What stocks does Kotak Flexicap Fund hold?

Kotak Flexicap Fund holds a portfolio of Indian equity stocks disclosed monthly by Kotak Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages Kotak Flexicap Fund?

Kotak Flexicap Fund is managed by Kotak Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is Kotak Flexicap Fund?

Kotak Flexicap Fund is classified as a Flexi Cap mutual fund under SEBI's mutual fund categorisation framework.

How often is Kotak Flexicap Fund portfolio data updated?

Portfolio holdings for Kotak Flexicap Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

← Kotak Mutual Fund

Kotak Flexicap Fund - Growth - Direct

Flexi Cap Data as of Sep 2026 Comparing Aug 2026 → Sep 2026

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Stocks Held

Sep 2026

Equity Holdings

₹52,310.23 Cr

Equity only, excl. debt & cash

AAUM

₹54,881.03 Cr

Jul-Sep 2026 · Direct + Regular

Top 5 Weight

24.6%

Diversified

Top 10 Weight

42.2%

Moderate

Changes

0 new · 2 exits

Top Sector

Banks

22.8% of portfolio

Launch Date

22 Jul 2009

10+ year track record

AAUM (Average Assets Under Management) of ₹54,881.03 Cr for Jul-Sep 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month Kotak Flexicap Fund exited 2 stocks from its portfolio this month. Tata Consultancy Services Limited was the biggest exit (IT - Software), which was held at 0.77%. Among existing holdings, Lenskart Solutions Limited saw the biggest increase — now at 2.08% of the portfolio. Axis Bank Limited was trimmed the most, now at 3.35%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 22.8%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Kotak Flexicap Fund - Growth - Direct

-4.88%

-6.66%

-5.93%

-8.68%

Latest NAV

₹89.75

23 Oct 2026

52W High

₹101.16

-11% from High

52W Low

₹86.83

+3% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+10.4%

2024

+17.5%

2023

+25.3%

2022

+6.0%

2021

+26.6%

2020

+12.9%

2019

+13.4%

2018

+0.2%

2017

+35.9%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

16.5%

+ve in 88% windows

85.5% / -27.6%

3Y Rolling Avg

15.5% p.a.

+ve in 99% windows

32.1% / -3.5%

5Y Rolling Avg

16.1% p.a.

+ve in 100% windows

28.4% / 9.3%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-16.2%

Rec: Jun 2025 (5 mo)

COVID-19 Crash

-36.9%

Rec: Nov 2020 (11 mo)

2022 Rate Hike

-17.4%

Rec: Sep 2022 (4 mo)

2018 IL&FS

-15.0%

Rec: Apr 2019 (7 mo)

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)

0.20

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.28

Penalises downside volatility only.

Std Deviation (3Y)

14.5%

Lower = more consistent returns.

NAV Chart ₹89.75 23 Oct 2026

Simple Moving Avg: Click to draw · click again to remove

Kotak Flexicap Fund - Growth - Direct

Chart shows indexed performance (base = 100). Actual NAV: ₹89.75

Sector Shift Industry allocation month-over-month

Jul 2026 → Aug 2026

Sector	Prev	Curr ▼	Delta
Banks	23.1%	23.2%	▲ +0.2%
Chemicals & Petrochemicals	6.7%	6.8%	▲ +0.2%
Pharmaceuticals & Biotechnology	5.2%	6.2%	▲ +1.0%
Aerospace & Defense	5.1%	5.4%	▲ +0.3%
Retailing	4.6%	5.0%	▲ +0.4%
Cement & Cement Products	5.4%	4.9%	▼ -0.5%
Auto Components	4.7%	4.5%	▼ -0.2%
Ferrous Metals	3.7%	4.0%	▲ +0.3%
Automobiles	4.0%	3.9%	▼ -0.1%
IT - Software	4.2%	3.9%	▼ -0.3%

