Kotak Nifty Midcap 50 Index Fund
Mid Cap IndexVery HighOPEN-ENDED
- NAV as on 6 Nov 2026
- ₹10.62+0.36%1 day
- Return since launch
- 2.2%
- 52-week range
- ₹9.12 — ₹11.24
- AUM
- ₹82.87 Cr
Kotak Nifty Midcap 50 Index Fund is a Mid Cap Index equity fund from Kotak Mahindra Mutual Fund with ₹82.87 Cr under management, launched in 2024. The expense ratio is 1.08% and the SEBI riskometer reading is Very High.
Performance
Kotak Nifty Midcap 50 Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +2.3% against -1.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 3.0% | +2.5 pts | 0.5% | 0.4% |
| 2Y | 6.4% | +3.0 pts | 3.4% | 3.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 3.0% | +1.2 pts | 1.8% | 3.1% |
| 3M | -3.9% | +0.3 pts | -4.1% | -5.1% |
| 6M | -0.8% | +1.4 pts | -2.2% | -1.1% |
| 1Y | 2.3% | +1.7 pts | 0.5% | -1.5% |
| 2Y | 4.5% | +3.9 pts | 0.6% | 2.2% |
Since launch (25 Jul 2024): 2.2%
Calendar-year returns
Category average7.4%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.4% | +4.1 pts | 3.3% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.06%
Expense ratio as on 3 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.73%
- Brokerage
- 0.02%
- Transaction charges
- 0.00%
- Statutory levies
- 0.30%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Midcap 50 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Kotak Nifty Midcap 50 Index Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity100.2%
Market cap split
- Large5.1%
- Mid94.9%
- P/E
- 28.93
- P/B
- 3.42
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Multi Commodity Exchange Of India Ltd. | Services | 3.92% | ₹3.25 Cr | +3.23% | +3.18% | — |
| The Federal Bank Ltd. | Financial | 3.65% | ₹3.03 Cr | +3.63% | +3.33% | +2.45% |
| Laurus Labs Ltd. | Healthcare | 3.59% | ₹2.98 Cr | +2.63% | +2.02% | — |
| One 97 Communications Ltd. | Services | 3.37% | ₹2.79 Cr | +2.14% | +2.10% | +2.13% |
| Hero Motocorp Ltd. | Automobile | 3.17% | ₹2.63 Cr | +2.78% | +3.43% | +3.67% |
| The Indian Hotels Company Ltd. | Services | 2.98% | ₹2.47 Cr | — | — | — |
| Bharat Heavy Electricals Ltd. | Capital Goods | 2.82% | ₹2.34 Cr | +2.69% | +1.87% | +1.58% |
| Indusind Bank Ltd. | Financial | 2.77% | ₹2.29 Cr | +2.72% | +2.59% | +2.50% |
| AU Small Finance Bank Ltd. | Financial | 2.74% | ₹2.27 Cr | +2.62% | +2.49% | +2.13% |
| Persistent Systems Ltd. | Technology | 2.68% | ₹2.22 Cr | +2.10% | +2.77% | +2.67% |
| Dixon Technologies (India) Ltd. | Capital Goods | 2.54% | ₹2.11 Cr | +2.21% | +2.08% | +3.46% |
| IDFC First Bank Ltd. | Financial | 2.52% | ₹2.09 Cr | +2.35% | +2.03% | +2.38% |
| Bharat Forge Ltd. | Automobile | 2.49% | ₹2.07 Cr | +2.55% | +2.33% | +1.67% |
| GE Vernova T&D India Ltd | Capital Goods | 2.42% | ₹2.01 Cr | — | — | — |
