Kotak Nifty Midcap 150 Momentum 50 Index Fund
Mid Cap IndexVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹9.34+0.98%1 day
- Return since launch
- -4.3%
- 52-week range
- ₹8.15 — ₹9.76
- AUM
- ₹447 Cr
Kotak Nifty Midcap 150 Momentum 50 Index Fund is a Mid Cap Index equity fund from Kotak Mahindra Mutual Fund with ₹447 Cr under management, launched in 2024. The expense ratio is 1.31% 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 -0.3% against -0.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 1.5% | +0.7 pts | 0.8% | 1.7% |
| 2Y | 2.1% | −1.6 pts | 3.7% | 3.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 3.0% | −0.6 pts | 3.5% | 4.0% |
| 3M | -2.5% | +1.4 pts | -3.9% | -4.3% |
| 6M | -0.7% | −0.5 pts | -0.3% | -0.2% |
| 1Y | -0.3% | −1.1 pts | 0.8% | -0.6% |
| 2Y | -1.3% | −3.3 pts | 1.9% | 2.6% |
Since launch (19 Sep 2024): -4.3%
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
1.26%
Expense ratio as on 3 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.79%
- Brokerage
- 0.04%
- Transaction charges
- 0.01%
- Statutory levies
- 0.43%
- 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 30 Sep 2026
Asset allocation
- Equity100.1%
Market cap split
- Large20.6%
- Mid79.4%
- P/E
- 25.18
- P/B
- 4.07
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Laurus Labs Ltd. | Healthcare | 7.03% | ₹31.40 Cr | +5.17% | — | — |
| Multi Commodity Exchange Of India Ltd. | Services | 6.00% | ₹26.80 Cr | +4.95% | — | — |
| The Federal Bank Ltd. | Financial | 4.61% | ₹20.57 Cr | +4.60% | +4.57% | +1.96% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 4.47% | ₹19.94 Cr | +4.27% | — | — |
| GE Vernova T&D India Ltd | Capital Goods | 4.29% | ₹19.18 Cr | +4.85% | +3.13% | — |
| BSE Ltd. | Services | 4.11% | ₹18.35 Cr | +4.93% | +5.68% | +3.90% |
| Bharat Forge Ltd. | Automobile | 3.91% | ₹17.47 Cr | +4.18% | — | — |
| Hitachi Energy India Ltd. | Capital Goods | 3.54% | ₹15.80 Cr | +3.87% | +1.86% | +2.22% |
| National Aluminium Company Ltd. | Metals & Mining | 3.22% | ₹14.37 Cr | +3.08% | +1.98% | — |
| Polycab India Ltd. | Capital Goods | 3.04% | ₹13.55 Cr | +3.62% | +1.54% | — |
| AU Small Finance Bank Ltd. | Financial | 2.68% | ₹11.99 Cr | +2.65% | +4.35% | +2.17% |
| Vodafone Idea Ltd. | Communication | 2.48% | ₹11.06 Cr | +2.65% | +1.21% | — |
| Aurobindo Pharma Ltd. | Healthcare | 2.36% | ₹10.52 Cr | +2.14% | — | — |
| Marico Ltd. | Consumer Staples | 2.23% | ₹9.94 Cr | +2.27% | +1.32% | +2.21% |
| Lupin Ltd. | Healthcare | 2.21% | ₹9.87 Cr | +2.53% | +1.73% | +1.81% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | 2.15% | ₹9.61 Cr | +1.95% | +2.16% | — |
| Indusind Bank Ltd. | Financial | 2.14% | ₹9.56 Cr | +2.11% | — | — |
| Steel Authority Of India Ltd. | Metals & Mining | 2.06% | ₹9.20 Cr | +1.89% | — | — |
| Indus Towers Ltd. | Communication | 1.95% | ₹8.72 Cr | +1.97% | +1.96% | +1.95% |
| Apar Industries Ltd. | Consumer Staples | 1.90% | ₹8.50 Cr | +1.65% | — | — |
