Loading…
Large & Mid Cap · Kotak Mahindra Mutual Fund · AMFI code 103233Kotak Large & Mid Cap Fund
Disclosed for 3 months, Jul 2026 to Sep 2026.
Portfolio value
₹30,581 Cr
down ₹1,744 Cr vs Aug 2026
- Stocks held
- 67
- unchanged
- Top 10 weight
- 29.9%
- of the portfolio in its ten largest
- Cash & debt
- 2.4%
- cash, money market and debt
- Moves this month
- 2 in · 2 out
- added to 7, trimmed 57
Holdings as of the end of September 2026, from Kotak Mahindra Mutual Fund’s monthly portfolio disclosure. Fund houses publish each month’s portfolio within 10 days of the month end, and this page is updated after they do. How the data is checked
Kotak Large & Mid Cap Fund is an active equity fund in the Large & Mid Cap category from Kotak Mahindra Mutual Fund. In September 2026 it disclosed 67 stocks worth ₹30,581 Cr, down ₹1,744 Cr from Aug 2026. Its largest positions were HDFC Bank Limited (4.5%), State Bank of India (3.9%), Eternal Limited (3.8%); the ten largest together made up 29.9% of the portfolio, and Banks was the biggest sector at 19.2% of its equity. Cash and debt stood at 2.4%. Compared with Aug 2026 the fund entered 2 new stocks and exited 2.
Against 34 other Large & Mid Cap funds
Concentration
38%
Top-10 weight is higher than 38% of peers
Breadth
38%
Holds more stocks than 38% of peers
Cash
50%
Holds more cash than 50% of peers
What these mean: concentration · cash
Holdings in September 2026
Download CSVEvery line the fund disclosed, with the change against Aug 2026. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| HDFC Bank Limited | 4.52% | up 0.24 pts | ₹1,382 Cr | down ₹59 L | Held |
| State Bank of India | 3.92% | down 0.18 pts | ₹1,199 Cr | down ₹126 Cr | Trimmed |
| Eternal Limited | 3.77% | up 0.11 pts | ₹1,152 Cr | down ₹29.2 Cr | Trimmed |
| Bharat Electronics Limited | 3.56% | down 0.03 pts | ₹1,087 Cr | down ₹73.2 Cr | Trimmed |
| ICICI Bank Limited | 3.03% | down 0.12 pts | ₹925 Cr | down ₹92.6 Cr | Trimmed |
| Cash, TREPS & receivables | 2.42% | up 0.36 pts | ₹741 Cr | up ₹75.1 Cr | Added |
| Axis Bank Limited | 2.41% | down 0.09 pts | ₹736 Cr | down ₹70.4 Cr | Trimmed |
| Larsen & Toubro Limited | 2.27% | down 0.04 pts | ₹696 Cr | down ₹52.7 Cr | Trimmed |
| Bharti Airtel Limited | 2.18% | up 0.05 pts | ₹668 Cr | down ₹20.9 Cr | Trimmed |
| Bharat Forge Limited | 2.14% | down 0.07 pts | ₹655 Cr | down ₹60.8 Cr | Trimmed |
| Ashok Leyland Limited | 2.12% | down 0.16 pts | ₹648 Cr | down ₹90.1 Cr | Trimmed |
| Bajaj Finance Limited | 2.12% | down 0.09 pts | ₹648 Cr | down ₹65.9 Cr | Trimmed |
| Hero MotoCorp Limited | 2.10% | up 0.03 pts | ₹642 Cr | down ₹25.6 Cr | Trimmed |
| BSE Limited | 2.02% | down 0.01 pts | ₹618 Cr | down ₹38 Cr | Trimmed |
| Linde India Limited | 1.96% | up 0.09 pts | ₹601 Cr | down ₹5.9 Cr | Trimmed |
| Jindal Steel & Power Limited | 1.93% | up 0.01 pts | ₹590 Cr | down ₹30.2 Cr | Trimmed |
| Sun Pharmaceutical Industries Limited | 1.90% | down 0.06 pts | ₹581 Cr | down ₹53.8 Cr | Trimmed |
| Coromandel International Limited | 1.84% | down 0.05 pts | ₹563 Cr | down ₹47.3 Cr | Trimmed |
