DSP Nifty Smallcap250 Quality 50 Index Fund vs Kotak Nifty Smallcap 50 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
DSP Nifty Smallcap250 Quality 50 Index Fund is an Index fund and Kotak Nifty Smallcap 50 Index Fund is an Index fund. In the year to 30-10-2026, DSP Nifty Smallcap250 Quality 50 Index Fund (Direct) returned −13.1% and Kotak Nifty Smallcap 50 Index Fund (Direct) returned 4.7%. DSP Nifty Smallcap250 Quality 50 Index Fund charges 0.38% a year and Kotak Nifty Smallcap 50 Index Fund 0.48% (Direct plans). Their portfolios overlap 25.9%: they hold 13 of the same securities.
DSP Nifty Smallcap250 Quality 50 Index Fund
Index
- 1 year return
- −13.1%
- Expense ratio
- 0.38%
- NAV
- ₹10.28
Kotak Nifty Smallcap 50 Index Fund
Index
- 1 year return
- 4.7%
- Expense ratio
- 0.48%
- NAV
- ₹21.76
Which is better, DSP Nifty Smallcap250 Quality 50 Index or Kotak Nifty Smallcap 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 Smallcap 50 Index returned more over 1 year: 4.7% against −13.1%.
- DSP Nifty Smallcap250 Quality 50 Index costs less: 0.38% a year against 0.48% (Direct plans).
- Kotak Nifty Smallcap 50 Index fell less in its worst fall since 26-12-2023: −25.0% against −30.7%.
- DSP Nifty Smallcap250 Quality 50 Index is the larger fund: ₹302 Cr against ₹260 Cr.
- Their portfolios overlap 25.9%: 13 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 Smallcap250 Quality 50 Index Fund | Kotak Nifty Smallcap 50 Index Fund |
|---|---|---|
| Fund house | DSP Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Index | Index |
| AUM | ₹302 Cr (30-09-2026) | ₹260 Cr (30-09-2026) |
| NAV | ₹10.28 (Direct) | ₹21.76 (Direct) |
| Expense ratio (Direct) | 0.38% | 0.48% |
| Expense ratio (Regular) | 1.14% | 1.06% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Smallcap250 Quality 50 TRI | NIFTY Smallcap 50 TRI |
| Launch date | 26-12-2023 | 10-04-2023 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Anil Ghelani, Diipesh Shah, Neha Rathi | Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar |
| Exit load | Nil | Nil |
DSP Nifty Smallcap250 Quality 50 Index vs Kotak Nifty Smallcap 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 |
|---|---|---|---|---|---|---|---|
| DSP Nifty Smallcap250 Quality 50 Index Fund (Direct) | −5.41% | −8.39% | −5.77% | −13.06% | -- | -- | -- |
| Kotak Nifty Smallcap 50 Index Fund (Direct) | −2.98% | −2.95% | +6.18% | +4.73% | +16.80% | -- | -- |
DSP Nifty Smallcap250 Quality 50 Index vs Kotak Nifty Smallcap 50 Index: Year-wise Returns
| Year | DSP Nifty Smallcap250 QualityDSP Nifty Smallcap250 Quality 50 Index | Kotak Nifty SmallcapKotak Nifty Smallcap 50 Index |
|---|---|---|
| 2026to date | −8.59% | +8.11% |
| 2025 | −11.72% | −3.51% |
| 2024 | +26.34% | +24.94% |
DSP Nifty Smallcap250 Quality 50 Index vs Kotak Nifty Smallcap 50 Index: Rolling Returns
Every holding period of both funds, against Nifty Smallcap250 Quality 50 TRI, the benchmark of DSP Nifty Smallcap250 Quality 50 Index Fund
Rolling returns
Every 1-year holding period, 455 of them, one for each trading day from 26-12-2024 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.
DSP Nifty Smallcap250 Quality 50 Index Fund (Direct)
Kotak Nifty Smallcap 50 Index Fund (Direct)
Nifty Smallcap250 Quality 50 TRI
to
Feb 2025Jun 2024
to
Jun 2025Oct 2024
to
Oct 2025Jan 2025
to
Jan 2026May 2025
to
May 2026Sept 2025
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DSP Nifty Smallcap250 Quality 50 Index | 69.0 | 16.5 | 8.4 | 2.4 | 1.3 | 0.9 | 1.5 | −3.1% | −4.8% | −19.2% | 30.0% | 1% |
| Kotak Nifty Smallcap 50 Index | 27.0 | 25.3 | 23.1 | 14.3 | 7.9 | 1.3 | 1.1 | 4.9% | 4.8% | −11.4% | 27.7% | 95% |
| Nifty Smallcap250 Quality 50 TRI | 65.9 | 17.1 | 10.5 | 1.8 | 2.2 | 0.9 | 1.5 | −2.6% | −4.4% | −19.0% | 30.6% | -- |
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 Smallcap250 Quality 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 26-12-2023. Past returns do not promise future returns.
