Kotak NIFTY Alpha Low Volatility 30 Index Fund vs UTI Nifty Alpha Low-Volatility 30 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Kotak NIFTY Alpha Low Volatility 30 Index Fund is an Index fund and UTI Nifty Alpha Low-Volatility 30 Index Fund is an Index fund. Kotak NIFTY Alpha Low Volatility 30 Index Fund charges 1.00% a year and UTI Nifty Alpha Low-Volatility 30 Index Fund 0.79% (Direct plans). Their portfolios overlap 99.7%: they hold 30 of the same securities.
Kotak NIFTY Alpha Low Volatility 30 Index Fund
Index
- Expense ratio
- 1.00%
- NAV
- ₹9.54
UTI Nifty Alpha Low-Volatility 30 Index Fund
Index
- Expense ratio
- 0.79%
- NAV
- ₹9.12
Which is better, Kotak NIFTY Alpha Low Volatility 30 Index or UTI Nifty Alpha Low-Volatility 30 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- UTI Nifty Alpha Low-Volatility 30 Index costs less: 0.79% a year against 1.00% (Direct plans).
- Kotak NIFTY Alpha Low Volatility 30 Index fell less in its worst fall since 22-06-2026: −12.4% against −12.4%.
- UTI Nifty Alpha Low-Volatility 30 Index is the larger fund: ₹63 Cr against ₹7 Cr.
- Their portfolios overlap 99.7%: 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 Alpha Low Volatility 30 Index Fund | UTI Nifty Alpha Low-Volatility 30 Index Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | UTI Mutual Fund |
| Category | Index | Index |
| AUM | ₹7 Cr (30-09-2026) | ₹63 Cr (30-09-2026) |
| NAV | ₹9.54 (Direct) | ₹9.12 (Direct) |
| Expense ratio (Direct) | 1.00% | 0.79% |
| Expense ratio (Regular) | 1.58% | 1.21% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Alpha Low -Volatility 30 TRI | Nifty Alpha Low -Volatility 30 TRI |
| Launch date | 17-06-2026 | 28-11-2024 |
| Minimum investment | ₹500 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Satish Dondapati, Jeetu Valechha Sonar, Abhishek Bisen | Sharwan Kumar Goyal FM 1, Ayush Jain FM 2, Lokesh Kulthia FM 3 |
| Exit load | NIL | Nil |
Kotak NIFTY Alpha Low Volatility 30 Index vs UTI Nifty Alpha Low-Volatility 30 Index: 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 Low Volatility 30 Index Fund (Direct) | −1.06% | −8.63% | -- | -- | -- | -- | -- |
| UTI Nifty Alpha Low-Volatility 30 Index Fund (Direct) | −1.08% | −8.71% | −2.57% | −7.39% | -- | -- | -- |
Kotak NIFTY Alpha Low Volatility 30 Index vs UTI Nifty Alpha Low-Volatility 30 Index: Year-wise Returns
| Year | Kotak NIFTY Alpha Low VolatilityKotak NIFTY Alpha Low Volatility 30 Index | UTI Nifty Alpha Low-VolatilityUTI Nifty Alpha Low-Volatility 30 Index | NIFTY Alpha Low-Volatility 30 TRI |
|---|---|---|---|
| 2026to date | -- | −7.59% | −7.07% |
| 2025 | -- | −0.23% | +0.33% |
Kotak NIFTY Alpha Low Volatility 30 Index vs UTI Nifty Alpha Low-Volatility 30 Index: Rolling Returns
Every holding period of both funds, against NIFTY Alpha Low-Volatility 30 TRI, the benchmark of both
Kotak NIFTY Alpha Low Volatility 30 Index vs UTI Nifty Alpha Low-Volatility 30 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak NIFTY Alpha Low Volatility 30 Index Fund (Direct) | UTI Nifty Alpha Low-Volatility 30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −13.59% | −5.86% |
| Standard deviation | 10.46% | 12.73% |
| Sharpe ratio | -1.80 | -0.90 |
| Sortino ratio | -2.21 | -1.20 |
| Maximum drawdown | −12.4% (23-10-2026) | −16.6% (28-02-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.50% | −0.59% |
From daily NAVs, 22-06-2026 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 Low Volatility 30 Index Fund (Direct)
UTI Nifty Alpha Low-Volatility 30 Index Fund (Direct)
NIFTY Alpha Low-Volatility 30 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak NIFTY Alpha Low Volatility 30 Index Fund (Direct) | −12.4% | 03-08-2026 | 23-10-2026 | Not yet | -- | −10.2% |
| UTI Nifty Alpha Low-Volatility 30 Index Fund (Direct) | −12.4% | 03-08-2026 | 23-10-2026 | Not yet | -- | −10.3% |
| NIFTY Alpha Low-Volatility 30 TRI | −12.3% | 03-08-2026 | 23-10-2026 | Not yet | -- | −10.1% |
From daily values since 22-06-2026, the first day every fund has.
