Groww Nifty 500 Momentum 50 ETF vs Kotak Nifty500 Momentum 50 Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Groww Nifty 500 Momentum 50 ETF is an ETF fund and Kotak Nifty500 Momentum 50 Index Fund is an Index fund. Groww Nifty 500 Momentum 50 ETF charges 0.81% a year and Kotak Nifty500 Momentum 50 Index Fund 0.68%. Their portfolios overlap 99.8%: they hold 50 of the same securities.
Kotak Nifty500 Momentum 50 Index Fund
Index
- Expense ratio
- 0.68%
- NAV
- ₹9.75
Which is better, Groww Nifty 500 Momentum 50 ETF or Kotak Nifty500 Momentum 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 Nifty500 Momentum 50 Index costs less: 0.68% a year against 0.81%.
- Kotak Nifty500 Momentum 50 Index fell less in its worst fall since 18-12-2025: −14.4% against −14.5%.
- Groww Nifty 500 Momentum 50 ETF is the larger fund: ₹29 Cr against ₹27 Cr.
- Their portfolios overlap 99.8%: 50 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 | Groww Nifty 500 Momentum 50 ETF | Kotak Nifty500 Momentum 50 Index Fund |
|---|---|---|
| Fund house | Groww Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | ETF | Index |
| AUM | ₹29 Cr (30-09-2026) | ₹27 Cr (30-09-2026) |
| NAV | ₹10.33 | ₹9.75 (Direct) |
| Expense ratio (Direct) | Not available | 0.68% |
| Expense ratio (Regular) | Not available | 1.00% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 Momentum 50 TRI | Nifty 500 Momentum 50 TRI |
| Launch date | 22-04-2025 | 11-12-2025 |
| Minimum investment | ₹500 | ₹100 |
| Lock in | None | None |
| Fund managers | Aakash Chauhan, Nikhil Satam, Shashi Kumar | Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar |
| Exit load | Nil | NIL |
Groww Nifty 500 Momentum 50 ETF vs Kotak Nifty500 Momentum 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 |
|---|---|---|---|---|---|---|---|
| Groww Nifty 500 Momentum 50 ETF | −2.42% | −1.57% | −0.24% | −4.36% | -- | -- | -- |
| Kotak Nifty500 Momentum 50 Index Fund (Direct) | −2.40% | −1.52% | −0.23% | -- | -- | -- | -- |
Groww Nifty 500 Momentum 50 ETF vs Kotak Nifty500 Momentum 50 Index: Year-wise Returns
| Year | Groww Nifty 500 Momentum 50 ETFGroww Nifty 500 Momentum 50 ETF | Kotak Nifty500 Momentum 50 IndexKotak Nifty500 Momentum 50 Index | Nifty500 Momentum 50 TRI |
|---|---|---|---|
| 2026to date | −2.04% | −2.03% | −1.59% |
Groww Nifty 500 Momentum 50 ETF vs Kotak Nifty500 Momentum 50 Index: Rolling Returns
Every holding period of both funds, against Nifty500 Momentum 50 TRI, the benchmark of both
Groww Nifty 500 Momentum 50 ETF vs Kotak Nifty500 Momentum 50 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Groww Nifty 500 Momentum 50 ETF | Kotak Nifty500 Momentum 50 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +1.29% | −2.21% |
| Standard deviation | 17.96% | 20.33% |
| Sharpe ratio | -0.23 | -0.37 |
| Sortino ratio | -0.31 | -0.50 |
| Maximum drawdown | −17.3% (23-03-2026) | −14.4% (23-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.81% | −0.69% |
From daily NAVs, 23-04-2025 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.
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.
Groww Nifty 500 Momentum 50 ETF
Kotak Nifty500 Momentum 50 Index Fund (Direct)
Nifty500 Momentum 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Groww Nifty 500 Momentum 50 ETF | −14.5% | 23-12-2025 | 23-03-2026 | 07-05-2026 | 45 days | −8.1% |
| Kotak Nifty500 Momentum 50 Index Fund (Direct) | −14.4% | 23-12-2025 | 23-03-2026 | 07-05-2026 | 45 days | −8.0% |
| Nifty500 Momentum 50 TRI | −14.2% | 23-12-2025 | 23-03-2026 | 07-05-2026 | 45 days | −8.0% |
From daily values since 18-12-2025, the first day every fund has.
