Aditya Birla Sun Life Nifty Next 50 Index Fund vs Kotak Nifty Next 50 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Nifty Next 50 Index Fund is an Index fund and Kotak Nifty Next 50 Index Fund is an Index fund. In the 3 years to 30-10-2026, Aditya Birla Sun Life Nifty Next 50 Index Fund (Direct) returned 16.0% a year and Kotak Nifty Next 50 Index Fund (Direct) returned 16.2% a year. Aditya Birla Sun Life Nifty Next 50 Index Fund charges 0.49% a year and Kotak Nifty Next 50 Index Fund 0.29% (Direct plans). Their portfolios overlap 100.1%: they hold 50 of the same securities.
Aditya Birla Sun Life Nifty Next 50 Index Fund
Index
- 3 year return
- 16.0%
- Expense ratio
- 0.49%
- NAV
- ₹16.88
Kotak Nifty Next 50 Index Fund
Index
- 3 year return
- 16.2%
- Expense ratio
- 0.29%
- NAV
- ₹19.88
Which is better, Aditya Birla Sun Life Nifty Next 50 Index or Kotak Nifty Next 50 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Nifty Next 50 Index returned more over 3 years: 16.2% a year against 16.0%.
- Kotak Nifty Next 50 Index returned more over 1 year: −2.7% against −2.8%.
- Kotak Nifty Next 50 Index costs less: 0.29% a year against 0.49% (Direct plans).
- Kotak Nifty Next 50 Index swung less over 3 years: a standard deviation of 18.3% a year against 18.3%.
- Kotak Nifty Next 50 Index fell less in its worst fall since 21-02-2022: −26.3% against −26.7%.
- Kotak Nifty Next 50 Index is the larger fund: ₹1,289 Cr against ₹271 Cr.
- Their portfolios overlap 100.1%: 50 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 | Aditya Birla Sun Life Nifty Next 50 Index Fund | Kotak Nifty Next 50 Index Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Index | Index |
| AUM | ₹271 Cr (30-09-2026) | ₹1,289 Cr (30-09-2026) |
| NAV | ₹16.88 (Direct) | ₹19.88 (Direct) |
| Expense ratio (Direct) | 0.49% | 0.29% |
| Expense ratio (Regular) | 1.03% | 0.69% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Next 50 TRI | Nifty Next 50 TRI |
| Launch date | 18-02-2022 | 10-03-2021 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Priya Sridhar, Mehul Dama | Satish Dondapati, Jeetu Valechha Sonar |
| Exit load | NIL | Nil |
Aditya Birla Sun Life Nifty Next 50 Index vs Kotak Nifty Next 50 Index: 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 |
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Nifty Next 50 Index Fund (Direct) | −2.89% | −6.62% | −2.41% | −2.75% | +15.98% | -- | -- |
| Kotak Nifty Next 50 Index Fund (Direct) | −2.87% | −6.65% | −2.43% | −2.72% | +16.18% | +10.72% | -- |
Aditya Birla Sun Life Nifty Next 50 Index vs Kotak Nifty Next 50 Index: Year-wise Returns
| Year | Aditya Birla Sun LifeAditya Birla Sun Life Nifty Next 50 Index | KotakKotak Nifty Next 50 Index | Nifty Next 50 TRI |
|---|---|---|---|
| 2026to date | −1.71% | −1.72% | −1.53% |
| 2025 | +2.40% | +2.53% | +2.90% |
| 2024 | +27.54% | +28.05% | +28.37% |
| 2023 | +26.49% | +26.70% | +27.24% |
| 2022 | -- | +1.19% | +0.96% |
Aditya Birla Sun Life Nifty Next 50 Index vs Kotak Nifty Next 50 Index: Rolling Returns
Every holding period of both funds, against Nifty Next 50 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 415 of them, one for each trading day from 21-02-2025 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.
