COMPARE
Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - Growth option vs UTI Nifty 500 Value 50 Index Fund - Direct Plan - Growth Option
Kotak Nifty Financial Services Ex-Bank Index Fund and UTI Nifty 500 Value 50 Index Fund are both in the Index Funds category, from Kotak Mahindra Asset Management Company Limited. and UTI Asset Mgmt. Co. Ltd. respectively. UTI Nifty 500 Value 50 Index Fund has posted a higher 3-year rolling CAGR. Kotak Nifty Financial Services Ex-Bank Index Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Kotak Nifty Financial Services Ex-Bank Index Fund has the lower direct-plan expense ratio, by 0.43 percentage points.
| Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - Growth option | UTI Nifty 500 Value 50 Index Fund - Direct Plan - Growth Option | |
|---|---|---|
| Category | Index Funds | Index Funds |
| AMC | Kotak Mahindra Asset Management Company Limited. | UTI Asset Mgmt. Co. Ltd. |
| Benchmark | Nifty Financial Services Ex-Bank TRI | NIFTY500 Value 50 TRI |
| NAV | ₹14.843 (2026-10-28) | ₹20.3339 (2026-10-28) |
| AUM | ₹90.845 Cr | ₹828.438 Cr |
| Expense Ratio (Direct) | 0.3174% | 0.75% |
| Inception | 2023-07-24 | 2023-04-26 |
Returns
UTI Nifty 500 Value 50 Index Fund leads on 3-year rolling CAGR (26.4% vs Kotak Nifty Financial Services Ex-Bank Index Fund's 15.0%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
This fund tracks an index, so measuring alpha against that same index would only report its tracking error.
Portfolio Analytics
Kotak Nifty Financial Services Ex-Bank 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 Financial Services Ex-Bank Index Fund - Direct Plan - Growth option | UTI Nifty 500 Value 50 Index Fund - Direct Plan - Growth Option | |
|---|---|---|
| P/E Ratio | 20.1182 | 10.2108 |
| P/B Ratio | 0.21 | 10.3901 |
| Dividend Yield | 0.8625% | 3.1146% |
| Active Share | 0.02% | 0% |
| Portfolio Turnover | 59.29% | - |
| YTM | - | - |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
UTI Nifty 500 Value 50 Index Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, Kotak Nifty Financial Services Ex-Bank Index Fund or UTI Nifty 500 Value 50 Index Fund?
UTI Nifty 500 Value 50 Index Fund's 3-year rolling CAGR of 26.4% is higher than Kotak Nifty Financial Services Ex-Bank Index Fund's 15.0%. UTI Nifty 500 Value 50 Index Fund sits in the 98th percentile of its category on this metric, versus the 65th percentile for Kotak Nifty Financial Services Ex-Bank Index Fund - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, Kotak Nifty Financial Services Ex-Bank Index Fund or UTI Nifty 500 Value 50 Index Fund?
Kotak Nifty Financial Services Ex-Bank Index Fund's direct-plan expense ratio is 0.43 percentage points lower than UTI Nifty 500 Value 50 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 Financial Services Ex-Bank Index Fund and UTI Nifty 500 Value 50 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 Financial Services Ex-Bank Index Fund or UTI Nifty 500 Value 50 Index Fund?
UTI Nifty 500 Value 50 Index Fund has ₹828 Cr in assets under management, versus ₹91 Cr for Kotak Nifty Financial Services Ex-Bank 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 Financial Services Ex-Bank Index Fund or UTI Nifty 500 Value 50 Index Fund?
UTI Nifty 500 Value 50 Index Fund launched on 2023-04-26, making it older than Kotak Nifty Financial Services Ex-Bank Index Fund (launched 2023-07-24). 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.