Kotak Dividend Yield Fund vs Kotak Large & Mid Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Kotak Dividend Yield Fund is a Dividend Yield fund and Kotak Large & Mid Cap Fund is a Large & Mid Cap fund. Kotak Dividend Yield Fund charges 1.14% a year and Kotak Large & Mid Cap Fund 0.66% (Direct plans). Their portfolios overlap 41.8%: they hold 29 of the same securities.
Which is better, Kotak Dividend Yield or Kotak Large & Mid Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Large & Mid Cap costs less: 0.66% a year against 1.14% (Direct plans).
- Kotak Dividend Yield fell less in its worst fall since 03-02-2026: −12.3% against −13.6%.
- Kotak Dividend Yield holds more in large companies: 64.7% of the fund in large caps against 48.5%.
- Kotak Large & Mid Cap is the larger fund: ₹30,581 Cr against ₹273 Cr.
- Their portfolios overlap 41.8%: 29 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 Dividend Yield Fund | Kotak Large & Mid Cap Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Dividend Yield | Large & Mid Cap |
| AUM | ₹273 Cr (30-09-2026) | ₹30,581 Cr (30-09-2026) |
| NAV | ₹9.18 (Direct) | ₹382.26 (Direct) |
| Expense ratio (Direct) | 1.14% | 0.66% |
| Expense ratio (Regular) | 2.57% | 1.67% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | Nifty LargeMidcap 250 TRI |
| Launch date | 27-01-2026 | 09-09-2004 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Shibani Sircar Kurian, Abhishek Bisen | Harsha Upadhyaya |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 Year. | Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Kotak Dividend Yield vs Kotak Large & Mid Cap: 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 Dividend Yield Fund (Direct) | −0.42% | −6.96% | −4.01% | -- | -- | -- | -- |
| Kotak Large & Mid Cap Fund (Direct) | −1.69% | −6.70% | −3.25% | −5.81% | +12.56% | +12.27% | +14.50% |
| Dividend Yield average | −1.57% | −5.69% | −3.24% | -- | -- | -- | -- |
| Large & Mid Cap average | −1.78% | −5.20% | −0.43% | −3.99% | +13.28% | +11.36% | +13.62% |
Category average: the average of the 12 Dividend Yield funds and the 36 Large & Mid Cap funds, same plan type.
Kotak Dividend Yield vs Kotak Large & Mid Cap: Year-wise Returns
| Year | Dividend YieldKotak Dividend Yield | Large & Mid CapKotak Large & Mid Cap |
|---|---|---|
| 2026to date | -- | −5.94% |
| 2025 | -- | +6.68% |
| 2024 | -- | +25.54% |
| 2023 | -- | +30.85% |
| 2022 | -- | +8.30% |
| 2021 | -- | +32.03% |
Kotak Dividend Yield vs Kotak Large & Mid Cap: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Kotak Dividend Yield Fund
Kotak Dividend Yield vs Kotak Large & Mid Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Dividend Yield Fund (Direct) | Kotak Large & Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −11.19% | +15.66% |
| Standard deviation | 14.22% | 15.16% |
| Sharpe ratio | -1.15 | 0.63 |
| Sortino ratio | -1.49 | 0.85 |
| Maximum drawdown | −12.3% (30-03-2026) | −36.0% (23-03-2020) |
| Beta | 0.90 | -- |
| Alpha | −4.62% | -- |
From daily NAVs, 03-02-2026 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 Dividend Yield Fund (Direct)
Kotak Large & Mid Cap Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Dividend Yield Fund (Direct) | −12.3% | 18-02-2026 | 30-03-2026 | Not yet | -- | −9.2% |
| Kotak Large & Mid Cap Fund (Direct) | −13.6% | 11-02-2026 | 31-03-2026 | Not yet | -- | −8.5% |
| Nifty 500 TRI | −13.6% | 11-02-2026 | 30-03-2026 | 03-08-2026 | 4 months | −7.9% |
From daily values since 03-02-2026, the first day every fund has.
