Groww Nifty Realty ETF vs Kotak BSE Housing Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Groww Nifty Realty ETF is an ETF fund and Kotak BSE Housing Index Fund is an Index fund. In the year to 30-10-2026, Groww Nifty Realty ETF returned −14.3% and Kotak BSE Housing Index Fund (Direct) returned −15.6%. Groww Nifty Realty ETF charges 0.48% a year and Kotak BSE Housing Index Fund 0.42%. Their portfolios overlap 26.9%: they hold 6 of the same securities.
Kotak BSE Housing Index Fund
Index
- 1 year return
- −15.6%
- Expense ratio
- 0.42%
- NAV
- ₹11.82
Which is better, Groww Nifty Realty ETF or Kotak BSE Housing Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Groww Nifty Realty ETF returned more over 1 year: −14.3% against −15.6%.
- Kotak BSE Housing Index costs less: 0.42% a year against 0.48%.
- Kotak BSE Housing Index fell less in its worst fall since 08-10-2025: −20.9% against −32.8%.
- Groww Nifty Realty ETF is the larger fund: ₹16 Cr against ₹12 Cr.
- Their portfolios overlap 26.9%: 6 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 Realty ETF | Kotak BSE Housing Index Fund |
|---|---|---|
| Fund house | Groww Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | ETF | Index |
| AUM | ₹16 Cr (30-09-2026) | ₹12 Cr (30-09-2026) |
| NAV | ₹9.13 | ₹11.82 (Direct) |
| Expense ratio (Direct) | Not available | 0.42% |
| Expense ratio (Regular) | Not available | 0.93% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Realty TRI | BSE Housing TRI |
| Launch date | 07-10-2025 | 28-08-2023 |
| Minimum investment | Not available | ₹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 Realty ETF vs Kotak BSE Housing 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 Realty ETF | −3.98% | −9.52% | +2.80% | −14.33% | -- | -- | -- |
| Kotak BSE Housing Index Fund (Direct) | −4.28% | −12.22% | −5.66% | −15.55% | +5.47% | -- | -- |
Groww Nifty Realty ETF vs Kotak BSE Housing Index: Year-wise Returns
| Year | Groww Nifty Realty ETFGroww Nifty Realty ETF | Kotak BSE Housing IndexKotak BSE Housing Index |
|---|---|---|
| 2026to date | −7.17% | −10.68% |
| 2025 | -- | −6.73% |
| 2024 | -- | +20.64% |
Groww Nifty Realty ETF vs Kotak BSE Housing Index: Rolling Returns
Every holding period of both funds, against Nifty Realty TRI, the benchmark of Groww Nifty Realty ETF
Groww Nifty Realty ETF vs Kotak BSE Housing 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 08-10-2025 to 30-10-2026: 13 instalments, ₹1,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Groww Nifty Realty ETFGroww Nifty Realty ETF | ₹1,30,000 | ₹1,27,489 | −₹2,511 | −3.3% |
| Kotak BSE Housing IndexKotak BSE Housing Index Fund (Direct) | ₹1,30,000 | ₹1,19,293 | −₹10,707 | −14.0% |
Groww Nifty Realty ETFGroww Nifty Realty ETF
Kotak BSE Housing IndexKotak BSE Housing 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.
Groww Nifty Realty ETF vs Kotak BSE Housing Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Groww Nifty Realty ETF | Kotak BSE Housing Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −14.33% | −15.55% |
| Standard deviation | 26.71% | 19.16% |
| Sharpe ratio | -0.73 | -1.09 |
| Sortino ratio | -1.01 | -1.44 |
| Maximum drawdown | −32.8% (31-03-2026) | −20.7% (23-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.35% | −0.17% |
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 | Groww Nifty Realty ETF | Kotak BSE Housing Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −6.61% | +4.46% |
| Standard deviation | 26.33% | 18.47% |
| Sharpe ratio | -0.45 | -0.09 |
| Sortino ratio | -0.63 | -0.12 |
| Maximum drawdown | −32.8% (31-03-2026) | −26.6% (23-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.41% | −0.45% |
From daily NAVs, 08-10-2025 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.
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 Realty ETF
Kotak BSE Housing Index Fund (Direct)
Nifty Realty TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Groww Nifty Realty ETF | −32.8% | 03-11-2025 | 31-03-2026 | Not yet | -- | −15.9% |
| Kotak BSE Housing Index Fund (Direct) | −20.9% | 29-10-2025 | 23-03-2026 | Not yet | -- | −15.8% |
| Nifty Realty TRI | −32.8% | 03-11-2025 | 30-03-2026 | Not yet | -- | −15.6% |
From daily values since 08-10-2025, 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.
