Kotak Nifty Midcap 150 Momentum 50 Index Fund vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Kotak Nifty Midcap 150 Momentum 50 Index Fund is an Index fund and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund is an Index fund. In the year to 30-10-2026, Kotak Nifty Midcap 150 Momentum 50 Index Fund (Direct) returned −4.5% and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct) returned 0.0%. Kotak Nifty Midcap 150 Momentum 50 Index Fund charges 0.65% a year and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund 0.78% (Direct plans). Their portfolios overlap 54.1%: they hold 29 of the same securities.
Kotak Nifty Midcap 150 Momentum 50 Index Fund
Index
- 1 year return
- −4.5%
- Expense ratio
- 0.65%
- NAV
- ₹9.00
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund
Index
- 1 year return
- 0.0%
- Expense ratio
- 0.78%
- NAV
- ₹11.20
Which is better, Kotak Nifty Midcap 150 Momentum 50 Index or UTI Nifty Midsmallcap 400 Momentum Quality 100 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 Midsmallcap 400 Momentum Quality 100 Index returned more over 1 year: 0.0% against −4.5%.
- Kotak Nifty Midcap 150 Momentum 50 Index costs less: 0.65% a year against 0.78% (Direct plans).
- Kotak Nifty Midcap 150 Momentum 50 Index fell less in its worst fall since 18-02-2025: −14.8% against −17.4%.
- Kotak Nifty Midcap 150 Momentum 50 Index is the larger fund: ₹447 Cr against ₹130 Cr.
- Their portfolios overlap 54.1%: 29 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 Midcap 150 Momentum 50 Index Fund | UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | UTI Mutual Fund |
| Category | Index | Index |
| AUM | ₹447 Cr (30-09-2026) | ₹130 Cr (30-09-2026) |
| NAV | ₹9.00 (Direct) | ₹11.20 (Direct) |
| Expense ratio (Direct) | 0.65% | 0.78% |
| Expense ratio (Regular) | 1.31% | 1.27% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY Midcap 150 Momentum 50 TRI | Nifty MidSmallcap400 Momentum Quality 100 TRI |
| Launch date | 08-10-2024 | 13-02-2025 |
| Minimum investment | ₹100 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar | Sharwan Kumar Goyal FM 1, Ayush Jain FM 2, Lokesh Kulthia FM 3 |
| Exit load | Nil | Nil |
Kotak Nifty Midcap 150 Momentum 50 Index vs UTI Nifty Midsmallcap 400 Momentum Quality 100 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 Midcap 150 Momentum 50 Index Fund (Direct) | −2.13% | −4.25% | −2.63% | −4.46% | -- | -- | -- |
| UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct) | −1.53% | −3.37% | −0.88% | +0.01% | -- | -- | -- |
Kotak Nifty Midcap 150 Momentum 50 Index vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: Year-wise Returns
| Year | Kotak Nifty Midcap 150 Momentum 50Kotak Nifty Midcap 150 Momentum 50 Index | UTI Nifty Midsmallcap 400 Momentum Quality 100UTI Nifty Midsmallcap 400 Momentum Quality 100 Index |
|---|---|---|
| 2026to date | −3.79% | +2.89% |
| 2025 | −4.10% | -- |
Kotak Nifty Midcap 150 Momentum 50 Index vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: Rolling Returns
Every holding period of both funds, against Nifty Midcap150 Momentum 50 TRI, the benchmark of Kotak Nifty Midcap 150 Momentum 50 Index Fund
Rolling returns
Every 1-year holding period, 171 of them, one for each trading day from 18-02-2026 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 Midcap 150 Momentum 50 Index Fund (Direct)
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)
Nifty Midcap150 Momentum 50 TRI
to
Mar 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Jul 2025
to
Jul 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 Midcap 150 Momentum 50 Index | 21.6 | 40.9 | 21.1 | 11.1 | 5.3 | 0.0 | 0.0 | 4.3% | 3.7% | −8.1% | 19.3% | 0% |
| UTI Nifty Midsmallcap 400 Momentum Quality 100 Index | 15.8 | 36.3 | 32.2 | 15.2 | 0.6 | 0.0 | 0.0 | 4.9% | 4.5% | −4.6% | 15.3% | 53% |
| Nifty Midcap150 Momentum 50 TRI | 18.1 | 39.2 | 23.4 | 12.3 | 6.4 | 0.6 | 0.0 | 4.9% | 4.3% | −7.6% | 20.1% | -- |
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 Midcap150 Momentum 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 18-02-2025. Past returns do not promise future returns.
