Motilal Oswal Large and Midcap Fund
Motilal Oswal Mutual Fund · Best Large & Mid Cap Mutual Funds
This is the Regular plan of Motilal Oswal Large and Midcap Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
★★★★★5/5 vs 27 of 35 Large & Mid Cap Fund peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Large & Mid Cap Fund (same plan and option). 27 of the 35 Large & Mid Cap Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +19.81% · ranks 2 of 26 Large & Mid Cap Funds
Volatility 19.3% vs 14.5% category avg
1.8% expense vs 2.4% category avg
100% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Ahead of the Large & Mid Cap Fund average on 1M/3M/6M/1Y — 1Y by 5.55pp
- 3-year return (+19.81%) beats the Large & Mid Cap Fund average (+11.46%)
- 5-year return (+16.75%) beats the Large & Mid Cap Fund average (+10.12%)
- Ranks #4 of 33 on 1-year return in its Large & Mid Cap Fund cohort
- Stronger risk-adjusted returns — Sharpe 0.69 vs 0.33 Large & Mid Cap Fund average
Concerns
- More volatile than its Large & Mid Cap Fund peers (19.3% vs 14.5%)
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Large & Mid Cap Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -3.43% | -5.34% | +1.91% |
| 3M abs | +0.51% | -4.05% | +4.56% |
| 6M abs | +19.08% | +8.65% | +10.43% |
| 1Y CAGR | +4.59% | -0.96% | +5.55% |
| 3Y CAGR | +19.81% | +11.46% | +8.35% |
| 5Y CAGR | +16.75% | +10.12% | +6.63% |
Category average across peers in Large & Mid Cap Fund (up to 35 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 35 peers in Large & Mid Cap Fund
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into Motilal Oswal Large and Midcap Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | Nifty Midcap 150 TRI | Diff | |
|---|---|---|---|---|
| 2026part | +8.30% | -1.81% | +10.11% | |
| 2025 | -4.17% | +6.24% | -10.41% | |
| 2024 | +46.11% | +24.74% | +21.37% | |
| 2023 | +38.05% | +45.27% | -7.22% | |
| 2022 | +1.66% | +4.09% | -2.43% | |
| 2021 | +40.82% | +48.31% | -7.49% | |
| 2020 | +12.56% | +26.10% | -13.54% | |
| 2019part | +4.67% | +2.09% | +2.58% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity97.02%
- Cash & Equivalents2.98%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹17,050Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
Motilal Oswal Mutual Fund is the asset management arm of the broker Motilal Oswal Financial Services and launched its first scheme in 2010. It is known for a concentrated 'buy right, sit tight' equity philosophy and for a large passive and international range.
Fund Managers
AKAditya KhemaniManaging since 17 Oct 2019
PGDM (MBA - Finance), IIM Lucknow B.Com (Hons), St. Xaviers College, Kolkata
• Mr. Aditya has overall 16 years of experience in the In- dian equity markets as an investment professional, out of which the last 10 has been in the role of a portfolio Man- ager. Prior to joining MOAMC, He was associated with HSBC AMC for nearly 12 years. Further, he has worked in esteemed organizations like SBI Mutual Fund, ICICI Prudential AMC and Morgan Stanley Advantage Ser- vices.
AMAbhiroop MukherjeeManaging since 17 Oct 2019
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Large & Mid Cap funds
Large & mid cap funds keep at least 35% each in large-cap and mid-cap stocks. They aim to blend the stability of big companies with the higher growth — and higher swings — of mid caps.
Frequently asked questions
What is the NAV of Motilal Oswal Large and Midcap Fund?
As of 05 Oct 2026, the NAV of Motilal Oswal Large and Midcap Fund is ₹36.09 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Motilal Oswal Large and Midcap Fund delivered?
Motilal Oswal Large and Midcap Fund has returned +4.59% over 1 year, +19.81% per year over 3 years, +16.75% per year over 5 years and +19.89% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Motilal Oswal Large and Midcap Fund?
Motilal Oswal Large and Midcap Fund charges an expense ratio of 1.79% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of Motilal Oswal Large and Midcap Fund?
Motilal Oswal Large and Midcap Fund's largest holdings are One 97 Communications Limited (6.2%), Eternal Limited (5.4%), Shriram Finance Limited (4.8%), PTC Industries Ltd (4.7%) and Multi Commodity Exchange of India Limited (4.7%). Holdings are disclosed monthly and change over time.
How risky is Motilal Oswal Large and Midcap Fund?
Motilal Oswal Large and Midcap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 19.3% and its worst peak-to-trough fall in our sample was -37.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 0.69 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Motilal Oswal Large and Midcap Fund's 0.69 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of Motilal Oswal Large and Midcap Fund?
Motilal Oswal Large and Midcap Fund is benchmarked against the Nifty Large Midcap 250 Total Return Index. Its alpha and beta on this page are measured against that index.
Who manages Motilal Oswal Large and Midcap Fund?
Motilal Oswal Large and Midcap Fund is managed by Aditya Khemani and Abhiroop Mukherjee at Motilal Oswal.
How is Motilal Oswal Large and Midcap Fund taxed?
Motilal Oswal Large and Midcap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.