Kotak Large Cap Fund - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Large Cap Fund

Equity Holding : 97.01% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 97.01%

No of Stocks : 60 (Category Avg - 52.03) | Large Cap Investments : 64.24%| Mid Cap Investments : 9.26% | Small Cap Investments : 3.92% | Other : 19.59%

Portfolio Summary (as on 30th Nov,2025)

Particulars	This Scheme	Category
No. of Stocks	60	51.15
Top 5 Stock Weight	29.56%	31.27%
Top 10 Stock Weight	45.96%	48.42%
Top 3 Sector Weight	36.65%	36.29%

Category - Large Cap Fund

Particulars	This Scheme	Category
Average mcap (Cr)	174339.42	151548.82
Holdings in large cap stocks	64.24%	60.32%
Holdings in mid cap stocks	9.26%	8.59%
Holdings in small cap stocks	3.92%	2.38%

Category - Large Cap Fund

Top 10 Stocks holding in Portfolio (as on 30th Nov,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# HDFC Bank Ltd.	Private sector bank	8646.5	7.80%	0.00%	8.03% (Jul 2025)	6.87% (Jan 2025)	85.81 L	0.00
# ICICI Bank Ltd.	Private sector bank	7947.4	7.17%	0.00%	7.73% (Jul 2025)	6.18% (Jan 2025)	57.23 L	1.20 L
# Reliance Industries Ltd.	Refineries & marketing	7551.3	6.81%	0.00%	6.69% (Jun 2025)	4.83% (Dec 2024)	48.17 L	26.50 k
# Larsen & Toubro Ltd.	Civil construction	4381.9	3.95%	0.00%	3.98% (Oct 2025)	3.61% (Apr 2025)	10.77 L	0.00
# Infosys Ltd.	Computers - software & consulting	4240.6	3.83%	0.00%	5.45% (Jan 2025)	3.79% (Oct 2025)	27.18 L	-0.67 L
# Bharti Airtel Ltd.	Telecom - cellular & fixed line services	4167.6	3.76%	0.00%	3.74% (Jun 2025)	3.15% (Dec 2024)	19.83 L	0.00
# State Bank Of India	Public sector bank	4092	3.69%	0.00%	3.55% (Oct 2025)	2.73% (Nov 2024)	41.80 L	51.75 k
# Axis Bank Ltd.	Private sector bank	3545.6	3.20%	0.00%	3.26% (Apr 2025)	2.76% (Aug 2025)	27.71 L	-0.63 L
# Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	3293	2.97%	0.00%	3.5% (Jan 2025)	2.85% (Mar 2025)	8.76 L	-0.20 L
# ITC Limited	Diversified fmcg	3077.8	2.78%	0.00%	3.14% (Dec 2024)	2.66% (Jun 2025)	76.14 L	2.56 L

- indicates change in weight in the portfolio. # indicates a new entry.

View complete holding

Complete equity Portfolio (as on 30th Nov,2025)

