Nifty200 Momentum 30 index funds and ETFs
13 index funds and ETFs track the Nifty200 Momentum 30, as each fund house reported for Sep 2026. Closest to the index over the year: HDFC Nifty200 Momentum 30 ETF. Tracking difference is the fund's return less the index's over the year; its costs make it negative, so the figure nearest nought is the closest.
Index funds on the Nifty200 Momentum 30
Closest to the index first, then the lowest expense ratio. Over the year to the month's end.The Nifty200 Momentum 30
UTI Nifty 200 Momentum 30 Index FundUTI Mutual FundTracking difference−0.53%After fee+0.08%Tracking error0.16%Expense ratio0.89%Fund size, ₹ Cr7,962
Kotak Nifty 200 Momentum 30 Index FundKotak Mahindra Mutual FundTracking difference−0.56%After fee−0.12%Tracking error0.19%Expense ratio0.77%Fund size, ₹ Cr567
ICICI Prudential Nifty 200 Momentum 30 Index FundICICI Prudential Mutual FundTracking difference−0.65%After fee−0.14%Tracking error0.27%Expense ratio0.78%Fund size, ₹ Cr518
HDFC Nifty200 Momentum 30 Index FundHDFC Mutual FundTracking difference−0.77%After fee−0.24%Tracking error0.27%Expense ratio0.81%Fund size, ₹ Cr568
SBI Nifty200 Momentum 30 Index FundSBI Mutual FundTracking difference−0.81%After fee−0.22%Tracking error0.25%Expense ratio0.93%Fund size, ₹ Cr114
Bandhan Nifty200 Momentum 30 Index FundBandhan Mutual FundTracking difference−0.82%After fee−0.25%Tracking error0.31%Expense ratio0.88%Fund size, ₹ Cr116
Motilal Oswal Nifty 200 Momentum 30 Index FundMotilal Oswal Mutual FundTracking difference−0.93%After fee−0.44%Tracking error0.47%Expense ratio0.83%Fund size, ₹ Cr882
Baroda BNP Paribas Nifty200 Momentum 30 Index FundBaroda BNP Paribas Mutual FundTracking difference−1.11%After fee−0.42%Tracking error0.36%Expense ratio1.09%Fund size, ₹ Cr21
ETFs on the Nifty200 Momentum 30
Closest to the index first, then the lowest expense ratio. The premium is the median over the month's trading days of each day's close against its NAV.
- HDFC Nifty200 Momentum 30 ETFHDFC Mutual FundTracking difference−0.52%After fee−0.22%Tracking error0.22%Expense ratio0.30%Fund size, ₹ Cr99Premium or discount−0.01%
- ICICI Prudential Nifty 200 Momentum 30 ETFICICI Prudential Mutual FundTracking difference−0.59%After fee−0.14%Tracking error0.25%Expense ratio0.76%Fund size, ₹ Cr523Premium or discount−0.03%
Aditya Birla Sun Life Nifty 200 Momentum 30 ETFAditya Birla Sun Life Mutual FundTracking difference−0.62%After fee−0.19%Tracking error0.26%Expense ratio0.74%Fund size, ₹ Cr38Premium or discount+0.14%- Motilal Oswal Nifty 200 Momentum 30 ETFMotilal Oswal Mutual FundTracking difference−0.82%After fee−0.28%Tracking error0.44%Expense ratio0.93%Fund size, ₹ Cr115Premium or discount−0.13%
- Kotak Nifty 200 Momentum 30 ETFKotak Mahindra Mutual FundTracking difference–After fee–Tracking error0.27%Expense ratio0.78%Fund size, ₹ Cr40Premium or discount+0.02%
About Nifty200 Momentum 30 index funds and ETFs
Nifty200 Momentum 30 index funds and ETFs are funds that hold the 30 Nifty 200 companies with the highest momentum scores, in the index's own weights, so their return follows the index less costs.
The index they track
A Nifty 200 company qualifies with a year's listing and trading in futures and options. Its 6-month and 12-month price returns are each divided by the volatility of its daily returns over a year, and the two results are averaged into a Normalised Momentum Score. The 30 highest scores make the index. The base date is 1 Apr 2005 at 1000, and the index launched on 25 Aug 2020.
Weights and reviews
A stock's weight is its free float market cap (the value of the shares that can trade) multiplied by its score, capped at the lower of 5% or 5 times its weight on free float market cap alone. Members change every Jun and Dec: the top 15 by score always join, and members ranked below 45 always leave.
Why funds trail the index
A momentum ranking can replace many members at one review, and every fund has to sell the leavers and buy the joiners when the index does. That trading cost, on top of the expense ratio, shows up in a fund's tracking difference.
Reading the tables
Index funds are bought and redeemed with the fund house at the day's NAV, the value of one unit, and the page switches between their direct and regular plans. ETFs trade on the exchange, so their table adds premium or discount: the median, across the month's trading days, of each day's close divided by that day's NAV, less one. Tracking difference is the fund's return less the index's over the year; nearer nought means a closer match. After fee adds the year's average expense ratio back. Tracking error is how much the daily gap varied, as a yearly figure. Funds are ordered closest to the index first, then by the lower expense ratio.