Kotak Nifty Midcap 150 Momentum 50 Index Fund
Mid Cap IndexVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹9.32-0.32%1 day
- Return since launch
- -4.2%
- 52-week range
- ₹8.15 — ₹9.76
- AUM
- ₹474 Cr
Kotak Nifty Midcap 150 Momentum 50 Index Fund is a Mid Cap Index equity fund from Kotak Mahindra Mutual Fund with ₹474 Cr under management, launched in 2024. The expense ratio is 1.49% and the SEBI riskometer reading is Very High.
Performance
Kotak Nifty Midcap 150 Momentum 50 Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +5.5% against +4.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 2.0% | −3.7 pts | 5.8% | 1.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -3.7% | +0.7 pts | -4.4% | -4.6% |
| 3M | -1.2% | −0.3 pts | -0.9% | -1.0% |
| 6M | 10.9% | −1.5 pts | 12.3% | 12.5% |
| 1Y | 5.5% | −0.3 pts | 5.8% | 4.4% |
Since launch (19 Sep 2024): -4.2%
Calendar-year returns
Category average-4.7%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -4.7% | −8.0 pts | 3.3% |
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
- 0.79%
- Brokerage
- 0.05%
- Transaction charges
- 0.01%
- Statutory levies
- 0.53%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Midcap 150 Moment 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 Midcap 150 Momentum 50 Index Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity99.9%
- Other0.1%
Market cap split
- Large21.0%
- Mid79.0%
- P/E
- 23.13
- P/B
- 4.35
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Laurus Labs Ltd. | Healthcare | 6.31% | ₹29.93 Cr | — | — | — |
| Multi Commodity Exchange Of India Ltd. | Services | 5.74% | ₹27.20 Cr | — | — | — |
| The Federal Bank Ltd. | Financial | 4.81% | ₹22.78 Cr | +4.38% | +4.67% | +1.92% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 4.42% | ₹20.93 Cr | — | — | — |
| GE Vernova T&D India Ltd | Capital Goods | 4.22% | ₹19.99 Cr | +3.80% | +2.92% | — |
| BSE Ltd. | Services | 4.05% | ₹19.19 Cr | +7.55% | +5.06% | +3.96% |
| Bharat Forge Ltd. | Automobile | 3.97% | ₹18.81 Cr | — | — | — |
| Hitachi Energy India Ltd. | Capital Goods | 3.62% | ₹17.16 Cr | +2.53% | +1.73% | +2.32% |
| National Aluminium Company Ltd. | Metals & Mining | 3.34% | ₹15.84 Cr | +1.87% | +1.60% | — |
| Polycab India Ltd. | Capital Goods | 3.32% | ₹15.72 Cr | +1.83% | +1.71% | — |
| AU Small Finance Bank Ltd. | Financial | 2.68% | ₹12.70 Cr | +4.37% | +4.37% | +2.10% |
| Vodafone Idea Ltd. | Communication | 2.54% | ₹12.05 Cr | +1.71% | +1.33% | — |
| Aurobindo Pharma Ltd. | Healthcare | 2.25% | ₹10.65 Cr | — | — | — |
| Indusind Bank Ltd. | Financial | 2.24% | ₹10.63 Cr | — | — | — |
| Lupin Ltd. | Healthcare | 2.21% | ₹10.48 Cr | +1.46% | +1.52% | +1.77% |
| Marico Ltd. | Consumer Staples | 2.16% | ₹10.22 Cr | +1.27% | +1.25% | +2.27% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | 2.12% | ₹10.06 Cr | +1.98% | +1.91% | — |
| Kei Industries Ltd. | Capital Goods | 2.08% | ₹9.88 Cr | — | — | — |
| Steel Authority Of India Ltd. | Metals & Mining | 2.06% | ₹9.74 Cr | — | — | — |
| Indus Towers Ltd. | Communication | 1.89% | ₹8.95 Cr | +1.78% | +1.89% | +1.90% |
| Fortis Healthcare Ltd. | Healthcare | 1.86% | ₹8.80 Cr | +2.96% | +3.09% | +3.07% |
| Apar Industries Ltd. | Consumer Staples | 1.80% | ₹8.53 Cr | — | — | — |