| Shriram Transport Finance Company Limited Shriram Finance Limited · history in this fund | 1.77% | down 0.12 pts | ₹540 Cr | down ₹70 Cr | Trimmed |
| Motilal Oswal Financial Services Limited | 1.76% | up 0.01 pts | ₹537 Cr | down ₹26.4 Cr | Trimmed |
| Hindustan Petroleum Corporation Limited | 1.60% | up 0.02 pts | ₹490 Cr | down ₹21.6 Cr | Trimmed |
| Tech Mahindra Limited | 1.59% | down 0.02 pts | ₹488 Cr | down ₹33.3 Cr | Trimmed |
| IPCA Laboratories Limited | 1.59% | up 0.05 pts | ₹487 Cr | down ₹12.1 Cr | Trimmed |
| Indian Bank | 1.58% | down 0.09 pts | ₹484 Cr | down ₹55.7 Cr | Trimmed |
| Biocon Limited | 1.57% | down 0.08 pts | ₹481 Cr | down ₹54.2 Cr | Trimmed |
| DDB DEWAN HSG FINANCE CORPORATION LTD Piramal Finance Limited · history in this fund | 1.57% | down 0.09 pts | ₹480 Cr | down ₹56 Cr | Trimmed |
| MphasiS Limited | 1.55% | down 0.10 pts | ₹474 Cr | down ₹60.1 Cr | Trimmed |
| IndusInd Bank Limited | 1.47% | down 0.10 pts | ₹451 Cr | down ₹57.6 Cr | Trimmed |
| INDO-MIM Ltd. | 1.42% | up 0.74 pts | ₹435 Cr | up ₹213 Cr | Added |
| SRF Limited | 1.41% | up 0.03 pts | ₹433 Cr | down ₹15.4 Cr | Trimmed |
| Reliance Industries Limited | 1.40% | down 0.02 pts | ₹427 Cr | down ₹32.4 Cr | Trimmed |
| Infosys Limited | 1.30% | down 0.10 pts | ₹398 Cr | down ₹55.9 Cr | Trimmed |
| Schaeffler India Limited | 1.27% | up 0.11 pts | ₹390 Cr | up ₹13.9 Cr | Added |
| Apollo Tyres Limited | 1.26% | down 0.03 pts | ₹384 Cr | down ₹32.5 Cr | Trimmed |
| UltraTech Cement Limited | 1.25% | up 0.01 pts | ₹383 Cr | down ₹17.3 Cr | Trimmed |
| Astra Microwave Products Limited | 1.23% | up 0.05 pts | ₹376 Cr | down ₹6.7 Cr | Trimmed |
| Dalmia Bharat Limited | 1.23% | down 0.05 pts | ₹375 Cr | down ₹38.4 Cr | Trimmed |
| Fortis Healthcare Limited | 1.18% | down 0.14 pts | ₹362 Cr | down ₹64.3 Cr | Trimmed |
| Poonawalla Fincorp Limited | 1.18% | up 0.01 pts | ₹360 Cr | down ₹16.2 Cr | Trimmed |
| Ajanta Pharma Limited | 1.17% | up 0.07 pts | ₹357 Cr | up ₹1.9 Cr | Added |
| InterGlobe Aviation Limited | 1.14% | up 0.01 pts | ₹349 Cr | down ₹17.5 Cr | Trimmed |
| Pine Labs Limited | 1.12% | up 1.12 pts | ₹344 Cr | up ₹344 Cr | New |
| One 97 Communications Limited | 1.10% | up 1.10 pts | ₹336 Cr | up ₹336 Cr | New |
| Swiggy Limited | 1.06% | down 0.07 pts | ₹325 Cr | down ₹41.3 Cr | Trimmed |
| Adani Enterprises Limited | 1.06% | up 0.07 pts | ₹324 Cr | up ₹4.9 Cr | Added |
| Aster DM Healthcare Limited | 1.05% | down 0.02 pts | ₹321 Cr | down ₹24.7 Cr | Trimmed |
| ABB India Limited | 1.00% | down 0.18 pts | ₹305 Cr | down ₹77 Cr | Trimmed |
| GlaxoSmithKline Pharmaceuticals Limited | 1.00% | down 0.04 pts | ₹305 Cr | down ₹30.9 Cr | Trimmed |
| JK Cement Limited | 1.00% | up 0.04 pts | ₹305 Cr | down ₹3.4 Cr | Trimmed |
| Kotak Mahindra Bank Limited | 0.99% | up 0.05 pts | ₹302 Cr | down ₹1.7 Cr | Trimmed |
What changed, Aug 2026 to Sep 2026
New New positions (2)
- Pine Labs Limited1.1% · ₹344 Cr
- One 97 Communications Limited1.1% · ₹336 Cr
Exited Exited (2)
