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 Sep 2026 Comparing Aug 2026 → Sep 2026

Share: WhatsApp X

⌕

Stocks Held

Sep 2026

Equity Holdings

₹29,881.89 Cr

Equity only, excl. debt & cash

AAUM

₹29,809.75 Cr

Jul-Sep 2026 · Direct + Regular

Top 5 Weight

20.1%

Diversified

Top 10 Weight

35.2%

Diversified

Changes

4 new · 0 exits

Top Sector

Banks

20.4% of portfolio

Launch Date

08 Sep 2021

5 years old

AAUM (Average Assets Under Management) of ₹29,809.75 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 Multicap Fund added 4 new stocks to its portfolio this month. The biggest new buy was Pine Labs Limited (Financial Technology (Fintech)) at 1.43% weight. Among existing holdings, One 97 Communications Limited saw the biggest increase — now at 2.70% of the portfolio. Bharti Airtel Limited was trimmed the most, now at 0.78%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 20.4%. ↓ 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

-7.65%

-6.83%

-4.77%

-5.54%

Latest NAV

₹19.92

23 Oct 2026

52W High

₹21.96

-9% from High

52W Low

₹18.24

+9% 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

23.3%

+ve in 95% windows

71.0% / -4.1%

3Y Rolling Avg

24.4% p.a.

+ve in 100% windows

33.1% / 14.0%

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

Sharpe Ratio (3Y)

0.47

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.64

Penalises downside volatility only.

Std Deviation (3Y)

16.0%

Lower = more consistent returns.

NAV Chart ₹19.92 23 Oct 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: ₹19.92

Sector Shift Industry allocation month-over-month

Jul 2026 → Aug 2026

Sector	Prev	Curr ▼	Delta
Banks	19.5%	20.5%	▲ +1.0%
Automobiles	8.5%	7.9%	▼ -0.6%
Finance	8.4%	7.6%	▼ -0.8%
Telecom - Services	6.1%	5.6%	▼ -0.4%
Construction	5.0%	5.1%	● +0.1%
Industrial Manufacturing	4.3%	4.7%	▲ +0.4%
Retailing	4.2%	4.6%	▲ +0.4%
IT - Software	5.4%	4.4%	▼ -1.0%
Pharmaceuticals & Biotechnology	4.4%	4.4%	● 0.0%
Consumer Durables	4.0%	4.0%	● 0.0%

Aug 2026 → Sep 2026

Sector	Prev	Curr ▼	Delta
Banks	20.5%	20.4%	▼ -0.1%
Finance	7.6%	7.5%	▼ -0.2%
Automobiles	7.9%	7.4%	▼ -0.6%
Industrial Manufacturing	4.7%	5.7%	▲ +1.0%
Construction	5.1%	5.2%	● +0.1%
Telecom - Services	5.6%	4.6%	▼ -1.0%
Retailing	4.6%	4.4%	▼ -0.2%
Pharmaceuticals & Biotechnology	4.4%	4.4%	● 0.0%
Financial Technology (Fintech)	0.8%	4.1%	▲ +3.3%
Consumer Durables	4.0%	4.0%	● +0.1%

🟢

Biggest New Buy

Pine Labs Limited

1.43% weight · Financial Technology (Fintech)

↑

Biggest Add

One 97 Communications Limited

+1.91% · now 2.70%

↓

Biggest Trim

Bharti Airtel Limited

-0.91% · now 0.78%

🤝 Other funds also bought this month

National Stock Exchange of India Ltd. 115 funds

Pine Labs Limited 15 funds

CRISIL Limited 8 funds

Axiscades Technologies Ltd. 6 funds

What Changed in the Portfolio This Month?

