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 Apr 2026 Comparing Mar 2026 → Apr 2026

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Stocks Held

Apr 2026

Equity Holdings

₹25,273.35 Cr

Equity only, excl. debt & cash

Top 5 Weight

17.8%

Diversified

Top 10 Weight

32.3%

Diversified

Changes

3 new · 2 exits

Top Sector

Banks

16.0% of portfolio

📋 What Happened This Month Kotak Multicap Fund made 3 new additions and exited 2 stocks this month. The biggest new buy was Hindustan Unilever Limited (Diversified FMCG) at 1.24% weight. FSN E-Commerce Ventures Limited was the biggest exit (Retailing), which was held at 0.58%. Among existing holdings, Bandhan Bank Limited saw the biggest increase — now at 2.29% of the portfolio. Hero MotoCorp Limited was trimmed the most, now at 3.61%. Maruti Suzuki India Limited remains the top holding with Banks the dominant sector at 16.0%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

NAV Performance

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

-2.62%

+1.86%

-2.60%

+5.74%

Latest NAV

₹20.70

04 Jun 2026

52W High

₹21.65

-4% from High

52W Low

₹16.70

+24% 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

25.1%

+ve in 95% windows

71.0% / -3.5%

3Y Rolling Avg

25.5% 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)

1.10

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.52

Penalises downside volatility only.

Std Deviation (3Y)

15.7%

Lower = more consistent returns.

NAV Chart ₹20.70 04 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: ₹20.70

Sector Shift Industry allocation month-over-month

Feb 2026 → Mar 2026

Sector	Prev	Curr ▼	Delta
Banks	17.4%	15.4%	▼ -2.0%
Finance	10.6%	10.3%	▼ -0.3%
Automobiles	9.5%	9.0%	▼ -0.6%
IT - Software	6.9%	7.0%	▲ +0.2%
Telecom - Services	6.8%	6.9%	● +0.1%
Construction	5.8%	5.5%	▼ -0.3%
Power	4.8%	5.4%	▲ +0.6%
Retailing	4.2%	4.2%	● +0.0%
Beverages	2.3%	3.9%	▲ +1.5%
Cement & Cement Products	4.0%	3.7%	▼ -0.2%

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%

🟢

Biggest New Buy

Hindustan Unilever Limited

1.24% weight · Diversified FMCG

🔴

Biggest Exit

FSN E-Commerce Ventures Limited

0.58% was held · Retailing

↑

Biggest Add

Bandhan Bank Limited

+0.53% · now 2.29%

↓

Biggest Trim

Hero MotoCorp Limited

-0.58% · now 3.61%

🤝 Other funds also bought this month

InterGlobe Aviation Limited 83 funds

Hindustan Unilever Limited 58 funds

Vedanta Limited 38 funds

👋 Other funds also exited

Wipro Limited 19 funds

FSN E-Commerce Ventures Limited 12 funds

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 → Apr 2026

🟢 3 New Entries 🔴 2 Exits ↑ 24 Increased ↓ 39 Decreased

#	Stock	Sector	Weight (Apr 2026)
1	Hindustan Unilever Limited ₹319.63 Cr	Diversified FMCG	1.24%
2	InterGlobe Aviation Limited ₹214.77 Cr	Transport Services	0.83%
3	Vedanta Limited ₹122.20 Cr	Diversified Metals	0.47%

