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KOTAK NIFTY MIDCAP 50 INDEX FUND-DIRECT PLAN- GROWTH
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 67/100 · Good
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)—
- Expense ratio (20%)0.3901%
- AUM (15%)₹86 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Kotak Mahindra Mutual Fund · Equity · Mid Cap
₹11.0
AUM: ₹86 Cr
NAV updated 5 days ago
Plan
Direct
Option
Growth
Risk
Very High
Expense Ratio
0.3901%
Exit Load
Nil
Fund Manager
Devender Singhal
Inception
Aug 2024
Benchmark
NIFTY Midcap 50 Total Return Index
Sharpe Ratio
0.41
Std Dev (1Y)
16.36%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-2.42%
3m
+0.59%
6m
+14.92%
1y
+7.56%
3y
—
5y
—
10y
—
since inception
+4.1%
TopFund's Take on KOTAK NIFTY MIDCAP 50 INDEX FUND-DIRECT PLAN- GROWTH
KOTAK NIFTY MIDCAP 50 INDEX FUND-DIRECT PLAN- GROWTH holds up reasonably well within the Mid Cap category, currently carrying a 3-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 67/100.
Cost: At 0.3901%, the expense ratio is meaningfully cheaper — about 49% below the Mid Cap category average of 0.77% (based on 230 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.41 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 16.36% is fairly typical for Mid Cap funds.
Who should invest: This fund is best suited to investors with a 5+ year horizon comfortable with meaningfully higher volatility than large cap funds. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about KOTAK NIFTY MIDCAP 50 INDEX FUND-DIRECT PLAN- GROWTH
The current NAV (Net Asset Value) of KOTAK NIFTY MIDCAP 50 INDEX FUND-DIRECT PLAN- GROWTH is ₹11.0. NAV is updated every business day after market close by AMFI.
1Y: 7.56%
The expense ratio of KOTAK NIFTY MIDCAP 50 INDEX FUND-DIRECT PLAN- GROWTH is 0.3901% per annum. This is the annual fee charged by the fund to manage your investment.
KOTAK NIFTY MIDCAP 50 INDEX FUND-DIRECT PLAN- GROWTH is managed by Devender Singhal at Kotak Mahindra Mutual Fund.
KOTAK NIFTY MIDCAP 50 INDEX FUND-DIRECT PLAN- GROWTH is classified as a Very High risk fund. It is suitable for aggressive investors with a long-term horizon of 5+ years.
Yes, KOTAK NIFTY MIDCAP 50 INDEX FUND-DIRECT PLAN- GROWTH is an equity fund, making it suitable for SIP investments. Regular monthly SIPs help average out market volatility through rupee-cost averaging.
You can start a SIP in KOTAK NIFTY MIDCAP 50 INDEX FUND-DIRECT PLAN- GROWTH with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of KOTAK NIFTY MIDCAP 50 INDEX FUND-DIRECT PLAN- GROWTH is ₹86 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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