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Kotak NIFTY 100 Low Volatility 30 Index Fund - Direct plan - Growth option vs Motilal Oswal BSE Enhanced Value Index Fund-Direct plan
Kotak NIFTY 100 Low Volatility 30 Index Fund and Motilal Oswal BSE Enhanced Value Index Fund- are both in the Index Funds category, from Kotak Mahindra Asset Management Company Limited. and Motilal Oswal Asset Management Company Limited respectively. Kotak NIFTY 100 Low Volatility 30 Index Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Kotak NIFTY 100 Low Volatility 30 Index Fund has the lower direct-plan expense ratio, by 0.15 percentage points.
| Kotak NIFTY 100 Low Volatility 30 Index Fund - Direct plan - Growth option | Motilal Oswal BSE Enhanced Value Index Fund-Direct plan | |
|---|---|---|
| Category | Index Funds | Index Funds |
| AMC | Kotak Mahindra Asset Management Company Limited. | Motilal Oswal Asset Management Company Limited |
| Benchmark | Nifty100 Low Volatility 30 TRI | BSE Enhanced Value Index TRI |
| NAV | ₹10.1223 (2026-10-28) | ₹25.3562 (2026-10-28) |
| AUM | ₹99.862 Cr | ₹2,120.84 Cr |
| Expense Ratio (Direct) | 0.3669% | 0.52% |
| Inception | 2024-05-22 | 2022-07-29 |
Returns
Risk Metrics
This fund tracks an index, so measuring alpha against that same index would only report its tracking error.
Portfolio Analytics
Kotak NIFTY 100 Low Volatility 30 Index Fund carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
| Kotak NIFTY 100 Low Volatility 30 Index Fund - Direct plan - Growth option | Motilal Oswal BSE Enhanced Value Index Fund-Direct plan | |
|---|---|---|
| P/E Ratio | 26.1774 | 8.1074 |
| P/B Ratio | - | - |
| Dividend Yield | 1.4779% | 3.4266% |
| Active Share | 0.05% | 0.55% |
| Portfolio Turnover | 71.46000000000001% | 34% |
| YTM | - | - |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
Kotak NIFTY 100 Low Volatility 30 Index Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a lower expense ratio, Kotak NIFTY 100 Low Volatility 30 Index Fund or Motilal Oswal BSE Enhanced Value Index Fund-?
Kotak NIFTY 100 Low Volatility 30 Index Fund's direct-plan expense ratio is 0.15 percentage points lower than Motilal Oswal BSE Enhanced Value Index Fund-'s. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Why don't Kotak NIFTY 100 Low Volatility 30 Index Fund and Motilal Oswal BSE Enhanced Value Index Fund- show risk metrics like Sharpe ratio or alpha?
This fund tracks an index, so measuring alpha against that same index would only report its tracking error. This is a deliberate methodology choice, not missing data - risk metrics like alpha and Sharpe ratio are most meaningful for actively-managed funds where a manager makes decisions that can add or subtract value versus a benchmark. For a fund that mechanically tracks an index, the equivalent useful metric is tracking error (how closely it follows its index), not alpha.
Which has higher AUM, Kotak NIFTY 100 Low Volatility 30 Index Fund or Motilal Oswal BSE Enhanced Value Index Fund-?
Motilal Oswal BSE Enhanced Value Index Fund- has ₹2,121 Cr in assets under management, versus ₹100 Cr for Kotak NIFTY 100 Low Volatility 30 Index Fund. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which fund has a longer track record, Kotak NIFTY 100 Low Volatility 30 Index Fund or Motilal Oswal BSE Enhanced Value Index Fund-?
Motilal Oswal BSE Enhanced Value Index Fund- launched on 2022-07-29, making it older than Kotak NIFTY 100 Low Volatility 30 Index Fund (launched 2024-05-22). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.