Groww Nifty Cements ETF vs Kotak Nifty Commodities Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Groww Nifty Cements ETF is an ETF fund and Kotak Nifty Commodities Index Fund is an Index fund. Groww Nifty Cements ETF charges 1.12% a year and Kotak Nifty Commodities Index Fund 0.30%. Their portfolios overlap 14.4%: they hold 4 of the same securities.
Kotak Nifty Commodities Index Fund
Index
- Expense ratio
- 0.30%
- NAV
- ₹11.25
Which is better, Groww Nifty Cements ETF or Kotak Nifty Commodities 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 Commodities Index costs less: 0.30% a year against 1.12%.
- Kotak Nifty Commodities Index fell less in its worst fall since 27-07-2026: −12.0% against −15.6%.
- Kotak Nifty Commodities Index holds more in large companies: 85.5% of the fund in large caps against 44.3%.
- Kotak Nifty Commodities Index is the larger fund: ₹283 Cr against ₹9 Cr.
- Their portfolios overlap 14.4%: 4 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 Cements ETF | Kotak Nifty Commodities Index Fund |
|---|---|---|
| Fund house | Groww Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | ETF | Index |
| AUM | ₹9 Cr (30-09-2026) | ₹283 Cr (30-09-2026) |
| NAV | ₹13.19 | ₹11.25 (Direct) |
| Expense ratio (Direct) | Not available | 0.30% |
| Expense ratio (Regular) | Not available | 0.57% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Cement TRI | Nifty Commodities TRI |
| Launch date | 24-07-2026 | 10-03-2025 |
| Minimum investment | 1 Unit | ₹100 |
| Lock in | None | None |
| Fund managers | Aakash Chauhan, Nikhil Satam, Shashi Kumar | Satish DondapatiFM 2 Mr. Abhishek Bisen, Jeetu Valechha Sonar |
| Exit load | Nil | Nil |
Groww Nifty Cements ETF vs Kotak Nifty Commodities 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 Cements ETF | −4.85% | −13.62% | -- | -- | -- | -- | -- |
| Kotak Nifty Commodities Index Fund (Direct) | −3.65% | −8.47% | −11.93% | −4.81% | -- | -- | -- |
Groww Nifty Cements ETF vs Kotak Nifty Commodities Index: Year-wise Returns
| Year | Groww Nifty Cements ETFGroww Nifty Cements ETF | Kotak Nifty Commodities IndexKotak Nifty Commodities Index |
|---|---|---|
| 2026to date | -- | −5.07% |
Groww Nifty Cements ETF vs Kotak Nifty Commodities Index: Rolling Returns
Every holding period of both funds, against Nifty Cement TRI, the benchmark of Groww Nifty Cements ETF
Groww Nifty Cements ETF vs Kotak Nifty Commodities Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Groww Nifty Cements ETF | Kotak Nifty Commodities Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −44.27% | +6.23% |
| Standard deviation | 17.17% | 15.69% |
| Sharpe ratio | -2.88 | 0.05 |
| Sortino ratio | -3.56 | 0.07 |
| Maximum drawdown | −15.6% (08-10-2026) | −15.8% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.36% | −0.81% |
From daily NAVs, 27-07-2026 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 Cements ETF
Kotak Nifty Commodities Index Fund (Direct)
Nifty Cement TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Groww Nifty Cements ETF | −15.6% | 03-08-2026 | 08-10-2026 | Not yet | -- | −15.5% |
| Kotak Nifty Commodities Index Fund (Direct) | −12.0% | 10-08-2026 | 23-10-2026 | Not yet | -- | −10.3% |
| Nifty Cement TRI | −15.5% | 03-08-2026 | 08-10-2026 | Not yet | -- | −15.4% |
From daily values since 27-07-2026, the first day every fund has.