| One97 Communications Ltd. | Services | 1.78% | ₹8.44 Cr | +2.99% | +3.02% | +3.48% |
| Ashok Leyland Ltd. | Automobile | 1.72% | ₹8.17 Cr | +2.83% | +3.95% | — |
| FSN E-Commerce Ventures Ltd. | Services | 1.68% | ₹7.97 Cr | +2.69% | +2.80% | +1.99% |
| Aditya Birla Capital Ltd. | Financial | 1.65% | ₹7.81 Cr | +2.86% | +2.79% | — |
| Radico Khaitan Ltd. | Consumer Staples | 1.54% | ₹7.29 Cr | — | — | — |
| JSW Energy Ltd. | Capital Goods | 1.48% | ₹6.99 Cr | — | — | — |
| NMDC Ltd. | Metals & Mining | 1.43% | ₹6.78 Cr | — | — | — |
| Lloyds Metals & Energy Ltd. | Metals & Mining | 1.36% | ₹6.43 Cr | — | — | +1.74% |
| Oracle Financial Services Software Ltd. | Technology | 1.34% | ₹6.34 Cr | — | — | — |
| Biocon Ltd. | Healthcare | 1.24% | ₹5.88 Cr | +0.96% | +0.90% | +0.55% |
| Thermax Ltd. | Capital Goods | 1.23% | ₹5.81 Cr | — | — | — |
| L&T Finance Ltd. | Financial | 1.22% | ₹5.78 Cr | +3.23% | +3.29% | +0.97% |
| Max Financial Services Ltd. | Financial | 1.18% | ₹5.61 Cr | +2.89% | +3.22% | +4.94% |
| APL Apollo Tubes Ltd. | Metals & Mining | 1.17% | ₹5.56 Cr | +0.80% | +1.00% | +1.82% |
| Indian Bank | Financial | 1.11% | ₹5.28 Cr | +2.35% | +2.87% | +0.92% |
| Nippon Life India Asset Management Ltd. | Financial | 1.10% | ₹5.22 Cr | +0.81% | +0.71% | — |
| Bank of Maharashtra | Financial | 1.01% | ₹4.78 Cr | — | — | — |
| Oil India Ltd. | Energy | 1.01% | ₹4.76 Cr | — | — | — |
| GMR Airports Ltd. | Construction | 0.91% | ₹4.29 Cr | +2.28% | +2.35% | — |
| AIA Engineering Ltd. | Metals & Mining | 0.78% | ₹3.69 Cr | +0.66% | +0.58% | — |
| Tata Communications Ltd. | Communication | 0.71% | ₹3.36 Cr | — | — | — |
| Adani Total Gas Ltd. | Energy | 0.67% | ₹3.15 Cr | — | — | — |
| Ajanta Pharma Ltd. | Healthcare | 0.64% | ₹3.05 Cr | — | — | — |
| NLC India Ltd. | Energy | 0.60% | ₹2.84 Cr | — | — | — |
| Linde India Ltd. | Chemicals | 0.49% | ₹2.33 Cr | — | — | — |
| Bank of India | Financial | 0.46% | ₹2.17 Cr | +0.88% | +1.14% | — |
| Jindal Stainless Ltd. | Metals & Mining | 0.46% | ₹2.17 Cr | +0.85% | +0.99% | — |
| 3M India Ltd. | Consumer Staples | 0.24% | ₹1.13 Cr | +0.38% | +0.44% | — |
| Others | Others | 0.10% | ₹0.58 Cr | -0.44% | -0.40% | -0.92% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Multi Commodity Exchange Of India Ltd. | 4.72% | 5.74% | +1.02% |
| BSE Ltd. | 4.67% | 4.05% | -0.62% |
| Bharat Forge Ltd. | 4.31% | 3.97% | -0.34% |
| One97 Communications Ltd. | 1.45% | 1.78% | +0.33% |
| Lupin Ltd. | 2.53% | 2.21% | -0.32% |
| Apar Industries Ltd. | 1.51% | 1.80% | +0.29% |
| Lloyds Metals & Energy Ltd. | 1.61% | 1.36% | -0.25% |
| Others | -0.36% | -0.11% | +0.25% |
| Marico Ltd. | 2.38% | 2.16% | -0.22% |
| Bharat Heavy Electricals Ltd. | 4.21% | 4.42% | +0.21% |
| Steel Authority Of India Ltd. | 1.85% | 2.06% | +0.21% |
| The Federal Bank Ltd. | 5.02% | 4.81% | -0.21% |
| Kei Industries Ltd. | 1.88% | 2.08% | +0.20% |
| APL Apollo Tubes Ltd. | 1.00% | 1.17% | +0.17% |
| Thermax Ltd. | 1.40% | 1.23% | -0.17% |
| National Aluminium Company Ltd. | 3.18% | 3.34% | +0.16% |
| GMR Airports Ltd. | 1.06% | 0.91% | -0.15% |
| JSW Energy Ltd. | 1.63% | 1.48% | -0.15% |
| Fortis Healthcare Ltd. | 2.01% | 1.86% | -0.15% |
| Glenmark Pharmaceuticals Ltd. | 1.98% | 2.12% | +0.14% |
