What stocks does Kotak Multicap Fund hold?

Kotak Multicap 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 Multicap Fund?

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

What category is Kotak Multicap Fund?

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

How often is Kotak Multicap Fund portfolio data updated?

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

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

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Stocks Held

May 2026

Equity Holdings

₹25,438.50 Cr

Equity only, excl. debt & cash

Top 5 Weight

18.4%

Diversified

Top 10 Weight

32.4%

Diversified

Changes

2 new · 2 exits

Top Sector

Banks

15.5% of portfolio

📋 What Happened This Month Kotak Multicap Fund made 2 new additions and exited 2 stocks this month. The biggest new buy was Billionbrains Garage Ventures Ltd (Capital Markets) at 0.54% weight. PNB Housing Finance Limited was the biggest exit (Finance), which was held at 1.08%. Among existing holdings, Indus Towers Limited saw the biggest increase — now at 3.92% of the portfolio. Kajaria Ceramics Limited was trimmed the most, now at 1.89%. Maruti Suzuki India Limited remains the top holding with Banks the dominant sector at 15.5%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

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

+2.67%

+11.91%

+0.64%

+7.38%

Latest NAV

₹21.43

24 Jun 2026

52W High

₹21.65

-1% from High

52W Low

₹16.70

+28% from Low

Calendar Year Returns

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

2025

+7.7%

2024

+28.8%

2023

+41.9%

2022

+11.8%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

24.9%

+ve in 95% windows

71.0% / -3.5%

3Y Rolling Avg

25.4% p.a.

+ve in 100% windows

33.1% / 19.0%

Crisis Period Behaviour

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

2024–25 Tariff

-21.0%

Rec: Oct 2025 (11 mo)

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

-15.1%

Rec: Aug 2022 (3 mo)

2018 IL&FS

Pre-inception

Rec: N/A

Risk Ratios

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

Sharpe Ratio (3Y)

1.11

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.53

Penalises downside volatility only.

Std Deviation (3Y)

15.8%

Lower = more consistent returns.

NAV Chart ₹21.43 24 Jun 2026

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

Kotak Multicap Fund-Direct Plan-Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹21.43

Sector Shift Industry allocation month-over-month

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	15.4%	16.0%	▲ +0.6%
Finance	10.3%	10.3%	● +0.0%
Automobiles	9.0%	8.1%	▼ -0.9%
IT - Software	7.0%	6.8%	▼ -0.2%
Construction	5.5%	6.2%	▲ +0.7%
Telecom - Services	6.9%	6.1%	▼ -0.8%
Power	5.4%	5.4%	● -0.1%
Beverages	3.9%	4.1%	▲ +0.3%
Consumer Durables	3.6%	4.0%	▲ +0.4%
Diversified FMCG	2.8%	3.9%	▲ +1.1%

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Banks	16.0%	15.5%	▼ -0.5%
Finance	10.3%	8.9%	▼ -1.4%
Automobiles	8.1%	7.9%	▼ -0.2%
Telecom - Services	6.1%	7.0%	▲ +0.9%
IT - Software	6.8%	6.7%	▼ -0.2%
Construction	6.2%	6.0%	▼ -0.2%
Power	5.4%	5.4%	● +0.0%
Beverages	4.1%	4.2%	▲ +0.1%
Consumer Durables	4.0%	3.7%	▼ -0.3%
Diversified FMCG	3.9%	3.7%	▼ -0.2%

🟢

Biggest New Buy

Billionbrains Garage Ventures Ltd

0.54% weight · Capital Markets

🔴

Biggest Exit

PNB Housing Finance Limited

1.08% was held · Finance

↑

Biggest Add

Indus Towers Limited

+0.85% · now 3.92%

↓

Biggest Trim

Kajaria Ceramics Limited

-0.25% · now 1.89%

🤝 Other funds also bought this month

Billionbrains Garage Ventures Ltd 66 funds

Tata Technologies Limited 4 funds

👋 Other funds also exited

Kotak Mahindra Bank Limited 26 funds

PNB Housing Finance Limited 3 funds

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

🟢 2 New Entries 🔴 2 Exits ↑ 26 Increased ↓ 43 Decreased

#	Stock	Sector	Weight (May 2026)
1	Billionbrains Garage Ventures Ltd ₹140.86 Cr	Capital Markets	0.54%
2	Tata Technologies Limited ₹128.56 Cr	IT - Services	0.49%