Comparing Aug 2026 → Sep 2026

Aug 2026 → Sep 2026

🟢 4 New Entries ↑ 20 Increased ↓ 46 Decreased

#	Stock	Sector	Weight (Sep 2026)
1	Pine Labs Limited ₹435.24 Cr	Financial Technology (Fintech)	1.43%
2	Axiscades Technologies Ltd. ₹203.06 Cr	Aerospace & Defense	0.67%
3	National Stock Exchange of India Ltd. ₹80.61 Cr	Capital Markets	0.27%
4	CRISIL Limited ₹52.29 Cr	Finance	0.17%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	One 97 Communications Limited ₹819.81 Cr	Financial Technology (Fintech)	0.79%	2.70%	+1.91%
2	Indo-MIM Limited ₹1,010.22 Cr	Industrial Manufacturing	2.41%	3.33%	+0.92%
3	Jubilant Foodworks Limited ₹173.43 Cr	Leisure Services	0.03%	0.57%	+0.54%
4	HDFC Bank Limited ₹1,716.83 Cr	Banks	5.30%	5.66%	+0.36%
5	Sun TV Network Limited ₹468.42 Cr	Entertainment	1.18%	1.54%	+0.36%
6	Engineers India Limited ₹497.22 Cr	Construction	1.38%	1.64%	+0.26%
7	Whirlpool of India Limited ₹365.31 Cr	Consumer Durables	1.00%	1.20%	+0.20%
8	Bank of Baroda ₹695.11 Cr	Banks	2.16%	2.29%	+0.13%
9	The South Indian Bank Limited ₹586.59 Cr	Banks	1.82%	1.93%	+0.11%
10	Bandhan Bank Limited ₹315.57 Cr	Banks	0.95%	1.04%	+0.09%
11	Jubilant Pharmova Limited ₹188.15 Cr	Pharmaceuticals & Biotechnology	0.54%	0.62%	+0.08%
12	ITC Limited ₹619.44 Cr	Diversified FMCG	1.97%	2.04%	+0.07%
13	Jyoti CNC Automation Ltd ₹396.52 Cr	Industrial Manufacturing	1.24%	1.31%	+0.07%
14	Tata Technologies Limited ₹389.36 Cr	IT - Services	1.23%	1.28%	+0.05%
15	Yatharth Hospital & Trauma Care Serv Ltd ₹325.54 Cr	Healthcare Services	1.03%	1.07%	+0.04%
16	Innova Captab Limited ₹195.55 Cr	Pharmaceuticals & Biotechnology	0.60%	0.64%	+0.04%
17	Acutaas Chemicals Ltd ₹271.20 Cr	Pharmaceuticals & Biotechnology	0.86%	0.89%	+0.03%
18	Lohia Corp Ltd ₹247.93 Cr	Industrial Manufacturing	0.80%	0.82%	+0.02%
19	PVR INOX Limited ₹230.21 Cr	Entertainment	0.75%	0.76%	+0.01%
20	Orchid Pharma Limited ₹26.35 Cr	Pharmaceuticals & Biotechnology	0.08%	0.09%	+0.01%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	Bharti Airtel Limited ₹236.07 Cr	Telecom - Services	1.69%	0.78%	-0.91%
2	Oracle Financial Services Software Limited ₹1,048.60 Cr	IT - Software	4.05%	3.46%	-0.59%
3	Maruti Suzuki India Limited ₹1,244.19 Cr	Automobiles	4.57%	4.10%	-0.47%
4	IndusInd Bank Limited ₹899.84 Cr	Banks	3.32%	2.97%	-0.35%
5	State Bank of India ₹1,075.60 Cr	Banks	3.89%	3.55%	-0.34%
6	Mphasis Limited ₹10.12 Cr	IT - Software	0.36%	0.03%	-0.33%
7	Sun Pharmaceutical Industries Limited ₹644.90 Cr	Pharmaceuticals & Biotechnology	2.31%	2.13%	-0.18%
8	Radico Khaitan Limited ₹685.54 Cr	Beverages	2.44%	2.26%	-0.18%
9	Swiggy Limited ₹344.88 Cr	Retailing	1.27%	1.14%	-0.13%
