What stocks does Kotak Midcap Fund hold?

Kotak Midcap 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 Midcap Fund?

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

What category is Kotak Midcap Fund?

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

How often is Kotak Midcap Fund portfolio data updated?

Portfolio holdings for Kotak Midcap 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 Midcap Fund - Direct Plan - Growth

Mid Cap Data as of May 2026 Comparing Apr 2026 → May 2026

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Stocks Held

May 2026

Equity Holdings

₹60,309.76 Cr

Equity only, excl. debt & cash

Top 5 Weight

16.9%

Diversified

Top 10 Weight

29.0%

Diversified

Changes

1 new · 1 exits

Top Sector

Finance

11.7% of portfolio

📋 What Happened This Month Kotak Midcap Fund made 1 new addition and exited 1 stock this month. The biggest new buy was Apollo Hospitals Enterprise Limited (Healthcare Services) at 0.57% weight. Polycab India Limited was the biggest exit (Industrial Products), which was held at 0.43%. Among existing holdings, Voltas Limited saw the biggest increase — now at 1.00% of the portfolio. GE Vernova T&D India Limited was trimmed the most, now at 4.22%. GE Vernova T&D India Limited remains the top holding with Finance the dominant sector at 11.7%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Kotak Midcap Fund - Direct Plan - Growth

+3.09%

+16.06%

+6.69%

+8.37%

Latest NAV

₹169.11

24 Jun 2026

52W High

₹170.00

-1% from High

52W Low

₹125.42

+35% from Low

Calendar Year Returns

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

2025

+2.9%

2024

+35.0%

2023

+33.0%

2022

+6.4%

2021

+49.2%

2020

+23.5%

2019

+10.2%

2018

-10.7%

2017

+45.0%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

22.3%

+ve in 86% windows

110.8% / -25.3%

3Y Rolling Avg

20.7% p.a.

+ve in 97% windows

41.0% / -4.1%

5Y Rolling Avg

22.5% p.a.

+ve in 100% windows

36.6% / 12.9%

Crisis Period Behaviour

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

2024–25 Tariff

-20.9%

Rec: Jul 2025 (7 mo)

COVID-19 Crash

-35.5%

Rec: Nov 2020 (11 mo)

2022 Rate Hike

-15.5%

Rec: Aug 2022 (3 mo)

2018 IL&FS

-16.6%

Rec: Nov 2019 (1yr 7mo)

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. What do these mean? →

Sharpe Ratio (3Y)

1.10

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.52

Penalises downside volatility only.

Std Deviation (3Y)

15.8%

Lower = more consistent returns.

NAV Chart ₹169.11 24 Jun 2026

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

Kotak Midcap Fund - Direct Plan - Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹169.11

Sector Shift Industry allocation month-over-month

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Finance	10.8%	12.0%	▲ +1.1%
Healthcare Services	7.2%	7.3%	▲ +0.1%
Electrical Equipment	7.3%	7.1%	▼ -0.3%
Banks	6.4%	6.7%	▲ +0.3%
Auto Components	7.0%	6.5%	▼ -0.5%
Retailing	4.3%	6.5%	▲ +2.2%
Capital Markets	5.1%	5.7%	▲ +0.6%
IT - Software	6.8%	5.5%	▼ -1.3%
Chemicals & Petrochemicals	4.9%	5.1%	▲ +0.3%
Pharmaceuticals & Biotechnology	5.6%	5.1%	▼ -0.5%

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Finance	12.0%	11.7%	▼ -0.3%
Healthcare Services	7.3%	7.9%	▲ +0.7%
Banks	6.7%	7.3%	▲ +0.6%
Retailing	6.5%	7.0%	▲ +0.6%
Auto Components	6.5%	6.5%	● -0.1%
Electrical Equipment	7.1%	6.4%	▼ -0.6%
Consumer Durables	4.8%	5.6%	▲ +0.9%
Capital Markets	5.7%	5.4%	▼ -0.3%
IT - Software	5.5%	5.4%	▼ -0.1%
Chemicals & Petrochemicals	5.1%	5.3%	▲ +0.2%

