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This Mutual Fund Turned Rs 1 Lakh Into Rs 11.48 Lakh In 12 Years | Details Inside
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The fund invests roughly 69% in mid-cap stocks, with the rest in small-cap, large-cap, and debt, focusing on IT, consumer durables, finance, retail, and healthcare
The fund requires a minimum investment of just Rs 100. (Representative/Shutterstock)
Investing in mutual funds has emerged as one of the most popular methods for stock market investments, offering substantial long-term wealth accumulation through the compounding effect. This effect, famously endorsed by renowned investor Warren Buffett, involves reinvesting initial returns to generate even higher returns over time.
Among the various mutual funds available, the Kotak Mid Cap Fund (Direct) stands out for its impressive performance since its launch on January 1, 2013.
Had an investor placed Rs 1 lakh in the Kotak Mid Cap Fund on its inception date, the investment would have grown to approximately Rs 11.48 lakh today, reflecting an annual return of around 21.13%.
Historical Returns Of This Fund
The fund’s historical returns over different periods further illustrate its robust performance: Rs 1 lakh increased to Rs 1.01 lakh in 1 year (1.84%), Rs 1 lakh increased to Rs 1.86 lakh in three years (23.16%), Rs 1 lakh increased to Rs 3.72 lakh in 5 years (30.06%), and Rs 1 lakh increased to Rs 6.04 lakh in 10 years (19.72%).
Fund Overview
Kotak Mid Cap Fund boasts assets under management (AUM) totalling approximately Rs 56,988 crore, with a minimal expense ratio of 0.37%. Its benchmark index is the Nifty Midcap 150 TRI. The fund requires a minimum investment of just Rs 100, making it accessible to a wide range of investors.
The fund allocates about 69% of its corpus to mid-cap stocks, with the remainder invested in small-cap, large-cap, and debt instruments. Significant sector allocations include IT, consumer durables, finance, retail, and healthcare.
Disclaimer:Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
September 29, 2025, 16:56 IST
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