Skip to content
WealthTicker
Back to screener
EquityMulti Cap FundRegularGrowthVery High
Motilal Oswal logo

Motilal Oswal Multi Cap Fund

Motilal Oswal Mutual Fund · Best Multi Cap Mutual Funds

NAV
₹14.58
+0.91% 1D
as of 05 Oct 2026
CompareSIP calculator

Performance

+8.51%absolute
52-week rangePrev NAV ₹14.45
Latest ₹14.58
Low ₹10.7885th percentile of its 52-week rangeHigh ₹15.23

Scorecard

★★★★☆4/5 vs 32 Multi Cap Fund peers1Y
  • 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 Multi Cap Fund (same plan and option). Based on a 1-year record — this fund is too young for a 3-year CAGR, so its performance is ranked on 1Y against the same peers.

Performance—

Not enough Multi Cap Fund peers to rank yet

RiskHigh

Volatility 18.3% vs 14.8% category avg

CostAverage

2.3% expense vs 2.4% category avg

Consistency—

Not enough history for a rolling 3Y view

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

  • Ahead of the Multi Cap Fund average on 1M/3M/6M/1Y — 1Y by 6.81pp
  • Ranks #4 of 32 on 1-year return in its Multi Cap Fund cohort

Concerns

  • More volatile than its Multi Cap Fund peers (18.3% vs 14.8%)

Key Metrics

2.30%
Category 2.40%▼0.10%
43.83
Category —
—
Category 0.40

Scheme Info

Definitions
Plan
Regular · Growth
None
Up to 1.00%
tiered — see the full terms
0.005%
SIP Inv.
—
₹500
₹500
Nifty 500 Multicap 50:25:25 Index TR The allocation in the Fund would be minimum 75% in equity and equity related instru
21 Jun 2024

Period returns (<1Y, absolute — not annualized)

Definitions
-2.83%
+9.36%
+32.46%
+10.53%

Annualized returns (≥1Y — CAGR)

Definitions
+9.34%
—
—
—
+16.65%
Advanced metrics — risk and benchmark ratios

Fund vs category average (Multi Cap Fund)

PeriodFundCategory avg.Diff
1M abs-2.83%-4.37%+1.54%
3M abs+9.36%-2.09%+11.45%
6M abs+32.46%+12.88%+19.58%
1Y CAGR+9.34%+2.53%+6.81%
3Y CAGR—+12.50%—
5Y CAGR—+11.64%—

Category average across peers in Multi Cap Fund (up to 32 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 32 peers in Multi Cap Fund

1Y return
+9.34%
Beats 90.3% · rank #4
3Y return
—
—
5Y return
—
—
Sharpe
—
—
Sortino
—
—

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Period
Invested
₹1.20L
Current value
₹1.34L
Absolute
+11.34%
XIRR
+25.74%
Value vs. invested
ValueInvested

12 monthly installments of ₹10,000 into Motilal Oswal Multi Cap 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.

YearFundNifty 500 TRIDiff
2026part+10.53%-7.18%+17.71%
2025-3.57%+7.94%-11.51%
2024part+33.49%——

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.

Recent changes

Expense-ratio, fund-manager, exit-load and minimum-investment changes we've picked up in the last 30 days.

  • Fund manager change — now managed by Sandeep Jain, Swapnil Mayekar; Niket Shah, Santosh Singh, Sunil Sawant stepped away
    25 Sep 2026
History points
565
Expense ratio
2.30%
AUM
₹4,007Cr
Portfolio turnover
194%
Exit load
1% - If redeemed on or before 15 days from the date of allotment. Nil - If redeemed after 15 days from the date of allotment.
Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).
P/E ratio
43.8
P/B ratio
6.8
Avg market cap
₹1,12,950Cr
P/E & P/B are portfolio-weighted harmonic means across 29 of 36 equity holdings (81% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This 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.

Short-term (STCG)
20%
Held under 1 year

Flat, on the whole gain

Long-term (LTCG)
12.5%
Held 1 year or more

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
  • Equity98.27%
  • Cash & Equivalents1.73%

Fund size over time

Quarterly average AUM · AMFI
₹4,007Cr
April - June 2026
-1%
since January - March 2026
−₹58.88Cr
est. net flow, last quarter

At or near its largest, ₹4,050Cr in January - March 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.

Motilal Oswal Mutual Fund logo

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.

Launched
28 Dec 2009
Total AUM
₹1,58,858Cr+11.5% QoQ
Avg AUM · July - September 2026
Website
motilaloswalmf.com

Fund Managers

AKAjay KhandelwalStart date not disclosed
Education

1. CFA Level 3 2. PGDM – MBA - TAPMI, Manipal 3. B.E. Electrical Engineer MITS, Gwalior

Experience

• Mr Ajay Khandelwal has around 19 years of experience in fund management and research activity. Earlier he was associated with Canara Robeco Asset Management Company as Fund Manager, where he used to take active part in fund management activity of Small Cap Fund. • He started his professional journey as a Research Analyst in BOI AXA Investment Managers, where he used to research on Information Technology (IT) and Banking, Financial Services and Insurance (BFSI) industry, understanding the sector and company specification through data analysis.