| Lupin Ltd. | Healthcare | 2.30% | ₹1.90 Cr | +2.62% | +2.93% | +2.39% |
| Indus Towers Ltd. | Communication | 2.24% | ₹1.85 Cr | +2.25% | +2.82% | +2.34% |
| Suzlon Energy Ltd. | Capital Goods | 2.24% | ₹1.85 Cr | +3.20% | +2.51% | +3.45% |
| Info Edge (India) Ltd. | Services | 2.20% | ₹1.82 Cr | +1.67% | +1.93% | — |
| Aurobindo Pharma Ltd. | Healthcare | 2.15% | ₹1.78 Cr | +1.95% | +1.90% | +1.57% |
| Ashok Leyland Ltd. | Automobile | 2.06% | ₹1.70 Cr | +2.01% | +2.30% | +2.11% |
| FSN E-Commerce Ventures Ltd. | Services | 2.04% | ₹1.69 Cr | +1.90% | +1.68% | — |
| Marico Ltd. | Consumer Staples | 1.94% | ₹1.61 Cr | +1.97% | +2.03% | +1.91% |
| Fortis Healthcare Ltd. | Healthcare | 1.87% | ₹1.55 Cr | +2.22% | +2.16% | +2.61% |
| APL Apollo Tubes Ltd. | Metals & Mining | 1.86% | ₹1.54 Cr | +1.45% | +1.84% | +1.58% |
| United Spirits Ltd. | Consumer Staples | 1.86% | ₹1.54 Cr | — | — | — |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 1.80% | ₹1.49 Cr | +1.89% | +2.17% | — |
| PB Fintech Ltd. | Services | 1.76% | ₹1.46 Cr | +2.51% | +2.54% | +2.97% |
| Swiggy Ltd. | Services | 1.75% | ₹1.45 Cr | +1.52% | +1.86% | — |
| REC Ltd. | Financial | 1.74% | ₹1.44 Cr | — | — | — |
| Yes Bank Ltd. | Financial | 1.71% | ₹1.42 Cr | +1.89% | +1.58% | +2.16% |
| Max Financial Services Ltd. | Financial | 1.70% | ₹1.41 Cr | +1.87% | +2.06% | +2.15% |
| The Phoenix Mills Ltd. | Construction | 1.68% | ₹1.40 Cr | +1.62% | +1.47% | +1.50% |
| SRF Ltd. | Chemicals | 1.67% | ₹1.39 Cr | +1.77% | +1.85% | +2.12% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | 1.64% | ₹1.36 Cr | — | — | — |
| Hindustan Petroleum Corporation Ltd. | Energy | 1.57% | ₹1.30 Cr | +1.69% | +1.68% | +2.20% |
| GMR Airports Ltd. | Construction | 1.54% | ₹1.27 Cr | +1.78% | +1.58% | +1.61% |
| National Aluminium Company Ltd. | Metals & Mining | 1.42% | ₹1.18 Cr | — | — | — |
| JSW Energy Ltd. | Capital Goods | 1.41% | ₹1.17 Cr | — | — | — |
| UPL Ltd. | Chemicals | 1.41% | ₹1.17 Cr | +1.43% | +1.66% | +1.93% |
| Mankind Pharma Ltd. | Healthcare | 1.32% | ₹1.10 Cr | +1.29% | +1.18% | +1.42% |
| Vishal Mega Mart Ltd. | Services | 1.32% | ₹1.09 Cr | — | — | — |
| NHPC Ltd. | Energy | 1.28% | ₹1.06 Cr | +1.37% | +1.22% | +1.41% |
| NMDC Ltd. | Metals & Mining | 1.23% | ₹1.02 Cr | +1.31% | +1.38% | +1.36% |
| Havells India Ltd. | Capital Goods | 1.19% | ₹0.99 Cr | +1.30% | +1.57% | — |
| Tube Investments Of India Ltd. | Automobile | 1.18% | ₹0.98 Cr | +1.44% | +1.40% | +1.71% |
| Prestige Estates Projects Ltd. | Construction | 1.16% | ₹0.96 Cr | +1.18% | +0.99% | +1.32% |
| Oil India Ltd. | Energy | 1.14% | ₹0.94 Cr | +1.01% | +1.35% | +1.17% |
