Motilal Oswal Mutual Fund by the numbers: 89 schemes

The house in one number

Motilal Oswal Mutual Fund managed an average of ₹1,58,858 crore in July–September 2026. That is 1.82% of the industry's ₹87,21,848 crore and puts it 16th among fund houses on AMFI's quarterly average AUM figures, which leave out domestic fund-of-funds. It was 17th the quarter before and 18th a year ago. Its fund house page shows the same ranking.

It grew 30.7% in a year from ₹1,21,516 crore, more than twice the industry's 13.1%. Its domestic fund-of-funds, which AMFI reports separately, held another ₹11,415 crore, up from ₹6,322 crore.

The house is 25 times its size of ten years ago, and about 4.5 times its size three years ago. Growth was not even: assets slipped from ₹1,34,035 crore in October–December 2025 to ₹1,31,742 crore in January–March 2026, then rose to ₹1,42,530 crore and ₹1,58,858 crore in the two quarters since.

89 schemes, led by a handful

We counted every Motilal Oswal scheme with a NAV in the past month: each open-ended fund once, by its Direct Growth plan, and each ETF once. Average assets are for all plans of each scheme in July–September 2026; 85 of the 89 have an AUM figure.

Two-thirds of the money is in active equity, and the largest funds carry most of it:

The Midcap Fund alone is 26% of the scheme-level total. On the passive side the notable names are the overseas ones: the Nasdaq 100 fund of funds and the S&P 500 index fund hold ₹12,838 crore together, and our look at the growth of fund-of-funds puts that in context.

Old funds hold the money; new funds make up the count

Of the house's 20 active equity funds, only five date from before 2023: Focused (May 2013), Midcap (February 2014), Flexi Cap (April 2014), ELSS (January 2015) and Large and Midcap (October 2019). Those five held ₹80,639 crore, 79% of the equity total. The other 15 began between 29 December 2023 and 22 September 2026, from Small Cap through a run of thematic funds (manufacturing, business cycle, digital, infrastructure, services, consumption, financial services) to the Quality fund, and together held ₹22,008 crore. So the house's active shelf is mostly new, though its money is not.

How the older funds rank

Direct Growth returns to the NAVs of 13–14 October 2026, against the median of all Direct Growth funds in the same category. Three- and five-year returns are annualised.

Over three and five years all four funds with a category comparison here are above their category median, several by wide margins. Over the latest year the Midcap fund, the biggest, is the one below its category median. The Focused fund returned 25.7% in the year; our focused fund note has the category's range. For other houses' funds in the same segments, see large and mid cap funds compared.

Costs

On AMFI's latest expense filings, Direct plan costs against the category median:

Four of the six cost less than the middle fund of their categories; Flexi Cap and Multi Cap cost more.

What the numbers do not tell you

Strong multi-year returns belong to a particular stretch. The three- and five-year figures above cover one market cycle, and the last year was far weaker than the years before it for the same funds. Past returns do not carry forward.

Size can change what a strategy does. A ₹40,809 crore mid-cap fund holds a different set of stocks, in different sizes, from the same strategy at a tenth of that. See mid-cap fund returns.

The new funds have no record. Fifteen of the house's 20 active equity funds cannot be judged on a three-year history yet; see our note on thematic funds below their launch price.

None of this is a recommendation to buy or sell any fund. The screener shows current figures for every scheme named here.