Kotak Midcap Fund: ₹10,000 SIP Grows to ₹1.59 Crore in 19 Years

• A monthly SIP of ₹10,000 in Kotak Midcap Fund accumulated ₹1.59 crore over 19 years.
• The fund, formerly Kotak Emerging Equity Fund, achieved over 20% CAGR since inception.
• It manages ₹61,694 crore in assets, overseen by fund manager Atul Bhole.
• The scheme uses a bottom-up stock selection, focusing on mid-cap companies with growth visibility and strong fundamentals.
• Analysts caution that past performance doesn't guarantee future returns, especially in volatile mid-cap funds.