Kotak Nifty Midcap 150 Momentum 50 Index vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: 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 03-02-2025 to 30-10-2026: 21 instalments, ₹2,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak Nifty Midcap 150 Momentum 50 IndexKotak Nifty Midcap 150 Momentum 50 Index Fund (Direct) | ₹2,10,000 | ₹2,08,282 | −₹1,718 | −0.9% |
| UTI Nifty Midsmallcap 400 Momentum Quality 100 IndexUTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct) | ₹2,10,000 | ₹2,16,535 | ₹6,535 | 3.4% |
Kotak Nifty Midcap 150 Momentum 50 IndexKotak Nifty Midcap 150 Momentum 50 Index Fund (Direct)
UTI Nifty Midsmallcap 400 Momentum Quality 100 IndexUTI Nifty Midsmallcap 400 Momentum Quality 100 Index 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 Midcap 150 Momentum 50 Index vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Nifty Midcap 150 Momentum 50 Index Fund (Direct) | UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.46% | +0.01% |
| Standard deviation | 18.68% | 17.61% |
| Sharpe ratio | -0.52 | -0.30 |
| Sortino ratio | -0.71 | -0.41 |
| Maximum drawdown | −14.5% (30-03-2026) | −14.6% (23-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.49% | −0.47% |
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 Midcap 150 Momentum 50 Index Fund (Direct) | UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −5.67% | +8.71% |
| Standard deviation | 19.47% | 17.80% |
| Sharpe ratio | -0.58 | 0.18 |
| Sortino ratio | -0.78 | 0.26 |
| Maximum drawdown | −25.5% (13-03-2025) | −17.4% (23-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.59% | −0.54% |
From daily NAVs, 11-10-2024 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 Midcap 150 Momentum 50 Index Fund (Direct)
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)
Nifty Midcap150 Momentum 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Nifty Midcap 150 Momentum 50 Index Fund (Direct) | −14.8% | 30-06-2025 | 30-03-2026 | 27-05-2026 | 58 days | −8.9% |
| UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct) | −17.4% | 10-06-2025 | 23-03-2026 | 27-05-2026 | 2 months | −7.1% |
| Nifty Midcap150 Momentum 50 TRI | −14.5% | 30-06-2025 | 30-03-2026 | 07-05-2026 | 38 days | −8.9% |
From daily values since 18-02-2025, 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 Midcap 150 Momentum 50 Index Fund (Direct)
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)
Nifty Midcap150 Momentum 50 TRI
Against Nifty Midcap150 Momentum 50 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Kotak Nifty Midcap 150 Momentum 50 Index Fund (Direct) | 99% | 101% | 0.16% |
| UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct) | 94% | 86% | 5.01% |
From month-end values since 18-02-2025. 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 Midcap 150 Momentum 50 Index vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Nifty Midcap 150 Momentum 50 Index Fund, September 2026; UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund, September 2026
Holdings in common
- Overlap
- 54.1%
- Held by both
- 29
- Only in Kotak Nifty Midcap 150 Momentum 50 Index
- 21
- Only in UTI Nifty Midsmallcap 400 Momentum Quality 100 Index
- 71
| Security | % of Kotak Nifty Midcap 150 Momentum 50 Index | % of UTI Nifty Midsmallcap 400 Momentum Quality 100 Index |
|---|---|---|
| Laurus Labs Ltd | 7.03% | 4.78% |
| FEDERAL BANK LTD. | 4.61% | 4.11% |
| BSE LTD | 4.11% | 4.16% |
| MULTI COMMODITY EXCHANGE OF INDIA LIMITED | 6.00% | 3.79% |
| BHARAT FORGE LTD. | 3.91% | 2.80% |
| GE VERNOVA T&D INDIA LIMITED | 4.29% | 2.56% |
| polycab India Limited | 3.04% | 2.47% |
| HITACHI ENERGY INDIA LTD. | 3.54% | 2.45% |
| Aurobindo Pharma Ltd. | 2.36% | 2.35% |
| Lupin Ltd. | 2.21% | 2.21% |
| MARICO LTD. | 2.23% | 2.20% |
| AU SMALL FINANCE BANK LTD. | 2.68% | 2.03% |
| Apar Industries Ltd. | 1.90% | 1.89% |
| Radico Khaitan Ltd. | 1.61% | 1.56% |
| National Aluminium Company Ltd. | 3.22% | 1.37% |
| KEI Industries Ltd. | 1.74% | 1.32% |
| Oracle Financial Services Software Ltd | 1.22% | 1.36% |
| APL Apollo Tubes Ltd | 1.24% | 1.19% |
| Indus Towers Ltd. | 1.95% | 1.16% |
| Glenmark Pharmaceuticals Ltd | 2.15% | 1.10% |
| Nippon Life Asset Management Ltd | 1.08% | 1.06% |
| NMDC Ltd. | 1.34% | 1.05% |
| INDIAN BANK | 1.08% | 1.01% |
| BANK OF MAHARASHTRA | 1.05% | 0.97% |
| Thermax Ltd. | 1.15% | 0.78% |
| L&T FINANCE LTD | 1.08% | 0.75% |
| Ajanta Pharma Ltd. | 0.70% | 0.81% |
