 TRI. Its alpha and beta on this page are measured against that index.
Who manages Kotak Large Cap Fund?
Kotak Large Cap Fund is managed by Rohit Tandon at Kotak Mahindra.
How is Kotak Large Cap Fund taxed?
Kotak Large Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.