| Vodafone Idea Ltd. | 2.40% | 2.54% | +0.14% |
| Aurobindo Pharma Ltd. | 2.15% | 2.25% | +0.10% |
| Oracle Financial Services Software Ltd. | 1.24% | 1.34% | +0.10% |
| Biocon Ltd. | 1.33% | 1.24% | -0.09% |
| AIA Engineering Ltd. | 0.87% | 0.78% | -0.09% |
| NLC India Ltd. | 0.69% | 0.60% | -0.09% |
| Laurus Labs Ltd. | 6.22% | 6.31% | +0.09% |
| Indus Towers Ltd. | 1.97% | 1.89% | -0.08% |
| Indusind Bank Ltd. | 2.32% | 2.24% | -0.08% |
| Linde India Ltd. | 0.54% | 0.49% | -0.05% |
| Adani Total Gas Ltd. | 0.72% | 0.67% | -0.05% |
| Aditya Birla Capital Ltd. | 1.69% | 1.65% | -0.04% |
| GE Vernova T&D India Ltd | 4.26% | 4.22% | -0.04% |
| Hitachi Energy India Ltd. | 3.58% | 3.62% | +0.04% |
| Tata Communications Ltd. | 0.75% | 0.71% | -0.04% |
| Jindal Stainless Ltd. | 0.50% | 0.46% | -0.04% |
| Ashok Leyland Ltd. | 1.69% | 1.72% | +0.03% |
| Indian Bank | 1.08% | 1.11% | +0.03% |
| Nippon Life India Asset Management Ltd. | 1.13% | 1.10% | -0.03% |
| 3M India Ltd. | 0.26% | 0.24% | -0.02% |
| FSN E-Commerce Ventures Ltd. | 1.66% | 1.68% | +0.02% |
| Oil India Ltd. | 0.99% | 1.01% | +0.02% |
| L&T Finance Ltd. | 1.23% | 1.22% | -0.01% |
| Max Financial Services Ltd. | 1.17% | 1.18% | +0.01% |
| Radico Khaitan Ltd. | 1.55% | 1.54% | -0.01% |
| AU Small Finance Bank Ltd. | 2.68% | 2.68% | 0.00% |
| Ajanta Pharma Ltd. | 0.64% | 0.64% | 0.00% |
| Bank of India | 0.46% | 0.46% | 0.00% |
| Bank of Maharashtra | 1.01% | 1.01% | 0.00% |
| NMDC Ltd. | 1.43% | 1.43% | 0.00% |
| Polycab India Ltd. | 3.32% | 3.32% | 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 | ₹1,912 Cr | 0.99% | 3.7% | 7.6% | 14.5% |
 Motilal Oswal Nifty Midcap 150 Index Fund | ₹4,151 Cr | 1.09% | 3.3% | 7.3% | 14.5% |
 Nippon India Nifty Midcap 150 Index Fund | ₹2,845 Cr | 0.89% | 3.5% | 7.4% | 14.6% |
 SBI Nifty Midcap 150 Index Fund | ₹1,292 Cr | 0.89% | 3.6% | 7.5% | — |
 Axis Nifty Midcap 50 Index Fund | ₹772 Cr | 1.10% | 4.6% | 8.4% | — |
 Aditya Birla Sun Life Nifty Midcap 150 Index Fund | ₹503 Cr | 1.00% | 3.3% | 7.3% | 14.5% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying 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 months10.89% absolute | ₹60,000 | ₹66,534 | 10.89% | |
| 1 year5.51% annualised | ₹1,20,000 | ₹1,23,642 | 3.04% |
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 Midcap 150 Momentum 50 Index Fund?
The NAV of Kotak Nifty Midcap 150 Momentum 50 Index Fund is ₹9.32 as on 25 Sep 2026.
What is the expense ratio of Kotak Nifty Midcap 150 Momentum 50 Index Fund?
The expense ratio of Kotak Nifty Midcap 150 Momentum 50 Index Fund is 1.49% per year.
What is the minimum SIP amount for Kotak Nifty Midcap 150 Momentum 50 Index Fund?
You can start a SIP in Kotak Nifty Midcap 150 Momentum 50 Index Fund with ₹3,000 a month.
Is there a lock-in or exit load on Kotak Nifty Midcap 150 Momentum 50 Index Fund?
Lock-in: None. Exit load: 0%.
How risky is Kotak Nifty Midcap 150 Momentum 50 Index Fund?
Kotak Nifty Midcap 150 Momentum 50 Index Fund is rated Very High on the SEBI riskometer and belongs to the Mid Cap Index category.
Which fund house manages Kotak Nifty Midcap 150 Momentum 50 Index Fund?
Kotak Nifty Midcap 150 Momentum 50 Index Fund is managed by Kotak Mahindra Mutual Fund, which runs 94 schemes with ₹6,09,561 Cr under management.