None
Sector
M-Cap

Help me understand this table

Stock Invested in	Sector	Sector Total	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty	M-Cap	GroupName
# HDFC Bank Ltd.	Private sector bank	19.73	8646.5	7.80%	0.00%	8.03% (Jul 2025)	6.87% (Jan 2025)	85.81 L	0.00	Other	19.59
# ICICI Bank Ltd.	Private sector bank	19.73	7947.4	7.17%	0.00%	7.73% (Jul 2025)	6.18% (Jan 2025)	57.23 L	1.20 L	Large Cap	64.24
# Reliance Industries Ltd.	Refineries & marketing	8.22	7551.3	6.81%	0.00%	6.69% (Jun 2025)	4.83% (Dec 2024)	48.17 L	26.50 k	Large Cap	64.24
# Larsen & Toubro Ltd.	Civil construction	3.95	4381.9	3.95%	0.00%	3.98% (Oct 2025)	3.61% (Apr 2025)	10.77 L	0.00	Large Cap	64.24
# Infosys Ltd.	Computers - software & consulting	8.7	4240.6	3.83%	0.00%	5.45% (Jan 2025)	3.79% (Oct 2025)	27.18 L	-0.67 L	Large Cap	64.24
# Bharti Airtel Ltd.	Telecom - cellular & fixed line services	3.89	4167.6	3.76%	0.00%	3.74% (Jun 2025)	3.15% (Dec 2024)	19.83 L	0.00	Large Cap	64.24
# State Bank Of India	Public sector bank	3.69	4092	3.69%	0.00%	3.55% (Oct 2025)	2.73% (Nov 2024)	41.80 L	51.75 k	Large Cap	64.24
# Axis Bank Ltd.	Private sector bank	19.73	3545.6	3.20%	0.00%	3.26% (Apr 2025)	2.76% (Aug 2025)	27.71 L	-0.63 L	Large Cap	64.24
# Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	5.5	3293	2.97%	0.00%	3.5% (Jan 2025)	2.85% (Mar 2025)	8.76 L	-0.20 L	Large Cap	64.24
# ITC Limited	Diversified fmcg	3.97	3077.8	2.78%	0.00%	3.14% (Dec 2024)	2.66% (Jun 2025)	76.14 L	2.56 L	Large Cap	64.24
# Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	3.25	2966.3	2.68%	0.00%	2.67% (Jul 2025)	2.12% (Nov 2024)	16.20 L	0.00	Large Cap	64.24
# Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	5.5	2805.1	2.53%	0.00%	2.83% (Sep 2025)	1.95% (Jun 2025)	1.76 L	-4.25 k	Large Cap	64.24
# Bajaj Finance Ltd.	Non banking financial company (nbfc)	4.87	2771.7	2.50%	0.00%	2.34% (Sep 2025)	1.32% (Nov 2024)	26.72 L	2.33 L	Other	19.59
# National Thermal Power Corporation Ltd.	Power generation	2.31	2565	2.31%	0.00%	2.84% (Mar 2025)	2.38% (Jun 2025)	78.57 L	0.00	Large Cap	64.24
# InterGlobe Aviation Ltd.	Airline	2.09	2316	2.09%	0.00%	2.29% (Jul 2025)	1.71% (Nov 2024)	3.92 L	0.00	Large Cap	64.24
# Tata Consultancy Services Ltd.	Computers - software & consulting	8.7	2139.7	1.93%	0.00%	2.54% (Nov 2024)	1.59% (Sep 2025)	6.82 L	0.00	Large Cap	64.24
# Ultratech Cement Ltd.	Cement & cement products	2.35	2078.8	1.88%	0.00%	2.28% (Mar 2025)	1.82% (Nov 2024)	1.79 L	0.00	Large Cap	64.24
# Shriram Finance Ltd.	Non banking financial company (nbfc)	4.87	1881.5	1.70%	0.00%	1.57% (Oct 2025)	0.99% (Dec 2024)	22.09 L	-0.83 L	Other	19.59
# Kotak Mahindra Bank Ltd.	Private sector bank	19.73	1731.4	1.56%	0.00%	1.88% (Mar 2025)	1.51% (Nov 2024)	8.15 L	0.00	Large Cap	64.24
# Eternal Ltd.	