Kotak Nifty 200 Momentum 30 Index Fund vs Motilal Oswal Nifty 200 Momentum 30 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Kotak Nifty 200 Momentum 30 Index Fund is an Index fund and Motilal Oswal Nifty 200 Momentum 30 ETF is an ETF fund. In the 3 years to 30-10-2026, Kotak Nifty 200 Momentum 30 Index Fund (Direct) returned 8.9% a year and Motilal Oswal Nifty 200 Momentum 30 ETF returned 8.8% a year. Kotak Nifty 200 Momentum 30 Index Fund charges 0.68% a year and Motilal Oswal Nifty 200 Momentum 30 ETF 0.84%. Their portfolios overlap 100.0%: they hold 30 of the same securities.
Kotak Nifty 200 Momentum 30 Index Fund
Index
- 3 year return
- 8.9%
- Expense ratio
- 0.68%
- NAV
- ₹13.67
Motilal Oswal Nifty 200 Momentum 30 ETF
ETF
- 3 year return
- 8.8%
- Expense ratio
- 0.84%
- NAV
- ₹57.89
Which is better, Kotak Nifty 200 Momentum 30 Index or Motilal Oswal Nifty 200 Momentum 30 ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Nifty 200 Momentum 30 Index returned more over 3 years: 8.9% a year against 8.8%.
- Kotak Nifty 200 Momentum 30 Index returned more over 1 year: −9.5% against −9.8%.
- Kotak Nifty 200 Momentum 30 Index costs less: 0.68% a year against 0.84%.
- Kotak Nifty 200 Momentum 30 Index swung less over 3 years: a standard deviation of 19.6% a year against 19.7%.
- Kotak Nifty 200 Momentum 30 Index fell less in its worst fall since 20-06-2023: −31.6% against −31.7%.
- Kotak Nifty 200 Momentum 30 Index is the larger fund: ₹562 Cr against ₹115 Cr.
- Their portfolios overlap 100.0%: 30 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 Nifty 200 Momentum 30 Index Fund | Motilal Oswal Nifty 200 Momentum 30 ETF |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Index | ETF |
| AUM | ₹562 Cr (30-09-2026) | ₹115 Cr (30-09-2026) |
| NAV | ₹13.67 (Direct) | ₹57.89 |
| Expense ratio (Direct) | 0.68% | Not available |
| Expense ratio (Regular) | 1.16% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty200 Momentum 30 TRI | Nifty200 Momentum 30 TRI |
| Launch date | 15-06-2023 | 10-02-2022 |
| Minimum investment | ₹100 | ₹500 |
| Lock in | None | None |
| Fund managers | Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar | Swapnil Mayekar, Rakesh Shetty |
| Exit load | Nil | Yes |
Kotak Nifty 200 Momentum 30 Index vs Motilal Oswal Nifty 200 Momentum 30 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 Nifty 200 Momentum 30 Index Fund (Direct) | −3.13% | −4.94% | −4.96% | −9.50% | +8.92% | -- | -- |
| Motilal Oswal Nifty 200 Momentum 30 ETF | −3.14% | −4.96% | −5.04% | −9.77% | +8.80% | -- | -- |
Kotak Nifty 200 Momentum 30 Index vs Motilal Oswal Nifty 200 Momentum 30 ETF: Year-wise Returns
| Year | Kotak Nifty 200 Momentum 30 IndexKotak Nifty 200 Momentum 30 Index | Motilal Oswal Nifty 200 Momentum 30 ETFMotilal Oswal Nifty 200 Momentum 30 ETF | Nifty200 Momentum 30 TRI |
|---|---|---|---|
| 2026to date | −7.94% | −7.99% | −7.62% |
| 2025 | −4.75% | −5.44% | −4.57% |
| 2024 | +21.04% | +20.81% | +21.33% |
| 2023 | -- | +41.19% | +41.71% |
Kotak Nifty 200 Momentum 30 Index vs Motilal Oswal Nifty 200 Momentum 30 ETF: Rolling Returns
Every holding period of both funds, against Nifty200 Momentum 30 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 89 of them, one for each trading day from 22-06-2026 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 Nifty 200 Momentum 30 Index Fund (Direct)
Motilal Oswal Nifty 200 Momentum 30 ETF
Nifty200 Momentum 30 TRI
to
Jul 2026Jul 2023
to
Jul 2026Aug 2023
to
Aug 2026Sept 2023
to
Sept 2026Sept 2023
to
Sept 2026Oct 2023
to
Oct 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 Nifty 200 Momentum 30 Index | 0.0 | 0.0 | 29.2 | 70.8 | 0.0 | 0.0 | 0.0 | 11.3% | 11.9% | 7.2% | 14.5% | 0% |
| Motilal Oswal Nifty 200 Momentum 30 ETF | 0.0 | 0.0 | 30.3 | 69.7 | 0.0 | 0.0 | 0.0 | 11.2% | 11.8% | 7.1% | 14.6% | 0% |
| Nifty200 Momentum 30 TRI | 0.0 | 0.0 | 25.8 | 69.7 | 4.5 | 0.0 | 0.0 | 11.9% | 12.5% | 7.7% | 15.3% | -- |
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 Nifty200 Momentum 30 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 20-06-2023. Past returns do not promise future returns.
