Edelweiss Nifty Midcap150 Momentum 50 Index Fund vs Kotak Active Momentum Fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss Nifty Midcap150 Momentum 50 Index Fund is an Index fund and Kotak Active Momentum Fund is a Thematic fund. In the year to 30-10-2026, Edelweiss Nifty Midcap150 Momentum 50 Index Fund (Direct) returned −4.5% and Kotak Active Momentum Fund (Direct) returned 0.7%. Edelweiss Nifty Midcap150 Momentum 50 Index Fund charges 0.78% a year and Kotak Active Momentum Fund 1.53% (Direct plans). Their portfolios overlap 34.7%: they hold 17 of the same securities.
Edelweiss Nifty Midcap150 Momentum 50 Index Fund
Index
- 1 year return
- −4.5%
- Expense ratio
- 0.78%
- NAV
- ₹17.57
Kotak Active Momentum Fund
Thematic
- 1 year return
- 0.7%
- Expense ratio
- 1.53%
- NAV
- ₹10.33
Which is better, Edelweiss Nifty Midcap150 Momentum 50 Index or Kotak Active Momentum? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Active Momentum returned more over 1 year: 0.7% against −4.5%.
- Edelweiss Nifty Midcap150 Momentum 50 Index costs less: 0.78% a year against 1.53% (Direct plans).
- Kotak Active Momentum fell less in its worst fall since 28-08-2025: −13.6% against −14.7%.
- Kotak Active Momentum holds more in large companies: 36.5% of the fund in large caps against 20.6%.
- Edelweiss Nifty Midcap150 Momentum 50 Index is the larger fund: ₹1,728 Cr against ₹1,590 Cr.
- Their portfolios overlap 34.7%: 17 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 | Edelweiss Nifty Midcap150 Momentum 50 Index Fund | Kotak Active Momentum Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Index | Thematic |
| AUM | ₹1,728 Cr (30-09-2026) | ₹1,590 Cr (30-09-2026) |
| NAV | ₹17.57 (Direct) | ₹10.33 (Direct) |
| Expense ratio (Direct) | 0.78% | 1.53% |
| Expense ratio (Regular) | 1.38% | 2.84% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY Midcap 150 Momentum 50 TRI | Nifty 500 TRI |
| Launch date | 30-11-2022 | 20-08-2025 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Bhavesh Jain, Bharat Lahoti, Manasi Jalgaonkar | Rohit Tandon, Abhishek Bisen |
| Exit load | Exit load of 0.50%, if redeemed within 30 days. | Exit load of 0.50%, if redeemed within 90 days. |
Edelweiss Nifty Midcap150 Momentum 50 Index vs Kotak Active Momentum: 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 |
|---|---|---|---|---|---|---|---|
| Edelweiss Nifty Midcap150 Momentum 50 Index Fund (Direct) | −2.15% | −4.26% | −2.43% | −4.45% | +13.28% | -- | -- |
| Kotak Active Momentum Fund (Direct) | −3.05% | −7.80% | +0.68% | +0.67% | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Edelweiss Nifty Midcap150 Momentum 50 Index vs Kotak Active Momentum: Year-wise Returns
| Year | Edelweiss Nifty Midcap150 Momentum 50 IndexEdelweiss Nifty Midcap150 Momentum 50 Index | Kotak Active MomentumKotak Active Momentum |
|---|---|---|
| 2026to date | −3.65% | −2.46% |
| 2025 | −4.23% | -- |
| 2024 | +31.99% | -- |
| 2023 | +50.33% | -- |
Edelweiss Nifty Midcap150 Momentum 50 Index vs Kotak Active Momentum: Rolling Returns
Every holding period of both funds, against Nifty Midcap150 Momentum 50 TRI, the benchmark of Edelweiss Nifty Midcap150 Momentum 50 Index Fund
Rolling returns
Every 1-year holding period, 42 of them, one for each trading day from 28-08-2026 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.
Edelweiss Nifty Midcap150 Momentum 50 Index Fund (Direct)
Kotak Active Momentum Fund (Direct)
Nifty Midcap150 Momentum 50 TRI
to
Sept 2026Sept 2025
to
Sept 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026Oct 2025
to
Oct 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Edelweiss Nifty Midcap150 Momentum 50 Index | 35.7 | 42.9 | 21.4 | 0.0 | 0.0 | 0.0 | 0.0 | 1.3% | 1.5% | −8.1% | 9.9% | 0% |
| Kotak Active Momentum | 7.3 | 26.8 | 43.9 | 22.0 | 0.0 | 0.0 | 0.0 | 6.4% | 7.1% | −2.2% | 13.3% | 100% |
| Nifty Midcap150 Momentum 50 TRI | 33.3 | 42.9 | 21.4 | 2.4 | 0.0 | 0.0 | 0.0 | 1.8% | 2.0% | −7.6% | 10.5% | -- |
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 Midcap150 Momentum 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 28-08-2025. Past returns do not promise future returns.
