Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth
NAV as on 25-04-2025
₹ 8.63
1D
Inception Returns
/yr
Historical NAV & Returns
Absolute
▲
▼
4758 people have invested ₹ 2.8Cr in Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth in the last three months
About Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth
Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth is an equity fund. This fund was started on 8 October, 2024. The fund is managed by Abhishek Bisen, Satish Dondapati, Devender Singhal. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth has ₹96 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth has given a CAGR return of -13.73% since inception.
Holdings
Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Financial Services, Health, Consumer Cyclical, Industrial, Basic Materials, Energy, Real Estate, Communication, Utilities. Its top holdings are BSE Ltd, Indian Hotels Co Ltd, Max Healthcare Institute Ltd Ordinary Shares, Persistent Systems Ltd, Coforge Ltd
Taxation
As it is a index funds mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth
The investment objective of the scheme is to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index, subject to tracking errors.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth has no lock in period.
Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth Overview
| Expense ratio | 0.28% |
Benchmark | Nifty Midcap 150 Momentum 50 TR INR |
| AUM | ₹96 Cr |
| Inception Date | 8 October, 2024 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Fund Distribution
as on (31-Mar-25)
Mid cap
90.7%
Large cap
9.3%
Sector Allocation
Tech
20.1%
Financial Services
18.5%
Health
18.3%
Consumer Cyclical
14.6%
Industrial
11.6%
Basic Materials
5.1%
Energy
4.5%
Real Estate
4%
Communication
2.2%
Utilities
1.1%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 9.27% whereas the fund’s underlying benchmark Nifty 50 returns stands at 6.33% as on Mar'25
- This fund outperformed Nifty 50 by 2.94% in Mar'25
- AUM of the fund stands at 95.8 Cr as of Mar'25
- AUM increased by 20.6 Cr between Mar'25 and Feb'25
Top Stocks bought last month
BSE Ltd's allocation increased from 5.34% to 5.75%
Solar Industries India Ltd's allocation increased from 1.28% to 1.5%
Lloyds Metals & Energy Ltd's allocation increased from 1.36% to 1.56%
Top Stocks sold last month
Persistent Systems Ltd's allocation decreased from 5.2 % to 4.92 %
PB Fintech Ltd's allocation decreased from 4.5 % to 4.46 %
Lupin Ltd's allocation decreased from 4.44 % to 4.31 %
Mid Cap allocation has gone down from 91% to 90.7%
Large Cap allocation has gone down from 9.4% to 9.3%
Cash allocation has gone up from -0.4% to 0%
Top 3 Sectors in March were Tech, Financial Services & Health
Mar'25
Tech
20%
Financial Services
18%
Health
18%
Feb'25
Tech
21%
Financial Services
18%
Health
18%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 BSE Ltd | 5.75% | 16.1% | |
 Indian Hotels Co Ltd | 5.18% | 16.1% | |
 Max Healthcare Institute Ltd Ordinary Shares | 5.1% | 16.1% | |
 Persistent Systems Ltd | 4.92% | 16.1% | |
 Coforge Ltd | 4.88% | 16.1% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth | - | - | - | -13.73% |
 Motilal Oswal Nifty Bank Index Fund Direct Growth | 16.16% | 16.09% | 22.44% | 13.49% |
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth | 10.22% | 21.78% | 32.82% | 25.84% |
 UTI Nifty 50 Index Fund-Growth Option- Direct | 9.84% | 13.38% | 22.28% | 13.07% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 BSE Ltd | 40.9% |
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Abhishek Bisen
Fund Manager of Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth, since 8 October 2024
Top funds managed
Satish Dondapati
Fund Manager of Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth, since 8 October 2024
Top funds managed
Devender Singhal
Fund Manager of Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth, since 8 October 2024
Top funds managed
Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.57L Cr
as on 31-Mar-2025
Address
Kotak Mahindra Asset management Company Limited,2nd Floor, 12-BKC, Plot No C-12,G Block, BKC, Bandra (East),Mumbai - 400 051
Phone
91-22-40930000
Website
fundaccops@kotakmutual.com
Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
Fund Allocations
This fund has an allocation of 99.96% in Equity, 0% in Debt and 0.04% in Cash related instruments
AUM size ₹96 Cr
This fund has AUM of ₹96 Cr which is less than its category average of ₹ 750 Cr
Expense Ratio 0.28%
This fund has an expense ratio of 0.28% which is less than its category average expense ratio of 0.54%
More funds from Kotak
3Y CAGR
▲ 24.25
5Y CAGR
▲ 28.73
5Y CAGR
▲ 31.99
3Y CAGR
▲ 20.02
Frequently Asked Questions for Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth
The current NAV of Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth is ₹8.63 as on 25-Apr-2025.
Existing (Absolute + CAGR) as on 25-Apr-2025.
Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.57% | 2.57% |
6 Month Returns | -7.91% | -7.91% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.28% as on March 2025
₹96 Cr as on March 2025
BSE Ltd(5.75%), Indian Hotels Co Ltd(5.18%), Max Healthcare Institute Ltd Ordinary Shares(5.1%), Persistent Systems Ltd(4.92%), Coforge Ltd(4.88%) as on March 2025
Tech(20.06%), Financial Services(18.46%), Health(18.25%) as on March 2025
The alpha ratio for the Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth | - | - | - |
As on March 2025
The alpha for Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth is calculated against Nifty Midcap 150 Momentum 50 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth | - | - | - |
As on March 2025
The Beta for Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth is calculated with Nifty Midcap 150 Momentum 50 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth | - | - | - |
As on March 2025
The sharpe ratio for Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth is calculated with Nifty Midcap 150 Momentum 50 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth | - | - | - |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Abhishek Bisen, Satish Dondapati, Devender Singhal are the fund managers of Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth
The Exit load of Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth is 0%