Kotak Midcap Fund Direct-Growth

Q: What are the returns of Kotak Midcap Fund?

The Kotak Midcap Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 21.36% since inception. Kotak Midcap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.33% 28.78% 31.68% 19.3% 21.36%

Previously called: Kotak Emerging Equity Direct-G

NAV as of Jul 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹158.341+0.47% 1 day change	21.36% p.a.	#NA View Ranked Funds	₹53,464 Cr

Historical NAV & returns

NAV: ₹158.341 as on Jul 03, 2025

This fund Category average

Kotak Midcap Fund overview

Expense ratio	0.42% as on May 31, 2025
Exit load	1.0% Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days!
AUM (Fund size)	₹53,464 Cr
Lock-in Period	Nil
Age	12 yrs 6 m since Jan 01, 2013
Benchmark	NIFTY Midcap 150 TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Kotak Midcap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jul 04, 2025

Period	This fund	Category average
1 Month	4.57%	3.72%
3 Months	20.38%	17.27%
6 Months	3.56%	3.17%
1 Year	6.33%	4.93%
2 Years	29.12%	28.69%
3 Years	28.78%	28.32%
4 Years	21.61%	21.21%
5 Years	31.68%	30.45%
7 Years	21.49%	20.25%
10 Years	19.3%	17.27%

View returns in detail

Asset allocationas on May 31, 2025

Large Cap 12.699449999999999%

Mid Cap 67.44819%

Small Cap 13.92236%

Other Cap 0.0%

Top holdings

Solar Industries India Ltd.3.33%

Fortis Healthcare Ltd.3.27%

Ipca Laboratories Ltd.3.03%

Mphasis Ltd.2.99%

Top sectors

Capital Goods 15.83%

Technology 11.92%

Healthcare 11.299999999999999%

Chemicals 9.31%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Reserve Bank of India 0.03%

HDFC Bank Ltd. 0.02%

Bank Of Baroda 0.02%

Punjab National Bank 0.02%

Allocation by Instruments

Repo 6.24%

Mutual Fund 0.2%

Other Holdings

Others 6.24%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Kotak Midcap Fund	N.A.	53,464 Cr	12 yrs 6 m	0.42%
Motilal Oswal Midcap Fund	N.A.	30,401 Cr	11 yrs 5 m	0.7%
Nippon India Growth Mid Cap Fund	N.A.	36,836 Cr	12 yrs 6 m	0.72%
HDFC Mid Cap Fund	N.A.	79,718 Cr	12 yrs 6 m	0.77%
Edelweiss Mid Cap Fund	N.A.	10,028 Cr	12 yrs 6 m	0.4%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak Midcap Fund	4.57%	3.56%	6.33%	28.78%	31.68%	19.3%
Motilal Oswal Midcap Fund	5.11%	-4.67%	9.14%	36.81%	38.01%	19.0%
Nippon India Growth Mid Cap Fund	3.24%	4.53%	7.52%	32.03%	33.62%	18.53%
HDFC Mid Cap Fund	3.88%	5.01%	7.9%	33.27%	33.0%	18.84%
Edelweiss Mid Cap Fund	4.57%	4.43%	9.72%	33.26%	34.93%	19.46%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Kotak Midcap Fund	15.95	0.92	1.31	1.68
Motilal Oswal Midcap Fund	17.94	0.9	1.5	1.76
Nippon India Growth Mid Cap Fund	15.86	0.95	1.49	2.1
HDFC Mid Cap Fund	14.62	0.87	1.66	2.26
Edelweiss Mid Cap Fund	16.19	0.95	1.52	2.0

View all Mid Cap funds

Key risk & return ratios Compared to other funds in the category

Alpha	1.21 vs. 7.94 Underperformed at beating benchmark
Sharpe	1.31 vs. 8.52 Poor risk-adjusted returns
Beta	0.92 vs. 1.14 Less sensitive to market ups & downs
Standard deviation	15.95 vs. 13.36 More volatile performance

Compare Kotak Midcap Fund in detail with

About this fund

About Kotak Midcap Fund

Kotak Midcap Fund Direct-Growth is a Mid Cap mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 12 yrs 6 m, having been launched on 01/01/2013. Kotak Midcap Fund Direct-Growth has ₹53,464 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Kotak Midcap Fund Direct-Growth as of 03/07/2025 is ₹158.34. The fund has an expense ratio of 0.42%, which is less than what most other Mid Cap funds charge.

