EquitySectoral/ ThematicRegularGrowthVery High

Motilal Oswal Consumption Fund

Q: What is the NAV of Motilal Oswal Consumption Fund?

As of 01 Oct 2026, the NAV of Motilal Oswal Consumption Fund is ₹10.88 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Motilal Oswal Consumption Fund delivered?

Motilal Oswal Consumption Fund has returned +7.98% 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.

Q: What is the expense ratio of Motilal Oswal Consumption Fund?

Motilal Oswal Consumption Fund charges an expense ratio of 2.33% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Motilal Oswal Consumption Fund?

Motilal Oswal Consumption Fund's largest holdings are Bharti Airtel Limited (7.0%), Sky Gold And Diamonds Limited (5.8%), Eternal Limited (5.6%), Kalyan Jewellers India Limited (5.5%) and Healthcare Global Enterprises Limited (5.3%). Holdings are disclosed monthly and change over time.

Q: How risky is Motilal Oswal Consumption Fund?

Motilal Oswal Consumption Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 17.6% and its worst peak-to-trough fall in our sample was -20.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of Motilal Oswal Consumption Fund?

Motilal Oswal Consumption Fund is benchmarked against the Nifty India Consumption TRI (Total Return Index). Its alpha and beta on this page are measured against that index.

Q: Who manages Motilal Oswal Consumption Fund?

Motilal Oswal Consumption Fund is managed by Aliasgar Shakir, Varun Sharma, Rakesh Shetty and Swapnil Mayekar at Motilal Oswal.

Q: How is Motilal Oswal Consumption Fund taxed?

Motilal Oswal Consumption 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.

Motilal Oswal Mutual Fund · Best Sectoral & Thematic Mutual Funds

NAV

₹10.88

-1.74% 1D

as of 01 Oct 2026

This is the Regular plan of Motilal Oswal Consumption 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.

Compare SIP calculator

Performance

+7.98%absolute

52-week rangePrev NAV ₹11.07

Latest ₹10.88

Low ₹8.0384th percentile of its 52-week rangeHigh ₹11.42

Scorecard

Not rated

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. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.

Performance—

Not enough Sectoral/ Thematic peers to rank yet

RiskHigh

Volatility 17.6% vs 15.6% category avg

CostAverage

2.3% expense vs 2.5% 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 Sectoral/ Thematic average on 1M/3M/6M

Concerns

More volatile than its Sectoral/ Thematic peers (17.6% vs 15.6%)

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.33%

Category 2.47%▼0.14%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

48.14

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category 0.34

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

1% - If redeemed within 3 months from the day of allotment. Nil - If redeemed after 3 months from the date of allotment.

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

—

Smallest recurring SIP instalment the scheme accepts

—

Smallest one-time (lumpsum) investment the scheme accepts

₹500

Nifty India Consumption TRI (Total Return Index)

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

29 Oct 2025

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

Definitions

Absolute return over the last 1 month (not annualized)

-2.62%

Absolute return over the last 3 months (not annualized)

+8.89%

Absolute return over the last 6 months (not annualized)

+32.43%

Absolute return since 1 Jan of this year (not annualized)

+11.07%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

—

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+7.98%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

17.59%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-20.29%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

—

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

—

How much of the fund's movement Nifty 500 TRI explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

Fund's share of benchmark gains in up months (100 = matches index)

—

Fund's share of benchmark losses in down months (lower is better)

—

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Sectoral/ Thematic)

Period	Fund	Category avg.	Diff
1M abs	-2.62%	-5.15%	+2.53%
3M abs	+8.89%	-2.39%	+11.28%
6M abs	+32.43%	+10.72%	+21.71%
1Y CAGR	—	+2.26%	—
3Y CAGR	—	+12.15%	—
5Y CAGR	—	+11.03%	—

Category average across peers in Sectoral/ Thematic (254 of 255 carry a figure for at least one period), 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.

Backtest this fund

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

Monthly investment (₹)

Period

Invested

₹1.10L

Current value

₹1.24L

Absolute

+12.83%

XIRR

+32.60%

Value vs. invested

ValueInvested

11 monthly installments of ₹10,000 into Motilal Oswal Consumption 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 500 TRI	Diff
2026part	+11.07%	-7.18%	+18.25%
2025part	-2.79%	—	—

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.

History points

230

Expense ratio

2.33%

AUM

₹1,023Cr

Portfolio turnover

87%

Exit load

1% - If redeemed within 3 months from the day of allotment. Nil - If redeemed after 3 months from the date of allotment.

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

48.1

P/B ratio

12.3

Avg market cap

₹1,61,988Cr

P/E & P/B are portfolio-weighted harmonic means across 24 of 33 equity holdings (79% 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.

