Kotak Nifty Midcap 50 Index Fund vs Motilal Oswal Nifty MidSmall India Consumption Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Kotak Nifty Midcap 50 Index Fund is an Index fund and Motilal Oswal Nifty MidSmall India Consumption Index Fund is a mutual fund. In the year to 30-10-2026, Kotak Nifty Midcap 50 Index Fund (Direct) returned −3.0% and Motilal Oswal Nifty MidSmall India Consumption Index Fund (Direct) returned −13.9%. Kotak Nifty Midcap 50 Index Fund charges 0.47% a year and Motilal Oswal Nifty MidSmall India Consumption Index Fund 0.80% (Direct plans). Their portfolios overlap 29.1%: they hold 16 of the same securities.
Kotak Nifty Midcap 50 Index Fund
Index
- 1 year return
- −3.0%
- Expense ratio
- 0.47%
- NAV
- ₹10.16
Motilal Oswal Nifty MidSmall India Consumption Index Fund
- 1 year return
- −13.9%
- Expense ratio
- 0.80%
- NAV
- ₹8.98
Which is better, Kotak Nifty Midcap 50 Index or Motilal Oswal Nifty MidSmall India Consumption Index? 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 Midcap 50 Index returned more over 1 year: −3.0% against −13.9%.
- Kotak Nifty Midcap 50 Index costs less: 0.47% a year against 0.80% (Direct plans).
- Kotak Nifty Midcap 50 Index fell less in its worst fall since 25-11-2024: −18.3% against −24.3%.
- Kotak Nifty Midcap 50 Index is the larger fund: ₹83 Cr against ₹23 Cr.
- Their portfolios overlap 29.1%: 16 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 50 Index Fund | Motilal Oswal Nifty MidSmall India Consumption Index Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Index | Not available |
| AUM | ₹83 Cr (30-09-2026) | ₹23 Cr (30-09-2026) |
| NAV | ₹10.16 (Direct) | ₹8.98 (Direct) |
| Expense ratio (Direct) | 0.47% | 0.80% |
| Expense ratio (Regular) | 1.08% | 1.22% |
| Riskometer | Very High | Not available |
| Benchmark | NIFTY Midcap 50 TRI | Not available |
| Launch date | 16-08-2024 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar | Not available |
| Exit load | Nil | Not available |
Kotak Nifty Midcap 50 Index vs Motilal Oswal Nifty MidSmall India Consumption 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 50 Index Fund (Direct) | −2.99% | −8.39% | −2.02% | −2.96% | -- | -- | -- |
| Motilal Oswal Nifty MidSmall India Consumption Index Fund (Direct) | −3.28% | −10.84% | −3.45% | −13.86% | -- | -- | -- |
Kotak Nifty Midcap 50 Index vs Motilal Oswal Nifty MidSmall India Consumption Index: Year-wise Returns
| Year | Kotak Nifty Midcap 50Kotak Nifty Midcap 50 Index | Motilal Oswal Nifty MidSmall India ConsumptionMotilal Oswal Nifty MidSmall India Consumption Index |
|---|---|---|
| 2026to date | −4.14% | −9.18% |
| 2025 | +8.02% | −8.27% |
Kotak Nifty Midcap 50 Index vs Motilal Oswal Nifty MidSmall India Consumption Index: Rolling Returns
Every holding period of both funds, against Nifty Midcap 50 TRI, the benchmark of Kotak Nifty Midcap 50 Index Fund
Rolling returns
Every 1-year holding period, 229 of them, one for each trading day from 25-11-2025 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 Midcap 50 Index Fund (Direct)
Motilal Oswal Nifty MidSmall India Consumption Index Fund (Direct)
Nifty Midcap 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 Midcap 50 Index | 2.6 | 14.0 | 36.2 | 31.4 | 11.8 | 3.9 | 0.0 | 10.0% | 9.7% | −4.2% | 22.4% | 0% |
| Motilal Oswal Nifty MidSmall India Consumption Index | 92.6 | 6.6 | 0.9 | 0.0 | 0.0 | 0.0 | 0.0 | −6.0% | −6.5% | −17.1% | 5.5% | 0% |
| Nifty Midcap 50 TRI | 2.6 | 10.9 | 34.9 | 31.0 | 16.6 | 3.9 | 0.0 | 10.5% | 10.2% | −3.8% | 23.1% | -- |
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 Midcap 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 25-11-2024. Past returns do not promise future returns.
