Kotak ESG Exclusionary Strategy Fund vs Nippon India Taiwan Equity Fund
Direct Plan, Growth option · Data as on 30-10-2026
Kotak ESG Exclusionary Strategy Fund is a Thematic fund and Nippon India Taiwan Equity Fund is a Thematic fund. In the 3 years to 30-10-2026, Kotak ESG Exclusionary Strategy Fund (Direct) returned 8.9% a year and Nippon India Taiwan Equity Fund (Direct) returned 54.8% a year. Kotak ESG Exclusionary Strategy Fund charges 1.15% a year and Nippon India Taiwan Equity Fund 1.08% (Direct plans). Their portfolios overlap 0.0%: they hold 0 of the same securities.
Kotak ESG Exclusionary Strategy Fund
Thematic
- 3 year return
- 8.9%
- Expense ratio
- 1.15%
- NAV
- ₹17.48
Nippon India Taiwan Equity Fund
Thematic
- 3 year return
- 54.8%
- Expense ratio
- 1.08%
- NAV
- ₹31.86
Which is better, Kotak ESG Exclusionary Strategy or Nippon India Taiwan Equity? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India Taiwan Equity returned more over 3 years: 54.8% a year against 8.9%.
- Nippon India Taiwan Equity returned more over 1 year: 75.7% against −8.3%.
- Nippon India Taiwan Equity costs less: 1.08% a year against 1.15% (Direct plans).
- Kotak ESG Exclusionary Strategy swung less over 3 years: a standard deviation of 13.7% a year against 35.3%.
- Kotak ESG Exclusionary Strategy fell less in its worst fall since 14-12-2021: −21.9% against −44.8%.
- Nippon India Taiwan Equity holds 90.8% of the fund in foreign stocks; Kotak ESG Exclusionary Strategy 0.0%.
- Kotak ESG Exclusionary Strategy holds more in large companies: 75.0% of the fund in large caps against 0.0%.
- Nippon India Taiwan Equity is the larger fund: ₹1,147 Cr against ₹685 Cr.
- Their portfolios overlap 0.0%: 0 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 ESG Exclusionary Strategy Fund | Nippon India Taiwan Equity Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Nippon India Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹685 Cr (30-09-2026) | ₹1,147 Cr (30-09-2026) |
| NAV | ₹17.48 (Direct) | ₹31.86 (Direct) |
| Expense ratio (Direct) | 1.15% | 1.08% |
| Expense ratio (Regular) | 2.50% | 2.36% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 100 ESG TRI | Taiwan Capitalization Weighted Stock Index (TAIEX) |
| Launch date | 11-12-2020 | 11-12-2021 |
| Minimum investment | ₹100 | 500; Note - Lumpsum subscription under the Scheme is suspended temporarily with effect from February 26, 2024 |
| Lock in | None | None |
| Fund managers | Mandar Pawar | Kinjal Desai |
| Exit load | 0.5% for redemption within 90 Days | 1% if redeemed or switched out on or before completion of 3 months from the date of allotment of units. Nil, thereafter |
Kotak ESG Exclusionary Strategy vs Nippon India Taiwan Equity: 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 ESG Exclusionary Strategy Fund (Direct) | +0.32% | −5.69% | −1.67% | −8.34% | +8.91% | +6.97% | -- |
| Nippon India Taiwan Equity Fund (Direct) | −16.05% | +11.27% | −9.87% | +75.71% | +54.78% | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Kotak ESG Exclusionary Strategy vs Nippon India Taiwan Equity: Year-wise Returns
| Year | Kotak ESG Exclusionary StrategyKotak ESG Exclusionary Strategy | Nippon India Taiwan EquityNippon India Taiwan Equity |
|---|---|---|
| 2026to date | −9.00% | +66.72% |
| 2025 | +9.57% | +52.84% |
| 2024 | +13.89% | +25.96% |
| 2023 | +22.47% | +46.55% |
| 2022 | +0.30% | −33.29% |
| 2021 | +24.04% | -- |
Kotak ESG Exclusionary Strategy vs Nippon India Taiwan Equity: Rolling Returns
Every holding period of both funds, against NIFTY100 ESG TRI, the benchmark of Kotak ESG Exclusionary Strategy Fund
Rolling returns
Every 3-year holding period, 462 of them, one for each trading day from 16-12-2024 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.
