Kotak Nifty 50 Equal Weight Index Fund vs Tata Retirement Savings Fund Progressive
Direct Plan, Growth option · Data as on 30-10-2026
Kotak Nifty 50 Equal Weight Index Fund is an Index fund and Tata Retirement Savings Fund Progressive is a Solution fund. In the year to 30-10-2026, Kotak Nifty 50 Equal Weight Index Fund (Direct) returned −4.8% and Tata Retirement Savings Fund Progressive (Direct) returned −1.9%. Kotak Nifty 50 Equal Weight Index Fund charges 0.51% a year and Tata Retirement Savings Fund Progressive 0.83% (Direct plans). Their portfolios overlap 28.8%: they hold 17 of the same securities.
Kotak Nifty 50 Equal Weight Index Fund
Index
- 1 year return
- −4.8%
- Expense ratio
- 0.51%
- NAV
- ₹10.71
Tata Retirement Savings Fund Progressive
Solution
- 1 year return
- −1.9%
- Expense ratio
- 0.83%
- NAV
- ₹78.90
Which is better, Kotak Nifty 50 Equal Weight Index or Tata Retirement Savings Fund Progressive? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Tata Retirement Savings Fund Progressive returned more over 1 year: −1.9% against −4.8%.
- Kotak Nifty 50 Equal Weight Index costs less: 0.51% a year against 0.83% (Direct plans).
- Kotak Nifty 50 Equal Weight Index fell less in its worst fall since 30-12-2024: −12.5% against −17.1%.
- Kotak Nifty 50 Equal Weight Index holds more in large companies: 97.3% of the fund in large caps against 50.7%.
- Tata Retirement Savings Fund Progressive is the larger fund: ₹2,104 Cr against ₹71 Cr.
- Their portfolios overlap 28.8%: 17 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 | Tata Retirement Savings Fund Progressive |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Tata Mutual Fund |
| Category | Index | Solution |
| AUM | ₹71 Cr (30-09-2026) | ₹2,104 Cr (30-09-2026) |
| NAV | ₹10.71 (Direct) | ₹78.90 (Direct) |
| Expense ratio (Direct) | 0.51% | 0.83% |
| Expense ratio (Regular) | 1.01% | 2.20% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 50 Equal Weight TRI | Nifty 500 TRI |
| Launch date | 23-12-2024 | 01-11-2011 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | 5 years, or until retirement if earlier |
| Fund managers | Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar | Murthy Nagarajan, Sonam Udasi |
| Exit load | Nil | A) If redeemed / switched-out on or after attainment of retirement age i.e. 60 years of age - Nil. B) In case of Auto switch-out of units on occurrence of “Auto-switch trigger event” - Nil. C) 1% -If redeemed before 61 months from the date of allotment. |
Kotak Nifty 50 Equal Weight Index vs Tata Retirement Savings Fund Progressive: 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% | -- | -- | -- |
| Tata Retirement Savings Fund Progressive (Direct) | −2.60% | −6.88% | −1.00% | −1.95% | +11.53% | +9.32% | +13.02% |
Kotak Nifty 50 Equal Weight Index vs Tata Retirement Savings Fund Progressive: Year-wise Returns
| Year | Kotak Nifty 50 Equal Weight IndexKotak Nifty 50 Equal Weight Index | Tata Retirement Savings Fund ProgressiveTata Retirement Savings Fund Progressive |
|---|---|---|
| 2026to date | −5.48% | −1.40% |
| 2025 | +13.42% | +0.24% |
| 2024 | -- | +23.49% |
| 2023 | -- | +30.88% |
| 2022 | -- | −2.43% |
| 2021 | -- | +25.20% |
Kotak Nifty 50 Equal Weight Index vs Tata Retirement Savings Fund Progressive: Rolling Returns
Every holding period of both funds, against NIFTY50 Equal Weight TRI, the benchmark of Kotak Nifty 50 Equal Weight Index Fund
Rolling returns
Every 1-year holding period, 205 of them, one for each trading day from 30-12-2025 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)
Tata Retirement Savings Fund Progressive (Direct)
NIFTY50 Equal Weight TRI
to
Jan 2026Mar 2025
to
Mar 2026May 2025
to
May 2026Jun 2025
to
Jun 2026Aug 2025
to
Aug 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 | 14.6 | 28.8 | 26.8 | 21.0 | 8.8 | 0.0 | 0.0 | 6.5% | 5.8% | −7.4% | 18.7% | 0% |
| Tata Retirement Savings Fund Progressive | 10.7 | 38.0 | 40.0 | 11.2 | 0.0 | 0.0 | 0.0 | 5.1% | 5.1% | −4.6% | 12.4% | 28% |
| NIFTY50 Equal Weight TRI | 13.2 | 22.9 | 29.3 | 22.4 | 12.2 | 0.0 | 0.0 | 7.3% | 6.4% | −7.3% | 19.9% | -- |
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 30-12-2024. Past returns do not promise future returns.
