Kotak Nifty200 Quality 30 ETF vs SBI Nifty200 Quality 30 Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Kotak Nifty200 Quality 30 ETF is an ETF fund and SBI Nifty200 Quality 30 Index Fund is a mutual fund. In the year to 30-10-2026, Kotak Nifty200 Quality 30 ETF returned −9.1% and SBI Nifty200 Quality 30 Index Fund (Direct) returned −9.4%. Kotak Nifty200 Quality 30 ETF charges 0.31% a year and SBI Nifty200 Quality 30 Index Fund 0.42%. Their portfolios overlap 99.9%: they hold 30 of the same securities.
Kotak Nifty200 Quality 30 ETF
ETF
- 1 year return
- −9.1%
- Expense ratio
- 0.31%
- NAV
- ₹19.32
SBI Nifty200 Quality 30 Index Fund
- 1 year return
- −9.4%
- Expense ratio
- 0.42%
- NAV
- ₹9.37
Which is better, Kotak Nifty200 Quality 30 ETF or SBI Nifty200 Quality 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.
- Kotak Nifty200 Quality 30 ETF returned more over 1 year: −9.1% against −9.4%.
- Kotak Nifty200 Quality 30 ETF costs less: 0.31% a year against 0.42%.
- Kotak Nifty200 Quality 30 ETF fell less in its worst fall since 17-07-2025: −15.8% against −15.8%.
- SBI Nifty200 Quality 30 Index is the larger fund: ₹303 Cr against ₹3 Cr.
- Their portfolios overlap 99.9%: 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 Nifty200 Quality 30 ETF | SBI Nifty200 Quality 30 Index Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | SBI Mutual Fund |
| Category | ETF | Not available |
| AUM | ₹3 Cr (30-09-2026) | ₹303 Cr (30-09-2026) |
| NAV | ₹19.32 | ₹9.37 (Direct) |
| Expense ratio (Direct) | Not available | 0.42% |
| Expense ratio (Regular) | Not available | 0.84% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty 200 Quality 30 TRI | Not available |
| Launch date | 14-07-2025 | Not available |
| Minimum investment | Ongoing purchases directly from the Mutual Fund would be restricted to Market Makers and Large Investors (subject to transactions greater than INR 25 crores or such other amount as may be specified by SEBI from time to time) provided the value of units to | Not available |
| Lock in | None | Not available |
| Fund managers | Satish Dondapati, Abhishek Bisen, amp, Jeetu Valechha Sonar | Not available |
| Exit load | NIL | Not available |
Kotak Nifty200 Quality 30 ETF vs SBI Nifty200 Quality 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 Nifty200 Quality 30 ETF | +0.09% | −8.07% | −5.20% | −9.08% | -- | -- | -- |
| SBI Nifty200 Quality 30 Index Fund (Direct) | +0.03% | −8.18% | −5.44% | −9.40% | -- | -- | -- |
Kotak Nifty200 Quality 30 ETF vs SBI Nifty200 Quality 30 Index: Year-wise Returns
| Year | Kotak Nifty200 Quality 30 ETFKotak Nifty200 Quality 30 ETF | SBI Nifty200 Quality 30 IndexSBI Nifty200 Quality 30 Index | NIFTY200 Quality 30 TRI |
|---|---|---|---|
| 2026to date | −10.37% | −10.66% | −10.34% |
Kotak Nifty200 Quality 30 ETF vs SBI Nifty200 Quality 30 Index: Rolling Returns
Every holding period of both funds, against NIFTY200 Quality 30 TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 71 of them, one for each trading day from 17-07-2026 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.
Kotak Nifty200 Quality 30 ETF
SBI Nifty200 Quality 30 Index Fund (Direct)
NIFTY200 Quality 30 TRI
to
Jul 2026Aug 2025
to
Aug 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 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 Nifty200 Quality 30 ETF | 62.0 | 26.8 | 11.3 | 0.0 | 0.0 | 0.0 | 0.0 | −2.0% | −1.7% | −10.6% | 6.3% | 0% |
| SBI Nifty200 Quality 30 Index | 62.0 | 31.0 | 7.0 | 0.0 | 0.0 | 0.0 | 0.0 | −2.3% | −2.0% | −10.9% | 6.0% | 0% |
| NIFTY200 Quality 30 TRI | 60.6 | 28.2 | 11.3 | 0.0 | 0.0 | 0.0 | 0.0 | −1.9% | −1.5% | −10.5% | 6.5% | -- |
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 NIFTY200 Quality 30 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 17-07-2025. Past returns do not promise future returns.
