Kotak Nifty Alpha 50 ETF vs Motilal Oswal Nifty Alpha 50 ETF

Direct Plan where a fund has one, Growth option · Data as on 30-10-2026

Kotak Nifty Alpha 50 ETF is an ETF fund and Motilal Oswal Nifty Alpha 50 ETF is an ETF fund. In the year to 30-10-2026, Kotak Nifty Alpha 50 ETF returned 1.4% and Motilal Oswal Nifty Alpha 50 ETF returned 1.2%. Kotak Nifty Alpha 50 ETF charges 0.71% a year and Motilal Oswal Nifty Alpha 50 ETF 1.03%. Their portfolios overlap 94.4%: they hold 49 of the same securities.

Kotak Nifty Alpha 50 ETF

ETF

1 year return: 1.4%
Expense ratio: 0.71%
NAV: ₹49.77

See Kotak Nifty Alpha 50 ETF

Motilal Oswal Nifty Alpha 50 ETF

ETF

1 year return: 1.2%
Expense ratio: 1.03%
NAV: ₹51.74

See Motilal Oswal Nifty Alpha 50 ETF

Which is better, Kotak Nifty Alpha 50 ETF or Motilal Oswal Nifty Alpha 50 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 Alpha 50 ETF returned more over 1 year: 1.4% against 1.2%.
Kotak Nifty Alpha 50 ETF costs less: 0.71% a year against 1.03%.
Kotak Nifty Alpha 50 ETF fell less in its worst fall since 10-07-2025: −16.4% against −16.8%.
Kotak Nifty Alpha 50 ETF is the larger fund: ₹892 Cr against ₹3 Cr.
Their portfolios overlap 94.4%: 49 of the same holdings.

Past returns do not promise future returns. This page is information, not investment advice.

NAV comparison

How each fund's NAV moved over the same days, as % change since the first day of the range

Kotak Nifty Alpha 50 ETF
−1.4%
Motilal Oswal Nifty Alpha 50 ETF
−2.0%

Change in NAV from 10-07-2025 to 30-10-2026

−10%0%+10%

Key facts

From each fund's scheme summary document and AMFI

Fact	Kotak Nifty Alpha 50 ETF	Motilal Oswal Nifty Alpha 50 ETF
Fund house	Kotak Mahindra Mutual Fund	Motilal Oswal Mutual Fund
Category	ETF	ETF
AUM	₹892 Cr (30-09-2026)	₹3 Cr (30-09-2026)
NAV	₹49.77	₹51.74
Expense ratio (Direct)	Not available	Not available
Expense ratio (Regular)	Not available	Not available
Riskometer	Very High	Very High
Benchmark	Nifty Alpha 50 TRI	Nifty Alpha 50 TRI
Launch date	22-12-2021	07-07-2025
Minimum investment	Ongoing purchases directly from the Mutual Fund would be restricted to Authorized Participants and Large Investors provided the value of units to be purchased is in creation unit size. Authorised Participants and Large Investors may buy the units on any b	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 Alpha 50 ETF vs Motilal Oswal Nifty Alpha 50 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 Alpha 50 ETF	−3.14%	−3.04%	+2.16%	+1.38%	+13.53%	--	--
Motilal Oswal Nifty Alpha 50 ETF	−3.20%	−2.92%	+2.25%	+1.19%	--	--	--

Kotak Nifty Alpha 50 ETF vs Motilal Oswal Nifty Alpha 50 ETF: Year-wise Returns

Year	KotakKotak Nifty Alpha 50 ETF	Motilal OswalMotilal Oswal Nifty Alpha 50 ETF	Nifty Alpha 50 TRI
2026to date	+3.29%	+3.19%	+4.79%
2025	−10.82%	--	−10.17%
2024	+32.40%	--	+33.86%
2023	+41.79%	--	+43.62%
2022	−16.57%	--	−13.47%

Kotak Nifty Alpha 50 ETF vs Motilal Oswal Nifty Alpha 50 ETF: Rolling Returns

Every holding period of both funds, against Nifty Alpha 50 TRI, the benchmark of both

Rolling returns

Every 1-year holding period, 76 of them, one for each trading day from 10-07-2026 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.

