Kotak Aggressive Hybrid Fund vs Union Largecap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Kotak Aggressive Hybrid Fund is an Aggressive Hybrid fund and Union Largecap Fund is a Large Cap fund. In the 3 years to 30-10-2026, Kotak Aggressive Hybrid Fund (Direct) returned 12.2% a year and Union Largecap Fund (Direct) returned 7.8% a year. Kotak Aggressive Hybrid Fund charges 0.64% a year and Union Largecap Fund 1.68% (Direct plans). Their portfolios overlap 31.9%: they hold 22 of the same securities.
Kotak Aggressive Hybrid Fund
Aggressive Hybrid
- 3 year return
- 12.2%
- Expense ratio
- 0.64%
- NAV
- ₹45.27
Which is better, Kotak Aggressive Hybrid or Union Largecap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Aggressive Hybrid returned more over 5 years: 10.8% a year against 6.1%.
- Kotak Aggressive Hybrid returned more over 3 years: 12.2% a year against 7.8%.
- Kotak Aggressive Hybrid costs less: 0.64% a year against 1.68% (Direct plans).
- Kotak Aggressive Hybrid swung less over 3 years: a standard deviation of 11.7% a year against 13.7%.
- Kotak Aggressive Hybrid fell less in its worst fall since 18-05-2017: −34.5% against −36.4%.
- Union Largecap holds more in large companies: 83.0% of the fund in large caps against 39.0%.
- Kotak Aggressive Hybrid is the larger fund: ₹9,040 Cr against ₹408 Cr.
- Their portfolios overlap 31.9%: 22 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Kotak Aggressive Hybrid Fund | Union Largecap Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Union Mutual Fund |
| Category | Aggressive Hybrid | Large Cap |
| AUM | ₹9,040 Cr (30-09-2026) | ₹408 Cr (30-09-2026) |
| NAV | ₹45.27 (Direct) | ₹23.73 (Direct) |
| Expense ratio (Direct) | 0.64% | 1.68% |
| Expense ratio (Regular) | 1.89% | 2.58% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 50 Hybrid Composite Debt 65:35 Index TRI | BSE 100 TRI |
| Launch date | 29-11-1999 | 11-05-2017 |
| Minimum investment | ₹100 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Atul Bhole, Abhishek Bisen | Pratik Dharmshi, Sanjay Bembalkar |
| Exit load | For redemptions / switch outs of upto 8% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment : Nil If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment : 1% If units are redeemed or switched out on or after 1 year from the date of allotment : Nil Units issued on reinvestment of IDCW shall not be subject to entry and exit load. | Exit load of 1%, if redeemed within 15 days. |
Kotak Aggressive Hybrid vs Union Largecap: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Kotak Aggressive Hybrid Fund (Direct) | −1.41% | −4.66% | −1.21% | −2.74% | +12.17% | +10.82% | +10.18% |
| Union Largecap Fund (Direct) | +0.98% | −4.24% | −2.18% | −8.09% | +7.81% | +6.11% | -- |
| Aggressive Hybrid average | −0.88% | −3.67% | −0.27% | −3.33% | +10.77% | +9.35% | +11.60% |
| Large Cap average | +0.62% | −4.36% | −1.05% | −6.33% | +10.38% | +8.23% | -- |
Category average: the average of the 29 Aggressive Hybrid funds and the 35 Large Cap funds, same plan type.
Kotak Aggressive Hybrid vs Union Largecap: Year-wise Returns
| Year | Kotak Aggressive HybridKotak Aggressive Hybrid | Union LargecapUnion Largecap |
|---|---|---|
| 2026to date | −1.60% | −7.05% |
| 2025 | +5.48% | +5.23% |
| 2024 | +23.35% | +13.31% |
| 2023 | +21.73% | +23.26% |
| 2022 | +6.50% | +0.23% |
| 2021 | +30.66% | +29.33% |
Kotak Aggressive Hybrid vs Union Largecap: Rolling Returns
Every holding period of both funds, against BSE 100 TRI, the benchmark of Union Largecap Fund
Rolling returns
Every 3-year holding period, 1,594 of them, one for each trading day from 18-05-2020 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Kotak Aggressive Hybrid Fund (Direct)
Union Largecap Fund (Direct)
BSE 100 TRI
to
Nov 2020Dec 2018
to
Dec 2021Feb 2020
to
Feb 2023Mar 2021
to
Mar 2024Apr 2022
to
Apr 2025Apr 2023
to
Apr 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Kotak Aggressive Hybrid | 6.0 | 5.3 | 4.3 | 17.4 | 52.4 | 11.2 | 3.3 | 15.2% | 16.8% | −8.1% | 31.0% | 68% |
| Union Largecap | 1.5 | 6.4 | 11.4 | 39.8 | 29.8 | 10.0 | 1.0 | 13.7% | 14.0% | −4.7% | 30.0% | 6% |
| BSE 100 TRI | 0.4 | 5.0 | 7.5 | 33.2 | 41.2 | 9.2 | 3.5 | 15.1% | 15.5% | −1.6% | 32.8% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is BSE 100 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 18-05-2017. Past returns do not promise future returns.