| Adani Total Gas Ltd. | 0.69% | 0.60% |
| Linde India Ltd. | 0.52% | 0.54% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 54.1% means 54.1% 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 Midcap 150 Momentum 50 Index Fund
| Security | % of fund |
|---|---|
| Bharat Heavy Electricals Ltd. | 4.47% |
| Vodafone Idea Ltd | 2.48% |
| INDUSIND BANK LTD. | 2.14% |
| Steel Authority of India Ltd. | 2.06% |
| One 97 Communications Ltd | 1.88% |
Largest holdings only in UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund
| Security | % of fund |
|---|---|
| EQ - WELSPUN CORP LTD. | 2.35% |
| EQ - HERO MOTOCORP LTD. | 2.28% |
| EQ - DIXON TECHNOLOGIES (INDIA) LTD | 2.15% |
| EQ - SUZLON ENERGY LTD. | 1.91% |
| EQ - SONA BLW PRECISION FORGING LTD | 1.76% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Nifty Midcap 150 Momentum 50 Index | UTI Nifty Midsmallcap 400 Momentum Quality 100 Index |
|---|---|---|
| Equity | 100.1% | 100.1% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.1% | -0.1% |
Market cap of stocks
| Market cap | Kotak Nifty Midcap 150 Momentum 50 Index | UTI Nifty Midsmallcap 400 Momentum Quality 100 Index |
|---|---|---|
| Large Cap | 20.7% | 11.3% |
| Mid Cap | 79.4% | 63.0% |
| Small Cap | 0.0% | 25.9% |
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 Midcap 150 Momentum 50 Index | UTI Nifty Midsmallcap 400 Momentum Quality 100 Index |
|---|---|---|
| Pharmaceuticals & Biotechnology | 0.0% | 16.0% |
| Pharmaceuticals and Biotechnology | 15.7% | 0.0% |
| Electrical Equipment | 15.3% | 10.5% |
| Capital Markets | 11.2% | 15.0% |
| Banks | 12.0% | 10.4% |
| Industrial Products | 6.8% | 9.8% |
| Auto Components | 3.9% | 6.1% |
| Telecom - Services | 5.2% | 1.2% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Nifty Midcap 150 Momentum 50 Index vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Nifty Midcap 150 Momentum 50 Index Fund | UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.65% | 0.78% |
| Base expense ratio (Direct) | 0.24% | 0.46% |
| Total expense ratio (Regular) | 1.31% | 1.27% |
| Base expense ratio (Regular) | 0.79% | 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 Midcap 150 Momentum 50 Index Fund vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund: Frequently Asked Questions
What is the difference between Kotak Nifty Midcap 150 Momentum 50 Index Fund and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?
Kotak Nifty Midcap 150 Momentum 50 Index Fund is an Index fund, UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund is an Index fund, run by Kotak Mahindra Mutual Fund and UTI Mutual Fund. Their portfolios overlap 54.1%. Kotak Nifty Midcap 150 Momentum 50 Index Fund charges 0.65% a year and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund 0.78%.
Which has given higher returns, Kotak Nifty Midcap 150 Momentum 50 Index Fund or UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?
Over 1 year: Kotak Nifty Midcap 150 Momentum 50 Index Fund −4.46%, UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund +0.01%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak Nifty Midcap 150 Momentum 50 Index Fund or UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?
Kotak Nifty Midcap 150 Momentum 50 Index Fund charges less: 0.65% a year against 0.78%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak Nifty Midcap 150 Momentum 50 Index Fund and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund overlap?
54.1%. They hold 29 of the same securities, the largest shared ones being LAURUSLABS, FEDERALBNK, BSE. From each fund's latest monthly portfolio.
Which is riskier, Kotak Nifty Midcap 150 Momentum 50 Index Fund or UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?
On SEBI's riskometer, Kotak Nifty Midcap 150 Momentum 50 Index Fund is rated Very High and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund Very High. Over 1 years, the standard deviation of daily returns was 18.68% and 17.61% a year.
Can I invest in both Kotak Nifty Midcap 150 Momentum 50 Index Fund and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?
Yes. 54.1% 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 Midcap 150 Momentum 50 Index Fund and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?
Kotak Nifty Midcap 150 Momentum 50 Index Fund: Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar. UTI Nifty Midsmallcap 400 Momentum Quality 100 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.