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 Oct 2026 Comparing Sep 2026 → Oct 2026

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Stocks Held

Oct 2026

Equity Holdings

₹28,818.26 Cr

Equity only, excl. debt & cash

AAUM

₹29,809.75 Cr

Jul-Sep 2026 · Direct + Regular

Top 5 Weight

20.2%

Diversified

Top 10 Weight

35.1%

Diversified

Changes

2 new · 2 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 made 2 new additions and exited 2 stocks this month. The biggest new buy was Jio Platforms Ltd. (Telecom - Services) at 1.00% weight. UltraTech Cement Limited was the biggest exit (Cement & Cement Products), which was held at 0.52%. Among existing holdings, The South Indian Bank Limited saw the biggest increase — now at 2.27% of the portfolio. Radico Khaitan Limited was trimmed the most, now at 1.31%. 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

+6.20%

+1.66%

+8.09%

+4.38%

Latest NAV

₹22.19

12 Nov 2026

52W High

₹22.19

At High

52W Low

₹18.64

+19% 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

23.1%

+ve in 94% windows

71.0% / -4.2%

3Y Rolling Avg

24.3% 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)

0.58

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.80

Penalises downside volatility only.

Std Deviation (3Y)

16.1%

Lower = more consistent returns.

NAV Chart ₹22.19 12 Nov 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: ₹22.19

Sector Shift Industry allocation month-over-month

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%

Sep 2026 → Oct 2026

Sector	Prev	Curr ▼	Delta
Banks	20.4%	20.4%	● -0.1%
Finance	7.5%	7.6%	▲ +0.2%
Automobiles	7.4%	7.3%	▼ -0.1%
Telecom - Services	4.6%	5.8%	▲ +1.2%
Industrial Manufacturing	5.7%	5.4%	▼ -0.3%
Construction	5.2%	4.9%	▼ -0.2%
Pharmaceuticals & Biotechnology	4.4%	4.5%	▲ +0.1%
Retailing	4.4%	4.4%	● +0.0%
IT - Software	3.5%	4.2%	▲ +0.7%
Financial Technology (Fintech)	4.1%	4.0%	▼ -0.1%

🟢

Biggest New Buy

Jio Platforms Ltd.

1.00% weight · Telecom - Services

🔴

Biggest Exit

UltraTech Cement Limited

0.52% was held · Cement & Cement Products

↑

Biggest Add

The South Indian Bank Limited

+0.34% · now 2.27%

↓

Biggest Trim

Radico Khaitan Limited

-0.95% · now 1.31%

🤝 Other funds also bought this month

Jio Platforms Ltd. 117 funds

Tech Mahindra Limited 31 funds

👋 Other funds also exited

UltraTech Cement Limited 29 funds

Mphasis Limited 18 funds

What Changed in the Portfolio This Month?

Comparing Sep 2026 → Oct 2026

Sep 2026 → Oct 2026

🟢 2 New Entries 🔴 2 Exits ↑ 26 Increased ↓ 40 Decreased

#	Stock	Sector	Weight (Oct 2026)
1	Jio Platforms Ltd. ₹298.18 Cr	Telecom - Services	1.00%
2	Tech Mahindra Limited ₹268.62 Cr	IT - Software	0.90%

#	Stock	Sector	Last Weight (Sep 2026)
1	UltraTech Cement Limited ₹158.86 Cr	Cement & Cement Products	0.52%
2	Mphasis Limited ₹10.12 Cr	IT - Software	0.03%