E-retail/ e-commerce	2.37	1715.7	1.55%	0.00%	1.74% (Sep 2025)	1.17% (Mar 2025)	57.17 L	0.00	Other	19.59
# Tata Steel Ltd.	Iron & steel products	1.53	1700.3	1.53%	0.00%	1.7% (Oct 2025)	1.2% (Jan 2025)	1.01 Cr	0.00	Other	19.59
# Solar Industries India Ltd.	Explosives	1.48	1642	1.48%	0.00%	1.92% (Jun 2025)	1.14% (Dec 2024)	1.24 L	0.00	Small Cap	3.92
# Bharat Petroleum Corporation Ltd.	Refineries & marketing	8.22	1561.2	1.41%	0.00%	1.42% (Sep 2025)	1.12% (Jan 2025)	43.48 L	0.00	Large Cap	64.24
# Coromandel International Ltd.	Fertilizers	1.29	1430	1.29%	0.00%	1.72% (Jul 2025)	1.17% (Oct 2025)	6.00 L	0.00	Mid Cap	9.26
# Hindustan Unilever Ltd.	Diversified fmcg	3.97	1322.4	1.19%	0.00%	2.15% (Jan 2025)	1.04% (Jun 2025)	5.36 L	0.00	Large Cap	64.24
# United Spirits Ltd.	Breweries & distilleries	1.19	1316.7	1.19%	0.00%	1.62% (Apr 2025)	1.05% (Sep 2025)	9.07 L	80.00 k	Large Cap	64.24
# Bharat Electronics Ltd.	Aerospace & defense	1.48	1282.3	1.16%	0.00%	1.22% (Oct 2025)	0% (Nov 2024)	31.14 L	0.00	Mid Cap	9.26
# Tech Mahindra Ltd.	Computers - software & consulting	8.7	1274.5	1.15%	0.00%	1.63% (Jan 2025)	1.05% (Oct 2025)	8.40 L	35.09 k	Large Cap	64.24
# Godrej Consumer Products Ltd	Personal care	1.13	1248.7	1.13%	0.00%	1.53% (Nov 2024)	1.05% (Dec 2024)	10.90 L	0.00	Large Cap	64.24
# Cummins India Ltd.	Compressors, pumps & diesel engines	1.12	1244.2	1.12%	0.00%	1.11% (Oct 2025)	0.81% (Apr 2025)	2.78 L	0.00	Mid Cap	9.26
# Apollo Tyres Limited	Tyres & rubber products	1.05	1162.9	1.05%	0.00%	1.05% (May 2025)	0.88% (Feb 2025)	22.63 L	0.00	Mid Cap	9.26
# Persistent Systems Ltd.	Computers - software & consulting	8.7	1147.8	1.04%	0.00%	0.98% (Oct 2025)	0.67% (Sep 2025)	1.81 L	0.00	Other	19.59
# HDFC Life Insurance Company Ltd.	Life insurance	0.87	959.8	0.87%	0.00%	0.95% (Aug 2025)	0.52% (Dec 2024)	12.56 L	0.00	Large Cap	64.24
# Apollo Hospitals Enterprises Ltd.	Hospital	0.86	953.3	0.86%	0.00%	0.92% (Aug 2025)	0.51% (Feb 2025)	1.30 L	0.00	Mid Cap	9.26
# Hero Motocorp Ltd.	2/3 wheelers	0.84	930.4	0.84%	0.00%	1.05% (Nov 2024)	0.71% (Apr 2025)	1.51 L	-0.11 L	Large Cap	64.24
# Hindalco Industries Ltd.	Aluminium	0.77	858	0.77%	0.00%	0.86% (Nov 2024)	0.58% (May 2025)	10.61 L	0.00	Large Cap	64.24
# Power Finance Corporation Ltd.	Financial institution	0.76	845.9	0.76%	0.00%	0.97% (Apr 2025)	0.69% (Feb 2025)	23.32 L	0.00	Mid Cap	9.26
# Mphasis Ltd.	Computers - software & consulting	8.7	832.7	0.75%	0.00%	0.81% (Jun 2025)	0.53% (Feb 2025)	2.96 L	0.00	Mid Cap	9.26
# Britannia Industries Ltd.	Packaged foods	0.74	817.7	0.74%	0.00%	0.8% (Sep 2025)	0% (Nov 2024)	1.40 L	90.00	Large Cap	64.24
# Motherson Sumi Systems Ltd.	Auto components & equipments	1.93	766.9	0.69%	0.00%	0.89% (Nov 2024)	0.45% (Oct 2025)	65.93 L	19.56 L	Large Cap	64.24
# Bosch Ltd.	