Kotak Nifty200 Quality 30 ETF vs SBI Nifty200 Quality 30 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 17-07-2025 to 30-10-2026: 16 instalments, ₹1,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak Nifty200 Quality 30 ETFKotak Nifty200 Quality 30 ETF | ₹1,60,000 | ₹1,50,792 | −₹9,208 | −8.2% |
| SBI Nifty200 Quality 30 IndexSBI Nifty200 Quality 30 Index Fund (Direct) | ₹1,60,000 | ₹1,50,260 | −₹9,740 | −8.6% |
Kotak Nifty200 Quality 30 ETFKotak Nifty200 Quality 30 ETF
SBI Nifty200 Quality 30 IndexSBI Nifty200 Quality 30 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 Nifty200 Quality 30 ETF vs SBI Nifty200 Quality 30 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Nifty200 Quality 30 ETF | SBI Nifty200 Quality 30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −9.08% | −9.40% |
| Standard deviation | 14.04% | 13.90% |
| Sharpe ratio | -1.02 | -1.05 |
| Sortino ratio | -1.32 | -1.37 |
| Maximum drawdown | −15.8% (30-03-2026) | −15.8% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.11% | −0.42% |
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 Nifty200 Quality 30 ETF | SBI Nifty200 Quality 30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −5.96% | −5.96% |
| Standard deviation | 13.25% | 12.88% |
| Sharpe ratio | -0.85 | -0.88 |
| Sortino ratio | -1.12 | -1.15 |
| Maximum drawdown | −15.8% (30-03-2026) | −15.8% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.14% | −0.40% |
From daily NAVs, 17-07-2025 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.
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 Nifty200 Quality 30 ETF
SBI Nifty200 Quality 30 Index Fund (Direct)
NIFTY200 Quality 30 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Nifty200 Quality 30 ETF | −15.8% | 07-01-2026 | 30-03-2026 | Not yet | -- | −11.5% |
| SBI Nifty200 Quality 30 Index Fund (Direct) | −15.8% | 07-01-2026 | 31-03-2026 | Not yet | -- | −11.8% |
| NIFTY200 Quality 30 TRI | −15.7% | 07-01-2026 | 30-03-2026 | Not yet | -- | −11.5% |
From daily values since 17-07-2025, 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.
Kotak Nifty200 Quality 30 ETF
SBI Nifty200 Quality 30 Index Fund (Direct)
NIFTY200 Quality 30 TRI
Against NIFTY200 Quality 30 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Kotak Nifty200 Quality 30 ETF | 100% | 100% | 0.09% |
| SBI Nifty200 Quality 30 Index Fund (Direct) | 99% | 101% | 0.04% |
From month-end values since 17-07-2025. 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 Nifty200 Quality 30 ETF vs SBI Nifty200 Quality 30 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Nifty200 Quality 30 ETF, September 2026; SBI Nifty200 Quality 30 Index Fund, September 2026
Holdings in common
- Overlap
- 99.9%
- Held by both
- 30
- Only in Kotak Nifty200 Quality 30 ETF
- 0
- Only in SBI Nifty200 Quality 30 Index
- 0
| Security | % of Kotak Nifty200 Quality 30 ETF | % of SBI Nifty200 Quality 30 Index |
|---|---|---|
| TATA CONSULTANCY SERVICES LTD. | 5.07% | 5.09% |
| Nestle India Ltd. | 4.94% | 4.96% |
| Infosys Ltd. | 4.91% | 4.92% |
| Bharat Electronics Ltd. | 4.89% | 4.90% |
| ITC Ltd. | 4.72% | 4.73% |
| HCL Technologies Ltd. | 4.65% | 4.66% |
| Hindustan Unilever Ltd. | 4.46% | 4.47% |
| Bajaj Auto Ltd. | 4.38% | 4.37% |
| Coal India Limited | 4.21% | 4.22% |
| Britannia Industries Ltd. | 4.06% | 4.06% |
| Dixon Technologies India Ltd | 4.03% | 4.04% |
| Hindustan Aeronautics Ltd. | 3.74% | 3.76% |
| Colgate- Palmolive (India) Ltd. | 3.60% | 3.61% |
| Asian Paints(India) Ltd. | 3.48% | 3.48% |
| Hero MotoCorp Ltd. | 3.39% | 3.40% |
