Franklin India Dividend Yield Fund vs Kotak Nifty 50 Value 20 ETF
Direct Plan where a fund has one, Growth option · Data as on 29-10-2026
Franklin India Dividend Yield Fund is a Dividend Yield fund and Kotak Nifty 50 Value 20 ETF is an ETF fund. In the 3 years to 30-10-2026, Franklin India Dividend Yield Fund (Direct) returned 10.9% a year and Kotak Nifty 50 Value 20 ETF returned 5.7% a year. Franklin India Dividend Yield Fund charges 1.39% a year and Kotak Nifty 50 Value 20 ETF 0.35%. Their portfolios overlap 35.4%: they hold 12 of the same securities.
Franklin India Dividend Yield Fund
Dividend Yield
- 3 year return
- 10.9%
- Expense ratio
- 1.39%
- NAV
- ₹142.65
Kotak Nifty 50 Value 20 ETF
ETF
- 3 year return
- 5.7%
- Expense ratio
- 0.35%
- NAV
- ₹13.41
Which is better, Franklin India Dividend Yield or Kotak Nifty 50 Value 20 ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Franklin India Dividend Yield returned more over 5 years: 10.9% a year against 7.2%.
- Franklin India Dividend Yield returned more over 3 years: 10.9% a year against 5.7%.
- Kotak Nifty 50 Value 20 ETF costs less: 0.35% a year against 1.39%.
- Franklin India Dividend Yield swung less over 3 years: a standard deviation of 13.1% a year against 13.2%.
- Kotak Nifty 50 Value 20 ETF fell less in its worst fall since 08-12-2015: −31.7% against −38.0%.
- Franklin India Dividend Yield holds 11.4% of the fund in foreign stocks; Kotak Nifty 50 Value 20 ETF 0.0%.
- Kotak Nifty 50 Value 20 ETF holds more in large companies: 99.0% of the fund in large caps against 57.0%.
- Franklin India Dividend Yield is the larger fund: ₹2,179 Cr against ₹74 Cr.
- Their portfolios overlap 35.4%: 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 | Franklin India Dividend Yield Fund | Kotak Nifty 50 Value 20 ETF |
|---|---|---|
| Fund house | Franklin Templeton Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Dividend Yield | ETF |
| AUM | ₹2,179 Cr (30-09-2026) | ₹74 Cr (30-09-2026) |
| NAV | ₹142.65 (Direct) | ₹13.41 |
| Expense ratio (Direct) | 1.39% | Not available |
| Expense ratio (Regular) | 2.22% | Not available |
| Riskometer | Not available | Very High |
| Benchmark | Nifty 500 TRI | Nifty50 Value 20 TRI |
| Launch date | 18-05-2006 | 02-12-2015 |
| Minimum investment | 5000/1 | Ongoing purchases directly from the Mutual Fund would be restricted to Market Makers and Large Investors (subject to transactions greater than INR 25 crores or such other amount as may be specified by SEBI from time to time) provided the value of units to |
| Lock in | None | None |
| Fund managers | Rajasa Kakulavarapu, Ajay Argal, Sandeep Manam | Satish Dondapati, Jeetu Valechha Sonar |
| Exit load | Exit load of 1% if redeemed within 1 year | Nil |
Franklin India Dividend Yield vs Kotak Nifty 50 Value 20 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 |
|---|---|---|---|---|---|---|---|
| Franklin India Dividend Yield Fund (Direct) | −1.50% | −4.46% | −5.41% | −7.91% | +10.87% | +10.92% | +13.70% |
| Kotak Nifty 50 Value 20 ETF | +2.10% | −4.91% | −6.70% | −11.77% | +5.70% | +7.20% | +13.49% |
| Dividend Yield average | −1.57% | −5.69% | −3.24% | −5.57% | +12.14% | +12.06% | -- |
Category average: the average of the 12 Dividend Yield funds, same plan type.