Kotak Nifty Midcap 50 Index vs Motilal Oswal Nifty MidSmall India Consumption 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 04-11-2024 to 30-10-2026: 24 instalments, ₹2,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak Nifty Midcap 50 IndexKotak Nifty Midcap 50 Index Fund (Direct) | ₹2,40,000 | ₹2,44,124 | ₹4,124 | 1.7% |
| Motilal Oswal Nifty MidSmall India Consumption IndexMotilal Oswal Nifty MidSmall India Consumption Index Fund (Direct) | ₹2,40,000 | ₹2,20,267 | −₹19,733 | −8.1% |
Kotak Nifty Midcap 50 IndexKotak Nifty Midcap 50 Index Fund (Direct)
Motilal Oswal Nifty MidSmall India Consumption IndexMotilal Oswal Nifty MidSmall India Consumption 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 50 Index vs Motilal Oswal Nifty MidSmall India Consumption Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Nifty Midcap 50 Index Fund (Direct) | Motilal Oswal Nifty MidSmall India Consumption Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.96% | −13.86% |
| Standard deviation | 16.84% | 16.79% |
| Sharpe ratio | -0.49 | -1.14 |
| Sortino ratio | -0.65 | -1.49 |
| Maximum drawdown | −14.5% (30-03-2026) | −20.1% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.40% | −0.45% |
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 50 Index Fund (Direct) | Motilal Oswal Nifty MidSmall India Consumption Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +0.17% | −6.76% |
| Standard deviation | 17.29% | 16.83% |
| Sharpe ratio | -0.32 | -0.74 |
| Sortino ratio | -0.43 | -0.97 |
| Maximum drawdown | −20.4% (28-02-2025) | −24.3% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.56% | −0.67% |
From daily NAVs, 21-08-2024 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 50 Index Fund (Direct)
Motilal Oswal Nifty MidSmall India Consumption Index Fund (Direct)
Nifty Midcap 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Nifty Midcap 50 Index Fund (Direct) | −18.3% | 16-12-2024 | 28-02-2025 | 09-06-2025 | 3 months | −10.7% |
| Motilal Oswal Nifty MidSmall India Consumption Index Fund (Direct) | −24.3% | 16-12-2024 | 31-03-2026 | Not yet | -- | −18.4% |
| Nifty Midcap 50 TRI | −18.2% | 16-12-2024 | 28-02-2025 | 06-06-2025 | 3 months | −10.6% |
From daily values since 25-11-2024, 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 Midcap 50 Index Fund (Direct)
Motilal Oswal Nifty MidSmall India Consumption Index Fund (Direct)
Nifty Midcap 50 TRI
Against Nifty Midcap 50 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Kotak Nifty Midcap 50 Index Fund (Direct) | 99% | 101% | 0.08% |
| Motilal Oswal Nifty MidSmall India Consumption Index Fund (Direct) | 71% | 107% | 9.32% |
From month-end values since 25-11-2024. 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 Midcap 50 Index vs Motilal Oswal Nifty MidSmall India Consumption Index: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Nifty Midcap 50 Index Fund, September 2026; Motilal Oswal Nifty MidSmall India Consumption Index Fund, September 2026
Holdings in common
- Overlap
- 29.1%
- Held by both
- 16
- Only in Kotak Nifty Midcap 50 Index
- 34
- Only in Motilal Oswal Nifty MidSmall India Consumption Index
- 14
| Security | % of Kotak Nifty Midcap 50 Index | % of Motilal Oswal Nifty MidSmall India Consumption Index |
|---|---|---|
| Hero MotoCorp Ltd. | 3.17% | 7.03% |
| INDIAN HOTELS CO LTD | 2.98% | 6.61% |
| Dixon Technologies India Ltd | 2.54% | 5.64% |
| Info Edge India Ltd. | 2.20% | 4.89% |
| FSN E-Commerce Ventures Ltd. | 2.04% | 4.53% |
| MARICO LTD. | 1.94% | 4.31% |
| Fortis Healthcare India Ltd | 1.87% | 4.15% |
| United Spirits Ltd | 1.86% | 4.14% |
| SWIGGY LTD | 1.75% | 3.88% |
| PHOENIX MILLS LTD. | 1.68% | 3.74% |
| MANKIND PHARMA LTD | 1.32% | 2.93% |
| VISHAL MEGA MART LIMITED | 1.32% | 2.93% |
| Havells India Ltd. | 1.19% | 2.65% |
