Groww Nifty Smallcap 250 Momentum Quality 100 ETF vs Kotak Nifty Smallcap 50 Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Groww Nifty Smallcap 250 Momentum Quality 100 ETF is an ETF fund and Kotak Nifty Smallcap 50 Index Fund is an Index fund. Groww Nifty Smallcap 250 Momentum Quality 100 ETF charges 1.23% a year and Kotak Nifty Smallcap 50 Index Fund 0.48%. Their portfolios overlap 47.4%: they hold 25 of the same securities.
Groww Nifty Smallcap 250 Momentum Quality 100 ETF
ETF
- Expense ratio
- 1.23%
- NAV
- ₹45.68
Kotak Nifty Smallcap 50 Index Fund
Index
- Expense ratio
- 0.48%
- NAV
- ₹21.76
Which is better, Groww Nifty Smallcap 250 Momentum Quality 100 ETF or Kotak Nifty Smallcap 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 Nifty Smallcap 50 Index costs less: 0.48% a year against 1.23%.
- Groww Nifty Smallcap 250 Momentum Quality 100 ETF fell less in its worst fall since 17-06-2026: −10.2% against −11.9%.
- Kotak Nifty Smallcap 50 Index is the larger fund: ₹260 Cr against ₹8 Cr.
- Their portfolios overlap 47.4%: 25 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 Smallcap 250 Momentum Quality 100 ETF | Kotak Nifty Smallcap 50 Index Fund |
|---|---|---|
| Fund house | Groww Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | ETF | Index |
| AUM | ₹8 Cr (30-09-2026) | ₹260 Cr (30-09-2026) |
| NAV | ₹45.68 | ₹21.76 (Direct) |
| Expense ratio (Direct) | Not available | 0.48% |
| Expense ratio (Regular) | Not available | 1.06% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Smallcap 250 Momentum Quality 100 TRI | NIFTY Smallcap 50 TRI |
| Launch date | 16-06-2026 | 10-04-2023 |
| Minimum investment | 1 Unit | ₹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 Smallcap 250 Momentum Quality 100 ETF vs Kotak Nifty Smallcap 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 Smallcap 250 Momentum Quality 100 ETF | −4.69% | −2.40% | -- | -- | -- | -- | -- |
| Kotak Nifty Smallcap 50 Index Fund (Direct) | −2.98% | −2.95% | +6.18% | +4.73% | +16.80% | -- | -- |
Groww Nifty Smallcap 250 Momentum Quality 100 ETF vs Kotak Nifty Smallcap 50 Index: Year-wise Returns
| Year | Groww Nifty Smallcap 250 Momentum Quality 100 ETFGroww Nifty Smallcap 250 Momentum Quality 100 ETF | Kotak Nifty Smallcap 50 IndexKotak Nifty Smallcap 50 Index |
|---|---|---|
| 2026to date | -- | +8.11% |
| 2025 | -- | −3.51% |
| 2024 | -- | +24.94% |
Groww Nifty Smallcap 250 Momentum Quality 100 ETF vs Kotak Nifty Smallcap 50 Index: Rolling Returns
Every holding period of both funds, against Nifty Smallcap250 Momentum Quality 100 TRI, the benchmark of Groww Nifty Smallcap 250 Momentum Quality 100 ETF
Groww Nifty Smallcap 250 Momentum Quality 100 ETF vs Kotak Nifty Smallcap 50 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Groww Nifty Smallcap 250 Momentum Quality 100 ETF | Kotak Nifty Smallcap 50 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −1.33% | +23.87% |
| Standard deviation | 16.13% | 19.54% |
| Sharpe ratio | -0.41 | 0.91 |
| Sortino ratio | -0.52 | 1.23 |
| Maximum drawdown | −10.2% (23-10-2026) | −25.0% (28-02-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.69% | −1.60% |
From daily NAVs, 17-06-2026 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 Smallcap 250 Momentum Quality 100 ETF
Kotak Nifty Smallcap 50 Index Fund (Direct)
Nifty Smallcap250 Momentum Quality 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Groww Nifty Smallcap 250 Momentum Quality 100 ETF | −10.2% | 08-09-2026 | 23-10-2026 | Not yet | -- | −7.8% |
| Kotak Nifty Smallcap 50 Index Fund (Direct) | −11.9% | 08-09-2026 | 23-10-2026 | Not yet | -- | −7.5% |
| Nifty Smallcap250 Momentum Quality 100 TRI | −10.1% | 08-09-2026 | 23-10-2026 | Not yet | -- | −7.8% |
From daily values since 17-06-2026, the first day every fund has.
