| KOTAK MID CAP FUND
(ERSTWHILE KNOWN AS KOTAK MIDCAP FUND)
Mid Cap Fund - An open ended equity scheme predominantly investing in mid cap stocks
| KOTAK MID CAP FUND
(ERSTWHILE KNOWN AS KOTAK MIDCAP FUND)
Mid Cap Fund - An open ended equity scheme predominantly investing in mid cap stocks

   

   
Investment Objective
The investment objective of the scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities, by investing predominantly in mid companies. The scheme may also invest in Debt and Money Market Instruments, as per the asset allocation table. However, there is no assurance that the objective of the scheme will be achieved.

The investment objective of the scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities, by investing predominantly in mid companies. The scheme may also invest in Debt and Money Market Instruments, as per the asset allocation table. However, there is no assurance that the objective of the scheme will be achieved.


Issuer/Instrument
% to Net
Assets

Equity & Equity related
Finance 10.08
L&T FINANCE LTD 2.71
HDB FINANCIAL SERVICES LTD 1.46
POONAWALLA FINCORP LTD. 1.31
PIRAMAL FINANCE LTD 1.22
Cholamandalam Investment and Finance Company Ltd. 1.07
REC LTD 0.98
INDIA SHELTER FINANCE CORPORATION LTD 0.70
HOME FIRST FINANCE CO INDIA 0.63
Pharmaceuticals and Biotechnology 9.63
Ipca Laboratories Ltd. 3.57
GLAND PHARMA LIMITED 1.60
EMCURE PHARMACEUTICALS LIMITED 1.26
TORRENT PHARMACEUTICALS LTD. 1.25
Biocon Ltd. 1.03
RUBICON RESEARCH LTD 0.92
Healthcare Services 8.68
Fortis Healthcare India Ltd 3.49
Global Health Ltd. 1.82
ASTER DM HEALTHCARE LTD 1.54
MAX HEALTHCARE INSTITUTE LTD. 1.01
Apollo Hospitals Enterprises Ltd. 0.55
MANIPAL HEALTH ENTERPRISES LTD 0.27
Banks 7.61
FEDERAL BANK LTD. 2.62
INDIAN BANK 2.24
BANK OF MAHARASHTRA 2.16
City Union Bank Ltd. 0.59
Retailing 7.15
VISHAL MEGA MART LIMITED 3.04
ETERNAL LIMITED 1.72
SWIGGY LTD 1.55
LENSKART SOLUTIONS LIMITED 0.84
Auto Components 7.03
Schaeffler India Ltd 2.36
BHARAT FORGE LTD. 1.22
ZF Commercial Vehicle Control Systems India Limited 0.99
MRF Limited 0.92
UNO MINDA LIMITED 0.87
Apollo Tyres Ltd. 0.67
IT - Software 6.42
Mphasis Ltd 2.57
PERSISTENT SYSTEMS LIMITED 1.60
ORACLE FINANCIAL SERVICES SOFTWARE LTD 1.49
Birlasoft Ltd. 0.76
Consumer Durables 5.71
DIXON TECHNOLOGIES INDIA LTD. 2.44
Metro Brands Ltd. 1.29
BLUE STAR LTD. 1.15
VOLTAS LTD. 0.83
Capital Markets 5.44
NUVAMA WEALTH MANAGEMENT LIMITED 1.60
NIPPON LIFE INDIA ASSET MANAGEMENT LTD. 1.53
BILLIONBRAINS GARAGE VENTURES LIMITED (GROWW) 1.41
Prudent Corporate Advisory Services Ltd. 0.90
Chemicals and Petrochemicals 4.86
SOLAR INDUSTRIES INDIA LIMITED 2.41
SRF Ltd. 1.51
Deepak Nitrite Ltd. 0.94
Electrical Equipment 4.62
GE VERNOVA T&D INDIA LIMITED 2.45
APAR INDUSTRIES LIMITED 1.34
AVALON TECHNOLOGIES LTD. 0.83
Industrial Products 3.22
KEI INDUSTRIES LTD. 2.45
Ratnamani Metals & Tubes Ltd. 0.77
Fertilizers and Agrochemicals 2.50
Coromandel International Ltd. 1.51
P I INDUSTRIES LTD 0.99
Cement and Cement Products 2.25
Dalmia Bharat Limited 1.17
JK Cement Ltd. 1.08
Insurance 2.20
Max Financial Services Ltd. 1.18
ICICI LOMBARD GENERAL INSURANCE COMPANY LTD 1.02
Realty 2.11
OBEROI REALTY LTD 2.11
Telecom - Services 2.00
BHARTI HEXACOM LTD. 2.00
Aerospace and Defense 1.96
Bharat Electronics Ltd. 1.96
Petroleum Products 1.22
HINDUSTAN PETROLEUM CORPORATION LTD 1.22
Ferrous Metals 0.89
Jindal Steel & Power Ltd. 0.89
Food Products 0.78
AVANTI FEEDS LTD 0.78
Healthcare Equipment and Supplies 0.54
MOLBIO DIAGNOSTICS LIMITED 0.54
Construction 0.39
TECHNO ELECTRIC & ENGINEERING COMPANY LIMITED 0.39
Beverages 0.37
UNITED SPIRITS LTD. 0.37
Industrial Manufacturing 0.34
ADITYA INFOTECH LIMITED 0.34
Equity & Equity related - Total 98
Mutual Fund Units
Kotak Liquid Direct Growth 0.17
Mutual Fund Units - Total 0.17
Futures
DIXON TECHNOLOGIES INDIA LTD.-OCT2026 0.43
BLUE STAR LTD.-OCT2026 0.10
P I INDUSTRIES LTD-OCT2026 0.06
L&T FINANCE LTD-OCT2026 0.01
Futures (Market value represents Notional Value) - Total 0.60
Triparty Repo 2.77
Net Current Assets/(Liabilities) -1.54
Grand Total 100.00



