Axis Nifty500 Momentum 50 Index Fund vs Kotak Nifty500 Momentum 50 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Nifty500 Momentum 50 Index Fund is an Index fund and Kotak Nifty500 Momentum 50 Index Fund is an Index fund. Axis Nifty500 Momentum 50 Index Fund charges 0.58% a year and Kotak Nifty500 Momentum 50 Index Fund 0.68% (Direct plans). Their portfolios overlap 99.9%: they hold 50 of the same securities.
Axis Nifty500 Momentum 50 Index Fund
Index
- Expense ratio
- 0.58%
- NAV
- ₹10.66
Kotak Nifty500 Momentum 50 Index Fund
Index
- Expense ratio
- 0.68%
- NAV
- ₹9.75
Which is better, Axis Nifty500 Momentum 50 Index or Kotak Nifty500 Momentum 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.
- Axis Nifty500 Momentum 50 Index costs less: 0.58% a year against 0.68% (Direct plans).
- Axis Nifty500 Momentum 50 Index fell less in its worst fall since 18-12-2025: −14.3% against −14.4%.
- Axis Nifty500 Momentum 50 Index is the larger fund: ₹175 Cr against ₹27 Cr.
- Their portfolios overlap 99.9%: 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 | Axis Nifty500 Momentum 50 Index Fund | Kotak Nifty500 Momentum 50 Index Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Index | Index |
| AUM | ₹175 Cr (30-09-2026) | ₹27 Cr (30-09-2026) |
| NAV | ₹10.66 (Direct) | ₹9.75 (Direct) |
| Expense ratio (Direct) | 0.58% | 0.68% |
| Expense ratio (Regular) | 1.45% | 1.00% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 Momentum 50 TRI | Nifty 500 Momentum 50 TRI |
| Launch date | 13-02-2025 | 11-12-2025 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Nandik Malik, Rohit Gautam | Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar |
| Exit load | Exit load of 0.25%, if redeemed within 15 days. | NIL |
Axis Nifty500 Momentum 50 Index vs Kotak Nifty500 Momentum 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 |
|---|---|---|---|---|---|---|---|
| Axis Nifty500 Momentum 50 Index Fund (Direct) | −2.41% | −1.53% | −0.24% | −4.11% | -- | -- | -- |
| Kotak Nifty500 Momentum 50 Index Fund (Direct) | −2.40% | −1.52% | −0.23% | -- | -- | -- | -- |
Axis Nifty500 Momentum 50 Index vs Kotak Nifty500 Momentum 50 Index: Year-wise Returns
| Year | AxisAxis Nifty500 Momentum 50 Index | KotakKotak Nifty500 Momentum 50 Index | Nifty500 Momentum 50 TRI |
|---|---|---|---|
| 2026to date | −1.85% | −2.03% | −1.59% |
Axis Nifty500 Momentum 50 Index vs Kotak Nifty500 Momentum 50 Index: Rolling Returns
Every holding period of both funds, against Nifty500 Momentum 50 TRI, the benchmark of both
Axis Nifty500 Momentum 50 Index vs Kotak Nifty500 Momentum 50 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Nifty500 Momentum 50 Index Fund (Direct) | Kotak Nifty500 Momentum 50 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.78% | −2.21% |
| Standard deviation | 18.81% | 20.33% |
| Sharpe ratio | 0.02 | -0.37 |
| Sortino ratio | 0.02 | -0.50 |
| Maximum drawdown | −17.0% (23-03-2026) | −14.4% (23-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.51% | −0.69% |
From daily NAVs, 18-02-2025 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.
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.
Axis Nifty500 Momentum 50 Index Fund (Direct)
Kotak Nifty500 Momentum 50 Index Fund (Direct)
Nifty500 Momentum 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Nifty500 Momentum 50 Index Fund (Direct) | −14.3% | 23-12-2025 | 23-03-2026 | 07-05-2026 | 45 days | −8.0% |
| Kotak Nifty500 Momentum 50 Index Fund (Direct) | −14.4% | 23-12-2025 | 23-03-2026 | 07-05-2026 | 45 days | −8.0% |
| Nifty500 Momentum 50 TRI | −14.2% | 23-12-2025 | 23-03-2026 | 07-05-2026 | 45 days | −8.0% |
From daily values since 18-12-2025, the first day every fund has.