#	Stock	Sector	Sep 2026	Oct 2026	Change
1	The South Indian Bank Limited ₹674.75 Cr	Banks	1.93%	2.27%	+0.34%
2	Eternal Limited ₹1,075.62 Cr	Retailing	3.28%	3.61%	+0.33%
3	CRISIL Limited ₹148.59 Cr	Finance	0.17%	0.50%	+0.33%
4	Acutaas Chemicals Ltd ₹331.09 Cr	Pharmaceuticals & Biotechnology	0.89%	1.11%	+0.22%
5	Bank of Baroda ₹743.24 Cr	Banks	2.29%	2.50%	+0.21%
6	PVR INOX Limited ₹276.96 Cr	Entertainment	0.76%	0.93%	+0.17%
7	Poonawalla Fincorp Limited ₹557.00 Cr	Finance	1.72%	1.87%	+0.15%
8	Billionbrains Garage Ventures Ltd ₹193.80 Cr	Capital Markets	0.52%	0.65%	+0.13%
9	Bharti Airtel Limited ₹265.18 Cr	Telecom - Services	0.78%	0.89%	+0.11%
10	Larsen & Toubro Limited ₹470.53 Cr	Construction	1.48%	1.58%	+0.10%
11	Indus Towers Limited ₹880.56 Cr	Telecom - Services	2.86%	2.96%	+0.10%
12	State Bank of India ₹1,078.23 Cr	Banks	3.55%	3.62%	+0.07%
13	ITC Limited ₹626.16 Cr	Diversified FMCG	2.04%	2.10%	+0.06%
14	DLF Limited ₹354.34 Cr	Realty	1.14%	1.19%	+0.05%
15	Sun TV Network Limited ₹473.43 Cr	Entertainment	1.54%	1.59%	+0.05%
16	Shree Cement Limited ₹233.85 Cr	Cement & Cement Products	0.75%	0.79%	+0.04%
17	Lohia Corp Ltd ₹255.57 Cr	Industrial Manufacturing	0.82%	0.86%	+0.04%
18	Sun Pharmaceutical Industries Limited ₹643.53 Cr	Pharmaceuticals & Biotechnology	2.13%	2.16%	+0.03%
19	United Spirits Limited ₹378.44 Cr	Beverages	1.24%	1.27%	+0.03%
20	Tata Communications Limited ₹293.99 Cr	Telecom - Services	0.96%	0.99%	+0.03%
21	The India Cements Limited ₹154.96 Cr	Cement & Cement Products	0.49%	0.52%	+0.03%
22	Navneet Education Limited ₹97.46 Cr	Printing & Publication	0.31%	0.33%	+0.02%
23	Hindustan Unilever Limited ₹264.77 Cr	Diversified FMCG	0.88%	0.89%	+0.01%
24	Hero MotoCorp Limited ₹973.66 Cr	Automobiles	3.26%	3.27%	+0.01%
25	One 97 Communications Limited ₹806.63 Cr	Financial Technology (Fintech)	2.70%	2.71%	+0.01%
26	SRF Limited ₹224.10 Cr	Chemicals & Petrochemicals	0.74%	0.75%	+0.01%

#	Stock	Sector	Sep 2026	Oct 2026	Change
1	Radico Khaitan Limited ₹388.82 Cr	Beverages	2.26%	1.31%	-0.95%
2	PI Industries Limited ₹58.90 L	Fertilizers & Agrochemicals	0.54%	0.00%	-0.54%
3	Jubilant Foodworks Limited ₹25.50 Cr	Leisure Services	0.57%	0.09%	-0.48%
4	Swiggy Limited ₹243.53 Cr	Retailing	1.14%	0.82%	-0.32%
5	Engineers India Limited ₹404.47 Cr	Construction	1.64%	1.36%	-0.28%
6	The Jammu & Kashmir Bank Limited ₹428.21 Cr	Banks	1.67%	1.44%	-0.23%
7	NLC India Limited ₹430.47 Cr	Power	1.63%	1.45%	-0.18%
