Fundalysisby DARKHORSESTOCKS

Scheme

Kotak Large Mid Cap Fund

Holds 67 companies worth ₹29,750 Cr in Sept 2026.

  • Fund house

    KotakThe fund house that runs this scheme.

  • AUM

    ₹31,800 CrKotak Large Mid Cap Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 1.6% on Aug 2026, ₹32,325 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 4.5% of this scheme's NAV.

  • Fund manager

    Harsha UpadhyayaRuns it since 4 Aug 2012, as the fund house dates it.

Overview(9 Oct 2026)

Fund managers1

  1. Harsha UpadhyayaFund manager · Aug 2012 · 30y · CFA PGDM B.E.
  1. Arjun KhannaJun 2018 – Sept 2024

Key facts

Benchmark
NIFTY Large Midcap 250 TRI
Risk
Very High
Expense
Regular 1.67% · Direct 0.67%
Exit load
10% within 1 year
Started
9 Sept 2004
Minimum
₹100

Source.Its Scheme Summary Document as of 9 Oct 2026 at AMFI.

What changed(15 changes)

Aug 2026

2 changes
  1. Expense ratio
    30 AugRegular 1.65% → 1.64%
  2. Renamed
    30 AugKotak Large & Midcap Fund → Kotak Large & Mid Cap Fund

Jun 2026

1 change
  1. Expense ratio
    29 JunRegular 1.59% → 1.65%Direct 0.57% → 0.66%

May 2026

1 change
  1. Expense ratio
    30 MayRegular 1.58% → 1.59%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(Aug 2012 – now)

  1. Harsha Upadhyaya
  2. Arjun Khanna
MainCoSlice2013201520172019202120232025
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Aug 2024 – Oct 2026)

Every change to the expense ratio, newest first.
13 changesRegularDirectΔ pt
30 Aug 20261.64%0.66%0
29 Jun 20261.65%0.66%0.09
30 May 20261.59%0.57%0
30 Mar 20261.58%0.57%0.02
27 Feb 20261.58%0.55%0
30 Dec 20251.57%0.55%0
29 Nov 20251.58%0.55%0.02
31 Aug 20251.57%0.53%0
31 Jul 20251.58%0.53%0.02
30 Jun 20251.58%0.55%0
31 May 20251.59%0.55%0.07
30 Sept 20241.59%0.48%0.01
31 Aug 20241.59%0.47%–
Direct plan, 30 Aug 2026
0.66%
Regular plan 1.64% · Exit load 10% within 1 year
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(9 Oct 2026)

Objective

The investment objective of the Scheme is to generate capital appreciation from a diversified portfolio of equity and equity related securities.The Scheme will invest predominantly in a mix of large and mid cap stocks from various sectors, which look promising, based on the growth pattern in the economy. There is no assurance that the investment objective of the Scheme will be achieved.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
Large & Mid Cap Fund- An open ended equity scheme investing in both large cap and mid cap stocks
Benchmark
NIFTY Large Midcap 250 TRI
Benchmark 2
Nifty 200 TRI

Asset allocation it may hold% of NAV

  1. Investments in equity and equity related instruments of large cap companies
    Allowed35–65%
  2. Investments in equity and equity related instruments of mid cap companies
    Allowed35–65%
  3. Investments in equity and equity related instruments of Companies other than large and mid-cap companies
    Allowed0–30%
  4. Debt and Money Market Securities
    Allowed0–30%Holds2.7%
  5. Units issued by InvITs
    Allowed0–10%Holds0.0%

Holds in Sept 2026.97.3% equity · 2.7% debt and cash

How to invest(9 Oct 2026)

Buying

To start
₹100, then any amount thereafter Rs. 100
To add
₹100, then any amount thereafter Rs. 100
Systematic
SIP - Daily, Weekly, Monthly, Quarterly, Half – Yearly and Annually SWP - Daily, Weekly, Monthly, Quarterly, Half – Yearly and Annually STP - Daily, Weekly, Monthly & Quarterly
Dates
SIP - Any date from 1st to 31stSWP - Any Date of Every Month STP - Any Business Day
Minimum
SIP - Rs. 100/- and any amount thereafter,SWP - Rs. 1000 STP - Rs. 1000, then sIP - Rs. 100/- and any amount thereafter,SWP - Rs. 1STP - Rs. 1
Instalments
SIP - N.A. SWP - 6 installmentsSTP - 6 installments

Selling and switching

To redeem
₹100 or 10 units units
Minimum balance
₹1,000 or 100 units units
Switch minimum
₹5,000 or Re. 0.01 units

Scheme details(9 Oct 2026)

What it is

Category
Large and Mid Cap Fund
Offer
27 Jul 2004 to 25 Aug 2004
Started
9 Sept 2004
Reopened
10 Sept 2004
Plans
Growth · Payout of Income Distribution cum capital withdrawal (IDCW) · Reinvestment of Income Distribution cum capital withdrawal (IDCW)
Face value
₹10
Listed
No

How it is run

Swing pricing
No
Side-pocketing
No
Custodian
Deutsche Bank A G, Mumbai & Standard Chartered Bank
Auditor
S. R. Batliboi & Co. LLP
Registrar
Computer Age Management Services (‘CAMS’)
SEBI code
KOTM/O/E/LMF/04/01/0010