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 Aug 2026 Comparing Jul 2026 → Aug 2026

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⌕

Stocks Held

Aug 2026

Equity Holdings

₹29,336.04 Cr

Equity only, excl. debt & cash

AAUM

₹25,873.27 Cr

Apr-Jun 2026 · Direct + Regular

Top 5 Weight

21.2%

Diversified

Top 10 Weight

35.6%

Diversified

Changes

1 new · 4 exits

Top Sector

Banks

20.5% of portfolio

Launch Date

08 Sep 2021

5 years old

AAUM (Average Assets Under Management) of ₹25,873.27 Cr for Apr-Jun 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 1 new addition and exited 4 stocks this month. The biggest new buy was One 97 Communications Limited (Financial Technology (Fintech)) at 0.79% weight. Tech Mahindra Limited was the biggest exit (IT - Software), which was held at 0.62%. Among existing holdings, HDFC Bank Limited saw the biggest increase — now at 5.30% of the portfolio. Bandhan Bank Limited was trimmed the most, now at 0.95%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 20.5%. ↓ 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

-1.81%

+1.16%

+11.45%

+5.07%

Latest NAV

₹21.43

11 Sep 2026

52W High

₹21.96

-2% from High

52W Low

₹17.20

+25% 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

23.9%

+ve in 95% windows

71.0% / -3.5%

3Y Rolling Avg

24.9% p.a.

+ve in 100% windows

33.1% / 18.5%

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)

0.76

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.04

Penalises downside volatility only.

Std Deviation (3Y)

15.9%

Lower = more consistent returns.

NAV Chart ₹21.43 11 Sep 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

Jun 2026 → Jul 2026

Sector	Prev	Curr ▼	Delta
Banks	19.0%	19.5%	▲ +0.5%
Automobiles	8.3%	8.5%	▲ +0.2%
Finance	9.4%	8.4%	▼ -1.0%
Telecom - Services	6.5%	6.1%	▼ -0.4%
IT - Software	6.0%	5.4%	▼ -0.6%
Construction	5.7%	5.0%	▼ -0.6%
Pharmaceuticals & Biotechnology	2.9%	4.4%	▲ +1.5%
Beverages	4.6%	4.4%	▼ -0.2%
Power	4.9%	4.4%	▼ -0.5%
Industrial Manufacturing	1.3%	4.3%	▲ +3.0%

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%

🟢

Biggest New Buy

One 97 Communications Limited

0.79% weight · Financial Technology (Fintech)

🔴

Biggest Exit

Tech Mahindra Limited

0.62% was held · IT - Software

↑

Biggest Add

HDFC Bank Limited

+1.40% · now 5.30%

↓

Biggest Trim

Bandhan Bank Limited

-0.72% · now 0.95%

🤝 Other funds also bought this month

One 97 Communications Limited 59 funds

👋 Other funds also exited

Tech Mahindra Limited 35 funds

Oil India Limited 16 funds

What Changed in the Portfolio This Month?

Comparing Jul 2026 → Aug 2026

Jul 2026 → Aug 2026

🟢 1 New Entry 🔴 4 Exits ↑ 19 Increased ↓ 46 Decreased

#	Stock	Sector	Weight (Aug 2026)
1	One 97 Communications Limited ₹239.88 Cr	Financial Technology (Fintech)	0.79%

#	Stock	Sector	Last Weight (Jul 2026)
1	Tech Mahindra Limited ₹181.92 Cr	IT - Software	0.62%
2	Oil India Limited ₹171.57 Cr	Oil	0.59%
3	ISGEC HEAVY ENGINEERING LIMITED ₹20.26 Cr	Construction	0.07%
4	Juniper Hotels Limited ₹10.04 Cr	Leisure Services	0.03%

