Kotak Nifty Alpha 50 ETF vs Motilal Oswal Nifty Alpha 50 ETF
Kotak Nifty Alpha 50 ETF and Motilal Oswal Nifty Alpha 50 ETF are both Nifty Alpha 50 Index Funds & ETFs. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR +13.29% vs —, 5-year CAGR — vs —, volatility 22.46% vs 21.34%, maximum drawdown −33.46% vs −16.76%. Their portfolios overlap by 94.4% (49 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 Alpha 50 ETF | Motilal Oswal Nifty Alpha 50 ETF | |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Motilal Oswal Mutual Fund |
| Compared as | Nifty Alpha 50 Index Funds & ETFs | Nifty Alpha 50 Index Funds & ETFs |
| NAV | ₹50.6236 | ₹52.6209 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 29 Dec 2021 | 10 Jul 2025 |
| Track record | 4.9 yrs | 1.3 yrs |
| Fund size (AUM) | ₹892 Cr | ₹3 Cr |
| Securities held | 50 | 49 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Kotak Nifty Alpha 50 ETF | Motilal Oswal Nifty Alpha 50 ETF | |
|---|---|---|
| 1 month | −3.60% | −3.63% |
| 3 months | −5.36% | −5.24% |
| 6 months | −0.63% | −0.55% |
| 1 year | +3.45% | +3.25% |
| 3 years (CAGR) | +13.29% | — |
| 5 years (CAGR) | — | — |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +8.48% | −0.26% |
| 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 Alpha 50 ETF | Motilal Oswal Nifty Alpha 50 ETF | |
|---|---|---|
| 2026 (year to date) | +5.06% | +4.95% |
| 2025 | −10.82% | — |
| 2024 | +32.40% | — |
| 2023 | +41.79% | — |
| 2022 | −16.57% | — |
Risk
| Kotak Nifty Alpha 50 ETF | Motilal Oswal Nifty Alpha 50 ETF | |
|---|---|---|
| Volatility (annualised) ⓘ | 22.46% | 21.34% |
| Downside volatility ⓘ | 15.98% | 15.11% |
| Sharpe ratio ⓘ | 0.30 | -0.32 |
| Sortino ratio ⓘ | 0.43 | -0.45 |
| Maximum drawdown ⓘ | −33.46% | −16.76% |
| Recovery from that fall | 9 months | 2 months |
| Current fall from peak | −14.55% | −8.29% |
| Rolling 1-year return: worst | −30.64% | −3.47% |
| Rolling 1-year return: median | +7.88% | +7.18% |
| Rolling 1-year return: best | +88.85% | +16.49% |
| Share of 1-year periods with a loss | 36.62% | 4.88% |
Against each fund's benchmark
| Kotak Nifty Alpha 50 ETF | Motilal Oswal Nifty Alpha 50 ETF | |
|---|---|---|
| Beta ⓘ | 1.28 | 1.20 |
| Alpha (Jensen's, annualised) ⓘ | +5.46% | +7.48% |
| R² ⓘ | 67.06 | 73.38 |
| Upside capture | 149.30% | 135.88% |
| Downside capture | 138.01% | 101.33% |
| Tracking error | 13.96% | 11.78% |
| Information ratio | 0.37 | 0.36 |
| Treynor ratio | 5.52 | -6.03 |
Portfolio
Asset mix
| Kotak Nifty Alpha 50 ETF | Motilal Oswal Nifty Alpha 50 ETF | |
|---|---|---|
| Equity | 99.38% | 94.89% |
| Cash & equivalents | 0.62% | 5.11% |
Market-cap split (share of fund assets)
| Kotak Nifty Alpha 50 ETF | Motilal Oswal Nifty Alpha 50 ETF | |
|---|---|---|
| Large Cap | 24.96% | 24.93% |
| Mid Cap | 29.46% | 29.53% |
| Small Cap | 40.82% | 36.81% |
| Unclassified | 4.14% | 3.62% |
Concentration
| Kotak Nifty Alpha 50 ETF | Motilal Oswal Nifty Alpha 50 ETF | |
|---|---|---|
| Top 10 holdings | 41.12% | 38.88% |
| Effective number of stocks ⓘ | 34.1 | 37.9 |
| Securities held | 50 | 49 |
Portfolio overlap: 94.4%
49 companies are held by both funds; by weight, 94.4% 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 Alpha 50 ETF | Motilal Oswal Nifty Alpha 50 ETF |
|---|---|---|
| Cupid Ltd. | 8.46% | 7.40% |