Kotak Nifty 200 Momentum 30 Index vs Motilal Oswal Nifty 200 Momentum 30 ETF: 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 20-06-2023 to 30-10-2026: 41 instalments, ₹4,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak Nifty 200 Momentum 30 IndexKotak Nifty 200 Momentum 30 Index Fund (Direct) | ₹4,10,000 | ₹4,03,511 | −₹6,489 | −0.9% |
| Motilal Oswal Nifty 200 Momentum 30 ETFMotilal Oswal Nifty 200 Momentum 30 ETF | ₹4,10,000 | ₹4,02,375 | −₹7,625 | −1.1% |
Kotak Nifty 200 Momentum 30 IndexKotak Nifty 200 Momentum 30 Index Fund (Direct)
Motilal Oswal Nifty 200 Momentum 30 ETFMotilal Oswal Nifty 200 Momentum 30 ETF
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 Nifty 200 Momentum 30 Index vs Motilal Oswal Nifty 200 Momentum 30 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Nifty 200 Momentum 30 Index Fund (Direct) | Motilal Oswal Nifty 200 Momentum 30 ETF |
|---|---|---|
| Return (CAGR) | −9.50% | −9.77% |
| Standard deviation | 19.18% | 19.37% |
| Sharpe ratio | -0.77 | -0.78 |
| Sortino ratio | -1.04 | -1.05 |
| Maximum drawdown | −16.1% (30-03-2026) | −16.3% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.49% | −0.75% |
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 Nifty 200 Momentum 30 Index Fund (Direct) | Motilal Oswal Nifty 200 Momentum 30 ETF |
|---|---|---|
| Return (CAGR) | +8.92% | +8.80% |
| Standard deviation | 19.59% | 19.74% |
| Sharpe ratio | 0.15 | 0.14 |
| Sortino ratio | 0.20 | 0.19 |
| Maximum drawdown | −31.6% (07-04-2025) | −31.7% (07-04-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.52% | −0.66% |
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 Nifty 200 Momentum 30 Index Fund (Direct) | Motilal Oswal Nifty 200 Momentum 30 ETF |
|---|---|---|
| Return (CAGR) | +9.34% | +8.54% |
| Standard deviation | 18.94% | 18.86% |
| Sharpe ratio | 0.17 | 0.14 |
| Sortino ratio | 0.23 | 0.18 |
| Maximum drawdown | −31.6% (07-04-2025) | −31.7% (07-04-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.69% | −0.62% |
From daily NAVs, 20-06-2023 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 Nifty 200 Momentum 30 Index Fund (Direct)
Motilal Oswal Nifty 200 Momentum 30 ETF
Nifty200 Momentum 30 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Nifty 200 Momentum 30 Index Fund (Direct) | −31.6% | 27-09-2024 | 07-04-2025 | Not yet | -- | −24.5% |
| Motilal Oswal Nifty 200 Momentum 30 ETF | −31.7% | 27-09-2024 | 07-04-2025 | Not yet | -- | −25.0% |
| Nifty200 Momentum 30 TRI | −31.6% | 27-09-2024 | 07-04-2025 | Not yet | -- | −23.9% |
From daily values since 20-06-2023, 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 Nifty 200 Momentum 30 Index Fund (Direct)