#	Stock	Sector	Jul 2026	Aug 2026	Change
1	HDFC Bank Limited ₹1,618.29 Cr	Banks	3.90%	5.30%	+1.40%
2	Life Insurance Corporation Of India ₹295.93 Cr	Insurance	0.22%	0.97%	+0.75%
3	State Bank of India ₹1,188.26 Cr	Banks	3.23%	3.89%	+0.66%
4	Eternal Limited ₹1,020.39 Cr	Retailing	2.89%	3.34%	+0.45%
5	Oracle Financial Services Software Limited ₹1,237.02 Cr	IT - Software	3.77%	4.05%	+0.28%
6	Bank of Baroda ₹659.73 Cr	Banks	1.96%	2.16%	+0.20%
7	Jyoti CNC Automation Ltd ₹379.40 Cr	Industrial Manufacturing	1.05%	1.24%	+0.19%
8	Indo-MIM Limited ₹735.14 Cr	Industrial Manufacturing	2.23%	2.41%	+0.18%
9	Engineers India Limited ₹420.57 Cr	Construction	1.22%	1.38%	+0.16%
10	Yatharth Hospital & Trauma Care Serv Ltd ₹315.89 Cr	Healthcare Services	0.88%	1.03%	+0.15%
11	DLF Limited ₹354.08 Cr	Realty	1.04%	1.16%	+0.12%
12	Amara Raja Energy & Mobility Ltd ₹199.91 Cr	Auto Components	0.54%	0.65%	+0.11%
13	Whirlpool of India Limited ₹305.47 Cr	Consumer Durables	0.91%	1.00%	+0.09%
14	Tata Technologies Limited ₹375.92 Cr	IT - Services	1.16%	1.23%	+0.07%
15	Piramal Finance Ltd ₹296.11 Cr	Finance	0.90%	0.97%	+0.07%
16	Kalpataru Projects International Limited ₹316.64 Cr	Construction	1.00%	1.04%	+0.04%
17	PVR INOX Limited ₹229.94 Cr	Entertainment	0.71%	0.75%	+0.04%
18	Sun Pharmaceutical Industries Limited ₹704.61 Cr	Pharmaceuticals & Biotechnology	2.28%	2.31%	+0.03%
19	Innova Captab Limited ₹181.77 Cr	Pharmaceuticals & Biotechnology	0.58%	0.60%	+0.02%

#	Stock	Sector	Jul 2026	Aug 2026	Change
1	Bandhan Bank Limited ₹289.49 Cr	Banks	1.67%	0.95%	-0.72%
2	Mphasis Limited ₹109.48 Cr	IT - Software	0.98%	0.36%	-0.62%
3	Power Finance Corporation Limited ₹709.09 Cr	Finance	2.91%	2.32%	-0.59%
4	Jubilant Foodworks Limited ₹8.15 Cr	Leisure Services	0.57%	0.03%	-0.54%
5	Radico Khaitan Limited ₹745.79 Cr	Beverages	2.97%	2.44%	-0.53%
6	Maruti Suzuki India Limited ₹1,394.91 Cr	Automobiles	5.01%	4.57%	-0.44%
7	ITC Limited ₹602.35 Cr	Diversified FMCG	2.26%	1.97%	-0.29%
8	NLC India Limited ₹504.97 Cr	Power	1.92%	1.65%	-0.27%
9	NTPC Limited ₹678.05 Cr	Power	2.46%	2.22%	-0.24%
10	Bharti Airtel Limited ₹515.23 Cr	Telecom - Services	1.92%	1.69%	-0.23%
11	The Jammu & Kashmir Bank Limited ₹524.86 Cr	Banks	1.89%	1.72%	-0.17%
12	Sun TV Network Limited ₹360.91 Cr	Entertainment	1.35%	1.18%	-0.17%
13	Shriram Finance Limited ₹311.17 Cr	Finance	1.18%	1.02%	-0.16%
14	Indus Towers Limited ₹905.00 Cr	Telecom - Services	3.11%	2.96%	-0.15%