Groww Nifty 500 Momentum 50 ETF vs Kotak Nifty500 Momentum 50 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Nifty 500 Momentum 50 ETF, September 2026; Kotak Nifty500 Momentum 50 Index Fund, September 2026
Holdings in common
- Overlap
- 99.8%
- Held by both
- 50
- Only in Groww Nifty 500 Momentum 50 ETF
- 0
- Only in Kotak Nifty500 Momentum 50 Index
- 0
| Security | % of Groww Nifty 500 Momentum 50 ETF | % of Kotak Nifty500 Momentum 50 Index |
|---|---|---|
| Laurus Labs Limited | 6.16% | 6.17% |
| Multi Commodity Exchange of India Ltd. | 5.87% | 5.86% |
| Shriram Finance Limited | 4.87% | 4.87% |
| Hindalco Industries Limited | 4.87% | 4.87% |
| Adani Power Limited | 4.48% | 4.48% |
| Cummins India Limited | 4.32% | 4.32% |
| GE Vernova T&D India Limited | 4.19% | 4.20% |
| BSE Ltd | 4.01% | 4.02% |
| The Federal Bank Limited | 3.54% | 3.55% |
| Bharat Heavy Electricals Limited | 3.43% | 3.43% |
| Bharat Forge Limited | 3.01% | 3.01% |
| CG Power And Industrial Solutions Ltd | 2.86% | 2.86% |
| Hitachi Energy India Limited | 2.72% | 2.74% |
| Torrent Pharmaceuticals Limited | 2.69% | 2.69% |
| Adani Energy Solutions Limited | 2.63% | 2.63% |
| National Aluminium Company Limited | 2.50% | 2.50% |
| Polycab India Limited | 2.34% | 2.34% |
| HFCL Limited | 2.34% | 2.32% |
| WELSPUN CORP LTD | 2.16% | 2.16% |
| Ather Energy Limited | 2.10% | 2.10% |
| Vodafone Idea Limited | 1.91% | 1.91% |
| ABB India Limited | 1.74% | 1.74% |
| Glenmark Pharmaceuticals Limited | 1.66% | 1.66% |
| Steel Authority of India Limited | 1.58% | 1.58% |
| Navin Fluorine International Limited | 1.57% | 1.58% |
| Acutaas Chemicals Limited | 1.47% | 1.47% |
| APAR INDUSTRIES LTD | 1.46% | 1.46% |
| Kirloskar Oil Engines Ltd | 1.45% | 1.45% |
| Karur Vysya Bank Limited | 1.34% | 1.34% |
| KEI Industries Limited | 1.34% | 1.34% |
| Aditya Birla Capital Limited | 1.27% | 1.27% |
| Anand Rathi Wealth Limited | 1.18% | 1.18% |
| Sai Life Sciences Ltd. | 1.03% | 1.03% |
| Hindustan Copper Limited | 0.93% | 0.93% |
| Thermax Limited | 0.88% | 0.88% |
| Bank of Maharashtra | 0.81% | 0.81% |
| SYRMA SGS TECHNOLOGY LIMITED | 0.80% | 0.80% |
| CRAFTSMAN AUTOMATION LIMITED | 0.76% | 0.76% |
| The Great Eastern Shipping Company Ltd | 0.75% | 0.75% |
| Granules India Limited | 0.69% | 0.69% |
| FINOLEX CABLES LTD | 0.55% | 0.55% |
| Neyveli Lignite Corporation Ltd. | 0.48% | 0.48% |
| SCHNEIDER ELECTRIC INFRASTRUCTURE LTD. | 0.48% | 0.48% |
| Netweb Technologies India Limited | 0.48% | 0.48% |
| BELRISE INDUSTRIES LIMITED | 0.47% | 0.47% |
| RBL Bank Limited | 0.44% | 0.44% |
| R R Kabel Limited | 0.44% | 0.44% |
| Aditya Birla Sun Life Mutual Fund | 0.38% | 0.38% |
| Honasa Consumer Limited | 0.29% | 0.29% |
| Gujarat Mineral Development Corp. | 0.18% | 0.18% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.8% means 99.8% 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 Groww Nifty 500 Momentum 50 ETF
Every holding of this fund is also held by the other.
