DSP Nifty FMCG ETF vs Kotak Nifty MNC ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
DSP Nifty FMCG ETF is a mutual fund and Kotak Nifty MNC ETF is an ETF fund. DSP Nifty FMCG ETF charges 0.49% a year and Kotak Nifty MNC ETF 0.40%. Their portfolios overlap 30.7%: they hold 6 of the same securities.
Which is better, DSP Nifty FMCG ETF or Kotak Nifty MNC ETF? 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 MNC ETF costs less: 0.40% a year against 0.49%.
- DSP Nifty FMCG ETF fell less in its worst fall since 18-05-2026: −15.7% against −18.0%.
- DSP Nifty FMCG ETF holds more in large companies: 79.2% of the fund in large caps against 66.0%.
- Kotak Nifty MNC ETF is the larger fund: ₹45 Cr against ₹7 Cr.
- Their portfolios overlap 30.7%: 6 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 Nifty FMCG ETF | Kotak Nifty MNC ETF |
|---|---|---|
| Fund house | DSP Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Not available | ETF |
| AUM | ₹7 Cr (30-09-2026) | ₹45 Cr (30-09-2026) |
| NAV | ₹43.79 | ₹29.34 |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty MNC TRI |
| Launch date | Not available | 05-08-2022 |
| Minimum investment | Not available | Ongoing purchases directly from the Mutual Fund would be restricted to Market Makers and Large Investors provided the value of units to be purchased is in creation unit size or multiples thereof. Market Makers andLarge Investors may buy the units on any b |
| Lock in | Not available | None |
| Fund managers | Not available | Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar |
| Exit load | Not available | NIL |
DSP Nifty FMCG ETF vs Kotak Nifty MNC ETF: 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 Nifty FMCG ETF | −2.03% | −12.06% | -- | -- | -- | -- | -- |
| Kotak Nifty MNC ETF | −6.24% | −13.17% | −10.27% | −5.30% | +10.35% | -- | -- |
DSP Nifty FMCG ETF vs Kotak Nifty MNC ETF: Year-wise Returns
| Year | DSP Nifty FMCGDSP Nifty FMCG ETF | Kotak Nifty MNCKotak Nifty MNC ETF |
|---|---|---|
| 2026to date | -- | −6.18% |
| 2025 | -- | +10.28% |
| 2024 | -- | +16.17% |
| 2023 | -- | +23.70% |
DSP Nifty FMCG ETF vs Kotak Nifty MNC ETF: Rolling Returns
Every holding period of both funds, against Nifty FMCG TRI, the benchmark of DSP Nifty FMCG ETF
DSP Nifty FMCG ETF vs Kotak Nifty MNC ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP Nifty FMCG ETF | Kotak Nifty MNC ETF |
|---|---|---|
| Return (CAGR) | −28.14% | +10.39% |
| Standard deviation | 14.89% | 13.03% |
| Sharpe ratio | -2.25 | 0.32 |
| Sortino ratio | -2.90 | 0.44 |
| Maximum drawdown | −15.7% (23-10-2026) | −23.6% (28-02-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.22% | −0.38% |
From daily NAVs, 18-05-2026 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 Nifty FMCG ETF
Kotak Nifty MNC ETF
Nifty FMCG TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP Nifty FMCG ETF | −15.7% | 18-05-2026 | 23-10-2026 | Not yet | -- | −13.9% |
| Kotak Nifty MNC ETF | −18.0% | 10-08-2026 | 23-10-2026 | Not yet | -- | −16.1% |
| Nifty FMCG TRI | −15.7% | 18-05-2026 | 23-10-2026 | Not yet | -- | −13.8% |
From daily values since 18-05-2026, the first day every fund has.
DSP Nifty FMCG ETF vs Kotak Nifty MNC ETF: Portfolio Overlap
From each fund's latest monthly portfolio: DSP Nifty FMCG ETF, September 2026; Kotak Nifty MNC ETF, September 2026
Holdings in common
- Overlap
- 30.7%
- Held by both
- 6
- Only in DSP Nifty FMCG ETF
- 9
- Only in Kotak Nifty MNC ETF
- 24
| Security | % of DSP Nifty FMCG ETF | % of Kotak Nifty MNC ETF |
|---|---|---|
| Hindustan Unilever Limited | 18.18% | 9.95% |
| Nestle India Limited | 10.24% | 8.78% |
| Britannia Industries Limited | 6.20% | 5.32% |
| United Spirits Limited | 4.36% | 3.74% |
| Colgate Palmolive (India) Limited | 2.53% | 2.17% |
| United Breweries Limited | 0.91% | 0.78% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 30.7% means 30.7% 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 Nifty FMCG ETF
| Security | % of fund |
|---|---|
| ITC Limited | 27.62% |
| Tata Consumer Products Limited | 6.74% |
| Varun Beverages Limited | 6.44% |
| Marico Limited | 4.54% |
| Godrej Consumer Products Limited | 3.73% |
Largest holdings only in Kotak Nifty MNC ETF
| Security | % of fund |
|---|---|
| Maruti Suzuki India Limited | 10.21% |
| VEDANTA ALUMINIUM METAL LTD | 6.54% |
| Cummins India Ltd. | 6.01% |
| VEDANTA LTD. | 4.26% |
| Ashok Leyland Ltd. | 4.12% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | DSP Nifty FMCG ETF | Kotak Nifty MNC ETF |
|---|---|---|
| Equity | 99.9% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | 0.0% |
Market cap of stocks
| Market cap | DSP Nifty FMCG ETF | Kotak Nifty MNC ETF |
|---|---|---|
| Large Cap | 79.2% | 66.0% |
| Mid Cap | 20.7% | 28.0% |
| Small Cap | 0.0% | 6.0% |
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 Nifty FMCG ETF | Kotak Nifty MNC ETF |
|---|---|---|
| Diversified FMCG | 45.8% | 9.9% |
| Food Products | 16.4% | 14.1% |
| Beverages | 15.4% | 4.5% |
| Automobiles | 0.0% | 12.9% |
| Electrical Equipment | 0.0% | 12.7% |
| Agricultural Food & Other Products | 11.3% | 0.0% |
| Personal Products | 8.7% | 2.2% |
| Industrial Products | 0.0% | 7.1% |
| Non - Ferrous Metals | 0.0% | 6.5% |
| Agricultural Food & other Products | 1.4% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
DSP Nifty FMCG ETF vs Kotak Nifty MNC ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP Nifty FMCG ETF | Kotak Nifty MNC ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.15% | 0.00% |
| Base expense ratio (Regular) | 0.00% | 0.25% |
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 Nifty FMCG ETF vs Kotak Nifty MNC ETF: Frequently Asked Questions
What is the difference between DSP Nifty FMCG ETF and Kotak Nifty MNC ETF?
DSP Nifty FMCG ETF is a mutual fund, Kotak Nifty MNC ETF is an ETF fund, run by DSP Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 30.7%. DSP Nifty FMCG ETF charges 0.49% a year and Kotak Nifty MNC ETF 0.40%.
Which has the lower expense ratio, DSP Nifty FMCG ETF or Kotak Nifty MNC ETF?
Kotak Nifty MNC ETF charges less: 0.40% a year against 0.49%. These are the total expense ratios reported to AMFI.
How much do DSP Nifty FMCG ETF and Kotak Nifty MNC ETF overlap?
30.7%. They hold 6 of the same securities, the largest shared ones being HINDUNILVR, NESTLEIND, BRITANNIA. From each fund's latest monthly portfolio.
Can I invest in both DSP Nifty FMCG ETF and Kotak Nifty MNC ETF?
Yes. 30.7% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.