DSP Nifty Top 10 Equal Weight Index Fund vs Kotak Nifty Top 10 Equal Weight Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
DSP Nifty Top 10 Equal Weight Index Fund is a mutual fund and Kotak Nifty Top 10 Equal Weight Index Fund is an Index fund. In the year to 30-10-2026, DSP Nifty Top 10 Equal Weight Index Fund (Direct) returned −13.2% and Kotak Nifty Top 10 Equal Weight Index Fund (Direct) returned −13.3%. DSP Nifty Top 10 Equal Weight Index Fund charges 0.40% a year and Kotak Nifty Top 10 Equal Weight Index Fund 0.39% (Direct plans). Their portfolios overlap 99.9%: they hold 10 of the same securities.
DSP Nifty Top 10 Equal Weight Index Fund
- 1 year return
- −13.2%
- Expense ratio
- 0.40%
- NAV
- ₹8.87
Kotak Nifty Top 10 Equal Weight Index Fund
Index
- 1 year return
- −13.3%
- Expense ratio
- 0.39%
- NAV
- ₹8.98
Which is better, DSP Nifty Top 10 Equal Weight Index or Kotak Nifty Top 10 Equal Weight 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 Nifty Top 10 Equal Weight Index returned more over 1 year: −13.2% against −13.3%.
- Kotak Nifty Top 10 Equal Weight Index costs less: 0.39% a year against 0.40% (Direct plans).
- DSP Nifty Top 10 Equal Weight Index fell less in its worst fall since 02-05-2025: −19.8% against −19.8%.
- DSP Nifty Top 10 Equal Weight Index is the larger fund: ₹1,044 Cr against ₹37 Cr.
- Their portfolios overlap 99.9%: 10 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 Top 10 Equal Weight Index Fund | Kotak Nifty Top 10 Equal Weight Index Fund |
|---|---|---|
| Fund house | DSP Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Not available | Index |
| AUM | ₹1,044 Cr (30-09-2026) | ₹37 Cr (30-09-2026) |
| NAV | ₹8.87 (Direct) | ₹8.98 (Direct) |
| Expense ratio (Direct) | 0.40% | 0.39% |
| Expense ratio (Regular) | 1.09% | 1.06% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty Top 10 Equal Weight TRI |
| Launch date | Not available | 28-04-2025 |
| Minimum investment | Not available | ₹100 |
| Lock in | Not available | None |
| Fund managers | Not available | Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar |
| Exit load | Not available | Nil |
DSP Nifty Top 10 Equal Weight Index vs Kotak Nifty Top 10 Equal Weight 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 Top 10 Equal Weight Index Fund (Direct) | +4.79% | −2.76% | −2.34% | −13.20% | -- | -- | -- |
| Kotak Nifty Top 10 Equal Weight Index Fund (Direct) | +4.79% | −2.79% | −2.38% | −13.30% | -- | -- | -- |
DSP Nifty Top 10 Equal Weight Index vs Kotak Nifty Top 10 Equal Weight Index: Year-wise Returns
| Year | DSPDSP Nifty Top 10 Equal Weight Index | KotakKotak Nifty Top 10 Equal Weight Index | Nifty Top 10 Equal Weight TRI |
|---|---|---|---|
| 2026to date | −15.17% | −15.21% | −14.94% |
| 2025 | +9.14% | -- | +9.48% |
DSP Nifty Top 10 Equal Weight Index vs Kotak Nifty Top 10 Equal Weight Index: Rolling Returns
Every holding period of both funds, against Nifty Top 10 Equal Weight TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 123 of them, one for each trading day from 04-05-2026 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 Top 10 Equal Weight Index Fund (Direct)
Kotak Nifty Top 10 Equal Weight Index Fund (Direct)
Nifty Top 10 Equal Weight TRI
to
May 2026Jun 2025
to
Jun 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 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 Top 10 Equal Weight Index | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −10.6% | −11.3% | −15.2% | −4.8% | 0% |
| Kotak Nifty Top 10 Equal Weight Index | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −10.6% | −11.3% | −15.3% | −4.8% | 0% |
| Nifty Top 10 Equal Weight TRI | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −10.3% | −11.0% | −14.9% | −4.5% | -- |
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 Top 10 Equal Weight 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 02-05-2025. Past returns do not promise future returns.
