Kotak Nifty Alpha 50 ETF vs Samco Multi Cap Fund
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 Samco Multi Cap Fund is a Multi Cap fund. In the year to 30-10-2026, Kotak Nifty Alpha 50 ETF returned 1.4% and Samco Multi Cap Fund (Direct) returned −3.5%. Kotak Nifty Alpha 50 ETF charges 0.71% a year and Samco Multi Cap Fund 2.26%. Their portfolios overlap 29.2%: they hold 25 of the same securities.
Which is better, Kotak Nifty Alpha 50 ETF or Samco Multi Cap? 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 −3.5%.
- Kotak Nifty Alpha 50 ETF costs less: 0.71% a year against 2.26%.
- Samco Multi Cap fell less in its worst fall since 06-11-2024: −20.1% against −28.8%.
- Kotak Nifty Alpha 50 ETF is the larger fund: ₹892 Cr against ₹220 Cr.
- Their portfolios overlap 29.2%: 25 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 Alpha 50 ETF | Samco Multi Cap Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Samco Mutual Fund |
| Category | ETF | Multi Cap |
| AUM | ₹892 Cr (30-09-2026) | ₹220 Cr (30-09-2026) |
| NAV | ₹49.77 | ₹9.06 (Direct) |
| Expense ratio (Direct) | Not available | 2.26% |
| Expense ratio (Regular) | Not available | 3.74% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Alpha 50 TRI | NIFTY 500 Multicap 50:25:25 Total Return Index |
| Launch date | 22-12-2021 | 30-10-2024 |
| 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 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar | Umeshkumar Mehta, Nirali Bhansali, Dhawal Dhanani, Vishal Shinde |
| Exit load | Nil | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. |
Kotak Nifty Alpha 50 ETF vs Samco Multi Cap: 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% | -- | -- |
| Samco Multi Cap Fund (Direct) | −1.52% | +3.90% | +4.86% | −3.51% | -- | -- | -- |
| Multi Cap average | −2.65% | −3.95% | +1.99% | −1.14% | -- | -- | -- |
Category average: the average of the 33 Multi Cap funds, same plan type.
Kotak Nifty Alpha 50 ETF vs Samco Multi Cap: Year-wise Returns
| Year | Kotak Nifty Alpha 50 ETFKotak Nifty Alpha 50 ETF | Samco Multi CapSamco Multi Cap |
|---|---|---|
| 2026to date | +3.29% | +0.33% |
| 2025 | −10.82% | −6.91% |
| 2024 | +32.40% | -- |
| 2023 | +41.79% | -- |
| 2022 | −16.57% | -- |
Kotak Nifty Alpha 50 ETF vs Samco Multi Cap: Rolling Returns
Every holding period of both funds, against Nifty Alpha 50 TRI, the benchmark of Kotak Nifty Alpha 50 ETF
Rolling returns
Every 1-year holding period, 243 of them, one for each trading day from 06-11-2025 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 Alpha 50 ETF
Samco Multi Cap Fund (Direct)
Nifty Alpha 50 TRI
to
Dec 2025Feb 2025
to
Feb 2026Apr 2025
to
Apr 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 Alpha 50 ETF | 31.3 | 26.3 | 22.2 | 17.7 | 2.5 | 0.0 | 0.0 | 2.7% | 3.2% | −16.4% | 17.8% | 0% |
| Samco Multi Cap | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −6.2% | −6.1% | −13.1% | −0.3% | 15% |
| Nifty Alpha 50 TRI | 28.8 | 25.1 | 23.0 | 18.5 | 4.5 | 0.0 | 0.0 | 3.4% | 3.8% | −15.7% | 18.7% | -- |
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 06-11-2024. Past returns do not promise future returns.
