Kotak Large and Mid Cap Fund
Direct · GrowthAI Summary
Kotak Large and Mid Cap Fund has delivered strong SIP XIRR across horizons, with 10Y XIRR of 18.03% and 12Y XIRR of 17.56%, beating the category averages of 16.75% and 16.49% respectively. Against the NIFTY 50, the fund has generated consistent alpha of 5.59% to 9.46% across all periods, with 3Y Fund CAGR of 16.13% versus the benchmark's 7.75%. Recent 1Y XIRR of 20.25% also outpaces the category average of 16.54%.
The fund shows a favorable risk profile with a maximum drawdown of just -0.36% over 59 days and a recovery period of 231 days, though it has experienced 10 drawdown events exceeding 10% historically. Downside capture has consistently been below 100% (85.42% over 12Y), meaning the fund falls less than the benchmark in weak markets. Calmar ratios in the 0.46-0.54 range across horizons indicate reasonable risk-adjusted returns, supported by a declining beta from 1.06 (1Y) to 0.89 (12Y).
Detailed holdings and sector allocation data were not provided in this dataset, so portfolio composition cannot be assessed here. As a Large & Mid Cap mandate, the fund must allocate at least 35% each to large-cap and mid-cap stocks, offering a blend of stability and growth. Investors should review the latest factsheet for current top holdings and sector concentration before investing.
The fund beats category average SIP XIRR in 1Y (20.25% vs 16.54%), 7Y (17.49% vs 16.65%), 10Y (18.03% vs 16.75%), and 12Y (17.56% vs 16.49%), while marginally trailing in 3Y (17.58% vs 17.73%) and matching 5Y (17.28% vs 17.26%). This demonstrates strong long-term consistency rather than short-term outperformance alone. Calendar year returns show only one negative year (-3.89% in 2018) in the last 14 years, highlighting resilience across market cycles.
This fund suits investors seeking a core equity allocation with exposure to both established large-caps and growth-oriented mid-caps, with a recommended horizon of at least 5-7 years. Its below-benchmark downside capture and low beta make it appropriate for moderately aggressive investors who want growth with relatively contained drawdowns. SIP investors in particular benefit from the fund's consistent long-term XIRR track record.
- Consistent alpha of 5.59% to 9.46% over the NIFTY 50 across all measured periods from 1Y to 15Y
- Superior downside protection with 12Y downside capture of 85.42% and beta below 0.90 over longer horizons
- Beats category average SIP XIRR in 4 of 6 measured horizons, including 10Y XIRR of 18.03% vs 16.75% category average
- Underperforms category average SIP XIRR over 3Y (17.58% vs 17.73%), suggesting recent relative softness versus peers
- 10 drawdown events exceeding 10% indicate the fund is still exposed to meaningful interim losses typical of equity mandates
Generated on 06-09-2026, 8:00 PM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.92 L | 20.3% | -51.5% | 86.6% |
| 3 Years | ₹36.00 L | ₹46.57 L | 17.6% | -17.3% | 35.1% |
| 5 Years | ₹60.00 L | ₹92.66 L | 17.3% | -4.7% | 30.3% |
| 7 Years | ₹84.00 L | ₹1.56 Cr | 17.5% | 2.4% | 25.3% |
| 10 Years | ₹1.20 Cr | ₹3.06 Cr | 18.0% | 15.2% | 21.5% |
| 12 Years | ₹1.44 Cr | ₹4.46 Cr | 17.6% | 15.2% | 20.1% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 20.3% | 14.4% | 16.5% | +5.9% |
| 3 Years | 17.6% | 11.1% | 17.7% | +6.5% |
| 5 Years | 17.3% | 10.4% | 17.3% | +6.9% |
| 7 Years | 17.5% | 10.6% | 16.6% | +6.9% |
| 10 Years | 18.0% | 11.5% | 16.8% | +6.6% |
| 12 Years | 17.6% | 11.4% | 16.5% | +6.2% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 19.5% | 15.4% | -26.4% | 91.0% | 0.69 | 2.75 | 90% | — | — |
| 3 Years | 17.9% | 18.8% | -3.7% | 34.4% | 1.84 | 10.40 | 99% | — | — |
| 5 Years | 17.3% | 17.4% | 2.2% | 30.7% | 2.23 | 41.18 | 100% | — | — |
| 10 Years | 17.6% | 17.3% | 14.2% | 20.2% | 8.45 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +9.46 | 1.06 | 107.1% | 95.0% | 6.0% | -2.9% |
| 3 Years | +8.34 | 1.03 | 105.0% | 94.9% | 16.1% | 7.8% |
| 5 Years | +7.25 | 0.96 | 98.2% | 89.4% | 15.0% | 7.8% |
| 7 Years | +7.78 | 0.87 | 91.5% | 83.3% | 18.9% | 11.8% |
| 10 Years | +5.62 | 0.88 | 91.8% | 85.2% | 15.9% | 10.8% |
| 12 Years | +6.77 | 0.89 | 93.3% | 85.4% | 16.2% | 9.8% |
| 15 Years | +5.59 | 0.89 | 92.7% | 85.6% | 14.9% | 9.7% |