Aug 2026 → Sep 2026

Sector	Prev	Curr ▼	Delta
Banks	23.2%	22.8%	▼ -0.4%
Chemicals & Petrochemicals	6.8%	7.0%	▲ +0.2%
Retailing	5.0%	6.5%	▲ +1.5%
Pharmaceuticals & Biotechnology	6.2%	6.4%	▲ +0.3%
Aerospace & Defense	5.4%	5.3%	● -0.1%
Cement & Cement Products	4.9%	4.9%	● +0.0%
Auto Components	4.5%	4.4%	● -0.1%
Ferrous Metals	4.0%	4.1%	● +0.0%
Finance	3.5%	3.8%	▲ +0.3%
Telecom - Services	3.7%	3.8%	● +0.1%

🔴

Biggest Exit

Tata Consultancy Services Limited

0.77% was held · IT - Software

↑

Biggest Add

Lenskart Solutions Limited

+1.38% · now 2.08%

↓

Biggest Trim

Axis Bank Limited

-0.34% · now 3.35%

👋 Other funds also exited

Tata Consultancy Services Limited 34 funds

Hindustan Unilever Limited 21 funds

What Changed in the Portfolio This Month?

Comparing Aug 2026 → Sep 2026

Aug 2026 → Sep 2026

🔴 2 Exits ↑ 24 Increased ↓ 27 Decreased

#	Stock	Sector	Last Weight (Aug 2026)
1	Tata Consultancy Services Limited ₹431.87 Cr	IT - Software	0.77%
2	Hindustan Unilever Limited ₹413.15 Cr	Diversified FMCG	0.73%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	Lenskart Solutions Limited ₹1,102.25 Cr	Retailing	0.70%	2.08%	+1.38%
2	Piramal Finance Ltd ₹367.90 Cr	Finance	0.29%	0.69%	+0.40%
3	HDFC Bank Limited ₹2,799.37 Cr	Banks	4.97%	5.27%	+0.30%
4	Krishna Institute Of Medical Sciences Limited ₹320.95 Cr	Healthcare Services	0.44%	0.60%	+0.16%
5	Eternal Limited ₹2,240.00 Cr	Retailing	4.07%	4.22%	+0.15%
6	Solar Industries India Limited ₹1,970.00 Cr	Chemicals & Petrochemicals	3.57%	3.71%	+0.14%
7	Zydus Lifesciences Limited ₹1,209.83 Cr	Pharmaceuticals & Biotechnology	2.14%	2.28%	+0.14%
8	Bharti Airtel Limited ₹1,528.59 Cr	Telecom - Services	2.80%	2.88%	+0.08%
9	Kotak Mahindra Bank Limited ₹771.45 Cr	Banks	1.38%	1.45%	+0.07%
10	SRF Limited ₹1,532.95 Cr	Chemicals & Petrochemicals	2.82%	2.89%	+0.07%
11	Ajanta Pharma Limited ₹585.54 Cr	Pharmaceuticals & Biotechnology	1.03%	1.10%	+0.07%
12	NTPC Limited ₹677.78 Cr	Power	1.22%	1.28%	+0.06%
13	BEML Limited ₹378.56 Cr	Agricultural, Commercial & Construction Vehicles	0.65%	0.71%	+0.06%
14	UltraTech Cement Limited ₹1,506.45 Cr	Cement & Cement Products	2.79%	2.84%	+0.05%
15	Power Grid Corporation of India Limited ₹521.00 Cr	Power	0.93%	0.98%	+0.05%
16	Hero MotoCorp Limited ₹1,048.20 Cr	Automobiles	1.93%	1.97%	+0.04%
17	Jindal Steel Limited ₹2,156.31 Cr	Ferrous Metals	4.02%	4.06%	+0.04%
18	Sun Pharmaceutical Industries Limited ₹1,135.38 Cr	Pharmaceuticals & Biotechnology	2.11%	2.14%	+0.03%