−5%0%5%10%15%20%

Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026Oct 2025
to
Oct 2026

Kotak Nifty Alpha 50 ETFMotilal Oswal Nifty Alpha 50 ETFNifty Alpha 50 TRI

How the periods spread

Fund	Below 0%	0-5%	5-10%	10-15%	15-20%	Mean	Median	Lowest	Highest	Beat benchmark
Kotak Nifty Alpha 50 ETF	3.9	28.9	38.2	26.3	2.6	7.3%	8.1%	−3.3%	17.1%	0%
Motilal Oswal Nifty Alpha 50 ETF	5.3	27.6	40.8	23.7	2.6	6.9%	7.7%	−3.5%	16.5%	0%
Nifty Alpha 50 TRI	1.3	27.6	34.2	30.3	6.6	8.2%	9.4%	−1.8%	17.7%	--

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 Nifty Alpha 50 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 10-07-2025. Past returns do not promise future returns.

Kotak Nifty Alpha 50 ETF vs Motilal Oswal Nifty Alpha 50 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

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 01-07-2025 to 30-10-2026: 16 instalments, ₹1,60,000 in all.

Investment	Invested	Value now	Gain	Return a year
Kotak Nifty Alpha 50 ETFKotak Nifty Alpha 50 ETF	₹1,60,000	₹1,62,105	₹2,105	1.9%
Motilal Oswal Nifty Alpha 50 ETFMotilal Oswal Nifty Alpha 50 ETF	₹1,60,000	₹1,62,138	₹2,138	1.9%

₹0₹50,000₹1.0 L₹1.5 L₹2.0 L

2026

Kotak Nifty Alpha 50 ETFKotak Nifty Alpha 50 ETFMotilal Oswal Nifty Alpha 50 ETFMotilal Oswal Nifty Alpha 50 ETFAmount 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 Alpha 50 ETF vs Motilal Oswal Nifty Alpha 50 ETF: Risk and Drawdowns

How much each fund swings, and the worst fall over the same days

Risk and return

Measure	Kotak Nifty Alpha 50 ETF	Motilal Oswal Nifty Alpha 50 ETF
Return (CAGR)	+1.38%	+1.19%
Standard deviation	20.35%	20.37%
Sharpe ratio	-0.19	-0.20
Sortino ratio	-0.26	-0.27
Maximum drawdown	−15.1% (31-03-2026)	−15.3% (31-03-2026)
Beta	1.00	1.00
Alpha	−1.62%	−1.80%

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 Alpha 50 ETF	Motilal Oswal Nifty Alpha 50 ETF
Return (CAGR)	+8.13%	−1.55%
Standard deviation	21.61%	19.06%
Sharpe ratio	0.10	-0.36
Sortino ratio	0.14	-0.48
Maximum drawdown	−33.5% (27-02-2023)	−16.8% (31-03-2026)
Beta	1.00	1.00
Alpha	−1.90%	−1.58%

From daily NAVs, 29-12-2021 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.

−20%−15%−10%−5%0%

2026

Kotak Nifty Alpha 50 ETFMotilal Oswal Nifty Alpha 50 ETFNifty Alpha 50 TRI

Fund	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Kotak Nifty Alpha 50 ETF	−16.4%	16-07-2025	31-03-2026	27-05-2026	57 days	−10.0%
Motilal Oswal Nifty Alpha 50 ETF	−16.8%	16-07-2025	31-03-2026	27-05-2026	57 days	−9.8%
Nifty Alpha 50 TRI	−16.1%	16-07-2025	30-03-2026	07-05-2026	38 days	−8.9%

From daily values since 10-07-2025, 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.