Groww Nifty Smallcap 250 Momentum Quality 100 ETF vs Kotak Nifty Smallcap 50 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Nifty Smallcap 250 Momentum Quality 100 ETF, September 2026; Kotak Nifty Smallcap 50 Index Fund, September 2026
Holdings in common
- Overlap
- 47.4%
- Held by both
- 25
- Only in Groww Nifty Smallcap 250 Momentum Quality 100 ETF
- 75
- Only in Kotak Nifty Smallcap 50 Index
- 24
| Security | % of Groww Nifty Smallcap 250 Momentum Quality 100 ETF | % of Kotak Nifty Smallcap 50 Index |
|---|---|---|
| WELSPUN CORP LTD | 4.77% | 4.21% |
| Sona BLW Precision Forgings Limited | 3.68% | 4.42% |
| Navin Fluorine International Limited | 3.21% | 3.59% |
| Karur Vysya Bank Limited | 3.19% | 3.63% |
| Gland Pharma Limited | 2.96% | 2.73% |
| Anand Rathi Wealth Limited | 3.01% | 2.29% |
| Acutaas Chemicals Limited | 2.80% | 2.11% |
| AEGIS LOGISTICS LTD | 2.13% | 2.05% |
| Neuland Laboratories Ltd | 2.05% | 2.18% |
| Central Depository Services (India) Ltd. | 1.99% | 2.66% |
| Computer Age Management Services Limited | 2.00% | 1.91% |
| The Great Eastern Shipping Company Ltd | 1.93% | 1.91% |
| Himadri Speciality Chemical Limited | 2.00% | 1.89% |
| Angel One Limited | 1.83% | 2.12% |
| City Union Bank Limited | 1.76% | 2.58% |
| Redington Limited | 1.69% | 2.86% |
| Dr. Lal Path Labs Ltd. | 1.69% | 1.83% |
| Manappuram Finance Limited | 1.38% | 2.05% |
| PNB Housing Finance Limited | 1.20% | 2.49% |
| Amber Enterprises India Limited | 1.08% | 1.73% |
| Crompton Greaves Consumer Electrical Ltd | 1.00% | 1.59% |
| Natco Pharma Limited | 0.70% | 0.88% |
| Amara Raja Energy & Mobility Limited | 0.64% | 1.09% |
| Affle (India) Limited | 0.63% | 1.13% |
| PG Electroplast Limited | 0.56% | 0.95% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 47.4% means 47.4% 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 Smallcap 250 Momentum Quality 100 ETF
| Security | % of fund |
|---|---|
| HFCL Limited | 3.15% |
| Data Patterns (India) Limited | 1.78% |
| Granules India Limited | 1.68% |
| Hindustan Copper Limited | 1.65% |
| Elgi Equipments Limited | 1.36% |
Largest holdings only in Kotak Nifty Smallcap 50 Index Fund
| Security | % of fund |
|---|---|
| ATHER ENERGY LTD | 3.35% |
| RBL BANK LTD. | 2.96% |
| DELHIVERY LTD | 2.92% |
| SAI LIFE SCIENCES LIMITED | 2.50% |
| Kirloskar Oil Engines Ltd. | 2.38% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Groww Nifty Smallcap 250 Momentum Quality 100 ETF | Kotak Nifty Smallcap 50 Index |
|---|---|---|
| Equity | 99.9% | 98.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | 1.4% |
Market cap of stocks
| Market cap | Groww Nifty Smallcap 250 Momentum Quality 100 ETF | Kotak Nifty Smallcap 50 Index |
|---|---|---|
| Large Cap | 0.0% | 0.0% |
| Mid Cap | 6.2% | 6.3% |
| Small Cap | 93.7% | 90.1% |
