Kotak Nifty Alpha 50 Index Fund is a mutual fund run by Kotak Mahindra Mutual Fund. On 30-09-2026, it managed ₹55 Cr of investors' money. In the year to 30-10-2026, its Direct plan returned 1.1% and its Regular plan returned 0.5%. Its benchmark, Nifty Alpha 50 TRI, returned 3.0% over the same year.
NAV (Direct plan)
₹10.09
▼ 1.32% · 30-10-2026
NAV (Regular plan)
₹10.01
▼ 1.32% · 30-10-2026
Expense ratio
1.09%Direct1.68%Regular
1.09%
A year
Riskometer
Very High
Set by the fund house
1 year return
1.1%Direct0.5%Regular
1.1%
Total
Kotak Nifty Alpha 50 Index Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹10.09 (down 1.32% that day); Regular Plan Growth ₹10.01 (down 1.32% that day).
This fund (Direct plan)
₹10.085
Kotak Nifty Alpha 50 Index Fund Returns vs Nifty Alpha 50 TRI
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−3.08%
−3.05%
+2.07%
+1.08%
--
--
--
This fund (Regular)
−3.12%
−3.19%
+1.78%
+0.49%
--
--
--
Nifty Alpha 50 TRI
−2.88%
−1.92%
+3.56%
+2.99%
+14.84%
+11.56%
+19.12%
Category average
--
--
--
--
--
--
--
Best in category
--
--
--
--
--
--
--
Worst in category
--
--
--
--
--
--
--
Rank in category
--
--
--
--
--
--
--
No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds.
Kotak Nifty Alpha 50 Index Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
Nifty Alpha 50 TRI
2026to date
+3.11%
+2.60%
+4.79%
Kotak Nifty Alpha 50 Index Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 1-year holding period, plotted on the day it ended. There are 45 periods, one for each trading day from 24-08-2026 to 30-10-2026.
−5%0%5%10%15%20%
Kotak Nifty Alpha 50 Index Fund (Direct)
Nifty Alpha 50 TRI
Aug 2025 to Aug 2026Sept 2025 to Sept 2026Sept 2025 to Sept 2026Oct 2025 to Oct 2026Oct 2025 to Oct 2026Oct 2025 to Oct 2026
Kotak Nifty Alpha 50 Index Fund (Direct)Nifty Alpha 50 TRI
7%
2%
Below 0%
13%
11%
0-5%
51%
44%
5-10%
24%
33%
10-15%
4%
9%
15-20%
0%
0%
20-25%
0%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
45
8.0%
−3.6%
16.5%
7%
9.6%
0%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty Alpha 50 TRI over the same days. Past returns do not promise future returns.
Kotak Nifty Alpha 50 Index Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Kotak Nifty Alpha 50 Index Fund (Direct)This fund
Nifty Alpha 50 TRI
Return (CAGR)
+1.08%
+2.99%
Standard deviation
20.12%
20.13%
Sharpe ratio
-0.21
-0.11
Sortino ratio
-0.28
-0.15
Maximum drawdown
−15.2%
(30-03-2026)
−15.0%
(30-03-2026)
Beta
1.00
1.00
Alpha
−1.92%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Kotak Nifty Alpha 50 Index Fund (Direct)This fund
Nifty Alpha 50 TRI
Return (CAGR)
+0.67%
+2.50%
Standard deviation
19.19%
19.21%
Sharpe ratio
-0.24
-0.15
Sortino ratio
-0.33
-0.20
Maximum drawdown
−15.2%
(30-03-2026)
−15.0%
(30-03-2026)
Beta
1.00
1.00
Alpha
−1.84%
0.00%
From daily NAVs, 22-08-2025 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
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.
−20%−15%−10%−5%0%
Kotak Nifty Alpha 50 Index Fund (Direct)
Nifty Alpha 50 TRI
2026
Kotak Nifty Alpha 50 Index Fund (Direct)Nifty Alpha 50 TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Kotak Nifty Alpha 50 Index Fund (Direct)
−15.2%
17-11-2025
30-03-2026
07-05-2026
38 days
−9.9%
Nifty Alpha 50 TRI
−15.0%
17-11-2025
30-03-2026
07-05-2026
38 days
−8.9%
From the Direct plan's daily NAV since 22-08-2025, adjusted for unit splits, and Nifty Alpha 50 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Kotak Nifty Alpha 50 Index Fund Expense Ratio and Costs
What each plan charges a year, in force from 01-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Direct
0.30%
0.08%
0.02%
0.69%
1.09%
Regular
0.80%
0.08%
0.02%
0.78%
1.68%
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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
0.49%
1.08%
0.59%
₹1,00,490
₹1,01,080
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
Kotak Nifty Alpha 50 Index Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 22-08-2025 to 30-10-2026: 15 instalments, ₹1,50,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planKotak Nifty Alpha 50 Index Fund (Direct)
₹1,50,000
₹1,52,086
₹2,086
2.1%
Regular planKotak Nifty Alpha 50 Index Fund (Regular)
₹1,50,000
₹1,51,492
₹1,492
1.5%
Nifty Alpha 50 TRI
₹1,50,000
₹1,54,521
₹4,521
4.6%
₹0₹50,000₹1.0 L₹1.5 L₹2.0 L
Direct planKotak Nifty Alpha 50 Index Fund (Direct)
Regular planKotak Nifty Alpha 50 Index Fund (Regular)
Nifty Alpha 50 TRI
Amount invested
2026
Direct planKotak Nifty Alpha 50 Index Fund (Direct)Regular planKotak Nifty Alpha 50 Index Fund (Regular)Nifty Alpha 50 TRIAmount invested
From each plan's published NAV (Growth option), the benchmark's TRI, 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.
