Kotak Nifty 100 Equal Weight ETF vs Kotak Nifty 100 Equal Weight Index Fund
Kotak Nifty 100 Equal Weight ETF and Kotak Nifty 100 Equal Weight Index Fund are both Nifty 100 Equal Weight Index Funds & ETFs. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR — vs —, 5-year CAGR — vs —, volatility 17.40% vs 18.11%, maximum drawdown −13.48% vs −13.48%. Their portfolios overlap by 100% (100 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Kotak Nifty 100 Equal Weight ETF | Kotak Nifty 100 Equal Weight Index | |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Kotak Mahindra Mutual Fund |
| Compared as | Nifty 100 Equal Weight Index Funds & ETFs | Nifty 100 Equal Weight Index Funds & ETFs |
| NAV | ₹35.1100 | ₹11.1550 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 28 Feb 2025 | 30 Dec 2024 |
| Track record | 1.7 yrs | 1.9 yrs |
| Fund size (AUM) | ₹39 Cr | ₹48 Cr |
| Securities held | 100 | 100 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Kotak Nifty 100 Equal Weight ETF | Kotak Nifty 100 Equal Weight Index | |
|---|---|---|
| 1 month | +6.20% | +6.21% |
| 3 months | −2.43% | −2.44% |
| 6 months | +1.75% | +1.79% |
| 1 year | +4.08% | +3.98% |
| 3 years (CAGR) | — | — |
| 5 years (CAGR) | — | — |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +14.33% | +6.22% |
| SIP return (XIRR, 5 years) ⓘ | — | — |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Kotak Nifty 100 Equal Weight ETF | Kotak Nifty 100 Equal Weight Index | |
|---|---|---|
| 2026 (year to date) | +2.89% | +2.91% |
| 2025 | — | +8.57% |
Risk
| Kotak Nifty 100 Equal Weight ETF | Kotak Nifty 100 Equal Weight Index | |
|---|---|---|
| Volatility (annualised) ⓘ | 17.40% | 18.11% |
| Downside volatility ⓘ | 11.29% | 12.72% |
| Sharpe ratio ⓘ | 0.45 | -0.02 |
| Sortino ratio ⓘ | 0.69 | -0.02 |
| Maximum drawdown ⓘ | −13.48% | −13.48% |
| Recovery from that fall | 2 months | 2 months |
| Current fall from peak | −2.60% | −2.62% |
| Rolling 1-year return: worst | −5.93% | −6.03% |
| Rolling 1-year return: median | +5.88% | +7.09% |
| Rolling 1-year return: best | +19.95% | +19.72% |
| Share of 1-year periods with a loss | 14.20% | 11.37% |
Against each fund's benchmark
| Kotak Nifty 100 Equal Weight ETF | Kotak Nifty 100 Equal Weight Index | |
|---|---|---|
| Beta ⓘ | 1.09 | 1.12 |
| Alpha (Jensen's, annualised) ⓘ | +6.28% | +4.75% |
| R² ⓘ | 94.11 | 94.33 |
| Upside capture | 117.28% | 117.14% |
| Downside capture | 85.26% | 96.82% |
| Tracking error | 4.43% | 4.67% |
| Information ratio | 1.41 | 0.77 |
| Treynor ratio | 3.33 | -3.54 |
Portfolio
Asset mix
| Kotak Nifty 100 Equal Weight ETF | Kotak Nifty 100 Equal Weight Index | |
|---|---|---|
| Equity | 99.96% | 100.00% |
| Cash & equivalents | 0.04% | 0.00% |
Market-cap split (share of fund assets)
| Kotak Nifty 100 Equal Weight ETF | Kotak Nifty 100 Equal Weight Index | |
|---|---|---|
| Large Cap | 94.00% | 94.04% |
| Mid Cap | 5.96% | 5.96% |
| Small Cap | 0.00% | 0.00% |
| Unclassified | 0.00% | 0.00% |
Concentration
| Kotak Nifty 100 Equal Weight ETF | Kotak Nifty 100 Equal Weight Index | |
|---|---|---|
| Top 10 holdings | 10.31% | 10.33% |
| Effective number of stocks ⓘ | 100 | 100 |
| Securities held | 100 | 100 |
Portfolio overlap: 100%
100 companies are held by both funds; by weight, 100% of the two portfolios is the same. That is a high overlap: holding both adds little diversification beyond holding one.
