HDFC FMP 1861D March 2022 vs Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
HDFC FMP 1861D March 2022 is a mutual fund and Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund is an Index fund. In the 3 years to 30-10-2026, HDFC FMP 1861D March 2022 (Direct) returned 7.7% a year and Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund (Direct) returned 7.6% a year. HDFC FMP 1861D March 2022 charges 0.08% a year and Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund 0.20% (Direct plans). Their portfolios overlap 19.4%: they hold 11 of the same securities.
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund
Index
- 3 year return
- 7.6%
- Expense ratio
- 0.20%
- NAV
- ₹13.33
Which is better, HDFC FMP 1861D March 2022 or Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- HDFC FMP 1861D March 2022 returned more over 3 years: 7.7% a year against 7.6%.
- HDFC FMP 1861D March 2022 returned more over 1 year: 5.8% against 5.7%.
- HDFC FMP 1861D March 2022 costs less: 0.08% a year against 0.20% (Direct plans).
- HDFC FMP 1861D March 2022 swung less over 3 years: a standard deviation of 0.7% a year against 0.7%.
- Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index fell less in its worst fall since 09-03-2022: −3.6% against −3.8%.
- Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index is the larger fund: ₹6,137 Cr against ₹511 Cr.
- Their portfolios overlap 19.4%: 11 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 | HDFC FMP 1861D March 2022 | Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund |
|---|---|---|
| Fund house | HDFC Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Not available | Index |
| AUM | ₹511 Cr (30-09-2026) | ₹6,137 Cr (30-09-2026) |
| NAV | ₹13.46 (Direct) | ₹13.33 (Direct) |
| Expense ratio (Direct) | 0.08% | 0.20% |
| Expense ratio (Regular) | 0.25% | 0.35% |
| Riskometer | Not available | Low to Moderate |
| Benchmark | Not available | Nifty SDL Apr 2027 Top 12 Equal Weight Index |
| Launch date | Not available | 11-02-2022 |
| Minimum investment | Not available | ₹100 |
| Lock in | Not available | None |
| Fund managers | Not available | Abhishek Bisen |
| Exit load | Not available | Exit load of 0.15% if redeemed within 30 days. |
HDFC FMP 1861D March 2022 vs Kotak Nifty SDL Apr 2027 Top 12 Equal Weight 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 |
|---|---|---|---|---|---|---|---|
| HDFC FMP 1861D March 2022 (Direct) | +0.38% | +1.21% | +2.78% | +5.81% | +7.67% | -- | -- |
| Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund (Direct) | +0.32% | +1.13% | +2.67% | +5.72% | +7.58% | -- | -- |
HDFC FMP 1861D March 2022 vs Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index: Year-wise Returns
| Year | HDFC FMP 1861D March 2022HDFC FMP 1861D March 2022 | Kotak Nifty SDL Apr 2027 Top 12 Equal Weight IndexKotak Nifty SDL Apr 2027 Top 12 Equal Weight Index |
|---|---|---|
| 2026to date | +4.73% | +4.67% |
| 2025 | +8.01% | +7.91% |
| 2024 | +8.34% | +8.31% |
| 2023 | +7.49% | +7.09% |
HDFC FMP 1861D March 2022 vs Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 397 of them, one for each trading day from 10-03-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
HDFC FMP 1861D March 2022 (Direct)
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund (Direct)
to
Apr 2025Aug 2022
to
Aug 2025Nov 2022
to
Nov 2025Feb 2023
to
Feb 2026Jun 2023
to
Jun 2026Sept 2023
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| HDFC FMP 1861D March 2022 | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.8% | 7.8% | 6.3% | 8.6% |
| Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.6% | 7.7% | 6.2% | 8.4% |
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. Every fund is measured over the days all of them have, from 09-03-2022. Past returns do not promise future returns.
HDFC FMP 1861D March 2022 vs Kotak Nifty SDL Apr 2027 Top 12 Equal Weight 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 09-03-2022 to 30-10-2026: 56 instalments, ₹5,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| HDFC FMP 1861D March 2022HDFC FMP 1861D March 2022 (Direct) | ₹5,60,000 | ₹6,62,068 | ₹1,02,068 | 7.1% |
| Kotak Nifty SDL Apr 2027 Top 12 Equal Weight IndexKotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund (Direct) | ₹5,60,000 | ₹6,60,221 | ₹1,00,221 | 7.0% |
HDFC FMP 1861D March 2022HDFC FMP 1861D March 2022 (Direct)
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight IndexKotak Nifty SDL Apr 2027 Top 12 Equal Weight 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.
HDFC FMP 1861D March 2022 vs Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HDFC FMP 1861D March 2022 (Direct) | Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.81% | +5.72% |
| Standard deviation | 0.43% | 0.52% |
| Sharpe ratio | 1.30 | 0.91 |
| Sortino ratio | 2.20 | 1.49 |
| Maximum drawdown | −0.1% (21-05-2026) | −0.1% (16-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 | HDFC FMP 1861D March 2022 (Direct) | Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.67% | +7.58% |
| Standard deviation | 0.66% | 0.72% |
| Sharpe ratio | 2.49 | 2.17 |
| Sortino ratio | 4.56 | 3.81 |
| Maximum drawdown | −0.1% (08-08-2025) | −0.1% (08-08-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 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 | HDFC FMP 1861D March 2022 (Direct) | Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.57% | +6.31% |
| Standard deviation | 1.43% | 1.43% |
| Sharpe ratio | 0.41 | 0.25 |
| Sortino ratio | 0.52 | 0.32 |
| Maximum drawdown | −3.8% (06-05-2022) | −3.6% (06-05-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 09-03-2022 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.
