Kotak Nifty Alpha 50 Index Fund
Multi Cap IndexVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹10.11+0.56%1 day
- Return since launch
- 0.4%
- 52-week range
- ₹8.62 — ₹11.13
- AUM
- ₹55.37 Cr
Kotak Nifty Alpha 50 Index Fund is a Multi Cap Index equity fund from Kotak Mahindra Mutual Fund with ₹55.37 Cr under management, launched in 2025. The expense ratio is 1.68% 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 +1.0% against -2.2% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 0.9% | +0.9 pts | -0.0% | 2.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -4.8% | −9.1 pts | 4.3% | 4.6% |
| 3M | -6.8% | −4.1 pts | -2.7% | -2.3% |
| 6M | 0.1% | −0.7 pts | 0.8% | 2.4% |
| 1Y | 1.1% | +1.1 pts | -0.0% | -1.8% |
Since launch (28 Jul 2025): 0.4%
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
1.59%
Expense ratio as on 3 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.80%
- Brokerage
- 0.07%
- Transaction charges
- 0.02%
- Statutory levies
- 0.71%
- 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 30 Sep 2026
Asset allocation
- Equity100.5%
Market cap split
- Large24.8%
- Mid29.2%
- Small46.0%
- P/E
- 25.41
- P/B
- 4.70
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Cupid Ltd. | Consumer Staples | 8.51% | ₹4.71 Cr | — | — | — |
| Sterlite Technologies Ltd. | Communication | 5.25% | ₹2.91 Cr | — | — | — |
| MTAR Technologies Ltd. | Capital Goods | 4.82% | ₹2.67 Cr | — | — | — |
| TD Power Systems Ltd. | Capital Goods | 4.17% | ₹2.31 Cr | — | — | — |
| Ather Energy Ltd. | Automobile | 3.84% | ₹2.13 Cr | +5.15% | — | — |
| HFCL Ltd. | Communication | 3.60% | ₹1.99 Cr | — | — | — |
| Welspun Corp Ltd. | Metals & Mining | 3.55% | ₹1.97 Cr | — | — | — |
| Kirloskar Oil Engines Ltd. | Capital Goods | 3.27% | ₹1.81 Cr | — | — | — |
| Multi Commodity Exchange Of India Ltd. | Services | 2.56% | ₹1.42 Cr | +3.47% | +3.39% | +2.88% |
| Apar Industries Ltd. | Consumer Staples | 2.55% | ₹1.41 Cr | +2.06% | +2.38% | — |
| Hindustan Copper Ltd. | Metals & Mining | 2.54% | ₹1.41 Cr | +3.48% | +3.94% | — |
| Acutaas Chemicals Ltd. | Healthcare | 2.48% | ₹1.37 Cr | +4.33% | — | — |
| Laurus Labs Ltd. | Healthcare | 2.43% | ₹1.35 Cr | +3.46% | +2.87% | +4.17% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 2.35% | ₹1.30 Cr | +2.20% | — | — |
| Vodafone Idea Ltd. | Communication | 2.27% | ₹1.26 Cr | +3.15% | — | — |
| Shriram Finance Ltd | Financial | 2.14% | ₹1.19 Cr | +2.08% | +1.81% | — |
| National Aluminium Company Ltd. | Metals & Mining | 2.06% | ₹1.14 Cr | +3.36% | +2.73% | — |
| Adani Energy Solutions Ltd. | Energy | 1.97% | ₹1.09 Cr | +2.57% | — | — |
| Bharat Forge Ltd. | Automobile | 1.96% | ₹1.08 Cr | +2.13% | +2.21% | — |
| The Federal Bank Ltd. | Financial | 1.89% | ₹1.04 Cr | +1.56% | +2.09% | — |
| Navin Fluorine International Ltd. | Chemicals | 1.81% | ₹1.00 Cr | +2.13% | +2.03% | — |
| Vedanta Ltd. | Metals & Mining | 1.72% | ₹0.95 Cr | +3.19% | +2.14% | — |
| Hitachi Energy India Ltd. | Capital Goods | 1.71% | ₹0.95 Cr | +2.88% | +3.34% | +3.16% |
| Adani Power Ltd. | Energy | 1.57% | ₹0.87 Cr | +3.27% | +1.10% | — |