🟢

Biggest New Buy

Apollo Hospitals Enterprise Limited

0.57% weight · Healthcare Services

🔴

Biggest Exit

Polycab India Limited

0.43% was held · Industrial Products

↑

Biggest Add

Voltas Limited

+0.99% · now 1.00%

↓

Biggest Trim

GE Vernova T&D India Limited

-0.67% · now 4.22%

🤝 Other funds also bought this month

Apollo Hospitals Enterprise Limited 25 funds

👋 Other funds also exited

Polycab India Limited 2 funds

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

🟢 1 New Entry 🔴 1 Exit ↑ 26 Increased ↓ 33 Decreased

#	Stock	Sector	Weight (May 2026)
1	Apollo Hospitals Enterprise Limited ₹367.26 Cr	Healthcare Services	0.57%

#	Stock	Sector	Last Weight (Apr 2026)
1	Polycab India Limited ₹275.31 Cr	Industrial Products	0.43%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Voltas Limited ₹646.54 Cr	Consumer Durables	0.01%	1.00%	+0.99%
2	The Federal Bank Limited ₹1,388.49 Cr	Banks	1.59%	2.14%	+0.55%
3	Eternal Limited ₹1,322.06 Cr	Retailing	1.70%	2.04%	+0.34%
4	Vishal Mega Mart Limited ₹1,731.02 Cr	Retailing	2.34%	2.67%	+0.33%
5	Nuvama Wealth Management Limited ₹1,014.40 Cr	Capital Markets	1.25%	1.57%	+0.32%
6	L&T Finance Limited ₹1,471.66 Cr	Finance	2.05%	2.27%	+0.22%
7	KEI Industries Limited ₹1,930.11 Cr	Industrial Products	2.80%	2.98%	+0.18%
8	Global Health Limited ₹1,056.23 Cr	Healthcare Services	1.48%	1.63%	+0.15%
9	Solar Industries India Limited ₹1,648.72 Cr	Chemicals & Petrochemicals	2.42%	2.55%	+0.13%
10	Bank of Maharashtra ₹1,359.36 Cr	Banks	1.97%	2.10%	+0.13%
11	Nippon Life India Asset Management Limited ₹1,046.12 Cr	Capital Markets	1.51%	1.62%	+0.11%
12	SRF Limited ₹1,101.94 Cr	Chemicals & Petrochemicals	1.61%	1.70%	+0.09%
13	Persistent Systems Limited ₹1,048.84 Cr	IT - Software	1.53%	1.62%	+0.09%
14	PI Industries Limited ₹86.58 Cr	Fertilizers & Agrochemicals	0.06%	0.13%	+0.07%
15	JB Chemicals & Pharmaceuticals Limited ₹1,044.01 Cr	Pharmaceuticals & Biotechnology	1.55%	1.61%	+0.06%
16	Max Financial Services Limited ₹953.10 Cr	Insurance	1.42%	1.47%	+0.05%
17	Hindustan Petroleum Corporation Limited ₹910.38 Cr	Petroleum Products	1.36%	1.41%	+0.05%
18	Apar Industries Limited ₹1,434.78 Cr	Electrical Equipment	2.18%	2.22%	+0.04%
19	Schaeffler India Limited ₹1,240.73 Cr	Auto Components	1.88%	1.92%	+0.04%
20	Avanti Feeds Limited ₹777.69 Cr	Food Products	1.16%	1.20%	+0.04%
21	Dixon Technologies (India) Limited ₹1,358.62 Cr	Consumer Durables	2.07%	2.10%	+0.03%
22	Bharat Forge Limited ₹827.09 Cr	Auto Components	1.25%	1.28%	+0.03%
23	Aster DM Healthcare Limited ₹579.29 Cr	Healthcare Services	0.87%	0.89%	+0.02%
24	Oracle Financial Services Software Limited ₹33.11 Cr	IT - Software	0.04%	0.05%	+0.01%