HDFC FMP 1861D March 2022 (Direct)
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HDFC FMP 1861D March 2022 (Direct) | −3.8% | 31-03-2022 | 06-05-2022 | 13-09-2022 | 4 months | 0.0% |
| Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund (Direct) | −3.6% | 31-03-2022 | 06-05-2022 | 09-09-2022 | 4 months | 0.0% |
From daily values since 09-03-2022, 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.
HDFC FMP 1861D March 2022 (Direct)
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund (Direct)
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.
HDFC FMP 1861D March 2022 (Direct)
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund (Direct)
HDFC FMP 1861D March 2022 vs Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC FMP 1861D March 2022, September 2026; Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund, September 2026
Holdings in common
- Overlap
- 19.4%
- Held by both
- 11
- Only in HDFC FMP 1861D March 2022
- 13
- Only in Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index
- 35
| Security | % of HDFC FMP 1861D March 2022 | % of Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index |
|---|---|---|
| 7.59% Karnataka SDL - Mat 290327 | 14.79% | 7.88% |
| 7.59% Gujarat SDL - Mat 150227 | 10.23% | 5.27% |
| 7.86% Karnataka SDL - Mat 150327 | 2.33% | 3.86% |
| 7.60% Madhya Pradesh SDL Mat 150227 | 1.97% | 1.36% |
| 7.61% Tamil Nadu SDL - Mat 150227 | 1.09% | 2.36% |
| 7.80 % Haryana SDL Mat 010327 | 0.59% | 0.91% |
| 7.74% Tamil Nadu SDL Mat 010327 | 4.53% | 0.33% |
| 7.87% Uttar Pradesh SDL - Mat 150327 | 0.30% | 2.12% |
| 7.77% Kerala SDL - Mat 010327 | 0.21% | 0.16% |
| 7.20% Uttar Pradesh SDL - Mat 250127 | 0.21% | 0.08% |
| 7.14% Andhra Pradesh SDL - Mat 110127 | 0.78% | 0.05% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 19.4% means 19.4% 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 HDFC FMP 1861D March 2022
| Security | % of fund |
|---|---|
| GOI STRIPS - Mat 220227 | 28.59% |
| 7.61% Andhra Pradesh SDL - Mat 150227 | 15.74% |
| 6.48% Rajasthan SDL- Mat 020327 | 4.90% |
| 7.91% Madhya Pradesh (UDAY) SDL - Mat 220327 | 1.97% |
| 6.72% Kerala SDL Mat 240327 | 1.96% |
Largest holdings only in Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund
| Security | % of fund |
|---|---|
| Karnataka State Govt - 2027 - Karnataka | 8.43% |
| Tamil Nadu State Govt - 2027 - Tamil Nadu | 6.40% |
| West Bengal State Govt - 2027 - West Bengal | 6.19% |
| Gujarat State Govt - 2027 - Gujarat | 5.35% |
| Karnataka State Govt - 2027 - Karnataka | 4.96% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HDFC FMP 1861D March 2022 | Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 96.2% | 98.4% |
| Cash and others | 3.8% | 1.6% |
HDFC FMP 1861D March 2022 vs Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC FMP 1861D March 2022 | Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.08% | 0.20% |
| Base expense ratio (Direct) | 0.07% | 0.17% |
| Total expense ratio (Regular) | 0.25% | 0.35% |
| Base expense ratio (Regular) | 0.21% | 0.30% |
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.
HDFC FMP 1861D March 2022 vs Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund: Frequently Asked Questions
What is the difference between HDFC FMP 1861D March 2022 and Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund?
HDFC FMP 1861D March 2022 is a mutual fund, Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund is an Index fund, run by HDFC Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 19.4%. HDFC FMP 1861D March 2022 charges 0.08% a year and Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund 0.20%.
Which has given higher returns, HDFC FMP 1861D March 2022 or Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund?
Over 1 year: HDFC FMP 1861D March 2022 +5.81%, Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund +5.72%. Over 3 years: HDFC FMP 1861D March 2022 +7.67% a year, Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund +7.58% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, HDFC FMP 1861D March 2022 or Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund?
HDFC FMP 1861D March 2022 charges less: 0.08% a year against 0.20%. These are the Direct plans' total expense ratios reported to AMFI.
How much do HDFC FMP 1861D March 2022 and Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund overlap?
19.4%. They hold 11 of the same securities, the largest shared ones being 7.59% Karnataka SDL - Mat 290327, 7.59% Gujarat SDL - Mat 150227, 7.86% Karnataka SDL - Mat 150327. From each fund's latest monthly portfolio.
Which is better for SIP, HDFC FMP 1861D March 2022 or Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹4,11,903 in HDFC FMP 1861D March 2022 (XIRR 6.9% a year) and ₹4,11,270 in Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund (XIRR 6.8% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both HDFC FMP 1861D March 2022 and Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund?
Yes. 19.4% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.