19	InterGlobe Aviation Limited ₹1,345.68 Cr	Transport Services	2.51%	2.53%	+0.02%
20	Cipla Limited ₹471.10 Cr	Pharmaceuticals & Biotechnology	0.87%	0.89%	+0.02%
21	Torrent Power Limited ₹140.16 Cr	Power	0.24%	0.26%	+0.02%
22	Billionbrains Garage Ventures Ltd ₹606.90 Cr	Capital Markets	1.12%	1.14%	+0.02%
23	BSE Limited ₹958.52 Cr	Capital Markets	1.80%	1.81%	+0.01%
24	Indus Towers Limited ₹485.16 Cr	Telecom - Services	0.90%	0.91%	+0.01%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	Axis Bank Limited ₹1,777.70 Cr	Banks	3.69%	3.35%	-0.34%
2	ICICI Bank Limited ₹2,907.74 Cr	Banks	5.67%	5.48%	-0.19%
3	Larsen & Toubro Limited ₹1,880.00 Cr	Construction	3.73%	3.54%	-0.19%
4	State Bank of India ₹2,283.61 Cr	Banks	4.47%	4.30%	-0.17%
5	Infosys Limited ₹851.83 Cr	IT - Software	1.72%	1.60%	-0.12%
6	Maruti Suzuki India Limited ₹957.36 Cr	Automobiles	1.92%	1.80%	-0.12%
7	Thermax Limited ₹737.80 Cr	Electrical Equipment	1.50%	1.39%	-0.11%
8	IndusInd Bank Limited ₹676.05 Cr	Banks	1.35%	1.27%	-0.08%
9	Bajaj Finance Limited ₹1,055.34 Cr	Finance	2.06%	1.99%	-0.07%
10	Shriram Finance Limited ₹589.62 Cr	Finance	1.18%	1.11%	-0.07%
11	Bharat Forge Limited ₹1,271.16 Cr	Auto Components	2.46%	2.39%	-0.07%
12	Bharat Electronics Limited ₹2,834.59 Cr	Aerospace & Defense	5.40%	5.34%	-0.06%
13	Bharat Petroleum Corporation Limited ₹545.76 Cr	Petroleum Products	1.09%	1.03%	-0.06%
14	Max Financial Services Limited ₹370.82 Cr	Insurance	0.75%	0.70%	-0.05%
15	360 One WAM Limited ₹319.30 Cr	Capital Markets	0.65%	0.60%	-0.05%
16	Dalmia Bharat Limited ₹454.60 Cr	Cement & Cement Products	0.89%	0.86%	-0.03%
17	AIA Engineering Limited ₹414.95 Cr	Industrial Products	0.81%	0.78%	-0.03%
18	United Breweries Limited ₹240.31 Cr	Beverages	0.48%	0.45%	-0.03%
19	Reliance Industries Limited ₹1,187.00 Cr	Petroleum Products	2.26%	2.24%	-0.02%
20	AU Small Finance Bank Limited ₹899.17 Cr	Banks	1.71%	1.69%	-0.02%
21	Tech Mahindra Limited ₹716.28 Cr	IT - Software	1.36%	1.35%	-0.01%
22	Swiggy Limited ₹96.57 Cr	Retailing	0.19%	0.18%	-0.01%
23	Coromandel International Limited ₹263.73 Cr	Fertilizers & Agrochemicals	0.51%	0.50%	-0.01%
24	Balkrishna Industries Limited ₹359.89 Cr	Auto Components	0.69%	0.68%	-0.01%
25	Apollo Tyres Limited ₹226.63 Cr	Auto Components	0.44%	0.43%	-0.01%
26	The Ramco Cements Limited ₹634.16 Cr	Cement & Cement Products	1.20%	1.19%	-0.01%
27	Manipal Health Enterprises Ltd ₹240.69 Cr	Healthcare Services	0.46%	0.45%	-0.01%

What Stocks Does This Fund Hold?

