Investment Objective and Approach

The investment objective of the Kotak Large & Midcap Fund is to generate capital appreciation from a diversified portfolio of equity and equity related securities. The fund invests predominantly in a mix of large and mid-cap stocks from various sectors, which look promising, based on the growth pattern in the economy.

The fund's investment approach is sector-agnostic and focuses on:

- Looking for opportunities across sectors based on performance and potential of companies within the sectors

- Providing fund manager flexibility to invest in a mix of large and mid cap stocks from various sectors

- The allocation between large caps & midcaps broadly depends on the choice of sectors, business environment & valuations

The fund follows a systematic approach to stock selection by identifying companies with strong fundamentals across both large and mid-cap segments, allowing for tactical allocation based on market opportunities.

Fund Managers

Mr. Harsha Upadhyaya has been managing the fund since 04/08/2012. Mr. Upadhyaya is a B.E (Mechanical) from NIT Suratkal, PGDM from IIM Lucknow and CFA from the CFA Institute, USA. Harsha has 18 years of rich experience spread over Equity Research and Fund Management. Prior to joining Kotak Mutual fund he has worked with DSP Mutual Fund and UTI AMC.

Key credentials of the fund manager:

- Over 18 years of experience in equity research and fund management

- CFA charter holder from CFA Institute, USA

- Educational background from premier institutions (NIT and IIM)

- Proven track record managing the fund for over 12 years

About the Fund House (AMC)

Kotak Mahindra Mutual Fund operates under Kotak Mahindra Asset Management Company Limited (KMAMC). Kotak Mutual Fund was established in December 1998 and is a wholly-owned subsidiary of Kotak Mahindra Bank. It is one of the top asset management companies in India. KMAMC, a wholly owned subsidiary of Kotak Mahindra bank Limited (KMBL), is the Asset Manager for Kotak Mahindra Mutual Fund (KMMF). KMAMC has approximately 21 Lac investors in various schemes.

Key highlights of the AMC:

- Kotak Mahindra Trustee Company Limited serves as the trustee

- Strong parentage with Kotak Mahindra Bank as sponsor

- Large investor base of approximately 21 lakh investors

- Over 25 years of experience in mutual fund industry

- Part of the well-established Kotak Mahindra financial services group

Should I Invest in Kotak Large & Midcap Fund?

The Kotak Large & Midcap Fund can be suitable for investors with specific investment profiles and objectives:

Suitable for:

- Investors seeking long-term capital appreciation over 5+ years

- Those expecting gains that comfortably beat inflation rate as well as returns from fixed income options

- Investors comfortable with equity market volatility

- Investors who can handle 'Very High' risk level as classified on the riskometer

Key considerations:

- Do not invest in this fund if you need to redeem your investment in less than five years

- Be prepared for ups and downs in your investment value along the way

- The fund provides reasonable degree of flexibility to the fund management team to invest in companies of different sizes, depending on where it expects maximum gains

Investment minimums:

- Minimum investment required is ₹100 for both lump sum and SIP options

Performance track record:

- As of 22nd August 2025, the fund has provided annualized returns of -0.36% in the last 1 year, 21.37% over 3 years, 24.46% over 5 years, and 17.60% since inception

- AUM of ₹28,084 Cr as of 31st July 2025

FAQs

What is today's NAV of Kotak Large & Midcap Fund?

The latest NAV of Kotak Large & Midcap Fund Direct Plan is ₹392.29 as of 20-Aug-2025. NAV fluctuates daily based on market movements.

What is the AUM of Kotak Large & Midcap Fund?

The fund has an AUM of ₹28,084 Cr as of 31st July 2025.

What is the expense ratio of Kotak Large & Midcap Fund?

The expense ratio is 0.53% for the Direct Growth plan as on 31st July 2025.

What are the returns of Kotak Large & Midcap Fund since inception?

The fund has delivered 17.60% annualized returns since inception as of 22nd August 2025. The scheme inception date is 09/09/2004.

What is the minimum SIP amount to invest in Kotak Large & Midcap Fund?

The minimum SIP amount is ₹100 per month. You can start investing with this small amount and increase it over time.

How do I invest in Kotak Large & Midcap Fund?

You can invest through Allvest platform, which offers a convenient online investment process. Alternatively, you can invest directly through Kotak Mutual Fund website or authorized distributors.

How to start a SIP in Kotak Large & Midcap Fund?

Visit Allvest website, complete your KYC, select the fund, choose SIP option, set monthly amount (minimum ₹100) and investment date. Complete the mandate setup for automated investments.

How do I automate an SIP in Kotak Large & Midcap Fund?

Set up an auto-debit mandate through Allvest platform by providing bank details and authorizing automatic monthly deductions. This ensures hassle-free regular investments without manual intervention.

How can I withdraw/redeem my investment in Kotak Large & Midcap Fund?

You can redeem through Allvest platform or the fund house website. Exit load of 1% applies if units are redeemed within 1 year (for amounts exceeding 10% of investment). No exit load after 1 year.