ALPS/KOTAK INDIA Competition

INDIX Fund

USD 14.41 0.09 0.63%

The fund is listed under the India Equity category and is part of the ALPS family. The entity is thematically classified as Monster Funds. Within this framework, Alpskotak India Growth is compared with Gmo Emerging, PNC EMERGING, RBC Emerging, BLACK OAK, and SIIT EMERGING, along with other selected peers. Cash flow yield for ALPS/KOTAK INDIA versus peers shows which firms turn revenue into real cash most effectively.

Pair Correlation for ALPS/KOTAK INDIA and PAYDEN EMERGING View

Good diversification

The correlation between ALPS/KOTAK INDIA and PAYDEN EMERGING is 0.1, which Macroaxis classifies as Good diversification for the selected horizon. A 0.1 reading means ALPS/KOTAK INDIA and PAYDEN EMERGING have very little price overlap, which supports diversification.

Moving together with ALPS/KOTAK Mutual Fund

1.0	INAAX	Alpskotak India Growth	Pair Corr
1.0	INDAX	Alpskotak India Growth	Pair Corr

Moving against ALPS/KOTAK Mutual Fund

0.83	JCCSX	ALPS/CORECOMMODITY	Pair Corr
0.83	JCRAX	ALPS/CORECOMMODITY	Pair Corr
0.83	JCRCX	ALPS/CORECOMMODITY	Pair Corr
0.83	JCRIX	ALPS/CORECOMMODITY	Pair Corr

Specify up to 10 symbols:

The mean reversion principle applied to ALPS/KOTAK INDIA's suggests that neither prolonged outperformance nor underperformance is permanent. Identifying the root cause of ALPS/KOTAK INDIA's price dislocation is essential before acting on a mean reversion signal. The mean reversion tendency in ALPS/KOTAK INDIA's price is a well-documented phenomenon in academic research. In many cases, ALPS/KOTAK INDIA's price extremes present statistical patterns that have recurred historically.

Hype

Prediction

Low	Estimated	High
13.43	14.41	15.39

Details

Intrinsic

Valuation

Low	Real	High
13.74	14.72	15.70

Details

Naive

Forecast

Low	Next	High
13.74	14.72	15.70

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
14.10	15.42	16.75

Details

No single-company analysis of Alpskotak India Growth is complete without peer benchmarking. A company that looks attractive in isolation may be significantly outperformed by competitors. Standalone analysis captures ALPS/KOTAK INDIA's individual story, but peers reveal if it is truly exceptional. Disciplined peer analysis separates conviction-grade insights from superficial ALPS/KOTAK INDIA observations.

ALPS/KOTAK INDIA Competition Correlation Matrix

Reviewing how Alpskotak India Growth moves relative to competing funds can show whether peer exposure is reducing portfolio risk or simply repeating the same market bet. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.

	GMDFX	PIEFX	REMVX	BOGSX	SMQFX	PYCEX
GMDFX		0.88	0.93	0.44	0.82	0.86	GMDFX
PIEFX	0.88		0.97	0.69	0.91	0.89	PIEFX
REMVX	0.93	0.97		0.57	0.9	0.94	REMVX
BOGSX	0.44	0.69	0.57		0.62	0.45	BOGSX
SMQFX	0.82	0.91	0.9	0.62		0.84	SMQFX
PYCEX	0.86	0.89	0.94	0.45	0.84		PYCEX
	GMDFX	PIEFX	REMVX	BOGSX	SMQFX	PYCEX

Risk-Adjusted Indicators

Strong recent returns in ALPS/KOTAK Mutual Fund do not always mean ALPS/KOTAK INDIA Mutual Fund is outperforming peers on business quality. Without risk-adjusted context, investors may overweight short-term returns and underweight the volatility required to achieve them. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
GMDFX	0.24	0.03	0.26	-0.85	0.18	-0.27	0.56	-0.56	2.60
PIEFX	1.02	0.20	0.14	0.18	1.31	-1.12	2.23	-2.09	7.59
REMVX	0.94	0.20	0.13	0.15	1.44	-1.01	1.95	-1.87	7.49
BOGSX	1.16	0.19	0.11	0.08	1.41	-1.21	2.33	-2.23	5.97
SMQFX	1.41	0.68	0.50	0.63	0.77	-1.82	1.61	-1.63	38.21
PYCEX	0.08	-0.01	0.22	-0.20	0.12	-0.13	0.12	-0.23	0.57