Kotak Dividend Yield vs Kotak Large & Mid Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Dividend Yield Fund, September 2026; Kotak Large & Mid Cap Fund, September 2026
Holdings in common
- Overlap
- 41.8%
- Held by both
- 29
- Only in Kotak Dividend Yield
- 28
- Only in Kotak Large & Mid Cap
- 39
| Security | % of Kotak Dividend Yield | % of Kotak Large & Mid Cap |
|---|---|---|
| HDFC BANK LTD. | 5.55% | 4.52% |
| ICICI BANK LTD. | 4.94% | 3.03% |
| STATE BANK OF INDIA. | 2.51% | 3.92% |
| Larsen and Toubro Ltd. | 2.54% | 2.27% |
| BHARTI AIRTEL LTD. | 2.62% | 2.18% |
| SUN PHARMACEUTICAL INDUSTRIES LTD. | 2.16% | 1.90% |
| AXIS BANK LTD. | 1.81% | 2.41% |
| SHRIRAM FINANCE LIMITED | 1.95% | 1.77% |
| INDUSIND BANK LTD. | 2.00% | 1.47% |
| Bharat Electronics Ltd. | 1.42% | 3.56% |
| RELIANCE INDUSTRIES LTD. | 2.62% | 1.40% |
| BHARAT FORGE LTD. | 1.38% | 2.14% |
| Infosys Ltd. | 1.45% | 1.30% |
| Schaeffler India Ltd | 2.74% | 1.27% |
| Ultratech Cement Ltd. | 1.68% | 1.25% |
| Ajanta Pharma Ltd. | 1.25% | 1.17% |
| Tech Mahindra Ltd. | 1.17% | 1.59% |
| BAJAJ FINANCE LTD. | 1.15% | 2.12% |
| ASTER DM HEALTHCARE LTD | 2.07% | 1.05% |
| United Spirits Ltd | 1.49% | 0.96% |
| CRISIL Ltd. | 1.79% | 0.95% |
| NTPC LTD | 2.20% | 0.90% |
| Ashok Leyland Ltd. | 0.86% | 2.12% |
| BANK OF MAHARASHTRA | 2.39% | 0.78% |
| Maruti Suzuki India Limited | 1.65% | 0.78% |
| Hero MotoCorp Ltd. | 0.74% | 2.10% |
| BSE LTD | 0.70% | 2.02% |
| HINDUSTAN PETROLEUM CORPORATION LTD. | 0.62% | 1.60% |
| Petronet LNG Ltd. | 0.76% | 0.47% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 41.8% means 41.8% 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 Dividend Yield Fund
| Security | % of fund |
|---|---|
| Solar Industries India Limited | 2.64% |
| KARUR VYSYA BANK LTD. | 2.38% |
| Ujjivan Small Finance Bank Ltd. | 2.15% |
| Max Healthcare Institute Ltd. | 2.03% |
| Apollo Hospitals Enterprise Ltd. | 2.01% |
Largest holdings only in Kotak Large & Mid Cap Fund
| Security | % of fund |
|---|---|
| ETERNAL LIMITED | 3.77% |
| Linde India Ltd. | 1.96% |
| Jindal Steel & Power Ltd | 1.93% |
| Coromandel International Limited | 1.84% |
| MOTILAL OSWAL FINANCIAL SERVICES LIMITED | 1.76% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Dividend Yield | Kotak Large & Mid Cap |
|---|---|---|
| Equity | 94.1% | 98.4% |
| Debt | 0.0% | 0.0% |
| Cash and others | 5.9% | 1.6% |
Market cap of stocks
| Market cap | Kotak Dividend Yield | Kotak Large & Mid Cap |
|---|---|---|
| Large Cap | 64.7% | 48.5% |
| Mid Cap | 22.9% | 40.3% |
| Small Cap | 6.5% | 8.2% |
| Not on AMFI's list | 0.0% | 1.4% |
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 Dividend Yield | Kotak Large & Mid Cap |
|---|---|---|
| Banks | 24.8% | 18.7% |
| Finance | 8.3% | 7.6% |
| Pharmaceuticals and Biotechnology | 6.2% | 8.1% |
| Healthcare Services | 6.1% | 2.2% |
| Automobiles | 5.3% | 2.9% |
| IT - Software | 5.0% | 4.4% |
| Retailing | 0.0% | 4.8% |
| Aerospace and Defense | 1.4% | 4.8% |
| Auto Components | 4.8% | 4.7% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Dividend Yield vs Kotak Large & Mid Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Dividend Yield Fund | Kotak Large & Mid Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.14% | 0.66% |
| Base expense ratio (Direct) | 0.90% | 0.50% |
| Total expense ratio (Regular) | 2.57% | 1.67% |
| Base expense ratio (Regular) | 2.10% | 1.35% |
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 Dividend Yield with
Kotak Dividend Yield Fund vs Kotak Large & Mid Cap Fund: Frequently Asked Questions
What is the difference between Kotak Dividend Yield Fund and Kotak Large & Mid Cap Fund?
Kotak Dividend Yield Fund is a Dividend Yield fund, Kotak Large & Mid Cap Fund is a Large & Mid Cap fund, run by Kotak Mahindra Mutual Fund. Their portfolios overlap 41.8%. Kotak Dividend Yield Fund charges 1.14% a year and Kotak Large & Mid Cap Fund 0.66%.
Which has the lower expense ratio, Kotak Dividend Yield Fund or Kotak Large & Mid Cap Fund?
Kotak Large & Mid Cap Fund charges less: 0.66% a year against 1.14%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak Dividend Yield Fund and Kotak Large & Mid Cap Fund overlap?
41.8%. They hold 29 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, SBIN. From each fund's latest monthly portfolio.
Which is riskier, Kotak Dividend Yield Fund or Kotak Large & Mid Cap Fund?
On SEBI's riskometer, Kotak Dividend Yield Fund is rated Very High and Kotak Large & Mid Cap Fund Very High. Over their common history, the standard deviation of daily returns was 14.22% and 15.16% a year.
Can I invest in both Kotak Dividend Yield Fund and Kotak Large & Mid Cap Fund?
Yes. 41.8% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Kotak Dividend Yield Fund and Kotak Large & Mid Cap Fund?
Kotak Dividend Yield Fund: Shibani Sircar Kurian, Abhishek Bisen. Kotak Large & Mid Cap Fund: Harsha Upadhyaya.
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.