Groww Nifty Realty ETF
Kotak BSE Housing Index Fund (Direct)
Nifty Realty TRI
Against Nifty Realty TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Groww Nifty Realty ETF | 99% | 100% | 0.07% |
| Kotak BSE Housing Index Fund (Direct) | 47% | 66% | 14.50% |
From month-end values since 08-10-2025. 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.
Groww Nifty Realty ETF vs Kotak BSE Housing Index: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Nifty Realty ETF, September 2026; Kotak BSE Housing Index Fund, September 2026
Holdings in common
- Overlap
- 26.9%
- Held by both
- 6
- Only in Groww Nifty Realty ETF
- 4
- Only in Kotak BSE Housing Index
- 20
| Security | % of Groww Nifty Realty ETF | % of Kotak BSE Housing Index |
|---|---|---|
| The Phoenix Mills Limited | 17.04% | 5.26% |
| DLF Limited | 20.37% | 5.24% |
| Lodha Developers Limited | 15.89% | 4.98% |
| Prestige Estates Projects Limited | 11.78% | 4.27% |
| Oberoi Realty Limited | 9.80% | 3.58% |
| Godrej Properties Limited | 10.38% | 3.56% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 26.9% means 26.9% 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 Groww Nifty Realty ETF
| Security | % of fund |
|---|---|
| Brigade Enterprises Limited | 5.03% |
| ANANT RAJ LIMITED | 4.31% |
| Aditya Birla Real Estate Limited | 2.81% |
| Sobha Limited | 2.56% |
Largest holdings only in Kotak BSE Housing Index Fund
| Security | % of fund |
|---|---|
| Ultratech Cement Ltd. | 5.20% |
| Shree Cement Ltd. | 5.01% |
| Asian Paints(India) Ltd. | 4.95% |
| Dixon Technologies India Ltd | 4.94% |
| polycab India Limited | 4.93% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Groww Nifty Realty ETF | Kotak BSE Housing Index |
|---|---|---|
| Equity | 100.0% | 100.2% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | -0.2% |
Market cap of stocks
| Market cap | Groww Nifty Realty ETF | Kotak BSE Housing Index |
|---|---|---|
| Large Cap | 20.4% | 29.1% |
| Mid Cap | 64.9% | 67.1% |
| Small Cap | 14.7% | 3.9% |
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 Realty ETF | Kotak BSE Housing Index |
|---|---|---|
| Realty | 100.0% | 26.9% |
| Consumer Durables | 0.0% | 26.9% |
| Cement and Cement Products | 0.0% | 26.0% |
| Industrial Products | 0.0% | 16.1% |
| Finance | 0.0% | 4.2% |
The six largest sectors of each fund's stocks, % of the fund.
Groww Nifty Realty ETF vs Kotak BSE Housing Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Nifty Realty ETF | Kotak BSE Housing Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.42% |
| Base expense ratio (Direct) | 0.40% | 0.26% |
| Total expense ratio (Regular) | Not available | 0.93% |
| Base expense ratio (Regular) | 0.00% | 0.69% |
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 Realty ETF vs Kotak BSE Housing Index Fund: Frequently Asked Questions
What is the difference between Groww Nifty Realty ETF and Kotak BSE Housing Index Fund?
Groww Nifty Realty ETF is an ETF fund, Kotak BSE Housing Index Fund is an Index fund, run by Groww Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 26.9%. Groww Nifty Realty ETF charges 0.48% a year and Kotak BSE Housing Index Fund 0.42%.
Which has given higher returns, Groww Nifty Realty ETF or Kotak BSE Housing Index Fund?
Over 1 year: Groww Nifty Realty ETF −14.33%, Kotak BSE Housing Index Fund −15.55%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Groww Nifty Realty ETF or Kotak BSE Housing Index Fund?
Kotak BSE Housing Index Fund charges less: 0.42% a year against 0.48%. These are the total expense ratios reported to AMFI.
How much do Groww Nifty Realty ETF and Kotak BSE Housing Index Fund overlap?
26.9%. They hold 6 of the same securities, the largest shared ones being PHOENIXLTD, DLF, LODHA. From each fund's latest monthly portfolio.
Which is riskier, Groww Nifty Realty ETF or Kotak BSE Housing Index Fund?
On SEBI's riskometer, Groww Nifty Realty ETF is rated Very High and Kotak BSE Housing Index Fund Very High. Over 1 years, the standard deviation of daily returns was 26.71% and 19.16% a year.
Can I invest in both Groww Nifty Realty ETF and Kotak BSE Housing Index Fund?
Yes. 26.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Groww Nifty Realty ETF and Kotak BSE Housing Index Fund?
Groww Nifty Realty ETF: Aakash Chauhan, Nikhil Satam, Shashi Kumar. Kotak BSE Housing 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.