Kotak Midcap Fund

Q: What are the returns of this mutual fund scheme?

The Kotak Midcap Fund is a 18 yrs 11 m old fund and has delivered average annual returns of 14.62% since inception. Kotak Midcap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 8.35% 20.55% 19.75% 18.39% 14.62%

Q: How much does this mutual fund charge as expense ratio?

The Kotak Midcap Fund has an expense ratio of 1.39% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹130.995-0.75% 1 day change	14.62% p.a.	App exclusive #NA View Ranked Funds	₹60,637 Cr

Historical NAV & returns

NAV: ₹130.995 as on Feb 02, 2026

This fund Category average

Kotak Midcap Fund overview

AUM (Fund size)	₹60,637 Cr
Exit load	1.0% Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days!
Lock-in Period	Nil
Age	18 yrs 11 m since Feb 12, 2007
Benchmark	NIFTY Midcap 150 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.39% as on Feb 01, 2026
Plan type	Regular
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 Feb 03, 2026

Period	This fund	Category average
1 Month	-5.08%	-5.41%
3 Months	-6.11%	-6.24%
6 Months	-3.41%	-2.41%
1 Year	8.35%	6.17%
2 Years	13.93%	9.35%
3 Years	20.55%	19.78%
4 Years	15.89%	14.0%
5 Years	19.75%	17.84%
7 Years	20.39%	17.47%
10 Years	18.39%	15.35%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 13.27%

Mid Cap 72.25%

Small Cap 13.48%

Other Cap 0%

Top holdings

GE Vernova T&D India Ltd4.21%

Fortis Healthcare Ltd.3.6%

Mphasis Ltd.3.58%

Ipca Laboratories Ltd.2.81%

Top sectors

Financial 20.45%

Capital Goods 14.29%

Healthcare 11.460000000000003%

Technology 10.52%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 0.8%

Mutual Fund 0.18%

Net Current Assets 0.02%

Other Holdings

Kotak Liquid - Plan A - Direct Plan-Growth 0.18%

Others 0.02%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak Midcap Fund	-5.08%	-3.41%	8.35%	20.55%	19.75%	18.39%
Nippon India Growth Mid Cap Fund	-4.23%	0.3%	10.07%	24.7%	22.32%	19.03%
HDFC Mid Cap Fund	-3.46%	2.92%	12.7%	25.1%	23.35%	18.96%
Motilal Oswal Midcap Fund	-7.86%	-10.95%	-4.99%	22.03%	24.19%	16.85%
Edelweiss Mid Cap Fund	-4.76%	0.67%	9.49%	24.96%	21.93%	18.86%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Kotak Midcap Fund	15.16	0.89	0.93	1.16
Nippon India Growth Mid Cap Fund	15.41	0.95	1.13	1.67
HDFC Mid Cap Fund	13.87	0.85	1.27	1.8
Motilal Oswal Midcap Fund	18.54	0.96	0.86	1.08
Edelweiss Mid Cap Fund	15.39	0.93	1.18	1.52

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Kotak Midcap Fund	N.A.	60,637 Cr	18 yrs 11 m	1.39%
Nippon India Growth Mid Cap Fund	N.A.	42,124 Cr	30 yrs 4 m	1.54%
HDFC Mid Cap Fund	N.A.	92,642 Cr	18 yrs 8 m	1.36%
Motilal Oswal Midcap Fund	N.A.	36,880 Cr	12 yrs	1.55%
Edelweiss Mid Cap Fund	N.A.	13,650 Cr	18 yrs 2 m	1.67%

View all Mid Cap funds

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

Alpha	0.27 vs. 5.97 Underperformed at beating benchmark
Sharpe	0.93 vs. 6.2 Poor risk-adjusted returns
Beta	0.89 vs. 1.01 Less sensitive to market ups & downs
Standard deviation	15.16 vs. 14.56 More volatile performance

Compare Kotak Midcap Fund in detail with

About this fund

About Kotak Midcap Fund

Kotak Midcap Fund is a Mid Cap mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 18 yrs 11 m, having been launched on 12/02/2007. Kotak Midcap Fund has ₹60,637 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Kotak Midcap Fund as of 02/02/2026 is ₹131.00. The fund has an expense ratio of 1.39%, which is higher than what most other Mid Cap funds charge.

Kotak Midcap Fund returns of last 1-year are 6.85%. Since launch, it has delivered 14.61% average annual returns. The fund has doubled the money invested in it every 4 yrs.
Kotak Midcap Fund 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 Financial, Capital Goods, Healthcare, Technology, Chemicals sectors. It has taken less exposure in Financial, Capital Goods sectors compared to other funds in the category.
The fund's top 5 holdings are in GE Vernova T&D India Ltd, Fortis Healthcare Ltd., Mphasis Ltd., Ipca Laboratories Ltd., Vishal Mega Mart Ltd..

...

Fund AUM	60,637 Cr as on Dec 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	84 view all schemes
Total AUM	5,88,199 Cr as on Dec 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 Infrastructure and Economic Reform Fund	N.A.	2,353 Cr	4.21%	22.47%
Kotak US Specific Equity Passive FoF	N.A.	3,770 Cr	26.62%	18.64%
Kotak Contra Fund	N.A.	5,136 Cr	9.74%	17.26%
Kotak Large & Midcap Fund	N.A.	30,039 Cr	11.95%	17.22%
Kotak Small Cap Fund	N.A.	17,258 Cr	-6.28%	17.1%

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 plan is approximately ₹130.995 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Kotak Midcap Fund is a 18 yrs 11 m old fund and has delivered average annual returns of 14.62% since inception.

Kotak Midcap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
8.35%	20.55%	19.75%	18.39%	14.62%

How much does this mutual fund charge as expense ratio?

The Kotak Midcap Fund has an expense ratio of 1.39%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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 60,637 Cr as on Dec 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
GE Vernova T&D India Ltd	4.21%
Fortis Healthcare Ltd.	3.6%
Mphasis Ltd.	3.58%
Ipca Laboratories Ltd.	2.81%
Vishal Mega Mart Ltd.	2.49%
Indian Bank	2.41%
Swiggy Ltd.	2.41%
Kei Industries Ltd.	2.38%
Bharti Hexacom Ltd.	2.23%
Oberoi Realty Ltd.	2.21%

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
Financial	20.45%
Capital Goods	14.29%
Healthcare	11.460000000000003%
Technology	10.52%
Chemicals	8.870000000000001%
Services	7.340000000000001%
Automobile	5.33%
Consumer Discretionary	4.77%
Materials	3.7%
Metals & Mining	2.52%

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 can I redeem my investments in Kotak Midcap Fund?

Redeeming your investments in the Kotak Midcap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

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

ET Money rank

App exclusive

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 14.71% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days