Kotak Nifty 50 Equal Weight Index vs Tata Retirement Savings Fund Progressive: 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 30-12-2024 to 30-10-2026: 23 instalments, ₹2,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak Nifty 50 Equal Weight IndexKotak Nifty 50 Equal Weight Index Fund (Direct) | ₹2,30,000 | ₹2,31,672 | ₹1,672 | 0.7% |
| Tata Retirement Savings Fund ProgressiveTata Retirement Savings Fund Progressive (Direct) | ₹2,30,000 | ₹2,32,198 | ₹2,198 | 1.0% |
Kotak Nifty 50 Equal Weight IndexKotak Nifty 50 Equal Weight Index Fund (Direct)
Tata Retirement Savings Fund ProgressiveTata Retirement Savings Fund Progressive (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 Nifty 50 Equal Weight Index vs Tata Retirement Savings Fund Progressive: 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) | Tata Retirement Savings Fund Progressive (Direct) |
|---|---|---|
| Return (CAGR) | −4.82% | −1.95% |
| Standard deviation | 13.71% | 14.59% |
| Sharpe ratio | -0.73 | -0.49 |
| Sortino ratio | -0.98 | -0.66 |
| Maximum drawdown | −12.5% (30-03-2026) | −14.1% (31-03-2026) |
| Beta | 1.00 | 0.96 |
| Alpha | −0.07% | +4.89% |
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) | Tata Retirement Savings Fund Progressive (Direct) |
|---|---|---|
| Return (CAGR) | +3.95% | +14.40% |
| Standard deviation | 13.52% | 15.13% |
| Sharpe ratio | -0.12 | 0.55 |
| Sortino ratio | -0.16 | 0.75 |
| Maximum drawdown | −12.5% (30-03-2026) | −34.2% (23-03-2020) |
| Beta | 1.00 | 0.92 |
| Alpha | −0.64% | +2.18% |
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)
Tata Retirement Savings Fund Progressive (Direct)
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% |
| Tata Retirement Savings Fund Progressive (Direct) | −17.1% | 02-01-2025 | 03-03-2025 | 09-06-2025 | 3 months | −9.2% |
| NIFTY50 Equal Weight TRI | −12.4% | 11-02-2026 | 30-03-2026 | 03-08-2026 | 4 months | −8.0% |
From daily values since 30-12-2024, 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)
Tata Retirement Savings Fund Progressive (Direct)
NIFTY50 Equal Weight TRI
Against NIFTY50 Equal Weight TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Kotak Nifty 50 Equal Weight Index Fund (Direct) | 98% | 101% | 0.38% |
| Tata Retirement Savings Fund Progressive (Direct) | 82% | 103% | 9.02% |
From month-end values since 30-12-2024. 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 Tata Retirement Savings Fund Progressive: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Nifty 50 Equal Weight Index Fund, September 2026; Tata Retirement Savings Fund Progressive, September 2026
Holdings in common
- Overlap
- 28.8%
- Held by both
- 17
- Only in Kotak Nifty 50 Equal Weight Index
- 33
- Only in Tata Retirement Savings Fund Progressive
- 35
| Security | % of Kotak Nifty 50 Equal Weight Index | % of Tata Retirement Savings Fund Progressive |
|---|---|---|
| KOTAK MAHINDRA BANK LTD. | 2.14% | 2.28% |
| Adani Ports and Special Economic Zone Limited | 2.09% | 2.46% |
| ICICI BANK LTD. | 2.07% | 4.97% |
| Coal India Limited | 2.07% | 2.05% |
| SUN PHARMACEUTICAL INDUSTRIES LTD. | 2.03% | 2.02% |
| RELIANCE INDUSTRIES LTD. | 2.01% | 3.66% |
| ETERNAL LIMITED | 1.98% | 4.11% |
| TITAN COMPANY LTD. | 1.95% | 1.96% |
| BSE LTD | 2.01% | 1.85% |
| TATA CONSUMER PRODUCTS LTD. | 2.00% | 1.73% |
| HCL Technologies Ltd. | 2.03% | 1.68% |
| Nestle India Ltd. | 1.99% | 1.68% |
| Apollo Hospitals Enterprise Ltd. | 1.91% | 1.40% |
| Grasim Industries Ltd. | 1.99% | 1.31% |
| SHRIRAM FINANCE LIMITED | 2.05% | 1.01% |
| Maruti Suzuki India Limited | 2.06% | 0.92% |
| TATA CONSULTANCY SERVICES LTD. | 2.04% | 0.88% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 28.8% means 28.8% 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
| Security | % of fund |
|---|---|
| Dr.Reddy's Laboratories Ltd. | 2.13% |
| Inter Globe Aviation Ltd | 2.09% |