8	Aditya Birla Sun Life AMC Limited ₹279.17 Cr	Capital Markets	1.12%	0.94%	-0.18%
9	Dalmia Bharat Limited ₹197.15 Cr	Cement & Cement Products	0.83%	0.66%	-0.17%
10	IndusInd Bank Limited ₹836.55 Cr	Banks	2.97%	2.81%	-0.16%
11	Kajaria Ceramics Limited ₹514.36 Cr	Consumer Durables	1.89%	1.73%	-0.16%
12	Oracle Financial Services Software Limited ₹985.96 Cr	IT - Software	3.46%	3.31%	-0.15%
13	RBL Bank Limited ₹347.83 Cr	Banks	1.32%	1.17%	-0.15%
14	Jyoti CNC Automation Ltd ₹345.33 Cr	Industrial Manufacturing	1.31%	1.16%	-0.15%
15	Shriram Finance Limited ₹230.78 Cr	Finance	0.91%	0.78%	-0.13%
16	Pine Labs Limited ₹388.27 Cr	Financial Technology (Fintech)	1.43%	1.30%	-0.13%
17	Indo-MIM Limited ₹952.61 Cr	Industrial Manufacturing	3.33%	3.20%	-0.13%
18	Maruti Suzuki India Limited ₹1,184.93 Cr	Automobiles	4.10%	3.98%	-0.12%
19	Bandhan Bank Limited ₹273.26 Cr	Banks	1.04%	0.92%	-0.12%
20	Axiscades Technologies Ltd. ₹170.72 Cr	Aerospace & Defense	0.67%	0.57%	-0.10%
21	Yatharth Hospital & Trauma Care Serv Ltd ₹292.25 Cr	Healthcare Services	1.07%	0.98%	-0.09%
22	SUBROS LIMITED ₹140.08 Cr	Industrial Products	0.56%	0.47%	-0.09%
23	LIC Housing Finance Limited ₹431.10 Cr	Finance	1.53%	1.45%	-0.08%
24	Tata Technologies Limited ₹356.12 Cr	IT - Services	1.28%	1.20%	-0.08%
25	Piramal Finance Ltd ₹233.89 Cr	Finance	0.87%	0.79%	-0.08%
26	Innova Captab Limited ₹172.87 Cr	Pharmaceuticals & Biotechnology	0.64%	0.58%	-0.06%
27	Jubilant Pharmova Limited ₹168.95 Cr	Pharmaceuticals & Biotechnology	0.62%	0.57%	-0.05%
28	Power Finance Corporation Limited ₹661.23 Cr	Finance	2.26%	2.22%	-0.04%
29	Amara Raja Energy & Mobility Ltd ₹153.82 Cr	Auto Components	0.56%	0.52%	-0.04%
30	Pokarna Limited ₹153.29 Cr	Consumer Durables	0.56%	0.52%	-0.04%
31	Ashoka Buildcon Ltd. ₹93.83 Cr	Construction	0.35%	0.32%	-0.03%
32	HDFC Bank Limited ₹1,678.31 Cr	Banks	5.66%	5.64%	-0.02%
33	Hindalco Industries Limited ₹168.53 Cr	Non - Ferrous Metals	0.59%	0.57%	-0.02%
34	Whirlpool of India Limited ₹350.52 Cr	Consumer Durables	1.20%	1.18%	-0.02%
35	Indigo Paints Limited ₹106.71 Cr	Consumer Durables	0.38%	0.36%	-0.02%
36	G R Infraprojects Limited ₹186.17 Cr	Construction	0.65%	0.63%	-0.02%
37	Orchid Pharma Limited ₹22.11 Cr	Pharmaceuticals & Biotechnology	0.09%	0.07%	-0.02%
38	JNK INDIA LIMITED ₹55.29 Cr	Industrial Manufacturing	0.21%	0.19%	-0.02%
39	Life Insurance Corporation Of India ₹271.33 Cr	Insurance	0.92%	0.91%	-0.01%
40	Kalpataru Projects International Limited ₹302.35 Cr	Construction	1.03%	1.02%	-0.01%