15	Shree Cement Limited ₹235.93 Cr	Cement & Cement Products	0.91%	0.77%	-0.14%
16	IndusInd Bank Limited ₹1,014.84 Cr	Banks	3.45%	3.32%	-0.13%
17	The South Indian Bank Limited ₹555.22 Cr	Banks	1.94%	1.82%	-0.12%
18	RBL Bank Limited ₹418.75 Cr	Banks	1.49%	1.37%	-0.12%
19	Hero MotoCorp Limited ₹1,026.99 Cr	Automobiles	3.47%	3.36%	-0.11%
20	SUBROS LIMITED ₹174.39 Cr	Industrial Products	0.68%	0.57%	-0.11%
21	Hindustan Unilever Limited ₹279.37 Cr	Diversified FMCG	1.02%	0.92%	-0.10%
22	Pokarna Limited ₹204.49 Cr	Consumer Durables	0.77%	0.67%	-0.10%
23	Poonawalla Fincorp Limited ₹544.55 Cr	Finance	1.86%	1.78%	-0.08%
24	United Spirits Limited ₹415.34 Cr	Beverages	1.44%	1.36%	-0.08%
25	The India Cements Limited ₹184.03 Cr	Cement & Cement Products	0.68%	0.60%	-0.08%
26	Swiggy Limited ₹388.74 Cr	Retailing	1.34%	1.27%	-0.07%
27	Tata Communications Limited ₹302.42 Cr	Telecom - Services	1.05%	0.99%	-0.06%
28	Jubilant Pharmova Limited ₹165.26 Cr	Pharmaceuticals & Biotechnology	0.60%	0.54%	-0.06%
29	SRF Limited ₹232.88 Cr	Chemicals & Petrochemicals	0.81%	0.76%	-0.05%
30	PI Industries Limited ₹167.81 Cr	Fertilizers & Agrochemicals	0.60%	0.55%	-0.05%
31	UltraTech Cement Limited ₹166.03 Cr	Cement & Cement Products	0.59%	0.54%	-0.05%
32	InterGlobe Aviation Limited ₹366.38 Cr	Transport Services	1.24%	1.20%	-0.04%
33	Larsen & Toubro Limited ₹483.49 Cr	Construction	1.61%	1.58%	-0.03%
34	G R Infraprojects Limited ₹216.09 Cr	Construction	0.74%	0.71%	-0.03%
35	Billionbrains Garage Ventures Ltd ₹165.53 Cr	Capital Markets	0.57%	0.54%	-0.03%
36	LIC Housing Finance Limited ₹470.13 Cr	Finance	1.56%	1.54%	-0.02%
37	Acutaas Chemicals Ltd ₹261.37 Cr	Pharmaceuticals & Biotechnology	0.88%	0.86%	-0.02%
38	Ashoka Buildcon Ltd. ₹117.09 Cr	Construction	0.40%	0.38%	-0.02%
39	Reliance Industries Limited ₹76.62 Cr	Petroleum Products	0.27%	0.25%	-0.02%
40	Kajaria Ceramics Limited ₹577.24 Cr	Consumer Durables	1.90%	1.89%	-0.01%
41	Dalmia Bharat Limited ₹275.93 Cr	Cement & Cement Products	0.91%	0.90%	-0.01%
42	Lohia Corp Ltd ₹245.40 Cr	Industrial Manufacturing	0.81%	0.80%	-0.01%
43	Indigo Paints Limited ₹123.36 Cr	Consumer Durables	0.41%	0.40%	-0.01%
44	Navneet Education Limited ₹103.87 Cr	Printing & Publication	0.35%	0.34%	-0.01%
45	JNK INDIA LIMITED ₹63.72 Cr	Industrial Manufacturing	0.22%	0.21%	-0.01%
46	Orchid Pharma Limited ₹25.66 Cr	Pharmaceuticals & Biotechnology	0.09%	0.08%	-0.01%

