SBI Nifty200 Momentum 30 Index Fund vs Tata Nifty200 Alpha 30 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
SBI Nifty200 Momentum 30 Index Fund is a mutual fund and Tata Nifty200 Alpha 30 Index Fund is an Index fund. In the year to 30-10-2026, SBI Nifty200 Momentum 30 Index Fund (Direct) returned −9.8% and Tata Nifty200 Alpha 30 Index Fund (Direct) returned −3.2%. SBI Nifty200 Momentum 30 Index Fund charges 0.86% a year and Tata Nifty200 Alpha 30 Index Fund 0.82% (Direct plans). Their portfolios overlap 63.6%: they hold 22 of the same securities.
SBI Nifty200 Momentum 30 Index Fund
- 1 year return
- −9.8%
- Expense ratio
- 0.86%
- NAV
- ₹9.08
Tata Nifty200 Alpha 30 Index Fund
Index
- 1 year return
- −3.2%
- Expense ratio
- 0.82%
- NAV
- ₹8.40
Which is better, SBI Nifty200 Momentum 30 Index or Tata Nifty200 Alpha 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.
- Tata Nifty200 Alpha 30 Index returned more over 1 year: −3.2% against −9.8%.
- Tata Nifty200 Alpha 30 Index costs less: 0.82% a year against 0.86% (Direct plans).
- Tata Nifty200 Alpha 30 Index fell less in its worst fall since 15-07-2025: −15.3% against −16.1%.
- SBI Nifty200 Momentum 30 Index holds more in large companies: 66.5% of the fund in large caps against 49.1%.
- Tata Nifty200 Alpha 30 Index is the larger fund: ₹199 Cr against ₹114 Cr.
- Their portfolios overlap 63.6%: 22 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 | SBI Nifty200 Momentum 30 Index Fund | Tata Nifty200 Alpha 30 Index Fund |
|---|---|---|
| Fund house | SBI Mutual Fund | Tata Mutual Fund |
| Category | Not available | Index |
| AUM | ₹114 Cr (30-09-2026) | ₹199 Cr (30-09-2026) |
| NAV | ₹9.08 (Direct) | ₹8.40 (Direct) |
| Expense ratio (Direct) | 0.86% | 0.82% |
| Expense ratio (Regular) | 1.24% | 1.37% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty 200 Alpha 30 TRI |
| Launch date | Not available | 05-09-2024 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Nitin Sharma, Rakesh Prajapati |
| Exit load | Not available | Exit Load: 0.25% of the applicable NAV, if redeemed on or before 15 days from the date of allotment. |
SBI Nifty200 Momentum 30 Index vs Tata Nifty200 Alpha 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 |
|---|---|---|---|---|---|---|---|
| SBI Nifty200 Momentum 30 Index Fund (Direct) | −3.15% | −5.00% | −5.14% | −9.75% | -- | -- | -- |
| Tata Nifty200 Alpha 30 Index Fund (Direct) | −2.55% | −4.61% | −1.32% | −3.23% | -- | -- | -- |
SBI Nifty200 Momentum 30 Index vs Tata Nifty200 Alpha 30 Index: Year-wise Returns
| Year | SBI Nifty200 MomentumSBI Nifty200 Momentum 30 Index | Tata Nifty200 AlphaTata Nifty200 Alpha 30 Index |
|---|---|---|
| 2026to date | −8.16% | −1.48% |
| 2025 | -- | −5.68% |
SBI Nifty200 Momentum 30 Index vs Tata Nifty200 Alpha 30 Index: Rolling Returns
Every holding period of both funds, against Nifty200 Momentum 30 TRI, the benchmark of SBI Nifty200 Momentum 30 Index Fund
Rolling returns
Every 1-year holding period, 73 of them, one for each trading day from 15-07-2026 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.
SBI Nifty200 Momentum 30 Index Fund (Direct)
Tata Nifty200 Alpha 30 Index Fund (Direct)
Nifty200 Momentum 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SBI Nifty200 Momentum 30 Index | 57.5 | 37.0 | 5.5 | 0.0 | 0.0 | 0.0 | 0.0 | −1.4% | −0.9% | −14.1% | 5.7% | 0% |
| Tata Nifty200 Alpha 30 Index | 19.2 | 42.5 | 32.9 | 5.5 | 0.0 | 0.0 | 0.0 | 3.6% | 4.1% | −7.5% | 11.1% | 100% |
| Nifty200 Momentum 30 TRI | 52.1 | 41.1 | 6.8 | 0.0 | 0.0 | 0.0 | 0.0 | −0.6% | −0.1% | −13.4% | 6.6% | -- |
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 Momentum 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 15-07-2025. Past returns do not promise future returns.
