Kotak Nifty Alpha 50 Index Fund
Multi Cap IndexVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹10.62-1.58%1 day
- Return since launch
- 7.1%
- 52-week range
- ₹8.62 — ₹11.13
- AUM
- ₹49.06 Cr
Kotak Nifty Alpha 50 Index Fund is a Multi Cap Index equity fund from Kotak Mahindra Mutual Fund with ₹49.06 Cr under management, launched in 2025. The expense ratio is 1.44% and the SEBI riskometer reading is Very High.
Performance
Kotak Nifty Alpha 50 Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +7.9% against -0.9% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 12.4% | +11.1 pts | 1.4% | -1.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -3.5% | +0.3 pts | -3.8% | -3.3% |
| 3M | 2.6% | +4.1 pts | -1.5% | -0.7% |
| 6M | 16.0% | +8.4 pts | 7.6% | 8.0% |
| 1Y | 7.9% | +6.6 pts | 1.4% | -0.9% |
Since launch (28 Jul 2025): 7.1%
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.38%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.80%
- Brokerage
- 0.05%
- Transaction charges
- 0.01%
- Statutory levies
- 0.52%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty Alpha 50 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Kotak Nifty Alpha 50 Index Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity101.3%
Market cap split
- Large34.9%
- Mid41.6%
- Small23.5%
- P/E
- 18.19
- P/B
- 3.25
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Ather Energy Ltd. | Automobile | 7.17% | ₹3.52 Cr | — | — | — |
| Laurus Labs Ltd. | Healthcare | 4.07% | ₹1.99 Cr | +3.33% | +3.40% | +2.22% |
| Multi Commodity Exchange Of India Ltd. | Services | 3.88% | ₹1.90 Cr | +3.55% | +2.80% | +2.59% |
| Acutaas Chemicals Ltd. | Healthcare | 3.61% | ₹1.77 Cr | — | — | — |
| National Aluminium Company Ltd. | Metals & Mining | 3.52% | ₹1.73 Cr | +2.55% | — | — |
| Hindustan Copper Ltd. | Metals & Mining | 3.40% | ₹1.67 Cr | +3.96% | — | — |
| Vedanta Ltd. | Metals & Mining | 2.95% | ₹1.45 Cr | +0.97% | — | — |
| Vodafone Idea Ltd. | Communication | 2.91% | ₹1.43 Cr | — | — | — |
| GE Vernova T&D India Ltd | Capital Goods | 2.79% | ₹1.37 Cr | +5.57% | +3.48% | +3.02% |
| Adani Power Ltd. | Energy | 2.69% | ₹1.32 Cr | +1.51% | +1.29% | — |
| Hitachi Energy India Ltd. | Capital Goods | 2.59% | ₹1.27 Cr | +4.49% | +5.03% | +2.95% |
| Anand Rathi Wealth Ltd. | Financial | 2.56% | ₹1.25 Cr | — | — | — |
| L&T Finance Ltd. | Financial | 2.43% | ₹1.19 Cr | +2.76% | +4.40% | — |
| Hindalco Industries Ltd. | Metals & Mining | 2.34% | ₹1.15 Cr | — | — | — |
| Adani Energy Solutions Ltd. | Energy | 2.28% | ₹1.12 Cr | — | — | — |
| Navin Fluorine International Ltd. | Chemicals | 2.24% | ₹1.10 Cr | +1.99% | +3.14% | — |
| Aditya Birla Capital Ltd. | Financial | 2.22% | ₹1.09 Cr | +3.19% | +3.45% | — |
| Karur Vysya Bank Ltd. | Financial | 2.22% | ₹1.09 Cr | +2.39% | — | — |
| Bharat Heavy Electricals Ltd. | Capital Goods | 2.19% | ₹1.07 Cr | — | — | — |
| Apar Industries Ltd. | Consumer Staples | 2.16% | ₹1.06 Cr | +2.67% | — | — |
| Steel Authority Of India Ltd. | Metals & Mining | 2.12% | ₹1.04 Cr | — | — | — |
| Cummins India Ltd. | Capital Goods | 2.11% | ₹1.04 Cr | +2.45% | — | — |
| Shriram Finance Ltd | Financial | 2.06% | ₹1.01 Cr | +1.66% | +1.80% | — |
| RBL Bank Ltd. | Financial | 1.97% | ₹0.97 Cr | +2.80% | +4.39% | — |
| Bharat Forge Ltd. | Automobile | 1.95% | ₹0.96 Cr | +2.19% | — | — |
| Glenmark Pharmaceuticals Ltd. | Healthcare | 1.95% | ₹0.96 Cr | +1.94% | +1.25% | +1.00% |
