Investing in mutual funds has emerged as one of the most popular methods for stock market investments, offering substantial long-term wealth accumulation through the compounding effect. This effect, famously endorsed by renowned investor Warren Buffett, involves reinvesting initial returns to generate even higher returns over time.
Among the various mutual funds available, the Kotak Mid Cap Fund (Direct) stands out for its impressive performance since its launch on January 1, 2013.
Had an investor placed Rs 1 lakh in the Kotak Mid Cap Fund on its inception date, the investment would have grown to approximately Rs 11.48 lakh today, reflecting an annual return of around 21.13%.
The fund’s historical returns over different periods further illustrate its robust performance: Rs 1 lakh increa