Auto components & equipments	1.93	753.5	0.68%	0.00%	0.86% (Aug 2025)	0.66% (Mar 2025)	20.87 k	0.00	Large Cap	64.24
# Magma Fincorp Ltd.	Non banking financial company (nbfc)	4.87	747.8	0.67%	0.00%	0.79% (Sep 2025)	0.53% (Feb 2025)	15.57 L	0.00	Small Cap	3.92
# V-Guard Industries Ltd.	Household appliances	0.64	705.8	0.64%	0.00%	0.92% (Dec 2024)	0.68% (Oct 2025)	20.50 L	0.00	Small Cap	3.92
# Bharat Forge Ltd.	Castings & forgings	0.63	696.2	0.63%	0.00%	0.86% (Nov 2024)	0.42% (Aug 2025)	4.86 L	-0.24 L	Mid Cap	9.26
# LG Electronics India Pvt. Ltd.	Consumer electronics	0.62	683.4	0.62%	0.00%	0.63% (Oct 2025)	0% (Nov 2024)	4.12 L	0.00	Other	19.59
# Vishal Mega Mart Ltd.	Diversified retail	1.04	662.9	0.60%	0.00%	0.71% (Aug 2025)	0% (Nov 2024)	48.81 L	0.00	Other	19.59
# Torrent Pharmaceuticals Ltd.	Pharmaceuticals	3.25	632.6	0.57%	0.00%	0.61% (Jul 2025)	0% (Nov 2024)	1.70 L	0.00	Mid Cap	9.26
# Schaeffler India Ltd.	Auto components & equipments	1.93	623.9	0.56%	0.00%	0.66% (May 2025)	0.56% (Feb 2025)	1.60 L	0.00	Other	19.59
# Oberoi Realty Ltd.	Residential, commercial projects	0.88	601.2	0.54%	0.00%	0.98% (Dec 2024)	0.55% (Sep 2025)	3.65 L	0.00	Mid Cap	9.26
# Gujarat State Petronet Ltd.	Gas transmission/marketing	0.53	589.4	0.53%	0.00%	0.79% (Dec 2024)	0.58% (Oct 2025)	20.50 L	0.00	Mid Cap	9.26
# Swiggy Ltd.	E-retail/ e-commerce	2.37	524	0.47%	0.00%	0.71% (Dec 2024)	0.4% (Apr 2025)	13.85 L	0.00	Other	19.59
# India Cements Ltd.	Cement & cement products	2.35	519.3	0.47%	0.00%	0.49% (Oct 2025)	0% (Nov 2024)	13.22 L	0.00	Small Cap	3.92
# Avenue Supermarts Ltd.	Diversified retail	1.04	482.4	0.44%	0.00%	0.66% (Aug 2025)	0.29% (Sep 2025)	1.21 L	0.00	Large Cap	64.24
# Anthem Biosciences Ltd.	Biotechnology	0.38	416.7	0.38%	0.00%	0.49% (Aug 2025)	0% (Nov 2024)	6.56 L	28.06 k	Other	19.59
# Brainbees Solutions Ltd.	E-retail/ e-commerce	2.37	389.4	0.35%	0.00%	0.93% (Dec 2024)	0.41% (Oct 2025)	12.87 L	0.00	Other	19.59
# Mahindra Lifespace Developers Ltd.	Residential, commercial projects	0.88	374.8	0.34%	0.00%	0.34% (Nov 2024)	0.21% (Mar 2025)	8.94 L	0.00	Small Cap	3.92
# Astra Microwave Products Ltd.	Aerospace & defense	1.48	358	0.32%	0.00%	0.41% (May 2025)	0.24% (Feb 2025)	3.84 L	0.00	Small Cap	3.92
# Lenskart Solutions Ltd.	Speciality retail	0.22	242.5	0.22%	0.00%	0.22% (Oct 2025)	0% (Nov 2024)	5.91 L	0.00	Other	19.59
# TML Commercial Vehicles Ltd.	Commercial vehicles	0.14	154.4	0.14%	0.14%	0% (Dec 2025)	0% (Dec 2025)	4.39 L	4.39 L	Other	19.59
# Bharti Airtel Ltd. - Partly Paid	Telecom - cellular & fixed line services	3.89	142.1	0.13%	0.00%	0.13% (Aug 2025)	0.11% (Feb 2025)	89.29 k	0.00	Other	19.59
Computer Age Management Services Pvt Ltd.	Depositories, clearing houses and other intermediaries		309.4	0.00%	-0.28%	-	-	-	-	Other	19.59
Bayer Cropscience Ltd.	Pesticides & agrochemicals		182.7	0.00%	-0.17%	-	-	-	-	Mid Cap	9.26