| Polycab India Ltd. | Capital Goods | 1.87% | ₹0.92 Cr | +2.61% | — | — |
| One97 Communications Ltd. | Services | 1.84% | ₹0.90 Cr | +1.24% | +1.63% | +6.85% |
| BSE Ltd. | Services | 1.68% | ₹0.82 Cr | +2.31% | +3.56% | +4.69% |
| Muthoot Finance Ltd. | Financial | 1.67% | ₹0.82 Cr | +1.49% | +3.59% | +1.25% |
| Ashok Leyland Ltd. | Automobile | 1.60% | ₹0.79 Cr | +2.15% | +1.77% | — |
| The Federal Bank Ltd. | Financial | 1.56% | ₹0.77 Cr | +1.97% | — | — |
| AU Small Finance Bank Ltd. | Financial | 1.51% | ₹0.74 Cr | +2.02% | +2.80% | — |
| Manappuram Finance Ltd. | Financial | 1.48% | ₹0.73 Cr | +1.13% | +3.17% | — |
| Indian Bank | Financial | 1.47% | ₹0.72 Cr | +2.14% | +2.89% | — |
| Radico Khaitan Ltd. | Consumer Staples | 1.47% | ₹0.72 Cr | +0.85% | +1.08% | — |
| Eicher Motors Ltd. | Automobile | 1.40% | ₹0.68 Cr | +1.73% | +2.19% | — |
| FSN E-Commerce Ventures Ltd. | Services | 1.26% | ₹0.62 Cr | +1.78% | +2.55% | — |
| TVS Motor Company Ltd. | Automobile | 1.19% | ₹0.58 Cr | +1.70% | +2.03% | — |
| Fortis Healthcare Ltd. | Healthcare | 1.06% | ₹0.52 Cr | +1.51% | +1.81% | +2.37% |
| Delhivery Ltd. | Services | 0.96% | ₹0.47 Cr | +2.07% | — | — |
| Union Bank of India | Financial | 0.90% | ₹0.44 Cr | +1.83% | — | — |
| Amber Enterprises India Ltd. | Consumer Discretionary | 0.86% | ₹0.42 Cr | +0.95% | +0.51% | +3.29% |
| State Bank of India | Financial | 0.85% | ₹0.42 Cr | +1.71% | — | — |
| Bank of India | Financial | 0.84% | ₹0.41 Cr | +1.90% | +1.71% | — |
| IIFL Finance Ltd. | Financial | 0.77% | ₹0.38 Cr | +1.41% | +1.22% | — |
| Canara Bank | Financial | 0.76% | ₹0.37 Cr | +2.24% | +2.21% | — |
| HDFC Asset Management Company Ltd. | Financial | 0.75% | ₹0.37 Cr | +1.10% | +0.98% | — |
| Solar Industries India Ltd. | Chemicals | 0.70% | ₹0.34 Cr | +1.88% | +0.99% | +2.27% |
| Max Financial Services Ltd. | Financial | 0.52% | ₹0.25 Cr | +2.22% | +2.46% | +2.58% |
| Others | Others | -1.35% | ₹-0.66 Cr | -0.60% | +0.24% | -3.30% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 0.07% | -2.78% | -2.85% |
| Ather Energy Ltd. | 5.54% | 7.17% | +1.63% |
| Multi Commodity Exchange Of India Ltd. | 3.21% | 3.88% | +0.67% |
| Adani Energy Solutions Ltd. | 2.76% | 2.28% | -0.48% |
| Apar Industries Ltd. | 1.83% | 2.16% | +0.33% |
| One97 Communications Ltd. | 1.52% | 1.84% | +0.32% |
| Adani Power Ltd. | 3.00% | 2.69% | -0.31% |
| Cummins India Ltd. | 2.39% | 2.11% | -0.28% |
| BSE Ltd. | 1.95% | 1.68% | -0.27% |
| Manappuram Finance Ltd. | 1.69% | 1.48% | -0.21% |
| Navin Fluorine International Ltd. | 2.04% | 2.24% | +0.20% |
| Steel Authority Of India Ltd. | 1.92% | 2.12% | +0.20% |
| Bharat Forge Ltd. | 2.13% | 1.95% | -0.18% |
| Muthoot Finance Ltd. | 1.83% | 1.67% | -0.16% |
| Vodafone Idea Ltd. | 2.76% | 2.91% | +0.15% |
| National Aluminium Company Ltd. | 3.38% | 3.52% | +0.14% |
| Glenmark Pharmaceuticals Ltd. | 1.83% | 1.95% | +0.12% |
| Acutaas Chemicals Ltd. | 3.71% | 3.61% | -0.10% |
| Delhivery Ltd. | 1.06% | 0.96% | -0.10% |
| The Federal Bank Ltd. | 1.66% | 1.56% | -0.10% |
| Bharat Heavy Electricals Ltd. | 2.10% | 2.19% | +0.09% |
| Fortis Healthcare Ltd. | 1.15% | 1.06% | -0.09% |
| RBL Bank Ltd. | 2.04% | 1.97% | -0.07% |
| Aditya Birla Capital Ltd. | 2.29% | 2.22% | -0.07% |
| Hindustan Copper Ltd. | 3.33% | 3.40% | +0.07% |
| Karur Vysya Bank Ltd. | 2.29% | 2.22% | -0.07% |