10	United Spirits Limited ₹377.43 Cr	Beverages	1.36%	1.24%	-0.12%
11	Shriram Finance Limited ₹275.51 Cr	Finance	1.02%	0.91%	-0.11%
12	The India Cements Limited ₹149.87 Cr	Cement & Cement Products	0.60%	0.49%	-0.11%
13	Pokarna Limited ₹168.81 Cr	Consumer Durables	0.67%	0.56%	-0.11%
14	Larsen & Toubro Limited ₹449.44 Cr	Construction	1.58%	1.48%	-0.10%
15	Hero MotoCorp Limited ₹987.60 Cr	Automobiles	3.36%	3.26%	-0.10%
16	Indus Towers Limited ₹868.69 Cr	Telecom - Services	2.96%	2.86%	-0.10%
17	Piramal Finance Ltd ₹263.09 Cr	Finance	0.97%	0.87%	-0.10%
18	Amara Raja Energy & Mobility Ltd ₹168.98 Cr	Auto Components	0.65%	0.56%	-0.09%
19	Dalmia Bharat Limited ₹250.29 Cr	Cement & Cement Products	0.90%	0.83%	-0.07%
20	Eternal Limited ₹995.20 Cr	Retailing	3.34%	3.28%	-0.06%
21	Power Finance Corporation Limited ₹686.32 Cr	Finance	2.32%	2.26%	-0.06%
22	Poonawalla Fincorp Limited ₹521.13 Cr	Finance	1.78%	1.72%	-0.06%
23	Aditya Birla Sun Life AMC Limited ₹339.97 Cr	Capital Markets	1.18%	1.12%	-0.06%
24	G R Infraprojects Limited ₹197.45 Cr	Construction	0.71%	0.65%	-0.06%
25	InterGlobe Aviation Limited ₹348.88 Cr	Transport Services	1.20%	1.15%	-0.05%
26	Life Insurance Corporation Of India ₹279.79 Cr	Insurance	0.97%	0.92%	-0.05%
27	RBL Bank Limited ₹399.71 Cr	Banks	1.37%	1.32%	-0.05%
28	The Jammu & Kashmir Bank Limited ₹506.63 Cr	Banks	1.72%	1.67%	-0.05%
29	Hindustan Unilever Limited ₹266.83 Cr	Diversified FMCG	0.92%	0.88%	-0.04%
30	Hindalco Industries Limited ₹179.41 Cr	Non - Ferrous Metals	0.63%	0.59%	-0.04%
31	Tata Communications Limited ₹290.63 Cr	Telecom - Services	0.99%	0.96%	-0.03%
32	Ashoka Buildcon Ltd. ₹104.89 Cr	Construction	0.38%	0.35%	-0.03%
33	Navneet Education Limited ₹94.54 Cr	Printing & Publication	0.34%	0.31%	-0.03%
34	Reliance Industries Limited ₹71.22 Cr	Petroleum Products	0.25%	0.23%	-0.02%
35	NTPC Limited ₹668.42 Cr	Power	2.22%	2.20%	-0.02%
36	UltraTech Cement Limited ₹158.86 Cr	Cement & Cement Products	0.54%	0.52%	-0.02%
37	DLF Limited ₹345.35 Cr	Realty	1.16%	1.14%	-0.02%
38	SRF Limited ₹224.89 Cr	Chemicals & Petrochemicals	0.76%	0.74%	-0.02%
39	Shree Cement Limited ₹227.24 Cr	Cement & Cement Products	0.77%	0.75%	-0.02%
40	NLC India Limited ₹494.21 Cr	Power	1.65%	1.63%	-0.02%
41	Billionbrains Garage Ventures Ltd ₹158.51 Cr	Capital Markets	0.54%	0.52%	-0.02%
42	Indigo Paints Limited ₹116.74 Cr	Consumer Durables	0.40%	0.38%	-0.02%
43	PI Industries Limited ₹163.57 Cr	Fertilizers & Agrochemicals	0.55%	0.54%	-0.01%
44	LIC Housing Finance Limited ₹462.97 Cr	Finance	1.54%	1.53%	-0.01%
45	Kalpataru Projects International Limited ₹312.05 Cr	Construction	1.04%	1.03%	-0.01%
46	SUBROS LIMITED ₹169.97 Cr	Industrial Products	0.57%	0.56%	-0.01%