- Power Grid Corporation of India Limitedwas 0.6% · ₹198 Cr
- Sun TV Network Limitedwas 0.1% · ₹21.3 Cr
Added Biggest additions
- INDO-MIM Ltd.up ₹213 Cr (+0.74% pts)
- Schaeffler India Limitedup ₹13.9 Cr (+0.11% pts)
- Torrent Power Limitedup ₹7.4 Cr (+0.08% pts)
- Adani Enterprises Limitedup ₹4.9 Cr (+0.07% pts)
- Dixon Technologies (India) Limitedup ₹3.8 Cr (+0.03% pts)
- BEML Limitedup ₹3.4 Cr (+0.03% pts)
- Ajanta Pharma Limitedup ₹1.9 Cr (+0.07% pts)
Trimmed Biggest reductions
- Cummins India Limiteddown ₹414 Cr (−1.27% pts)
- State Bank of Indiadown ₹126 Cr (−0.18% pts)
- ICICI Bank Limiteddown ₹92.6 Cr (−0.12% pts)
- Ashok Leyland Limiteddown ₹90.1 Cr (−0.16% pts)
- Blue Star Limiteddown ₹79 Cr (−0.21% pts)
- ABB India Limiteddown ₹77 Cr (−0.18% pts)
- Bharat Electronics Limiteddown ₹73.2 Cr (−0.03% pts)
- Axis Bank Limiteddown ₹70.4 Cr (−0.09% pts)
- Shriram Transport Finance Company Limiteddown ₹70 Cr (−0.12% pts)
- Bajaj Finance Limiteddown ₹65.9 Cr (−0.09% pts)
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Aug 2026, the weight rose most in Financial Technology (fintech) (+2.3 pts) and Industrial Manufacturing (+0.8 pts), and fell most in Industrial Products (−1.4 pts) and Power (−0.5 pts).
- Financial Technology (fintech)0.0% → 2.3%new+2.3 pts
- Industrial Manufacturing1.1% → 1.9%+0.8 pts
- Chemicals & Petrochemicals3.8% → 3.9%+0.1 pts
- Industrial Products3.7% → 2.4%−1.4 pts
- Power2.4% → 1.9%−0.5 pts
- Finance8.1% → 7.8%−0.3 pts
- IT - Software4.8% → 4.6%−0.2 pts
- Banks19.4% → 19.2%−0.2 pts
- Electrical Equipment1.2% → 1.0%−0.2 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Aug 2026 | Sep 2026 |
|---|---|---|
| Banks | 19.4% | 19.2% |
| Pharmaceuticals & Biotechnology | 8.4% | 8.3% |
| Finance | 8.1% | 7.8% |
| Retailing | 4.9% | 5.0% |
| Aerospace & Defense | 4.9% | 4.9% |
| IT - Software | 4.8% | 4.6% |
| Cement & Cement Products | 4.5% | 4.4% |
| Chemicals & Petrochemicals | 3.8% | 3.9% |
| Capital Markets | 3.9% | 3.9% |
| Petroleum Products | 3.1% | 3.1% |
Allocation in Sep 2026change vs Aug 2026
- Banks (8)19.2%▼ 0.2 pts
- Pharmaceuticals & Biotechnology (6)8.3%▼ 0.1 pts
- Finance (5)7.8%▼ 0.3 pts
- Retailing (2)5.0%▲ 0.1 pts
- Aerospace & Defense (2)4.9%
- IT - Software (3)4.6%▼ 0.2 pts
- Cement & Cement Products (4)4.4%▼ 0.1 pts
- Chemicals & Petrochemicals (3)3.9%▲ 0.1 pts
- Capital Markets (2)3.9%
- Petroleum Products (2)3.1%
- Construction (2)3.1%
- Automobiles (2)3.0%
- Auto Components (2)2.6%▲ 0.1 pts
- Agricultural, Commercial & Construction Vehicles (2)2.6%▼ 0.1 pts
- Industrial Products (2)2.4%▼ 1.4 pts
- Healthcare Services (2)2.3%▼ 0.1 pts
- Financial Technology (fintech) (2)2.3%▲ 2.3 pts
- Telecom - Services (1)2.2%▲ 0.1 pts
- Ferrous Metals (1)2.0%
- Power (2)1.9%▼ 0.5 pts
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal. More on reading cash.
Cash & debt, Sep 2026
2.4%
▲ 0.4 pts vs Aug 2026
- Cash alone
- 2.4%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 1.4% – 2.4%
- lowest to highest · record 2.4% in Sep 2026
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.