SBI Nifty200 Momentum 30 Index vs Tata Nifty200 Alpha 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 15-07-2025 to 30-10-2026: 16 instalments, ₹1,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| SBI Nifty200 Momentum 30 IndexSBI Nifty200 Momentum 30 Index Fund (Direct) | ₹1,60,000 | ₹1,50,519 | −₹9,481 | −8.4% |
| Tata Nifty200 Alpha 30 IndexTata Nifty200 Alpha 30 Index Fund (Direct) | ₹1,60,000 | ₹1,56,687 | −₹3,313 | −2.9% |
SBI Nifty200 Momentum 30 IndexSBI Nifty200 Momentum 30 Index Fund (Direct)
Tata Nifty200 Alpha 30 IndexTata Nifty200 Alpha 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.
SBI Nifty200 Momentum 30 Index vs Tata Nifty200 Alpha 30 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | SBI Nifty200 Momentum 30 Index Fund (Direct) | Tata Nifty200 Alpha 30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −9.75% | −3.23% |
| Standard deviation | 19.17% | 19.69% |
| Sharpe ratio | -0.78 | -0.43 |
| Sortino ratio | -1.06 | -0.58 |
| Maximum drawdown | −16.1% (31-03-2026) | −15.3% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.74% | −1.18% |
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 | SBI Nifty200 Momentum 30 Index Fund (Direct) | Tata Nifty200 Alpha 30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −6.47% | −6.37% |
| Standard deviation | 17.70% | 19.86% |
| Sharpe ratio | -0.67 | -0.61 |
| Sortino ratio | -0.91 | -0.81 |
| Maximum drawdown | −16.1% (31-03-2026) | −29.5% (28-02-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.69% | −1.02% |
From daily NAVs, 15-07-2025 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.
SBI Nifty200 Momentum 30 Index Fund (Direct)
Tata Nifty200 Alpha 30 Index Fund (Direct)
Nifty200 Momentum 30 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| SBI Nifty200 Momentum 30 Index Fund (Direct) | −16.1% | 27-11-2025 | 31-03-2026 | Not yet | -- | −11.4% |
| Tata Nifty200 Alpha 30 Index Fund (Direct) | −15.3% | 01-12-2025 | 31-03-2026 | 07-05-2026 | 37 days | −10.1% |
| Nifty200 Momentum 30 TRI | −15.9% | 27-11-2025 | 30-03-2026 | Not yet | -- | −10.7% |
From daily values since 15-07-2025, 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.
SBI Nifty200 Momentum 30 Index Fund (Direct)
Tata Nifty200 Alpha 30 Index Fund (Direct)
Nifty200 Momentum 30 TRI
Against Nifty200 Momentum 30 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| SBI Nifty200 Momentum 30 Index Fund (Direct) | 98% | 101% | 0.23% |
| Tata Nifty200 Alpha 30 Index Fund (Direct) | 113% | 101% | 4.31% |
From month-end values since 15-07-2025. 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.
SBI Nifty200 Momentum 30 Index vs Tata Nifty200 Alpha 30 Index: Portfolio Overlap
From each fund's latest monthly portfolio: SBI Nifty200 Momentum 30 Index Fund, September 2026; Tata Nifty200 Alpha 30 Index Fund, September 2026
Holdings in common
- Overlap
- 63.6%
- Held by both
- 22
- Only in SBI Nifty200 Momentum 30 Index
- 8
- Only in Tata Nifty200 Alpha 30 Index
- 8
| Security | % of SBI Nifty200 Momentum 30 Index | % of Tata Nifty200 Alpha 30 Index |
|---|---|---|
| Multi Commodity Exchange of India Ltd. | 6.06% | 5.10% |
| Laurus Labs Ltd. | 6.55% | 5.07% |
| Shriram Finance Ltd. | 5.03% | 4.80% |
| Vedanta Ltd. | 4.26% | 3.75% |
| The Federal Bank Ltd. | 3.75% | 4.15% |
| Bharat Heavy Electricals Ltd. | 3.65% | 5.10% |
| Samvardhana Motherson International Ltd. | 3.35% | 4.35% |
| Adani Power Ltd. | 4.63% | 3.33% |
| Bharat Forge Ltd. | 3.20% | 4.35% |
| GE Vernova T&D India Ltd. | 4.33% | 3.03% |
| BSE Ltd. | 4.15% | 3.01% |
| Hitachi Energy India Ltd. | 2.90% | 3.71% |
| Adani Energy Solutions Ltd. | 2.80% | 4.38% |
| National Aluminium Company Ltd. | 2.66% | 4.62% |
