Kotak Nifty500 Momentum 50 Index Fund vs Motilal Oswal Nifty Alpha 50 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Kotak Nifty500 Momentum 50 Index Fund is an Index fund and Motilal Oswal Nifty Alpha 50 ETF is an ETF fund. Kotak Nifty500 Momentum 50 Index Fund charges 0.68% a year and Motilal Oswal Nifty Alpha 50 ETF 1.03%. Their portfolios overlap 44.9%: they hold 28 of the same securities.
Kotak Nifty500 Momentum 50 Index Fund
Index
- Expense ratio
- 0.68%
- NAV
- ₹9.75
Which is better, Kotak Nifty500 Momentum 50 Index or Motilal Oswal Nifty Alpha 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.
- Kotak Nifty500 Momentum 50 Index costs less: 0.68% a year against 1.03%.
- Motilal Oswal Nifty Alpha 50 ETF fell less in its worst fall since 18-12-2025: −14.3% against −14.4%.
- Kotak Nifty500 Momentum 50 Index holds more in large companies: 42.9% of the fund in large caps against 24.9%.
- Kotak Nifty500 Momentum 50 Index is the larger fund: ₹27 Cr against ₹3 Cr.
- Their portfolios overlap 44.9%: 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 Nifty500 Momentum 50 Index Fund | Motilal Oswal Nifty Alpha 50 ETF |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Index | ETF |
| AUM | ₹27 Cr (30-09-2026) | ₹3 Cr (30-09-2026) |
| NAV | ₹9.75 (Direct) | ₹51.74 |
| Expense ratio (Direct) | 0.68% | Not available |
| Expense ratio (Regular) | 1.00% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 Momentum 50 TRI | Nifty Alpha 50 TRI |
| Launch date | 11-12-2025 | 07-07-2025 |
| Minimum investment | ₹100 | Ongoing Basis: On Exchange: Investors can buy/sell units of the Scheme in round lots of 1 unit and in multiples thereof. Directly with the Mutual Fund: For Eligible investors: Transactions must be in multiple of unit creation size and the execution value |
| Lock in | None | None |
| Fund managers | Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar | Swapnil Mayekar, Dishant Mehta, Rakesh Shetty |
| Exit load | NIL | Nil |
Kotak Nifty500 Momentum 50 Index vs Motilal Oswal Nifty Alpha 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 Nifty500 Momentum 50 Index Fund (Direct) | −2.40% | −1.52% | −0.23% | -- | -- | -- | -- |
| Motilal Oswal Nifty Alpha 50 ETF | −3.20% | −2.92% | +2.25% | +1.19% | -- | -- | -- |
Kotak Nifty500 Momentum 50 Index vs Motilal Oswal Nifty Alpha 50 ETF: Year-wise Returns
| Year | Kotak Nifty500 Momentum 50 IndexKotak Nifty500 Momentum 50 Index | Motilal Oswal Nifty Alpha 50 ETFMotilal Oswal Nifty Alpha 50 ETF |
|---|---|---|
| 2026to date | −2.03% | +3.19% |
Kotak Nifty500 Momentum 50 Index vs Motilal Oswal Nifty Alpha 50 ETF: Rolling Returns
Every holding period of both funds, against Nifty500 Momentum 50 TRI, the benchmark of Kotak Nifty500 Momentum 50 Index Fund
Kotak Nifty500 Momentum 50 Index vs Motilal Oswal Nifty Alpha 50 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Nifty500 Momentum 50 Index Fund (Direct) | Motilal Oswal Nifty Alpha 50 ETF |
|---|---|---|
| Return (CAGR) | −2.21% | −1.55% |
| Standard deviation | 20.33% | 19.06% |
| Sharpe ratio | -0.37 | -0.36 |
| Sortino ratio | -0.50 | -0.48 |
| Maximum drawdown | −14.4% (23-03-2026) | −16.8% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.69% | −1.58% |
From daily NAVs, 18-12-2025 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 Nifty500 Momentum 50 Index Fund (Direct)
Motilal Oswal Nifty Alpha 50 ETF
Nifty500 Momentum 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Nifty500 Momentum 50 Index Fund (Direct) | −14.4% | 23-12-2025 | 23-03-2026 | 07-05-2026 | 45 days | −8.0% |
| Motilal Oswal Nifty Alpha 50 ETF | −14.3% | 28-08-2026 | 23-10-2026 | Not yet | -- | −9.8% |
| Nifty500 Momentum 50 TRI | −14.2% | 23-12-2025 | 23-03-2026 | 07-05-2026 | 45 days | −8.0% |
From daily values since 18-12-2025, the first day every fund has.