DSP Nifty Top 10 Equal Weight Index vs Kotak Nifty Top 10 Equal Weight 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 02-05-2025 to 30-10-2026: 18 instalments, ₹1,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| DSP Nifty Top 10 Equal Weight IndexDSP Nifty Top 10 Equal Weight Index Fund (Direct) | ₹1,80,000 | ₹1,67,728 | −₹12,272 | −8.7% |
| Kotak Nifty Top 10 Equal Weight IndexKotak Nifty Top 10 Equal Weight Index Fund (Direct) | ₹1,80,000 | ₹1,67,639 | −₹12,361 | −8.7% |
DSP Nifty Top 10 Equal Weight IndexDSP Nifty Top 10 Equal Weight Index Fund (Direct)
Kotak Nifty Top 10 Equal Weight IndexKotak Nifty Top 10 Equal Weight 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 Top 10 Equal Weight Index vs Kotak Nifty Top 10 Equal Weight Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP Nifty Top 10 Equal Weight Index Fund (Direct) | Kotak Nifty Top 10 Equal Weight Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −13.20% | −13.30% |
| Standard deviation | 14.08% | 14.07% |
| Sharpe ratio | -1.31 | -1.32 |
| Sortino ratio | -1.76 | -1.78 |
| Maximum drawdown | −19.8% (01-10-2026) | −19.8% (01-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.27% | −0.39% |
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 Top 10 Equal Weight Index Fund (Direct) | Kotak Nifty Top 10 Equal Weight Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −5.42% | −7.26% |
| Standard deviation | 13.36% | 13.22% |
| Sharpe ratio | -0.83 | -0.95 |
| Sortino ratio | -1.16 | -1.33 |
| Maximum drawdown | −19.8% (01-10-2026) | −19.8% (01-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.42% | −0.34% |
From daily NAVs, 05-09-2024 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 Top 10 Equal Weight Index Fund (Direct)
Kotak Nifty Top 10 Equal Weight Index Fund (Direct)
Nifty Top 10 Equal Weight TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP Nifty Top 10 Equal Weight Index Fund (Direct) | −19.8% | 22-12-2025 | 01-10-2026 | Not yet | -- | −15.7% |
| Kotak Nifty Top 10 Equal Weight Index Fund (Direct) | −19.8% | 22-12-2025 | 01-10-2026 | Not yet | -- | −15.8% |
| Nifty Top 10 Equal Weight TRI | −19.6% | 22-12-2025 | 01-10-2026 | Not yet | -- | −15.5% |
From daily values since 02-05-2025, 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 Top 10 Equal Weight Index Fund (Direct)
Kotak Nifty Top 10 Equal Weight Index Fund (Direct)
Nifty Top 10 Equal Weight TRI
Against Nifty Top 10 Equal Weight TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| DSP Nifty Top 10 Equal Weight Index Fund (Direct) | 99% | 101% | 0.06% |
| Kotak Nifty Top 10 Equal Weight Index Fund (Direct) | 99% | 101% | 0.06% |
From month-end values since 02-05-2025. 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 Top 10 Equal Weight Index vs Kotak Nifty Top 10 Equal Weight Index: Portfolio Overlap
From each fund's latest monthly portfolio: DSP Nifty Top 10 Equal Weight Index Fund, September 2026; Kotak Nifty Top 10 Equal Weight Index Fund, September 2026
Holdings in common
- Overlap
- 99.9%
- Held by both
- 10
- Only in DSP Nifty Top 10 Equal Weight Index
- 0
- Only in Kotak Nifty Top 10 Equal Weight Index
- 0
| Security | % of DSP Nifty Top 10 Equal Weight Index | % of Kotak Nifty Top 10 Equal Weight Index |
|---|---|---|
| Kotak Mahindra Bank Limited | 10.45% | 10.47% |
| Axis Bank Limited | 10.15% | 10.17% |
| ICICI Bank Limited | 10.09% | 10.10% |
| Infosys Limited | 10.06% | 10.08% |
| Bharti Airtel Limited | 9.96% | 9.98% |
| State Bank of India | 9.90% | 9.90% |
| ITC Limited | 9.89% | 9.90% |
| Larsen & Toubro Limited | 9.82% | 9.84% |
| Reliance Industries Limited | 9.80% | 9.82% |
| HDFC Bank Limited | 9.75% | 9.77% |
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 DSP Nifty Top 10 Equal Weight Index Fund
Every holding of this fund is also held by the other.