What Stocks Does This Fund Hold?

68 stocks — Aug 2026

#	Stock	Sector	Weight & Value
1	HDFC Bank Limited ₹1,618.29 Cr	Banks	5.30%
2	Maruti Suzuki India Limited ₹1,394.91 Cr	Automobiles	4.57%
3	Oracle Financial Services Software Limited ₹1,237.02 Cr	IT - Software	4.05%
4	State Bank of India ₹1,188.26 Cr	Banks	3.89%
5	Hero MotoCorp Limited ₹1,026.99 Cr	Automobiles	3.36%
6	Eternal Limited ₹1,020.39 Cr	Retailing	3.34%
7	IndusInd Bank Limited ₹1,014.84 Cr	Banks	3.32%
8	Indus Towers Limited ₹905.00 Cr	Telecom - Services	2.96%
9	Radico Khaitan Limited ₹745.79 Cr	Beverages	2.44%
10	Indo-MIM Limited ₹735.14 Cr	Industrial Manufacturing	2.41%
11	Power Finance Corporation Limited ₹709.09 Cr	Finance	2.32%
12	Sun Pharmaceutical Industries Limited ₹704.61 Cr	Pharmaceuticals & Biotechnology	2.31%
13	NTPC Limited ₹678.05 Cr	Power	2.22%
14	Bank of Baroda ₹659.73 Cr	Banks	2.16%
15	ITC Limited ₹602.35 Cr	Diversified FMCG	1.97%
16	Kajaria Ceramics Limited ₹577.24 Cr	Consumer Durables	1.89%
17	The South Indian Bank Limited ₹555.22 Cr	Banks	1.82%
18	Poonawalla Fincorp Limited ₹544.55 Cr	Finance	1.78%
19	The Jammu & Kashmir Bank Limited ₹524.86 Cr	Banks	1.72%
20	Bharti Airtel Limited ₹515.23 Cr	Telecom - Services	1.69%
21	NLC India Limited ₹504.97 Cr	Power	1.65%
22	Larsen & Toubro Limited ₹483.49 Cr	Construction	1.58%
23	LIC Housing Finance Limited ₹470.13 Cr	Finance	1.54%
24	Engineers India Limited ₹420.57 Cr	Construction	1.38%
25	RBL Bank Limited ₹418.75 Cr	Banks	1.37%
26	United Spirits Limited ₹415.34 Cr	Beverages	1.36%
27	Swiggy Limited ₹388.74 Cr	Retailing	1.27%
28	Jyoti CNC Automation Ltd ₹379.40 Cr	Industrial Manufacturing	1.24%
29	Tata Technologies Limited ₹375.92 Cr	IT - Services	1.23%
30	InterGlobe Aviation Limited ₹366.38 Cr	Transport Services	1.20%
31	Sun TV Network Limited ₹360.91 Cr	Entertainment	1.18%
32	Aditya Birla Sun Life AMC Limited ₹359.27 Cr	Capital Markets	1.18%
33	DLF Limited ₹354.08 Cr	Realty	1.16%
34	Kalpataru Projects International Limited ₹316.64 Cr	Construction	1.04%
35	Yatharth Hospital & Trauma Care Serv Ltd ₹315.89 Cr	Healthcare Services	1.03%
36	Shriram Finance Limited ₹311.17 Cr	Finance	1.02%
37	Whirlpool of India Limited ₹305.47 Cr	Consumer Durables	1.00%
38	Tata Communications Limited ₹302.42 Cr	Telecom - Services	0.99%
39	Piramal Finance Ltd ₹296.11 Cr	Finance	0.97%
40	Life Insurance Corporation Of India ₹295.93 Cr	Insurance	0.97%
41	Bandhan Bank Limited ₹289.49 Cr	Banks	0.95%
42	Hindustan Unilever Limited ₹279.37 Cr	Diversified FMCG	0.92%
43	Dalmia Bharat Limited ₹275.93 Cr	Cement & Cement Products	0.90%
44	Acutaas Chemicals Ltd ₹261.37 Cr	Pharmaceuticals & Biotechnology	0.86%
45	Lohia Corp Ltd ₹245.40 Cr	Industrial Manufacturing	0.80%
46	One 97 Communications Limited ₹239.88 Cr	Financial Technology (Fintech)	0.79%
47	Shree Cement Limited ₹235.93 Cr	Cement & Cement Products	0.77%
48	SRF Limited ₹232.88 Cr	Chemicals & Petrochemicals	0.76%
49	PVR INOX Limited ₹229.94 Cr	Entertainment	0.75%
50	G R Infraprojects Limited ₹216.09 Cr	Construction	0.71%
51	Pokarna Limited ₹204.49 Cr	Consumer Durables	0.67%
52	Amara Raja Energy & Mobility Ltd ₹199.91 Cr	Auto Components	0.65%
53	Hindalco Industries Limited ₹193.44 Cr	Non - Ferrous Metals	0.63%
54	The India Cements Limited ₹184.03 Cr	Cement & Cement Products	0.60%
55	Innova Captab Limited ₹181.77 Cr	Pharmaceuticals & Biotechnology	0.60%
56	SUBROS LIMITED ₹174.39 Cr	Industrial Products	0.57%
57	PI Industries Limited ₹167.81 Cr	Fertilizers & Agrochemicals	0.55%
58	Jubilant Pharmova Limited ₹165.26 Cr	Pharmaceuticals & Biotechnology	0.54%
59	Billionbrains Garage Ventures Ltd ₹165.53 Cr	Capital Markets	0.54%
60	UltraTech Cement Limited ₹166.03 Cr	Cement & Cement Products	0.54%
61	Indigo Paints Limited ₹123.36 Cr	Consumer Durables	0.40%
62	Ashoka Buildcon Ltd. ₹117.09 Cr	Construction	0.38%
63	Mphasis Limited ₹109.48 Cr	IT - Software	0.36%
64	Navneet Education Limited ₹103.87 Cr	Printing & Publication	0.34%
65	Reliance Industries Limited ₹76.62 Cr	Petroleum Products	0.25%
66	JNK INDIA LIMITED ₹63.72 Cr	Industrial Manufacturing	0.21%
67	Orchid Pharma Limited ₹25.66 Cr	Pharmaceuticals & Biotechnology	0.08%
68	Jubilant Foodworks Limited ₹8.15 Cr	Leisure Services	0.03%