Two funds walk into a table. Only the numbers talk.
Kotak Gold Fund vs Mirae Asset NYSE FANG + ETF Fund of Fund
Pick two or three funds. We’ll tell you in plain words which grew faster, which was calmer, which costs less and what your money would have become. Figures are for the Direct plan, Growth option, where a fund has one.
- AKotak Gold Fund
Kotak Mahindra Mutual Fund- Fund of Funds (Domestic)
- Direct plan
- High Risk
NAV ₹54.58 on 13 Nov 2026
- BMirae Asset NYSE FANG + ETF Fund of Fund
Mirae Asset Mutual Fund- Fund of Funds (Domestic)
- Direct plan
- Very High Risk
NAV ₹50.71 on 13 Nov 2026
The short version
Who comes out ahead on each measure, over the 5 years all of them have been around.
Grew faster
BMirae Asset NYSE FANG + ETF Fund of Fund
Mirae Asset NYSE FANG + ETF Fund of Fund returned 32.3% a year over 5 years, against 21.2% for Kotak Gold Fund. ₹1 lakh invested 5 years ago would be about ₹4.05 Lakh today, against ₹2.61 Lakh.
Smoother ride
AKotak Gold Fund
Kotak Gold Fund swung the least: about 22% a year either way, against 29.1% for Mirae Asset NYSE FANG + ETF Fund of Fund. Lower means fewer scary days.
Fell less in a crash
No fair winner yet
At its worst, Kotak Gold Fund fell 24.1% from its peak, against 43.7% for Mirae Asset NYSE FANG + ETF Fund of Fund. On ₹1 lakh, that's a dip to ₹56,276 at the bottom for Mirae Asset NYSE FANG + ETF Fund of Fund. Could you have held on?
Not a fair fight: we only have data for Mirae Asset NYSE FANG + ETF Fund of Fund (from May 2021), so it has not been through the 2020 crash the others fell in.
More consistent
No fair winner yet
Pick any day in the past and hold for a year: Kotak Gold Fund ended up in profit 89% of the time, against 80% for Mirae Asset NYSE FANG + ETF Fund of Fund.
Not a fair fight: we only have data for Mirae Asset NYSE FANG + ETF Fund of Fund (from May 2021), so it has not been through the 2020 crash the others fell in.
Costs less
BMirae Asset NYSE FANG + ETF Fund of Fund
Mirae Asset NYSE FANG + ETF Fund of Fund charges 0.04% a year, against 0.15% for Kotak Gold Fund. On ₹1 lakh that's ₹40 a year against ₹150, taken quietly from the NAV.
What your money would have become
The same amount, put into each fund on the same day.
The dashed line is the ₹10,000 you put in. Above it is profit, below it is loss.
- AKotak Gold Fund₹25,987 from ₹10,000(21.1% a year)
- BMirae Asset NYSE FANG + ETF Fund of Fund₹40,312 from ₹10,000(32.3% a year)
A one-time ₹10,000 put in 5 years ago, valued at the latest NAV. This is what happened, not what will.
Strengths and watch-outs
Each fund judged against its own category, and against a 5-year SBI FD at 6.05%.
AKotak Gold Fund
- Strength: Ahead of its category: 21.2% a year over 5 years, against a category average of 12.4%
- Strength: In the top quarter of its category over 5 years (#11 of 50)
- Strength: Beat a 5-year SBI FD: 21.2% a year over 5 years, against 6.05%
- Strength: Low cost: 0.15% a year
- Watch out: Swings more than most funds in its category
- Watch out: Fell harder than its category in the worst crash
BMirae Asset NYSE FANG + ETF Fund of Fund
- Strength: Ahead of its category: 32.3% a year over 5 years, against a category average of 12.4%
- Strength: In the top quarter of its category over 5 years (#1 of 50)
- Strength: Beat a 5-year SBI FD: 32.3% a year over 5 years, against 6.05%
- Strength: Low cost: 0.04% a year
- Watch out: Swings more than most funds in its category
All the numbers
The stronger figure in each row is marked Best. Under each return is the fund’s rank in its category and the category average.
| Measure | AKotak Gold Fund | BMirae Asset NYSE FANG + ETF Fund of Fund |
|---|---|---|
| ReturnsHow much the fund grew. Beyond a year, this is per year (annualised). | ||
| 1 yearLast 12 months, the most noisy figure | 6.1%#40 of 116 · avg 4.9% | 36.4%Best#1 of 116 · avg 4.9% |
| 3 yearsPer year, over a full market mood swing | 29.7%#18 of 72 · avg 18% | 54.2%Best#1 of 72 · avg 18% |
| 5 yearsPer year, the fairest single test | 21.2%#11 of 50 · avg 12.4% | 32.3%Best#1 of 50 · avg 12.4% |
| 10 yearsPer year, across bull and bear markets | 15.1%#6 of 33 · avg 11.7% | – |
| RiskHow bumpy the ride was. This is what decides whether you stay invested. | ||
| Ups and downsVolatility: how far it swings in a typical year. Lower is calmer | 22%Bestcategory avg 17.9% | 29.1%category avg 17.9% |
| Worst fallThe biggest drop from a peak in 10 years. Lower is better | −24.1%category avg −20.4% | −43.7%data from 11 May 2021 only |
| Best 12 monthsIts strongest year | 113.6% | 104.3%data from 11 May 2021 only |
| Worst 12 monthsIts weakest year | -17% | -41.5%data from 11 May 2021 only |
| Odds of a gainShare of all 1-year holding periods that ended in profit | 89% | 80%data from 11 May 2021 only |
| Cost and sizeThe fee comes out of your returns every year, whether the fund does well or not. | ||
| Expense ratioYearly fee. Lower keeps more for you | 0.15% | 0.04%Best |
| Fund sizeMoney managed (AUM). Neither better nor worse | ₹6,996 Cr | ₹3,085 Cr |
| Lock-inTime before you can withdraw | None | None |
“Best” is not a recommendation: a fund that returned more usually took more risk to do it.
Which one fits you?
There is no best fund, only a better fit for what you need the money to do.
AKotak Gold Fund
Might suit you if…
- a smoother ride matters more to you than the top return
BMirae Asset NYSE FANG + ETF Fund of Fund
Might suit you if…
- you want the stronger long-run growth and can sit through sharper falls
- you care about keeping costs low, which adds up over decades