#	Stock	Sector	Last Weight (Apr 2026)
1	PNB Housing Finance Limited ₹279.35 Cr	Finance	1.08%
2	Kotak Mahindra Bank Limited ₹201.23 Cr	Banks	0.78%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Indus Towers Limited ₹1,028.95 Cr	Telecom - Services	3.07%	3.92%	+0.85%
2	The Jammu & Kashmir Bank Limited ₹498.84 Cr	Banks	1.47%	1.90%	+0.43%
3	InterGlobe Aviation Limited ₹308.35 Cr	Transport Services	0.83%	1.17%	+0.34%
4	Acutaas Chemicals Ltd ₹459.27 Cr	Pharmaceuticals & Biotechnology	1.48%	1.75%	+0.27%
5	NLC India Limited ₹656.33 Cr	Power	2.32%	2.50%	+0.18%
6	Tata Communications Limited ₹246.56 Cr	Telecom - Services	0.77%	0.94%	+0.17%
7	SRF Limited ₹247.01 Cr	Chemicals & Petrochemicals	0.79%	0.94%	+0.15%
8	Vedanta Limited ₹158.67 Cr	Diversified Metals	0.47%	0.60%	+0.13%
9	Larsen & Toubro Limited ₹487.27 Cr	Construction	1.78%	1.86%	+0.08%
10	United Spirits Limited ₹284.64 Cr	Beverages	1.00%	1.08%	+0.08%
11	Aditya Birla Sun Life AMC Limited ₹342.16 Cr	Capital Markets	1.23%	1.30%	+0.07%
12	Bandhan Bank Limited ₹615.72 Cr	Banks	2.29%	2.35%	+0.06%
13	Innova Captab Limited ₹152.13 Cr	Pharmaceuticals & Biotechnology	0.52%	0.58%	+0.06%
14	The South Indian Bank Limited ₹425.04 Cr	Banks	1.57%	1.62%	+0.05%
15	Hindalco Industries Limited ₹214.63 Cr	Non - Ferrous Metals	0.77%	0.82%	+0.05%
16	Jubilant Pharmova Limited ₹186.46 Cr	Pharmaceuticals & Biotechnology	0.67%	0.71%	+0.04%
17	Indigo Paints Limited ₹106.03 Cr	Consumer Durables	0.36%	0.40%	+0.04%
18	Radico Khaitan Limited ₹827.41 Cr	Beverages	3.12%	3.15%	+0.03%
19	Shree Cement Limited ₹257.03 Cr	Cement & Cement Products	0.95%	0.98%	+0.03%
20	Oracle Financial Services Software Limited ₹513.37 Cr	IT - Software	1.94%	1.96%	+0.02%
21	Kalpataru Projects International Limited ₹294.96 Cr	Construction	1.10%	1.12%	+0.02%
22	Whirlpool of India Limited ₹187.99 Cr	Consumer Durables	0.70%	0.72%	+0.02%
23	Orchid Pharma Limited ₹20.95 Cr	Pharmaceuticals & Biotechnology	0.06%	0.08%	+0.02%
24	RBL Bank Limited ₹452.53 Cr	Banks	1.71%	1.72%	+0.01%
25	Life Insurance Corporation Of India ₹291.23 Cr	Insurance	1.10%	1.11%	+0.01%
26	JNK INDIA LIMITED ₹56.48 Cr	Industrial Manufacturing	0.21%	0.22%	+0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Kajaria Ceramics Limited ₹497.39 Cr	Consumer Durables	2.14%	1.89%	-0.25%
2	Jyoti CNC Automation Ltd ₹221.31 Cr	Industrial Manufacturing	1.08%	0.84%	-0.24%
3	State Bank of India ₹723.30 Cr	Banks	2.99%	2.76%	-0.23%
4	Poonawalla Fincorp Limited ₹449.51 Cr	Finance	1.90%	1.71%	-0.19%
5	Sun TV Network Limited ₹388.79 Cr	Entertainment	1.64%	1.48%	-0.16%
6	Engineers India Limited ₹372.11 Cr	Construction	1.57%	1.42%	-0.15%
7	NTPC Limited ₹762.58 Cr	Power	3.05%	2.91%	-0.14%