| Karur Vysya Bank Ltd. | Financial | 1.56% | ₹0.86 Cr | +2.03% | +2.83% | — |
| Steel Authority Of India Ltd. | Metals & Mining | 1.51% | ₹0.84 Cr | +2.02% | — | — |
| GE Vernova T&D India Ltd | Capital Goods | 1.44% | ₹0.80 Cr | +3.33% | +4.66% | +3.49% |
| BSE Ltd. | Services | 1.43% | ₹0.79 Cr | +2.12% | +1.76% | +5.95% |
| IIFL Finance Ltd. | Financial | 1.35% | ₹0.75 Cr | +0.65% | +1.54% | — |
| AU Small Finance Bank Ltd. | Financial | 1.32% | ₹0.73 Cr | +1.54% | +2.05% | — |
| Radico Khaitan Ltd. | Consumer Staples | 1.31% | ₹0.73 Cr | +1.38% | +0.75% | — |
| Union Bank of India | Financial | 1.31% | ₹0.73 Cr | +0.89% | +2.11% | — |
| Aditya Birla Capital Ltd. | Financial | 1.30% | ₹0.72 Cr | +2.28% | +3.03% | +2.12% |
| FSN E-Commerce Ventures Ltd. | Services | 1.26% | ₹0.70 Cr | +1.21% | +1.89% | — |
| L&T Finance Ltd. | Financial | 1.25% | ₹0.69 Cr | +2.52% | +2.72% | +2.23% |
| One 97 Communications Ltd. | Services | 1.22% | ₹0.68 Cr | +1.32% | +1.26% | +4.87% |
| RBL Bank Ltd. | Financial | 1.18% | ₹0.65 Cr | +2.05% | +2.78% | +1.31% |
| Solar Industries India Ltd. | Chemicals | 1.16% | ₹0.64 Cr | +0.69% | +1.47% | +1.79% |
| Ashok Leyland Ltd. | Automobile | 1.14% | ₹0.63 Cr | +1.55% | +2.52% | — |
| Hindalco Industries Ltd. | Metals & Mining | 1.08% | ₹0.60 Cr | +2.36% | — | — |
| Indian Bank | Financial | 1.05% | ₹0.58 Cr | +1.44% | +2.57% | — |
| TVS Motor Company Ltd. | Automobile | 0.93% | ₹0.51 Cr | +1.02% | +2.01% | +1.43% |
| Cummins India Ltd. | Capital Goods | 0.88% | ₹0.49 Cr | +2.51% | +2.22% | — |
| Polycab India Ltd. | Capital Goods | 0.88% | ₹0.49 Cr | +2.12% | +2.24% | — |
| State Bank of India | Financial | 0.88% | ₹0.49 Cr | +0.88% | +2.06% | — |
| Eicher Motors Ltd. | Automobile | 0.87% | ₹0.48 Cr | +1.33% | +1.89% | +1.71% |
| Bank of India | Financial | 0.85% | ₹0.47 Cr | +0.90% | +2.20% | — |
| Manappuram Finance Ltd. | Financial | 0.85% | ₹0.47 Cr | +1.51% | +1.03% | +1.53% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | 0.78% | ₹0.43 Cr | +1.86% | +2.14% | +0.74% |
| Canara Bank | Financial | 0.69% | ₹0.38 Cr | +0.80% | +2.50% | — |
| Others | Others | -0.50% | ₹-0.28 Cr | -6.34% | +0.52% | -4.30% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | -2.78% | -16.39% | -13.61% |
| Cupid Ltd. | 0.00% | 8.51% | +8.51% |
| Sterlite Technologies Ltd. | 0.00% | 5.25% | +5.25% |
| MTAR Technologies Ltd. | 0.00% | 4.82% | +4.82% |
| TD Power Systems Ltd. | 0.00% | 4.17% | +4.17% |
| HFCL Ltd. | 0.00% | 3.60% | +3.60% |
| Welspun Corp Ltd. | 0.00% | 3.55% | +3.55% |
| Ather Energy Ltd. | 7.17% | 3.84% | -3.33% |
| Kirloskar Oil Engines Ltd. | 0.00% | 3.27% | +3.27% |
| Anand Rathi Wealth Ltd. | 2.56% | 0.00% | -2.56% |
| Muthoot Finance Ltd. | 1.67% | 0.00% | -1.67% |
| Laurus Labs Ltd. | 4.07% | 2.43% | -1.64% |
| National Aluminium Company Ltd. | 3.52% | 2.06% | -1.46% |
| GE Vernova T&D India Ltd | 2.79% | 1.44% | -1.35% |
| Multi Commodity Exchange Of India Ltd. | 3.88% | 2.56% | -1.32% |
| Hindalco Industries Ltd. | 2.34% | 1.08% | -1.26% |