Kotak Aggressive Hybrid vs Union Largecap: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-05-2017 to 30-10-2026: 114 instalments, ₹11,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak Aggressive HybridKotak Aggressive Hybrid Fund (Direct) | ₹11,40,000 | ₹21,15,621 | ₹9,75,621 | 12.6% |
| Union LargecapUnion Largecap Fund (Direct) | ₹11,40,000 | ₹18,38,214 | ₹6,98,214 | 9.8% |
Kotak Aggressive HybridKotak Aggressive Hybrid Fund (Direct)
Union LargecapUnion Largecap Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Kotak Aggressive Hybrid vs Union Largecap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Aggressive Hybrid Fund (Direct) | Union Largecap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.74% | −8.09% |
| Standard deviation | 12.81% | 14.03% |
| Sharpe ratio | -0.62 | -0.95 |
| Sortino ratio | -0.84 | -1.27 |
| Maximum drawdown | −10.8% (30-03-2026) | −14.1% (30-03-2026) |
| Beta | -- | 0.99 |
| Alpha | -- | +0.69% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Kotak Aggressive Hybrid Fund (Direct) | Union Largecap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.17% | +7.81% |
| Standard deviation | 11.73% | 13.72% |
| Sharpe ratio | 0.52 | 0.13 |
| Sortino ratio | 0.71 | 0.18 |
| Maximum drawdown | −14.6% (28-02-2025) | −16.3% (28-02-2025) |
| Beta | -- | 0.99 |
| Alpha | -- | −1.14% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Kotak Aggressive Hybrid Fund (Direct) | Union Largecap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.82% | +6.11% |
| Standard deviation | 11.02% | 13.79% |
| Sharpe ratio | 0.46 | 0.02 |
| Sortino ratio | 0.61 | 0.03 |
| Maximum drawdown | −14.6% (28-02-2025) | −18.8% (17-06-2022) |
| Beta | -- | 0.98 |
| Alpha | -- | −1.63% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Kotak Aggressive Hybrid Fund (Direct) | Union Largecap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.85% | +9.55% |
| Standard deviation | 15.33% | 16.04% |
| Sharpe ratio | -0.08 | 0.26 |
| Sortino ratio | -0.09 | 0.35 |
| Maximum drawdown | −47.4% (23-03-2020) | −36.4% (23-03-2020) |
| Beta | -- | 0.97 |
| Alpha | -- | −1.93% |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Kotak Aggressive Hybrid Fund (Direct)
Union Largecap Fund (Direct)
BSE 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Aggressive Hybrid Fund (Direct) | −34.5% | 23-01-2018 | 23-03-2020 | 11-11-2020 | 8 months | −6.6% |
| Union Largecap Fund (Direct) | −36.4% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −9.4% |
| BSE 100 TRI | −38.0% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −10.4% |
From daily values since 18-05-2017, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Kotak Aggressive Hybrid Fund (Direct)
Union Largecap Fund (Direct)
BSE 100 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Kotak Aggressive Hybrid Fund (Direct)
Union Largecap Fund (Direct)
BSE 100 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Kotak Aggressive Hybrid Fund (Direct)
Union Largecap Fund (Direct)
BSE 100 TRI
Against BSE 100 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Kotak Aggressive Hybrid Fund (Direct) | 81% | 75% | 5.83% |
| Union Largecap Fund (Direct) | 92% | 99% | 3.04% |
From month-end values since 18-05-2017. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Kotak Aggressive Hybrid vs Union Largecap: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Aggressive Hybrid Fund, September 2026; Union Largecap Fund, September 2026
Holdings in common
- Overlap
- 31.9%
- Held by both
- 22
- Only in Kotak Aggressive Hybrid
- 85
- Only in Union Largecap
- 35
| Security | % of Kotak Aggressive Hybrid | % of Union Largecap |
|---|---|---|
| ETERNAL LIMITED | 3.25% | 3.27% |
| ICICI BANK LTD. | 2.98% | 9.41% |
| BHARTI AIRTEL LTD. | 2.90% | 4.31% |
| STATE BANK OF INDIA. | 2.87% | 4.18% |
| HDFC BANK LTD. | 2.50% | 6.95% |
| BAJAJ FINANCE LTD. | 1.74% | 2.00% |
| SHRIRAM FINANCE LIMITED | 2.54% | 1.69% |
| Solar Industries India Limited | 1.49% | 2.45% |
| Infosys Ltd. | 1.47% | 2.69% |
| Bharat Electronics Ltd. | 2.04% | 1.40% |
| Mphasis Ltd | 1.48% | 1.32% |
| GE VERNOVA T&D INDIA LIMITED | 1.73% | 1.31% |
| Apollo Hospitals Enterprise Ltd. | 1.46% | 0.90% |
| TORRENT PHARMACEUTICALS LTD. | 0.90% | 3.27% |
| Minda Industries Ltd. | 0.89% | 1.00% |