- indicates change in weight in the portfolio. # indicates a new entry.

New Stocks added in Portfolio (in 1 month period ending 30th Nov,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# TML Commercial Vehicles Ltd.	Commercial vehicles	154.4	0.14%	0.14%	0% (Dec 2025)	0% (Dec 2025)	4.39 L	438724

Stocks removed from Portfolio (in 1 month period ending 30th Nov,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Computer Age Management Services Pvt Ltd.	Depositories, clearing houses and other intermediaries	309.4	0.00%	-0.28%	0.28% (Oct 2025)	0% (Nov 2024)	0.00	-78504
Bayer Cropscience Ltd.	Pesticides & agrochemicals	182.7	0.00%	-0.17%	0.31% (Jun 2025)	0% (Nov 2024)	0.00	-37397

Trend in stock holdings (Top 15 Holding)

Stock	Nov 2025	Oct 2025	Sep 2025	Aug 2025	Jul 2025	Jun 2025	May 2025	Apr 2025	Mar 2025	Feb 2025	Jan 2025	Dec 2024	Nov 2024
HDFC Bank Ltd.	7.80%	7.77%	7.78%	7.93%	8.03%	7.83%	7.13%	7.27%	7.36%	7.45%	6.87%	7.06%	7.09%
ICICI Bank Ltd.	7.17%	6.91%	6.97%	7.37%	7.73%	7.37%	7.65%	7.58%	7.47%	6.32%	6.18%	6.33%	6.36%
Reliance Industries Ltd.	6.81%	6.53%	6.44%	6.53%	6.62%	6.69%	6.48%	6.61%	6.26%	5.24%	5.20%	4.83%	4.95%
Infosys Ltd.	3.83%	3.79%	3.85%	4.00%	4.06%	4.24%	4.29%	4.10%	4.41%	5.20%	5.45%	5.38%	5.27%
Larsen & Toubro Ltd.	3.95%	3.98%	3.78%	3.74%	3.74%	3.71%	3.86%	3.61%	3.94%	3.68%	3.85%	3.83%	3.92%
Bharti Airtel Ltd.	3.76%	3.74%	3.57%	3.66%	3.67%	3.74%	3.50%	3.63%	3.44%	3.37%	3.28%	3.15%	3.20%
Mahindra & Mahindra Ltd.	2.97%	2.87%	3.18%	2.97%	3.07%	3.00%	3.06%	3.11%	2.85%	3.20%	3.50%	3.47%	3.39%
State Bank Of India	3.69%	3.55%	3.41%	3.01%	2.96%	3.00%	3.08%	3.08%	2.84%	2.74%	2.89%	2.74%	2.73%
Axis Bank Ltd.	3.20%	3.20%	2.93%	2.76%	2.79%	3.08%	3.18%	3.26%	3.16%	3.15%	2.81%	2.99%	3.02%
ITC Limited	2.78%	2.84%	2.78%	2.89%	2.87%	2.66%	2.77%	2.91%	2.75%	2.87%	3.06%	3.14%	3.07%
National Thermal Power Corporation Ltd.	2.31%	2.43%	2.57%	2.39%	2.41%	2.38%	2.46%	2.69%	2.84%	2.52%	2.46%	2.39%	2.41%
Sun Pharmaceutical Industries Ltd.	2.68%	2.51%	2.48%	2.52%	2.67%	2.47%	2.56%	2.40%	2.36%	2.27%	2.30%	2.52%	2.12%
Maruti Suzuki India Ltd.	2.53%	2.68%	2.83%	2.70%	2.01%	1.95%	2.01%	2.18%	2.14%	2.56%	2.48%	2.15%	2.17%
Ultratech Cement Ltd.	1.88%	1.96%	2.10%	2.21%	2.21%	2.15%	2.07%	2.21%	2.28%	2.11%	2.26%	2.12%	1.82%
InterGlobe Aviation Ltd.	2.09%	2.03%	2.11%	2.21%	2.29%	2.28%	2.10%	2.14%	2.17%	2.05%	1.87%	1.94%	1.71%