Kotak Large Cap Fund

Kotak Large Cap Fund has delivered consistent outperformance versus the NIFTY 50 across all time horizons, with a 10Y SIP XIRR of 15.34% and a 3Y XIRR of 14.80%. It also beats the category average SIP XIRR at every horizon, for example 14.80% versus 14.28% over 3Y and 15.34% versus 14.37% over 10Y. Alpha versus the benchmark is positive across all periods, ranging from 2.63% over 10Y to 4.83% over 3Y.

The fund exhibits a beta below 1 (0.95-0.99) with downside capture consistently under 94%, indicating it falls less than the benchmark during declines while capturing nearly all upside. The maximum drawdown of just -0.37% with a 59-day duration and 227-day recovery reflects strong downside resilience, though 8 drawdown events exceeding 10% have occurred historically. Calmar ratios of roughly 0.39-0.45 across horizons indicate solid risk-adjusted returns.

Detailed holdings and sector allocation data were not provided in this dataset, so composition insights cannot be confirmed. As a Large Cap Fund under SEBI norms, it must invest at least 80% of assets in large-cap equities, which typically limits concentration risk relative to mid- and small-cap categories. Investors should review the latest factsheet for specific top holdings and sector weights.

The fund outperforms the category average SIP XIRR at every measured horizon, with the widest gaps over 1Y (17.17% vs 14.08%) and 3Y (14.80% vs 14.28%). Calendar year returns show strong consistency, with positive returns in 12 of the last 14 years and only minor losses in 2018 (-0.39%) and 2026 year-to-date (-3.22%). This combination of steady alpha and low drawdowns places it in the upper tier of large-cap peers.

This fund suits investors seeking core large-cap exposure with moderate risk and a preference for capital preservation during market declines. A minimum horizon of 5-7 years is recommended to fully benefit from its compounding, as evidenced by 14.8-15.3% SIP XIRR over 5Y-12Y periods. It is appropriate for investors with a moderate risk tolerance who want benchmark-beating returns with below-benchmark downside capture.

• Consistent positive alpha versus NIFTY 50 across all periods from 1Y to 15Y, ranging from 2.63% to 4.83%
• Outperforms the category average SIP XIRR at every horizon, including 15.34% vs 14.37% over 10Y
• Strong downside protection with downside capture below 94% and beta under 1 in all periods

• Upside capture of 95-100% means the fund may lag the index during strong bull rallies despite lower downside
• 2026 year-to-date return of -3.22% and 2025 return of 9.39% show recent performance has cooled versus the strong 2021-2024 run