Kotak Nifty 50 Equal Weight Index Fund vs Motilal Oswal Nifty 50 Equal Weight ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Kotak Nifty 50 Equal Weight Index Fund is an Index fund and Motilal Oswal Nifty 50 Equal Weight ETF is an ETF fund. In the year to 30-10-2026, Kotak Nifty 50 Equal Weight Index Fund (Direct) returned −4.8% and Motilal Oswal Nifty 50 Equal Weight ETF returned −4.9%. Kotak Nifty 50 Equal Weight Index Fund charges 0.51% a year and Motilal Oswal Nifty 50 Equal Weight ETF 0.28%. Their portfolios overlap 100.0%: they hold 50 of the same securities.
Kotak Nifty 50 Equal Weight Index Fund
Index
- 1 year return
- −4.8%
- Expense ratio
- 0.51%
- NAV
- ₹10.71
Motilal Oswal Nifty 50 Equal Weight ETF
ETF
- 1 year return
- −4.9%
- Expense ratio
- 0.28%
- NAV
- ₹31.65
Which is better, Kotak Nifty 50 Equal Weight Index or Motilal Oswal Nifty 50 Equal Weight 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 50 Equal Weight Index returned more over 1 year: −4.8% against −4.9%.
- Motilal Oswal Nifty 50 Equal Weight ETF costs less: 0.28% a year against 0.51%.
- Motilal Oswal Nifty 50 Equal Weight ETF fell less in its worst fall since 07-05-2025: −12.4% against −12.5%.
- Motilal Oswal Nifty 50 Equal Weight ETF is the larger fund: ₹174 Cr against ₹71 Cr.
- Their portfolios overlap 100.0%: 50 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 50 Equal Weight Index Fund | Motilal Oswal Nifty 50 Equal Weight ETF |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Index | ETF |
| AUM | ₹71 Cr (30-09-2026) | ₹174 Cr (30-09-2026) |
| NAV | ₹10.71 (Direct) | ₹31.65 |
| Expense ratio (Direct) | 0.51% | Not available |
| Expense ratio (Regular) | 1.01% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 50 Equal Weight TRI | NIFTY 50 Equal Weight TRI |
| Launch date | 23-12-2024 | 02-05-2025 |
| Minimum investment | ₹100 | Ongoing Basis: On Exchange: Investors can buy/sell units of the Scheme in round lots of 1 unit and in multiples thereof. Directly with the Mutual Fund: For Eligible investors: Transactions must be in multiple of unit creation size and the execution value |
| Lock in | None | None |
| Fund managers | Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar | Swapnil Mayekar, Dishant Mehta, Rakesh Shetty |
| Exit load | Nil | Nil |
Kotak Nifty 50 Equal Weight Index vs Motilal Oswal Nifty 50 Equal Weight 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 50 Equal Weight Index Fund (Direct) | +1.33% | −5.83% | −2.34% | −4.82% | -- | -- | -- |
| Motilal Oswal Nifty 50 Equal Weight ETF | +0.99% | −6.13% | −2.69% | −4.91% | -- | -- | -- |
Kotak Nifty 50 Equal Weight Index vs Motilal Oswal Nifty 50 Equal Weight ETF: Year-wise Returns
| Year | Kotak Nifty 50 Equal Weight IndexKotak Nifty 50 Equal Weight Index | Motilal Oswal Nifty 50 Equal Weight ETFMotilal Oswal Nifty 50 Equal Weight ETF | NIFTY50 Equal Weight TRI |
|---|---|---|---|
| 2026to date | −5.48% | −5.67% | −5.56% |
| 2025 | +13.42% | -- | +14.81% |
Kotak Nifty 50 Equal Weight Index vs Motilal Oswal Nifty 50 Equal Weight ETF: Rolling Returns
Every holding period of both funds, against NIFTY50 Equal Weight TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 120 of them, one for each trading day from 07-05-2026 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 50 Equal Weight Index Fund (Direct)
Motilal Oswal Nifty 50 Equal Weight ETF
NIFTY50 Equal Weight TRI
to
May 2026Jun 2025
to
Jun 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Oct 2025
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 50 Equal Weight Index | 25.0 | 42.5 | 30.0 | 2.5 | 0.0 | 0.0 | 0.0 | 3.0% | 3.9% | −7.4% | 11.3% | 1% |
| Motilal Oswal Nifty 50 Equal Weight ETF | 23.3 | 37.5 | 34.2 | 5.0 | 0.0 | 0.0 | 0.0 | 3.3% | 4.3% | −7.4% | 11.7% | 0% |
| NIFTY50 Equal Weight TRI | 22.5 | 33.3 | 37.5 | 6.7 | 0.0 | 0.0 | 0.0 | 3.5% | 4.6% | −7.3% | 12.0% | -- |
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 NIFTY50 Equal Weight 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 07-05-2025. Past returns do not promise future returns.