| Not on AMFI's list | 0.0% | 2.2% |
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 Smallcap 250 Momentum Quality 100 ETF | Kotak Nifty Smallcap 50 Index |
|---|---|---|
| Pharmaceuticals and Biotechnology | 0.0% | 15.5% |
| Industrial Products | 11.4% | 6.6% |
| Banks | 5.8% | 11.3% |
| Pharmaceuticals & Biotechnology | 10.9% | 0.0% |
| Capital Markets | 10.8% | 10.3% |
| Finance | 5.4% | 8.1% |
| Auto Components | 7.4% | 7.1% |
| Chemicals and Petrochemicals | 0.0% | 6.6% |
The six largest sectors of each fund's stocks, % of the fund.
Groww Nifty Smallcap 250 Momentum Quality 100 ETF vs Kotak Nifty Smallcap 50 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Nifty Smallcap 250 Momentum Quality 100 ETF | Kotak Nifty Smallcap 50 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.48% |
| Base expense ratio (Direct) | 0.47% | 0.17% |
| Total expense ratio (Regular) | Not available | 1.06% |
| Base expense ratio (Regular) | 0.00% | 0.66% |
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 Smallcap 250 Momentum Quality 100 ETF vs Kotak Nifty Smallcap 50 Index Fund: Frequently Asked Questions
What is the difference between Groww Nifty Smallcap 250 Momentum Quality 100 ETF and Kotak Nifty Smallcap 50 Index Fund?
Groww Nifty Smallcap 250 Momentum Quality 100 ETF is an ETF fund, Kotak Nifty Smallcap 50 Index Fund is an Index fund, run by Groww Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 47.4%. Groww Nifty Smallcap 250 Momentum Quality 100 ETF charges 1.23% a year and Kotak Nifty Smallcap 50 Index Fund 0.48%.
Which has the lower expense ratio, Groww Nifty Smallcap 250 Momentum Quality 100 ETF or Kotak Nifty Smallcap 50 Index Fund?
Kotak Nifty Smallcap 50 Index Fund charges less: 0.48% a year against 1.23%. These are the total expense ratios reported to AMFI.
How much do Groww Nifty Smallcap 250 Momentum Quality 100 ETF and Kotak Nifty Smallcap 50 Index Fund overlap?
47.4%. They hold 25 of the same securities, the largest shared ones being WELCORP, SONACOMS, NAVINFLUOR. From each fund's latest monthly portfolio.
Which is riskier, Groww Nifty Smallcap 250 Momentum Quality 100 ETF or Kotak Nifty Smallcap 50 Index Fund?
On SEBI's riskometer, Groww Nifty Smallcap 250 Momentum Quality 100 ETF is rated Very High and Kotak Nifty Smallcap 50 Index Fund Very High. Over their common history, the standard deviation of daily returns was 16.13% and 19.54% a year.
Can I invest in both Groww Nifty Smallcap 250 Momentum Quality 100 ETF and Kotak Nifty Smallcap 50 Index Fund?
Yes. 47.4% 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 Smallcap 250 Momentum Quality 100 ETF and Kotak Nifty Smallcap 50 Index Fund?
Groww Nifty Smallcap 250 Momentum Quality 100 ETF: Aakash Chauhan, Nikhil Satam, Shashi Kumar. Kotak Nifty Smallcap 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.