#	Stock	Sector	Last Weight (Mar 2026)
1	FSN E-Commerce Ventures Limited ₹129.25 Cr	Retailing	0.58%
2	Wipro Limited ₹17.61 Cr	IT - Software	0.08%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Bandhan Bank Limited ₹590.36 Cr	Banks	1.76%	2.29%	+0.53%
2	Kajaria Ceramics Limited ₹550.74 Cr	Consumer Durables	1.72%	2.14%	+0.42%
3	Oracle Financial Services Software Limited ₹501.14 Cr	IT - Software	1.57%	1.94%	+0.37%
4	Larsen & Toubro Limited ₹459.73 Cr	Construction	1.42%	1.78%	+0.36%
5	Radico Khaitan Limited ₹804.95 Cr	Beverages	2.80%	3.12%	+0.32%
6	Power Finance Corporation Limited ₹745.02 Cr	Finance	2.58%	2.89%	+0.31%
7	Engineers India Limited ₹404.62 Cr	Construction	1.32%	1.57%	+0.25%
8	Hindalco Industries Limited ₹197.74 Cr	Non - Ferrous Metals	0.56%	0.77%	+0.21%
9	IndusInd Bank Limited ₹914.47 Cr	Banks	3.40%	3.55%	+0.15%
10	Yatharth Hospital & Trauma Care Serv Ltd ₹258.54 Cr	Healthcare Services	0.88%	1.00%	+0.12%
11	State Bank of India ₹769.28 Cr	Banks	2.88%	2.99%	+0.11%
12	PI Industries Limited ₹190.93 Cr	Fertilizers & Agrochemicals	0.65%	0.74%	+0.09%
13	Ashoka Buildcon Ltd. ₹137.94 Cr	Construction	0.47%	0.54%	+0.07%
14	Whirlpool of India Limited ₹180.92 Cr	Consumer Durables	0.64%	0.70%	+0.06%
15	JNK INDIA LIMITED ₹55.09 Cr	Industrial Manufacturing	0.15%	0.21%	+0.06%
16	Tata Steel Limited ₹200.79 Cr	Ferrous Metals	0.74%	0.78%	+0.04%
17	SUBROS LIMITED ₹189.22 Cr	Industrial Products	0.70%	0.73%	+0.03%
18	NLC India Limited ₹597.89 Cr	Power	2.30%	2.32%	+0.02%
19	Kalpataru Projects International Limited ₹282.60 Cr	Construction	1.08%	1.10%	+0.02%
20	Indigo Paints Limited ₹92.04 Cr	Consumer Durables	0.34%	0.36%	+0.02%
21	ISGEC HEAVY ENGINEERING LIMITED ₹79.75 Cr	Construction	0.29%	0.31%	+0.02%
22	The Jammu & Kashmir Bank Limited ₹378.80 Cr	Banks	1.46%	1.47%	+0.01%
23	G R Infraprojects Limited ₹231.14 Cr	Construction	0.89%	0.90%	+0.01%
24	HERITAGE FOODS LTD ₹63.36 Cr	Food Products	0.24%	0.25%	+0.01%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Hero MotoCorp Limited ₹931.27 Cr	Automobiles	4.19%	3.61%	-0.58%
2	Indus Towers Limited ₹791.67 Cr	Telecom - Services	3.61%	3.07%	-0.54%
3	Maruti Suzuki India Limited ₹1,144.58 Cr	Automobiles	4.79%	4.44%	-0.35%
4	Bharti Airtel Limited ₹583.70 Cr	Telecom - Services	2.50%	2.27%	-0.23%
5	Acutaas Chemicals Ltd ₹380.33 Cr	Pharmaceuticals & Biotechnology	1.70%	1.48%	-0.22%
6	Eternal Limited ₹580.52 Cr	Retailing	2.44%	2.25%	-0.19%
