Kotak Nifty500 Momentum 50 Index Fund vs NJ Momentum Fund
Direct Plan, Growth option · Data as on 30-10-2026
Kotak Nifty500 Momentum 50 Index Fund is an Index fund and NJ Momentum Fund is a Thematic fund. Kotak Nifty500 Momentum 50 Index Fund charges 0.68% a year and NJ Momentum Fund 1.72% (Direct plans). Their portfolios overlap 36.4%: they hold 18 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 NJ Momentum? 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 1.72% (Direct plans).
- NJ Momentum fell less in its worst fall since 03-08-2026: −10.8% against −12.6%.
- Kotak Nifty500 Momentum 50 Index holds more in large companies: 42.9% of the fund in large caps against 28.0%.
- Their portfolios overlap 36.4%: 18 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 | NJ Momentum Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | NJ Mutual Fund |
| Category | Index | Thematic |
| AUM | ₹27 Cr (30-09-2026) | Not available |
| NAV | ₹9.75 (Direct) | ₹9.60 (Direct) |
| Expense ratio (Direct) | 0.68% | 1.72% |
| Expense ratio (Regular) | 1.00% | 3.51% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 Momentum 50 TRI | Nifty 500 TRI |
| Launch date | 11-12-2025 | 30-07-2026 |
| Minimum investment | ₹100 | ₹500 |
| Lock in | None | None |
| Fund managers | Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar | Dhaval Patel, Viral Shah, Jaimin Ilavia |
| Exit load | NIL | Nil |
Kotak Nifty500 Momentum 50 Index vs NJ Momentum: 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% | -- | -- | -- | -- |
| NJ Momentum Fund (Direct) | −3.42% | -- | -- | -- | -- | -- | -- |
| Thematic average | −2.09% | -- | -- | -- | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Kotak Nifty500 Momentum 50 Index vs NJ Momentum: Year-wise Returns
| Year | Kotak Nifty500 Momentum 50 IndexKotak Nifty500 Momentum 50 Index | NJ MomentumNJ Momentum |
|---|---|---|
| 2026to date | −2.03% | -- |
Kotak Nifty500 Momentum 50 Index vs NJ Momentum: 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 NJ Momentum: 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) | NJ Momentum Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.21% | −16.97% |
| Standard deviation | 20.33% | 16.11% |
| Sharpe ratio | -0.37 | -1.38 |
| Sortino ratio | -0.50 | -1.73 |
| Maximum drawdown | −14.4% (23-03-2026) | −10.8% (23-10-2026) |
| Beta | 1.00 | 1.16 |
| Alpha | −0.69% | +17.26% |
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)
NJ Momentum Fund (Direct)
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) | −12.6% | 28-08-2026 | 23-10-2026 | Not yet | -- | −8.0% |
| NJ Momentum Fund (Direct) | −10.8% | 31-08-2026 | 23-10-2026 | Not yet | -- | −6.9% |
| Nifty500 Momentum 50 TRI | −12.6% | 28-08-2026 | 23-10-2026 | Not yet | -- | −8.0% |
From daily values since 03-08-2026, the first day every fund has.
Kotak Nifty500 Momentum 50 Index vs NJ Momentum: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Nifty500 Momentum 50 Index Fund, September 2026; NJ Momentum Fund, September 2026
Holdings in common
- Overlap
- 36.4%
- Held by both
- 18
- Only in Kotak Nifty500 Momentum 50 Index
- 32
- Only in NJ Momentum
- 22
| Security | % of Kotak Nifty500 Momentum 50 Index | % of NJ Momentum |
|---|---|---|
| MULTI COMMODITY EXCHANGE OF INDIA LIMITED | 5.86% | 4.68% |
| Laurus Labs Ltd | 6.17% | 4.22% |
| SHRIRAM FINANCE LIMITED | 4.87% | 3.58% |
| FEDERAL BANK LTD. | 3.55% | 3.38% |
| BHARAT FORGE LTD. | 3.01% | 3.57% |
| TORRENT PHARMACEUTICALS LTD. | 2.69% | 3.63% |
| Cummins India Ltd. | 4.32% | 2.20% |
| Welspun Corp Limited | 2.16% | 6.72% |
| ABB India Ltd. | 1.74% | 2.30% |
| NAVIN FLUORINE INTERNATIONAL LTD. | 1.58% | 2.78% |
| Ami Organics Ltd | 1.47% | 2.56% |
| Kirloskar Oil Engines Ltd. | 1.45% | 4.30% |