Groww Nifty Cements ETF vs Kotak Nifty Commodities Index: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Nifty Cements ETF, September 2026; Kotak Nifty Commodities Index Fund, September 2026
Holdings in common
- Overlap
- 14.4%
- Held by both
- 4
- Only in Groww Nifty Cements ETF
- 8
- Only in Kotak Nifty Commodities Index
- 26
| Security | % of Groww Nifty Cements ETF | % of Kotak Nifty Commodities Index |
|---|---|---|
| UltraTech Cement Limited | 14.96% | 6.26% |
| Grasim Industries Limited | 14.63% | 5.58% |
| Shree Cement Limited | 15.11% | 1.44% |
| Ambuja Cements Limited | 14.73% | 1.13% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 14.4% means 14.4% 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 Groww Nifty Cements ETF
| Security | % of fund |
|---|---|
| JK Cement Limited | 13.42% |
| Dalmia Bharat Limited | 8.46% |
| The Ramco Cements Limited | 6.75% |
| ACC Limited | 4.56% |
| JSW Cement Limited | 2.32% |
Largest holdings only in Kotak Nifty Commodities Index Fund
| Security | % of fund |
|---|---|
| RELIANCE INDUSTRIES LTD. | 9.92% |
| NTPC LTD | 7.40% |
| Tata Steel Ltd. | 7.38% |
| Hindalco Industries Ltd. | 6.58% |
| JSW Steel Ltd. | 5.82% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Groww Nifty Cements ETF | Kotak Nifty Commodities Index |
|---|---|---|
| Equity | 99.9% | 100.1% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | -0.1% |
Market cap of stocks
| Market cap | Groww Nifty Cements ETF | Kotak Nifty Commodities Index |
|---|---|---|
| Large Cap | 44.3% | 85.5% |
| Mid Cap | 37.0% | 14.6% |
| Small Cap | 18.6% | 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 | Groww Nifty Cements ETF | Kotak Nifty Commodities Index |
|---|---|---|
| Cement & Cement Products | 99.9% | 0.0% |
| Power | 0.0% | 22.5% |
| Petroleum Products | 0.0% | 16.9% |
| Ferrous Metals | 0.0% | 15.2% |
| Cement and Cement Products | 0.0% | 14.4% |
| Non - Ferrous Metals | 0.0% | 10.0% |
| Oil | 0.0% | 5.4% |
The six largest sectors of each fund's stocks, % of the fund.
Groww Nifty Cements ETF vs Kotak Nifty Commodities Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Nifty Cements ETF | Kotak Nifty Commodities Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.30% |
| Base expense ratio (Direct) | 0.40% | 0.17% |
| Total expense ratio (Regular) | Not available | 0.57% |
| Base expense ratio (Regular) | 0.00% | 0.40% |
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 Cements ETF vs Kotak Nifty Commodities Index Fund: Frequently Asked Questions
What is the difference between Groww Nifty Cements ETF and Kotak Nifty Commodities Index Fund?
Groww Nifty Cements ETF is an ETF fund, Kotak Nifty Commodities Index Fund is an Index fund, run by Groww Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 14.4%. Groww Nifty Cements ETF charges 1.12% a year and Kotak Nifty Commodities Index Fund 0.30%.
Which has the lower expense ratio, Groww Nifty Cements ETF or Kotak Nifty Commodities Index Fund?
Kotak Nifty Commodities Index Fund charges less: 0.30% a year against 1.12%. These are the total expense ratios reported to AMFI.
How much do Groww Nifty Cements ETF and Kotak Nifty Commodities Index Fund overlap?
14.4%. They hold 4 of the same securities, the largest shared ones being ULTRACEMCO, GRASIM, SHREECEM. From each fund's latest monthly portfolio.
Which is riskier, Groww Nifty Cements ETF or Kotak Nifty Commodities Index Fund?
On SEBI's riskometer, Groww Nifty Cements ETF is rated Very High and Kotak Nifty Commodities Index Fund Very High. Over their common history, the standard deviation of daily returns was 17.17% and 15.69% a year.
Can I invest in both Groww Nifty Cements ETF and Kotak Nifty Commodities Index Fund?
Yes. 14.4% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Groww Nifty Cements ETF and Kotak Nifty Commodities Index Fund?
Groww Nifty Cements ETF: Aakash Chauhan, Nikhil Satam, Shashi Kumar. Kotak Nifty Commodities Index Fund: Satish DondapatiFM 2 Mr. 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.