55 stocks — Sep 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹2,907.74 Cr	Banks	5.48%
2	Bharat Electronics Limited ₹2,834.59 Cr	Aerospace & Defense	5.34%
3	HDFC Bank Limited ₹2,799.37 Cr	Banks	5.27%
4	State Bank of India ₹2,283.61 Cr	Banks	4.30%
5	Eternal Limited ₹2,240.00 Cr	Retailing	4.22%
6	Jindal Steel Limited ₹2,156.31 Cr	Ferrous Metals	4.06%
7	Solar Industries India Limited ₹1,970.00 Cr	Chemicals & Petrochemicals	3.71%
8	Larsen & Toubro Limited ₹1,880.00 Cr	Construction	3.54%
9	Axis Bank Limited ₹1,777.70 Cr	Banks	3.35%
10	SRF Limited ₹1,532.95 Cr	Chemicals & Petrochemicals	2.89%
11	Bharti Airtel Limited ₹1,528.59 Cr	Telecom - Services	2.88%
12	UltraTech Cement Limited ₹1,506.45 Cr	Cement & Cement Products	2.84%
13	InterGlobe Aviation Limited ₹1,345.68 Cr	Transport Services	2.53%
14	Bharat Forge Limited ₹1,271.16 Cr	Auto Components	2.39%
15	Zydus Lifesciences Limited ₹1,209.83 Cr	Pharmaceuticals & Biotechnology	2.28%
16	Reliance Industries Limited ₹1,187.00 Cr	Petroleum Products	2.24%
17	Sun Pharmaceutical Industries Limited ₹1,135.38 Cr	Pharmaceuticals & Biotechnology	2.14%
18	Lenskart Solutions Limited ₹1,102.25 Cr	Retailing	2.08%
19	Bajaj Finance Limited ₹1,055.34 Cr	Finance	1.99%
20	Hero MotoCorp Limited ₹1,048.20 Cr	Automobiles	1.97%
21	BSE Limited ₹958.52 Cr	Capital Markets	1.81%
22	Maruti Suzuki India Limited ₹957.36 Cr	Automobiles	1.80%
23	AU Small Finance Bank Limited ₹899.17 Cr	Banks	1.69%
24	Infosys Limited ₹851.83 Cr	IT - Software	1.60%
25	Kotak Mahindra Bank Limited ₹771.45 Cr	Banks	1.45%
26	Thermax Limited ₹737.80 Cr	Electrical Equipment	1.39%
27	Petronet LNG Limited ₹739.70 Cr	Gas	1.39%
28	Tech Mahindra Limited ₹716.28 Cr	IT - Software	1.35%
29	NTPC Limited ₹677.78 Cr	Power	1.28%
30	IndusInd Bank Limited ₹676.05 Cr	Banks	1.27%
31	The Ramco Cements Limited ₹634.16 Cr	Cement & Cement Products	1.19%
32	Billionbrains Garage Ventures Ltd ₹606.90 Cr	Capital Markets	1.14%
33	Shriram Finance Limited ₹589.62 Cr	Finance	1.11%
34	Ajanta Pharma Limited ₹585.54 Cr	Pharmaceuticals & Biotechnology	1.10%
35	Bharat Petroleum Corporation Limited ₹545.76 Cr	Petroleum Products	1.03%
36	Power Grid Corporation of India Limited ₹521.00 Cr	Power	0.98%
37	Indus Towers Limited ₹485.16 Cr	Telecom - Services	0.91%
38	MRF Limited ₹476.06 Cr	Auto Components	0.90%
39	Cipla Limited ₹471.10 Cr	Pharmaceuticals & Biotechnology	0.89%
40	Dalmia Bharat Limited ₹454.60 Cr	Cement & Cement Products	0.86%
41	AIA Engineering Limited ₹414.95 Cr	Industrial Products	0.78%
42	BEML Limited ₹378.56 Cr	Agricultural, Commercial & Construction Vehicles	0.71%
43	Max Financial Services Limited ₹370.82 Cr	Insurance	0.70%
44	Piramal Finance Ltd ₹367.90 Cr	Finance	0.69%
45	Balkrishna Industries Limited ₹359.89 Cr	Auto Components	0.68%
46	Krishna Institute Of Medical Sciences Limited ₹320.95 Cr	Healthcare Services	0.60%
47	360 One WAM Limited ₹319.30 Cr	Capital Markets	0.60%
48	Coromandel International Limited ₹263.73 Cr	Fertilizers & Agrochemicals	0.50%
49	Manipal Health Enterprises Ltd ₹240.69 Cr	Healthcare Services	0.45%
50	United Breweries Limited ₹240.31 Cr	Beverages	0.45%
51	Apollo Tyres Limited ₹226.63 Cr	Auto Components	0.43%
52	Tata Chemicals Limited ₹229.29 Cr	Chemicals & Petrochemicals	0.43%
53	Godrej Consumer Products Limited ₹212.50 Cr	Personal Products	0.40%
54	Torrent Power Limited ₹140.16 Cr	Power	0.26%
55	Swiggy Limited ₹96.57 Cr	Retailing	0.18%