Largest holdings only in Kotak Nifty Top 10 Equal Weight 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 | DSP Nifty Top 10 Equal Weight Index | Kotak Nifty Top 10 Equal Weight Index |
|---|---|---|
| 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 Top 10 Equal Weight Index | Kotak Nifty Top 10 Equal Weight Index |
|---|---|---|
| Large Cap | 99.9% | 100.0% |
| Mid Cap | 0.0% | 0.0% |
| 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 Nifty Top 10 Equal Weight Index | Kotak Nifty Top 10 Equal Weight Index |
|---|---|---|
| Banks | 50.3% | 50.4% |
| IT - Software | 10.1% | 10.1% |
| Telecom - Services | 10.0% | 10.0% |
| Diversified FMCG | 9.9% | 9.9% |
| Construction | 9.8% | 9.8% |
| Petroleum Products | 9.8% | 9.8% |
The six largest sectors of each fund's stocks, % of the fund.
DSP Nifty Top 10 Equal Weight Index vs Kotak Nifty Top 10 Equal Weight Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP Nifty Top 10 Equal Weight Index Fund | Kotak Nifty Top 10 Equal Weight Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.40% | 0.39% |
| Base expense ratio (Direct) | 0.21% | 0.20% |
| Total expense ratio (Regular) | 1.09% | 1.06% |
| Base expense ratio (Regular) | 0.80% | 0.76% |
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 Top 10 Equal Weight Index Fund vs Kotak Nifty Top 10 Equal Weight Index Fund: Frequently Asked Questions
What is the difference between DSP Nifty Top 10 Equal Weight Index Fund and Kotak Nifty Top 10 Equal Weight Index Fund?
DSP Nifty Top 10 Equal Weight Index Fund is a mutual fund, Kotak Nifty Top 10 Equal Weight Index Fund is an Index fund, run by DSP Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 99.9%. DSP Nifty Top 10 Equal Weight Index Fund charges 0.40% a year and Kotak Nifty Top 10 Equal Weight Index Fund 0.39%.
Which has given higher returns, DSP Nifty Top 10 Equal Weight Index Fund or Kotak Nifty Top 10 Equal Weight Index Fund?
Over 1 year: DSP Nifty Top 10 Equal Weight Index Fund −13.20%, Kotak Nifty Top 10 Equal Weight Index Fund −13.30%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, DSP Nifty Top 10 Equal Weight Index Fund or Kotak Nifty Top 10 Equal Weight Index Fund?
Kotak Nifty Top 10 Equal Weight Index Fund charges less: 0.39% a year against 0.40%. These are the Direct plans' total expense ratios reported to AMFI.
How much do DSP Nifty Top 10 Equal Weight Index Fund and Kotak Nifty Top 10 Equal Weight Index Fund overlap?
99.9%. They hold 10 of the same securities, the largest shared ones being KOTAKBANK, AXISBANK, ICICIBANK. From each fund's latest monthly portfolio.
Can I invest in both DSP Nifty Top 10 Equal Weight Index Fund and Kotak Nifty Top 10 Equal Weight 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.
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.