Kotak Dividend Yield Fund vs SBI BSE 100 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Kotak Dividend Yield Fund is a Dividend Yield fund and SBI BSE 100 ETF is a mutual fund. Kotak Dividend Yield Fund charges 1.14% a year and SBI BSE 100 ETF 0.16%. Their portfolios overlap 47.6%: they hold 40 of the same securities.
Which is better, Kotak Dividend Yield or SBI BSE 100 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 BSE 100 ETF costs less: 0.16% a year against 1.14%.
- Kotak Dividend Yield fell less in its worst fall since 03-02-2026: −12.3% against −13.9%.
- SBI BSE 100 ETF holds more in large companies: 90.2% of the fund in large caps against 64.7%.
- Kotak Dividend Yield is the larger fund: ₹273 Cr against ₹9 Cr.
- Their portfolios overlap 47.6%: 40 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 Dividend Yield Fund | SBI BSE 100 ETF |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | SBI Mutual Fund |
| Category | Dividend Yield | Not available |
| AUM | ₹273 Cr (30-09-2026) | ₹9 Cr (30-09-2026) |
| NAV | ₹9.18 (Direct) | ₹272.01 (Regular) |
| Expense ratio (Direct) | 1.14% | Not available |
| Expense ratio (Regular) | 2.57% | 0.16% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty 500 TRI | Not available |
| Launch date | 27-01-2026 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Shibani Sircar Kurian, Abhishek Bisen | Not available |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 Year. | Not available |
Kotak Dividend Yield vs SBI BSE 100 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 Dividend Yield Fund (Direct) | −0.42% | −6.96% | −4.01% | -- | -- | -- | -- |
| SBI BSE 100 ETF (Regular) | +0.93% | −5.53% | −2.97% | −9.05% | +8.78% | +7.62% | +11.52% |
| Dividend Yield average | −1.57% | −5.69% | −3.24% | -- | -- | -- | -- |
Category average: the average of the 12 Dividend Yield funds, same plan type.
Kotak Dividend Yield vs SBI BSE 100 ETF: Year-wise Returns
| Year | Kotak Dividend YieldKotak Dividend Yield | SBI BSE 100 ETFSBI BSE 100 ETF |
|---|---|---|
| 2026to date | -- | −9.80% |
| 2025 | -- | +10.33% |
| 2024 | -- | +13.11% |
| 2023 | -- | +23.07% |
| 2022 | -- | +5.85% |
| 2021 | -- | +26.33% |
Kotak Dividend Yield vs SBI BSE 100 ETF: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Kotak Dividend Yield Fund
Kotak Dividend Yield vs SBI BSE 100 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Dividend Yield Fund (Direct) | SBI BSE 100 ETF (Regular) |
|---|---|---|
| Return (CAGR) | −11.19% | +10.40% |
| Standard deviation | 14.22% | 15.99% |
| Sharpe ratio | -1.15 | 0.30 |
| Sortino ratio | -1.49 | 0.40 |
| Maximum drawdown | −12.3% (30-03-2026) | −38.2% (23-03-2020) |
| Beta | 0.90 | 1.00 |
| Alpha | −4.62% | −0.44% |
From daily NAVs, 03-02-2026 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.
Kotak Dividend Yield Fund (Direct)
SBI BSE 100 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 Dividend Yield Fund (Direct) | −12.3% | 18-02-2026 | 30-03-2026 | Not yet | -- | −9.2% |
| SBI BSE 100 ETF (Regular) | −13.9% | 11-02-2026 | 31-03-2026 | Not yet | -- | −9.4% |
| Nifty 500 TRI | −13.6% | 11-02-2026 | 30-03-2026 | 03-08-2026 | 4 months | −7.9% |
From daily values since 03-02-2026, the first day every fund has.