0%5%10%15%20%25%

Kotak Nifty Alpha 50 ETFMotilal Oswal Nifty Alpha 50 ETFNifty Alpha 50 TRI

Against Nifty Alpha 50 TRI

Fund	Up capture	Down capture	Tracking error
Kotak Nifty Alpha 50 ETF	99%	104%	0.70%
Motilal Oswal Nifty Alpha 50 ETF	99%	104%	0.52%

From month-end values since 10-07-2025. 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 Alpha 50 ETF vs Motilal Oswal Nifty Alpha 50 ETF: Portfolio Overlap

From each fund's latest monthly portfolio: Kotak Nifty Alpha 50 ETF, September 2026; Motilal Oswal Nifty Alpha 50 ETF, September 2026

Holdings in common

Overlap: 94.4%
Held by both: 49
Only in Kotak Nifty Alpha 50 ETF: 1
Only in Motilal Oswal Nifty Alpha 50 ETF: 0

Security	% of Kotak Nifty Alpha 50 ETF	% of Motilal Oswal Nifty Alpha 50 ETF
CUPID LTD.	8.46%	7.40%
STERLITE TECHNOLOGIES LIMITED.	5.33%	5.07%
MTAR TECHNOLOGIES LIMITED	4.89%	5.30%
ATHER ENERGY LTD	3.85%	3.86%
TD POWER SYSTEMS LTD.	4.14%	3.62%
Welspun Corp Limited	3.53%	3.08%
Kirloskar Oil Engines Ltd.	3.25%	2.85%
MULTI COMMODITY EXCHANGE OF INDIA LIMITED	2.57%	2.57%
HINDUSTAN COPPER LTD.	2.55%	2.55%
Apar Industries Ltd.	2.55%	2.58%
Ami Organics Ltd	2.49%	2.49%
Laurus Labs Ltd	2.44%	2.44%
Bharat Heavy Electricals Ltd.	2.35%	2.35%
Vodafone Idea Ltd	2.27%	2.28%
SHRIRAM FINANCE LIMITED	2.15%	2.15%
National Aluminium Company Ltd.	2.07%	2.07%
ADANI ENERGY SOLUTIONS LTD.	1.98%	1.98%
BHARAT FORGE LTD.	1.96%	1.97%
FEDERAL BANK LTD.	1.89%	1.89%
NAVIN FLUORINE INTERNATIONAL LTD.	1.81%	1.81%
VEDANTA LTD.	1.73%	1.73%
HITACHI ENERGY INDIA LTD.	1.72%	1.73%
ADANI POWER LTD	1.57%	1.58%
KARUR VYSYA BANK LTD.	1.56%	1.56%
Steel Authority of India Ltd.	1.52%	1.52%
GE VERNOVA T&D INDIA LIMITED	1.45%	1.45%
BSE LTD	1.44%	1.44%
India Infoline Ltd	1.35%	1.35%
AU SMALL FINANCE BANK LTD.	1.32%	1.33%
Radico Khaitan Ltd.	1.32%	1.31%
UNION BANK OF INDIA	1.31%	1.31%
ADITYA BIRLA CAPITAL LTD	1.31%	1.31%
L&T FINANCE LTD	1.26%	1.26%
FSN E-Commerce Ventures Ltd.	1.26%	1.26%
One 97 Communications Ltd	1.22%	1.23%
RBL BANK LTD.	1.19%	1.19%
Ashok Leyland Ltd.	1.14%	1.15%
Solar Industries India Limited	1.16%	1.11%
Hindalco Industries Ltd.	1.09%	1.09%
INDIAN BANK	1.05%	1.05%
TVS Motor Company Ltd.	0.93%	0.93%
polycab India Limited	0.88%	0.88%
Cummins India Ltd.	0.88%	0.88%
STATE BANK OF INDIA.	0.88%	0.88%
Eicher Motors Ltd.	0.88%	0.87%
Manappuram Finance Ltd.	0.85%	0.85%
BANK OF INDIA	0.85%	0.86%
Glenmark Pharmaceuticals Ltd	0.78%	0.78%
CANARA BANK	0.69%	0.69%