Edelweiss Nifty Midcap150 Momentum 50 Index vs Kotak Active Momentum: 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 01-08-2025 to 30-10-2026: 15 instalments, ₹1,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss Nifty Midcap150 Momentum 50 IndexEdelweiss Nifty Midcap150 Momentum 50 Index Fund (Direct) | ₹1,50,000 | ₹1,45,925 | −₹4,075 | −4.1% |
| Kotak Active MomentumKotak Active Momentum Fund (Direct) | ₹1,50,000 | ₹1,49,139 | −₹861 | −0.9% |
Edelweiss Nifty Midcap150 Momentum 50 IndexEdelweiss Nifty Midcap150 Momentum 50 Index Fund (Direct)
Kotak Active MomentumKotak Active Momentum 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.
Edelweiss Nifty Midcap150 Momentum 50 Index vs Kotak Active Momentum: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss Nifty Midcap150 Momentum 50 Index Fund (Direct) | Kotak Active Momentum Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.45% | +0.67% |
| Standard deviation | 18.57% | 16.62% |
| Sharpe ratio | -0.52 | -0.28 |
| Sortino ratio | -0.72 | -0.37 |
| Maximum drawdown | −14.7% (31-03-2026) | −13.6% (23-03-2026) |
| Beta | 1.00 | 1.08 |
| Alpha | −0.49% | +8.99% |
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 | Edelweiss Nifty Midcap150 Momentum 50 Index Fund (Direct) | Kotak Active Momentum Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.03% | +2.57% |
| Standard deviation | 18.28% | 15.65% |
| Sharpe ratio | 0.48 | -0.17 |
| Sortino ratio | 0.65 | -0.23 |
| Maximum drawdown | −25.8% (13-03-2025) | −13.6% (23-03-2026) |
| Beta | 1.00 | 1.06 |
| Alpha | −0.62% | +4.63% |
From daily NAVs, 02-12-2022 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.
Edelweiss Nifty Midcap150 Momentum 50 Index Fund (Direct)
Kotak Active Momentum Fund (Direct)
Nifty Midcap150 Momentum 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss Nifty Midcap150 Momentum 50 Index Fund (Direct) | −14.7% | 26-11-2025 | 31-03-2026 | 07-05-2026 | 37 days | −8.9% |
| Kotak Active Momentum Fund (Direct) | −13.6% | 07-01-2026 | 23-03-2026 | 03-07-2026 | 3 months | −10.2% |
| Nifty Midcap150 Momentum 50 TRI | −14.3% | 26-11-2025 | 30-03-2026 | 07-05-2026 | 38 days | −8.9% |
From daily values since 28-08-2025, 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.
Edelweiss Nifty Midcap150 Momentum 50 Index Fund (Direct)
Kotak Active Momentum Fund (Direct)
Nifty Midcap150 Momentum 50 TRI
Against Nifty Midcap150 Momentum 50 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Edelweiss Nifty Midcap150 Momentum 50 Index Fund (Direct) | 99% | 101% | 0.24% |
| Kotak Active Momentum Fund (Direct) | 69% | 58% | 8.86% |
From month-end values since 28-08-2025. 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.
Edelweiss Nifty Midcap150 Momentum 50 Index vs Kotak Active Momentum: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Nifty Midcap150 Momentum 50 Index Fund, September 2026; Kotak Active Momentum Fund, September 2026
Holdings in common
- Overlap
- 34.7%
- Held by both
- 17
- Only in Edelweiss Nifty Midcap150 Momentum 50 Index
- 33
- Only in Kotak Active Momentum
- 33
| Security | % of Edelweiss Nifty Midcap150 Momentum 50 Index | % of Kotak Active Momentum |
|---|---|---|
| Laurus Labs Ltd. | 7.02% | 4.26% |
| Bharat Forge Ltd. | 3.90% | 2.86% |
| Bharat Heavy Electricals Ltd. | 4.45% | 2.63% |
| National Aluminium Company Ltd. | 3.21% | 2.58% |
| GE Vernova T&D India Limited | 4.28% | 2.57% |
| Aurobindo Pharma Ltd. | 2.35% | 2.67% |
| Hitachi Energy India Ltd. | 3.53% | 2.27% |
| Steel Authority of India Ltd. | 2.06% | 2.13% |
| Marico Ltd. | 2.22% | 1.99% |
| Polycab India Ltd. | 3.03% | 1.95% |
| Apar Industries Ltd. | 1.90% | 2.72% |
| FSN E-Commerce Ventures Ltd. | 1.65% | 2.49% |
| Radico Khaitan Ltd. | 1.61% | 2.51% |
| Thermax Ltd. | 1.15% | 1.41% |
| L&T Finance Ltd. | 1.08% | 1.99% |
| GMR Airports Ltd. | 0.99% | 1.66% |
| AIA Engineering Ltd. | 0.76% | 1.92% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 34.7% means 34.7% 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 Edelweiss Nifty Midcap150 Momentum 50 Index Fund