Kotak NIFTY Alpha Low Volatility 30 Index vs UTI Nifty Alpha Low-Volatility 30 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak NIFTY Alpha Low Volatility 30 Index Fund, September 2026; UTI Nifty Alpha Low-Volatility 30 Index Fund, September 2026
Holdings in common
- Overlap
- 99.7%
- Held by both
- 30
- Only in Kotak NIFTY Alpha Low Volatility 30 Index
- 0
- Only in UTI Nifty Alpha Low-Volatility 30 Index
- 0
| Security | % of Kotak NIFTY Alpha Low Volatility 30 Index | % of UTI Nifty Alpha Low-Volatility 30 Index |
|---|---|---|
| TORRENT PHARMACEUTICALS LTD. | 4.73% | 4.72% |
| NTPC LTD | 4.11% | 4.10% |
| Bajaj Auto Ltd. | 4.01% | 4.00% |
| MARICO LTD. | 3.99% | 3.97% |
| Apollo Hospitals Enterprise Ltd. | 3.93% | 3.91% |
| Hindalco Industries Ltd. | 3.81% | 3.79% |
| ICICI BANK LTD. | 3.78% | 3.76% |
| Nestle India Ltd. | 3.72% | 3.71% |
| JSW Steel Ltd. | 3.62% | 3.61% |
| Grasim Industries Ltd. | 3.61% | 3.60% |
| SUN PHARMACEUTICAL INDUSTRIES LTD. | 3.61% | 3.59% |
| FEDERAL BANK LTD. | 3.55% | 3.53% |
| SBI Life Insurance Company Ltd | 3.54% | 3.52% |
| Cummins India Ltd. | 3.50% | 3.48% |
| BHARTI AIRTEL LTD. | 3.33% | 3.32% |
| TITAN COMPANY LTD. | 3.27% | 3.25% |
| Lupin Ltd. | 3.24% | 3.23% |
| TVS Motor Company Ltd. | 3.23% | 3.22% |
| STATE BANK OF INDIA. | 3.15% | 3.13% |
| Pidilite Industries Ltd. | 3.06% | 3.05% |
| Coal India Limited | 3.05% | 3.04% |
| Eicher Motors Ltd. | 3.04% | 3.02% |
| Britannia Industries Ltd. | 2.91% | 2.90% |
| RELIANCE INDUSTRIES LTD. | 2.82% | 2.81% |
| Zydus Lifesciences Ltd. | 2.79% | 2.78% |
| Ultratech Cement Ltd. | 2.75% | 2.74% |
| Asian Paints(India) Ltd. | 2.72% | 2.71% |
| Maruti Suzuki India Limited | 2.51% | 2.50% |
| TATA CONSUMER PRODUCTS LTD. | 2.49% | 2.48% |
| Max Financial Services Ltd | 2.19% | 2.18% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.7% means 99.7% 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 Low Volatility 30 Index Fund
Every holding of this fund is also held by the other.