All schemes Ajay Khandelwal runs →
SJSandeep JainManaging since 05 Dec 2025
Education

1. Chartered Accountant

Experience

Mr. Sandeep Jain is currently employed with MOAMC and has an overall experience of 18 years in research and fund management. His last stint was with Baroda BNP Paribas Mutual Fund as Fund Manager and Senior Research Analyst (BFSI Sector). Prior to that, he has worked with various companies viz., Aditya Birla Sun life Insurance, Sundaram Asset Management Company Limited, TATA Securities., IDBI Capital Markets & Securities Limited. Mr. Jain is a Chartered Accountant by qualification

All schemes Sandeep Jain runs →
AMAtul MehraStart date not disclosed
Education

CFA Charterholder, CFA Institute, Charlottesville, Virginia, USA Masters in commerce; Mumbai University Bachelor’s in commerce, Mumbai University, HR College of Commerce and Economics

Experience

• Atul has over 16 years of overall experience. He is associated with Motilal Oswal Asset Management Company Ltd – Senior Vice President, Fund Manager – Equity. • Prior to this he is associated as Senior Vice President, Fund Manager – PMS and AIFs. (December 2013 – December 2023). Further, prior to this he was associated with Edelweiss Capital Ltd – Research Analyst (2008 - 2013).

All schemes Atul Mehra runs →
RSRakesh ShettyStart date not disclosed
Education

Bachelors of Commerce (B.Com)

Experience

• Mr. Rakesh Shetty has more than 15 years of overall experience and expertise in trading in equity, debt segment, Exchange Trade Fund’s management, Corporate Treasury and Banking. • Prior to joining Motilal Oswal Asset Management Company Limited, he has worked with Company engaged in Capital Market Business wherein he was in charge of equity and debt ETFs, customized indices and has also been part of product development.

Funds managed (80)
All schemes Rakesh Shetty runs →
SMSwapnil MayekarManaging since 18 Nov 2025
Education

Master of Commerce (Finance Management)

Experience

Mr. Swapnil Mayekar has rich experience in the field of Research. He had earlier worked with organizatio n like Business Standard Limited where he was primarily responsible for research on Banking Sector, Mutual Fund, Debt market, Internation al and Indian Stock Market using valuation models. He is associated with MOAMC since March 2010 where his primarily role is to develop model structure, to perform portfolio assessment s on a periodic basis for investment strategies & models and analysis of Exchange Traded Funds, Mutual fund scheme and stocks.

Funds managed (59)
All schemes Swapnil Mayekar runs →

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.

Explore from here

Fund managers
Ajay KhandelwalSandeep JainAtul MehraRakesh ShettySwapnil Mayekar
Top holdings
Divi's Laboratories LimitedEternal LimitedShaily Engineering Plastics LimitedLenskart Solutions LimitedKalyan Jewellers India LimitedIndusInd Bank LimitedCG Power and Industrial Solutions LimitedCoforge LimitedBajaj Finance LtdOne 97 Communications LimitedRBL Bank LimitedPiramal Finance Limited
Run SIP calculatorAdd to compare

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 Multi Cap funds

Multi cap funds must hold at least 25% each in large, mid and small-cap stocks at all times. The fixed minimums give more mid- and small-cap exposure than a flexi cap, and usually more volatility.

Frequently asked questions

What is the NAV of Motilal Oswal Multi Cap Fund?

As of 05 Oct 2026, the NAV of Motilal Oswal Multi Cap Fund is ₹14.58 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Motilal Oswal Multi Cap Fund delivered?

Motilal Oswal Multi Cap Fund has returned +9.34% over 1 year and +16.65% 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 Multi Cap Fund?

Motilal Oswal Multi Cap Fund charges an expense ratio of 2.30% 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 Multi Cap Fund?

Motilal Oswal Multi Cap Fund's largest holdings are Divi's Laboratories Limited (4.9%), Eternal Limited (4.6%), Shaily Engineering Plastics Limited (4.2%), Lenskart Solutions Limited (4.1%) and Kalyan Jewellers India Limited (3.9%). Holdings are disclosed monthly and change over time.

How risky is Motilal Oswal Multi Cap Fund?

Motilal Oswal Multi Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 18.3% and its worst peak-to-trough fall in our sample was -24.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of Motilal Oswal Multi Cap Fund?

Motilal Oswal Multi Cap Fund is benchmarked against the Nifty 500 Multicap 50:25:25 Index TR The allocation in the Fund would be minimum 75% in equity and equity related instru. Its alpha and beta on this page are measured against that index.

Who manages Motilal Oswal Multi Cap Fund?

Motilal Oswal Multi Cap Fund is managed by Ajay Khandelwal, Sandeep Jain, Atul Mehra, Rakesh Shetty and Swapnil Mayekar at Motilal Oswal.

How is Motilal Oswal Multi Cap Fund taxed?

Motilal Oswal Multi Cap 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.