8	Jubilant Foodworks Limited ₹54.72 Cr	Leisure Services	0.34%	0.21%	-0.13%
9	ITC Limited ₹664.90 Cr	Diversified FMCG	2.65%	2.53%	-0.12%
10	Tata Consultancy Services Limited ₹267.68 Cr	IT - Software	1.14%	1.02%	-0.12%
11	Hero MotoCorp Limited ₹919.01 Cr	Automobiles	3.61%	3.50%	-0.11%
12	Bharti Airtel Limited ₹565.82 Cr	Telecom - Services	2.27%	2.16%	-0.11%
13	Dalmia Bharat Limited ₹259.88 Cr	Cement & Cement Products	1.10%	0.99%	-0.11%
14	Maruti Suzuki India Limited ₹1,141.63 Cr	Automobiles	4.44%	4.35%	-0.09%
15	PVR INOX Limited ₹186.23 Cr	Entertainment	0.80%	0.71%	-0.09%
16	Piramal Finance Ltd ₹360.26 Cr	Finance	1.45%	1.37%	-0.08%
17	Hindustan Unilever Limited ₹305.80 Cr	Diversified FMCG	1.24%	1.16%	-0.08%
18	Pokarna Limited ₹191.54 Cr	Consumer Durables	0.81%	0.73%	-0.08%
19	PI Industries Limited ₹173.44 Cr	Fertilizers & Agrochemicals	0.74%	0.66%	-0.08%
20	HERITAGE FOODS LTD ₹43.90 Cr	Food Products	0.25%	0.17%	-0.08%
21	IndusInd Bank Limited ₹912.77 Cr	Banks	3.55%	3.48%	-0.07%
22	Ashok Leyland Limited ₹263.39 Cr	Agricultural, Commercial & Construction Vehicles	1.07%	1.00%	-0.07%
23	Swiggy Limited ₹252.48 Cr	Retailing	1.03%	0.96%	-0.07%
24	SUBROS LIMITED ₹175.14 Cr	Industrial Products	0.73%	0.67%	-0.06%
25	Tata Motors Ltd ₹156.48 Cr	Agricultural, Commercial & Construction Vehicles	0.66%	0.60%	-0.06%
26	Reliance Industries Limited ₹145.33 Cr	Petroleum Products	0.61%	0.55%	-0.06%
27	Ashoka Buildcon Ltd. ₹125.76 Cr	Construction	0.54%	0.48%	-0.06%
28	Oil India Limited ₹275.87 Cr	Oil	1.10%	1.05%	-0.05%
29	G R Infraprojects Limited ₹221.89 Cr	Construction	0.90%	0.85%	-0.05%
30	ISGEC HEAVY ENGINEERING LIMITED ₹68.09 Cr	Construction	0.31%	0.26%	-0.05%
31	Infosys Limited ₹284.61 Cr	IT - Software	1.12%	1.08%	-0.04%
32	Yatharth Hospital & Trauma Care Serv Ltd ₹251.13 Cr	Healthcare Services	1.00%	0.96%	-0.04%
33	The India Cements Limited ₹189.64 Cr	Cement & Cement Products	0.76%	0.72%	-0.04%
34	Shriram Finance Limited ₹767.53 Cr	Finance	2.95%	2.92%	-0.03%
35	Mphasis Limited ₹368.08 Cr	IT - Software	1.43%	1.40%	-0.03%
36	Tata Steel Limited ₹197.62 Cr	Ferrous Metals	0.78%	0.75%	-0.03%
37	UltraTech Cement Limited ₹166.49 Cr	Cement & Cement Products	0.65%	0.63%	-0.02%
38	Power Finance Corporation Limited ₹754.98 Cr	Finance	2.89%	2.88%	-0.01%
39	Eternal Limited ₹588.86 Cr	Retailing	2.25%	2.24%	-0.01%
40	Tech Mahindra Limited ₹311.87 Cr	IT - Software	1.20%	1.19%	-0.01%
41	Happy Forgings Limited ₹231.55 Cr	Industrial Products	0.89%	0.88%	-0.01%
42	Navneet Education Limited ₹109.37 Cr	Printing & Publication	0.43%	0.42%	-0.01%
43	Juniper Hotels Limited ₹54.76 Cr	Leisure Services	0.22%	0.21%	-0.01%