Kotak ESG Exclusionary Strategy Fund (Direct)
Nippon India Taiwan Equity Fund (Direct)
NIFTY100 ESG TRI
to
Feb 2025Jun 2022
to
Jun 2025Sept 2022
to
Sept 2025Jan 2023
to
Jan 2026May 2023
to
May 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 | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Kotak ESG Exclusionary Strategy | 0.0 | 0.0 | 10.2 | 52.2 | 34.6 | 3.0 | 0.0 | 13.6% | 14.0% | 6.7% | 21.1% | 52% |
| Nippon India Taiwan Equity | 0.5 | 2.5 | 13.1 | 9.0 | 1.6 | 3.5 | 69.8 | 36.8% | 38.9% | −3.0% | 69.5% | 76% |
| NIFTY100 ESG TRI | 0.0 | 0.0 | 10.0 | 60.4 | 29.7 | 0.0 | 0.0 | 13.5% | 13.5% | 7.9% | 19.2% | -- |
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. The benchmark is NIFTY100 ESG TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 14-12-2021. Past returns do not promise future returns.
Kotak ESG Exclusionary Strategy vs Nippon India Taiwan Equity: 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 01-12-2021 to 30-10-2026: 59 instalments, ₹5,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak ESG Exclusionary StrategyKotak ESG Exclusionary Strategy Fund (Direct) | ₹5,90,000 | ₹6,87,928 | ₹97,928 | 6.2% |
| Nippon India Taiwan EquityNippon India Taiwan Equity Fund (Direct) | ₹5,90,000 | ₹17,24,248 | ₹11,34,248 | 45.5% |
Kotak ESG Exclusionary StrategyKotak ESG Exclusionary Strategy Fund (Direct)
Nippon India Taiwan EquityNippon India Taiwan Equity 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.
Kotak ESG Exclusionary Strategy vs Nippon India Taiwan Equity: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak ESG Exclusionary Strategy Fund (Direct) | Nippon India Taiwan Equity Fund (Direct) |
|---|---|---|
| Return (CAGR) | −8.34% | +75.71% |
| Standard deviation | 14.42% | 40.75% |
| Sharpe ratio | -0.94 | 1.73 |
| Sortino ratio | -1.27 | 2.48 |
| Maximum drawdown | −14.7% (30-03-2026) | −29.6% (30-07-2026) |
| Beta | 0.98 | -- |
| Alpha | −2.74% | -- |
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 | Kotak ESG Exclusionary Strategy Fund (Direct) | Nippon India Taiwan Equity Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.91% | +54.78% |
| Standard deviation | 13.68% | 35.27% |
| Sharpe ratio | 0.21 | 1.38 |
| Sortino ratio | 0.29 | 2.03 |
| Maximum drawdown | −17.9% (28-02-2025) | −37.6% (09-04-2025) |
| Beta | 0.96 | -- |
| Alpha | −1.47% | -- |
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 | Kotak ESG Exclusionary Strategy Fund (Direct) | Nippon India Taiwan Equity Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.96% | +27.46% |
| Standard deviation | 13.83% | 32.62% |
| Sharpe ratio | 0.33 | 0.66 |
| Sortino ratio | 0.45 | 0.95 |
| Maximum drawdown | −21.9% (20-06-2022) | −44.8% (25-10-2022) |
| Beta | 0.94 | -- |
| Alpha | −1.04% | -- |
From daily NAVs, 18-12-2020 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 ESG Exclusionary Strategy Fund (Direct)
Nippon India Taiwan Equity Fund (Direct)
NIFTY100 ESG TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak ESG Exclusionary Strategy Fund (Direct) | −21.9% | 17-01-2022 | 20-06-2022 | 30-06-2023 | 12 months | −10.3% |
| Nippon India Taiwan Equity Fund (Direct) | −44.8% | 04-01-2022 | 25-10-2022 | 23-01-2024 | 15 months | −21.7% |
| NIFTY100 ESG TRI | −19.9% | 17-01-2022 | 17-06-2022 | 14-07-2023 | 13 months | −8.8% |
From daily values since 14-12-2021, 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.
Kotak ESG Exclusionary Strategy Fund (Direct)
Nippon India Taiwan Equity Fund (Direct)
NIFTY100 ESG TRI
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.
