Kotak Active Momentum Fund vs SBI Nifty Midcap 150 Momentum 50 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Kotak Active Momentum Fund is a Thematic fund and SBI Nifty Midcap 150 Momentum 50 ETF is an ETF fund. Kotak Active Momentum Fund charges 1.53% a year and SBI Nifty Midcap 150 Momentum 50 ETF 0.47%. Their portfolios overlap 34.7%: they hold 17 of the same securities.
SBI Nifty Midcap 150 Momentum 50 ETF
ETF
- Expense ratio
- 0.47%
- NAV
- ₹59.47
Which is better, Kotak Active Momentum or SBI Nifty Midcap 150 Momentum 50 ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- SBI Nifty Midcap 150 Momentum 50 ETF costs less: 0.47% a year against 1.53%.
- SBI Nifty Midcap 150 Momentum 50 ETF fell less in its worst fall since 05-03-2026: −13.0% against −13.2%.
- Kotak Active Momentum holds more in large companies: 36.5% of the fund in large caps against 20.6%.
- Kotak Active Momentum is the larger fund: ₹1,590 Cr against ₹129 Cr.
- Their portfolios overlap 34.7%: 17 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 | Kotak Active Momentum Fund | SBI Nifty Midcap 150 Momentum 50 ETF |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | SBI Mutual Fund |
| Category | Thematic | ETF |
| AUM | ₹1,590 Cr (30-09-2026) | ₹129 Cr (30-09-2026) |
| NAV | ₹10.33 (Direct) | ₹59.47 (Regular) |
| Expense ratio (Direct) | 1.53% | Not available |
| Expense ratio (Regular) | 2.84% | 0.47% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | NIFTY Midcap 150 Momentum 50 TRI |
| Launch date | 20-08-2025 | 02-03-2026 |
| Minimum investment | ₹5,000 | Not available |
| Lock in | None | None |
| Fund managers | Rohit Tandon, Abhishek Bisen | Viral Chhadva |
| Exit load | Exit load of 0.50%, if redeemed within 90 days. | Not available |
Kotak Active Momentum vs SBI Nifty Midcap 150 Momentum 50 ETF: 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 |
|---|---|---|---|---|---|---|---|
| Kotak Active Momentum Fund (Direct) | −3.05% | −7.80% | +0.68% | +0.67% | -- | -- | -- |
| SBI Nifty Midcap 150 Momentum 50 ETF (Regular) | −2.14% | −4.23% | −2.63% | -- | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Kotak Active Momentum vs SBI Nifty Midcap 150 Momentum 50 ETF: Year-wise Returns
| Year | Kotak Active MomentumKotak Active Momentum | SBI Nifty Midcap 150 Momentum 50 ETFSBI Nifty Midcap 150 Momentum 50 ETF |
|---|---|---|
| 2026to date | −2.46% | -- |
Kotak Active Momentum vs SBI Nifty Midcap 150 Momentum 50 ETF: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Kotak Active Momentum Fund
Kotak Active Momentum vs SBI Nifty Midcap 150 Momentum 50 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Active Momentum Fund (Direct) | SBI Nifty Midcap 150 Momentum 50 ETF (Regular) |
|---|---|---|
| Return (CAGR) | +2.57% | −2.31% |
| Standard deviation | 15.65% | 20.16% |
| Sharpe ratio | -0.17 | -0.38 |
| Sortino ratio | -0.23 | -0.52 |
| Maximum drawdown | −13.6% (23-03-2026) | −13.0% (23-10-2026) |
| Beta | 1.06 | 1.00 |
| Alpha | +4.63% | −0.43% |
From daily NAVs, 28-08-2025 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.
Kotak Active Momentum Fund (Direct)
SBI Nifty Midcap 150 Momentum 50 ETF (Regular)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Active Momentum Fund (Direct) | −13.2% | 10-08-2026 | 23-10-2026 | Not yet | -- | −10.2% |
| SBI Nifty Midcap 150 Momentum 50 ETF (Regular) | −13.0% | 31-08-2026 | 23-10-2026 | Not yet | -- | −8.9% |
| Nifty 500 TRI | −9.9% | 03-08-2026 | 23-10-2026 | Not yet | -- | −7.9% |
From daily values since 05-03-2026, the first day every fund has.