| Hindalco Industries Ltd. | 5.03% | 2.13% |
| Vodafone Idea Ltd. | 2.02% | 4.67% |
| Adani Green Energy Ltd. | 2.08% | 1.95% |
| Steel Authority of India Ltd. | 1.69% | 3.21% |
| Polycab India Ltd. | 2.48% | 1.62% |
| Cummins India Ltd. | 4.47% | 1.60% |
| Aditya Birla Capital Ltd. | 1.34% | 2.67% |
| L&T Finance Ltd. | 0.88% | 2.57% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 63.6% means 63.6% 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 SBI Nifty200 Momentum 30 Index Fund
| Security | % of fund |
|---|---|
| Tata Steel Ltd. | 5.05% |
| NTPC Ltd. | 4.71% |
| CG Power and Industrial Solutions Ltd. | 3.04% |
| Torrent Pharmaceuticals Ltd. | 2.85% |
| Solar Industries India Ltd. | 2.17% |
Largest holdings only in Tata Nifty200 Alpha 30 Index Fund
| Security | % of fund |
|---|---|
| AUROBINDO PHARMA LTD | 3.06% |
| BANK OF MAHARASHTRA | 3.00% |
| UNION BANK OF INDIA | 2.71% |
| AU SMALL FINANCE BANK LTD | 2.71% |
| FSN E COMMERCE VENTURES LTD | 2.57% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | SBI Nifty200 Momentum 30 Index | Tata Nifty200 Alpha 30 Index |
|---|---|---|
| Equity | 100.1% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.1% | 0.0% |
Market cap of stocks
| Market cap | SBI Nifty200 Momentum 30 Index | Tata Nifty200 Alpha 30 Index |
|---|---|---|
| Large Cap | 66.5% | 49.1% |
| Mid Cap | 33.6% | 50.8% |
| Small Cap | 0.0% | 0.0% |
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 | SBI Nifty200 Momentum 30 Index | Tata Nifty200 Alpha 30 Index |
|---|---|---|
| Electrical Equipment | 15.8% | 11.8% |
| Banks | 3.8% | 14.6% |
| Power | 14.2% | 9.7% |
| Pharmaceuticals & Biotechnology | 11.2% | 8.1% |
| Capital Markets | 10.2% | 8.1% |
| Finance | 7.3% | 10.0% |
| Auto Components | 6.5% | 8.7% |
| Industrial Products | 8.4% | 3.2% |
| Non - Ferrous Metals | 7.7% | 6.8% |
The six largest sectors of each fund's stocks, % of the fund.
SBI Nifty200 Momentum 30 Index vs Tata Nifty200 Alpha 30 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | SBI Nifty200 Momentum 30 Index Fund | Tata Nifty200 Alpha 30 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.86% | 0.82% |
| Base expense ratio (Direct) | 0.34% | 0.39% |
| Total expense ratio (Regular) | 1.24% | 1.37% |
| Base expense ratio (Regular) | 0.67% | 0.90% |
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.
SBI Nifty200 Momentum 30 Index Fund vs Tata Nifty200 Alpha 30 Index Fund: Frequently Asked Questions
What is the difference between SBI Nifty200 Momentum 30 Index Fund and Tata Nifty200 Alpha 30 Index Fund?
SBI Nifty200 Momentum 30 Index Fund is a mutual fund, Tata Nifty200 Alpha 30 Index Fund is an Index fund, run by SBI Mutual Fund and Tata Mutual Fund. Their portfolios overlap 63.6%. SBI Nifty200 Momentum 30 Index Fund charges 0.86% a year and Tata Nifty200 Alpha 30 Index Fund 0.82%.
Which has given higher returns, SBI Nifty200 Momentum 30 Index Fund or Tata Nifty200 Alpha 30 Index Fund?
Over 1 year: SBI Nifty200 Momentum 30 Index Fund −9.75%, Tata Nifty200 Alpha 30 Index Fund −3.23%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, SBI Nifty200 Momentum 30 Index Fund or Tata Nifty200 Alpha 30 Index Fund?
Tata Nifty200 Alpha 30 Index Fund charges less: 0.82% a year against 0.86%. These are the Direct plans' total expense ratios reported to AMFI.
How much do SBI Nifty200 Momentum 30 Index Fund and Tata Nifty200 Alpha 30 Index Fund overlap?
63.6%. They hold 22 of the same securities, the largest shared ones being MCX, LAURUSLABS, SHRIRAMFIN. From each fund's latest monthly portfolio.
Can I invest in both SBI Nifty200 Momentum 30 Index Fund and Tata Nifty200 Alpha 30 Index Fund?
Yes. 63.6% 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.