Canara Robeco Mid Cap Fund vs Kotak Mid Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Canara Robeco Mid Cap Fund and Kotak Mid Cap Fund are both Mid Cap funds. In the 3 years to 30-10-2026, Canara Robeco Mid Cap Fund (Direct) returned 15.4% a year and Kotak Mid Cap Fund (Direct) returned 15.0% a year. Canara Robeco Mid Cap Fund charges 0.91% a year and Kotak Mid Cap Fund 0.55% (Direct plans). Their portfolios overlap 35.0%: they hold 28 of the same securities.
Canara Robeco Mid Cap Fund
Mid Cap
- 3 year return
- 15.4%
- Expense ratio
- 0.91%
- NAV
- ₹18.04
Which is better, Canara Robeco Mid Cap or Kotak Mid Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Canara Robeco Mid Cap returned more over 3 years: 15.4% a year against 15.0%.
- Canara Robeco Mid Cap returned more over 1 year: −2.4% against −4.5%.
- Kotak Mid Cap costs less: 0.55% a year against 0.91% (Direct plans).
- Kotak Mid Cap swung less over 3 years: a standard deviation of 16.0% a year against 16.3%.
- Kotak Mid Cap fell less in its worst fall since 06-12-2022: −20.9% against −21.2%.
- Kotak Mid Cap is the larger fund: ₹66,613 Cr against ₹4,993 Cr.
- Their portfolios overlap 35.0%: 28 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Canara Robeco Mid Cap Fund | Kotak Mid Cap Fund |
|---|---|---|
| Fund house | Canara Robeco Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Mid Cap | Mid Cap |
| AUM | ₹4,993 Cr (30-09-2026) | ₹66,613 Cr (30-09-2026) |
| NAV | ₹18.04 (Direct) | ₹155.01 (Direct) |
| Expense ratio (Direct) | 0.91% | 0.55% |
| Expense ratio (Regular) | 2.13% | 1.51% |
| Riskometer | Very High | Very High |
| Benchmark | BSE Midcap 150 TRI | Nifty Midcap 150 TRI |
| Launch date | 02-12-2022 | 30-03-2007 |
| Minimum investment | ₹5,000 | ₹100 |
| Lock in | None | None |
| Fund managers | Pranav Gokhale / Mr. Shridatta Bhandwaldar | Atul Bhole |
| Exit load | In respect of each purchase / switch-in of units,1% - if Units are redeemed / switched-out within 365 days from the date of allotment. Nil – if redeemed / switched out after 365 days from the date of allotment. | Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Canara Robeco Mid Cap vs Kotak Mid Cap: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Canara Robeco Mid Cap Fund (Direct) | −3.63% | −5.65% | +0.22% | −2.43% | +15.43% | -- | -- |
| Kotak Mid Cap Fund (Direct) | −3.71% | −8.87% | −3.43% | −4.47% | +14.97% | +14.46% | +16.42% |
| Mid Cap average | −3.36% | −6.03% | −0.14% | −2.17% | +14.75% | +12.95% | +14.07% |
Category average: the average of the 34 Mid Cap funds, same plan type.
Canara Robeco Mid Cap vs Kotak Mid Cap: Year-wise Returns
| Year | Canara RobecoCanara Robeco Mid Cap | KotakKotak Mid Cap |
|---|---|---|
| 2026to date | −0.17% | −2.41% |
| 2025 | +5.73% | +2.89% |
| 2024 | +28.98% | +35.02% |
| 2023 | +33.70% | +33.02% |
| 2022 | -- | +6.44% |
| 2021 | -- | +49.17% |
Canara Robeco Mid Cap vs Kotak Mid Cap: Rolling Returns
Every holding period of both funds, against BSE 150 MidCap Index TRI, the benchmark of Canara Robeco Mid Cap Fund
Rolling returns
Every 3-year holding period, 220 of them, one for each trading day from 08-12-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Canara Robeco Mid Cap Fund (Direct)
Kotak Mid Cap Fund (Direct)
BSE 150 MidCap Index TRI
to
Jan 2026Feb 2023
to
Feb 2026Apr 2023
to
Apr 2026Jun 2023
to
Jun 2026Aug 2023
to
Aug 2026Oct 2023
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Canara Robeco Mid Cap | 0.0 | 0.0 | 0.0 | 0.9 | 43.6 | 55.5 | 0.0 | 20.1% | 20.2% | 14.3% | 23.3% | 39% |
| Kotak Mid Cap | 0.0 | 0.0 | 0.0 | 2.7 | 21.4 | 75.9 | 0.0 | 20.7% | 21.2% | 13.8% | 24.1% | 62% |
| BSE 150 MidCap Index TRI | 0.0 | 0.0 | 0.0 | 12.7 | 30.9 | 55.9 | 0.5 | 20.0% | 20.5% | 12.4% | 25.0% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is BSE 150 MidCap Index TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 06-12-2022. Past returns do not promise future returns.