DSP Nifty Smallcap250 Quality 50 Index vs Kotak Nifty Smallcap 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 26-12-2023 to 30-10-2026: 35 instalments, ₹3,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| DSP Nifty Smallcap250 Quality 50 IndexDSP Nifty Smallcap250 Quality 50 Index Fund (Direct) | ₹3,50,000 | ₹3,19,751 | −₹30,249 | −6.0% |
| Kotak Nifty Smallcap 50 IndexKotak Nifty Smallcap 50 Index Fund (Direct) | ₹3,50,000 | ₹3,90,578 | ₹40,578 | 7.5% |
DSP Nifty Smallcap250 Quality 50 IndexDSP Nifty Smallcap250 Quality 50 Index Fund (Direct)
Kotak Nifty Smallcap 50 IndexKotak Nifty Smallcap 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.
DSP Nifty Smallcap250 Quality 50 Index vs Kotak Nifty Smallcap 50 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP Nifty Smallcap250 Quality 50 Index Fund (Direct) | Kotak Nifty Smallcap 50 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −13.06% | +4.73% |
| Standard deviation | 17.09% | 19.31% |
| Sharpe ratio | -1.07 | -0.03 |
| Sortino ratio | -1.43 | -0.04 |
| Maximum drawdown | −19.1% (30-03-2026) | −17.3% (23-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.33% | −1.33% |
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 | DSP Nifty Smallcap250 Quality 50 Index Fund (Direct) | Kotak Nifty Smallcap 50 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +0.93% | +23.87% |
| Standard deviation | 19.10% | 19.54% |
| Sharpe ratio | -0.26 | 0.91 |
| Sortino ratio | -0.35 | 1.23 |
| Maximum drawdown | −30.7% (30-03-2026) | −25.0% (28-02-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.44% | −1.60% |
From daily NAVs, 26-12-2023 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.
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 Smallcap250 Quality 50 Index Fund (Direct)
Kotak Nifty Smallcap 50 Index Fund (Direct)
Nifty Smallcap250 Quality 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP Nifty Smallcap250 Quality 50 Index Fund (Direct) | −30.7% | 11-12-2024 | 30-03-2026 | Not yet | -- | −25.6% |
| Kotak Nifty Smallcap 50 Index Fund (Direct) | −25.0% | 11-12-2024 | 28-02-2025 | 03-07-2026 | 16 months | −7.5% |
| Nifty Smallcap250 Quality 50 TRI | −30.4% | 11-12-2024 | 30-03-2026 | Not yet | -- | −25.1% |
From daily values since 26-12-2023, 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.
DSP Nifty Smallcap250 Quality 50 Index Fund (Direct)
Kotak Nifty Smallcap 50 Index Fund (Direct)
Nifty Smallcap250 Quality 50 TRI
Against Nifty Smallcap250 Quality 50 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| DSP Nifty Smallcap250 Quality 50 Index Fund (Direct) | 99% | 101% | 0.26% |
| Kotak Nifty Smallcap 50 Index Fund (Direct) | 114% | 83% | 5.97% |
From month-end values since 26-12-2023. 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.
DSP Nifty Smallcap250 Quality 50 Index vs Kotak Nifty Smallcap 50 Index: Portfolio Overlap
From each fund's latest monthly portfolio: DSP Nifty Smallcap250 Quality 50 Index Fund, September 2026; Kotak Nifty Smallcap 50 Index Fund, September 2026
Holdings in common
- Overlap
- 25.9%
- Held by both
- 13
- Only in DSP Nifty Smallcap250 Quality 50 Index
- 37
- Only in Kotak Nifty Smallcap 50 Index
- 36
| Security | % of DSP Nifty Smallcap250 Quality 50 Index | % of Kotak Nifty Smallcap 50 Index |
|---|---|---|
| Sona Blw Precision Forgings Limited | 4.20% | 4.42% |
| Karur Vysya Bank Limited | 3.32% | 3.63% |
| Central Depository Services (India) Limited | 3.91% | 2.66% |
| Anand Rathi Wealth Limited | 5.23% | 2.29% |
| Angel One Limited | 1.93% | 2.12% |
| Computer Age Management Services Limited | 4.49% | 1.91% |
| Himadri Speciality Chemical Limited | 2.19% | 1.89% |
| Dr. Lal Path Labs Limited | 3.10% | 1.83% |
| Crompton Greaves Consumer Electricals Limited | 1.93% | 1.59% |
| Indraprastha Gas Limited | 1.86% | 1.21% |
| Affle 3i Limited | 1.79% | 1.13% |
| Amara Raja Energy And Mobility Limited | 1.55% | 1.09% |
| Natco Pharma Limited | 1.51% | 0.88% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 25.9% means 25.9% 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 DSP Nifty Smallcap250 Quality 50 Index Fund
