Kotak Nifty200 Value 30 Index Fund vs Motilal Oswal BSE Enhanced Value 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 Motilal Oswal BSE Enhanced Value ETF is an ETF fund. Kotak Nifty200 Value 30 Index Fund charges 1.03% a year and Motilal Oswal BSE Enhanced Value ETF 0.48%. Their portfolios overlap 64.6%: they hold 20 of the same securities.
Kotak Nifty200 Value 30 Index Fund
Index
- Expense ratio
- 1.03%
- NAV
- ₹8.93
Motilal Oswal BSE Enhanced Value ETF
ETF
- Expense ratio
- 0.48%
- NAV
- ₹104.70
Which is better, Kotak Nifty200 Value 30 Index or Motilal Oswal BSE Enhanced Value ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Motilal Oswal BSE Enhanced Value ETF costs less: 0.48% a year against 1.03%.
- Kotak Nifty200 Value 30 Index fell less in its worst fall since 12-02-2026: −16.2% against −18.6%.
- Motilal Oswal BSE Enhanced Value ETF is the larger fund: ₹147 Cr against ₹13 Cr.
- Their portfolios overlap 64.6%: 20 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 | Motilal Oswal BSE Enhanced Value ETF |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Index | ETF |
| AUM | ₹13 Cr (30-09-2026) | ₹147 Cr (30-09-2026) |
| NAV | ₹8.93 (Direct) | ₹104.70 |
| Expense ratio (Direct) | 1.03% | Not available |
| Expense ratio (Regular) | 1.35% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty200 Value 30 TRI | BSE Enhanced Value TRI |
| Launch date | 05-02-2026 | 22-08-2022 |
| Minimum investment | ₹100 | ₹500 |
| Lock in | None | None |
| Fund managers | Devender Singhal, Satish Dondapati, Abhishek Bisen | Swapnil Mayekar, Rakesh Shetty |
| Exit load | NIL | Not available |
Kotak Nifty200 Value 30 Index vs Motilal Oswal BSE Enhanced Value 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% | -- | -- | -- | -- |
| Motilal Oswal BSE Enhanced Value ETF | −2.90% | −7.89% | −10.82% | −7.14% | +19.05% | -- | -- |
Kotak Nifty200 Value 30 Index vs Motilal Oswal BSE Enhanced Value ETF: Year-wise Returns
| Year | Kotak Nifty200 Value 30 IndexKotak Nifty200 Value 30 Index | Motilal Oswal BSE Enhanced Value ETFMotilal Oswal BSE Enhanced Value ETF |
|---|---|---|
| 2026to date | -- | −10.57% |
| 2025 | -- | +21.96% |
| 2024 | -- | +20.67% |
| 2023 | -- | +61.50% |
Kotak Nifty200 Value 30 Index vs Motilal Oswal BSE Enhanced Value 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 Motilal Oswal BSE Enhanced Value 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) | Motilal Oswal BSE Enhanced Value ETF |
|---|---|---|
| Return (CAGR) | −16.59% | +24.21% |
| Standard deviation | 16.67% | 19.80% |
| Sharpe ratio | -1.31 | 0.91 |
| Sortino ratio | -1.65 | 1.23 |
| Maximum drawdown | −16.2% (23-10-2026) | −21.8% (28-02-2025) |
| 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)
Motilal Oswal BSE Enhanced Value 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) | −16.2% | 26-02-2026 | 23-10-2026 | Not yet | -- | −14.9% |
| Motilal Oswal BSE Enhanced Value ETF | −18.6% | 26-02-2026 | 23-10-2026 | Not yet | -- | −18.1% |
| Nifty200 Value 30 TRI | −15.8% | 26-02-2026 | 23-10-2026 | Not yet | -- | −14.5% |
From daily values since 12-02-2026, the first day every fund has.
