Kotak Active Momentum Fund
Direct · GrowthAI Summary
Kotak Active Momentum Fund has delivered a 1Y SIP XIRR of 12.24%, ahead of the category average of 10.7%. Against the NIFTY 50, the fund generated positive alpha across all periods, with 1Y alpha of 12.35% while the benchmark CAGR was -9.19%. However, lump-sum rolling returns are modest, with a 1Y rolling mean of 8.52%, and calendar year returns have been muted at 5.62% in 2025 and -0.83% in 2026.
The fund shows a beta of nearly 1.0 against the NIFTY 50, meaning it moves in line with the market, but its downside capture of 87.99% versus upside capture of 103.91% indicates favorable asymmetry. The maximum drawdown was contained at -0.14% with a 75-day duration and 102-day recovery, and only one drawdown event exceeded 10%. The 1Y Calmar ratio of 0.58 suggests moderate risk-adjusted efficiency relative to the drawdown experienced.
Detailed holdings and sector allocation data were not provided for this fund. As a momentum-oriented offering in the Sectoral/Thematic category, investors should expect concentrated exposure to trending sectors and stocks, which typically reduces diversification versus diversified equity funds. Investors should review the latest factsheet for current top holdings and sector weights before investing.
The fund's 1Y SIP XIRR of 12.24% outpaces the category average of 10.7%, indicating competitive recent performance among sectoral/thematic peers. Longer-term category averages (3Y at 16.27%, 5Y at 17.47%) suggest peers have historically delivered stronger SIP outcomes, though no comparable fund XIRR data is available for those windows. Consistent positive alpha versus the NIFTY 50 across 1Y to 15Y periods points to durable benchmark outperformance.
This fund suits investors with high risk tolerance seeking tactical, momentum-driven equity exposure as a satellite holding rather than a core portfolio position. A horizon of at least 3-5 years is advisable given the thematic nature and potential concentration risk. It should be limited to a modest allocation within a diversified portfolio, as sectoral/thematic funds can experience sharp sector-specific drawdowns.
- 1Y SIP XIRR of 12.24% exceeds the category average of 10.7%
- Consistent positive alpha versus NIFTY 50 across all measured periods, including 12.35% over 1Y
- Favorable capture asymmetry with 103.91% upside capture against only 87.99% downside capture
- As a Sectoral/Thematic momentum fund, it carries concentration risk and may underperform when momentum themes rotate
- Lump-sum returns are weak, with 1Y rolling mean of 8.52% and calendar year returns of 5.62% (2025) and -0.83% (2026)
Generated on 20-10-2026, 3:08 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.66 L | 12.8% | -2.2% | 23.4% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 12.8% | 14.3% | 10.7% | -1.4% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 7.6% | 8.4% | 1.7% | 13.3% | 0.34 | 0.64 | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +12.93 | 1.01 | 104.7% | 87.9% | 1.3% | -11.4% |
| 3 Years | +3.43 | 1.00 | 99.6% | 87.1% | 1.3% | -2.1% |
| 5 Years | +2.05 | 1.00 | 99.6% | 87.1% | 0.8% | -1.3% |
| 7 Years | +1.46 | 1.00 | 99.6% | 87.1% | 0.6% | -0.9% |
| 10 Years | +1.02 | 1.00 | 99.6% | 87.1% | 0.4% | -0.7% |
| 12 Years | +0.85 | 1.00 | 99.6% | 87.1% | 0.3% | -0.5% |
| 15 Years | +0.67 | 1.00 | 99.6% | 87.1% | 0.3% | -0.4% |