DSP BSE Sensex Next 30 ETF vs Kotak NIFTY Alpha Low Volatility 30 Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
DSP BSE Sensex Next 30 ETF is an ETF fund and Kotak NIFTY Alpha Low Volatility 30 Index Fund is an Index fund. DSP BSE Sensex Next 30 ETF charges 0.21% a year and Kotak NIFTY Alpha Low Volatility 30 Index Fund 1.00%. Their portfolios overlap 39.2%: they hold 12 of the same securities.
Kotak NIFTY Alpha Low Volatility 30 Index Fund
Index
- Expense ratio
- 1.00%
- NAV
- ₹9.54
Which is better, DSP BSE Sensex Next 30 ETF or Kotak NIFTY Alpha Low Volatility 30 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- DSP BSE Sensex Next 30 ETF costs less: 0.21% a year against 1.00%.
- DSP BSE Sensex Next 30 ETF fell less in its worst fall since 22-06-2026: −12.1% against −12.4%.
- DSP BSE Sensex Next 30 ETF is the larger fund: ₹45 Cr against ₹7 Cr.
- Their portfolios overlap 39.2%: 12 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 | DSP BSE Sensex Next 30 ETF | Kotak NIFTY Alpha Low Volatility 30 Index Fund |
|---|---|---|
| Fund house | DSP Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | ETF | Index |
| AUM | ₹45 Cr (30-09-2026) | ₹7 Cr (30-09-2026) |
| NAV | ₹39.75 | ₹9.54 (Direct) |
| Expense ratio (Direct) | Not available | 1.00% |
| Expense ratio (Regular) | Not available | 1.58% |
| Riskometer | Very High | Very High |
| Benchmark | BSE SENSEX Next 30 TRI | Nifty Alpha Low -Volatility 30 TRI |
| Launch date | 30-01-2025 | 17-06-2026 |
| Minimum investment | ₹5,000 | ₹500 |
| Lock in | None | None |
| Fund managers | Anil Ghelani, Diipesh Shah, Neha Rathi | Satish Dondapati, Jeetu Valechha Sonar, Abhishek Bisen |
| Exit load | Nil | NIL |
DSP BSE Sensex Next 30 ETF vs Kotak NIFTY Alpha Low Volatility 30 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 |
|---|---|---|---|---|---|---|---|
| DSP BSE Sensex Next 30 ETF | −2.19% | −7.31% | −4.85% | −2.08% | -- | -- | -- |
| Kotak NIFTY Alpha Low Volatility 30 Index Fund (Direct) | −1.06% | −8.63% | -- | -- | -- | -- | -- |
DSP BSE Sensex Next 30 ETF vs Kotak NIFTY Alpha Low Volatility 30 Index: Year-wise Returns
| Year | DSP BSE Sensex Next 30 ETFDSP BSE Sensex Next 30 ETF | Kotak NIFTY Alpha Low Volatility 30 IndexKotak NIFTY Alpha Low Volatility 30 Index |
|---|---|---|
| 2026to date | −2.69% | -- |
DSP BSE Sensex Next 30 ETF vs Kotak NIFTY Alpha Low Volatility 30 Index: Rolling Returns
Every holding period of both funds, against BSE SENSEX NEXT 30 TRI, the benchmark of DSP BSE Sensex Next 30 ETF
DSP BSE Sensex Next 30 ETF vs Kotak NIFTY Alpha Low Volatility 30 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP BSE Sensex Next 30 ETF | Kotak NIFTY Alpha Low Volatility 30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.04% | −13.59% |
| Standard deviation | 14.99% | 10.46% |
| Sharpe ratio | 0.17 | -1.80 |
| Sortino ratio | 0.23 | -2.21 |
| Maximum drawdown | −12.1% (23-10-2026) | −12.4% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.21% | −0.50% |
From daily NAVs, 30-01-2025 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.
DSP BSE Sensex Next 30 ETF
Kotak NIFTY Alpha Low Volatility 30 Index Fund (Direct)
BSE SENSEX NEXT 30 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP BSE Sensex Next 30 ETF | −12.1% | 10-08-2026 | 23-10-2026 | Not yet | -- | −9.7% |
| Kotak NIFTY Alpha Low Volatility 30 Index Fund (Direct) | −12.4% | 03-08-2026 | 23-10-2026 | Not yet | -- | −10.2% |
| BSE SENSEX NEXT 30 TRI | −12.0% | 10-08-2026 | 23-10-2026 | Not yet | -- | −9.7% |
From daily values since 22-06-2026, the first day every fund has.