Overlap: for each holding both funds own, the smaller of its two weights, added up. 94.4% means 94.4% 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 Alpha 50 ETF

Security	% of fund
HFCL LTD	2.26%

Largest holdings only in Motilal Oswal Nifty Alpha 50 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 Alpha 50 ETF	Motilal Oswal Nifty Alpha 50 ETF
Equity	99.4%	94.9%
Debt	0.0%	0.0%
Cash and others	0.6%	5.1%

Market cap of stocks

Market cap	Kotak Nifty Alpha 50 ETF	Motilal Oswal Nifty Alpha 50 ETF
Large Cap	25.0%	24.9%
Mid Cap	29.5%	29.5%
Small Cap	40.8%	36.8%
Not on AMFI's list	4.1%	3.6%

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 Alpha 50 ETF	Motilal Oswal Nifty Alpha 50 ETF
Electrical Equipment	17.1%	17.0%
Banks	10.7%	10.8%
Industrial Products	8.5%	7.7%
Personal Products	8.5%	7.4%
Finance	6.9%	6.9%
Non - Ferrous Metals	5.7%	5.7%

The six largest sectors of each fund's stocks, % of the fund.

Kotak Nifty Alpha 50 ETF vs Motilal Oswal Nifty Alpha 50 ETF: Expense Ratio

What each plan charges a year, from AMFI's expense ratio file

Charge	Kotak Nifty Alpha 50 ETF	Motilal Oswal Nifty Alpha 50 ETF
Base expense ratio (Direct)	0.00%	0.00%
Base expense ratio (Regular)	0.25%	0.45%

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 Alpha 50 ETF vs Motilal Oswal Nifty Alpha 50 ETF: Frequently Asked Questions

What is the difference between Kotak Nifty Alpha 50 ETF and Motilal Oswal Nifty Alpha 50 ETF?

Kotak Nifty Alpha 50 ETF is an ETF fund, Motilal Oswal Nifty Alpha 50 ETF is an ETF fund, run by Kotak Mahindra Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 94.4%. Kotak Nifty Alpha 50 ETF charges 0.71% a year and Motilal Oswal Nifty Alpha 50 ETF 1.03%.

Which has given higher returns, Kotak Nifty Alpha 50 ETF or Motilal Oswal Nifty Alpha 50 ETF?

Over 1 year: Kotak Nifty Alpha 50 ETF +1.38%, Motilal Oswal Nifty Alpha 50 ETF +1.19%. As on 30-10-2026. Past returns do not promise future returns.

Which has the lower expense ratio, Kotak Nifty Alpha 50 ETF or Motilal Oswal Nifty Alpha 50 ETF?

Kotak Nifty Alpha 50 ETF charges less: 0.71% a year against 1.03%. These are the total expense ratios reported to AMFI.

How much do Kotak Nifty Alpha 50 ETF and Motilal Oswal Nifty Alpha 50 ETF overlap?

94.4%. They hold 49 of the same securities, the largest shared ones being CUPID, STLTECH, MTARTECH. From each fund's latest monthly portfolio.

Which is riskier, Kotak Nifty Alpha 50 ETF or Motilal Oswal Nifty Alpha 50 ETF?

On SEBI's riskometer, Kotak Nifty Alpha 50 ETF is rated Very High and Motilal Oswal Nifty Alpha 50 ETF Very High. Over 1 years, the standard deviation of daily returns was 20.35% and 20.37% a year.

Can I invest in both Kotak Nifty Alpha 50 ETF and Motilal Oswal Nifty Alpha 50 ETF?

Yes. 94.4% 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 Alpha 50 ETF and Motilal Oswal Nifty Alpha 50 ETF?

Kotak Nifty Alpha 50 ETF: Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar. Motilal Oswal Nifty Alpha 50 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.