ALPS/KOTAK INDIA Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	INDIX	GMDFX	PIEFX	REMVX	BOGSX	SMQFX	PYCEX
	0.63 14.41 ALPS/KOTAK	0.09 23.12 Gmo	0.09 21.33 PNC	0.34 11.83 RBC	2.03 8.56 BLACK	0.19 10.36 SIIT	0.11 8.69 PAYDEN
Market Volatility (90 Days Market Risk)	Very Low	Very Low	Very Low	Very Low	Low	Very Low	Very Low
Market Performance (90 Days Performance)	Weak	Moderate	Contained	Contained	Soft	Contained	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Under Valued	Fairly Valued	Under Valued	Under Valued	Fairly Valued	Under Valued	Fairly Valued
Buy or Sell Analysis (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Hold	Strong Hold	Strong Buy	Strong Buy	Strong Buy	Strong Buy	Cautious Hold
Net Asset	22.94 M	3.87 B	55.84 M	116.45 M	53.72 M	1.02 B	96.81 M
Minimum Initial Investment	N/A	125 M	1000 K	250 K	2 K	100 K	N/A
Price To Book	3.53 X	N/A	N/A	N/A	3.49 X	N/A	N/A
Five Year Return	3.91 %	7.65 %	2.85 %	6.96 %	6.02 %	8.82 %	2.47 %
One Year Return	-1.45 %	19.72 %	29.88 %	39.56 %	26.65 %	38.64 %	5.16 %
Last Dividend Paid	N/A	0.3	0.05	0.03	N/A	0.21	0.03
Price To Earning	21.55 X	N/A	N/A	N/A	23.74 X	N/A	N/A
Price To Sales	1.79 X	N/A	N/A	N/A	1.65 X	N/A	N/A
Cash Position Weight	3.79 %	1.19 %	4.43 %	2.29 %	3.53 %	5.72 %	11.65 %
Equity Positions Weight	92.46 %	N/A	95.57 %	97.71 %	96.47 %	94.28 %	N/A
Three Year Return	7.56 %	18.81 %	17.63 %	21.03 %	13.57 %	22.04 %	7.76 %
Annual Yield	0.04 %	0.05 %	0.01 %	0.02 %	N/A	0.04 %	0.06 %
Year To Date Return	3.97 %	2.76 %	5.13 %	3.45 %	2.94 %	3.43 %	0.31 %
Bond Positions Weight	N/A	95.98 %	N/A	N/A	N/A	N/A	81.02 %
Ten Year Return	N/A	7.97 %	N/A	N/A	11.54 %	N/A	N/A
Day Typical Price	14.41	23.12	21.33	11.83	8.56	10.36	8.69
Period Momentum Indicator	0.09	0.02	-0.02	-0.04	0.17	-0.02	-0.01
Rate Of Daily Change	1.01	1.0	1.0	1.0	1.02	1.0	1.0
Day Median Price	14.41	23.12	21.33	11.83	8.56	10.36	8.69
Price Action Indicator	0.045	0.01	-0.01	-0.02	0.085	-0.01	-0.01
Relative Strength Index	29.78	45.98	45.65	44.4	51.79	44.8	29.74
Coefficient Of Variation	-489.26	815.45	854.23	887.4	1251.99	675.74	162826.28
Mean Deviation	0.7872	0.2432	1.02	0.9395	1.16	1.41	0.0794
Jensen Alpha	-0.19	0.0345	0.2005	0.2003	0.1879	0.6823	-0.01
Total Risk Alpha	-0.14	0.0673	0.2518	0.2428	0.2205	0.9496	-0.0002
Sortino Ratio	N/A	0.2646	0.1406	0.1291	0.1072	0.4977	0.2233
Downside Variance	N/A	0.1451	2.25	2.48	2.53	1.88	0.0575
Standard Deviation	0.9926	0.3859	1.35	1.33	1.46	4.25	0.1247
Kurtosis	-0.10	7.8	1.9	4.65	-0.34	56.2	0.829
Potential Upside	1.35	0.5642	2.23	1.95	2.33	1.61	0.1151
Treynor Ratio	-0.53	-0.85	0.1765	0.1464	0.0839	0.6266	-0.20
Maximum Drawdown	4.66	2.6	7.59	7.49	5.97	38.21	0.5685
Variance	0.9853	0.1489	1.81	1.77	2.14	18.09	0.0155
Market Risk Adjusted Performance	-0.52	-0.84	0.1865	0.1564	0.0939	0.6366	-0.19
Risk Adjusted Performance	-0.17	0.0891	0.0997	0.096	0.0698	0.1291	-0.06
Skewness	-0.12	1.59	-0.79	-1.59	-0.22	7.18	-0.86
Semi Deviation	N/A	0.1849	1.31	1.44	1.41	0.7699	0.1183
Information Ratio	-0.15	0.2612	0.1568	0.1529	0.1164	0.1606	0.4297
Value At Risk	-1.99	-0.56	-2.09	-1.87	-2.23	-1.63	-0.23
Expected Short fall	N/A	-0.27	-1.12	-1.01	-1.21	-1.82	-0.13
Downside Deviation	N/A	0.3809	1.5	1.57	1.59	1.37	0.2398
Semi Variance	N/A	0.0342	1.73	2.08	2.0	0.5927	0.014

ALPS/KOTAK INDIA Competition Peer Performance Charts

How to Analyze ALPS/KOTAK INDIA Against Peers

ALPS/KOTAK INDIA's peer analysis compares ALPS/KOTAK INDIA with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether ALPS/KOTAK INDIA trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where ALPS/KOTAK INDIA leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

Peer Comparison Metrics & Methodology

Insider ownership at ALPS/KOTAK INDIA is higher than at most peers, which can align management incentives with shareholder interests. When ALPS/KOTAK INDIA and a peer diverge sharply on valuation, the earnings and cash flow data usually explain why. Relative analysis can highlight whether current pricing already reflects peer-group strengths or weaknesses.

Reported values for Alpskotak India Growth are derived from fund disclosures and market reference feeds and then standardized for analysis. Refresh timing depends on source availability.

This content is curated and reviewed by:

Michael Smolkin - Member of Macroaxis Board of Directors

Last reviewed on March 19th, 2026

Macroaxis provides analytical tools and reference data for investors of all levels to evaluate holdings and assess risk across market volatility, economic shifts, and company-specific events. View terms and conditions

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ALPS/KOTAK INDIA Competition

Pair Correlation for ALPS/KOTAK INDIA and PAYDEN EMERGING View

Moving together with ALPS/KOTAK Mutual Fund

Moving against ALPS/KOTAK Mutual Fund

Specify up to 10 symbols:

ALPS/KOTAK INDIA Competition Correlation Matrix

Risk-Adjusted Indicators

ALPS/KOTAK INDIA Competitive Analysis

ALPS/KOTAK INDIA Competition Peer Performance Charts

How to Analyze ALPS/KOTAK INDIA Against Peers

Peer Comparison Metrics & Methodology

This content is curated and reviewed by:

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