| KARUR VYSYA BANK LTD. | 1.34% | 2.26% |
| BANK OF MAHARASHTRA | 0.81% | 0.95% |
| Granules India Ltd. | 0.69% | 2.49% |
| BELRISE INDUSTRIES LTD. | 0.47% | 2.59% |
| R R KABEL LTD | 0.44% | 2.47% |
| RBL BANK LTD. | 0.44% | 1.03% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 36.4% means 36.4% 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 |
|---|---|
| Hindalco Industries Ltd. | 4.87% |
| ADANI POWER LTD | 4.48% |
| GE VERNOVA T&D INDIA LIMITED | 4.20% |
| BSE LTD | 4.02% |
| Bharat Heavy Electricals Ltd. | 3.43% |
Largest holdings only in NJ Momentum Fund
| Security | % of fund |
|---|---|
| Titan Company Limited | 3.84% |
| Lupin Limited | 3.26% |
| Sona BLW Precision Forgings Limited | 2.75% |
| Aditya Infotech Limited | 2.74% |
| The Phoenix Mills Limited | 2.61% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Nifty500 Momentum 50 Index | NJ Momentum |
|---|---|---|
| Equity | 99.9% | 99.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | 0.3% |
Market cap of stocks
| Market cap | Kotak Nifty500 Momentum 50 Index | NJ Momentum |
|---|---|---|
| Large Cap | 42.9% | 28.0% |
| Mid Cap | 35.7% | 37.8% |
| Small Cap | 21.3% | 33.9% |
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 | NJ Momentum |
|---|---|---|
| Pharmaceuticals & Biotechnology | 0.0% | 19.7% |
| Electrical Equipment | 17.8% | 2.3% |
| Industrial Products | 12.6% | 15.7% |
| Pharmaceuticals and Biotechnology | 13.7% | 0.0% |
| Banks | 6.1% | 13.1% |
| Capital Markets | 11.4% | 4.7% |
| Auto Components | 4.2% | 10.0% |
| Non - Ferrous Metals | 8.3% | 0.0% |
| Power | 7.6% | 0.0% |
| Finance | 6.1% | 6.4% |
| Chemicals & Petrochemicals | 0.0% | 6.2% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Nifty500 Momentum 50 Index vs NJ Momentum: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Nifty500 Momentum 50 Index Fund | NJ Momentum Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.68% | 1.72% |
| Base expense ratio (Direct) | 0.16% | 0.58% |
| Total expense ratio (Regular) | 1.00% | 3.51% |
| Base expense ratio (Regular) | 0.44% | 2.10% |
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.
More comparisons
Each fund against the others of its category
Kotak Nifty500 Momentum 50 Index Fund vs NJ Momentum Fund: Frequently Asked Questions
What is the difference between Kotak Nifty500 Momentum 50 Index Fund and NJ Momentum Fund?
Kotak Nifty500 Momentum 50 Index Fund is an Index fund, NJ Momentum Fund is a Thematic fund, run by Kotak Mahindra Mutual Fund and NJ Mutual Fund. Their portfolios overlap 36.4%. Kotak Nifty500 Momentum 50 Index Fund charges 0.68% a year and NJ Momentum Fund 1.72%.
Which has the lower expense ratio, Kotak Nifty500 Momentum 50 Index Fund or NJ Momentum Fund?
Kotak Nifty500 Momentum 50 Index Fund charges less: 0.68% a year against 1.72%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak Nifty500 Momentum 50 Index Fund and NJ Momentum Fund overlap?
36.4%. They hold 18 of the same securities, the largest shared ones being MCX, LAURUSLABS, SHRIRAMFIN. From each fund's latest monthly portfolio.
Which is riskier, Kotak Nifty500 Momentum 50 Index Fund or NJ Momentum Fund?
On SEBI's riskometer, Kotak Nifty500 Momentum 50 Index Fund is rated Very High and NJ Momentum Fund Very High. Over their common history, the standard deviation of daily returns was 20.33% and 16.11% a year.
Can I invest in both Kotak Nifty500 Momentum 50 Index Fund and NJ Momentum Fund?
Yes. 36.4% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Kotak Nifty500 Momentum 50 Index Fund and NJ Momentum Fund?
Kotak Nifty500 Momentum 50 Index Fund: Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar. NJ Momentum Fund: Dhaval Patel, Viral Shah, Jaimin Ilavia.
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.