Aditya Birla Sun Life Nifty Next 50 Index Fund (Direct)
Kotak Nifty Next 50 Index Fund (Direct)
Nifty Next 50 TRI
to
Apr 2025Jul 2022
to
Jul 2025Nov 2022
to
Nov 2025Feb 2023
to
Feb 2026Jun 2023
to
Jun 2026Sept 2023
to
Sept 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Nifty Next 50 Index | 0.0 | 0.0 | 0.0 | 6.7 | 67.2 | 26.0 | 0.0 | 18.3% | 18.1% | 11.8% | 23.8% | 0% |
| Kotak Nifty Next 50 Index | 0.0 | 0.0 | 0.0 | 4.6 | 68.1 | 27.3 | 0.0 | 18.6% | 18.4% | 12.2% | 24.2% | 0% |
| Nifty Next 50 TRI | 0.0 | 0.0 | 0.0 | 4.3 | 62.9 | 32.8 | 0.0 | 19.0% | 18.8% | 12.4% | 24.5% | -- |
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 Nifty Next 50 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 21-02-2022. Past returns do not promise future returns.
Aditya Birla Sun Life Nifty Next 50 Index vs Kotak Nifty Next 50 Index: 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 21-02-2022 to 30-10-2026: 57 instalments, ₹5,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life Nifty Next 50 IndexAditya Birla Sun Life Nifty Next 50 Index Fund (Direct) | ₹5,70,000 | ₹7,24,619 | ₹1,54,619 | 10.1% |
| Kotak Nifty Next 50 IndexKotak Nifty Next 50 Index Fund (Direct) | ₹5,70,000 | ₹7,27,762 | ₹1,57,762 | 10.3% |
Aditya Birla Sun Life Nifty Next 50 IndexAditya Birla Sun Life Nifty Next 50 Index Fund (Direct)
Kotak Nifty Next 50 IndexKotak Nifty Next 50 Index 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.
Aditya Birla Sun Life Nifty Next 50 Index vs Kotak Nifty Next 50 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life Nifty Next 50 Index Fund (Direct) | Kotak Nifty Next 50 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.75% | −2.72% |
| Standard deviation | 17.39% | 17.37% |
| Sharpe ratio | -0.46 | -0.46 |
| Sortino ratio | -0.61 | -0.61 |
| Maximum drawdown | −14.4% (31-03-2026) | −14.4% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.25% | −0.23% |
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 | Aditya Birla Sun Life Nifty Next 50 Index Fund (Direct) | Kotak Nifty Next 50 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.98% | +16.18% |
| Standard deviation | 18.35% | 18.33% |
| Sharpe ratio | 0.54 | 0.55 |
| Sortino ratio | 0.73 | 0.74 |
| Maximum drawdown | −26.7% (28-02-2025) | −26.3% (28-02-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.53% | −0.33% |
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 | Aditya Birla Sun Life Nifty Next 50 Index Fund (Direct) | Kotak Nifty Next 50 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.19% | +13.61% |
| Standard deviation | 17.57% | 17.30% |
| Sharpe ratio | 0.36 | 0.47 |
| Sortino ratio | 0.47 | 0.62 |
| Maximum drawdown | −26.7% (28-02-2025) | −26.3% (28-02-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.52% | −0.31% |
From daily NAVs, 21-02-2022 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.
Aditya Birla Sun Life Nifty Next 50 Index Fund (Direct)
Kotak Nifty Next 50 Index Fund (Direct)
Nifty Next 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Nifty Next 50 Index Fund (Direct) | −26.7% | 27-09-2024 | 28-02-2025 | Not yet | -- | −12.1% |
| Kotak Nifty Next 50 Index Fund (Direct) | −26.3% | 27-09-2024 | 28-02-2025 | Not yet | -- | −11.7% |
| Nifty Next 50 TRI | −26.4% | 27-09-2024 | 28-02-2025 | Not yet | -- | −11.3% |
From daily values since 21-02-2022, 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.
Aditya Birla Sun Life Nifty Next 50 Index Fund (Direct)
Kotak Nifty Next 50 Index Fund (Direct)
Nifty Next 50 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.
Aditya Birla Sun Life Nifty Next 50 Index Fund (Direct)
Kotak Nifty Next 50 Index Fund (Direct)
Nifty Next 50 TRI
Against Nifty Next 50 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Aditya Birla Sun Life Nifty Next 50 Index Fund (Direct) | 99% | 101% | 0.14% |
| Kotak Nifty Next 50 Index Fund (Direct) | 99% | 100% | 0.22% |
From month-end values since 21-02-2022. 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.
