Kotak Midcap Fund
The scheme seeks to generate long-term capital appreciation from a portfolio of equity and equity related securities, by investing predominantly in mid companies.
Growthvine rating: 4/5 — ranked #7 of 33 in category.
Fund basics
| Category | Equity: Mid Cap |
|---|
| NAV | ₹147.74 (as of 2026-08-21) |
|---|
| AUM | ₹69,283 Cr |
|---|
| Expense ratio | 1.16% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Atul Bhole |
|---|
| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
|---|
Performance & risk
| 5-year annualised return | 16.65% |
|---|
| Sharpe ratio | 0.73 |
|---|
| Standard deviation | 17.79% |
|---|
| Max drawdown | -72.00% |
|---|
| Alpha | 1.25 |
|---|
| Beta | 0.94 |
|---|
Over 5 years, captured 88.5% of NIFTY Midcap 150's upside and 83.2% of its downside.
Market cap allocation
| Large cap | 16.0% |
|---|
| Mid cap | 69.0% |
|---|
| Small cap | 15.0% |
|---|
Concentration
| Top 5 holdings | 16.1% |
|---|
| Top 10 holdings | 28.8% |
|---|
| Total holdings | 71 |
|---|
| Index overlap | 28.1% |
|---|
| Active share | 71.9% |
|---|
Top holdings
- Fortis Healthcare Ltd — 3.8%
- Eternal Limited — 3.2%
- Ipca Laboratories Ltd. — 3.1%
- Vishal Mega Mart Limited — 3.1%
- L&T Finance Limited — 2.8%
- Federal Bank Ltd. — 2.8%
- Mphasis Limited — 2.7%
- KEI Industries Ltd. — 2.5%
- GE Vernova T&D India Limited — 2.4%
- Indian Bank — 2.2%
Top sectors
- Banking & Financial — 12.5%
- Finance & Investments — 12.2%
- Retail — 11.2%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 8.2% | Q2 | #15 of 31 |
| 2025 | 1.8% | Q2 | #15 of 29 |
| 2024 | 33.6% | Q1 (Top) | #6 of 29 |
| 2023 | 31.5% | Q4 (Bottom) | #25 of 28 |
| 2022 | 5.1% | Q1 (Top) | #6 of 22 |