FundLens
Index — Large Cap · head-to-head

Kotak Nifty Next 50 Index vs Axis Nifty Next 50 Index

Data updated · direct-growth plans · not investment advice

Kotak Nifty Next 50 Index currently edges it with a Smart Score of 84/100 vs 79/100. Kotak Nifty Next 50 Index has the weaker risk-adjusted profile (Sortino 0.88 vs 0.89), 3-year returns of 18.6% vs 18.6%, and an expense ratio of 0.23% vs 0.20%. Scores are relative to all Index — Large Cap peers and refresh with every data update.

Returns
1Y return
7.0%
7.1%BEST
3Y return
18.6%BEST
18.6%
5Y return
14.2%
3Y vs index· vs own category index
+10.6%BEST
+10.6%
Risk
Sharpe· ↑ better
0.66
0.66
Sortino· ↑ better
0.88
0.89BEST
Std deviation· ↓ better
18.43
18.27BEST
Alpha· ↑ better
9.01BEST
8.19
Beta· ≈1 market-like
1.16
1.15
Cost & facts
Expense· ↓ better
0.23%
0.20%BEST
P/E· ↓ cheaper
19.9
19.9
AUM
₹1.2k CrBEST
₹509 Cr
VR rating
Morningstar
Start date
03 Mar 2021
28 Jan 2022

Quick answers

Is Kotak Nifty Next 50 Index better than Axis Nifty Next 50 Index?

Kotak Nifty Next 50 Index currently edges it with a Smart Score of 84/100 vs 79/100. Kotak Nifty Next 50 Index has the weaker risk-adjusted profile (Sortino 0.88 vs 0.89), 3-year returns of 18.6% vs 18.6%, and an expense ratio of 0.23% vs 0.20%. Scores are relative to all Index — Large Cap peers and refresh with every data update.

Which is cheaper — Kotak Nifty Next 50 Index or Axis Nifty Next 50 Index?

Axis Nifty Next 50 Index has the lower expense ratio: 0.20% vs 0.23% (direct plans). Lower fees compound in your favour over long holding periods.

Which has better risk-adjusted returns?

On the Sortino ratio (return per unit of downside risk), Axis Nifty Next 50 Index leads with 0.89 vs 0.88. Sharpe ratios: Kotak Nifty Next 50 Index 0.66, Axis Nifty Next 50 Index 0.66.