| One 97 Communications Ltd. | Services | 1.88% | ₹8.37 Cr | +1.22% | +2.98% | +3.28% |
| Kei Industries Ltd. | Capital Goods | 1.74% | ₹7.78 Cr | +2.04% | — | — |
| Fortis Healthcare Ltd. | Healthcare | 1.70% | ₹7.59 Cr | +2.03% | +2.95% | +3.31% |
| FSN E-Commerce Ventures Ltd. | Services | 1.66% | ₹7.40 Cr | +1.55% | +2.80% | +2.03% |
| Aditya Birla Capital Ltd. | Financial | 1.65% | ₹7.37 Cr | +1.63% | +2.68% | — |
| Ashok Leyland Ltd. | Automobile | 1.63% | ₹7.28 Cr | +1.60% | +3.26% | — |
| Radico Khaitan Ltd. | Consumer Staples | 1.61% | ₹7.21 Cr | +1.40% | — | — |
| Lloyds Metals & Energy Ltd. | Metals & Mining | 1.53% | ₹6.85 Cr | +1.42% | — | +1.67% |
| JSW Energy Ltd. | Capital Goods | 1.51% | ₹6.74 Cr | +1.71% | — | — |
| NMDC Ltd. | Metals & Mining | 1.34% | ₹5.97 Cr | +1.43% | — | — |
| APL Apollo Tubes Ltd. | Metals & Mining | 1.24% | ₹5.56 Cr | +0.98% | +0.98% | +1.94% |
| Oracle Financial Services Software Ltd. | Technology | 1.22% | ₹5.46 Cr | +1.19% | — | — |
| Biocon Ltd. | Healthcare | 1.20% | ₹5.37 Cr | +1.30% | +0.94% | +0.55% |
| Thermax Ltd. | Capital Goods | 1.15% | ₹5.13 Cr | +1.68% | — | — |
| Max Financial Services Ltd. | Financial | 1.11% | ₹4.97 Cr | +1.23% | +2.99% | +4.93% |
| Indian Bank | Financial | 1.08% | ₹4.81 Cr | +1.05% | +2.77% | +1.07% |
| L&T Finance Ltd. | Financial | 1.08% | ₹4.84 Cr | +1.22% | +3.15% | +1.12% |
| Nippon Life India Asset Management Ltd. | Financial | 1.08% | ₹4.83 Cr | +1.13% | +0.69% | — |
| Bank of Maharashtra | Financial | 1.05% | ₹4.69 Cr | +1.16% | — | — |
| Oil India Ltd. | Energy | 1.01% | ₹4.49 Cr | +0.90% | — | — |
| GMR Airports Ltd. | Construction | 0.99% | ₹4.43 Cr | +1.12% | +2.24% | — |
| AIA Engineering Ltd. | Metals & Mining | 0.76% | ₹3.41 Cr | +0.96% | +0.62% | — |
| Tata Communications Ltd. | Communication | 0.73% | ₹3.28 Cr | +0.84% | — | — |
| Ajanta Pharma Ltd. | Healthcare | 0.70% | ₹3.11 Cr | +0.63% | — | — |
| Adani Total Gas Ltd. | Energy | 0.69% | ₹3.06 Cr | +0.81% | — | — |
| NLC India Ltd. | Energy | 0.63% | ₹2.82 Cr | +0.75% | — | — |
| Jindal Stainless Ltd. | Metals & Mining | 0.53% | ₹2.35 Cr | +0.47% | +1.02% | — |
| Linde India Ltd. | Chemicals | 0.52% | ₹2.34 Cr | +0.58% | — | — |
| Bank of India | Financial | 0.45% | ₹2.03 Cr | +0.47% | +1.00% | — |
| 3M India Ltd. | Consumer Staples | 0.25% | ₹1.10 Cr | +0.24% | +0.40% | — |
| Others | Others | -0.10% | ₹-0.52 Cr | -3.14% | -3.60% | -1.34% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Laurus Labs Ltd. | 6.31% | 7.03% | +0.72% |
| Others | -0.11% | -0.48% | -0.37% |
| Kei Industries Ltd. | 2.08% | 1.74% | -0.34% |
| Polycab India Ltd. | 3.32% | 3.04% | -0.28% |
| Multi Commodity Exchange Of India Ltd. | 5.74% | 6.00% | +0.26% |
| The Federal Bank Ltd. | 4.81% | 4.61% | -0.20% |
| Lloyds Metals & Energy Ltd. | 1.36% | 1.53% | +0.17% |
| Fortis Healthcare Ltd. | 1.86% | 1.70% | -0.16% |
| L&T Finance Ltd. | 1.22% | 1.08% | -0.14% |
| Oracle Financial Services Software Ltd. | 1.34% | 1.22% | -0.12% |
