There are many ways to invest in the stock market, and one of the most common is through mutual funds.
Long-term investment in mutual funds can multiply your money because of the power of compounding—where your returns are added back to the principal, creating even more returns over time.
Renowned investor Warren Buffett even refers to compounding as a “magic formula.” With the right mutual fund, investors can build wealth over time.
Kotak Mid Cap Fund Performance
One such mutual fund is the Kotak Mid Cap Fund (Direct), launched on January 1, 2013.
If an investor had invested ₹1 lakh at that time, the amount would have grown to about ₹11.48 lakh today.
The fund has delivered an impressive annual return of 21.13% since launch.
Here’s how the fund performed over different time periods:
1 year: ₹1 lakh → ₹1.01 lakh (1.84% return)
3 years: ₹1 lakh → ₹1.86 lakh (23.16% return)
5 years: ₹1 lakh → ₹3.72 lakh (30.06% return)
10 years: ₹1 lakh → ₹6.04 lakh (19.72% return)
Fund Details
Assets Under Management (AUM): ~₹56,988 crore
Expense Ratio: 0.37%
Benchmark: Nifty Midcap 150 TRI
Minimum Investment: Just ₹100
Portfolio Allocation: Around 69% in mid-cap stocks, with the rest in small-cap, large-cap, and debt instruments
Key Sectors: IT, consumer durables, finance, retail, and healthcare