| Hindustan Zinc Ltd. | 3.17% | 3.18% |
| Solar Industries India Limited | 3.14% | 3.15% |
| MARICO LTD. | 3.08% | 3.09% |
| Cummins India Ltd. | 2.98% | 3.00% |
| Persistent Systems Limited | 2.97% | 2.98% |
| HDFC ASSET MANAGEMENT COMPANY LTD. | 2.89% | 2.89% |
| Pidilite Industries Ltd. | 2.49% | 2.50% |
| Page Industries Ltd | 2.49% | 2.47% |
| Larsen & Toubro Infotech Ltd | 2.29% | 2.29% |
| polycab India Limited | 2.29% | 2.30% |
| Oracle Financial Services Software Ltd | 2.18% | 2.19% |
| Havells India Ltd. | 1.64% | 1.65% |
| MAZAGOAN DOCK SHIPBUILDERS LTD. | 1.60% | 1.60% |
| Tata Elxsi Ltd. | 1.21% | 1.21% |
| KPIT Technologies Ltd. | 0.95% | 0.96% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.9% means 99.9% 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 Nifty200 Quality 30 ETF
Every holding of this fund is also held by the other.
Largest holdings only in SBI Nifty200 Quality 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 Nifty200 Quality 30 ETF | SBI Nifty200 Quality 30 Index |
|---|---|---|
| Equity | 99.9% | 100.1% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | -0.1% |
Market cap of stocks
| Market cap | Kotak Nifty200 Quality 30 ETF | SBI Nifty200 Quality 30 Index |
|---|---|---|
| Large Cap | 72.8% | 72.9% |
| Mid Cap | 25.0% | 25.0% |
| Small Cap | 2.2% | 2.2% |
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 Nifty200 Quality 30 ETF | SBI Nifty200 Quality 30 Index |
|---|---|---|
| IT - Software | 24.2% | 24.3% |
| Diversified FMCG | 9.2% | 9.2% |
| Consumer Durables | 9.2% | 9.2% |
| Food Products | 9.0% | 9.0% |
| Aerospace & Defense | 0.0% | 8.7% |
| Aerospace and Defense | 8.6% | 0.0% |
| Automobiles | 7.8% | 7.8% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Nifty200 Quality 30 ETF vs SBI Nifty200 Quality 30 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Nifty200 Quality 30 ETF | SBI Nifty200 Quality 30 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.42% |
| Base expense ratio (Direct) | 0.00% | 0.29% |
| Total expense ratio (Regular) | Not available | 0.84% |
| Base expense ratio (Regular) | 0.21% | 0.65% |
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 Nifty200 Quality 30 ETF vs SBI Nifty200 Quality 30 Index Fund: Frequently Asked Questions
What is the difference between Kotak Nifty200 Quality 30 ETF and SBI Nifty200 Quality 30 Index Fund?
Kotak Nifty200 Quality 30 ETF is an ETF fund, SBI Nifty200 Quality 30 Index Fund is a mutual fund, run by Kotak Mahindra Mutual Fund and SBI Mutual Fund. Their portfolios overlap 99.9%. Kotak Nifty200 Quality 30 ETF charges 0.31% a year and SBI Nifty200 Quality 30 Index Fund 0.42%.
Which has given higher returns, Kotak Nifty200 Quality 30 ETF or SBI Nifty200 Quality 30 Index Fund?
Over 1 year: Kotak Nifty200 Quality 30 ETF −9.08%, SBI Nifty200 Quality 30 Index Fund −9.40%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak Nifty200 Quality 30 ETF or SBI Nifty200 Quality 30 Index Fund?
Kotak Nifty200 Quality 30 ETF charges less: 0.31% a year against 0.42%. These are the total expense ratios reported to AMFI.
How much do Kotak Nifty200 Quality 30 ETF and SBI Nifty200 Quality 30 Index Fund overlap?
99.9%. They hold 30 of the same securities, the largest shared ones being TCS, NESTLEIND, INFY. From each fund's latest monthly portfolio.
Can I invest in both Kotak Nifty200 Quality 30 ETF and SBI Nifty200 Quality 30 Index Fund?
Yes. 99.9% of each fund's money sits in the same holdings, so a large part 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.