Kotak Large Cap Fund
Direct · GrowthAI Summary
Kotak Large Cap Fund has delivered consistent outperformance versus the NIFTY 50, with positive alpha across all periods ranging from 2.26% (10Y) to 3.80% (3Y). Its SIP XIRR of 14.93% (3Y) and 15.72% (5Y) beats the category averages of 13.99% and 14.35% respectively, and the 10Y XIRR of 15.21% also leads the category's 14.24%. The 1Y XIRR of 8.84% trails the broader trend due to a weak 2026 (-11.01%), but still exceeds the category average of 7.75%.
The fund shows defensive characteristics with downside capture consistently below 100% (91.15% to 95.11%) across all windows, meaning it falls less than the NIFTY 50 in declining markets. Beta remains below 1 (0.94-0.98), and the Calmar Ratio is stable around 0.39-0.44 across horizons, indicating steady risk-adjusted returns. Eight drawdown events exceeding 10% reflect normal large-cap equity volatility, though the current maximum drawdown of just -0.37% suggests a favorable recent risk profile.
Portfolio composition data (top holdings and sector allocation) was not provided in this dataset, so specific concentration analysis cannot be made. As a large cap fund, it primarily invests in India's top 100 companies by market capitalization. Investors should review the latest factsheet for current holdings and sector weights.
The fund outperforms category average SIP XIRR at every measured horizon, with the widest gaps at 7Y (15.04% vs 13.97%) and 12Y (14.62% vs 13.84%). Long-term lump-sum performance is also strong, with 15Y fund CAGR of 11.99% versus the benchmark's 9.23%. This consistency across multiple time windows indicates durable stock selection rather than a short-term anomaly.
This fund suits investors seeking core large-cap exposure with below-benchmark downside risk and a track record of alpha generation. A minimum horizon of 5-7 years is appropriate, as evidenced by strong 5Y and 7Y rolling returns of 15.46% and 14.46%. It fits moderate-risk investors who want market participation with somewhat softer drawdowns than the index.
- Positive alpha versus NIFTY 50 across all periods from 1Y to 15Y, ranging from 2.26% to 3.80%
- Consistently low downside capture (91-95%) showing better protection in falling markets
- SIP XIRR above category averages at every horizon, including 15.72% for 5Y versus 14.35% category average
- Current 2026 calendar year return of -11.01% reflects weak recent performance
- Upside capture below 100% (95-98%) means the fund slightly lags the index in strong rallies
- Recovery from max drawdown took 227 days, indicating potential patience required after sharp corrections
Generated on 26-10-2026, 2:13 AM. 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 | ₹12.77 L | 16.8% | -55.5% | 90.7% |
| 3 Years | ₹36.00 L | ₹44.31 L | 14.6% | -19.1% | 35.1% |
| 5 Years | ₹60.00 L | ₹87.35 L | 14.7% | -7.1% | 25.5% |
| 7 Years | ₹84.00 L | ₹1.44 Cr | 15.0% | -0.4% | 21.7% |
| 10 Years | ₹1.20 Cr | ₹2.65 Cr | 15.2% | 11.7% | 18.5% |
| 12 Years | ₹1.44 Cr | ₹3.75 Cr | 14.6% | 11.9% | 16.9% |
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 | 16.8% | 14.3% | 7.7% | +2.5% |
| 3 Years | 14.6% | 11.0% | 14.0% | +3.5% |
| 5 Years | 14.7% | 10.4% | 14.3% | +4.3% |
| 7 Years | 15.0% | 10.6% | 14.0% | +4.5% |
| 10 Years | 15.2% | 11.4% | 14.2% | +3.8% |
| 12 Years | 14.6% | 11.3% | 13.8% | +3.3% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 16.2% | 12.4% | -28.9% | 97.2% | 0.55 | 1.88 | 86% | — | — |
| 3 Years | 15.0% | 15.4% | -4.7% | 32.8% | 1.63 | 8.01 | 99% | — | — |
| 5 Years | 14.8% | 15.0% | -0.1% | 27.9% | 1.94 | 16.10 | 100% | — | — |
| 10 Years | 14.7% | 14.6% | 11.8% | 17.3% | 6.61 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +2.08 | 0.98 | 97.6% | 94.6% | -8.5% | -10.9% |
| 3 Years | +3.74 | 0.97 | 98.3% | 93.7% | 10.1% | 6.4% |
| 5 Years | +2.81 | 0.96 | 96.7% | 93.1% | 8.0% | 5.2% |
| 7 Years | +3.31 | 0.94 | 94.9% | 91.1% | 13.1% | 10.0% |
| 10 Years | +2.30 | 0.95 | 95.5% | 92.7% | 12.4% | 10.3% |
| 12 Years | +3.22 | 0.95 | 96.1% | 92.2% | 12.1% | 9.0% |
| 15 Years | +2.88 | 0.95 | 96.8% | 93.2% | 12.1% | 9.4% |