Largest holdings only in UTI Nifty Alpha Low-Volatility 30 Index Fund
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 Low Volatility 30 Index | UTI Nifty Alpha Low-Volatility 30 Index |
|---|---|---|
| Equity | 100.1% | 99.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.1% | 0.3% |
Market cap of stocks
| Market cap | Kotak NIFTY Alpha Low Volatility 30 Index | UTI Nifty Alpha Low-Volatility 30 Index |
|---|---|---|
| Large Cap | 84.3% | 84.0% |
| Mid Cap | 15.8% | 15.7% |
| 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 Alpha Low Volatility 30 Index | UTI Nifty Alpha Low-Volatility 30 Index |
|---|---|---|
| Pharmaceuticals and Biotechnology | 14.4% | 0.0% |
| Pharmaceuticals & Biotechnology | 0.0% | 14.3% |
| Automobiles | 12.8% | 12.7% |
| Banks | 10.5% | 10.4% |
| Food Products | 6.6% | 6.6% |
| Agricultural Food and other Product | 6.5% | 0.0% |
| Agricultural Food & other Products | 0.0% | 6.5% |
| Cement and Cement Products | 6.4% | 0.0% |
| Cement & Cement Products | 0.0% | 6.3% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak NIFTY Alpha Low Volatility 30 Index vs UTI Nifty Alpha Low-Volatility 30 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak NIFTY Alpha Low Volatility 30 Index Fund | UTI Nifty Alpha Low-Volatility 30 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.00% | 0.79% |
| Base expense ratio (Direct) | 0.20% | 0.51% |
| Total expense ratio (Regular) | 1.58% | 1.21% |
| Base expense ratio (Regular) | 0.69% | 0.90% |
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 Low Volatility 30 Index Fund vs UTI Nifty Alpha Low-Volatility 30 Index Fund: Frequently Asked Questions
What is the difference between Kotak NIFTY Alpha Low Volatility 30 Index Fund and UTI Nifty Alpha Low-Volatility 30 Index Fund?
Kotak NIFTY Alpha Low Volatility 30 Index Fund is an Index fund, UTI Nifty Alpha Low-Volatility 30 Index Fund is an Index fund, run by Kotak Mahindra Mutual Fund and UTI Mutual Fund. Their portfolios overlap 99.7%. Kotak NIFTY Alpha Low Volatility 30 Index Fund charges 1.00% a year and UTI Nifty Alpha Low-Volatility 30 Index Fund 0.79%.
Which has the lower expense ratio, Kotak NIFTY Alpha Low Volatility 30 Index Fund or UTI Nifty Alpha Low-Volatility 30 Index Fund?
UTI Nifty Alpha Low-Volatility 30 Index Fund charges less: 0.79% a year against 1.00%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak NIFTY Alpha Low Volatility 30 Index Fund and UTI Nifty Alpha Low-Volatility 30 Index Fund overlap?
99.7%. They hold 30 of the same securities, the largest shared ones being TORNTPHARM, NTPC, BAJAJ-AUTO. From each fund's latest monthly portfolio.
Which is riskier, Kotak NIFTY Alpha Low Volatility 30 Index Fund or UTI Nifty Alpha Low-Volatility 30 Index Fund?
On SEBI's riskometer, Kotak NIFTY Alpha Low Volatility 30 Index Fund is rated Very High and UTI Nifty Alpha Low-Volatility 30 Index Fund Very High. Over their common history, the standard deviation of daily returns was 10.46% and 12.73% a year.
Can I invest in both Kotak NIFTY Alpha Low Volatility 30 Index Fund and UTI Nifty Alpha Low-Volatility 30 Index Fund?
Yes. 99.7% 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 Low Volatility 30 Index Fund and UTI Nifty Alpha Low-Volatility 30 Index Fund?
Kotak NIFTY Alpha Low Volatility 30 Index Fund: Satish Dondapati, Jeetu Valechha Sonar, Abhishek Bisen. UTI Nifty Alpha Low-Volatility 30 Index Fund: Sharwan Kumar Goyal FM 1, Ayush Jain FM 2, Lokesh Kulthia FM 3.
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.