Motilal Oswal Nifty 200 Momentum 30 ETF
Nifty200 Momentum 30 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 Nifty 200 Momentum 30 Index Fund (Direct)
Motilal Oswal Nifty 200 Momentum 30 ETF
Nifty200 Momentum 30 TRI
Against Nifty200 Momentum 30 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Kotak Nifty 200 Momentum 30 Index Fund (Direct) | 99% | 101% | 0.50% |
| Motilal Oswal Nifty 200 Momentum 30 ETF | 99% | 101% | 0.28% |
From month-end values since 20-06-2023. 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 Nifty 200 Momentum 30 Index vs Motilal Oswal Nifty 200 Momentum 30 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Nifty 200 Momentum 30 Index Fund, September 2026; Motilal Oswal Nifty 200 Momentum 30 ETF, September 2026
Holdings in common
- Overlap
- 100.0%
- Held by both
- 30
- Only in Kotak Nifty 200 Momentum 30 Index
- 0
- Only in Motilal Oswal Nifty 200 Momentum 30 ETF
- 0
| Security | % of Kotak Nifty 200 Momentum 30 Index | % of Motilal Oswal Nifty 200 Momentum 30 ETF |
|---|---|---|
| Laurus Labs Ltd | 6.55% | 6.54% |
| MULTI COMMODITY EXCHANGE OF INDIA LIMITED | 6.05% | 6.04% |
| Tata Steel Ltd. | 5.04% | 5.04% |
| Hindalco Industries Ltd. | 5.02% | 5.02% |
| SHRIRAM FINANCE LIMITED | 5.02% | 5.02% |
| NTPC LTD | 4.70% | 4.70% |
| ADANI POWER LTD | 4.62% | 4.62% |
| Cummins India Ltd. | 4.46% | 4.46% |
| GE VERNOVA T&D INDIA LIMITED | 4.33% | 4.33% |
| VEDANTA LTD. | 4.26% | 4.26% |
| BSE LTD | 4.14% | 4.14% |
| FEDERAL BANK LTD. | 3.75% | 3.75% |
| Bharat Heavy Electricals Ltd. | 3.64% | 3.64% |
| SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 3.34% | 3.34% |
| BHARAT FORGE LTD. | 3.20% | 3.20% |
| CG Power and Industrial Solutions Ltd. | 3.04% | 3.04% |
| HITACHI ENERGY INDIA LTD. | 2.90% | 2.90% |
| TORRENT PHARMACEUTICALS LTD. | 2.85% | 2.85% |
| ADANI ENERGY SOLUTIONS LTD. | 2.79% | 2.79% |
| National Aluminium Company Ltd. | 2.65% | 2.65% |
| polycab India Limited | 2.48% | 2.48% |
| Solar Industries India Limited | 2.16% | 2.16% |
| Adani Green Energy Ltd. | 2.07% | 2.07% |
| Vodafone Idea Ltd | 2.02% | 2.02% |
| ABB India Ltd. | 1.85% | 1.85% |
| Glenmark Pharmaceuticals Ltd | 1.75% | 1.75% |
| Steel Authority of India Ltd. | 1.68% | 1.68% |
| KEI Industries Ltd. | 1.42% | 1.42% |
| ADITYA BIRLA CAPITAL LTD | 1.34% | 1.34% |
| L&T FINANCE LTD | 0.88% | 0.88% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 100.0% means 100.0% 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 Nifty 200 Momentum 30 Index Fund
Every holding of this fund is also held by the other.