Kotak Nifty 50 Equal Weight Index vs Motilal Oswal Nifty 50 Equal Weight 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 02-05-2025 to 30-10-2026: 18 instalments, ₹1,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak Nifty 50 Equal Weight IndexKotak Nifty 50 Equal Weight Index Fund (Direct) | ₹1,80,000 | ₹1,77,231 | −₹2,769 | −2.0% |
| Motilal Oswal Nifty 50 Equal Weight ETFMotilal Oswal Nifty 50 Equal Weight ETF | ₹1,80,000 | ₹1,76,992 | −₹3,008 | −2.1% |
Kotak Nifty 50 Equal Weight IndexKotak Nifty 50 Equal Weight Index Fund (Direct)
Motilal Oswal Nifty 50 Equal Weight ETFMotilal Oswal Nifty 50 Equal Weight 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 50 Equal Weight Index vs Motilal Oswal Nifty 50 Equal Weight ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Nifty 50 Equal Weight Index Fund (Direct) | Motilal Oswal Nifty 50 Equal Weight ETF |
|---|---|---|
| Return (CAGR) | −4.82% | −4.91% |
| Standard deviation | 13.71% | 13.88% |
| Sharpe ratio | -0.73 | -0.73 |
| Sortino ratio | -0.98 | -0.97 |
| Maximum drawdown | −12.5% (30-03-2026) | −12.4% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.07% | −0.16% |
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 50 Equal Weight Index Fund (Direct) | Motilal Oswal Nifty 50 Equal Weight ETF |
|---|---|---|
| Return (CAGR) | +3.95% | +3.12% |
| Standard deviation | 13.52% | 13.01% |
| Sharpe ratio | -0.12 | -0.17 |
| Sortino ratio | -0.16 | -0.24 |
| Maximum drawdown | −12.5% (30-03-2026) | −12.4% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.64% | −0.20% |
From daily NAVs, 30-12-2024 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 50 Equal Weight Index Fund (Direct)
Motilal Oswal Nifty 50 Equal Weight ETF
NIFTY50 Equal Weight TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Nifty 50 Equal Weight Index Fund (Direct) | −12.5% | 11-02-2026 | 30-03-2026 | 03-08-2026 | 4 months | −7.7% |
| Motilal Oswal Nifty 50 Equal Weight ETF | −12.4% | 11-02-2026 | 31-03-2026 | 03-08-2026 | 4 months | −8.1% |
| NIFTY50 Equal Weight TRI | −12.4% | 11-02-2026 | 30-03-2026 | 03-08-2026 | 4 months | −8.0% |
From daily values since 07-05-2025, 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 50 Equal Weight Index Fund (Direct)
Motilal Oswal Nifty 50 Equal Weight ETF
NIFTY50 Equal Weight TRI
Against NIFTY50 Equal Weight TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Kotak Nifty 50 Equal Weight Index Fund (Direct) | 99% | 101% | 0.33% |
| Motilal Oswal Nifty 50 Equal Weight ETF | 99% | 100% | 0.04% |
From month-end values since 07-05-2025. 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 50 Equal Weight Index vs Motilal Oswal Nifty 50 Equal Weight ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Nifty 50 Equal Weight Index Fund, September 2026; Motilal Oswal Nifty 50 Equal Weight ETF, September 2026