Kotak ESG Exclusionary Strategy Fund (Direct)
Nippon India Taiwan Equity Fund (Direct)
NIFTY100 ESG TRI
Against NIFTY100 ESG TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Kotak ESG Exclusionary Strategy Fund (Direct) | 97% | 97% | 4.06% |
| Nippon India Taiwan Equity Fund (Direct) | 84% | -61% | 36.57% |
From month-end values since 14-12-2021. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Kotak ESG Exclusionary Strategy vs Nippon India Taiwan Equity: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak ESG Exclusionary Strategy Fund, September 2026; Nippon India Taiwan Equity Fund, September 2026
Holdings in common
- Overlap
- 0.0%
- Held by both
- 0
- Only in Kotak ESG Exclusionary Strategy
- 46
- Only in Nippon India Taiwan Equity
- 0
Overlap: for each holding both funds own, the smaller of its two weights, added up. 0.0% means 0.0% 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 ESG Exclusionary Strategy Fund
| Security | % of fund |
|---|---|
| BHARTI AIRTEL LTD. | 7.70% |
| ICICI BANK LTD. | 6.95% |
| HDFC BANK LTD. | 5.28% |
| AXIS BANK LTD. | 4.83% |
| Larsen and Toubro Ltd. | 4.45% |
Largest holdings only in Nippon India Taiwan Equity Fund
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak ESG Exclusionary Strategy | Nippon India Taiwan Equity |
|---|---|---|
| Equity | 98.7% | 90.8% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.3% | 9.2% |
Market cap of stocks
| Market cap | Kotak ESG Exclusionary Strategy | Nippon India Taiwan Equity |
|---|---|---|
| Large Cap | 75.0% | 0.0% |
| Mid Cap | 17.7% | 0.0% |
| Small Cap | 5.9% | 0.0% |
| Foreign stocks | 0.0% | 90.8% |
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 ESG Exclusionary Strategy | Nippon India Taiwan Equity |
|---|---|---|
| Semiconductors | 0.0% | 31.5% |
| Electronic Components | 0.0% | 25.1% |
| Banks | 22.7% | 0.0% |
| Semiconductor Materials & Equipment | 0.0% | 11.8% |
| Finance | 10.2% | 0.0% |
| Retailing | 9.2% | 0.0% |
| Telecom - Services | 8.9% | 0.0% |
| Electronic Equipment & Instruments | 0.0% | 8.2% |
| IT - Software | 8.0% | 0.0% |
| Auto Components | 6.0% | 0.0% |
| Communications Equipment | 0.0% | 5.1% |
| Technology Hardware, Storage & Peripherals | 0.0% | 4.8% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak ESG Exclusionary Strategy vs Nippon India Taiwan Equity: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak ESG Exclusionary Strategy Fund | Nippon India Taiwan Equity Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.15% | 1.08% |
| Base expense ratio (Direct) | 0.90% | 0.80% |
| Total expense ratio (Regular) | 2.50% | 2.36% |
| Base expense ratio (Regular) | 2.04% | 1.92% |
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 ESG Exclusionary Strategy with
Kotak ESG Exclusionary Strategy Fund vs Nippon India Taiwan Equity Fund: Frequently Asked Questions
What is the difference between Kotak ESG Exclusionary Strategy Fund and Nippon India Taiwan Equity Fund?
Kotak ESG Exclusionary Strategy Fund is a Thematic fund, Nippon India Taiwan Equity Fund is a Thematic fund, run by Kotak Mahindra Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 0.0%. Kotak ESG Exclusionary Strategy Fund charges 1.15% a year and Nippon India Taiwan Equity Fund 1.08%.
Which has given higher returns, Kotak ESG Exclusionary Strategy Fund or Nippon India Taiwan Equity Fund?
Over 1 year: Kotak ESG Exclusionary Strategy Fund −8.34%, Nippon India Taiwan Equity Fund +75.71%. Over 3 years: Kotak ESG Exclusionary Strategy Fund +8.91% a year, Nippon India Taiwan Equity Fund +54.78% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak ESG Exclusionary Strategy Fund or Nippon India Taiwan Equity Fund?
Nippon India Taiwan Equity Fund charges less: 1.08% a year against 1.15%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak ESG Exclusionary Strategy Fund and Nippon India Taiwan Equity Fund overlap?
0.0%. They hold 0 of the same securities. From each fund's latest monthly portfolio.
Which is riskier, Kotak ESG Exclusionary Strategy Fund or Nippon India Taiwan Equity Fund?
On SEBI's riskometer, Kotak ESG Exclusionary Strategy Fund is rated Very High and Nippon India Taiwan Equity Fund Very High. Over 3 years, the standard deviation of daily returns was 13.68% and 35.27% a year.
Which is better for SIP, Kotak ESG Exclusionary Strategy Fund or Nippon India Taiwan Equity Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,73,931 in Kotak ESG Exclusionary Strategy Fund (XIRR 0.7% a year) and ₹8,42,956 in Nippon India Taiwan Equity Fund (XIRR 59.7% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Kotak ESG Exclusionary Strategy Fund and Nippon India Taiwan Equity Fund?
Yes. 0.0% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages Kotak ESG Exclusionary Strategy Fund and Nippon India Taiwan Equity Fund?
Kotak ESG Exclusionary Strategy Fund: Mandar Pawar. Nippon India Taiwan Equity Fund: Kinjal Desai.
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.