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 Sep 2026 Comparing Aug 2026 → Sep 2026

Share: WhatsApp X

⌕

Stocks Held

Sep 2026

Equity Holdings

₹60,800.84 Cr

Equity only, excl. debt & cash

AAUM

₹69,235.42 Cr

Jul-Sep 2026 · Direct + Regular

Top 5 Weight

15.3%

Diversified

Top 10 Weight

27.2%

Diversified

Changes

4 new · 2 exits

Top Sector

Pharmaceuticals & Biotechnology

9.6% of portfolio

Launch Date

12 Feb 2007

10+ year track record

AAUM (Average Assets Under Management) of ₹69,235.42 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 Midcap Fund made 4 new additions and exited 2 stocks this month. The biggest new buy was Gland Pharma Limited (Pharmaceuticals & Biotechnology) at 1.60% weight. Power Finance Corporation Limited was the biggest exit (Finance), which was held at 0.69%. Among existing holdings, Metro Brands Limited saw the biggest increase — now at 1.29% of the portfolio. L&T Finance Limited was trimmed the most, now at 0.01%. IPCA Laboratories Limited remains the top holding with Pharmaceuticals & Biotechnology the dominant sector at 9.6%. ↓ 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

-9.61%

-10.25%

-7.56%

-6.11%

Latest NAV

₹150.91

23 Oct 2026

52W High

₹174.20

-13% from High

52W Low

₹138.72

+9% 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

21.8%

+ve in 86% windows

110.8% / -25.3%

3Y Rolling Avg

20.6% p.a.

+ve in 97% windows

41.0% / -4.1%

5Y Rolling Avg

22.3% 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. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)

0.43

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.60

Penalises downside volatility only.

Std Deviation (3Y)

16.1%

Lower = more consistent returns.

NAV Chart ₹150.91 23 Oct 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: ₹150.91

Sector Shift Industry allocation month-over-month

Jul 2026 → Aug 2026

Sector	Prev	Curr ▼	Delta
Finance	12.2%	11.0%	▼ -1.2%
Healthcare Services	8.3%	8.7%	▲ +0.4%
Pharmaceuticals & Biotechnology	7.3%	7.8%	▲ +0.5%
Banks	7.6%	7.8%	▲ +0.1%
Retailing	7.6%	7.4%	▼ -0.3%
Auto Components	6.7%	7.0%	▲ +0.3%
IT - Software	6.6%	6.7%	● +0.1%
Capital Markets	4.8%	6.0%	▲ +1.2%
Chemicals & Petrochemicals	4.7%	4.8%	● +0.1%
Electrical Equipment	4.3%	3.9%	▼ -0.5%

Aug 2026 → Sep 2026

Sector	Prev	Curr ▼	Delta
Pharmaceuticals & Biotechnology	7.8%	9.6%	▲ +1.8%
Healthcare Services	8.7%	8.7%	● -0.1%
Banks	7.8%	7.6%	▼ -0.1%
Finance	11.0%	7.4%	▼ -3.7%
Retailing	7.4%	7.2%	▼ -0.2%
Auto Components	7.0%	7.0%	● +0.1%
IT - Software	6.7%	6.4%	▼ -0.3%
Capital Markets	6.0%	5.4%	▼ -0.6%
Chemicals & Petrochemicals	4.8%	4.9%	▲ +0.1%
Electrical Equipment	3.9%	4.6%	▲ +0.8%

🟢

Biggest New Buy

Gland Pharma Limited

1.60% weight · Pharmaceuticals & Biotechnology

🔴

Biggest Exit

Power Finance Corporation Limited

0.69% was held · Finance

↑

Biggest Add

Metro Brands Limited

+0.22% · now 1.29%

↓

Biggest Trim

L&T Finance Limited

-2.85% · now 0.01%

🤝 Other funds also bought this month

Gland Pharma Limited 34 funds

Aditya Infotech Limited 32 funds

Molbio Diagnostics Ltd. 6 funds

Avalon Technologies Limited 5 funds

👋 Other funds also exited

BSE Limited 63 funds

Power Finance Corporation Limited 28 funds

What Changed in the Portfolio This Month?