25	Metro Brands Limited ₹783.01 Cr	Consumer Durables	1.20%	1.21%	+0.01%
26	Rubicon Research Limited ₹379.96 Cr	Pharmaceuticals & Biotechnology	0.58%	0.59%	+0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	GE Vernova T&D India Limited ₹2,731.16 Cr	Electrical Equipment	4.89%	4.22%	-0.67%
2	BSE Limited ₹902.82 Cr	Capital Markets	2.04%	1.39%	-0.65%
3	Coromandel International Limited ₹1,004.60 Cr	Fertilizers & Agrochemicals	1.79%	1.55%	-0.24%
4	Blue Star Limited ₹840.76 Cr	Consumer Durables	1.48%	1.30%	-0.18%
5	Birlasoft Limited ₹591.88 Cr	IT - Software	1.08%	0.91%	-0.17%
6	Bharat Electronics Limited ₹1,379.62 Cr	Aerospace & Defense	2.28%	2.13%	-0.15%
7	Dalmia Bharat Limited ₹811.14 Cr	Cement & Cement Products	1.39%	1.25%	-0.14%
8	Swiggy Limited ₹1,066.84 Cr	Retailing	1.76%	1.65%	-0.11%
9	Oberoi Realty Limited ₹33.80 Cr	Realty	0.15%	0.05%	-0.10%
10	Power Finance Corporation Limited ₹1,058.70 Cr	Finance	1.74%	1.64%	-0.10%
11	Techno Electric & Engineering Company Limited ₹274.55 Cr	Construction	0.51%	0.42%	-0.09%
12	Indian Bank ₹1,535.93 Cr	Banks	2.45%	2.37%	-0.08%
13	JK Cement Limited ₹1,254.69 Cr	Cement & Cement Products	2.02%	1.94%	-0.08%
14	IPCA Laboratories Limited ₹1,882.34 Cr	Pharmaceuticals & Biotechnology	2.98%	2.91%	-0.07%
15	Piramal Finance Ltd ₹765.82 Cr	Finance	1.25%	1.18%	-0.07%
16	Poonawalla Fincorp Limited ₹753.22 Cr	Finance	1.23%	1.16%	-0.07%
17	Cholamandalam Investment and Finance Company Ltd ₹1,073.99 Cr	Finance	1.72%	1.66%	-0.06%
18	MRF Limited ₹594.51 Cr	Auto Components	0.98%	0.92%	-0.06%
19	India Shelter Finance Corporation Limited ₹560.36 Cr	Finance	0.93%	0.87%	-0.06%
20	Home First Finance Company India Limited ₹407.00 Cr	Finance	0.69%	0.63%	-0.06%
21	Fortis Healthcare Limited ₹2,608.74 Cr	Healthcare Services	4.08%	4.03%	-0.05%
22	Mphasis Limited ₹1,803.37 Cr	IT - Software	2.84%	2.79%	-0.05%
23	Prudent Corporate Advisory Services Limited ₹519.10 Cr	Capital Markets	0.85%	0.80%	-0.05%
24	REC Limited ₹445.07 Cr	Finance	0.74%	0.69%	-0.05%
25	Deepak Nitrite Limited ₹686.13 Cr	Chemicals & Petrochemicals	1.10%	1.06%	-0.04%
26	Ratnamani Metals & Tubes Ltd. ₹483.76 Cr	Industrial Products	0.79%	0.75%	-0.04%
27	Jindal Steel Limited ₹622.57 Cr	Ferrous Metals	0.99%	0.96%	-0.03%
28	Max Healthcare Institute Limited ₹515.24 Cr	Healthcare Services	0.83%	0.80%	-0.03%
29	Apollo Tyres Limited ₹437.98 Cr	Auto Components	0.71%	0.68%	-0.03%
30	United Spirits Limited ₹228.81 Cr	Beverages	0.38%	0.35%	-0.03%
31	UNO Minda Limited ₹548.59 Cr	Auto Components	0.87%	0.85%	-0.02%
32	ZF Commercial Vehicle Control Systems India Limited ₹527.28 Cr	Auto Components	0.83%	0.81%	-0.02%
33	Bharti Hexacom Limited ₹1,139.71 Cr	Telecom - Services	1.77%	1.76%	-0.01%