| Vedanta Ltd. | 2.95% | 1.72% | -1.23% |
| Cummins India Ltd. | 2.11% | 0.88% | -1.23% |
| L&T Finance Ltd. | 2.43% | 1.25% | -1.18% |
| Glenmark Pharmaceuticals Ltd. | 1.95% | 0.78% | -1.17% |
| Acutaas Chemicals Ltd. | 3.61% | 2.48% | -1.13% |
| Adani Power Ltd. | 2.69% | 1.57% | -1.12% |
| Fortis Healthcare Ltd. | 1.06% | 0.00% | -1.06% |
| Polycab India Ltd. | 1.87% | 0.88% | -0.99% |
| Delhivery Ltd. | 0.96% | 0.00% | -0.96% |
| Aditya Birla Capital Ltd. | 2.22% | 1.30% | -0.92% |
| Hitachi Energy India Ltd. | 2.59% | 1.71% | -0.88% |
| Amber Enterprises India Ltd. | 0.86% | 0.00% | -0.86% |
| Hindustan Copper Ltd. | 3.40% | 2.54% | -0.86% |
| RBL Bank Ltd. | 1.97% | 1.18% | -0.79% |
| HDFC Asset Management Company Ltd. | 0.75% | 0.00% | -0.75% |
| Karur Vysya Bank Ltd. | 2.22% | 1.56% | -0.66% |
| Vodafone Idea Ltd. | 2.91% | 2.27% | -0.64% |
| Manappuram Finance Ltd. | 1.48% | 0.85% | -0.63% |
| One 97 Communications Ltd. | 1.84% | 1.22% | -0.62% |
| Steel Authority Of India Ltd. | 2.12% | 1.51% | -0.61% |
| IIFL Finance Ltd. | 0.77% | 1.35% | +0.58% |
| Eicher Motors Ltd. | 1.40% | 0.87% | -0.53% |
| Max Financial Services Ltd. | 0.52% | 0.00% | -0.52% |
| Ashok Leyland Ltd. | 1.60% | 1.14% | -0.46% |
| Solar Industries India Ltd. | 0.70% | 1.16% | +0.46% |
| Navin Fluorine International Ltd. | 2.24% | 1.81% | -0.43% |
| Indian Bank | 1.47% | 1.05% | -0.42% |
| Union Bank of India | 0.90% | 1.31% | +0.41% |
| Apar Industries Ltd. | 2.16% | 2.55% | +0.39% |
| The Federal Bank Ltd. | 1.56% | 1.89% | +0.33% |
| Adani Energy Solutions Ltd. | 2.28% | 1.97% | -0.31% |
| TVS Motor Company Ltd. | 1.19% | 0.93% | -0.26% |
| BSE Ltd. | 1.68% | 1.43% | -0.25% |
| AU Small Finance Bank Ltd. | 1.51% | 1.32% | -0.19% |
| Bharat Heavy Electricals Ltd. | 2.19% | 2.35% | +0.16% |
| Radico Khaitan Ltd. | 1.47% | 1.31% | -0.16% |
| Shriram Finance Ltd | 2.06% | 2.14% | +0.08% |
| Canara Bank | 0.76% | 0.69% | -0.07% |
| State Bank of India | 0.85% | 0.88% | +0.03% |
| Bank of India | 0.84% | 0.85% | +0.01% |
| Bharat Forge Ltd. | 1.95% | 1.96% | +0.01% |
| FSN E-Commerce Ventures Ltd. | 1.26% | 1.26% | 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 | ₹255 Cr | 1.26% | 0.6% | 7.6% | — |
 UTI Nifty 500 Value 50 Index Fund | ₹838 Cr | 1.17% | -1.5% | 7.6% | — |
 Axis Nifty500 Value 50 Index Fund | ₹230 Cr | 1.21% | -1.4% | — | — |
 Aditya Birla Sun Life BSE 500 Momentum 50 Index Fund | ₹108 Cr | 1.48% | 6.3% | — | — |
| Aditya Birla Sun Life BSE 500 Quality 50 Index Fund | ₹61.31 Cr | 1.14% | 1.2% | — | — |
 Bandhan Nifty 500 Value 50 Index Fund | ₹38.85 Cr | 1.31% | -1.8% | — | — |
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 months0.10% absolute | ₹60,000 | ₹60,060 | 0.10% | |
| 1 year1.06% annualised | ₹1,20,000 | ₹1,20,691 | 0.58% |
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 ₹10.11 as on 9 Nov 2026.
What is the expense ratio of Kotak Nifty Alpha 50 Index Fund?
The expense ratio of Kotak Nifty Alpha 50 Index Fund is 1.68% 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 97 schemes with ₹6,34,000 Cr under management.