| Security | % of fund |
|---|---|
| Castrol India Limited | 3.59% |
| Indian Energy Exchange Limited | 3.07% |
| Motherson Sumi Wiring India Limited | 2.45% |
| Gillette India Limited | 2.31% |
| Emami Limited | 2.28% |
Largest holdings only in Kotak Nifty Smallcap 50 Index Fund
| Security | % of fund |
|---|---|
| Welspun Corp Limited | 4.21% |
| NAVIN FLUORINE INTERNATIONAL LTD. | 3.59% |
| ATHER ENERGY LTD | 3.35% |
| RBL BANK LTD. | 2.96% |
| DELHIVERY LTD | 2.92% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | DSP Nifty Smallcap250 Quality 50 Index | Kotak Nifty Smallcap 50 Index |
|---|---|---|
| Equity | 99.9% | 98.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | 1.4% |
Market cap of stocks
| Market cap | DSP Nifty Smallcap250 Quality 50 Index | Kotak Nifty Smallcap 50 Index |
|---|---|---|
| Large Cap | 0.0% | 0.0% |
| Mid Cap | 4.2% | 6.3% |
| Small Cap | 95.7% | 90.1% |
| Not on AMFI's list | 0.0% | 2.2% |
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 Smallcap250 Quality 50 Index | Kotak Nifty Smallcap 50 Index |
|---|---|---|
| Capital Markets | 20.7% | 10.3% |
| Pharmaceuticals and Biotechnology | 0.0% | 15.5% |
| Banks | 3.3% | 11.3% |
| Auto Components | 10.1% | 7.1% |
| Finance | 3.3% | 8.1% |
| Chemicals and Petrochemicals | 0.0% | 6.6% |
| Industrial Products | 5.3% | 6.6% |
| Consumer Durables | 5.8% | 4.3% |
| IT - Software | 5.3% | 2.2% |
| Personal Products | 4.6% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
DSP Nifty Smallcap250 Quality 50 Index vs Kotak Nifty Smallcap 50 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP Nifty Smallcap250 Quality 50 Index Fund | Kotak Nifty Smallcap 50 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.38% | 0.48% |
| Base expense ratio (Direct) | 0.14% | 0.17% |
| Total expense ratio (Regular) | 1.14% | 1.06% |
| Base expense ratio (Regular) | 0.80% | 0.66% |
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 Smallcap250 Quality 50 Index Fund vs Kotak Nifty Smallcap 50 Index Fund: Frequently Asked Questions
What is the difference between DSP Nifty Smallcap250 Quality 50 Index Fund and Kotak Nifty Smallcap 50 Index Fund?
DSP Nifty Smallcap250 Quality 50 Index Fund is an Index fund, Kotak Nifty Smallcap 50 Index Fund is an Index fund, run by DSP Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 25.9%. DSP Nifty Smallcap250 Quality 50 Index Fund charges 0.38% a year and Kotak Nifty Smallcap 50 Index Fund 0.48%.
Which has given higher returns, DSP Nifty Smallcap250 Quality 50 Index Fund or Kotak Nifty Smallcap 50 Index Fund?
Over 1 year: DSP Nifty Smallcap250 Quality 50 Index Fund −13.06%, Kotak Nifty Smallcap 50 Index Fund +4.73%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, DSP Nifty Smallcap250 Quality 50 Index Fund or Kotak Nifty Smallcap 50 Index Fund?
DSP Nifty Smallcap250 Quality 50 Index Fund charges less: 0.38% a year against 0.48%. These are the Direct plans' total expense ratios reported to AMFI.
How much do DSP Nifty Smallcap250 Quality 50 Index Fund and Kotak Nifty Smallcap 50 Index Fund overlap?
25.9%. They hold 13 of the same securities, the largest shared ones being SONACOMS, KARURVYSYA, CDSL. From each fund's latest monthly portfolio.
Which is riskier, DSP Nifty Smallcap250 Quality 50 Index Fund or Kotak Nifty Smallcap 50 Index Fund?
On SEBI's riskometer, DSP Nifty Smallcap250 Quality 50 Index Fund is rated Very High and Kotak Nifty Smallcap 50 Index Fund Very High. Over 1 years, the standard deviation of daily returns was 17.09% and 19.31% a year.
Can I invest in both DSP Nifty Smallcap250 Quality 50 Index Fund and Kotak Nifty Smallcap 50 Index Fund?
Yes. 25.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages DSP Nifty Smallcap250 Quality 50 Index Fund and Kotak Nifty Smallcap 50 Index Fund?
DSP Nifty Smallcap250 Quality 50 Index Fund: Anil Ghelani, Diipesh Shah, Neha Rathi. Kotak Nifty Smallcap 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.