Canara Robeco Mid Cap vs Kotak Mid Cap: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 06-12-2022 to 30-10-2026: 47 instalments, ₹4,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Canara Robeco Mid CapCanara Robeco Mid Cap Fund (Direct) | ₹4,70,000 | ₹5,84,600 | ₹1,14,600 | 11.2% |
| Kotak Mid CapKotak Mid Cap Fund (Direct) | ₹4,70,000 | ₹5,76,585 | ₹1,06,585 | 10.4% |
Canara Robeco Mid CapCanara Robeco Mid Cap Fund (Direct)
Kotak Mid CapKotak Mid Cap Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Canara Robeco Mid Cap vs Kotak Mid Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Canara Robeco Mid Cap Fund (Direct) | Kotak Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.43% | −4.47% |
| Standard deviation | 16.46% | 16.19% |
| Sharpe ratio | -0.47 | -0.60 |
| Sortino ratio | -0.63 | -0.81 |
| Maximum drawdown | −13.6% (23-03-2026) | −13.4% (23-10-2026) |
| Beta | 0.98 | 0.95 |
| Alpha | +2.55% | −0.57% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Canara Robeco Mid Cap Fund (Direct) | Kotak Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.43% | +14.97% |
| Standard deviation | 16.28% | 16.04% |
| Sharpe ratio | 0.58 | 0.56 |
| Sortino ratio | 0.79 | 0.75 |
| Maximum drawdown | −21.2% (28-02-2025) | −20.9% (28-02-2025) |
| Beta | 0.92 | 0.91 |
| Alpha | +2.50% | +1.87% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Canara Robeco Mid Cap Fund (Direct) | Kotak Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +16.31% | +18.97% |
| Standard deviation | 14.89% | 15.17% |
| Sharpe ratio | 0.68 | 0.85 |
| Sortino ratio | 0.93 | 1.14 |
| Maximum drawdown | −21.2% (28-02-2025) | −36.0% (24-03-2020) |
| Beta | 0.89 | -- |
| Alpha | +2.18% | -- |
From daily NAVs, 06-12-2022 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Canara Robeco Mid Cap Fund (Direct)
Kotak Mid Cap Fund (Direct)
BSE 150 MidCap Index TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Canara Robeco Mid Cap Fund (Direct) | −21.2% | 24-09-2024 | 28-02-2025 | 20-08-2025 | 6 months | −9.1% |
| Kotak Mid Cap Fund (Direct) | −20.9% | 16-12-2024 | 28-02-2025 | 16-07-2025 | 5 months | −11.0% |
| BSE 150 MidCap Index TRI | −21.8% | 24-09-2024 | 28-02-2025 | 10-07-2026 | 16 months | −10.6% |
From daily values since 06-12-2022, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Canara Robeco Mid Cap Fund (Direct)
Kotak Mid Cap Fund (Direct)
BSE 150 MidCap Index TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Canara Robeco Mid Cap Fund (Direct)
Kotak Mid Cap Fund (Direct)
BSE 150 MidCap Index TRI
Against BSE 150 MidCap Index TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Canara Robeco Mid Cap Fund (Direct) | 93% | 83% | 4.49% |
| Kotak Mid Cap Fund (Direct) | 96% | 90% | 5.43% |
From month-end values since 06-12-2022. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Canara Robeco Mid Cap vs Kotak Mid Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Canara Robeco Mid Cap Fund, September 2026; Kotak Mid Cap Fund, September 2026
Holdings in common
- Overlap
- 35.0%
- Held by both
- 28
- Only in Canara Robeco Mid Cap
- 32
- Only in Kotak Mid Cap
- 43
| Security | % of Canara Robeco Mid Cap | % of Kotak Mid Cap |
|---|---|---|
| Bank Of Maharashtra | 2.24% | 2.16% |
| Global Health Ltd | 2.56% | 1.82% |
| L&T Finance Ltd | 1.80% | 2.72% |
| Vishal Mega Mart Ltd | 1.75% | 3.04% |
| Eternal Ltd | 2.43% | 1.72% |
| Ge Vernova T&D India Ltd | 1.69% | 2.45% |
| Persistent Systems Ltd | 2.18% | 1.60% |
| Solar Industries India Ltd | 1.59% | 2.41% |
| SRF Ltd | 1.72% | 1.51% |
| Swiggy Ltd | 1.48% | 1.55% |
| Billionbrains Garage Ventures Ltd | 1.77% | 1.41% |
| Apar Industries Ltd | 1.96% | 1.34% |
| Dixon Technologies (India) Ltd | 1.33% | 2.87% |
| KEI Industries Ltd | 1.25% | 2.45% |
| Hindustan Petroleum Corporation Ltd | 1.81% | 1.22% |
| Max Financial Services Ltd | 2.13% | 1.18% |
| Dalmia Bharat Ltd | 1.09% | 1.17% |
| J.K. Cement Ltd | 1.32% | 1.08% |
| Biocon Ltd | 1.48% | 1.03% |
| Max Healthcare Institute Ltd | 1.59% | 1.01% |