What Stocks Does This Fund Hold?

72 stocks — Oct 2026

#	Stock	Sector	Weight & Value
1	HDFC Bank Limited ₹1,678.31 Cr	Banks	5.64%
2	Maruti Suzuki India Limited ₹1,184.93 Cr	Automobiles	3.98%
3	State Bank of India ₹1,078.23 Cr	Banks	3.62%
4	Eternal Limited ₹1,075.62 Cr	Retailing	3.61%
5	Oracle Financial Services Software Limited ₹985.96 Cr	IT - Software	3.31%
6	Hero MotoCorp Limited ₹973.66 Cr	Automobiles	3.27%
7	Indo-MIM Limited ₹952.61 Cr	Industrial Manufacturing	3.20%
8	Indus Towers Limited ₹880.56 Cr	Telecom - Services	2.96%
9	IndusInd Bank Limited ₹836.55 Cr	Banks	2.81%
10	One 97 Communications Limited ₹806.63 Cr	Financial Technology (Fintech)	2.71%
11	Bank of Baroda ₹743.24 Cr	Banks	2.50%
12	The South Indian Bank Limited ₹674.75 Cr	Banks	2.27%
13	Power Finance Corporation Limited ₹661.23 Cr	Finance	2.22%
14	NTPC Limited ₹654.95 Cr	Power	2.20%
15	Sun Pharmaceutical Industries Limited ₹643.53 Cr	Pharmaceuticals & Biotechnology	2.16%
16	ITC Limited ₹626.16 Cr	Diversified FMCG	2.10%
17	Poonawalla Fincorp Limited ₹557.00 Cr	Finance	1.87%
18	Kajaria Ceramics Limited ₹514.36 Cr	Consumer Durables	1.73%
19	Sun TV Network Limited ₹473.43 Cr	Entertainment	1.59%
20	Larsen & Toubro Limited ₹470.53 Cr	Construction	1.58%
21	LIC Housing Finance Limited ₹431.10 Cr	Finance	1.45%
22	NLC India Limited ₹430.47 Cr	Power	1.45%
23	The Jammu & Kashmir Bank Limited ₹428.21 Cr	Banks	1.44%
24	Engineers India Limited ₹404.47 Cr	Construction	1.36%
25	Radico Khaitan Limited ₹388.82 Cr	Beverages	1.31%
26	Pine Labs Limited ₹388.27 Cr	Financial Technology (Fintech)	1.30%
27	United Spirits Limited ₹378.44 Cr	Beverages	1.27%
28	Tata Technologies Limited ₹356.12 Cr	IT - Services	1.20%
29	DLF Limited ₹354.34 Cr	Realty	1.19%
30	Whirlpool of India Limited ₹350.52 Cr	Consumer Durables	1.18%
31	RBL Bank Limited ₹347.83 Cr	Banks	1.17%
32	Jyoti CNC Automation Ltd ₹345.33 Cr	Industrial Manufacturing	1.16%
33	InterGlobe Aviation Limited ₹341.43 Cr	Transport Services	1.15%
34	Acutaas Chemicals Ltd ₹331.09 Cr	Pharmaceuticals & Biotechnology	1.11%
35	Kalpataru Projects International Limited ₹302.35 Cr	Construction	1.02%
36	Jio Platforms Ltd. ₹298.18 Cr	Telecom - Services	1.00%
37	Tata Communications Limited ₹293.99 Cr	Telecom - Services	0.99%
38	Yatharth Hospital & Trauma Care Serv Ltd ₹292.25 Cr	Healthcare Services	0.98%
39	Aditya Birla Sun Life AMC Limited ₹279.17 Cr	Capital Markets	0.94%
40	PVR INOX Limited ₹276.96 Cr	Entertainment	0.93%
41	Bandhan Bank Limited ₹273.26 Cr	Banks	0.92%
42	Life Insurance Corporation Of India ₹271.33 Cr	Insurance	0.91%
43	Tech Mahindra Limited ₹268.62 Cr	IT - Software	0.90%
44	Hindustan Unilever Limited ₹264.77 Cr	Diversified FMCG	0.89%
45	Bharti Airtel Limited ₹265.18 Cr	Telecom - Services	0.89%
46	Lohia Corp Ltd ₹255.57 Cr	Industrial Manufacturing	0.86%
47	Swiggy Limited ₹243.53 Cr	Retailing	0.82%
48	Piramal Finance Ltd ₹233.89 Cr	Finance	0.79%
49	Shree Cement Limited ₹233.85 Cr	Cement & Cement Products	0.79%
50	Shriram Finance Limited ₹230.78 Cr	Finance	0.78%
51	SRF Limited ₹224.10 Cr	Chemicals & Petrochemicals	0.75%
52	Dalmia Bharat Limited ₹197.15 Cr	Cement & Cement Products	0.66%
53	Billionbrains Garage Ventures Ltd ₹193.80 Cr	Capital Markets	0.65%
54	G R Infraprojects Limited ₹186.17 Cr	Construction	0.63%
55	Innova Captab Limited ₹172.87 Cr	Pharmaceuticals & Biotechnology	0.58%
56	Axiscades Technologies Ltd. ₹170.72 Cr	Aerospace & Defense	0.57%
57	Jubilant Pharmova Limited ₹168.95 Cr	Pharmaceuticals & Biotechnology	0.57%
58	Hindalco Industries Limited ₹168.53 Cr	Non - Ferrous Metals	0.57%
59	Pokarna Limited ₹153.29 Cr	Consumer Durables	0.52%
60	Amara Raja Energy & Mobility Ltd ₹153.82 Cr	Auto Components	0.52%
61	The India Cements Limited ₹154.96 Cr	Cement & Cement Products	0.52%
62	CRISIL Limited ₹148.59 Cr	Finance	0.50%
63	SUBROS LIMITED ₹140.08 Cr	Industrial Products	0.47%
64	Indigo Paints Limited ₹106.71 Cr	Consumer Durables	0.36%
65	Navneet Education Limited ₹97.46 Cr	Printing & Publication	0.33%
66	Ashoka Buildcon Ltd. ₹93.83 Cr	Construction	0.32%
67	National Stock Exchange of India Ltd. ₹81.49 Cr	Capital Markets	0.27%
68	Reliance Industries Limited ₹69.89 Cr	Petroleum Products	0.23%
69	JNK INDIA LIMITED ₹55.29 Cr	Industrial Manufacturing	0.19%
70	Jubilant Foodworks Limited ₹25.50 Cr	Leisure Services	0.09%
71	Orchid Pharma Limited ₹22.11 Cr	Pharmaceuticals & Biotechnology	0.07%
72	PI Industries Limited ₹58.90 L	Fertilizers & Agrochemicals	0.00%