Largest holdings only in Motilal Oswal Nifty 200 Momentum 30 ETF
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 Nifty 200 Momentum 30 Index | Motilal Oswal Nifty 200 Momentum 30 ETF |
|---|---|---|
| Equity | 100.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.0% | 0.0% |
Market cap of stocks
| Market cap | Kotak Nifty 200 Momentum 30 Index | Motilal Oswal Nifty 200 Momentum 30 ETF |
|---|---|---|
| Large Cap | 66.4% | 66.4% |
| Mid Cap | 33.6% | 33.6% |
| Small Cap | 0.0% | 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 Nifty 200 Momentum 30 Index | Motilal Oswal Nifty 200 Momentum 30 ETF |
|---|---|---|
| Electrical Equipment | 15.8% | 15.8% |
| Power | 14.2% | 14.2% |
| Pharmaceuticals and Biotechnology | 11.2% | 0.0% |
| Pharmaceuticals & Biotechnology | 0.0% | 11.1% |
| Capital Markets | 10.2% | 10.2% |
| Industrial Products | 8.4% | 8.4% |
| Non - Ferrous Metals | 7.7% | 7.7% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Nifty 200 Momentum 30 Index vs Motilal Oswal Nifty 200 Momentum 30 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Nifty 200 Momentum 30 Index Fund | Motilal Oswal Nifty 200 Momentum 30 ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.68% | Not available |
| Base expense ratio (Direct) | 0.17% | 0.00% |
| Total expense ratio (Regular) | 1.16% | Not available |
| Base expense ratio (Regular) | 0.58% | 0.26% |
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.
Kotak Nifty 200 Momentum 30 Index Fund vs Motilal Oswal Nifty 200 Momentum 30 ETF: Frequently Asked Questions
What is the difference between Kotak Nifty 200 Momentum 30 Index Fund and Motilal Oswal Nifty 200 Momentum 30 ETF?
Kotak Nifty 200 Momentum 30 Index Fund is an Index fund, Motilal Oswal Nifty 200 Momentum 30 ETF is an ETF fund, run by Kotak Mahindra Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 100.0%. Kotak Nifty 200 Momentum 30 Index Fund charges 0.68% a year and Motilal Oswal Nifty 200 Momentum 30 ETF 0.84%.
Which has given higher returns, Kotak Nifty 200 Momentum 30 Index Fund or Motilal Oswal Nifty 200 Momentum 30 ETF?
Over 1 year: Kotak Nifty 200 Momentum 30 Index Fund −9.50%, Motilal Oswal Nifty 200 Momentum 30 ETF −9.77%. Over 3 years: Kotak Nifty 200 Momentum 30 Index Fund +8.92% a year, Motilal Oswal Nifty 200 Momentum 30 ETF +8.80% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak Nifty 200 Momentum 30 Index Fund or Motilal Oswal Nifty 200 Momentum 30 ETF?
Kotak Nifty 200 Momentum 30 Index Fund charges less: 0.68% a year against 0.84%. These are the total expense ratios reported to AMFI.
How much do Kotak Nifty 200 Momentum 30 Index Fund and Motilal Oswal Nifty 200 Momentum 30 ETF overlap?
100.0%. They hold 30 of the same securities, the largest shared ones being LAURUSLABS, MCX, TATASTEEL. From each fund's latest monthly portfolio.
Which is riskier, Kotak Nifty 200 Momentum 30 Index Fund or Motilal Oswal Nifty 200 Momentum 30 ETF?
On SEBI's riskometer, Kotak Nifty 200 Momentum 30 Index Fund is rated Very High and Motilal Oswal Nifty 200 Momentum 30 ETF Very High. Over 3 years, the standard deviation of daily returns was 19.59% and 19.74% a year.
Which is better for SIP, Kotak Nifty 200 Momentum 30 Index Fund or Motilal Oswal Nifty 200 Momentum 30 ETF?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,50,551 in Kotak Nifty 200 Momentum 30 Index Fund (XIRR -3.4% a year) and ₹3,48,849 in Motilal Oswal Nifty 200 Momentum 30 ETF (XIRR -3.7% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Kotak Nifty 200 Momentum 30 Index Fund and Motilal Oswal Nifty 200 Momentum 30 ETF?
Yes. 100.0% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Kotak Nifty 200 Momentum 30 Index Fund and Motilal Oswal Nifty 200 Momentum 30 ETF?
Kotak Nifty 200 Momentum 30 Index Fund: Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar. Motilal Oswal Nifty 200 Momentum 30 ETF: Swapnil Mayekar, Rakesh Shetty.
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.