| Held by both | Kotak Nifty 100 Equal Weight ETF | Kotak Nifty 100 Equal Weight Index |
|---|---|---|
| Kotak Mahindra Bank Limited | 1.06% | 1.06% |
| Dr. Reddy's Laboratories Limited | 1.05% | 1.05% |
| Axis Bank Limited | 1.03% | 1.03% |
| InterGlobe Aviation Limited | 1.03% | 1.04% |
| Adani Ports and Special Economic Zone Limited | 1.03% | 1.03% |
| Adani Power Limited | 1.03% | 1.03% |
| Infosys Limited | 1.02% | 1.02% |
| Indian Railway Finance Corporation Limited | 1.02% | 1.02% |
| ICICI Bank Limited | 1.02% | 1.02% |
| Avenue Supermarts Ltd. | 1.02% | 1.02% |
| Varun Beverages Limited | 1.02% | 1.02% |
| LTM Limited | 1.02% | 1.02% |
| Indian Oil Corporation Limited | 1.02% | 1.02% |
| Solar Industries India Limited | 1.02% | 1.03% |
| Adani Enterprises Limited | 1.02% | 1.02% |
Top 10 holdings
Kotak Nifty 100 Equal Weight ETF
- Kotak Mahindra Bank Limited1.06%
- Dr. Reddy's Laboratories Limited1.05%
- Axis Bank Limited1.03%
- InterGlobe Aviation Limited1.03%
- Adani Ports and Special Economic Zone Limited1.03%
- Adani Power Limited1.03%
- Infosys Limited1.02%
- Indian Railway Finance Corporation Limited1.02%
- ICICI Bank Limited1.02%
- Avenue Supermarts Ltd.1.02%
Kotak Nifty 100 Equal Weight Index
- Kotak Mahindra Bank Limited1.06%
- Dr. Reddy's Laboratories Limited1.05%
- InterGlobe Aviation Limited1.04%
- Axis Bank Limited1.03%
- Solar Industries India Limited1.03%
- Adani Ports and Special Economic Zone Limited1.03%
- Adani Power Limited1.03%
- Infosys Limited1.02%
- Indian Railway Finance Corporation Limited1.02%
- Hitachi Energy India Limited1.02%
Sector exposure
| Kotak Nifty 100 Equal Weight ETF | Kotak Nifty 100 Equal Weight Index | |
|---|---|---|
| Finance | 9.98% | 9.98% |
| Banks | 9.05% | 9.06% |
| Automobiles | 7.01% | 7.01% |
| Power | 6.05% | 6.05% |
| IT - Software | 6.05% | 6.05% |
| Pharmaceuticals & Biotechnology | 6.02% | 6.02% |
| Electrical Equipment | 4.97% | 4.98% |
| Petroleum Products | 3.02% | 3.02% |
| Ferrous Metals | 3.02% | 3.02% |
| Retailing | 3.01% | 3.01% |
| Cement & Cement Products | 2.99% | 2.99% |
| Non - Ferrous Metals | 2.97% | 2.97% |
| Chemicals & Petrochemicals | 2.01% | 2.02% |
| Aerospace & Defense | 2.01% | 2.01% |
Questions people ask
What is the difference between Kotak Nifty 100 Equal Weight ETF and Kotak Nifty 100 Equal Weight Index returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +4.08% vs +3.98%; 3-year CAGR — vs —; 5-year CAGR — vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do Kotak Nifty 100 Equal Weight ETF and Kotak Nifty 100 Equal Weight Index compare on risk?
Volatility (36 monthly returns, annualised) 17.40% vs 18.11%; Sharpe ratio 0.45 vs -0.02; Sortino ratio 0.69 vs -0.02; maximum drawdown −13.48% vs −13.48%; beta 1.09 vs 1.12.
How much do Kotak Nifty 100 Equal Weight ETF and Kotak Nifty 100 Equal Weight Index overlap?
By weight, 100% of the two portfolios is invested in the same companies; 100 stocks are held by both, the largest shared positions being Kotak Mahindra Bank Limited, Dr. Reddy's Laboratories Limited, Axis Bank Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Kotak Nifty 100 Equal Weight ETF and Kotak Nifty 100 Equal Weight Index?
Kotak Nifty 100 Equal Weight ETF: large cap 94.0%, mid cap 6.0%, small cap 0.0%. Kotak Nifty 100 Equal Weight Index: large cap 94.0%, mid cap 6.0%, small cap 0.0% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
More comparisons
Kotak Nifty 100 Equal Weight ETF vs
Kotak Nifty 100 Equal Weight Index vs
All Nifty 100 Equal Weight Index Funds & ETFs comparisons → · Compare up to six funds yourself → · Every fund in this category → · All comparisons →
Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.