Kotak Active Momentum vs SBI Nifty Midcap 150 Momentum 50 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Active Momentum Fund, September 2026; SBI Nifty Midcap 150 Momentum 50 ETF, September 2026
Holdings in common
- Overlap
- 34.7%
- Held by both
- 17
- Only in Kotak Active Momentum
- 33
- Only in SBI Nifty Midcap 150 Momentum 50 ETF
- 33
| Security | % of Kotak Active Momentum | % of SBI Nifty Midcap 150 Momentum 50 ETF |
|---|---|---|
| Laurus Labs Ltd | 4.26% | 7.02% |
| BHARAT FORGE LTD. | 2.86% | 3.91% |
| Bharat Heavy Electricals Ltd. | 2.63% | 4.46% |
| National Aluminium Company Ltd. | 2.58% | 3.21% |
| GE VERNOVA T&D INDIA LIMITED | 2.57% | 4.29% |
| Aurobindo Pharma Ltd. | 2.67% | 2.35% |
| HITACHI ENERGY INDIA LTD. | 2.27% | 3.53% |
| Steel Authority of India Ltd. | 2.13% | 2.06% |
| MARICO LTD. | 1.99% | 2.22% |
| polycab India Limited | 1.95% | 3.03% |
| Apar Industries Ltd. | 2.72% | 1.90% |
| FSN E-Commerce Ventures Ltd. | 2.49% | 1.66% |
| Radico Khaitan Ltd. | 2.51% | 1.61% |
| Thermax Ltd. | 1.41% | 1.15% |
| L&T FINANCE LTD | 1.99% | 1.08% |
| GMR AIRPORTS LIMITED | 1.66% | 0.99% |
| AIA Engineering Limited | 1.92% | 0.76% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 34.7% means 34.7% 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 Kotak Active Momentum Fund
| Security | % of fund |
|---|---|
| Sona BLW Precision Forgings Ltd | 2.94% |
| AEGIS LOGISTICS LTD | 2.55% |
| TVS Motor Company Ltd. | 2.52% |
| ADANI ENERGY SOLUTIONS LTD. | 2.39% |
| Bajaj Auto Ltd. | 2.35% |
Largest holdings only in SBI Nifty Midcap 150 Momentum 50 ETF
| Security | % of fund |
|---|---|
| Multi Commodity Exchange of India Ltd. | 5.99% |
| The Federal Bank Ltd. | 4.60% |
| BSE Ltd. | 4.10% |
| AU Small Finance Bank Ltd. | 2.68% |
| Vodafone Idea Ltd. | 2.47% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Active Momentum | SBI Nifty Midcap 150 Momentum 50 ETF |
|---|---|---|
| Equity | 96.7% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 3.3% | 0.0% |
Market cap of stocks
| Market cap | Kotak Active Momentum | SBI Nifty Midcap 150 Momentum 50 ETF |
|---|---|---|
| Large Cap | 36.5% | 20.6% |
| Mid Cap | 57.6% | 79.3% |
| Small Cap | 2.5% | 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 | Kotak Active Momentum | SBI Nifty Midcap 150 Momentum 50 ETF |
|---|---|---|
| Pharmaceuticals & Biotechnology | 0.0% | 15.6% |
| Electrical Equipment | 11.6% | 15.3% |
| Banks | 9.8% | 12.0% |
| Capital Markets | 0.0% | 11.2% |
| Automobiles | 7.2% | 0.0% |
| Pharmaceuticals and Biotechnology | 6.9% | 0.0% |
| Finance | 6.9% | 2.7% |
| Industrial Products | 3.9% | 6.8% |
| Auto Components | 5.8% | 3.9% |
| Telecom - Services | 0.0% | 5.2% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Active Momentum vs SBI Nifty Midcap 150 Momentum 50 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Active Momentum Fund | SBI Nifty Midcap 150 Momentum 50 ETF |
|---|---|---|
| Total expense ratio (Direct) | 1.53% | Not available |
| Base expense ratio (Direct) | 0.70% | 0.00% |
| Total expense ratio (Regular) | 2.84% | 0.47% |
| Base expense ratio (Regular) | 1.81% | 0.35% |
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.
More comparisons
Each fund against the others of its category
Kotak Active Momentum Fund vs SBI Nifty Midcap 150 Momentum 50 ETF: Frequently Asked Questions
What is the difference between Kotak Active Momentum Fund and SBI Nifty Midcap 150 Momentum 50 ETF?
Kotak Active Momentum Fund is a Thematic fund, SBI Nifty Midcap 150 Momentum 50 ETF is an ETF fund, run by Kotak Mahindra Mutual Fund and SBI Mutual Fund. Their portfolios overlap 34.7%. Kotak Active Momentum Fund charges 1.53% a year and SBI Nifty Midcap 150 Momentum 50 ETF 0.47%.
Which has the lower expense ratio, Kotak Active Momentum Fund or SBI Nifty Midcap 150 Momentum 50 ETF?
SBI Nifty Midcap 150 Momentum 50 ETF charges less: 0.47% a year against 1.53%. These are the total expense ratios reported to AMFI.
How much do Kotak Active Momentum Fund and SBI Nifty Midcap 150 Momentum 50 ETF overlap?
34.7%. They hold 17 of the same securities, the largest shared ones being LAURUSLABS, BHARATFORG, BHEL. From each fund's latest monthly portfolio.
Which is riskier, Kotak Active Momentum Fund or SBI Nifty Midcap 150 Momentum 50 ETF?
On SEBI's riskometer, Kotak Active Momentum Fund is rated Very High and SBI Nifty Midcap 150 Momentum 50 ETF Very High. Over their common history, the standard deviation of daily returns was 15.65% and 20.16% a year.
Can I invest in both Kotak Active Momentum Fund and SBI Nifty Midcap 150 Momentum 50 ETF?
Yes. 34.7% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Kotak Active Momentum Fund and SBI Nifty Midcap 150 Momentum 50 ETF?
Kotak Active Momentum Fund: Rohit Tandon, Abhishek Bisen. SBI Nifty Midcap 150 Momentum 50 ETF: Viral Chhadva.
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.