Franklin India Dividend Yield vs Kotak Nifty 50 Value 20 ETF: Year-wise Returns
| Year | Franklin India Dividend YieldFranklin India Dividend Yield | Kotak Nifty 50 Value 20 ETFKotak Nifty 50 Value 20 ETF |
|---|---|---|
| 2026to date | −7.41% | −13.60% |
| 2025 | +2.58% | +0.88% |
| 2024 | +21.42% | +17.62% |
| 2023 | +34.51% | +29.52% |
| 2022 | +6.05% | +1.49% |
| 2021 | +44.12% | +36.88% |
Franklin India Dividend Yield vs Kotak Nifty 50 Value 20 ETF: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Franklin India Dividend Yield Fund
Rolling returns
Every 3-year holding period, 1,945 of them, one for each trading day from 10-12-2018 to 29-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Franklin India Dividend Yield Fund (Direct)
Kotak Nifty 50 Value 20 ETF
Nifty 500 TRI
to
Jul 2019Nov 2017
to
Nov 2020Apr 2019
to
Apr 2022Aug 2020
to
Aug 2023Dec 2021
to
Dec 2024Mar 2023
to
Mar 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Franklin India Dividend Yield | 4.1 | 5.6 | 10.5 | 15.8 | 20.7 | 22.4 | 21.1 | 17.6% | 18.4% | −7.3% | 42.6% | 69% |
| Kotak Nifty 50 Value 20 ETF | 0.0 | 2.5 | 9.4 | 21.3 | 39.1 | 21.7 | 6.0 | 16.9% | 17.3% | 0.6% | 34.9% | 77% |
| Nifty 500 TRI | 2.6 | 5.9 | 7.9 | 27.9 | 38.0 | 13.6 | 4.0 | 15.1% | 15.6% | −6.3% | 33.5% | -- |
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 500 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 08-12-2015. Past returns do not promise future returns.
Franklin India Dividend Yield vs Kotak Nifty 50 Value 20 ETF: 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 01-12-2015 to 29-10-2026: 131 instalments, ₹13,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Franklin India Dividend YieldFranklin India Dividend Yield Fund (Direct) | ₹13,10,000 | ₹29,54,445 | ₹16,44,445 | 14.2% |
| Kotak Nifty 50 Value 20 ETFKotak Nifty 50 Value 20 ETF | ₹13,10,000 | ₹25,67,638 | ₹12,57,638 | 11.8% |
Franklin India Dividend YieldFranklin India Dividend Yield Fund (Direct)
Kotak Nifty 50 Value 20 ETFKotak Nifty 50 Value 20 ETF
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.
Franklin India Dividend Yield vs Kotak Nifty 50 Value 20 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Franklin India Dividend Yield Fund (Direct) | Kotak Nifty 50 Value 20 ETF |
|---|---|---|
| Return (CAGR) | −7.91% | −11.77% |
| Standard deviation | 11.56% | 12.54% |
| Sharpe ratio | -1.14 | -1.36 |
| Sortino ratio | -1.45 | -1.77 |
| Maximum drawdown | −12.0% (31-03-2026) | −17.4% (08-10-2026) |
| Beta | 0.74 | 1.00 |
| Alpha | −3.60% | −0.06% |
From daily NAVs, 29-10-2025 to 29-10-2026. 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 | Franklin India Dividend Yield Fund (Direct) | Kotak Nifty 50 Value 20 ETF |
|---|---|---|
| Return (CAGR) | +10.87% | +5.70% |
| Standard deviation | 13.05% | 13.23% |
| Sharpe ratio | 0.37 | -0.02 |
| Sortino ratio | 0.50 | -0.03 |
| Maximum drawdown | −15.9% (07-04-2025) | −22.3% (08-10-2026) |
| Beta | 0.83 | 1.00 |
| Alpha | +1.19% | −0.17% |
From daily NAVs, 27-10-2023 to 29-10-2026. 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 | Franklin India Dividend Yield Fund (Direct) | Kotak Nifty 50 Value 20 ETF |
|---|---|---|
| Return (CAGR) | +10.92% | +7.20% |
| Standard deviation | 12.39% | 13.74% |
| Sharpe ratio | 0.41 | 0.10 |
| Sortino ratio | 0.56 | 0.14 |
| Maximum drawdown | −15.9% (07-04-2025) | −22.3% (08-10-2026) |
| Beta | 0.78 | 1.00 |
| Alpha | +2.76% | −0.19% |
From daily NAVs, 29-10-2021 to 29-10-2026. 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 | Franklin India Dividend Yield Fund (Direct) | Kotak Nifty 50 Value 20 ETF |
|---|---|---|
| Return (CAGR) | +13.98% | +13.23% |
| Standard deviation | 13.43% | 15.25% |
| Sharpe ratio | 0.59 | 0.51 |
| Sortino ratio | 0.80 | 0.71 |
| Maximum drawdown | −38.0% (23-03-2020) | −31.7% (23-03-2020) |
| Beta | 0.75 | 0.99 |
| Alpha | +2.80% | −0.50% |
From daily NAVs, 01-01-2013 to 29-10-2026. 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.