What Stocks Does This Fund Hold?

64 stocks — May 2026

#	Stock	Sector	Weight & Value
1	GE Vernova T&D India Limited ₹2,731.16 Cr	Electrical Equipment	4.22%
2	Fortis Healthcare Limited ₹2,608.74 Cr	Healthcare Services	4.03%
3	KEI Industries Limited ₹1,930.11 Cr	Industrial Products	2.98%
4	IPCA Laboratories Limited ₹1,882.34 Cr	Pharmaceuticals & Biotechnology	2.91%
5	Mphasis Limited ₹1,803.37 Cr	IT - Software	2.79%
6	Vishal Mega Mart Limited ₹1,731.02 Cr	Retailing	2.67%
7	Solar Industries India Limited ₹1,648.72 Cr	Chemicals & Petrochemicals	2.55%
8	Indian Bank ₹1,535.93 Cr	Banks	2.37%
9	L&T Finance Limited ₹1,471.66 Cr	Finance	2.27%
10	Apar Industries Limited ₹1,434.78 Cr	Electrical Equipment	2.22%
11	The Federal Bank Limited ₹1,388.49 Cr	Banks	2.14%
12	Bharat Electronics Limited ₹1,379.62 Cr	Aerospace & Defense	2.13%
13	Bank of Maharashtra ₹1,359.36 Cr	Banks	2.10%
14	Dixon Technologies (India) Limited ₹1,358.62 Cr	Consumer Durables	2.10%
15	Eternal Limited ₹1,322.06 Cr	Retailing	2.04%
16	JK Cement Limited ₹1,254.69 Cr	Cement & Cement Products	1.94%
17	Schaeffler India Limited ₹1,240.73 Cr	Auto Components	1.92%
18	Bharti Hexacom Limited ₹1,139.71 Cr	Telecom - Services	1.76%
19	SRF Limited ₹1,101.94 Cr	Chemicals & Petrochemicals	1.70%
20	Cholamandalam Investment and Finance Company Ltd ₹1,073.99 Cr	Finance	1.66%
21	Swiggy Limited ₹1,066.84 Cr	Retailing	1.65%
22	Power Finance Corporation Limited ₹1,058.70 Cr	Finance	1.64%
23	Global Health Limited ₹1,056.23 Cr	Healthcare Services	1.63%
24	Persistent Systems Limited ₹1,048.84 Cr	IT - Software	1.62%
25	Nippon Life India Asset Management Limited ₹1,046.12 Cr	Capital Markets	1.62%
26	JB Chemicals & Pharmaceuticals Limited ₹1,044.01 Cr	Pharmaceuticals & Biotechnology	1.61%
27	HDB Financial Services Limited ₹1,040.53 Cr	Finance	1.61%
28	Nuvama Wealth Management Limited ₹1,014.40 Cr	Capital Markets	1.57%
29	Coromandel International Limited ₹1,004.60 Cr	Fertilizers & Agrochemicals	1.55%
30	Max Financial Services Limited ₹953.10 Cr	Insurance	1.47%
31	Hindustan Petroleum Corporation Limited ₹910.38 Cr	Petroleum Products	1.41%
32	BSE Limited ₹902.82 Cr	Capital Markets	1.39%
33	Blue Star Limited ₹840.76 Cr	Consumer Durables	1.30%
34	Bharat Forge Limited ₹827.09 Cr	Auto Components	1.28%
35	Dalmia Bharat Limited ₹811.14 Cr	Cement & Cement Products	1.25%
36	Metro Brands Limited ₹783.01 Cr	Consumer Durables	1.21%
37	Avanti Feeds Limited ₹777.69 Cr	Food Products	1.20%
38	Piramal Finance Ltd ₹765.82 Cr	Finance	1.18%
39	ICICI Lombard General Insurance Company Limited ₹763.85 Cr	Insurance	1.18%
40	Poonawalla Fincorp Limited ₹753.22 Cr	Finance	1.16%
41	Deepak Nitrite Limited ₹686.13 Cr	Chemicals & Petrochemicals	1.06%
42	Voltas Limited ₹646.54 Cr	Consumer Durables	1.00%
43	Jindal Steel Limited ₹622.57 Cr	Ferrous Metals	0.96%
44	MRF Limited ₹594.51 Cr	Auto Components	0.92%
45	Birlasoft Limited ₹591.88 Cr	IT - Software	0.91%
46	Aster DM Healthcare Limited ₹579.29 Cr	Healthcare Services	0.89%
47	India Shelter Finance Corporation Limited ₹560.36 Cr	Finance	0.87%
48	UNO Minda Limited ₹548.59 Cr	Auto Components	0.85%
49	ZF Commercial Vehicle Control Systems India Limited ₹527.28 Cr	Auto Components	0.81%
50	Prudent Corporate Advisory Services Limited ₹519.10 Cr	Capital Markets	0.80%
51	Max Healthcare Institute Limited ₹515.24 Cr	Healthcare Services	0.80%
52	Ratnamani Metals & Tubes Ltd. ₹483.76 Cr	Industrial Products	0.75%
53	Bank of Baroda ₹453.47 Cr	Banks	0.70%
54	REC Limited ₹445.07 Cr	Finance	0.69%
55	Apollo Tyres Limited ₹437.98 Cr	Auto Components	0.68%
56	Lenskart Solutions Limited ₹420.67 Cr	Retailing	0.65%
57	Home First Finance Company India Limited ₹407.00 Cr	Finance	0.63%
58	Rubicon Research Limited ₹379.96 Cr	Pharmaceuticals & Biotechnology	0.59%
59	Apollo Hospitals Enterprise Limited ₹367.26 Cr	Healthcare Services	0.57%
60	Techno Electric & Engineering Company Limited ₹274.55 Cr	Construction	0.42%
61	United Spirits Limited ₹228.81 Cr	Beverages	0.35%
62	PI Industries Limited ₹86.58 Cr	Fertilizers & Agrochemicals	0.13%
63	Oberoi Realty Limited ₹33.80 Cr	Realty	0.05%
64	Oracle Financial Services Software Limited ₹33.11 Cr	IT - Software	0.05%