| Waaree Energies Ltd. | Energy | 1.06% | ₹0.88 Cr | +1.26% | +1.55% | — |
| Dabur India Ltd. | Consumer Staples | 1.04% | ₹0.87 Cr | +1.11% | +1.26% | +1.50% |
| Godrej Properties Ltd. | Construction | 1.03% | ₹0.85 Cr | +1.13% | +1.14% | +1.53% |
| Others | Others | -0.17% | ₹-0.15 Cr | -0.90% | -5.12% | -1.56% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| BSE Ltd. | 5.66% | 0.00% | -5.66% |
| The Indian Hotels Company Ltd. | 0.00% | 2.98% | +2.98% |
| Coforge Ltd. | 2.92% | 0.00% | -2.92% |
| GE Vernova T&D India Ltd | 0.00% | 2.42% | +2.42% |
| Polycab India Ltd. | 2.13% | 0.00% | -2.13% |
| United Spirits Ltd. | 0.00% | 1.86% | +1.86% |
| REC Ltd. | 0.00% | 1.74% | +1.74% |
| Glenmark Pharmaceuticals Ltd. | 0.00% | 1.64% | +1.64% |
| National Aluminium Company Ltd. | 0.00% | 1.42% | +1.42% |
| JSW Energy Ltd. | 0.00% | 1.41% | +1.41% |
| Mphasis Ltd. | 1.36% | 0.00% | -1.36% |
| Alkem Laboratories Ltd. | 1.32% | 0.00% | -1.32% |
| Vishal Mega Mart Ltd. | 0.00% | 1.32% | +1.32% |
| Colgate-Palmolive (India) Ltd. | 1.05% | 0.00% | -1.05% |
| PB Fintech Ltd. | 2.74% | 1.76% | -0.98% |
| Supreme Industries Ltd. | 0.97% | 0.00% | -0.97% |
| SBI Cards And Payment Services Ltd. | 0.81% | 0.00% | -0.81% |
| Others | 0.07% | -0.65% | -0.72% |
| Laurus Labs Ltd. | 3.15% | 3.59% | +0.44% |
| One 97 Communications Ltd. | 3.05% | 3.37% | +0.32% |
| Multi Commodity Exchange Of India Ltd. | 3.66% | 3.92% | +0.26% |
| Suzlon Energy Ltd. | 2.44% | 2.24% | -0.20% |
| ICICI Lombard General Insurance Company Ltd. | 1.61% | 1.80% | +0.19% |
| The Phoenix Mills Ltd. | 1.50% | 1.68% | +0.18% |
| Hero Motocorp Ltd. | 2.99% | 3.17% | +0.18% |
| Mankind Pharma Ltd. | 1.16% | 1.32% | +0.16% |
| APL Apollo Tubes Ltd. | 1.71% | 1.86% | +0.15% |
| AU Small Finance Bank Ltd. | 2.60% | 2.74% | +0.14% |
| Aurobindo Pharma Ltd. | 2.01% | 2.15% | +0.14% |
| GMR Airports Ltd. | 1.41% | 1.54% | +0.13% |
| Havells India Ltd. | 1.32% | 1.19% | -0.13% |
| Fortis Healthcare Ltd. | 2.00% | 1.87% | -0.13% |
| Bharat Forge Ltd. | 2.37% | 2.49% | +0.12% |
| Indus Towers Ltd. | 2.12% | 2.24% | +0.12% |
| Godrej Properties Ltd. | 1.15% | 1.03% | -0.12% |
| Persistent Systems Ltd. | 2.57% | 2.68% | +0.11% |
| IDFC First Bank Ltd. | 2.41% | 2.52% | +0.11% |
| Marico Ltd. | 1.83% | 1.94% | +0.11% |
| SRF Ltd. | 1.57% | 1.67% | +0.10% |
| Bharat Heavy Electricals Ltd. | 2.72% | 2.82% | +0.10% |
| Dabur India Ltd. | 0.95% | 1.04% | +0.09% |
| Hindustan Petroleum Corporation Ltd. | 1.48% | 1.57% | +0.09% |
| Info Edge (India) Ltd. | 2.12% | 2.20% | +0.08% |
| UPL Ltd. | 1.33% | 1.41% | +0.08% |
| Tube Investments Of India Ltd. | 1.25% | 1.18% | -0.07% |
| Ashok Leyland Ltd. | 2.12% | 2.06% | -0.06% |
| Dixon Technologies (India) Ltd. | 2.60% | 2.54% | -0.06% |