Kotak Nifty Alpha 50 Index Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
100.5%Equity
Asset
Fund
Equity
100.5%
Cash and others
−0.5%
Cash and others is below 0: on that day the fund owed more in payments due than it held in cash.
Market cap of stocks
Market cap
Fund
Large Cap
24.9%
Mid Cap
29.4%
Small Cap
42.1%
Not on AMFI's list
4.2%
Share of the whole fund. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Kotak Nifty Alpha 50 Index Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Electrical Equipment17.0%
Banks10.7%
Industrial Products8.6%
Personal Products8.5%
Finance6.9%
Telecom - Services5.9%
Pharmaceuticals and Biotechnology5.7%
Non - Ferrous Metals5.7%
Automobiles5.6%
Telecom - Equipment and Accessories5.3%
The ten largest of 20 sectors. The other 10 add up to 20.6%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Electrical Equipment
9.3%
9.7%
17.0%
+7.6%
Banks
12.3%
12.1%
10.7%
−1.6%
Industrial Products
4.3%
4.0%
8.6%
+4.3%
Personal Products
--
--
8.5%
--
Finance
11.1%
10.6%
6.9%
−4.2%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
Kotak Nifty Alpha 50 Index Fund Portfolio Holdings
As on 30-09-2026 · 50 holdings · from the fund house's monthly portfolio
Holdings
Sector
Weight%
Holdings trend
1M change
CUPID LTD.
Personal Products
8.51%
New
STERLITE TECHNOLOGIES LIMITED.
Telecom - Equipment and Accessories
5.25%
New
MTAR TECHNOLOGIES LIMITED
Electrical Equipment
4.82%
New
TD POWER SYSTEMS LTD.
Electrical Equipment
4.17%
New
ATHER ENERGY LTD
Automobiles
3.84%
−27.1%
HFCL LTD
Telecom - Services
3.60%
New
Welspun Corp Limited
Industrial Products
3.55%
New
Kirloskar Oil Engines Ltd.
Industrial Products
3.27%
New
MULTI COMMODITY EXCHANGE OF INDIA LIMITED
Capital Markets
2.56%
−23.2%
Apar Industries Ltd.
Electrical Equipment
2.55%
+35.4%
HINDUSTAN COPPER LTD.
Non - Ferrous Metals
2.54%
−6.4%
Ami Organics Ltd
Pharmaceuticals and Biotechnology
2.48%
−25.3%
Laurus Labs Ltd
Pharmaceuticals and Biotechnology
2.43%
−34.8%
Bharat Heavy Electricals Ltd.
Electrical Equipment
2.35%
+28.8%
Vodafone Idea Ltd
Telecom - Services
2.27%
−2.7%
SHRIRAM FINANCE LIMITED
Finance
2.14%
+32.6%
National Aluminium Company Ltd.
Non - Ferrous Metals
2.06%
−26.1%
ADANI ENERGY SOLUTIONS LTD.
Power
1.97%
+5.5%
BHARAT FORGE LTD.
Auto Components
1.96%
+23.8%
FEDERAL BANK LTD.
Banks
1.89%
+53.1%
NAVIN FLUORINE INTERNATIONAL LTD.
Chemicals and Petrochemicals
1.81%
−4.1%
VEDANTA LTD.
Diversified Metals
1.72%
−29.1%
HITACHI ENERGY INDIA LTD.
Electrical Equipment
1.71%
−17.8%
ADANI POWER LTD
Power
1.57%
−36.2%
KARUR VYSYA BANK LTD.
Banks
1.56%
−15.4%
Steel Authority of India Ltd.
Ferrous Metals
1.51%
−13.5%
GE VERNOVA T&D INDIA LIMITED
Electrical Equipment
1.44%
−38.2%
BSE LTD
Capital Markets
1.43%
+2.4%
India Infoline Ltd
Finance
1.35%
+113.6%
AU SMALL FINANCE BANK LTD.