Largest holdings only in Kotak Nifty500 Momentum 50 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 | Groww Nifty 500 Momentum 50 ETF | Kotak Nifty500 Momentum 50 Index |
|---|---|---|
| Equity | 99.9% | 99.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | 0.1% |
Market cap of stocks
| Market cap | Groww Nifty 500 Momentum 50 ETF | Kotak Nifty500 Momentum 50 Index |
|---|---|---|
| Large Cap | 42.9% | 42.9% |
| Mid Cap | 35.7% | 35.7% |
| Small Cap | 21.3% | 21.3% |
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 | Groww Nifty 500 Momentum 50 ETF | Kotak Nifty500 Momentum 50 Index |
|---|---|---|
| Electrical Equipment | 17.8% | 17.8% |
| Pharmaceuticals and Biotechnology | 0.0% | 13.7% |
| Pharmaceuticals & Biotechnology | 13.7% | 0.0% |
| Industrial Products | 12.6% | 12.6% |
| Capital Markets | 11.4% | 11.4% |
| Non - Ferrous Metals | 8.3% | 8.3% |
| Power | 7.6% | 7.6% |
The six largest sectors of each fund's stocks, % of the fund.
Groww Nifty 500 Momentum 50 ETF vs Kotak Nifty500 Momentum 50 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Nifty 500 Momentum 50 ETF | Kotak Nifty500 Momentum 50 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.68% |
| Base expense ratio (Direct) | 0.40% | 0.16% |
| Total expense ratio (Regular) | Not available | 1.00% |
| Base expense ratio (Regular) | 0.00% | 0.44% |
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.
Groww Nifty 500 Momentum 50 ETF vs Kotak Nifty500 Momentum 50 Index Fund: Frequently Asked Questions
What is the difference between Groww Nifty 500 Momentum 50 ETF and Kotak Nifty500 Momentum 50 Index Fund?
Groww Nifty 500 Momentum 50 ETF is an ETF fund, Kotak Nifty500 Momentum 50 Index Fund is an Index fund, run by Groww Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 99.8%. Groww Nifty 500 Momentum 50 ETF charges 0.81% a year and Kotak Nifty500 Momentum 50 Index Fund 0.68%.
Which has the lower expense ratio, Groww Nifty 500 Momentum 50 ETF or Kotak Nifty500 Momentum 50 Index Fund?
Kotak Nifty500 Momentum 50 Index Fund charges less: 0.68% a year against 0.81%. These are the total expense ratios reported to AMFI.
How much do Groww Nifty 500 Momentum 50 ETF and Kotak Nifty500 Momentum 50 Index Fund overlap?
99.8%. They hold 50 of the same securities, the largest shared ones being LAURUSLABS, MCX, SHRIRAMFIN. From each fund's latest monthly portfolio.
Which is riskier, Groww Nifty 500 Momentum 50 ETF or Kotak Nifty500 Momentum 50 Index Fund?
On SEBI's riskometer, Groww Nifty 500 Momentum 50 ETF is rated Very High and Kotak Nifty500 Momentum 50 Index Fund Very High. Over their common history, the standard deviation of daily returns was 17.96% and 20.33% a year.
Can I invest in both Groww Nifty 500 Momentum 50 ETF and Kotak Nifty500 Momentum 50 Index Fund?
Yes. 99.8% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Groww Nifty 500 Momentum 50 ETF and Kotak Nifty500 Momentum 50 Index Fund?
Groww Nifty 500 Momentum 50 ETF: Aakash Chauhan, Nikhil Satam, Shashi Kumar. Kotak Nifty500 Momentum 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.