| Indusind Bank Ltd. | 2.83% | 2.77% | -0.06% |
| Max Financial Services Ltd. | 1.76% | 1.70% | -0.06% |
| NHPC Ltd. | 1.22% | 1.28% | +0.06% |
| NMDC Ltd. | 1.29% | 1.23% | -0.06% |
| Swiggy Ltd. | 1.69% | 1.75% | +0.06% |
| The Federal Bank Ltd. | 3.71% | 3.65% | -0.06% |
| Lupin Ltd. | 2.24% | 2.30% | +0.06% |
| Oil India Ltd. | 1.11% | 1.14% | +0.03% |
| FSN E-Commerce Ventures Ltd. | 2.02% | 2.04% | +0.02% |
| Yes Bank Ltd. | 1.69% | 1.71% | +0.02% |
| Waaree Energies Ltd. | 1.05% | 1.06% | +0.01% |
| Prestige Estates Projects Ltd. | 1.16% | 1.16% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹1,822 Cr | 1.03% | 1.6% | 6.0% | 13.2% |
 Motilal Oswal Nifty Midcap 150 Index Fund | ₹3,995 Cr | 1.12% | 1.1% | 5.7% | 13.1% |
 Nippon India Nifty Midcap 150 Index Fund | ₹2,675 Cr | 0.93% | 1.3% | 5.8% | 13.2% |
 SBI Nifty Midcap 150 Index Fund | ₹1,240 Cr | 0.91% | 1.4% | 5.8% | — |
 Axis Nifty Midcap 50 Index Fund | ₹732 Cr | 1.15% | 2.9% | 7.2% | — |
 Aditya Birla Sun Life Nifty Midcap 150 Index Fund | ₹469 Cr | 1.03% | 1.1% | 5.7% | 13.2% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index, subject to tracking errors.
Fund managers
- Abhishek BisenMr. Bisen is a BA and MBA in Finance.Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.
- Jeetu Valechha SonarMr. Sonar is a Post Graduate Diploma in Management in Finance managementPrior to joining Kotak AMC Limited, he has worked as institutional dealer with Kotak Securities Ltd. and is part of Kotak Group since 2014.
- Satish DondapatiMr. Dondapati has done MBA FinancePrior to joining Kotak Mutual fund he has worked with Centurian Bank Of Punjab, Bajaj Capital Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months−0.83% absolute | ₹60,000 | ₹59,502 | −0.83% | |
| 1 year2.25% annualised | ₹1,20,000 | ₹1,21,473 | 1.23% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Kotak Nifty Midcap 50 Index Fund?
The NAV of Kotak Nifty Midcap 50 Index Fund is ₹10.62 as on 6 Nov 2026.
What is the expense ratio of Kotak Nifty Midcap 50 Index Fund?
The expense ratio of Kotak Nifty Midcap 50 Index Fund is 1.08% per year.
What is the minimum SIP amount for Kotak Nifty Midcap 50 Index Fund?
You can start a SIP in Kotak Nifty Midcap 50 Index Fund with ₹3,000 a month.
Is there a lock-in or exit load on Kotak Nifty Midcap 50 Index Fund?
Lock-in: None. Exit load: 0%.
How risky is Kotak Nifty Midcap 50 Index Fund?
Kotak Nifty Midcap 50 Index Fund is rated Very High on the SEBI riskometer and belongs to the Mid Cap Index category.
Which fund house manages Kotak Nifty Midcap 50 Index Fund?
Kotak Nifty Midcap 50 Index Fund is managed by Kotak Mahindra Mutual Fund, which runs 97 schemes with ₹6,34,000 Cr under management.