Comparing Aug 2026 → Sep 2026

Aug 2026 → Sep 2026

🟢 4 New Entries 🔴 2 Exits ↑ 26 Increased ↓ 37 Decreased

#	Stock	Sector	Weight (Sep 2026)
1	Gland Pharma Limited ₹1,062.87 Cr	Pharmaceuticals & Biotechnology	1.60%
2	Avalon Technologies Limited ₹551.57 Cr	Electrical Equipment	0.83%
3	Molbio Diagnostics Ltd. ₹359.95 Cr	Healthcare Equipment & Supplies	0.54%
4	Aditya Infotech Limited ₹226.97 Cr	Industrial Manufacturing	0.34%

#	Stock	Sector	Last Weight (Aug 2026)
1	Power Finance Corporation Limited ₹494.41 Cr	Finance	0.69%
2	BSE Limited ₹414.08 Cr	Capital Markets	0.58%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	Metro Brands Limited ₹857.10 Cr	Consumer Durables	1.07%	1.29%	+0.22%
2	IPCA Laboratories Limited ₹2,379.47 Cr	Pharmaceuticals & Biotechnology	3.42%	3.57%	+0.15%
3	Schaeffler India Limited ₹1,574.70 Cr	Auto Components	2.22%	2.36%	+0.14%
4	Emcure Pharmaceuticals Limited ₹838.40 Cr	Pharmaceuticals & Biotechnology	1.12%	1.26%	+0.14%
5	Solar Industries India Limited ₹1,602.43 Cr	Chemicals & Petrochemicals	2.30%	2.41%	+0.11%
6	Max Healthcare Institute Limited ₹672.61 Cr	Healthcare Services	0.92%	1.01%	+0.09%
7	Billionbrains Garage Ventures Ltd ₹939.84 Cr	Capital Markets	1.32%	1.41%	+0.09%
8	ICICI Lombard General Insurance Company Limited ₹677.67 Cr	Insurance	0.94%	1.02%	+0.08%
9	Eternal Limited ₹1,145.60 Cr	Retailing	1.65%	1.72%	+0.07%
10	Bank of Maharashtra ₹1,438.98 Cr	Banks	2.09%	2.16%	+0.07%
11	Ratnamani Metals & Tubes Ltd. ₹515.03 Cr	Industrial Products	0.70%	0.77%	+0.07%
12	SRF Limited ₹1,003.22 Cr	Chemicals & Petrochemicals	1.46%	1.51%	+0.05%
13	JK Cement Limited ₹717.98 Cr	Cement & Cement Products	1.03%	1.08%	+0.05%
14	Techno Electric & Engineering Company Limited ₹256.63 Cr	Construction	0.35%	0.39%	+0.04%
15	Hindustan Petroleum Corporation Limited ₹809.83 Cr	Petroleum Products	1.19%	1.22%	+0.03%
16	GE Vernova T&D India Limited ₹1,630.88 Cr	Electrical Equipment	2.42%	2.45%	+0.03%
17	City Union Bank Limited ₹392.43 Cr	Banks	0.56%	0.59%	+0.03%
18	Poonawalla Fincorp Limited ₹873.23 Cr	Finance	1.28%	1.31%	+0.03%
19	India Shelter Finance Corporation Limited ₹466.28 Cr	Finance	0.67%	0.70%	+0.03%
20	Jindal Steel Limited ₹589.78 Cr	Ferrous Metals	0.87%	0.89%	+0.02%
21	Torrent Pharmaceuticals Limited ₹830.48 Cr	Pharmaceuticals & Biotechnology	1.23%	1.25%	+0.02%
22	Oberoi Realty Limited ₹1,405.60 Cr	Realty	2.09%	2.11%	+0.02%
23	Bharat Electronics Limited ₹1,304.21 Cr	Aerospace & Defense	1.95%	1.96%	+0.01%
24	Persistent Systems Limited ₹1,065.94 Cr	IT - Software	1.59%	1.60%	+0.01%
25	Home First Finance Company India Limited ₹422.13 Cr	Finance	0.62%	0.63%	+0.01%
26	Nuvama Wealth Management Limited ₹1,066.63 Cr	Capital Markets	1.59%	1.60%	+0.01%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	L&T Finance Limited ₹5.17 Cr	Finance	2.86%	0.01%	-2.85%
