Kotak Banking And Financial Services Fund vs Motilal Oswal Financial Services Fund
Direct Plan, Growth option · Data as on 30-10-2026
Kotak Banking And Financial Services Fund is a Thematic fund and Motilal Oswal Financial Services Fund is a Thematic fund. Kotak Banking And Financial Services Fund charges 0.81% a year and Motilal Oswal Financial Services Fund 1.32% (Direct plans). Their portfolios overlap 54.0%: they hold 20 of the same securities.
Kotak Banking And Financial Services Fund
Thematic
- Expense ratio
- 0.81%
- NAV
- ₹15.90
Motilal Oswal Financial Services Fund
Thematic
- Expense ratio
- 1.32%
- NAV
- ₹10.21
Which is better, Kotak Banking And Financial Services or Motilal Oswal Financial Services? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Banking And Financial Services costs less: 0.81% a year against 1.32% (Direct plans).
- Motilal Oswal Financial Services fell less in its worst fall since 20-02-2026: −11.4% against −16.5%.
- Kotak Banking And Financial Services holds more in large companies: 65.3% of the fund in large caps against 43.4%.
- Kotak Banking And Financial Services is the larger fund: ₹1,448 Cr against ₹209 Cr.
- Their portfolios overlap 54.0%: 20 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 Banking And Financial Services Fund | Motilal Oswal Financial Services Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹1,448 Cr (30-09-2026) | ₹209 Cr (30-09-2026) |
| NAV | ₹15.90 (Direct) | ₹10.21 (Direct) |
| Expense ratio (Direct) | 0.81% | 1.32% |
| Expense ratio (Regular) | 2.25% | 2.70% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty Financial Services TRI | Not available |
| Launch date | 27-02-2023 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Shibani Sircar Kurian, Abhishek Bisen | Not available |
| Exit load | 0.5% for redemption within 30 Days | Not available |
Kotak Banking And Financial Services vs Motilal Oswal Financial Services: 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 Banking And Financial Services Fund (Direct) | −1.46% | −7.32% | −2.26% | −4.49% | +11.87% | -- | -- |
| Motilal Oswal Financial Services Fund (Direct) | −0.10% | −2.96% | +3.29% | -- | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | -- | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Kotak Banking And Financial Services vs Motilal Oswal Financial Services: Year-wise Returns
| Year | Kotak Banking AndKotak Banking And Financial Services | Motilal OswalMotilal Oswal Financial Services | Nifty Financial Services TRI |
|---|---|---|---|
| 2026to date | −5.92% | -- | −9.69% |
| 2025 | +15.92% | -- | +18.60% |
| 2024 | +14.11% | -- | +10.52% |
Kotak Banking And Financial Services vs Motilal Oswal Financial Services: Rolling Returns
Every holding period of both funds, against Nifty Financial Services TRI, the benchmark of both
Kotak Banking And Financial Services vs Motilal Oswal Financial Services: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Banking And Financial Services Fund (Direct) | Motilal Oswal Financial Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.36% | +3.00% |
| Standard deviation | 15.60% | 19.80% |
| Sharpe ratio | 0.46 | -0.11 |
| Sortino ratio | 0.65 | -0.16 |
| Maximum drawdown | −16.7% (30-03-2026) | −11.4% (30-03-2026) |
| Beta | 0.97 | 0.94 |
| Alpha | +3.86% | +18.12% |
From daily NAVs, 06-03-2023 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.
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 Banking And Financial Services Fund (Direct)
Motilal Oswal Financial Services Fund (Direct)
Nifty Financial Services TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Banking And Financial Services Fund (Direct) | −16.5% | 23-02-2026 | 30-03-2026 | 13-07-2026 | 3 months | −9.5% |
| Motilal Oswal Financial Services Fund (Direct) | −11.4% | 20-02-2026 | 30-03-2026 | 17-04-2026 | 18 days | −7.5% |
| Nifty Financial Services TRI | −17.3% | 23-02-2026 | 30-03-2026 | Not yet | -- | −12.4% |
From daily values since 20-02-2026, the first day every fund has.