Banks
1.32%
+6.2%
Radico Khaitan Ltd.
Beverages
1.31%
+4.0%
UNION BANK OF INDIA
Banks
1.31%
+80.5%
ADITYA BIRLA CAPITAL LTD
Finance
1.30%
−28.9%
FSN E-Commerce Ventures Ltd.
Retailing
1.26%
+23.2%
L&T FINANCE LTD
Finance
1.25%
−29.5%
One 97 Communications Ltd
Financial Technology (Fintech)
1.22%
−23.5%
RBL BANK LTD.
Banks
1.18%
−36.2%
Solar Industries India Limited
Chemicals and Petrochemicals
1.16%
+91.8%
Ashok Leyland Ltd.
Agricultural, Commercial and Construction Vehicles
1.14%
−8.5%
Hindalco Industries Ltd.
Non - Ferrous Metals
1.08%
−43.6%
INDIAN BANK
Banks
1.05%
−10.0%
TVS Motor Company Ltd.
Automobiles
0.93%
−7.1%
polycab India Limited
Industrial Products
0.88%
−37.5%
Cummins India Ltd.
Industrial Products
0.88%
−49.8%
STATE BANK OF INDIA.
Banks
0.88%
+30.0%
Eicher Motors Ltd.
Automobiles
0.87%
−21.5%
Manappuram Finance Ltd.
Finance
0.85%
−30.6%
BANK OF INDIA
Banks
0.85%
+24.2%
Glenmark Pharmaceuticals Ltd
Pharmaceuticals and Biotechnology
0.78%
−52.2%
CANARA BANK
Banks
0.69%
+9.5%
Kotak Nifty Alpha 50 Index Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
CUPID LTD.
↑New
New
8.51%
ATHER ENERGY LTD
↓Reduced
−27.1%
3.84%
STERLITE TECHNOLOGIES LIMITED.
↑New
New
5.25%
MTAR TECHNOLOGIES LIMITED
↑New
New
4.82%
TD POWER SYSTEMS LTD.
↑New
New
4.17%
Laurus Labs Ltd
↓Reduced
−34.8%
2.43%
MULTI COMMODITY EXCHANGE OF INDIA LIMITED
↓Reduced
−23.2%
2.56%
Ami Organics Ltd
↓Reduced
−25.3%
2.48%
HFCL LTD
↑New
New
3.60%
Welspun Corp Limited
↑New
New
3.55%
National Aluminium Company Ltd.
↓Reduced
−26.1%
2.06%
HINDUSTAN COPPER LTD.
↓Reduced
−6.4%
2.54%
Kirloskar Oil Engines Ltd.
↑New
New
3.27%
VEDANTA LTD.
↓Reduced
−29.1%
1.72%
Vodafone Idea Ltd
↓Reduced
−2.7%
2.27%
GE VERNOVA T&D INDIA LIMITED
↓Reduced
−38.2%
1.44%
ADANI POWER LTD
↓Reduced
−36.2%
1.57%
HITACHI ENERGY INDIA LTD.
↓Reduced
−17.8%
1.71%
Anand Rathi Wealth Ltd.
↓Sold out
−100%
was 2.56%
Apar Industries Ltd.
↑Added
+35.4%
2.55%
L&T FINANCE LTD
↓Reduced
−29.5%
1.25%
Bharat Heavy Electricals Ltd.
↑Added
+28.8%
2.35%
Hindalco Industries Ltd.
↓Reduced
−43.6%
1.08%
ADANI ENERGY SOLUTIONS LTD.
↑Added
+5.5%
1.97%
NAVIN FLUORINE INTERNATIONAL LTD.
↓Reduced
−4.1%
1.81%
KARUR VYSYA BANK LTD.
↓Reduced
−15.4%
1.56%
ADITYA BIRLA CAPITAL LTD
↓Reduced
−28.9%
1.30%
SHRIRAM FINANCE LIMITED
↑Added
+32.6%
2.14%
Steel Authority of India Ltd.
↓Reduced
−13.5%
1.51%
Cummins India Ltd.
↓Reduced
−49.8%
0.88%
RBL BANK LTD.
↓Reduced
−36.2%
1.18%
BHARAT FORGE LTD.
↑Added
+23.8%
1.96%
Glenmark Pharmaceuticals Ltd
↓Reduced
−52.2%
0.78%
FEDERAL BANK LTD.
↑Added
+53.1%
1.89%
polycab India Limited
↓Reduced
−37.5%
0.88%
One 97 Communications Ltd
↓Reduced
−23.5%
1.22%
BSE LTD
↑Added
+2.4%
1.43%
MUTHOOT FINANCE LTD.
↓Sold out
−100%
was 1.67%
Ashok Leyland Ltd.