| AXIS BANK LTD. | 2.08% |
| Infosys Ltd. | 2.06% |
| Adani Enterprises Ltd | 2.06% |
Largest holdings only in Tata Retirement Savings Fund Progressive
| Security | % of fund |
|---|---|
| SOLAR INDUSTRIES INDIA LTD | 5.39% |
| MULTI COMMODITY EXCHANGE OF IND LTD | 3.81% |
| RADICO KHAITAN LTD | 3.17% |
| 360 ONE WAM LTD | 2.25% |
| KARUR VYSYA BANK LTD | 2.14% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Nifty 50 Equal Weight Index | Tata Retirement Savings Fund Progressive |
|---|---|---|
| Equity | 101.3% | 93.5% |
| Debt | 0.0% | 0.0% |
| Cash and others | -1.3% | 6.5% |
Market cap of stocks
| Market cap | Kotak Nifty 50 Equal Weight Index | Tata Retirement Savings Fund Progressive |
|---|---|---|
| Large Cap | 97.3% | 50.7% |
| Mid Cap | 4.0% | 21.2% |
| Small Cap | 0.0% | 19.9% |
| Not on AMFI's list | 0.0% | 1.8% |
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 Nifty 50 Equal Weight Index | Tata Retirement Savings Fund Progressive |
|---|---|---|
| Capital Markets | 2.0% | 11.6% |
| Banks | 10.3% | 10.5% |
| Automobiles | 10.1% | 2.4% |
| IT - Software | 8.2% | 3.2% |
| Finance | 8.1% | 3.9% |
| Pharmaceuticals and Biotechnology | 6.2% | 0.0% |
| Chemicals & Petrochemicals | 0.0% | 5.4% |
| Industrial Products | 0.0% | 4.9% |
| Beverages | 0.0% | 4.2% |
| Retailing | 4.0% | 4.1% |
| Ferrous Metals | 4.1% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Nifty 50 Equal Weight Index vs Tata Retirement Savings Fund Progressive: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Nifty 50 Equal Weight Index Fund | Tata Retirement Savings Fund Progressive |
|---|---|---|
| Total expense ratio (Direct) | 0.51% | 0.83% |
| Base expense ratio (Direct) | 0.18% | 0.57% |
| Total expense ratio (Regular) | 1.01% | 2.20% |
| Base expense ratio (Regular) | 0.60% | 1.75% |
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 Tata Retirement Savings Fund Progressive: Frequently Asked Questions
What is the difference between Kotak Nifty 50 Equal Weight Index Fund and Tata Retirement Savings Fund Progressive?
Kotak Nifty 50 Equal Weight Index Fund is an Index fund, Tata Retirement Savings Fund Progressive is a Solution fund, run by Kotak Mahindra Mutual Fund and Tata Mutual Fund. Their portfolios overlap 28.8%. Kotak Nifty 50 Equal Weight Index Fund charges 0.51% a year and Tata Retirement Savings Fund Progressive 0.83%.
Which has given higher returns, Kotak Nifty 50 Equal Weight Index Fund or Tata Retirement Savings Fund Progressive?
Over 1 year: Kotak Nifty 50 Equal Weight Index Fund −4.82%, Tata Retirement Savings Fund Progressive −1.95%. 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 Tata Retirement Savings Fund Progressive?
Kotak Nifty 50 Equal Weight Index Fund charges less: 0.51% a year against 0.83%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak Nifty 50 Equal Weight Index Fund and Tata Retirement Savings Fund Progressive overlap?
28.8%. They hold 17 of the same securities, the largest shared ones being KOTAKBANK, ADANIPORTS, ICICIBANK. From each fund's latest monthly portfolio.
Which is riskier, Kotak Nifty 50 Equal Weight Index Fund or Tata Retirement Savings Fund Progressive?
On SEBI's riskometer, Kotak Nifty 50 Equal Weight Index Fund is rated Very High and Tata Retirement Savings Fund Progressive Very High. Over 1 years, the standard deviation of daily returns was 13.71% and 14.59% a year.
Can I invest in both Kotak Nifty 50 Equal Weight Index Fund and Tata Retirement Savings Fund Progressive?
Yes. 28.8% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Kotak Nifty 50 Equal Weight Index Fund and Tata Retirement Savings Fund Progressive?
Kotak Nifty 50 Equal Weight Index Fund: Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar. Tata Retirement Savings Fund Progressive: Murthy Nagarajan, Sonam Udasi.
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.