Kotak Mid Cap Fund
This is the Regular plan of Kotak Mid Cap Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
★★★☆☆3/5 vs 29 of 33 Mid Cap Fund peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Mid Cap Fund (same plan and option). 29 of the 33 Mid Cap Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +14.28% · ranks 14 of 29 Mid Cap Funds
Volatility 16.1% vs 16.1% category avg
1.5% expense vs 2.2% category avg
92% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- 5-year return (+14.14%) beats the Mid Cap Fund average (+13.22%)
- Low expense ratio (1.51%) vs the Mid Cap Fund average of 2.22%
- Consistent — positive in 92% of rolling 3-year windows
Concerns
- Trails the Mid Cap Fund average on 1M/3M/6M/1Y — 1Y by 3.38pp
- Ranks #26 of 31 on 1-year return in its Mid Cap Fund cohort
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Mid Cap Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -7.15% | -6.02% | -1.13% |
| 3M abs | -4.88% | -2.94% | -1.94% |
| 6M abs | +9.91% | +12.28% | -2.37% |
| 1Y CAGR | +0.34% | +3.72% | -3.38% |
| 3Y CAGR | +14.28% | +13.93% | +0.35% |
| 5Y CAGR | +14.14% | +13.22% | +0.92% |
Category average across peers in Mid Cap Fund (up to 33 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 33 peers in Mid Cap Fund
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into Kotak Mid Cap Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | Nifty Midcap 150 TRI | Diff | |
|---|---|---|---|---|
| 2026part | +0.11% | -1.81% | +1.92% | |
| 2025 | +1.84% | +6.24% | -4.40% | |
| 2024 | +33.55% | +24.74% | +8.81% | |
| 2023 | +31.50% | +45.27% | -13.77% | |
| 2022 | +5.13% | +4.09% | +1.04% | |
| 2021 | +47.31% | +48.31% | -1.00% | |
| 2020 | +21.89% | +26.10% | -4.21% | |
| 2019 | +8.86% | — | — | |
| 2018 | -11.72% | — | — | |
| 2017 | +43.00% | — | — |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity96.48%
- Cash & Equivalents3.36%
- Other0.16%
AMC Profile
Kotak Mahindra Mutual Fund is run by Kotak Mahindra Asset Management, part of the Kotak Mahindra Bank group, and has been in the business since 1998. It was the first Indian fund house to launch a dedicated gilt scheme, and today runs one of the country's larger equity and debt line-ups.
Fund Managers
ABAtul BholeManaging since 01 Jan 2022
Equity Fund Manager
MMS (Finance JBIMS), CA Cleared (ICAI), markets.
Mr. Atul has over 18 years of experience in Indian equity Prior to joining
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
Kotak Mahindra in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
Kotak Mahindra MF introduces Nifty 500 Index Fund
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Avalon Tech block deal: Promoters divest 6% stake worth Rs 871 crore
inkl · 5d ago
TPG sells Rs 114 crore Shadowfax shares; Kotak Mahindra AMC buys 3.59% stake in Avalon Technologies
Moneycontrol.com · 5d ago
Avalon Technologies Promoters Dilute 6% Stake for Rs 871 Cr
Rediff MoneyWiz · 5d ago
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Mid Cap funds
Mid cap funds invest in the 101st–250th largest companies. They can grow faster than large caps but fall harder in downturns — a higher-risk, higher-reward slice of the market.
Frequently asked questions
What is the NAV of Kotak Mid Cap Fund?
As of 01 Oct 2026, the NAV of Kotak Mid Cap Fund is ₹136.74 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Kotak Mid Cap Fund delivered?
Kotak Mid Cap Fund has returned +0.34% over 1 year, +14.28% per year over 3 years, +14.14% per year over 5 years and +14.36% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Kotak Mid Cap Fund?
Kotak Mid Cap Fund charges an expense ratio of 1.51% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of Kotak Mid Cap Fund?
Kotak Mid Cap Fund's largest holdings are Fortis Healthcare India Ltd (3.6%), IPCA Laboratories Ltd. (3.4%), VISHAL MEGA MART LIMITED (3.1%), KEI Industries Ltd. (3.0%) and L&T FINANCE LTD (2.9%). Holdings are disclosed monthly and change over time.
How risky is Kotak Mid Cap Fund?
Kotak Mid Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 16.1% and its worst peak-to-trough fall in our sample was -72.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 0.48 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Kotak Mid Cap Fund's 0.48 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of Kotak Mid Cap Fund?
Kotak Mid Cap Fund is benchmarked against the Nifty Midcap 150 TRI. Its alpha and beta on this page are measured against that index.
Who manages Kotak Mid Cap Fund?
Kotak Mid Cap Fund is managed by Atul Bhole at Kotak Mahindra.
How is Kotak Mid Cap Fund taxed?
Kotak Mid Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.