Systematic Investment Plan (SIP) If you had invested Rs 10,000 every month
Monthly SIP of (₹) 10000 Since Inception 10 years 7 years 5 years 3 years 1 year
Total amount invested (₹) 23,50,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000
Total Value as on Sep 30, 2026 (₹) 1,60,91,765 29,43,393 15,93,566 8,42,429 4,02,653 1,19,797
Scheme Returns (%) 17.10 17.09 17.98 13.55 7.42 -0.32
Nifty Midcap 150 (TRI) Returns (%) 16.85 17.64 19.02 14.16 6.35 -0.57
Alpha* 0.25 -0.55 -1.04 -0.61 1.07 0.26
Nifty Midcap 150 (TRI) (₹)# 1,56,12,267 30,31,353 16,53,916 8,55,133 3,96,318 1,19,630
Nifty Midcap 100 (TRI) Returns (%) 15.82 17.33 19.54 14.70 6.59 -0.73
Alpha* 1.28 -0.24 -1.57 -1.15 0.83 0.41
Nifty Midcap 100 (TRI) (₹)# 1,37,74,850 29,81,231 16,85,028 8,66,635 3,97,697 1,19,531
Nifty 50 (TRI) (₹)^ 78,19,213 20,37,367 11,50,994 6,73,946 3,52,171 1,11,040
Nifty 50 (TRI) Returns (%) 11.06 10.21 8.86 4.60 -1.42 -13.60

Scheme Inception : - March 30, 2007. The returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month. Since Inception returns are assumed to be starting from the inception date of the Scheme and calculated accordingly. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows and taking the time of investment into consideration. The SIP performance details provided herein are of Regular Plan - Growth Option Different plans have different expense structure. # Benchmark; ^ Additional Benchmark. TRI – Total Return Index, In terms of Para no 7.23 of SEBI Master Circular no. HO/24/13/11(1)2026-IMD-POD-1/I/7602/2026 dated March 20, 2026, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI). Alpha is difference of scheme return with benchmark return. *All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Source: ICRA MFI Explorer.

Net Asset Value (NAV)
RegularDirect
Growth Rs137.4170Rs160.9890
IDCW Rs75.4730Rs95.9140
(as on September 30, 2026)

Available Plans/Options

A) Regular Plan B) Direct Plan
Options: Payout of IDCW, Reinvestment of IDCW & Growth (applicable for all plans)


Fund Manager* Mr. Atul Bhole
Benchmark***NIFTY Midcap 150 TRI (Tier 1), Nifty Midcap 100 TRI (Tier 2)
Allotment dateMarch 30, 2007
AAUMRs69,528.56 crs
AUMRs66,613.26 crs
Folio count22,11,694

IDCW Frequency

Trustee's Discretion


Ratios
Portfolio Turnover29.49%
$Beta0.95
$Sharpe ##0.54
$Standard Deviation18.52%
^^(P/E)30.38
^^P/BV4.24
Source: $ICRA MFI Explorer, ^^Bloomberg

Market Capitalisation*
Large Cap13.50%
Mid Cap66.51%
Small Cap18.59%
Debt & Money Market1.40%

*% of Net Asset

Minimum Investment Amount

Initial & Additional Investment
• Rs100 and any amount thereafter
Systematic Investment Plan (SIP)
• Rs 100 and any amount thereafter

Ideal Investments Horizon

• 5 years & above


Load Structure

Entry Load: Nil. (applicable for all plans)
Exit Load:
• For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.
• If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%
• If units are redeemed or switched out on or after 1 year from the date of allotment: NIL.


Expense Ratio**
Regular Plan: 1.38%
Direct Plan: 0.41%

Data as on 30th September, 2026 unless otherwise specified.

Folio Count data as on 31st August 2026.

Fund


Benchmark - Tier 1: Nifty Midcap 150 TRI

Benchmark - Tier 2: Nifty Midcap 100 TRI


This product is suitable for investors who are seeking*:
  • Long term capital growth
  • Investment in equity & equity related securities predominantly in mid cap companies.

* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

For latest Riskometer, investors may refer to an addendum issued or updated on website at www.kotakmf.com


***As per para 7.2 of SEBI Master circular no. HO/24/13/11(1)2026-IMD-POD-1/I/7602/2026 dated March 20, 2026 The first tier benchmark is reflective of the category of the scheme and the second tier benchmark is demonstrative of the investment style / strategy of the Fund Manager within the category.
## Risk rate assumed to be 5.28% (FBIL Overnight MIBOR rate as on 30th September 2026).**The expense ratio disclosed above represents the Base Expense Ratio (BER), including applicable statutory levies on expenses forming part of the BER, but excludes brokerage, transaction costs and related statutory levies. For Total Expense Ratio including brokerage, transaction cost and related statutory levies please refer our website: https://www.kotakmf.com/Information/TER.
* For Fund Manager experience, please refer 'For Regular Plan' & 'For Direct Plan'
For last three IDCW, please refer 'Dividend History'.
For scheme performance, please refer 'For Regular Plan' & 'For Direct Plan'