Kotak Nifty200 Value 30 Index vs Motilal Oswal BSE Enhanced Value ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Nifty200 Value 30 Index Fund, September 2026; Motilal Oswal BSE Enhanced Value ETF, September 2026
Holdings in common
- Overlap
- 64.6%
- Held by both
- 20
- Only in Kotak Nifty200 Value 30 Index
- 10
- Only in Motilal Oswal BSE Enhanced Value ETF
- 10
| Security | % of Kotak Nifty200 Value 30 Index | % of Motilal Oswal BSE Enhanced Value ETF |
|---|---|---|
| Coal India Limited | 5.24% | 7.14% |
| BHARAT PETROLEUM CORPORATION LTD. | 5.23% | 7.17% |
| Oil And Natural Gas Corporation Ltd. | 5.13% | 6.99% |
| STATE BANK OF INDIA. | 5.06% | 6.97% |
| Hindalco Industries Ltd. | 4.85% | 6.68% |
| INDIAN OIL CORPORATION LTD. | 4.73% | 7.20% |
| TATA MOTORS PASSENGER VEHICLES LTD | 4.42% | 6.81% |
| Power Finance Corporation Ltd. | 4.02% | 3.91% |
| BANK OF BARODA | 3.13% | 3.84% |
| HINDUSTAN PETROLEUM CORPORATION LTD. | 3.20% | 3.05% |
| GAIL (India) Ltd. | 3.01% | 4.66% |
| CANARA BANK | 2.86% | 3.51% |
| PUNJAB NATIONAL BANK | 2.82% | 3.39% |
| REC LTD | 3.08% | 2.72% |
| UNION BANK OF INDIA | 2.20% | 2.45% |
| INDIAN BANK | 1.48% | 1.54% |
| BANK OF INDIA | 1.31% | 1.53% |
| Oil India Limited | 1.24% | 1.91% |
| LIC HOUSING FINANCE LTD. | 1.24% | 1.40% |
| Steel Authority of India Ltd. | 1.01% | 4.53% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 64.6% means 64.6% 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 |
|---|---|
| NTPC LTD | 4.93% |
| ITC Ltd. | 4.93% |
| Tata Steel Ltd. | 4.57% |
| Power Grid Corporation of India Ltd. | 4.48% |
| Grasim Industries Ltd. | 4.21% |
Largest holdings only in Motilal Oswal BSE Enhanced Value ETF
| Security | % of fund |
|---|---|
| Life Insurance Corporation Of India | 4.89% |
| Petronet LNG Limited | 1.61% |
| AWL Agri Business Limited | 1.35% |
| ACC Limited | 1.08% |
| Bandhan Bank Limited | 0.91% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Nifty200 Value 30 Index | Motilal Oswal BSE Enhanced Value 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 | Motilal Oswal BSE Enhanced Value ETF |
|---|---|---|
| Large Cap | 81.5% | 77.2% |
| Mid Cap | 17.3% | 17.2% |
| Small Cap | 1.2% | 5.5% |
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 | Motilal Oswal BSE Enhanced Value ETF |
|---|---|---|
| Banks | 24.1% | 25.6% |
| Petroleum Products | 13.2% | 17.4% |
| Power | 9.4% | 0.0% |
| Oil | 6.4% | 8.9% |
| Finance | 8.3% | 8.0% |
| Consumable Fuels | 5.2% | 7.1% |
| Automobiles | 4.4% | 6.8% |
| Ferrous Metals | 5.6% | 4.5% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Nifty200 Value 30 Index vs Motilal Oswal BSE Enhanced Value ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Nifty200 Value 30 Index Fund | Motilal Oswal BSE Enhanced Value 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% | 0.30% |
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 Motilal Oswal BSE Enhanced Value ETF: Frequently Asked Questions
What is the difference between Kotak Nifty200 Value 30 Index Fund and Motilal Oswal BSE Enhanced Value ETF?
Kotak Nifty200 Value 30 Index Fund is an Index fund, Motilal Oswal BSE Enhanced Value ETF is an ETF fund, run by Kotak Mahindra Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 64.6%. Kotak Nifty200 Value 30 Index Fund charges 1.03% a year and Motilal Oswal BSE Enhanced Value ETF 0.48%.
Which has the lower expense ratio, Kotak Nifty200 Value 30 Index Fund or Motilal Oswal BSE Enhanced Value ETF?
Motilal Oswal BSE Enhanced Value ETF charges less: 0.48% a year against 1.03%. These are the total expense ratios reported to AMFI.
How much do Kotak Nifty200 Value 30 Index Fund and Motilal Oswal BSE Enhanced Value ETF overlap?
64.6%. They hold 20 of the same securities, the largest shared ones being COALINDIA, BPCL, ONGC. From each fund's latest monthly portfolio.
Which is riskier, Kotak Nifty200 Value 30 Index Fund or Motilal Oswal BSE Enhanced Value ETF?
On SEBI's riskometer, Kotak Nifty200 Value 30 Index Fund is rated Very High and Motilal Oswal BSE Enhanced Value ETF Very High. Over their common history, the standard deviation of daily returns was 16.67% and 19.80% a year.
Can I invest in both Kotak Nifty200 Value 30 Index Fund and Motilal Oswal BSE Enhanced Value ETF?
Yes. 64.6% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Kotak Nifty200 Value 30 Index Fund and Motilal Oswal BSE Enhanced Value ETF?
Kotak Nifty200 Value 30 Index Fund: Devender Singhal, Satish Dondapati, Abhishek Bisen. Motilal Oswal BSE Enhanced Value ETF: Swapnil Mayekar, Rakesh Shetty.
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.