Kotak Nifty200 Value 30 Index Fund vs Mirae Asset Nifty 500 Value 50 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Kotak Nifty200 Value 30 Index Fund is an Index fund and Mirae Asset Nifty 500 Value 50 ETF is a mutual fund. Kotak Nifty200 Value 30 Index Fund charges 1.03% a year and Mirae Asset Nifty 500 Value 50 ETF 0.97%. Their portfolios overlap 76.0%: they hold 28 of the same securities.
Kotak Nifty200 Value 30 Index Fund
Index
- Expense ratio
- 1.03%
- NAV
- ₹8.93
Which is better, Kotak Nifty200 Value 30 Index or Mirae Asset Nifty 500 Value 50 ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Mirae Asset Nifty 500 Value 50 ETF costs less: 0.97% a year against 1.03%.
- Kotak Nifty200 Value 30 Index fell less in its worst fall since 23-03-2026: −13.9% against −14.0%.
- Kotak Nifty200 Value 30 Index holds more in large companies: 81.5% of the fund in large caps against 65.1%.
- Kotak Nifty200 Value 30 Index is the larger fund: ₹13 Cr against ₹12 Cr.
- Their portfolios overlap 76.0%: 28 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 Value 30 Index Fund | Mirae Asset Nifty 500 Value 50 ETF |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Mirae Asset Mutual Fund |
| Category | Index | Not available |
| AUM | ₹13 Cr (30-09-2026) | ₹12 Cr (30-09-2026) |
| NAV | ₹8.93 (Direct) | ₹14.79 |
| Expense ratio (Direct) | 1.03% | Not available |
| Expense ratio (Regular) | 1.35% | Not available |
| Riskometer | Very High | Not available |
| Benchmark | Nifty200 Value 30 TRI | Not available |
| Launch date | 05-02-2026 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Devender Singhal, Satish Dondapati, Abhishek Bisen | Not available |
| Exit load | NIL | Not available |
Kotak Nifty200 Value 30 Index vs Mirae Asset Nifty 500 Value 50 ETF: 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 Value 30 Index Fund (Direct) | −2.39% | −8.22% | −10.75% | -- | -- | -- | -- |
| Mirae Asset Nifty 500 Value 50 ETF | −3.65% | −8.37% | −10.92% | -- | -- | -- | -- |
Kotak Nifty200 Value 30 Index vs Mirae Asset Nifty 500 Value 50 ETF: Rolling Returns
Every holding period of both funds, against Nifty200 Value 30 TRI, the benchmark of Kotak Nifty200 Value 30 Index Fund
Kotak Nifty200 Value 30 Index vs Mirae Asset Nifty 500 Value 50 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Nifty200 Value 30 Index Fund (Direct) | Mirae Asset Nifty 500 Value 50 ETF |
|---|---|---|
| Return (CAGR) | −16.59% | −1.11% |
| Standard deviation | 16.67% | 13.69% |
| Sharpe ratio | -1.31 | -0.47 |
| Sortino ratio | -1.65 | -0.64 |
| Maximum drawdown | −16.2% (23-10-2026) | −14.0% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.72% | −0.52% |
From daily NAVs, 12-02-2026 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 Nifty200 Value 30 Index Fund (Direct)
Mirae Asset Nifty 500 Value 50 ETF
Nifty200 Value 30 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Nifty200 Value 30 Index Fund (Direct) | −13.9% | 22-04-2026 | 23-10-2026 | Not yet | -- | −12.5% |
| Mirae Asset Nifty 500 Value 50 ETF | −14.0% | 27-05-2026 | 23-10-2026 | Not yet | -- | −12.8% |
| Nifty200 Value 30 TRI | −13.6% | 22-04-2026 | 23-10-2026 | Not yet | -- | −12.2% |
From daily values since 23-03-2026, the first day every fund has.