| Sterlite Technologies Limited | 5.33% | 5.07% |
| MTAR Technologies Limited | 4.89% | 5.30% |
| Ather Energy Limited | 3.85% | 3.86% |
| TD Power Systems Limited | 4.14% | 3.62% |
| Welspun Corp Limited | 3.53% | 3.08% |
| Kirloskar Oil Engines Limited | 3.25% | 2.85% |
| Multi Commodity Exchange of India Limited | 2.57% | 2.57% |
| Apar Industries Limited | 2.55% | 2.58% |
| Hindustan Copper Limited | 2.55% | 2.55% |
| Acutaas Chemicals Limited | 2.49% | 2.49% |
| Laurus Labs Limited | 2.44% | 2.44% |
| Bharat Heavy Electricals Limited | 2.35% | 2.35% |
| Vodafone Idea Limited | 2.27% | 2.28% |
| Shriram Finance Limited | 2.15% | 2.15% |
Top 10 holdings
Kotak Nifty Alpha 50 ETF
- Cupid Ltd.8.46%
- Sterlite Technologies Limited5.33%
- MTAR Technologies Limited4.89%
- TD Power Systems Limited4.14%
- Ather Energy Limited3.85%
- Welspun Corp Limited3.53%
- Kirloskar Oil Engines Limited3.25%
- Multi Commodity Exchange of India Limited2.57%
- Apar Industries Limited2.55%
- Hindustan Copper Limited2.55%
Motilal Oswal Nifty Alpha 50 ETF
- Cupid Ltd.7.40%
- MTAR Technologies Limited5.30%
- Sterlite Technologies Limited5.07%
- Ather Energy Limited3.86%
- TD Power Systems Limited3.62%
- Welspun Corp Limited3.08%
- Kirloskar Oil Engines Limited2.85%
- Apar Industries Limited2.58%
- Multi Commodity Exchange of India Limited2.57%
- Hindustan Copper Limited2.55%
Sector exposure
| Kotak Nifty Alpha 50 ETF | Motilal Oswal Nifty Alpha 50 ETF | |
|---|---|---|
| Electrical Equipment | 17.10% | 17.03% |
| Banks | 10.74% | 10.76% |
| Industrial Products | 8.54% | 7.69% |
| Personal Products | 8.46% | 7.40% |
| Finance | 6.92% | 6.92% |
| Pharmaceuticals & Biotechnology | 5.71% | 5.71% |
| Non - Ferrous Metals | 5.71% | 5.71% |
| Automobiles | 5.66% | 5.66% |
| Telecom - Equipment & Accessories | 5.33% | 5.07% |
| Telecom - Services | 4.53% | 2.28% |
| Capital Markets | 4.01% | 4.01% |
| Power | 3.55% | 3.56% |
| Chemicals & Petrochemicals | 2.97% | 2.92% |
| Auto Components | 1.96% | 1.97% |
Questions people ask
What is the difference between Kotak Nifty Alpha 50 ETF and Motilal Oswal Nifty Alpha 50 ETF returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return +3.45% vs +3.25%; 3-year CAGR +13.29% vs —; 5-year CAGR — vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do Kotak Nifty Alpha 50 ETF and Motilal Oswal Nifty Alpha 50 ETF compare on risk?
Volatility (36 monthly returns, annualised) 22.46% vs 21.34%; Sharpe ratio 0.30 vs -0.32; Sortino ratio 0.43 vs -0.45; maximum drawdown −33.46% vs −16.76%; beta 1.28 vs 1.20.
How much do Kotak Nifty Alpha 50 ETF and Motilal Oswal Nifty Alpha 50 ETF overlap?
By weight, 94.4% of the two portfolios is invested in the same companies; 49 stocks are held by both, the largest shared positions being Cupid Ltd., Sterlite Technologies Limited, MTAR Technologies Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Kotak Nifty Alpha 50 ETF and Motilal Oswal Nifty Alpha 50 ETF?
Kotak Nifty Alpha 50 ETF: large cap 25.0%, mid cap 29.5%, small cap 40.8%. Motilal Oswal Nifty Alpha 50 ETF: large cap 24.9%, mid cap 29.5%, small cap 36.8% (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 Alpha 50 ETF vs
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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 5 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.