Axis Nifty500 Momentum 50 Index vs Kotak Nifty500 Momentum 50 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Nifty500 Momentum 50 Index Fund, September 2026; Kotak Nifty500 Momentum 50 Index Fund, September 2026
Holdings in common
- Overlap
- 99.9%
- Held by both
- 50
- Only in Axis Nifty500 Momentum 50 Index
- 0
- Only in Kotak Nifty500 Momentum 50 Index
- 0
| Security | % of Axis Nifty500 Momentum 50 Index | % of Kotak Nifty500 Momentum 50 Index |
|---|---|---|
| Laurus Labs Limited | 6.18% | 6.17% |
| Multi Commodity Exchange of India Limited | 5.87% | 5.86% |
| Shriram Finance Limited | 4.88% | 4.87% |
| Hindalco Industries Limited | 4.88% | 4.87% |
| Adani Power Limited | 4.49% | 4.48% |
| Cummins India Limited | 4.33% | 4.32% |
| GE Vernova T&D India Limited | 4.20% | 4.20% |
| BSE Limited | 4.02% | 4.02% |
| The Federal Bank Limited | 3.55% | 3.55% |
| Bharat Heavy Electricals Limited | 3.44% | 3.43% |
| Bharat Forge Limited | 3.02% | 3.01% |
| CG Power and Industrial Solutions Limited | 2.87% | 2.86% |
| Hitachi Energy India Limited | 2.74% | 2.74% |
| Torrent Pharmaceuticals Limited | 2.69% | 2.69% |
| Adani Energy Solutions Limited | 2.64% | 2.63% |
| National Aluminium Company Limited | 2.50% | 2.50% |
| Polycab India Limited | 2.34% | 2.34% |
| HFCL Limited | 2.33% | 2.32% |
| Welspun Corp Limited | 2.17% | 2.16% |
| Ather Energy Limited | 2.10% | 2.10% |
| Vodafone Idea Limited | 1.91% | 1.91% |
| ABB India Limited | 1.75% | 1.74% |
| Glenmark Pharmaceuticals Limited | 1.66% | 1.66% |
| Steel Authority of India Limited | 1.59% | 1.58% |
| Navin Fluorine International Limited | 1.58% | 1.58% |
| Acutaas Chemicals Limited | 1.48% | 1.47% |
| Apar Industries Limited | 1.46% | 1.46% |
| Kirloskar Oil Engines Limited | 1.46% | 1.45% |
| Karur Vysya Bank Limited | 1.35% | 1.34% |
| KEI Industries Limited | 1.34% | 1.34% |
| Aditya Birla Capital Limited | 1.28% | 1.27% |
| Anand Rathi Wealth Limited | 1.18% | 1.18% |
| Sai Life Sciences Limited | 1.03% | 1.03% |
| Hindustan Copper Limited | 0.93% | 0.93% |
| Thermax Limited | 0.88% | 0.88% |
| Bank of Maharashtra | 0.81% | 0.81% |
| Syrma SGS Technology Limited | 0.80% | 0.80% |
| Craftsman Automation Limited | 0.76% | 0.76% |
| The Great Eastern Shipping Company Limited | 0.75% | 0.75% |
| Granules India Limited | 0.69% | 0.69% |
| Finolex Cables Limited | 0.55% | 0.55% |
| NLC India Limited | 0.48% | 0.48% |
| Schneider Electric Infrastructure Limited | 0.48% | 0.48% |
| Netweb Technologies India Limited | 0.48% | 0.48% |
| Belrise Industries Ltd. | 0.47% | 0.47% |
| R R Kabel Limited | 0.44% | 0.44% |
| RBL Bank Limited | 0.44% | 0.44% |
| Aditya Birla Sun Life AMC Limited | 0.38% | 0.38% |
| Honasa Consumer Limited | 0.29% | 0.29% |
| Gujarat Mineral Development Corporation Limited | 0.18% | 0.18% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.9% means 99.9% 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 Axis Nifty500 Momentum 50 Index Fund
Every holding of this fund is also held by the other.