Kotak Banking And Financial Services vs Motilal Oswal Financial Services: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Banking And Financial Services Fund, September 2026; Motilal Oswal Financial Services Fund, September 2026
Holdings in common
- Overlap
- 54.0%
- Held by both
- 20
- Only in Kotak Banking And Financial Services
- 15
- Only in Motilal Oswal Financial Services
- 9
| Security | % of Kotak Banking And Financial Services | % of Motilal Oswal Financial Services |
|---|---|---|
| STATE BANK OF INDIA. | 8.31% | 6.56% |
| ICICI BANK LTD. | 12.67% | 6.31% |
| BAJAJ FINANCE LTD. | 6.04% | 4.69% |
| KOTAK MAHINDRA BANK LTD. | 3.69% | 3.86% |
| HDFC BANK LTD. | 11.28% | 3.39% |
| SHRIRAM FINANCE LIMITED | 4.83% | 2.82% |
| CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD. | 2.52% | 3.82% |
| INDUSIND BANK LTD. | 2.51% | 3.58% |
| AXIS BANK LTD. | 7.36% | 2.36% |
| KARUR VYSYA BANK LTD. | 2.32% | 2.48% |
| BSE LTD | 2.11% | 2.22% |
| INDIAN BANK | 2.05% | 2.44% |
| JAMMU KASHMIR BANK LTD | 1.99% | 2.21% |
| PIRAMAL FINANCE LTD | 1.97% | 1.95% |
| BILLIONBRAINS GARAGE VENTURES LIMITED (GROWW) | 2.27% | 1.78% |
| RBL BANK LTD. | 1.76% | 3.37% |
| PINE LABS LTD. | 1.73% | 2.22% |
| Prudent Corporate Advisory Services Ltd. | 1.26% | 3.10% |
| One 97 Communications Ltd | 1.25% | 3.89% |
| SBI FUNDS MANAGEMENT LIMITED | 1.86% | 0.92% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 54.0% means 54.0% 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 Banking And Financial Services Fund
| Security | % of fund |
|---|---|
| POONAWALLA FINCORP LIMITED | 2.52% |
| Ujjivan Small Finance Bank Ltd. | 2.40% |
| BANK OF MAHARASHTRA | 2.17% |
| L&T FINANCE LTD | 1.89% |
| SBI Life Insurance Company Ltd | 1.86% |
Largest holdings only in Motilal Oswal Financial Services Fund
| Security | % of fund |
|---|---|
| Multi Commodity Exchange of India Limited | 5.75% |
| Muthoot Finance Limited | 3.14% |
| Moneyview Limited | 3.13% |
| PNB Housing Finance Limited | 2.67% |
| Onemi Technology Solutions Limited | 2.47% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Banking And Financial Services | Motilal Oswal Financial Services |
|---|---|---|
| Equity | 98.8% | 88.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.2% | 11.1% |
Market cap of stocks
| Market cap | Kotak Banking And Financial Services | Motilal Oswal Financial Services |
|---|---|---|
| Large Cap | 65.3% | 43.4% |
| Mid Cap | 14.9% | 21.4% |
| Small Cap | 16.1% | 20.0% |
| Not on AMFI's list | 2.6% | 4.0% |
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 Banking And Financial Services | Motilal Oswal Financial Services |
|---|---|---|
| Banks | 60.0% | 38.7% |
| Finance | 21.4% | 23.4% |
| Capital Markets | 11.7% | 15.3% |
| Financial Technology (Fintech) | 3.0% | 9.2% |
| Insurance | 2.7% | 2.3% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Banking And Financial Services vs Motilal Oswal Financial Services: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Banking And Financial Services Fund | Motilal Oswal Financial Services Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.81% | 1.32% |
| Base expense ratio (Direct) | 0.60% | 0.78% |
| Total expense ratio (Regular) | 2.25% | 2.70% |
| Base expense ratio (Regular) | 1.82% | 2.10% |
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
Compare Kotak Banking And Financial Services with
- Kotak Banking And Financial Services vs Nippon India Taiwan Equity
- Kotak Banking And Financial Services vs HDFC Defence
- Kotak Banking And Financial Services vs HDFC Pharma and Healthcare
- Kotak Banking And Financial Services vs SBI Healthcare Opportunities
- Kotak Banking And Financial Services vs Aditya Birla Sun Life International Equity
Compare Motilal Oswal Financial Services with
- Motilal Oswal Financial Services vs Nippon India Taiwan Equity
- Motilal Oswal Financial Services vs HDFC Defence
- Motilal Oswal Financial Services vs HDFC Pharma and Healthcare
- Motilal Oswal Financial Services vs SBI Healthcare Opportunities
- Motilal Oswal Financial Services vs Aditya Birla Sun Life International Equity
Kotak Banking And Financial Services Fund vs Motilal Oswal Financial Services Fund: Frequently Asked Questions
What is the difference between Kotak Banking And Financial Services Fund and Motilal Oswal Financial Services Fund?
Kotak Banking And Financial Services Fund is a Thematic fund, Motilal Oswal Financial Services Fund is a Thematic fund, run by Kotak Mahindra Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 54.0%. Kotak Banking And Financial Services Fund charges 0.81% a year and Motilal Oswal Financial Services Fund 1.32%.
Which has the lower expense ratio, Kotak Banking And Financial Services Fund or Motilal Oswal Financial Services Fund?
Kotak Banking And Financial Services Fund charges less: 0.81% a year against 1.32%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak Banking And Financial Services Fund and Motilal Oswal Financial Services Fund overlap?
54.0%. They hold 20 of the same securities, the largest shared ones being SBIN, ICICIBANK, BAJFINANCE. From each fund's latest monthly portfolio.
Can I invest in both Kotak Banking And Financial Services Fund and Motilal Oswal Financial Services Fund?
Yes. 54.0% of each fund's money sits in the same holdings, so a large part 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.