2	Blue Star Limited ₹66.24 Cr	Consumer Durables	1.09%	0.10%	-0.99%
3	PI Industries Limited ₹39.01 Cr	Fertilizers & Agrochemicals	1.03%	0.06%	-0.97%
4	KEI Industries Limited ₹1,632.39 Cr	Industrial Products	2.95%	2.45%	-0.50%
5	Oracle Financial Services Software Limited ₹995.40 Cr	IT - Software	1.65%	1.49%	-0.16%
6	The Federal Bank Limited ₹1,747.48 Cr	Banks	2.76%	2.62%	-0.14%
7	Mphasis Limited ₹1,710.48 Cr	IT - Software	2.70%	2.57%	-0.13%
8	Apar Industries Limited ₹892.58 Cr	Electrical Equipment	1.45%	1.34%	-0.11%
9	Lenskart Solutions Limited ₹562.27 Cr	Retailing	0.95%	0.84%	-0.11%
10	Indian Bank ₹1,494.02 Cr	Banks	2.34%	2.24%	-0.10%
11	Fortis Healthcare Limited ₹2,322.43 Cr	Healthcare Services	3.58%	3.49%	-0.09%
12	Swiggy Limited ₹1,034.58 Cr	Retailing	1.64%	1.55%	-0.09%
13	Cholamandalam Investment and Finance Company Ltd ₹711.76 Cr	Finance	1.15%	1.07%	-0.08%
14	Max Financial Services Limited ₹784.91 Cr	Insurance	1.26%	1.18%	-0.08%
15	Prudent Corporate Advisory Services Limited ₹597.15 Cr	Capital Markets	0.98%	0.90%	-0.08%
16	Vishal Mega Mart Limited ₹2,025.16 Cr	Retailing	3.11%	3.04%	-0.07%
17	Dixon Technologies (India) Limited ₹283.28 Cr	Consumer Durables	0.49%	0.43%	-0.06%
18	Deepak Nitrite Limited ₹624.04 Cr	Chemicals & Petrochemicals	1.00%	0.94%	-0.06%
19	Avanti Feeds Limited ₹521.72 Cr	Food Products	0.84%	0.78%	-0.06%
20	Piramal Finance Ltd ₹812.37 Cr	Finance	1.28%	1.22%	-0.06%
21	Voltas Limited ₹555.35 Cr	Consumer Durables	0.87%	0.83%	-0.04%
22	Biocon Limited ₹687.36 Cr	Pharmaceuticals & Biotechnology	1.07%	1.03%	-0.04%
23	Dalmia Bharat Limited ₹782.29 Cr	Cement & Cement Products	1.21%	1.17%	-0.04%
24	HDB Financial Services Limited ₹970.91 Cr	Finance	1.50%	1.46%	-0.04%
25	Rubicon Research Limited ₹611.88 Cr	Pharmaceuticals & Biotechnology	0.96%	0.92%	-0.04%
26	Bharat Forge Limited ₹813.91 Cr	Auto Components	1.25%	1.22%	-0.03%
27	Nippon Life India Asset Management Limited ₹1,017.41 Cr	Capital Markets	1.56%	1.53%	-0.03%
28	Bharti Hexacom Limited ₹1,331.15 Cr	Telecom - Services	2.03%	2.00%	-0.03%
29	Coromandel International Limited ₹1,007.24 Cr	Fertilizers & Agrochemicals	1.53%	1.51%	-0.02%
30	UNO Minda Limited ₹582.60 Cr	Auto Components	0.89%	0.87%	-0.02%
31	Aster DM Healthcare Limited ₹1,025.77 Cr	Healthcare Services	1.56%	1.54%	-0.02%
32	Global Health Limited ₹1,212.57 Cr	Healthcare Services	1.84%	1.82%	-0.02%
33	Apollo Hospitals Enterprise Limited ₹366.77 Cr	Healthcare Services	0.56%	0.55%	-0.01%
34	REC Limited ₹650.43 Cr	Finance	0.99%	0.98%	-0.01%
35	United Spirits Limited ₹243.95 Cr	Beverages	0.38%	0.37%	-0.01%
36	Apollo Tyres Limited ₹449.30 Cr	Auto Components	0.68%	0.67%	-0.01%
37	ZF Commercial Vehicle Control Systems India Limited ₹657.40 Cr	Auto Components	1.00%	0.99%	-0.01%