| Prestige Estates Projects Limited | 1.16% | 2.58% |
| Dabur India Ltd. | 1.04% | 2.32% |
| GODREJ PROPERTIES LIMITED | 1.03% | 2.28% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 29.1% means 29.1% 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 50 Index Fund
| Security | % of fund |
|---|---|
| MULTI COMMODITY EXCHANGE OF INDIA LIMITED | 3.92% |
| FEDERAL BANK LTD. | 3.65% |
| Laurus Labs Ltd | 3.59% |
| One 97 Communications Ltd | 3.37% |
| Bharat Heavy Electricals Ltd. | 2.82% |
Largest holdings only in Motilal Oswal Nifty MidSmall India Consumption Index Fund
| Security | % of fund |
|---|---|
| Lenskart Solutions Limited | 5.19% |
| Radico Khaitan Limited | 3.54% |
| Lodha Developers Limited | 3.49% |
| Alkem Laboratories Limited | 3.22% |
| Voltas Limited | 2.52% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Nifty Midcap 50 Index | Motilal Oswal Nifty MidSmall India Consumption Index |
|---|---|---|
| Equity | 100.2% | 100.5% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.2% | -0.5% |
Market cap of stocks
| Market cap | Kotak Nifty Midcap 50 Index | Motilal Oswal Nifty MidSmall India Consumption Index |
|---|---|---|
| Large Cap | 5.1% | 0.0% |
| Mid Cap | 95.1% | 97.3% |
| Small Cap | 0.0% | 3.2% |
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 50 Index | Motilal Oswal Nifty MidSmall India Consumption Index |
|---|---|---|
| Retailing | 7.3% | 21.4% |
| Consumer Durables | 3.7% | 14.2% |
| Realty | 3.9% | 14.2% |
| Banks | 13.4% | 0.0% |
| Leisure Services | 3.0% | 11.8% |
| Pharmaceuticals and Biotechnology | 11.0% | 0.0% |
| Electrical Equipment | 8.5% | 0.0% |
| Beverages | 1.9% | 7.7% |
| Automobiles | 3.2% | 7.0% |
| Financial Technology (Fintech) | 5.1% | 0.0% |
| Capital Markets | 3.9% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Nifty Midcap 50 Index vs Motilal Oswal Nifty MidSmall India Consumption Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Nifty Midcap 50 Index Fund | Motilal Oswal Nifty MidSmall India Consumption Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.47% | 0.80% |
| Base expense ratio (Direct) | 0.21% | 0.55% |
| Total expense ratio (Regular) | 1.08% | 1.22% |
| Base expense ratio (Regular) | 0.73% | 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 50 Index Fund vs Motilal Oswal Nifty MidSmall India Consumption Index Fund: Frequently Asked Questions
What is the difference between Kotak Nifty Midcap 50 Index Fund and Motilal Oswal Nifty MidSmall India Consumption Index Fund?
Kotak Nifty Midcap 50 Index Fund is an Index fund, Motilal Oswal Nifty MidSmall India Consumption Index Fund is a mutual fund, run by Kotak Mahindra Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 29.1%. Kotak Nifty Midcap 50 Index Fund charges 0.47% a year and Motilal Oswal Nifty MidSmall India Consumption Index Fund 0.80%.
Which has given higher returns, Kotak Nifty Midcap 50 Index Fund or Motilal Oswal Nifty MidSmall India Consumption Index Fund?
Over 1 year: Kotak Nifty Midcap 50 Index Fund −2.96%, Motilal Oswal Nifty MidSmall India Consumption Index Fund −13.86%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak Nifty Midcap 50 Index Fund or Motilal Oswal Nifty MidSmall India Consumption Index Fund?
Kotak Nifty Midcap 50 Index Fund charges less: 0.47% a year against 0.80%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak Nifty Midcap 50 Index Fund and Motilal Oswal Nifty MidSmall India Consumption Index Fund overlap?
29.1%. They hold 16 of the same securities, the largest shared ones being HEROMOTOCO, INDHOTEL, DIXON. From each fund's latest monthly portfolio.
Can I invest in both Kotak Nifty Midcap 50 Index Fund and Motilal Oswal Nifty MidSmall India Consumption Index Fund?
Yes. 29.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.