7	ITC Limited ₹682.56 Cr	Diversified FMCG	2.82%	2.65%	-0.17%
8	Bank of Baroda ₹417.58 Cr	Banks	1.78%	1.62%	-0.16%
9	Sun TV Network Limited ₹421.32 Cr	Entertainment	1.79%	1.64%	-0.15%
10	Infosys Limited ₹289.74 Cr	IT - Software	1.27%	1.12%	-0.15%
11	Oil India Limited ₹284.36 Cr	Oil	1.25%	1.10%	-0.15%
12	Shriram Finance Limited ₹759.59 Cr	Finance	3.08%	2.95%	-0.13%
13	Tata Consultancy Services Limited ₹293.16 Cr	IT - Software	1.27%	1.14%	-0.13%
14	Jyoti CNC Automation Ltd ₹278.47 Cr	Industrial Manufacturing	1.21%	1.08%	-0.13%
15	Tech Mahindra Limited ₹309.68 Cr	IT - Software	1.32%	1.20%	-0.12%
16	Swiggy Limited ₹264.62 Cr	Retailing	1.15%	1.03%	-0.12%
17	Ashok Leyland Limited ₹274.66 Cr	Agricultural, Commercial & Construction Vehicles	1.18%	1.07%	-0.11%
18	Shree Cement Limited ₹246.05 Cr	Cement & Cement Products	1.06%	0.95%	-0.11%
19	Piramal Finance Ltd ₹373.69 Cr	Finance	1.55%	1.45%	-0.10%
20	Dalmia Bharat Limited ₹283.38 Cr	Cement & Cement Products	1.20%	1.10%	-0.10%
21	SRF Limited ₹203.89 Cr	Chemicals & Petrochemicals	0.89%	0.79%	-0.10%
22	NTPC Limited ₹786.72 Cr	Power	3.14%	3.05%	-0.09%
23	Pokarna Limited ₹208.40 Cr	Consumer Durables	0.90%	0.81%	-0.09%
24	Mphasis Limited ₹368.94 Cr	IT - Software	1.51%	1.43%	-0.08%
25	Tata Motors Ltd ₹169.02 Cr	Agricultural, Commercial & Construction Vehicles	0.74%	0.66%	-0.08%
26	United Spirits Limited ₹257.33 Cr	Beverages	1.07%	1.00%	-0.07%
27	Poonawalla Fincorp Limited ₹489.84 Cr	Finance	1.96%	1.90%	-0.06%
28	Life Insurance Corporation Of India ₹282.45 Cr	Insurance	1.16%	1.10%	-0.06%
29	Kotak Mahindra Bank Limited ₹201.23 Cr	Banks	0.84%	0.78%	-0.06%
30	UltraTech Cement Limited ₹168.00 Cr	Cement & Cement Products	0.71%	0.65%	-0.06%
31	Reliance Industries Limited ₹157.39 Cr	Petroleum Products	0.67%	0.61%	-0.06%
32	Innova Captab Limited ₹134.54 Cr	Pharmaceuticals & Biotechnology	0.56%	0.52%	-0.04%
33	The South Indian Bank Limited ₹404.93 Cr	Banks	1.59%	1.57%	-0.02%
34	Jubilant Pharmova Limited ₹173.64 Cr	Pharmaceuticals & Biotechnology	0.69%	0.67%	-0.02%
35	Jubilant Foodworks Limited ₹88.78 Cr	Leisure Services	0.36%	0.34%	-0.02%
36	Juniper Hotels Limited ₹56.36 Cr	Leisure Services	0.24%	0.22%	-0.02%
37	RBL Bank Limited ₹441.45 Cr	Banks	1.72%	1.71%	-0.01%
38	Aditya Birla Sun Life AMC Limited ₹316.31 Cr	Capital Markets	1.24%	1.23%	-0.01%
39	The India Cements Limited ₹196.57 Cr	Cement & Cement Products	0.77%	0.76%	-0.01%