What Stocks Does This Fund Hold?

72 stocks — Sep 2026

#	Stock	Sector	Weight & Value
1	HDFC Bank Limited ₹1,716.83 Cr	Banks	5.66%
2	Maruti Suzuki India Limited ₹1,244.19 Cr	Automobiles	4.10%
3	State Bank of India ₹1,075.60 Cr	Banks	3.55%
4	Oracle Financial Services Software Limited ₹1,048.60 Cr	IT - Software	3.46%
5	Indo-MIM Limited ₹1,010.22 Cr	Industrial Manufacturing	3.33%
6	Eternal Limited ₹995.20 Cr	Retailing	3.28%
7	Hero MotoCorp Limited ₹987.60 Cr	Automobiles	3.26%
8	IndusInd Bank Limited ₹899.84 Cr	Banks	2.97%
9	Indus Towers Limited ₹868.69 Cr	Telecom - Services	2.86%
10	One 97 Communications Limited ₹819.81 Cr	Financial Technology (Fintech)	2.70%
11	Bank of Baroda ₹695.11 Cr	Banks	2.29%
12	Power Finance Corporation Limited ₹686.32 Cr	Finance	2.26%
13	Radico Khaitan Limited ₹685.54 Cr	Beverages	2.26%
14	NTPC Limited ₹668.42 Cr	Power	2.20%
15	Sun Pharmaceutical Industries Limited ₹644.90 Cr	Pharmaceuticals & Biotechnology	2.13%
16	ITC Limited ₹619.44 Cr	Diversified FMCG	2.04%
17	The South Indian Bank Limited ₹586.59 Cr	Banks	1.93%
18	Kajaria Ceramics Limited ₹572.74 Cr	Consumer Durables	1.89%
19	Poonawalla Fincorp Limited ₹521.13 Cr	Finance	1.72%
20	The Jammu & Kashmir Bank Limited ₹506.63 Cr	Banks	1.67%
21	Engineers India Limited ₹497.22 Cr	Construction	1.64%
22	NLC India Limited ₹494.21 Cr	Power	1.63%
23	Sun TV Network Limited ₹468.42 Cr	Entertainment	1.54%
24	LIC Housing Finance Limited ₹462.97 Cr	Finance	1.53%
25	Larsen & Toubro Limited ₹449.44 Cr	Construction	1.48%
26	Pine Labs Limited ₹435.24 Cr	Financial Technology (Fintech)	1.43%
27	RBL Bank Limited ₹399.71 Cr	Banks	1.32%
28	Jyoti CNC Automation Ltd ₹396.52 Cr	Industrial Manufacturing	1.31%
29	Tata Technologies Limited ₹389.36 Cr	IT - Services	1.28%
30	United Spirits Limited ₹377.43 Cr	Beverages	1.24%
31	Whirlpool of India Limited ₹365.31 Cr	Consumer Durables	1.20%
32	InterGlobe Aviation Limited ₹348.88 Cr	Transport Services	1.15%
33	Swiggy Limited ₹344.88 Cr	Retailing	1.14%
34	DLF Limited ₹345.35 Cr	Realty	1.14%
35	Aditya Birla Sun Life AMC Limited ₹339.97 Cr	Capital Markets	1.12%
36	Yatharth Hospital & Trauma Care Serv Ltd ₹325.54 Cr	Healthcare Services	1.07%
37	Bandhan Bank Limited ₹315.57 Cr	Banks	1.04%
38	Kalpataru Projects International Limited ₹312.05 Cr	Construction	1.03%
39	Tata Communications Limited ₹290.63 Cr	Telecom - Services	0.96%
40	Life Insurance Corporation Of India ₹279.79 Cr	Insurance	0.92%
41	Shriram Finance Limited ₹275.51 Cr	Finance	0.91%
42	Acutaas Chemicals Ltd ₹271.20 Cr	Pharmaceuticals & Biotechnology	0.89%
43	Hindustan Unilever Limited ₹266.83 Cr	Diversified FMCG	0.88%
44	Piramal Finance Ltd ₹263.09 Cr	Finance	0.87%
45	Dalmia Bharat Limited ₹250.29 Cr	Cement & Cement Products	0.83%
46	Lohia Corp Ltd ₹247.93 Cr	Industrial Manufacturing	0.82%
47	Bharti Airtel Limited ₹236.07 Cr	Telecom - Services	0.78%
48	PVR INOX Limited ₹230.21 Cr	Entertainment	0.76%
49	Shree Cement Limited ₹227.24 Cr	Cement & Cement Products	0.75%
50	SRF Limited ₹224.89 Cr	Chemicals & Petrochemicals	0.74%
51	Axiscades Technologies Ltd. ₹203.06 Cr	Aerospace & Defense	0.67%
52	G R Infraprojects Limited ₹197.45 Cr	Construction	0.65%
53	Innova Captab Limited ₹195.55 Cr	Pharmaceuticals & Biotechnology	0.64%
54	Jubilant Pharmova Limited ₹188.15 Cr	Pharmaceuticals & Biotechnology	0.62%
55	Hindalco Industries Limited ₹179.41 Cr	Non - Ferrous Metals	0.59%
56	Jubilant Foodworks Limited ₹173.43 Cr	Leisure Services	0.57%
57	Pokarna Limited ₹168.81 Cr	Consumer Durables	0.56%
58	Amara Raja Energy & Mobility Ltd ₹168.98 Cr	Auto Components	0.56%
59	SUBROS LIMITED ₹169.97 Cr	Industrial Products	0.56%
60	PI Industries Limited ₹163.57 Cr	Fertilizers & Agrochemicals	0.54%
61	UltraTech Cement Limited ₹158.86 Cr	Cement & Cement Products	0.52%
62	Billionbrains Garage Ventures Ltd ₹158.51 Cr	Capital Markets	0.52%
63	The India Cements Limited ₹149.87 Cr	Cement & Cement Products	0.49%
64	Indigo Paints Limited ₹116.74 Cr	Consumer Durables	0.38%
65	Ashoka Buildcon Ltd. ₹104.89 Cr	Construction	0.35%
66	Navneet Education Limited ₹94.54 Cr	Printing & Publication	0.31%
67	National Stock Exchange of India Ltd. ₹80.61 Cr	Capital Markets	0.27%
68	Reliance Industries Limited ₹71.22 Cr	Petroleum Products	0.23%
69	JNK INDIA LIMITED ₹64.37 Cr	Industrial Manufacturing	0.21%
70	CRISIL Limited ₹52.29 Cr	Finance	0.17%
71	Orchid Pharma Limited ₹26.35 Cr	Pharmaceuticals & Biotechnology	0.09%
72	Mphasis Limited ₹10.12 Cr	IT - Software	0.03%