| MRF Ltd | 0.93% | 0.92% |
| Uno Minda Ltd | 1.34% | 0.87% |
| Bharti Hexacom Ltd | 0.87% | 2.00% |
| Bharat Forge Ltd | 0.86% | 1.22% |
| Lenskart Solutions Ltd | 3.01% | 0.84% |
| Schaeffler India Ltd | 0.79% | 2.36% |
| Blue Star Ltd | 0.45% | 1.25% |
| Federal Bank Ltd | 0.32% | 2.62% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 35.0% means 35.0% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Canara Robeco Mid Cap Fund
| Security | % of fund |
|---|---|
| Multi Commodity Exchange Of India Ltd | 3.19% |
| Bharat Heavy Electricals Ltd | 2.68% |
| One 97 Communications Ltd | 2.45% |
| Premier Energies Ltd | 2.28% |
| Meesho Ltd | 2.20% |
Largest holdings only in Kotak Mid Cap Fund
| Security | % of fund |
|---|---|
| IPCA Laboratories Ltd. | 3.57% |
| Fortis Healthcare India Ltd | 3.49% |
| Mphasis Ltd | 2.57% |
| INDIAN BANK | 2.24% |
| Oberoi Realty Limited | 2.11% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Canara Robeco Mid Cap | Kotak Mid Cap |
|---|---|---|
| Equity | 97.5% | 98.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.5% | 1.4% |
Market cap of stocks
| Market cap | Canara Robeco Mid Cap | Kotak Mid Cap |
|---|---|---|
| Large Cap | 17.1% | 13.5% |
| Mid Cap | 69.7% | 66.5% |
| Small Cap | 8.7% | 17.8% |
| Not on AMFI's list | 2.0% | 0.8% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Canara Robeco Mid Cap | Kotak Mid Cap |
|---|---|---|
| Retailing | 12.4% | 7.2% |
| Electrical Equipment | 10.1% | 4.6% |
| Finance | 4.0% | 10.1% |
| Pharmaceuticals and Biotechnology | 0.0% | 9.6% |
| Healthcare Services | 4.2% | 8.7% |
| Capital Markets | 8.5% | 5.4% |
| Banks | 5.7% | 7.6% |
| Auto Components | 3.9% | 7.0% |
| Chemicals & Petrochemicals | 5.6% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Canara Robeco Mid Cap vs Kotak Mid Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Canara Robeco Mid Cap Fund | Kotak Mid Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.91% | 0.55% |
| Base expense ratio (Direct) | 0.55% | 0.36% |
| Total expense ratio (Regular) | 2.13% | 1.51% |
| Base expense ratio (Regular) | 1.61% | 1.17% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Canara Robeco Mid Cap with
Canara Robeco Mid Cap Fund vs Kotak Mid Cap Fund: Frequently Asked Questions
What is the difference between Canara Robeco Mid Cap Fund and Kotak Mid Cap Fund?
Both are Mid Cap funds, run by Canara Robeco Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 35.0%. Canara Robeco Mid Cap Fund charges 0.91% a year and Kotak Mid Cap Fund 0.55%.
Which has given higher returns, Canara Robeco Mid Cap Fund or Kotak Mid Cap Fund?
Over 1 year: Canara Robeco Mid Cap Fund −2.43%, Kotak Mid Cap Fund −4.47%. Over 3 years: Canara Robeco Mid Cap Fund +15.43% a year, Kotak Mid Cap Fund +14.97% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Canara Robeco Mid Cap Fund or Kotak Mid Cap Fund?
Kotak Mid Cap Fund charges less: 0.55% a year against 0.91%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Canara Robeco Mid Cap Fund and Kotak Mid Cap Fund overlap?
35.0%. They hold 28 of the same securities, the largest shared ones being MAHABANK, MEDANTA, LTF. From each fund's latest monthly portfolio.
Which is riskier, Canara Robeco Mid Cap Fund or Kotak Mid Cap Fund?
On SEBI's riskometer, Canara Robeco Mid Cap Fund is rated Very High and Kotak Mid Cap Fund Very High. Over 3 years, the standard deviation of daily returns was 16.28% and 16.04% a year.
Which is better for SIP, Canara Robeco Mid Cap Fund or Kotak Mid Cap Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹4,10,398 in Canara Robeco Mid Cap Fund (XIRR 6.7% a year) and ₹4,04,063 in Kotak Mid Cap Fund (XIRR 5.7% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Canara Robeco Mid Cap Fund and Kotak Mid Cap Fund?
Yes. 35.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Canara Robeco Mid Cap Fund and Kotak Mid Cap Fund?
Canara Robeco Mid Cap Fund: Pranav Gokhale / Mr. Shridatta Bhandwaldar. Kotak Mid Cap Fund: Atul Bhole.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.