Full Portfolio

72 stocks — Apr 2026

#	Stock	Sector	Weight & Value
1	Maruti Suzuki India Limited ₹1,144.58 Cr	Automobiles	4.44%
2	Hero MotoCorp Limited ₹931.27 Cr	Automobiles	3.61%
3	IndusInd Bank Limited ₹914.47 Cr	Banks	3.55%
4	Radico Khaitan Limited ₹804.95 Cr	Beverages	3.12%
5	Indus Towers Limited ₹791.67 Cr	Telecom - Services	3.07%
6	NTPC Limited ₹786.72 Cr	Power	3.05%
7	State Bank of India ₹769.28 Cr	Banks	2.99%
8	Shriram Finance Limited ₹759.59 Cr	Finance	2.95%
9	Power Finance Corporation Limited ₹745.02 Cr	Finance	2.89%
10	ITC Limited ₹682.56 Cr	Diversified FMCG	2.65%
11	NLC India Limited ₹597.89 Cr	Power	2.32%
12	Bandhan Bank Limited ₹590.36 Cr	Banks	2.29%
13	Bharti Airtel Limited ₹583.70 Cr	Telecom - Services	2.27%
14	Eternal Limited ₹580.52 Cr	Retailing	2.25%
15	Kajaria Ceramics Limited ₹550.74 Cr	Consumer Durables	2.14%
16	Oracle Financial Services Software Limited ₹501.14 Cr	IT - Software	1.94%
17	Poonawalla Fincorp Limited ₹489.84 Cr	Finance	1.90%
18	Larsen & Toubro Limited ₹459.73 Cr	Construction	1.78%
19	RBL Bank Limited ₹441.45 Cr	Banks	1.71%
20	Sun TV Network Limited ₹421.32 Cr	Entertainment	1.64%
21	Bank of Baroda ₹417.58 Cr	Banks	1.62%
22	The South Indian Bank Limited ₹404.93 Cr	Banks	1.57%
23	Engineers India Limited ₹404.62 Cr	Construction	1.57%
24	Acutaas Chemicals Ltd ₹380.33 Cr	Pharmaceuticals & Biotechnology	1.48%
25	The Jammu & Kashmir Bank Limited ₹378.80 Cr	Banks	1.47%
26	Piramal Finance Ltd ₹373.69 Cr	Finance	1.45%
27	Mphasis Limited ₹368.94 Cr	IT - Software	1.43%
28	Hindustan Unilever Limited ₹319.63 Cr	Diversified FMCG	1.24%
29	Aditya Birla Sun Life AMC Limited ₹316.31 Cr	Capital Markets	1.23%
30	Tech Mahindra Limited ₹309.68 Cr	IT - Software	1.20%
31	Tata Consultancy Services Limited ₹293.16 Cr	IT - Software	1.14%
32	Infosys Limited ₹289.74 Cr	IT - Software	1.12%
33	Oil India Limited ₹284.36 Cr	Oil	1.10%
34	Dalmia Bharat Limited ₹283.38 Cr	Cement & Cement Products	1.10%
35	Kalpataru Projects International Limited ₹282.60 Cr	Construction	1.10%
36	Life Insurance Corporation Of India ₹282.45 Cr	Insurance	1.10%
37	PNB Housing Finance Limited ₹279.35 Cr	Finance	1.08%
38	Jyoti CNC Automation Ltd ₹278.47 Cr	Industrial Manufacturing	1.08%
39	Ashok Leyland Limited ₹274.66 Cr	Agricultural, Commercial & Construction Vehicles	1.07%
40	Swiggy Limited ₹264.62 Cr	Retailing	1.03%
41	Yatharth Hospital & Trauma Care Serv Ltd ₹258.54 Cr	Healthcare Services	1.00%
42	United Spirits Limited ₹257.33 Cr	Beverages	1.00%
43	Shree Cement Limited ₹246.05 Cr	Cement & Cement Products	0.95%
44	G R Infraprojects Limited ₹231.14 Cr	Construction	0.90%
45	Happy Forgings Limited ₹229.99 Cr	Industrial Products	0.89%
46	InterGlobe Aviation Limited ₹214.77 Cr	Transport Services	0.83%
47	Pokarna Limited ₹208.40 Cr	Consumer Durables	0.81%
48	PVR INOX Limited ₹206.80 Cr	Entertainment	0.80%
49	SRF Limited ₹203.89 Cr	Chemicals & Petrochemicals	0.79%
50	Kotak Mahindra Bank Limited ₹201.23 Cr	Banks	0.78%
51	Tata Steel Limited ₹200.79 Cr	Ferrous Metals	0.78%
52	Tata Communications Limited ₹198.32 Cr	Telecom - Services	0.77%
53	Hindalco Industries Limited ₹197.74 Cr	Non - Ferrous Metals	0.77%
54	The India Cements Limited ₹196.57 Cr	Cement & Cement Products	0.76%
55	PI Industries Limited ₹190.93 Cr	Fertilizers & Agrochemicals	0.74%
56	SUBROS LIMITED ₹189.22 Cr	Industrial Products	0.73%
57	Whirlpool of India Limited ₹180.92 Cr	Consumer Durables	0.70%
58	Jubilant Pharmova Limited ₹173.64 Cr	Pharmaceuticals & Biotechnology	0.67%
59	Tata Motors Ltd ₹169.02 Cr	Agricultural, Commercial & Construction Vehicles	0.66%
60	UltraTech Cement Limited ₹168.00 Cr	Cement & Cement Products	0.65%
61	Reliance Industries Limited ₹157.39 Cr	Petroleum Products	0.61%
62	Ashoka Buildcon Ltd. ₹137.94 Cr	Construction	0.54%
63	Innova Captab Limited ₹134.54 Cr	Pharmaceuticals & Biotechnology	0.52%
64	Vedanta Limited ₹122.20 Cr	Diversified Metals	0.47%
65	Navneet Education Limited ₹112.01 Cr	Printing & Publication	0.43%
66	Indigo Paints Limited ₹92.04 Cr	Consumer Durables	0.36%
67	Jubilant Foodworks Limited ₹88.78 Cr	Leisure Services	0.34%
68	ISGEC HEAVY ENGINEERING LIMITED ₹79.75 Cr	Construction	0.31%
69	HERITAGE FOODS LTD ₹63.36 Cr	Food Products	0.25%
70	Juniper Hotels Limited ₹56.36 Cr	Leisure Services	0.22%
71	JNK INDIA LIMITED ₹55.09 Cr	Industrial Manufacturing	0.21%
72	Orchid Pharma Limited ₹16.54 Cr	Pharmaceuticals & Biotechnology	0.06%