Franklin India Dividend Yield Fund (Direct)
Kotak Nifty 50 Value 20 ETF
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Franklin India Dividend Yield Fund (Direct) | −38.0% | 23-01-2018 | 23-03-2020 | 12-11-2020 | 8 months | −13.3% |
| Kotak Nifty 50 Value 20 ETF | −31.7% | 26-04-2019 | 23-03-2020 | 14-09-2020 | 6 months | −19.5% |
| Nifty 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −8.8% |
From daily values since 08-12-2015, 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.
Franklin India Dividend Yield Fund (Direct)
Kotak Nifty 50 Value 20 ETF
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Franklin India Dividend Yield Fund (Direct)
Kotak Nifty 50 Value 20 ETF
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Franklin India Dividend Yield Fund (Direct)
Kotak Nifty 50 Value 20 ETF
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Franklin India Dividend Yield Fund (Direct) | 87% | 70% | 6.48% |
| Kotak Nifty 50 Value 20 ETF | 83% | 70% | 8.38% |
From month-end values since 08-12-2015. 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.
Franklin India Dividend Yield vs Kotak Nifty 50 Value 20 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Franklin India Dividend Yield Fund, September 2026; Kotak Nifty 50 Value 20 ETF, September 2026
Holdings in common
- Overlap
- 35.4%
- Held by both
- 12
- Only in Franklin India Dividend Yield
- 27
- Only in Kotak Nifty 50 Value 20 ETF
- 8
| Security | % of Franklin India Dividend Yield | % of Kotak Nifty 50 Value 20 ETF |
|---|---|---|
| State Bank of India | 5.72% | 9.11% |
| Infosys Ltd | 4.53% | 6.52% |
| ICICI Bank Ltd | 4.06% | 11.34% |
| ITC Ltd | 3.50% | 5.58% |
| NTPC Ltd | 3.92% | 3.22% |
| Axis Bank Ltd | 3.13% | 5.40% |
| Coal India Ltd | 2.92% | 3.38% |
| Oil & Natural Gas Corporation Ltd | 2.28% | 4.15% |
| Tata Steel Ltd | 1.99% | 2.31% |
| Tata Consultancy Services Ltd | 1.79% | 3.68% |
| Power Grid Corporation of India Ltd | 1.25% | 2.14% |
| HCL Technologies Ltd | 1.02% | 2.25% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 35.4% means 35.4% 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 Franklin India Dividend Yield Fund
| Security | % of fund |
|---|---|
| Embassy Office Parks REIT | 4.32% |
| Britannia Industries Ltd | 3.55% |
| Knowledge Realty Trust | 3.12% |
| Shriram Finance Ltd | 2.98% |
| Bharat Electronics Ltd | 2.58% |
Largest holdings only in Kotak Nifty 50 Value 20 ETF
| Security | % of fund |
|---|---|
| HDFC BANK LTD. | 14.73% |
| RELIANCE INDUSTRIES LTD. | 12.15% |
| KOTAK MAHINDRA BANK LTD. | 3.76% |
| TATA MOTORS PASSENGER VEHICLES LTD | 3.21% |
| Hindalco Industries Ltd. | 2.70% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Franklin India Dividend Yield | Kotak Nifty 50 Value 20 ETF |
|---|---|---|
| Equity | 87.4% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 12.6% | 0.0% |
Market cap of stocks
| Market cap | Franklin India Dividend Yield | Kotak Nifty 50 Value 20 ETF |
|---|---|---|
| Large Cap | 57.0% | 99.0% |
| Mid Cap | 8.5% | 1.0% |
| Small Cap | 10.6% | 0.0% |
