Kotak Midcap Fund Direct-Growth
Benchmark: NIFTY Midcap 150 TRI · Inception: 01/01/2013 · NAV: ₹160.20 (01/10/2026)
AUM: ₹71256 Cr · Expense Ratio: 0.54% · Riskometer: Very High
The fund outperforms the category on risk-adjusted metrics with a Sharpe of 0.58 versus 0.488 and a Sortino of 0.73 compared to its peer group's performance. While it shows a superior Alpha of 2.22 over the Category Alpha of 1.77, it also carries higher absolute risk with a Std Dev of 18.54 vs 15.57.
The fund delivers a superior Alpha of 2.22 compared to the Category Alpha of 1.77. Additionally, its Sharpe ratio of 0.58 is higher than the Category Sharpe of 0.488, indicating better risk-adjusted returns than many peers.
The fund's Std Dev of 18.54 is higher than the Category Std Dev of 15.57, indicating more volatility than the category average. Its Beta of 0.96 also exceeds the Category Beta of 0.813, meaning it is more sensitive to market movements than its peers.
The fund exhibits a higher risk profile than the category average due to both a higher Std Dev (18.54 vs 15.57) and a higher Beta (0.96 vs 0.81). It is best suited for aggressive investors who can tolerate extra volatility in exchange for potentially higher returns.
This fund demonstrates strong alpha generation and superior risk-adjusted returns relative to its category average. While it is more volatile than the category average, it effectively compensates for this extra volatility by delivering significantly higher excess returns.
Kotak Midcap Fund carries an overall rating of 3.2/5 (Selective Buy), showing moderate standing within the Mid Cap category. Its alpha of 2.22 outperformss the category average of 1.77, reflecting superior stock selection. The Sharpe ratio of 0.58 sits above the category mean of 0.49, while volatility (std dev 18.54%) is higher than peers (15.57%), indicating relatively higher volatility. With a 5-year CAGR of 15.10% and expense ratio of 0.54%, investors should weigh cost-adjusted returns carefully.
| Period | CAGR |
|---|---|
| 1Y | 0.49% |
| 3Y | 15.45% |
| 5Y | 15.10% |
| 10Y | 17.03% |
| Since Launch | 19.36% |
- ✅ Alpha 2.22 exceeds category avg 1.77 — superior active management
- ✅ Low expense ratio 0.54% — cost-efficient
- ⚠️ Higher volatility 18.54% vs peers 15.57%