Two funds walk into a table. Only the numbers talk.
Kotak Mid Cap Fund vs Invesco India Mid Cap Fund
Pick two or three funds. We’ll tell you in plain words which grew faster, which was calmer, which costs less and what your money would have become. Figures are for the Direct plan, Growth option, where a fund has one.
- AKotak Mid Cap Fund
Kotak Mahindra Mutual Fund- Mid Cap Fund
- Direct plan
- Very High Risk
NAV ₹165.97 on 13 Nov 2026
- BInvesco India Mid Cap Fund
Invesco Mutual Fund- Mid Cap Fund
- Direct plan
- Very High Risk
NAV ₹247.4 on 13 Nov 2026
The short version
Who comes out ahead on each measure, over the 10 years all of them have been around.
Grew faster
BInvesco India Mid Cap Fund
Invesco India Mid Cap Fund returned 20.2% a year over 10 years, against 17.9% for Kotak Mid Cap Fund. ₹1 lakh invested 10 years ago would be about ₹6.3 Lakh today, against ₹5.17 Lakh.
Smoother ride
AKotak Mid Cap Fund
Kotak Mid Cap Fund swung the least: about 16.3% a year either way, against 17.4% for Invesco India Mid Cap Fund. Lower means fewer scary days.
Fell less in a crash
BInvesco India Mid Cap Fund
At its worst, Invesco India Mid Cap Fund fell 34.1% from its peak, against 36% for Kotak Mid Cap Fund. On ₹1 lakh, that's a dip to ₹64,029 at the bottom for Kotak Mid Cap Fund. Could you have held on?
Costs less
AKotak Mid Cap Fund
Kotak Mid Cap Fund charges 0.54% a year, against 0.76% for Invesco India Mid Cap Fund. On ₹1 lakh that's ₹540 a year against ₹760, taken quietly from the NAV.
What your money would have become
The same amount, put into each fund on the same day.
The dashed line is the ₹10,000 you put in. Above it is profit, below it is loss.
- AKotak Mid Cap Fund₹20,409 from ₹10,000(15.4% a year)
- BInvesco India Mid Cap Fund₹24,127 from ₹10,000(19.3% a year)
A one-time ₹10,000 put in 5 years ago, valued at the latest NAV. This is what happened, not what will.
Strengths and watch-outs
Each fund judged against its own category, and against a 5-year SBI FD at 6.05%.
AKotak Mid Cap Fund
- Strength: Ahead of its category: 15.1% a year over 5 years, against a category average of 14%
- Strength: Beat a 5-year SBI FD: 15.1% a year over 5 years, against 6.05%
- Watch out: Fell harder than its category in the worst crash
BInvesco India Mid Cap Fund
- Strength: Ahead of its category: 18.8% a year over 5 years, against a category average of 14%
- Strength: In the top quarter of its category over 5 years (#1 of 21)
- Strength: Beat a 5-year SBI FD: 18.8% a year over 5 years, against 6.05%
- Watch out: Fell harder than its category in the worst crash
All the numbers
The stronger figure in each row is marked Best. Under each return is the fund’s rank in its category and the category average.
| Measure | AKotak Mid Cap Fund | BInvesco India Mid Cap Fund |
|---|---|---|
| ReturnsHow much the fund grew. Beyond a year, this is per year (annualised). | ||
| 1 yearLast 12 months, the most noisy figure | 3.5%#24 of 30 · avg 6.2% | 10.9%Best#2 of 30 · avg 6.2% |
| 3 yearsPer year, over a full market mood swing | 16.2%#16 of 28 · avg 16.3% | 24%Best#1 of 28 · avg 16.3% |
| 5 yearsPer year, the fairest single test | 15.1%#8 of 21 · avg 14% | 18.8%Best#1 of 21 · avg 14% |
| 10 yearsPer year, across bull and bear markets | 17.9%#5 of 16 · avg 16.5% | 20.2%Best#1 of 16 · avg 16.5% |
| RiskHow bumpy the ride was. This is what decides whether you stay invested. | ||
| Ups and downsVolatility: how far it swings in a typical year. Lower is calmer | 16.3%Bestcategory avg 16.4% | 17.4%category avg 16.4% |
| Worst fallThe biggest drop from a peak in 10 years. Lower is better | −36%category avg −29.4% | −34.1%Bestcategory avg −29.4% |
| Best 12 monthsIts strongest year | 105.9%Best | 92.5% |
| Worst 12 monthsIts weakest year | -25.7% | -23.2%Best |
| Odds of a gainShare of all 1-year holding periods that ended in profit | 86% | 88%Best |
| Cost and sizeThe fee comes out of your returns every year, whether the fund does well or not. | ||
| Expense ratioYearly fee. Lower keeps more for you | 0.54%Best | 0.76% |
| Fund sizeMoney managed (AUM). Neither better nor worse | ₹66,613 Cr | ₹15,749 Cr |
| Minimum SIPSmallest monthly amount | ₹100 | ₹100 |
| Lock-inTime before you can withdraw | None | None |
“Best” is not a recommendation: a fund that returned more usually took more risk to do it.
Which one fits you?
There is no best fund, only a better fit for what you need the money to do.
AKotak Mid Cap Fund
Might suit you if…
- a smoother ride matters more to you than the top return
- you care about keeping costs low, which adds up over decades
BInvesco India Mid Cap Fund
Might suit you if…
- you want the stronger long-run growth and can sit through sharper falls
- a smoother ride matters more to you than the top return