Aditya Birla Sun Life Nifty Next 50 Index vs Kotak Nifty Next 50 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Nifty Next 50 Index Fund, September 2026; Kotak Nifty Next 50 Index Fund, September 2026
Holdings in common
- Overlap
- 100.1%
- Held by both
- 50
- Only in Aditya Birla Sun Life Nifty Next 50 Index
- 0
- Only in Kotak Nifty Next 50 Index
- 0
| Security | % of Aditya Birla Sun Life Nifty Next 50 Index | % of Kotak Nifty Next 50 Index |
|---|---|---|
| Divi's Laboratories Ltd. | 4.84% | 4.87% |
| TVS Motor Company Ltd. | 3.95% | 3.97% |
| Hindustan Aeronautics Ltd. | 3.63% | 3.65% |
| Tata Motors Ltd. | 3.62% | 3.63% |
| Adani Power Ltd. | 3.48% | 3.50% |
| Samvardhana Motherson International Ltd. | 2.96% | 2.97% |
| Torrent Pharmaceuticals Ltd. | 2.90% | 2.91% |
| Cholamandalam Investment & Finance Co. Ltd. | 2.88% | 2.90% |
| Vedanta Aluminium Metal Ltd. | 2.87% | 2.88% |
| Cummins India Ltd. | 2.64% | 2.65% |
| Avenue Supermarts Ltd. | 2.51% | 2.53% |
| Bharat Petroleum Corporation Ltd. | 2.50% | 2.51% |
| Tata Power Company Ltd. | 2.47% | 2.48% |
| Varun Beverages Ltd. | 2.42% | 2.43% |
| CG Power and Industrial Solutions Ltd. | 2.40% | 2.41% |
| Britannia Industries Ltd. | 2.33% | 2.34% |
| Indian Oil Corporation Ltd. | 2.07% | 2.08% |
| Solar Industries India Ltd. | 1.97% | 1.98% |
| Power Finance Corporation Ltd. | 1.94% | 1.95% |
| Bajaj Holdings & Investment Ltd. | 1.92% | 1.93% |
| HDFC Asset Management Co. Ltd. | 1.91% | 1.92% |
| GAIL (India) Ltd. | 1.89% | 1.90% |
| Vedanta Ltd. | 1.87% | 1.88% |
| Pidilite Industries Ltd. | 1.87% | 1.88% |
| DLF Ltd. | 1.77% | 1.78% |
| Wipro Ltd. | 1.76% | 1.77% |
| Polycab India Ltd. | 1.76% | 1.77% |
| Adani Energy Solutions Ltd. | 1.76% | 1.77% |
| Adani Green Energy Ltd. | 1.76% | 1.77% |
| Bank of Baroda | 1.75% | 1.76% |
| Jindal Steel Ltd. | 1.73% | 1.73% |
| Bosch Ltd. | 1.67% | 1.68% |
| Canara Bank | 1.65% | 1.65% |
| Hitachi Energy India Ltd. | 1.60% | 1.61% |
| Punjab National Bank | 1.60% | 1.60% |
| LTM Ltd. | 1.54% | 1.55% |
| Vodafone Idea Ltd. | 1.46% | 1.47% |
| ABB India Ltd. | 1.46% | 1.47% |
| Godrej Consumer Products Ltd. | 1.40% | 1.41% |
| Union Bank of India | 1.35% | 1.36% |
| Siemens Ltd. | 1.35% | 1.36% |
| Muthoot Finance Ltd. | 1.20% | 1.21% |
| Hyundai Motor India Ltd. | 1.18% | 1.19% |
| Zydus Lifesciences Ltd. | 1.18% | 1.19% |
| Siemens Energy India Ltd. | 1.16% | 1.17% |
| Hindustan Zinc Ltd. | 1.12% | 1.12% |
| Ambuja Cements Ltd. | 0.96% | 0.96% |
| TATA Capital Ltd. | 0.74% | 0.74% |
| Indian Railway Finance Corporation Ltd. | 0.73% | 0.73% |
| Mazagon Dock Shipbuilders Ltd. | 0.66% | 0.66% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 100.1% means 100.1% 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 Aditya Birla Sun Life Nifty Next 50 Index Fund
Every holding of this fund is also held by the other.