DSP BSE Sensex Next 30 ETF vs Kotak NIFTY Alpha Low Volatility 30 Index: Portfolio Overlap
From each fund's latest monthly portfolio: DSP BSE Sensex Next 30 ETF, September 2026; Kotak NIFTY Alpha Low Volatility 30 Index Fund, September 2026
Holdings in common
- Overlap
- 39.2%
- Held by both
- 12
- Only in DSP BSE Sensex Next 30 ETF
- 18
- Only in Kotak NIFTY Alpha Low Volatility 30 Index
- 18
| Security | % of DSP BSE Sensex Next 30 ETF | % of Kotak NIFTY Alpha Low Volatility 30 Index |
|---|---|---|
| Bajaj Auto Limited | 4.62% | 4.01% |
| Hindalco Industries Limited | 5.43% | 3.81% |
| Nestle India Limited | 3.75% | 3.72% |
| JSW Steel Limited | 4.79% | 3.62% |
| Grasim Industries Limited | 4.60% | 3.61% |
| Apollo Hospitals Enterprise Limited | 3.33% | 3.93% |
| TVS Motor Co Limited | 3.82% | 3.23% |
| SBI Life Insurance Co Limited | 3.06% | 3.54% |
| Coal India Limited | 4.08% | 3.05% |
| Eicher Motors Limited | 3.93% | 3.04% |
| Tata Consumer Products Limited | 2.45% | 2.49% |
| Britannia Industries Limited | 2.27% | 2.91% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 39.2% means 39.2% 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 DSP BSE Sensex Next 30 ETF
| Security | % of fund |
|---|---|
| Shriram Finance Limited | 5.47% |
| Divi's Laboratories Limited | 4.74% |
| Adani Enterprises Limited | 3.93% |
| Oil & Natural Gas Corporation Limited | 3.51% |
| Hindustan Aeronautics Limited | 3.49% |
Largest holdings only in Kotak NIFTY Alpha Low Volatility 30 Index Fund
| Security | % of fund |
|---|---|
| TORRENT PHARMACEUTICALS LTD. | 4.73% |
| NTPC LTD | 4.11% |
| MARICO LTD. | 3.99% |
| ICICI BANK LTD. | 3.78% |
| SUN PHARMACEUTICAL INDUSTRIES LTD. | 3.61% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | DSP BSE Sensex Next 30 ETF | Kotak NIFTY Alpha Low Volatility 30 Index |
|---|---|---|
| Equity | 100.0% | 100.1% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | -0.1% |
Market cap of stocks
| Market cap | DSP BSE Sensex Next 30 ETF | Kotak NIFTY Alpha Low Volatility 30 Index |
|---|---|---|
| Large Cap | 87.0% | 84.3% |
| Mid Cap | 12.9% | 15.8% |
| 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 | DSP BSE Sensex Next 30 ETF | Kotak NIFTY Alpha Low Volatility 30 Index |
|---|---|---|
| Automobiles | 17.4% | 12.8% |
| Pharmaceuticals and Biotechnology | 0.0% | 14.4% |
| Finance | 11.1% | 0.0% |
| Pharmaceuticals & Biotechnology | 10.8% | 0.0% |
| Banks | 0.0% | 10.5% |
| Food Products | 6.0% | 6.6% |
| Agricultural Food and other Product | 0.0% | 6.5% |
| Cement and Cement Products | 0.0% | 6.4% |
| Healthcare Services | 6.1% | 3.9% |
| Non - Ferrous Metals | 5.4% | 3.8% |
The six largest sectors of each fund's stocks, % of the fund.
DSP BSE Sensex Next 30 ETF vs Kotak NIFTY Alpha Low Volatility 30 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP BSE Sensex Next 30 ETF | Kotak NIFTY Alpha Low Volatility 30 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 1.00% |
| Base expense ratio (Direct) | 0.13% | 0.20% |
| Total expense ratio (Regular) | Not available | 1.58% |
| Base expense ratio (Regular) | 0.00% | 0.69% |
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.
DSP BSE Sensex Next 30 ETF vs Kotak NIFTY Alpha Low Volatility 30 Index Fund: Frequently Asked Questions
What is the difference between DSP BSE Sensex Next 30 ETF and Kotak NIFTY Alpha Low Volatility 30 Index Fund?
DSP BSE Sensex Next 30 ETF is an ETF fund, Kotak NIFTY Alpha Low Volatility 30 Index Fund is an Index fund, run by DSP Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 39.2%. DSP BSE Sensex Next 30 ETF charges 0.21% a year and Kotak NIFTY Alpha Low Volatility 30 Index Fund 1.00%.
Which has the lower expense ratio, DSP BSE Sensex Next 30 ETF or Kotak NIFTY Alpha Low Volatility 30 Index Fund?
DSP BSE Sensex Next 30 ETF charges less: 0.21% a year against 1.00%. These are the total expense ratios reported to AMFI.
How much do DSP BSE Sensex Next 30 ETF and Kotak NIFTY Alpha Low Volatility 30 Index Fund overlap?
39.2%. They hold 12 of the same securities, the largest shared ones being BAJAJ-AUTO, HINDALCO, NESTLEIND. From each fund's latest monthly portfolio.
Which is riskier, DSP BSE Sensex Next 30 ETF or Kotak NIFTY Alpha Low Volatility 30 Index Fund?
On SEBI's riskometer, DSP BSE Sensex Next 30 ETF is rated Very High and Kotak NIFTY Alpha Low Volatility 30 Index Fund Very High. Over their common history, the standard deviation of daily returns was 14.99% and 10.46% a year.
Can I invest in both DSP BSE Sensex Next 30 ETF and Kotak NIFTY Alpha Low Volatility 30 Index Fund?
Yes. 39.2% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages DSP BSE Sensex Next 30 ETF and Kotak NIFTY Alpha Low Volatility 30 Index Fund?
DSP BSE Sensex Next 30 ETF: Anil Ghelani, Diipesh Shah, Neha Rathi. Kotak NIFTY Alpha Low Volatility 30 Index Fund: Satish Dondapati, Jeetu Valechha Sonar, Abhishek Bisen.
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.