Kotak Nifty500 Momentum 50 Index vs Motilal Oswal Nifty Alpha 50 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Nifty500 Momentum 50 Index Fund, September 2026; Motilal Oswal Nifty Alpha 50 ETF, September 2026
Holdings in common
- Overlap
- 44.9%
- Held by both
- 28
- Only in Kotak Nifty500 Momentum 50 Index
- 22
- Only in Motilal Oswal Nifty Alpha 50 ETF
- 21
| Security | % of Kotak Nifty500 Momentum 50 Index | % of Motilal Oswal Nifty Alpha 50 ETF |
|---|---|---|
| MULTI COMMODITY EXCHANGE OF INDIA LIMITED | 5.86% | 2.57% |
| Laurus Labs Ltd | 6.17% | 2.44% |
| Bharat Heavy Electricals Ltd. | 3.43% | 2.35% |
| Welspun Corp Limited | 2.16% | 3.08% |
| SHRIRAM FINANCE LIMITED | 4.87% | 2.15% |
| ATHER ENERGY LTD | 2.10% | 3.86% |
| National Aluminium Company Ltd. | 2.50% | 2.07% |
| ADANI ENERGY SOLUTIONS LTD. | 2.63% | 1.98% |
| BHARAT FORGE LTD. | 3.01% | 1.97% |
| Vodafone Idea Ltd | 1.91% | 2.28% |
| FEDERAL BANK LTD. | 3.55% | 1.89% |
| HITACHI ENERGY INDIA LTD. | 2.74% | 1.73% |
| ADANI POWER LTD | 4.48% | 1.58% |
| NAVIN FLUORINE INTERNATIONAL LTD. | 1.58% | 1.81% |
| Steel Authority of India Ltd. | 1.58% | 1.52% |
| Ami Organics Ltd | 1.47% | 2.49% |
| Apar Industries Ltd. | 1.46% | 2.58% |
| GE VERNOVA T&D INDIA LIMITED | 4.20% | 1.45% |
| Kirloskar Oil Engines Ltd. | 1.45% | 2.85% |
| BSE LTD | 4.02% | 1.44% |
| KARUR VYSYA BANK LTD. | 1.34% | 1.56% |
| ADITYA BIRLA CAPITAL LTD | 1.27% | 1.31% |
| Hindalco Industries Ltd. | 4.87% | 1.09% |
| HINDUSTAN COPPER LTD. | 0.93% | 2.55% |
| Cummins India Ltd. | 4.32% | 0.88% |
| polycab India Limited | 2.34% | 0.88% |
| Glenmark Pharmaceuticals Ltd | 1.66% | 0.78% |
| RBL BANK LTD. | 0.44% | 1.19% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 44.9% means 44.9% 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 Nifty500 Momentum 50 Index Fund
| Security | % of fund |
|---|---|
| CG Power and Industrial Solutions Ltd. | 2.86% |
| TORRENT PHARMACEUTICALS LTD. | 2.69% |
| HFCL LTD | 2.32% |
| ABB India Ltd. | 1.74% |
| KEI Industries Ltd. | 1.34% |
Largest holdings only in Motilal Oswal Nifty Alpha 50 ETF
| Security | % of fund |
|---|---|
| Cupid Limited | 7.40% |
| MTAR Technologies Limited | 5.30% |
| Sterlite Technologies Limited | 5.07% |
| TD Power Systems Ltd | 3.62% |
| Vedanta Limited | 1.73% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Nifty500 Momentum 50 Index | Motilal Oswal Nifty Alpha 50 ETF |
|---|---|---|
| Equity | 99.9% | 94.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | 5.1% |
Market cap of stocks
| Market cap | Kotak Nifty500 Momentum 50 Index | Motilal Oswal Nifty Alpha 50 ETF |
|---|---|---|
| Large Cap | 42.9% | 24.9% |
| Mid Cap | 35.7% | 29.5% |
| Small Cap | 21.3% | 36.8% |