| Security | % of fund |
|---|---|
| Multi Commodity Exchange Of India Ltd. | 5.99% |
| The Federal Bank Ltd. | 4.60% |
| BSE Ltd. | 4.10% |
| AU Small Finance Bank Ltd. | 2.68% |
| Vodafone Idea Ltd. | 2.47% |
Largest holdings only in Kotak Active Momentum Fund
| Security | % of fund |
|---|---|
| Sona BLW Precision Forgings Ltd | 2.94% |
| AEGIS LOGISTICS LTD | 2.55% |
| TVS Motor Company Ltd. | 2.52% |
| ADANI ENERGY SOLUTIONS LTD. | 2.39% |
| Bajaj Auto Ltd. | 2.35% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Nifty Midcap150 Momentum 50 Index | Kotak Active Momentum |
|---|---|---|
| Equity | 99.9% | 96.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | 3.3% |
Market cap of stocks
| Market cap | Edelweiss Nifty Midcap150 Momentum 50 Index | Kotak Active Momentum |
|---|---|---|
| Large Cap | 20.6% | 36.5% |
| Mid Cap | 79.3% | 57.6% |
| Small Cap | 0.0% | 2.5% |
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 | Edelweiss Nifty Midcap150 Momentum 50 Index | Kotak Active Momentum |
|---|---|---|
| Pharmaceuticals & Biotechnology | 15.6% | 0.0% |
| Electrical Equipment | 15.3% | 11.6% |
| Banks | 12.0% | 9.8% |
| Capital Markets | 11.2% | 0.0% |
| Automobiles | 0.0% | 7.2% |
| Pharmaceuticals and Biotechnology | 0.0% | 6.9% |
| Finance | 2.7% | 6.9% |
| Industrial Products | 6.8% | 3.9% |
| Auto Components | 3.9% | 5.8% |
| Telecom - Services | 5.2% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Nifty Midcap150 Momentum 50 Index vs Kotak Active Momentum: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Nifty Midcap150 Momentum 50 Index Fund | Kotak Active Momentum Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.78% | 1.53% |
| Base expense ratio (Direct) | 0.39% | 0.70% |
| Total expense ratio (Regular) | 1.38% | 2.84% |
| Base expense ratio (Regular) | 0.90% | 1.81% |
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.
More comparisons
Each fund against the others of its category
Edelweiss Nifty Midcap150 Momentum 50 Index Fund vs Kotak Active Momentum Fund: Frequently Asked Questions
What is the difference between Edelweiss Nifty Midcap150 Momentum 50 Index Fund and Kotak Active Momentum Fund?
Edelweiss Nifty Midcap150 Momentum 50 Index Fund is an Index fund, Kotak Active Momentum Fund is a Thematic fund, run by Edelweiss Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 34.7%. Edelweiss Nifty Midcap150 Momentum 50 Index Fund charges 0.78% a year and Kotak Active Momentum Fund 1.53%.
Which has given higher returns, Edelweiss Nifty Midcap150 Momentum 50 Index Fund or Kotak Active Momentum Fund?
Over 1 year: Edelweiss Nifty Midcap150 Momentum 50 Index Fund −4.45%, Kotak Active Momentum Fund +0.67%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss Nifty Midcap150 Momentum 50 Index Fund or Kotak Active Momentum Fund?
Edelweiss Nifty Midcap150 Momentum 50 Index Fund charges less: 0.78% a year against 1.53%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Edelweiss Nifty Midcap150 Momentum 50 Index Fund and Kotak Active Momentum Fund overlap?
34.7%. They hold 17 of the same securities, the largest shared ones being LAURUSLABS, BHARATFORG, BHEL. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Nifty Midcap150 Momentum 50 Index Fund or Kotak Active Momentum Fund?
On SEBI's riskometer, Edelweiss Nifty Midcap150 Momentum 50 Index Fund is rated Very High and Kotak Active Momentum Fund Very High. Over 1 years, the standard deviation of daily returns was 18.57% and 16.62% a year.
Can I invest in both Edelweiss Nifty Midcap150 Momentum 50 Index Fund and Kotak Active Momentum Fund?
Yes. 34.7% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Edelweiss Nifty Midcap150 Momentum 50 Index Fund and Kotak Active Momentum Fund?
Edelweiss Nifty Midcap150 Momentum 50 Index Fund: Bhavesh Jain, Bharat Lahoti, Manasi Jalgaonkar. Kotak Active Momentum Fund: Rohit Tandon, 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.