What Stocks Does This Fund Hold?

70 stocks — Sep 2026

#	Stock	Sector	Weight & Value
1	IPCA Laboratories Limited ₹2,379.47 Cr	Pharmaceuticals & Biotechnology	3.57%
2	Fortis Healthcare Limited ₹2,322.43 Cr	Healthcare Services	3.49%
3	Vishal Mega Mart Limited ₹2,025.16 Cr	Retailing	3.04%
4	The Federal Bank Limited ₹1,747.48 Cr	Banks	2.62%
5	Mphasis Limited ₹1,710.48 Cr	IT - Software	2.57%
6	KEI Industries Limited ₹1,632.39 Cr	Industrial Products	2.45%
7	GE Vernova T&D India Limited ₹1,630.88 Cr	Electrical Equipment	2.45%
8	Solar Industries India Limited ₹1,602.43 Cr	Chemicals & Petrochemicals	2.41%
9	Schaeffler India Limited ₹1,574.70 Cr	Auto Components	2.36%
10	Indian Bank ₹1,494.02 Cr	Banks	2.24%
11	Bank of Maharashtra ₹1,438.98 Cr	Banks	2.16%
12	Oberoi Realty Limited ₹1,405.60 Cr	Realty	2.11%
13	Bharti Hexacom Limited ₹1,331.15 Cr	Telecom - Services	2.00%
14	Bharat Electronics Limited ₹1,304.21 Cr	Aerospace & Defense	1.96%
15	Global Health Limited ₹1,212.57 Cr	Healthcare Services	1.82%
16	Eternal Limited ₹1,145.60 Cr	Retailing	1.72%
17	Gland Pharma Limited ₹1,062.87 Cr	Pharmaceuticals & Biotechnology	1.60%
18	Nuvama Wealth Management Limited ₹1,066.63 Cr	Capital Markets	1.60%
19	Persistent Systems Limited ₹1,065.94 Cr	IT - Software	1.60%
20	Swiggy Limited ₹1,034.58 Cr	Retailing	1.55%
21	Aster DM Healthcare Limited ₹1,025.77 Cr	Healthcare Services	1.54%
22	Nippon Life India Asset Management Limited ₹1,017.41 Cr	Capital Markets	1.53%
23	Coromandel International Limited ₹1,007.24 Cr	Fertilizers & Agrochemicals	1.51%
24	SRF Limited ₹1,003.22 Cr	Chemicals & Petrochemicals	1.51%
25	Oracle Financial Services Software Limited ₹995.40 Cr	IT - Software	1.49%
26	HDB Financial Services Limited ₹970.91 Cr	Finance	1.46%
27	Billionbrains Garage Ventures Ltd ₹939.84 Cr	Capital Markets	1.41%
28	Apar Industries Limited ₹892.58 Cr	Electrical Equipment	1.34%
29	Poonawalla Fincorp Limited ₹873.23 Cr	Finance	1.31%
30	Metro Brands Limited ₹857.10 Cr	Consumer Durables	1.29%
31	Emcure Pharmaceuticals Limited ₹838.40 Cr	Pharmaceuticals & Biotechnology	1.26%
32	Torrent Pharmaceuticals Limited ₹830.48 Cr	Pharmaceuticals & Biotechnology	1.25%
33	Piramal Finance Ltd ₹812.37 Cr	Finance	1.22%
34	Bharat Forge Limited ₹813.91 Cr	Auto Components	1.22%
35	Hindustan Petroleum Corporation Limited ₹809.83 Cr	Petroleum Products	1.22%