What Stocks Does This Fund Hold?

72 stocks — May 2026

#	Stock	Sector	Weight & Value
1	Maruti Suzuki India Limited ₹1,141.63 Cr	Automobiles	4.35%
2	Indus Towers Limited ₹1,028.95 Cr	Telecom - Services	3.92%
3	Hero MotoCorp Limited ₹919.01 Cr	Automobiles	3.50%
4	IndusInd Bank Limited ₹912.77 Cr	Banks	3.48%
5	Radico Khaitan Limited ₹827.41 Cr	Beverages	3.15%
6	Shriram Finance Limited ₹767.53 Cr	Finance	2.92%
7	NTPC Limited ₹762.58 Cr	Power	2.91%
8	Power Finance Corporation Limited ₹754.98 Cr	Finance	2.88%
9	State Bank of India ₹723.30 Cr	Banks	2.76%
10	ITC Limited ₹664.90 Cr	Diversified FMCG	2.53%
11	NLC India Limited ₹656.33 Cr	Power	2.50%
12	Bandhan Bank Limited ₹615.72 Cr	Banks	2.35%
13	Eternal Limited ₹588.86 Cr	Retailing	2.24%
14	Bharti Airtel Limited ₹565.82 Cr	Telecom - Services	2.16%
15	Oracle Financial Services Software Limited ₹513.37 Cr	IT - Software	1.96%
16	The Jammu & Kashmir Bank Limited ₹498.84 Cr	Banks	1.90%
17	Kajaria Ceramics Limited ₹497.39 Cr	Consumer Durables	1.89%
18	Larsen & Toubro Limited ₹487.27 Cr	Construction	1.86%
19	Acutaas Chemicals Ltd ₹459.27 Cr	Pharmaceuticals & Biotechnology	1.75%
20	RBL Bank Limited ₹452.53 Cr	Banks	1.72%
21	Poonawalla Fincorp Limited ₹449.51 Cr	Finance	1.71%
22	Bank of Baroda ₹425.57 Cr	Banks	1.62%
23	The South Indian Bank Limited ₹425.04 Cr	Banks	1.62%
24	Sun TV Network Limited ₹388.79 Cr	Entertainment	1.48%
25	Engineers India Limited ₹372.11 Cr	Construction	1.42%
26	Mphasis Limited ₹368.08 Cr	IT - Software	1.40%
27	Piramal Finance Ltd ₹360.26 Cr	Finance	1.37%
28	Aditya Birla Sun Life AMC Limited ₹342.16 Cr	Capital Markets	1.30%
29	Tech Mahindra Limited ₹311.87 Cr	IT - Software	1.19%
30	InterGlobe Aviation Limited ₹308.35 Cr	Transport Services	1.17%
31	Hindustan Unilever Limited ₹305.80 Cr	Diversified FMCG	1.16%
32	Kalpataru Projects International Limited ₹294.96 Cr	Construction	1.12%
33	Life Insurance Corporation Of India ₹291.23 Cr	Insurance	1.11%
34	United Spirits Limited ₹284.64 Cr	Beverages	1.08%
35	Infosys Limited ₹284.61 Cr	IT - Software	1.08%
36	Oil India Limited ₹275.87 Cr	Oil	1.05%
37	Tata Consultancy Services Limited ₹267.68 Cr	IT - Software	1.02%
38	Ashok Leyland Limited ₹263.39 Cr	Agricultural, Commercial & Construction Vehicles	1.00%