Holdings in common
- Overlap
- 100.0%
- Held by both
- 50
- Only in Kotak Nifty 50 Equal Weight Index
- 0
- Only in Motilal Oswal Nifty 50 Equal Weight ETF
- 0
| Security | % of Kotak Nifty 50 Equal Weight Index | % of Motilal Oswal Nifty 50 Equal Weight ETF |
|---|---|---|
| KOTAK MAHINDRA BANK LTD. | 2.14% | 2.11% |
| Dr.Reddy's Laboratories Ltd. | 2.13% | 2.10% |
| Inter Globe Aviation Ltd | 2.09% | 2.07% |
| Adani Ports and Special Economic Zone Limited | 2.09% | 2.06% |
| AXIS BANK LTD. | 2.08% | 2.05% |
| Coal India Limited | 2.07% | 2.04% |
| ICICI BANK LTD. | 2.07% | 2.04% |
| Infosys Ltd. | 2.06% | 2.04% |
| Adani Enterprises Ltd | 2.06% | 2.04% |
| Maruti Suzuki India Limited | 2.06% | 2.03% |
| NTPC LTD | 2.05% | 2.02% |
| SHRIRAM FINANCE LIMITED | 2.05% | 2.02% |
| Bharat Electronics Ltd. | 2.05% | 2.02% |
| Tech Mahindra Ltd. | 2.04% | 2.02% |
| TATA CONSULTANCY SERVICES LTD. | 2.04% | 2.02% |
| BHARTI AIRTEL LTD. | 2.04% | 2.02% |
| TRENT LTD | 2.04% | 2.01% |
| HDFC Life Insurance Company Ltd | 2.04% | 2.01% |
| JSW Steel Ltd. | 2.04% | 2.01% |
| Asian Paints(India) Ltd. | 2.04% | 2.01% |
| Ultratech Cement Ltd. | 2.04% | 2.01% |
| Tata Steel Ltd. | 2.03% | 2.01% |
| SUN PHARMACEUTICAL INDUSTRIES LTD. | 2.03% | 2.01% |
| Bajaj Finserv Ltd. | 2.03% | 2.00% |
| HCL Technologies Ltd. | 2.03% | 2.00% |
| ITC Ltd. | 2.03% | 2.00% |
| STATE BANK OF INDIA. | 2.02% | 2.00% |
| TATA MOTORS PASSENGER VEHICLES LTD | 2.02% | 2.00% |
| SBI Life Insurance Company Ltd | 2.02% | 1.99% |
| Mahindra & Mahindra Ltd. | 2.02% | 1.99% |
| Eicher Motors Ltd. | 2.01% | 1.99% |
| Larsen and Toubro Ltd. | 2.01% | 1.99% |
| Hindustan Unilever Ltd. | 2.01% | 1.98% |
| RELIANCE INDUSTRIES LTD. | 2.01% | 1.98% |
| BSE LTD | 2.01% | 1.98% |
| Power Grid Corporation of India Ltd. | 2.00% | 1.98% |
| TATA CONSUMER PRODUCTS LTD. | 2.00% | 1.98% |
| Hindalco Industries Ltd. | 2.00% | 1.97% |
| Bajaj Auto Ltd. | 2.00% | 1.97% |
| HDFC BANK LTD. | 2.00% | 1.97% |
| BAJAJ FINANCE LTD. | 2.00% | 1.97% |
| Nestle India Ltd. | 1.99% | 1.97% |
| Cipla Ltd. | 1.99% | 1.97% |
| Oil And Natural Gas Corporation Ltd. | 1.99% | 1.96% |
| Grasim Industries Ltd. | 1.99% | 1.96% |
| JIO FINANCIAL SERVICES LTD | 1.98% | 1.96% |
| ETERNAL LIMITED | 1.98% | 1.96% |
| TITAN COMPANY LTD. | 1.95% | 1.92% |
| Apollo Hospitals Enterprise Ltd. | 1.91% | 1.88% |
| Max Healthcare Institute Ltd. | 1.90% | 1.88% |
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 50 Equal Weight Index Fund
Every holding of this fund is also held by the other.