| Max Healthcare Institute Ltd. | 0.88% | 1.40% |
| JK Cement Ltd. | 0.75% | 0.71% |
| RELIANCE INDUSTRIES LTD. | 0.71% | 5.28% |
| CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD. | 2.50% | 0.60% |
| LG ELECTRONICS INDIA LTD. | 1.03% | 0.59% |
| polycab India Limited | 0.70% | 0.45% |
| NATIONAL STOCK EXCHANGE OF INDIA LIMITED (NSE) | 0.34% | 1.70% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 31.9% means 31.9% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Kotak Aggressive Hybrid Fund
| Security | % of fund |
|---|---|
| Fortis Healthcare India Ltd | 2.73% |
| MOLBIO DIAGNOSTICS LIMITED | 2.17% |
| Central Government - 2064 | 1.97% |
| ROSSELL TECHSYS LTD. | 1.94% |
| INDIAN BANK | 1.69% |
Largest holdings only in Union Largecap Fund
| Security | % of fund |
|---|---|
| Axis Bank Ltd. | 3.24% |
| Mahindra & Mahindra Ltd. | 2.68% |
| Tata Consumer Products Ltd. | 2.57% |
| Kotak Mahindra Bank Ltd. | 2.52% |
| Larsen & Toubro Ltd. | 2.49% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Aggressive Hybrid | Union Largecap |
|---|---|---|
| Equity | 74.4% | 99.0% |
| Debt | 14.0% | 0.1% |
| Cash and others | 11.6% | 0.9% |
Market cap of stocks
| Market cap | Kotak Aggressive Hybrid | Union Largecap |
|---|---|---|
| Large Cap | 39.0% | 83.0% |
| Mid Cap | 25.6% | 10.7% |
| Small Cap | 7.2% | 3.6% |
| Not on AMFI's list | 2.5% | 1.7% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Kotak Aggressive Hybrid | Union Largecap |
|---|---|---|
| Banks | 11.2% | 26.3% |
| Finance | 10.7% | 4.8% |
| Retailing | 5.3% | 4.6% |
| Petroleum Products | 1.4% | 5.3% |
| Pharmaceuticals & Biotechnology | 0.0% | 5.2% |
| Healthcare Services | 5.1% | 2.3% |
| IT - Software | 5.0% | 4.5% |
| Capital Markets | 4.9% | 3.5% |
| Automobiles | 0.0% | 4.9% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Aggressive Hybrid vs Union Largecap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Aggressive Hybrid Fund | Union Largecap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.64% | 1.68% |
| Base expense ratio (Direct) | 0.45% | 1.34% |
| Total expense ratio (Regular) | 1.89% | 2.58% |
| Base expense ratio (Regular) | 1.51% | 2.10% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Kotak Aggressive Hybrid with
Kotak Aggressive Hybrid Fund vs Union Largecap Fund: Frequently Asked Questions
What is the difference between Kotak Aggressive Hybrid Fund and Union Largecap Fund?
Kotak Aggressive Hybrid Fund is an Aggressive Hybrid fund, Union Largecap Fund is a Large Cap fund, run by Kotak Mahindra Mutual Fund and Union Mutual Fund. Their portfolios overlap 31.9%. Kotak Aggressive Hybrid Fund charges 0.64% a year and Union Largecap Fund 1.68%.
Which has given higher returns, Kotak Aggressive Hybrid Fund or Union Largecap Fund?
Over 1 year: Kotak Aggressive Hybrid Fund −2.74%, Union Largecap Fund −8.09%. Over 3 years: Kotak Aggressive Hybrid Fund +12.17% a year, Union Largecap Fund +7.81% a year. Over 5 years: Kotak Aggressive Hybrid Fund +10.82% a year, Union Largecap Fund +6.11% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak Aggressive Hybrid Fund or Union Largecap Fund?
Kotak Aggressive Hybrid Fund charges less: 0.64% a year against 1.68%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak Aggressive Hybrid Fund and Union Largecap Fund overlap?
31.9%. They hold 22 of the same securities, the largest shared ones being ETERNAL, ICICIBANK, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, Kotak Aggressive Hybrid Fund or Union Largecap Fund?
On SEBI's riskometer, Kotak Aggressive Hybrid Fund is rated Very High and Union Largecap Fund Very High. Over 3 years, the standard deviation of daily returns was 11.73% and 13.72% a year.
Which is better for SIP, Kotak Aggressive Hybrid Fund or Union Largecap Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,83,589 in Kotak Aggressive Hybrid Fund (XIRR 9.8% a year) and ₹7,02,268 in Union Largecap Fund (XIRR 5.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Kotak Aggressive Hybrid Fund and Union Largecap Fund?
Yes. 31.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Kotak Aggressive Hybrid Fund and Union Largecap Fund?
Kotak Aggressive Hybrid Fund: Atul Bhole, Abhishek Bisen. Union Largecap Fund: Pratik Dharmshi, Sanjay Bembalkar.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.