Kotak Nifty Alpha 50 ETF vs Samco Multi Cap: 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 04-11-2024 to 30-10-2026: 24 instalments, ₹2,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak Nifty Alpha 50 ETFKotak Nifty Alpha 50 ETF | ₹2,40,000 | ₹2,44,908 | ₹4,908 | 2.0% |
| Samco Multi CapSamco Multi Cap Fund (Direct) | ₹2,40,000 | ₹2,38,116 | −₹1,884 | −0.8% |
Kotak Nifty Alpha 50 ETFKotak Nifty Alpha 50 ETF
Samco Multi CapSamco Multi Cap 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 Nifty Alpha 50 ETF vs Samco Multi Cap: 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 | Samco Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +1.38% | −3.51% |
| Standard deviation | 20.35% | 12.65% |
| Sharpe ratio | -0.19 | -0.69 |
| Sortino ratio | -0.26 | -0.90 |
| Maximum drawdown | −15.1% (31-03-2026) | −13.8% (23-03-2026) |
| Beta | 1.00 | 0.68 |
| Alpha | −1.62% | −1.13% |
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 | Samco Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.13% | −5.15% |
| Standard deviation | 21.61% | 11.24% |
| Sharpe ratio | 0.10 | -0.96 |
| Sortino ratio | 0.14 | -1.22 |
| Maximum drawdown | −33.5% (27-02-2023) | −20.1% (23-03-2026) |
| Beta | 1.00 | 0.62 |
| Alpha | −1.90% | −6.42% |
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.
Kotak Nifty Alpha 50 ETF
Samco Multi Cap Fund (Direct)
Nifty 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 | −28.8% | 11-12-2024 | 03-03-2025 | Not yet | -- | −12.7% |
| Samco Multi Cap Fund (Direct) | −20.1% | 11-12-2024 | 23-03-2026 | Not yet | -- | −10.5% |
| Nifty Alpha 50 TRI | −28.7% | 11-12-2024 | 03-03-2025 | Not yet | -- | −10.7% |
From daily values since 06-11-2024, 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 Alpha 50 ETF
Samco Multi Cap Fund (Direct)
Nifty Alpha 50 TRI
Against Nifty Alpha 50 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Kotak Nifty Alpha 50 ETF | 99% | 102% | 0.59% |
| Samco Multi Cap Fund (Direct) | 40% | 50% | 14.86% |
From month-end values since 06-11-2024. 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 Alpha 50 ETF vs Samco Multi Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Nifty Alpha 50 ETF, September 2026; Samco Multi Cap Fund, September 2026
Holdings in common
- Overlap
- 29.2%
- Held by both
- 25
- Only in Kotak Nifty Alpha 50 ETF
- 25
- Only in Samco Multi Cap
- 68
| Security | % of Kotak Nifty Alpha 50 ETF | % of Samco Multi Cap |
|---|---|---|
| Laurus Labs Ltd | 2.44% | 1.82% |
| MULTI COMMODITY EXCHANGE OF INDIA LIMITED | 2.57% | 1.71% |
| National Aluminium Company Ltd. | 2.07% | 1.69% |
| FEDERAL BANK LTD. | 1.89% | 1.59% |
| Welspun Corp Limited | 3.53% | 1.50% |
| Bharat Heavy Electricals Ltd. | 2.35% | 1.44% |
| ADANI POWER LTD | 1.57% | 1.38% |
| HFCL LTD | 2.26% | 1.37% |
| MTAR TECHNOLOGIES LIMITED | 4.89% | 1.31% |
| Vodafone Idea Ltd | 2.27% | 1.29% |
| ADANI ENERGY SOLUTIONS LTD. | 1.98% | 1.28% |
| FSN E-Commerce Ventures Ltd. | 1.26% | 1.65% |
| Kirloskar Oil Engines Ltd. | 3.25% | 1.20% |
| Ami Organics Ltd | 2.49% | 1.20% |
| Solar Industries India Limited | 1.16% | 1.94% |
| STERLITE TECHNOLOGIES LIMITED. | 5.33% | 1.11% |
| BHARAT FORGE LTD. | 1.96% | 1.07% |
| KARUR VYSYA BANK LTD. | 1.56% | 1.07% |
| HITACHI ENERGY INDIA LTD. | 1.72% | 0.98% |
| VEDANTA LTD. | 1.73% | 0.93% |
| Radico Khaitan Ltd. | 1.32% | 0.86% |
| BANK OF INDIA | 0.85% | 1.72% |
| Apar Industries Ltd. | 2.55% | 0.66% |
| TD POWER SYSTEMS LTD. | 4.14% | 0.49% |
| ATHER ENERGY LTD | 3.85% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 29.2% means 29.2% 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 |