| National Aluminium Company Ltd. | 3.34% | 3.22% | -0.12% |
| Aurobindo Pharma Ltd. | 2.25% | 2.36% | +0.11% |
| Indusind Bank Ltd. | 2.24% | 2.14% | -0.10% |
| Apar Industries Ltd. | 1.80% | 1.90% | +0.10% |
| One 97 Communications Ltd. | 1.78% | 1.88% | +0.10% |
| Ashok Leyland Ltd. | 1.72% | 1.63% | -0.09% |
| NMDC Ltd. | 1.43% | 1.34% | -0.09% |
| Hitachi Energy India Ltd. | 3.62% | 3.54% | -0.08% |
| Thermax Ltd. | 1.23% | 1.15% | -0.08% |
| GMR Airports Ltd. | 0.91% | 0.99% | +0.08% |
| GE Vernova T&D India Ltd | 4.22% | 4.29% | +0.07% |
| APL Apollo Tubes Ltd. | 1.17% | 1.24% | +0.07% |
| Radico Khaitan Ltd. | 1.54% | 1.61% | +0.07% |
| Jindal Stainless Ltd. | 0.46% | 0.53% | +0.07% |
| Marico Ltd. | 2.16% | 2.23% | +0.07% |
| Max Financial Services Ltd. | 1.18% | 1.11% | -0.07% |
| BSE Ltd. | 4.05% | 4.11% | +0.06% |
| Bharat Forge Ltd. | 3.97% | 3.91% | -0.06% |
| Indus Towers Ltd. | 1.89% | 1.95% | +0.06% |
| Vodafone Idea Ltd. | 2.54% | 2.48% | -0.06% |
| Ajanta Pharma Ltd. | 0.64% | 0.70% | +0.06% |
| Bharat Heavy Electricals Ltd. | 4.42% | 4.47% | +0.05% |
| Bank of Maharashtra | 1.01% | 1.05% | +0.04% |
| Biocon Ltd. | 1.24% | 1.20% | -0.04% |
| Indian Bank | 1.11% | 1.08% | -0.03% |
| JSW Energy Ltd. | 1.48% | 1.51% | +0.03% |
| Linde India Ltd. | 0.49% | 0.52% | +0.03% |
| NLC India Ltd. | 0.60% | 0.63% | +0.03% |
| Glenmark Pharmaceuticals Ltd. | 2.12% | 2.15% | +0.03% |
| AIA Engineering Ltd. | 0.78% | 0.76% | -0.02% |
| FSN E-Commerce Ventures Ltd. | 1.68% | 1.66% | -0.02% |
| Nippon Life India Asset Management Ltd. | 1.10% | 1.08% | -0.02% |
| Tata Communications Ltd. | 0.71% | 0.73% | +0.02% |
| Adani Total Gas Ltd. | 0.67% | 0.69% | +0.02% |
| 3M India Ltd. | 0.24% | 0.25% | +0.01% |
| Bank of India | 0.46% | 0.45% | -0.01% |
| AU Small Finance Bank Ltd. | 2.68% | 2.68% | 0.00% |
| Aditya Birla Capital Ltd. | 1.65% | 1.65% | 0.00% |
| Lupin Ltd. | 2.21% | 2.21% | 0.00% |
| Oil India Ltd. | 1.01% | 1.01% | 0.00% |
| Steel Authority Of India Ltd. | 2.06% | 2.06% | 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 | ₹1,822 Cr | 1.03% | 2.4% | 6.3% | 13.3% |
 Motilal Oswal Nifty Midcap 150 Index Fund | ₹3,995 Cr | 1.12% | 1.9% | 5.9% | 13.3% |
 Nippon India Nifty Midcap 150 Index Fund | ₹2,675 Cr | 0.93% | 2.1% | 6.1% | 13.4% |
 SBI Nifty Midcap 150 Index Fund | ₹1,240 Cr | 0.91% | 2.2% | 6.1% | — |
 Axis Nifty Midcap 50 Index Fund | ₹732 Cr | 1.15% | 3.7% | 7.4% | — |
 Aditya Birla Sun Life Nifty Midcap 150 Index Fund | ₹469 Cr | 1.03% | 1.9% | 5.9% | 13.3% |
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 months−0.73% absolute | ₹60,000 | ₹59,562 | −0.73% | |
| 1 year−0.33% annualised | ₹1,20,000 | ₹1,19,786 | −0.18% |
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 ₹9.34 as on 9 Nov 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 1.31% 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 97 schemes with ₹6,34,000 Cr under management.