Kotak Nifty200 Value 30 Index vs Mirae Asset Nifty 500 Value 50 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Nifty200 Value 30 Index Fund, September 2026; Mirae Asset Nifty 500 Value 50 ETF, September 2026
Holdings in common
- Overlap
- 76.0%
- Held by both
- 28
- Only in Kotak Nifty200 Value 30 Index
- 2
- Only in Mirae Asset Nifty 500 Value 50 ETF
- 22
| Security | % of Kotak Nifty200 Value 30 Index | % of Mirae Asset Nifty 500 Value 50 ETF |
|---|---|---|
| Coal India Limited | 5.24% | 5.18% |
| Oil And Natural Gas Corporation Ltd. | 5.13% | 5.07% |
| STATE BANK OF INDIA. | 5.06% | 4.99% |
| NTPC LTD | 4.93% | 4.87% |
| Hindalco Industries Ltd. | 4.85% | 5.19% |
| Power Grid Corporation of India Ltd. | 4.48% | 4.82% |
| TATA MOTORS PASSENGER VEHICLES LTD | 4.42% | 4.37% |
| BHARAT PETROLEUM CORPORATION LTD. | 5.23% | 4.26% |
| Grasim Industries Ltd. | 4.21% | 5.27% |
| VEDANTA LTD. | 4.20% | 4.94% |
| INDIAN OIL CORPORATION LTD. | 4.73% | 3.63% |
| Power Finance Corporation Ltd. | 4.02% | 2.48% |
| HINDUSTAN PETROLEUM CORPORATION LTD. | 3.20% | 2.47% |
| GAIL (India) Ltd. | 3.01% | 2.28% |
| BANK OF BARODA | 3.13% | 1.94% |
| REC LTD | 3.08% | 1.90% |
| CANARA BANK | 2.86% | 1.77% |
| PUNJAB NATIONAL BANK | 2.82% | 1.75% |
| INDUSIND BANK LTD. | 2.78% | 1.74% |
| FEDERAL BANK LTD. | 2.47% | 1.54% |
| UNION BANK OF INDIA | 2.20% | 1.36% |
| NMDC Ltd. | 1.13% | 1.88% |
| UPL Ltd | 1.06% | 1.81% |
| Steel Authority of India Ltd. | 1.01% | 1.72% |
| Oil India Limited | 1.24% | 0.94% |
| INDIAN BANK | 1.48% | 0.92% |
| BANK OF INDIA | 1.31% | 0.82% |
| LIC HOUSING FINANCE LTD. | 1.24% | 0.77% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 76.0% means 76.0% 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 Value 30 Index Fund
| Security | % of fund |
|---|---|
| ITC Ltd. | 4.93% |
| Tata Steel Ltd. | 4.57% |
Largest holdings only in Mirae Asset Nifty 500 Value 50 ETF
| Security | % of fund |
|---|---|
| Redington Ltd. | 3.24% |
| Aster DM Quality Care Ltd. | 2.37% |
| National Aluminium Company Ltd. | 1.64% |
| The Great Eastern Shipping Co. Ltd. | 1.33% |
| Petronet LNG Ltd. | 0.93% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Nifty200 Value 30 Index | Mirae Asset Nifty 500 Value 50 ETF |
|---|---|---|
| Equity | 100.0% | 99.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.0% | 0.1% |
Market cap of stocks
| Market cap | Kotak Nifty200 Value 30 Index | Mirae Asset Nifty 500 Value 50 ETF |
|---|---|---|
| Large Cap | 81.5% | 65.1% |
| Mid Cap | 17.3% | 20.2% |
| Small Cap | 1.2% | 14.7% |
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 Value 30 Index | Mirae Asset Nifty 500 Value 50 ETF |
|---|---|---|
| Banks | 24.1% | 18.7% |
| Petroleum Products | 13.2% | 10.7% |
| Power | 9.4% | 11.7% |
| Finance | 8.3% | 5.7% |
| Non - Ferrous Metals | 4.8% | 6.8% |
| Oil | 6.4% | 6.0% |
| Ferrous Metals | 5.6% | 1.7% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Nifty200 Value 30 Index vs Mirae Asset Nifty 500 Value 50 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Nifty200 Value 30 Index Fund | Mirae Asset Nifty 500 Value 50 ETF |
|---|---|---|
| Total expense ratio (Direct) | 1.03% | Not available |
| Base expense ratio (Direct) | 0.18% | 0.00% |
| Total expense ratio (Regular) | 1.35% | Not available |
| Base expense ratio (Regular) | 0.44% | 0.20% |
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 Value 30 Index Fund vs Mirae Asset Nifty 500 Value 50 ETF: Frequently Asked Questions
What is the difference between Kotak Nifty200 Value 30 Index Fund and Mirae Asset Nifty 500 Value 50 ETF?
Kotak Nifty200 Value 30 Index Fund is an Index fund, Mirae Asset Nifty 500 Value 50 ETF is a mutual fund, run by Kotak Mahindra Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 76.0%. Kotak Nifty200 Value 30 Index Fund charges 1.03% a year and Mirae Asset Nifty 500 Value 50 ETF 0.97%.
Which has the lower expense ratio, Kotak Nifty200 Value 30 Index Fund or Mirae Asset Nifty 500 Value 50 ETF?
Mirae Asset Nifty 500 Value 50 ETF charges less: 0.97% a year against 1.03%. These are the total expense ratios reported to AMFI.
How much do Kotak Nifty200 Value 30 Index Fund and Mirae Asset Nifty 500 Value 50 ETF overlap?
76.0%. They hold 28 of the same securities, the largest shared ones being COALINDIA, ONGC, SBIN. From each fund's latest monthly portfolio.
Can I invest in both Kotak Nifty200 Value 30 Index Fund and Mirae Asset Nifty 500 Value 50 ETF?
Yes. 76.0% 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.