Largest holdings only in Kotak Nifty Next 50 Index Fund
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Nifty Next 50 Index | Kotak Nifty Next 50 Index |
|---|---|---|
| Equity | 100.1% | 100.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.1% | -0.6% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Nifty Next 50 Index | Kotak Nifty Next 50 Index |
|---|---|---|
| Large Cap | 95.5% | 95.9% |
| Mid Cap | 4.7% | 4.7% |
| Small Cap | 0.0% | 0.0% |
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 | Aditya Birla Sun Life Nifty Next 50 Index | Kotak Nifty Next 50 Index |
|---|---|---|
| Power | 9.5% | 9.5% |
| Finance | 9.4% | 9.5% |
| Pharmaceuticals and Biotechnology | 0.0% | 9.0% |
| Pharmaceuticals & Biotechnology | 8.9% | 0.0% |
| Electrical Equipment | 8.0% | 8.0% |
| Banks | 6.3% | 6.4% |
| Automobiles | 5.1% | 5.2% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Nifty Next 50 Index vs Kotak Nifty Next 50 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Nifty Next 50 Index Fund | Kotak Nifty Next 50 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.49% | 0.29% |
| Base expense ratio (Direct) | 0.30% | 0.08% |
| Total expense ratio (Regular) | 1.03% | 0.69% |
| Base expense ratio (Regular) | 0.76% | 0.42% |
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.
Aditya Birla Sun Life Nifty Next 50 Index Fund vs Kotak Nifty Next 50 Index Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Nifty Next 50 Index Fund and Kotak Nifty Next 50 Index Fund?
Aditya Birla Sun Life Nifty Next 50 Index Fund is an Index fund, Kotak Nifty Next 50 Index Fund is an Index fund, run by Aditya Birla Sun Life Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 100.1%. Aditya Birla Sun Life Nifty Next 50 Index Fund charges 0.49% a year and Kotak Nifty Next 50 Index Fund 0.29%.
Which has given higher returns, Aditya Birla Sun Life Nifty Next 50 Index Fund or Kotak Nifty Next 50 Index Fund?
Over 1 year: Aditya Birla Sun Life Nifty Next 50 Index Fund −2.75%, Kotak Nifty Next 50 Index Fund −2.72%. Over 3 years: Aditya Birla Sun Life Nifty Next 50 Index Fund +15.98% a year, Kotak Nifty Next 50 Index Fund +16.18% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life Nifty Next 50 Index Fund or Kotak Nifty Next 50 Index Fund?
Kotak Nifty Next 50 Index Fund charges less: 0.29% a year against 0.49%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Nifty Next 50 Index Fund and Kotak Nifty Next 50 Index Fund overlap?
100.1%. They hold 50 of the same securities, the largest shared ones being DIVISLAB, TVSMOTOR, HAL. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Nifty Next 50 Index Fund or Kotak Nifty Next 50 Index Fund?
On SEBI's riskometer, Aditya Birla Sun Life Nifty Next 50 Index Fund is rated Very High and Kotak Nifty Next 50 Index Fund Very High. Over 3 years, the standard deviation of daily returns was 18.35% and 18.33% a year.
Which is better for SIP, Aditya Birla Sun Life Nifty Next 50 Index Fund or Kotak Nifty Next 50 Index Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,91,266 in Aditya Birla Sun Life Nifty Next 50 Index Fund (XIRR 3.6% a year) and ₹3,92,223 in Kotak Nifty Next 50 Index Fund (XIRR 3.7% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life Nifty Next 50 Index Fund and Kotak Nifty Next 50 Index Fund?
Yes. 100.1% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Aditya Birla Sun Life Nifty Next 50 Index Fund and Kotak Nifty Next 50 Index Fund?
Aditya Birla Sun Life Nifty Next 50 Index Fund: Priya Sridhar, Mehul Dama. Kotak Nifty Next 50 Index Fund: Satish Dondapati, Jeetu Valechha Sonar.
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.