|---|---|
| CUPID LTD. | 8.46% |
| HINDUSTAN COPPER LTD. | 2.55% |
| SHRIRAM FINANCE LIMITED | 2.15% |
| NAVIN FLUORINE INTERNATIONAL LTD. | 1.81% |
| Steel Authority of India Ltd. | 1.52% |
Largest holdings only in Samco Multi Cap Fund
| Security | % of fund |
|---|---|
| National Stock Exchange Of India Ltd | 4.27% |
| Lalithaa Jewellery Mart Ltd | 2.16% |
| Bank of Maharashtra | 1.72% |
| Divi's Laboratories Limited | 1.62% |
| Samvardhana Motherson International Limited | 1.58% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Nifty Alpha 50 ETF | Samco Multi Cap |
|---|---|---|
| Equity | 99.4% | 85.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.6% | 15.0% |
Market cap of stocks
| Market cap | Kotak Nifty Alpha 50 ETF | Samco Multi Cap |
|---|---|---|
| Large Cap | 25.0% | 18.8% |
| Mid Cap | 29.5% | 19.2% |
| Small Cap | 40.8% | 37.2% |
| Not on AMFI's list | 4.1% | 9.9% |
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 | Samco Multi Cap |
|---|---|---|
| Electrical Equipment | 17.1% | 7.8% |
| Banks | 10.7% | 9.4% |
| Pharmaceuticals & Biotechnology | 0.0% | 9.9% |
| Industrial Products | 8.5% | 4.8% |
| Personal Products | 8.5% | 0.8% |
| Capital Markets | 4.0% | 7.1% |
| Finance | 6.9% | 1.5% |
| Non - Ferrous Metals | 5.7% | 1.7% |
| Auto Components | 2.0% | 5.3% |
| Consumer Durables | 0.0% | 5.0% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Nifty Alpha 50 ETF vs Samco Multi Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Nifty Alpha 50 ETF | Samco Multi Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 2.26% |
| Base expense ratio (Direct) | 0.00% | 0.77% |
| Total expense ratio (Regular) | Not available | 3.74% |
| Base expense ratio (Regular) | 0.25% | 2.10% |
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.
More comparisons
Each fund against the others of its category
Kotak Nifty Alpha 50 ETF vs Samco Multi Cap Fund: Frequently Asked Questions
What is the difference between Kotak Nifty Alpha 50 ETF and Samco Multi Cap Fund?
Kotak Nifty Alpha 50 ETF is an ETF fund, Samco Multi Cap Fund is a Multi Cap fund, run by Kotak Mahindra Mutual Fund and Samco Mutual Fund. Their portfolios overlap 29.2%. Kotak Nifty Alpha 50 ETF charges 0.71% a year and Samco Multi Cap Fund 2.26%.
Which has given higher returns, Kotak Nifty Alpha 50 ETF or Samco Multi Cap Fund?
Over 1 year: Kotak Nifty Alpha 50 ETF +1.38%, Samco Multi Cap Fund −3.51%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak Nifty Alpha 50 ETF or Samco Multi Cap Fund?
Kotak Nifty Alpha 50 ETF charges less: 0.71% a year against 2.26%. These are the total expense ratios reported to AMFI.
How much do Kotak Nifty Alpha 50 ETF and Samco Multi Cap Fund overlap?
29.2%. They hold 25 of the same securities, the largest shared ones being LAURUSLABS, MCX, NATIONALUM. From each fund's latest monthly portfolio.
Which is riskier, Kotak Nifty Alpha 50 ETF or Samco Multi Cap Fund?
On SEBI's riskometer, Kotak Nifty Alpha 50 ETF is rated Very High and Samco Multi Cap Fund Very High. Over 1 years, the standard deviation of daily returns was 20.35% and 12.65% a year.
Can I invest in both Kotak Nifty Alpha 50 ETF and Samco Multi Cap Fund?
Yes. 29.2% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Kotak Nifty Alpha 50 ETF and Samco Multi Cap Fund?
Kotak Nifty Alpha 50 ETF: Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar. Samco Multi Cap Fund: Umeshkumar Mehta, Nirali Bhansali, Dhawal Dhanani, Vishal Shinde.
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.