| Foreign stocks | 11.4% | 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 | Franklin India Dividend Yield | Kotak Nifty 50 Value 20 ETF |
|---|---|---|
| Banks | 12.9% | 44.3% |
| IT - Software | 7.3% | 12.4% |
| Petroleum Products | 3.8% | 12.2% |
| Power | 8.9% | 5.4% |
| Automobiles | 5.7% | 3.2% |
| Food Products | 5.6% | 0.0% |
| Diversified FMCG | 3.5% | 5.6% |
| IT - Hardware | 5.4% | 0.0% |
| Oil | 2.3% | 4.2% |
The six largest sectors of each fund's stocks, % of the fund.
Franklin India Dividend Yield vs Kotak Nifty 50 Value 20 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Franklin India Dividend Yield Fund | Kotak Nifty 50 Value 20 ETF |
|---|---|---|
| Total expense ratio (Direct) | 1.39% | Not available |
| Base expense ratio (Direct) | 1.03% | 0.00% |
| Total expense ratio (Regular) | 2.22% | Not available |
| Base expense ratio (Regular) | 1.75% | 0.12% |
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
Compare Franklin India Dividend Yield with
Franklin India Dividend Yield Fund vs Kotak Nifty 50 Value 20 ETF: Frequently Asked Questions
What is the difference between Franklin India Dividend Yield Fund and Kotak Nifty 50 Value 20 ETF?
Franklin India Dividend Yield Fund is a Dividend Yield fund, Kotak Nifty 50 Value 20 ETF is an ETF fund, run by Franklin Templeton Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 35.4%. Franklin India Dividend Yield Fund charges 1.39% a year and Kotak Nifty 50 Value 20 ETF 0.35%.
Which has given higher returns, Franklin India Dividend Yield Fund or Kotak Nifty 50 Value 20 ETF?
Over 1 year: Franklin India Dividend Yield Fund −7.91%, Kotak Nifty 50 Value 20 ETF −11.77%. Over 3 years: Franklin India Dividend Yield Fund +10.87% a year, Kotak Nifty 50 Value 20 ETF +5.70% a year. Over 5 years: Franklin India Dividend Yield Fund +10.92% a year, Kotak Nifty 50 Value 20 ETF +7.20% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Franklin India Dividend Yield Fund or Kotak Nifty 50 Value 20 ETF?
Kotak Nifty 50 Value 20 ETF charges less: 0.35% a year against 1.39%. These are the total expense ratios reported to AMFI.
How much do Franklin India Dividend Yield Fund and Kotak Nifty 50 Value 20 ETF overlap?
35.4%. They hold 12 of the same securities, the largest shared ones being SBIN, INFY, ICICIBANK. From each fund's latest monthly portfolio.
Which is better for SIP, Franklin India Dividend Yield Fund or Kotak Nifty 50 Value 20 ETF?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 29-10-2026 grew to ₹7,42,384 in Franklin India Dividend Yield Fund (XIRR 7.7% a year) and ₹6,67,149 in Kotak Nifty 50 Value 20 ETF (XIRR 3.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Franklin India Dividend Yield Fund and Kotak Nifty 50 Value 20 ETF?
Yes. 35.4% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Franklin India Dividend Yield Fund and Kotak Nifty 50 Value 20 ETF?
Franklin India Dividend Yield Fund: Rajasa Kakulavarapu, Ajay Argal, Sandeep Manam. Kotak Nifty 50 Value 20 ETF: Satish Dondapati, 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.