39	Dalmia Bharat Limited ₹259.88 Cr	Cement & Cement Products	0.99%
40	Shree Cement Limited ₹257.03 Cr	Cement & Cement Products	0.98%
41	Swiggy Limited ₹252.48 Cr	Retailing	0.96%
42	Yatharth Hospital & Trauma Care Serv Ltd ₹251.13 Cr	Healthcare Services	0.96%
43	SRF Limited ₹247.01 Cr	Chemicals & Petrochemicals	0.94%
44	Tata Communications Limited ₹246.56 Cr	Telecom - Services	0.94%
45	Happy Forgings Limited ₹231.55 Cr	Industrial Products	0.88%
46	G R Infraprojects Limited ₹221.89 Cr	Construction	0.85%
47	Jyoti CNC Automation Ltd ₹221.31 Cr	Industrial Manufacturing	0.84%
48	Hindalco Industries Limited ₹214.63 Cr	Non - Ferrous Metals	0.82%
49	Tata Steel Limited ₹197.62 Cr	Ferrous Metals	0.75%
50	Pokarna Limited ₹191.54 Cr	Consumer Durables	0.73%
51	The India Cements Limited ₹189.64 Cr	Cement & Cement Products	0.72%
52	Whirlpool of India Limited ₹187.99 Cr	Consumer Durables	0.72%
53	Jubilant Pharmova Limited ₹186.46 Cr	Pharmaceuticals & Biotechnology	0.71%
54	PVR INOX Limited ₹186.23 Cr	Entertainment	0.71%
55	SUBROS LIMITED ₹175.14 Cr	Industrial Products	0.67%
56	PI Industries Limited ₹173.44 Cr	Fertilizers & Agrochemicals	0.66%
57	UltraTech Cement Limited ₹166.49 Cr	Cement & Cement Products	0.63%
58	Vedanta Limited ₹158.67 Cr	Diversified Metals	0.60%
59	Tata Motors Ltd ₹156.48 Cr	Agricultural, Commercial & Construction Vehicles	0.60%
60	Innova Captab Limited ₹152.13 Cr	Pharmaceuticals & Biotechnology	0.58%
61	Reliance Industries Limited ₹145.33 Cr	Petroleum Products	0.55%
62	Billionbrains Garage Ventures Ltd ₹140.86 Cr	Capital Markets	0.54%
63	Tata Technologies Limited ₹128.56 Cr	IT - Services	0.49%
64	Ashoka Buildcon Ltd. ₹125.76 Cr	Construction	0.48%
65	Navneet Education Limited ₹109.37 Cr	Printing & Publication	0.42%
66	Indigo Paints Limited ₹106.03 Cr	Consumer Durables	0.40%
67	ISGEC HEAVY ENGINEERING LIMITED ₹68.09 Cr	Construction	0.26%
68	JNK INDIA LIMITED ₹56.48 Cr	Industrial Manufacturing	0.22%
69	Jubilant Foodworks Limited ₹54.72 Cr	Leisure Services	0.21%
70	Juniper Hotels Limited ₹54.76 Cr	Leisure Services	0.21%
71	HERITAGE FOODS LTD ₹43.90 Cr	Food Products	0.17%
72	Orchid Pharma Limited ₹20.95 Cr	Pharmaceuticals & Biotechnology	0.08%