Largest holdings only in Motilal Oswal Nifty 50 Equal Weight 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 50 Equal Weight Index | Motilal Oswal Nifty 50 Equal Weight ETF |
|---|---|---|
| Equity | 101.3% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | -1.3% | 0.0% |
Market cap of stocks
| Market cap | Kotak Nifty 50 Equal Weight Index | Motilal Oswal Nifty 50 Equal Weight ETF |
|---|---|---|
| Large Cap | 97.3% | 96.0% |
| Mid Cap | 4.0% | 4.0% |
| 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 50 Equal Weight Index | Motilal Oswal Nifty 50 Equal Weight ETF |
|---|---|---|
| Banks | 10.3% | 10.2% |
| Automobiles | 10.1% | 10.0% |
| IT - Software | 8.2% | 8.1% |
| Finance | 8.1% | 8.0% |
| Pharmaceuticals and Biotechnology | 6.2% | 0.0% |
| Pharmaceuticals & Biotechnology | 0.0% | 6.1% |
| Ferrous Metals | 4.1% | 4.0% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Nifty 50 Equal Weight Index vs Motilal Oswal Nifty 50 Equal Weight ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Nifty 50 Equal Weight Index Fund | Motilal Oswal Nifty 50 Equal Weight ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.51% | Not available |
| Base expense ratio (Direct) | 0.18% | 0.00% |
| Total expense ratio (Regular) | 1.01% | Not available |
| Base expense ratio (Regular) | 0.60% | 0.10% |
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.
Kotak Nifty 50 Equal Weight Index Fund vs Motilal Oswal Nifty 50 Equal Weight ETF: Frequently Asked Questions
What is the difference between Kotak Nifty 50 Equal Weight Index Fund and Motilal Oswal Nifty 50 Equal Weight ETF?
Kotak Nifty 50 Equal Weight Index Fund is an Index fund, Motilal Oswal Nifty 50 Equal Weight ETF is an ETF fund, run by Kotak Mahindra Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 100.0%. Kotak Nifty 50 Equal Weight Index Fund charges 0.51% a year and Motilal Oswal Nifty 50 Equal Weight ETF 0.28%.
Which has given higher returns, Kotak Nifty 50 Equal Weight Index Fund or Motilal Oswal Nifty 50 Equal Weight ETF?
Over 1 year: Kotak Nifty 50 Equal Weight Index Fund −4.82%, Motilal Oswal Nifty 50 Equal Weight ETF −4.91%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak Nifty 50 Equal Weight Index Fund or Motilal Oswal Nifty 50 Equal Weight ETF?
Motilal Oswal Nifty 50 Equal Weight ETF charges less: 0.28% a year against 0.51%. These are the total expense ratios reported to AMFI.
How much do Kotak Nifty 50 Equal Weight Index Fund and Motilal Oswal Nifty 50 Equal Weight ETF overlap?
100.0%. They hold 50 of the same securities, the largest shared ones being KOTAKBANK, DRREDDY, INDIGO. From each fund's latest monthly portfolio.
Which is riskier, Kotak Nifty 50 Equal Weight Index Fund or Motilal Oswal Nifty 50 Equal Weight ETF?
On SEBI's riskometer, Kotak Nifty 50 Equal Weight Index Fund is rated Very High and Motilal Oswal Nifty 50 Equal Weight ETF Very High. Over 1 years, the standard deviation of daily returns was 13.71% and 13.88% a year.
Can I invest in both Kotak Nifty 50 Equal Weight Index Fund and Motilal Oswal Nifty 50 Equal Weight 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 50 Equal Weight Index Fund and Motilal Oswal Nifty 50 Equal Weight ETF?
Kotak Nifty 50 Equal Weight Index Fund: Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar. Motilal Oswal Nifty 50 Equal Weight ETF: Swapnil Mayekar, Dishant Mehta, 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.