| Anand Rathi Wealth Ltd. | 2.51% | 2.56% | +0.05% |
| TVS Motor Company Ltd. | 1.24% | 1.19% | -0.05% |
| Eicher Motors Ltd. | 1.44% | 1.40% | -0.04% |
| GE Vernova T&D India Ltd | 2.83% | 2.79% | -0.04% |
| Laurus Labs Ltd. | 4.03% | 4.07% | +0.04% |
| Union Bank of India | 0.86% | 0.90% | +0.04% |
| Shriram Finance Ltd | 2.03% | 2.06% | +0.03% |
| HDFC Asset Management Company Ltd. | 0.78% | 0.75% | -0.03% |
| Indian Bank | 1.44% | 1.47% | +0.03% |
| Solar Industries India Ltd. | 0.67% | 0.70% | +0.03% |
| L&T Finance Ltd. | 2.46% | 2.43% | -0.03% |
| Bank of India | 0.86% | 0.84% | -0.02% |
| Canara Bank | 0.78% | 0.76% | -0.02% |
| IIFL Finance Ltd. | 0.75% | 0.77% | +0.02% |
| Vedanta Ltd. | 2.93% | 2.95% | +0.02% |
| Polycab India Ltd. | 1.89% | 1.87% | -0.02% |
| AU Small Finance Bank Ltd. | 1.52% | 1.51% | -0.01% |
| Amber Enterprises India Ltd. | 0.87% | 0.86% | -0.01% |
| Ashok Leyland Ltd. | 1.59% | 1.60% | +0.01% |
| Max Financial Services Ltd. | 0.51% | 0.52% | +0.01% |
| Radico Khaitan Ltd. | 1.48% | 1.47% | -0.01% |
| State Bank of India | 0.86% | 0.85% | -0.01% |
| FSN E-Commerce Ventures Ltd. | 1.26% | 1.26% | 0.00% |
| Hindalco Industries Ltd. | 2.34% | 2.34% | 0.00% |
| Hitachi Energy India Ltd. | 2.59% | 2.59% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹437 Cr | 1.26% | 2.9% | 9.7% | — |
 UTI Nifty 500 Value 50 Index Fund | ₹846 Cr | 1.21% | -0.2% | 9.7% | — |
 Bandhan Nifty Alpha 50 Index Fund | ₹629 Cr | 1.26% | 12.5% | — | — |
 Axis Nifty500 Value 50 Index Fund | ₹236 Cr | 1.29% | -0.2% | — | — |
| Bandhan Nifty 500 Value 50 Index Fund | ₹35.55 Cr | 1.30% | -0.5% | — | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to replicate the composition of the Nifty Alpha 50 Index and to generate returns that are commensurate with the performance of the Nifty Alpha 50 Index, subject to tracking errors.
Fund managers
- Abhishek BisenMr. Bisen is a BA and MBA in Finance.Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.
- Jeetu Valechha SonarMr. Sonar is a Post Graduate Diploma in Management in Finance managementPrior to joining Kotak AMC Limited, he has worked as institutional dealer with Kotak Securities Ltd. and is part of Kotak Group since 2014.
- Satish DondapatiMr. Dondapati has done MBA FinancePrior to joining Kotak Mutual fund he has worked with Centurian Bank Of Punjab, Bajaj Capital Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months16.00% absolute | ₹60,000 | ₹69,600 | 16.00% | |
| 1 year7.92% annualised | ₹1,20,000 | ₹1,25,275 | 4.40% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Kotak Nifty Alpha 50 Index Fund?
The NAV of Kotak Nifty Alpha 50 Index Fund is ₹10.62 as on 24 Sep 2026.
What is the expense ratio of Kotak Nifty Alpha 50 Index Fund?
The expense ratio of Kotak Nifty Alpha 50 Index Fund is 1.44% per year.
What is the minimum SIP amount for Kotak Nifty Alpha 50 Index Fund?
You can start a SIP in Kotak Nifty Alpha 50 Index Fund with ₹3,000 a month.
Is there a lock-in or exit load on Kotak Nifty Alpha 50 Index Fund?
Lock-in: None. Exit load: 0%.
How risky is Kotak Nifty Alpha 50 Index Fund?
Kotak Nifty Alpha 50 Index Fund is rated Very High on the SEBI riskometer and belongs to the Multi Cap Index category.
Which fund house manages Kotak Nifty Alpha 50 Index Fund?
Kotak Nifty Alpha 50 Index Fund is managed by Kotak Mahindra Mutual Fund, which runs 94 schemes with ₹6,09,561 Cr under management.