Largest holdings only in Kotak Nifty500 Momentum 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 | Axis Nifty500 Momentum 50 Index | Kotak Nifty500 Momentum 50 Index |
|---|---|---|
| Equity | 100.1% | 99.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.1% | 0.1% |
Market cap of stocks
| Market cap | Axis Nifty500 Momentum 50 Index | Kotak Nifty500 Momentum 50 Index |
|---|---|---|
| Large Cap | 43.0% | 42.9% |
| Mid Cap | 35.8% | 35.7% |
| Small Cap | 21.4% | 21.3% |
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 | Axis Nifty500 Momentum 50 Index | Kotak Nifty500 Momentum 50 Index |
|---|---|---|
| Electrical Equipment | 17.8% | 17.8% |
| Pharmaceuticals & Biotechnology | 13.7% | 0.0% |
| Pharmaceuticals and Biotechnology | 0.0% | 13.7% |
| Industrial Products | 12.6% | 12.6% |
| Capital Markets | 11.4% | 11.4% |
| Non - Ferrous Metals | 8.3% | 8.3% |
| Power | 7.6% | 7.6% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Nifty500 Momentum 50 Index vs Kotak Nifty500 Momentum 50 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Nifty500 Momentum 50 Index Fund | Kotak Nifty500 Momentum 50 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.58% | 0.68% |
| Base expense ratio (Direct) | 0.15% | 0.16% |
| Total expense ratio (Regular) | 1.45% | 1.00% |
| Base expense ratio (Regular) | 0.90% | 0.44% |
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.
Axis Nifty500 Momentum 50 Index Fund vs Kotak Nifty500 Momentum 50 Index Fund: Frequently Asked Questions
What is the difference between Axis Nifty500 Momentum 50 Index Fund and Kotak Nifty500 Momentum 50 Index Fund?
Axis Nifty500 Momentum 50 Index Fund is an Index fund, Kotak Nifty500 Momentum 50 Index Fund is an Index fund, run by Axis Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 99.9%. Axis Nifty500 Momentum 50 Index Fund charges 0.58% a year and Kotak Nifty500 Momentum 50 Index Fund 0.68%.
Which has the lower expense ratio, Axis Nifty500 Momentum 50 Index Fund or Kotak Nifty500 Momentum 50 Index Fund?
Axis Nifty500 Momentum 50 Index Fund charges less: 0.58% a year against 0.68%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Nifty500 Momentum 50 Index Fund and Kotak Nifty500 Momentum 50 Index Fund overlap?
99.9%. They hold 50 of the same securities, the largest shared ones being LAURUSLABS, MCX, SHRIRAMFIN. From each fund's latest monthly portfolio.
Which is riskier, Axis Nifty500 Momentum 50 Index Fund or Kotak Nifty500 Momentum 50 Index Fund?
On SEBI's riskometer, Axis Nifty500 Momentum 50 Index Fund is rated Very High and Kotak Nifty500 Momentum 50 Index Fund Very High. Over their common history, the standard deviation of daily returns was 18.81% and 20.33% a year.
Can I invest in both Axis Nifty500 Momentum 50 Index Fund and Kotak Nifty500 Momentum 50 Index Fund?
Yes. 99.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Axis Nifty500 Momentum 50 Index Fund and Kotak Nifty500 Momentum 50 Index Fund?
Axis Nifty500 Momentum 50 Index Fund: Nandik Malik, Rohit Gautam. Kotak Nifty500 Momentum 50 Index Fund: Satish Dondapati, Abhishek Bisen, 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.