Kotak Midcap Fund Direct-Growth returns of last 1-year are 9.02%. Since launch, it has delivered 21.35% average annual returns. The fund has doubled the money invested in it every 3 yrs.
Kotak Midcap Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Capital Goods, Technology, Healthcare, Chemicals, Financial sectors. It has taken less exposure in Capital Goods, Technology sectors compared to other funds in the category.
The fund's top 5 holdings are in Solar Industries India Ltd., Fortis Healthcare Ltd., Ipca Laboratories Ltd., Mphasis Ltd., GE Vernova T&D India Ltd..

...

Fund AUM	53,464 Cr as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Atul Bhole

Mr. Bhole is a B.Com (H), Chartered Accountant and MMS. Prior to joining Kotak Mahindra Mutual Fund he has worked with DSP Mutual Fund Tata Mutual Fund, JP Morgan Services Pvt. Ltd. and SBI Treasury.

Investment objective

The scheme seeks to generate long-term capital appreciation from a portfolio of equity and equity related securities, by investing predominantly in mid companies.

Kotak Mahindra Mutual Fund details

No. of schemes	75 view all schemes
Total AUM	4,87,121 Cr as on Mar 31, 2025
Address	The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla Complex Bandra (E) Mumbai, 400051
Phone	022-61152100 / 1800-22-2626

More funds from Kotak Mahindra Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Kotak Small Cap Fund	N.A.	17,329 Cr	-0.18%	34.09%
Kotak Infrastructure and Economic Reform Fund	N.A.	2,402 Cr	-6.04%	32.98%
Kotak Pioneer Fund	N.A.	2,807 Cr	7.84%	27.65%
Kotak Contra Fund	N.A.	4,283 Cr	2.94%	26.76%
Kotak Large & Midcap Fund	N.A.	27,046 Cr	3.2%	25.26%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Kotak Midcap Fund?

The current Net Asset Value (NAV) of the Kotak Midcap Fund - Direct Growth plan is approximately ₹158.341 as of Jul 03, 2025.

What are the returns of this mutual fund scheme?

The Kotak Midcap Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 21.36% since inception.

Kotak Midcap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.33%	28.78%	31.68%	19.3%	21.36%

How much does this mutual fund charge as expense ratio?

The Kotak Midcap Fund - Direct Growth has an expense ratio of 0.42%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Kotak Midcap Fund currently has assets under management (AUM) or fund size valued at approximately 53,464 Cr as of Mar 31, 2025.

What are the top stock holdings of Kotak Midcap Fund?

The Kotak Midcap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Solar Industries India Ltd.	3.33%
Fortis Healthcare Ltd.	3.27%
Ipca Laboratories Ltd.	3.03%
Mphasis Ltd.	2.99%
GE Vernova T&D India Ltd.	2.97%
Dixon Technologies (India) Ltd.	2.65%
Oberoi Realty Ltd.	2.62%
JK Cement Ltd.	2.49%
Coromandel International Ltd.	2.45%
Oracle Financial Services Software Ltd.	2.42%

What are the top sectors Kotak Midcap Fund has invested in?

The Kotak Midcap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Capital Goods	15.83%
Technology	11.92%
Healthcare	11.299999999999999%
Chemicals	9.31%
Financial	9.01%
Automobile	6.15%
Services	6.0%
Consumer Discretionary	4.83%
Materials	3.74%
Energy	3.6100000000000003%

What is risk level of Kotak Midcap Fund?

This is a Mid Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Kotak Midcap Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Kotak Midcap Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Kotak Midcap Fund is complete.

How can I redeem my investments in Kotak Midcap Fund?

Redeeming your investments in Kotak Midcap Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Kotak Midcap Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Mid Cap

#NA

Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Mid Cap funds in the last 10 Years.
Chance: This fund has generated a 15.73% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Expense Ratio: This fund has the 3rd lowest expense ratio amongst actively/passively managed Mid Cap funds.
Exit Load: Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days