Kotak Dividend Yield vs SBI BSE 100 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Dividend Yield Fund, September 2026; SBI BSE 100 ETF, September 2026
Holdings in common
- Overlap
- 47.6%
- Held by both
- 40
- Only in Kotak Dividend Yield
- 17
- Only in SBI BSE 100 ETF
- 60
| Security | % of Kotak Dividend Yield | % of SBI BSE 100 ETF |
|---|---|---|
| HDFC BANK LTD. | 5.55% | 8.26% |
| ICICI BANK LTD. | 4.94% | 7.24% |
| RELIANCE INDUSTRIES LTD. | 2.62% | 6.01% |
| BHARTI AIRTEL LTD. | 2.62% | 4.18% |
| Larsen and Toubro Ltd. | 2.54% | 3.35% |
| STATE BANK OF INDIA. | 2.51% | 3.04% |
| AXIS BANK LTD. | 1.81% | 2.68% |
| SUN PHARMACEUTICAL INDUSTRIES LTD. | 2.16% | 1.50% |
| Infosys Ltd. | 1.45% | 2.68% |
| TITAN COMPANY LTD. | 1.48% | 1.43% |
| TATA CONSULTANCY SERVICES LTD. | 1.19% | 1.58% |
| Maruti Suzuki India Limited | 1.65% | 1.18% |
| NTPC LTD | 2.20% | 1.17% |
| Tata Steel Ltd. | 1.51% | 1.16% |
| BAJAJ FINANCE LTD. | 1.15% | 1.96% |
| Bharat Electronics Ltd. | 1.42% | 1.07% |
| SHRIRAM FINANCE LIMITED | 1.95% | 1.04% |
| Hindalco Industries Ltd. | 1.02% | 1.03% |
| Ultratech Cement Ltd. | 1.68% | 0.98% |
| Power Grid Corporation of India Ltd. | 1.43% | 0.91% |
| Mahindra & Mahindra Ltd. | 0.90% | 2.01% |
| Coal India Limited | 0.90% | 0.78% |
| Tech Mahindra Ltd. | 1.17% | 0.75% |
| TVS Motor Company Ltd. | 1.96% | 0.73% |
| Apollo Hospitals Enterprise Ltd. | 2.01% | 0.63% |
| CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD. | 1.69% | 0.54% |
| Max Healthcare Institute Ltd. | 2.03% | 0.52% |
| Hero MotoCorp Ltd. | 0.74% | 0.51% |
| INDUSIND BANK LTD. | 2.00% | 0.45% |
| Persistent Systems Limited | 1.16% | 0.44% |
| Britannia Industries Ltd. | 1.36% | 0.43% |
| Oil And Natural Gas Corporation Ltd. | 0.41% | 0.67% |
| Indus Towers Ltd. | 1.84% | 0.37% |
| Power Finance Corporation Ltd. | 0.89% | 0.36% |
| HDFC ASSET MANAGEMENT COMPANY LTD. | 1.51% | 0.35% |
| GAIL (India) Ltd. | 1.00% | 0.35% |
| BANK OF BARODA | 1.08% | 0.33% |
| Ashok Leyland Ltd. | 0.86% | 0.33% |
| DLF LIMITED | 0.84% | 0.33% |
| United Spirits Ltd | 1.49% | 0.30% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 47.6% means 47.6% 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 Dividend Yield Fund
| Security | % of fund |
|---|---|
| Schaeffler India Ltd | 2.74% |
| Solar Industries India Limited | 2.64% |
| BANK OF MAHARASHTRA | 2.39% |
| KARUR VYSYA BANK LTD. | 2.38% |
| Ujjivan Small Finance Bank Ltd. | 2.15% |
Largest holdings only in SBI BSE 100 ETF
| Security | % of fund |
|---|---|
| Kotak Mahindra Bank Ltd. | 2.34% |
| ITC Ltd. | 1.94% |
| Eternal Ltd. | 1.76% |
| Hindustan Unilever Ltd. | 1.28% |
| Adani Ports and Special Economic Zone Ltd. | 1.07% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Dividend Yield | SBI BSE 100 ETF |
|---|---|---|
| Equity | 94.1% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 5.9% | 0.0% |
Market cap of stocks
| Market cap | Kotak Dividend Yield | SBI BSE 100 ETF |
|---|---|---|
| Large Cap | 64.7% | 90.2% |
| Mid Cap | 22.9% | 9.7% |
| Small Cap | 6.5% | 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 Dividend Yield | SBI BSE 100 ETF |
|---|---|---|
| Banks | 24.8% | 26.7% |
| Finance | 8.3% | 5.8% |
| IT - Software | 5.0% | 7.5% |
| Petroleum Products | 3.2% | 6.8% |
| Automobiles | 5.3% | 6.5% |
| Pharmaceuticals and Biotechnology | 6.2% | 0.0% |
| Healthcare Services | 6.1% | 1.1% |
| Telecom - Services | 4.5% | 4.5% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Dividend Yield vs SBI BSE 100 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Dividend Yield Fund | SBI BSE 100 ETF |
|---|---|---|
| Total expense ratio (Direct) | 1.14% | Not available |
| Base expense ratio (Direct) | 0.90% | 0.00% |
| Total expense ratio (Regular) | 2.57% | 0.16% |
| Base expense ratio (Regular) | 2.10% | 0.12% |
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 Dividend Yield Fund vs SBI BSE 100 ETF: Frequently Asked Questions
What is the difference between Kotak Dividend Yield Fund and SBI BSE 100 ETF?
Kotak Dividend Yield Fund is a Dividend Yield fund, SBI BSE 100 ETF is a mutual fund, run by Kotak Mahindra Mutual Fund and SBI Mutual Fund. Their portfolios overlap 47.6%. Kotak Dividend Yield Fund charges 1.14% a year and SBI BSE 100 ETF 0.16%.
Which has the lower expense ratio, Kotak Dividend Yield Fund or SBI BSE 100 ETF?
SBI BSE 100 ETF charges less: 0.16% a year against 1.14%. These are the total expense ratios reported to AMFI.
How much do Kotak Dividend Yield Fund and SBI BSE 100 ETF overlap?
47.6%. They hold 40 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Can I invest in both Kotak Dividend Yield Fund and SBI BSE 100 ETF?
Yes. 47.6% 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.