| Not on AMFI's list | 0.0% | 3.6% |
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 Nifty500 Momentum 50 Index | Motilal Oswal Nifty Alpha 50 ETF |
|---|---|---|
| Electrical Equipment | 17.8% | 17.0% |
| Pharmaceuticals and Biotechnology | 13.7% | 0.0% |
| Industrial Products | 12.6% | 7.7% |
| Capital Markets | 11.4% | 4.0% |
| Banks | 6.1% | 10.8% |
| Non - Ferrous Metals | 8.3% | 5.7% |
| Power | 7.6% | 3.6% |
| Personal Products | 0.3% | 7.4% |
| Finance | 6.1% | 6.9% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Nifty500 Momentum 50 Index vs Motilal Oswal Nifty Alpha 50 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Nifty500 Momentum 50 Index Fund | Motilal Oswal Nifty Alpha 50 ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.68% | Not available |
| Base expense ratio (Direct) | 0.16% | 0.00% |
| Total expense ratio (Regular) | 1.00% | Not available |
| Base expense ratio (Regular) | 0.44% | 0.45% |
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 Nifty500 Momentum 50 Index Fund vs Motilal Oswal Nifty Alpha 50 ETF: Frequently Asked Questions
What is the difference between Kotak Nifty500 Momentum 50 Index Fund and Motilal Oswal Nifty Alpha 50 ETF?
Kotak Nifty500 Momentum 50 Index Fund is an Index fund, Motilal Oswal Nifty Alpha 50 ETF is an ETF fund, run by Kotak Mahindra Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 44.9%. Kotak Nifty500 Momentum 50 Index Fund charges 0.68% a year and Motilal Oswal Nifty Alpha 50 ETF 1.03%.
Which has the lower expense ratio, Kotak Nifty500 Momentum 50 Index Fund or Motilal Oswal Nifty Alpha 50 ETF?
Kotak Nifty500 Momentum 50 Index Fund charges less: 0.68% a year against 1.03%. These are the total expense ratios reported to AMFI.
How much do Kotak Nifty500 Momentum 50 Index Fund and Motilal Oswal Nifty Alpha 50 ETF overlap?
44.9%. They hold 28 of the same securities, the largest shared ones being MCX, LAURUSLABS, BHEL. From each fund's latest monthly portfolio.
Which is riskier, Kotak Nifty500 Momentum 50 Index Fund or Motilal Oswal Nifty Alpha 50 ETF?
On SEBI's riskometer, Kotak Nifty500 Momentum 50 Index Fund is rated Very High and Motilal Oswal Nifty Alpha 50 ETF Very High. Over their common history, the standard deviation of daily returns was 20.33% and 19.06% a year.
Can I invest in both Kotak Nifty500 Momentum 50 Index Fund and Motilal Oswal Nifty Alpha 50 ETF?
Yes. 44.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Kotak Nifty500 Momentum 50 Index Fund and Motilal Oswal Nifty Alpha 50 ETF?
Kotak Nifty500 Momentum 50 Index Fund: Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar. Motilal Oswal Nifty Alpha 50 ETF: Swapnil Mayekar, Dishant Mehta, 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.