36	Max Financial Services Limited ₹784.91 Cr	Insurance	1.18%
37	Dalmia Bharat Limited ₹782.29 Cr	Cement & Cement Products	1.17%
38	JK Cement Limited ₹717.98 Cr	Cement & Cement Products	1.08%
39	Cholamandalam Investment and Finance Company Ltd ₹711.76 Cr	Finance	1.07%
40	Biocon Limited ₹687.36 Cr	Pharmaceuticals & Biotechnology	1.03%
41	ICICI Lombard General Insurance Company Limited ₹677.67 Cr	Insurance	1.02%
42	Max Healthcare Institute Limited ₹672.61 Cr	Healthcare Services	1.01%
43	ZF Commercial Vehicle Control Systems India Limited ₹657.40 Cr	Auto Components	0.99%
44	REC Limited ₹650.43 Cr	Finance	0.98%
45	Deepak Nitrite Limited ₹624.04 Cr	Chemicals & Petrochemicals	0.94%
46	MRF Limited ₹612.89 Cr	Auto Components	0.92%
47	Rubicon Research Limited ₹611.88 Cr	Pharmaceuticals & Biotechnology	0.92%
48	Prudent Corporate Advisory Services Limited ₹597.15 Cr	Capital Markets	0.90%
49	Jindal Steel Limited ₹589.78 Cr	Ferrous Metals	0.89%
50	UNO Minda Limited ₹582.60 Cr	Auto Components	0.87%
51	Lenskart Solutions Limited ₹562.27 Cr	Retailing	0.84%
52	Avalon Technologies Limited ₹551.57 Cr	Electrical Equipment	0.83%
53	Voltas Limited ₹555.35 Cr	Consumer Durables	0.83%
54	Avanti Feeds Limited ₹521.72 Cr	Food Products	0.78%
55	Ratnamani Metals & Tubes Ltd. ₹515.03 Cr	Industrial Products	0.77%
56	Birlasoft Limited ₹503.57 Cr	IT - Software	0.76%
57	India Shelter Finance Corporation Limited ₹466.28 Cr	Finance	0.70%
58	Apollo Tyres Limited ₹449.30 Cr	Auto Components	0.67%
59	Home First Finance Company India Limited ₹422.13 Cr	Finance	0.63%
60	City Union Bank Limited ₹392.43 Cr	Banks	0.59%
61	Apollo Hospitals Enterprise Limited ₹366.77 Cr	Healthcare Services	0.55%
62	Molbio Diagnostics Ltd. ₹359.95 Cr	Healthcare Equipment & Supplies	0.54%
63	Dixon Technologies (India) Limited ₹283.28 Cr	Consumer Durables	0.43%
64	Techno Electric & Engineering Company Limited ₹256.63 Cr	Construction	0.39%
65	United Spirits Limited ₹243.95 Cr	Beverages	0.37%
66	Aditya Infotech Limited ₹226.97 Cr	Industrial Manufacturing	0.34%
67	Manipal Health Enterprises Ltd ₹177.20 Cr	Healthcare Services	0.27%
68	Blue Star Limited ₹66.24 Cr	Consumer Durables	0.10%
69	PI Industries Limited ₹39.01 Cr	Fertilizers & Agrochemicals	0.06%
70	L&T Finance Limited ₹5.17 Cr	Finance	0.01%