↓Reduced
−8.5%
1.14%
AU SMALL FINANCE BANK LTD.
↑Added
+6.2%
1.32%
Manappuram Finance Ltd.
↓Reduced
−30.6%
0.85%
INDIAN BANK
↓Reduced
−10.0%
1.05%
Radico Khaitan Ltd.
↑Added
+4.0%
1.31%
Eicher Motors Ltd.
↓Reduced
−21.5%
0.87%
India Infoline Ltd
↑Added
+113.6%
1.35%
UNION BANK OF INDIA
↑Added
+80.5%
1.31%
FSN E-Commerce Ventures Ltd.
↑Added
+23.2%
1.26%
TVS Motor Company Ltd.
↓Reduced
−7.1%
0.93%
Solar Industries India Limited
↑Added
+91.8%
1.16%
Fortis Healthcare India Ltd
↓Sold out
−100%
was 1.06%
DELHIVERY LTD
↓Sold out
−100%
was 0.96%
STATE BANK OF INDIA.
↑Added
+30.0%
0.88%
Amber Enterprises India Ltd
↓Sold out
−100%
was 0.86%
BANK OF INDIA
↑Added
+24.2%
0.85%
CANARA BANK
↑Added
+9.5%
0.69%
HDFC ASSET MANAGEMENT COMPANY LTD.
↓Sold out
−100%
was 0.75%
Max Financial Services Ltd
↓Sold out
−100%
was 0.52%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Kotak Nifty Alpha 50 Index Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
1.09%
Expense ratio (Regular)
1.68%
Category
Index
Risk
Very High
Benchmark
Nifty Alpha 50 TRI
Launch date
19-08-2025
Minimum investment
₹100
Minimum additional investment
₹100
AUM
₹55.37 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
153781
ISIN (Direct)
INF174KA1XG1
Scheme code (Regular)
153784
ISIN (Regular)
INF174KA1XJ5
NAV history
From 22-08-2025, 1.2 years
Exit load
Nil
Tax on Kotak Nifty Alpha 50 Index Fund returns
Kotak Nifty Alpha 50 Index Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹10.085
30-10-2026
direct
IDCW Payout Reinvestment
₹10.085
30-10-2026
regular
Growth
₹10.014
30-10-2026
regular
IDCW Payout Reinvestment
₹10.014
30-10-2026
About Kotak Nifty Alpha 50 Index Fund
Kotak Nifty Alpha 50 Index Fund is a mutual fund from Kotak Mahindra Mutual Fund. Its category is Index. It was launched on 19-08-2025. Its benchmark is Nifty Alpha 50 TRI. At the end of September 2026 it held 50 securities.
Fund Manager
Satish DondapatiFM 2 Mr. Abhishek Bisen
Fund manager of Kotak Nifty Alpha 50 Index Fund, since 19-08-2025
Jeetu Valechha Sonar
Fund manager of Kotak Nifty Alpha 50 Index Fund, since 09-03-2026
Frequently Asked Questions for Kotak Nifty Alpha 50 Index Fund
What is the current NAV of Kotak Nifty Alpha 50 Index Fund?
The Direct plan NAV is ₹10.085. The Regular plan NAV is ₹10.014, as on 30-10-2026.
What are the returns of Kotak Nifty Alpha 50 Index Fund?
The Direct plan returned +1.08% in 1 year. The Regular plan returned +0.49% in 1 year. These figures are as on 30-10-2026.
What is the expense ratio of Kotak Nifty Alpha 50 Index Fund?
The Direct plan charges 1.09% a year. The Regular plan charges 1.68% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.
What is the AUM of Kotak Nifty Alpha 50 Index Fund?
Kotak Nifty Alpha 50 Index Fund managed ₹55.37 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Kotak Nifty Alpha 50 Index Fund?
At the end of September 2026 the largest holdings were CUPID (8.51%), STLTECH (5.25%), MTARTECH (4.82%), TDPOWERSYS (4.17%), ATHERENERG (3.84%). The fund held 50 securities in all.
What did Kotak Nifty Alpha 50 Index Fund buy and sell in September 2026?
It bought 7 new stocks: STERLITE TECHNOLOGIES LIMITED, Kirloskar Oil Engines Ltd, Welspun Corp Limited, TD POWER SYSTEMS LTD, CUPID LTD. It sold out of 7: Fortis Healthcare India Ltd, HDFC ASSET MANAGEMENT COMPANY LTD, DELHIVERY LTD, Max Financial Services Ltd, Amber Enterprises India Ltd. It added shares in 16. It reduced 27.
How do I invest in Kotak Nifty Alpha 50 Index Fund?
Through Kotak Mahindra Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.
Who is the fund manager of Kotak Nifty Alpha 50 Index Fund?
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
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.
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