Peer comparison · Sectoral/ Thematic

Compare all


Motilal Oswal Consumption FundThis fund Motilal Oswal · Regular · Growth	—	—	—	—	—	2.33%	₹1,023Cr
Nippon India Taiwan Equity Fund Nippon India · Regular · Growth	★★★★☆	+118.60%	+60.45%	—	—	2.34%	₹1,110Cr
HDFC Defence Fund HDFC · Regular · Growth	★★★★☆	+21.45%	+34.62%	—	—	1.79%	₹9,371Cr
HDFC Pharma and Healthcare Fund HDFC · Regular · Growth	★★★★★	+25.19%	+28.72%	—	—	2.11%	₹2,282Cr
Franklin Asian Equity Fund Franklin Templeton · Regular · Growth	★★★☆☆	+32.21%	+22.88%	+8.49%	—	2.47%	₹720.84Cr
Aditya Birla Sun Life International Equity Fund Aditya Birla Sun Life · Regular · Growth	★★★★☆	+17.38%	+21.97%	+12.58%	—	2.54%	₹320.62Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap35.6%
Mid cap14.0%
Small cap50.4%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity95.38%
Cash & Equivalents4.62%

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

Bharti Airtel Limited

6.98%

Sky Gold And Diamonds Limited

5.79%

Eternal Limited

5.62%

Kalyan Jewellers India Limited

5.50%

Healthcare Global Enterprises Limited

5.27%

One 97 Communications Limited

5.21%

Mahindra & Mahindra Limited

4.74%

SPR Auto Technologies Ltd

3.43%

Leap India Private Limited

3.34%

Wework India Management Limited

3.22%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Mahindra Manulife Consumption Fund Mahindra Manulife · Sectoral/ Thematic	34.3%	★★★☆☆	1.09%	+8.39%
Union Consumption Fund Union · Sectoral/ Thematic	33.9%	—	1.37%	—
HSBC Consumption Fund HSBC · Sectoral/ Thematic	30.4%	★★★☆☆	0.88%	+14.31%
Aditya Birla Sun Life Consumption Fund Aditya Birla Sun Life · Sectoral/ Thematic	30.1%	★★★☆☆	0.97%	+7.14%
Baroda BNP Paribas India Consumption Fund Baroda BNP Paribas · Sectoral/ Thematic	29.8%	★★★☆☆	0.95%	+8.23%
Sundaram Consumption Fund Sundaram · Sectoral/ Thematic	27.8%	★★☆☆☆	1.67%	+7.48%
Nippon India ETF Nifty India Consumption Nippon India · Other ETFs	27.8%	—	0.31%	+9.30%
SBI Nifty India Consumption Index Fund SBI · Index Funds	27.8%	★☆☆☆☆	0.43%	—

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

1 holding — 1.46% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

Milky Mist Dairy Food LimitedLong-term · Stage IV1.46%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-20.3%04 Nov 2025 → 23 Mar 2026
Fell over 5 months, back to the old high on 02 Jul 2026 — 3 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹1,023Cr

April - June 2026

-3%

since January - March 2026

−₹44.40Cr

est. net flow, last quarter

At or near its largest, ₹1,055Cr 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.

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

ASAliasgar ShakirManaging since 29 Oct 2025

Education

PGe MBA in Finance and Insurance

Experience

• Mr. Aliasgar Shakir brings over 20 years of distinguished experience in equity research, investment analysis, and capital markets, with a strong focus on consumer, telecom, and media sectors. Currently, Mr. Shakir was associated with Motilal Oswal Mutual Fund as handling Research activities, where he was focusing on research on both discretionary and non- discretionary consumer sectors. • Prior to he was associated with Motilal Oswal Institutional Equities as Senior Group Vice President saw him lead coverage across Telecom, Media (Broadcasting, Distribution, Print, and Radio), and Retail (apparel, grocery, footwear, and QSRs), with approximately 25 companies under active coverage. Mr. Shakir’s professional journey includes global exposure through roles at Elara Capital Institutional Equities and Netscribes India Pvt Ltd, Mumbai.

All schemes Aliasgar Shakir runs →

VSVarun SharmaManaging since 23 Oct 2025

Education

• CFA Level 2 PGDM from Indian Institute of Management – Kolkata

Experience

• Mr. Varun Sharma has an impressive career with over 15 years of extensive experience in Investment Management. • Mr. Sharma’s professional journey includes significant tenures at esteemed organizations such as ICICI Securities and Franklin Templeton Asset Management Company. • Prior to his current role at MOAMC, Mr. Sharma dedicated more than a decade of his expertise to Franklin Templeton, where he excelled as a Fund Manager.

Funds managed (10)

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RSRakesh ShettyManaging since 23 Oct 2025

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

Varun Sharma Rakesh Shetty Swapnil Mayekar

Top holdings

Bharti Airtel Limited Sky Gold And Diamonds Limited Eternal Limited Kalyan Jewellers India Limited Healthcare Global Enterprises Limited One 97 Communications Limited Mahindra & Mahindra Limited SPR Auto Technologies Ltd Leap India Private Limited Wework India Management Limited Shaily Engineering Plastics Limited TVS Motor Company Limited

Motilal Oswal in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add 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 Sectoral & Thematic funds

Sectoral and thematic funds must keep at least 80% in the equity of one sector (banking, pharma, technology) or one theme (consumption, manufacturing, ESG). That concentration is the point and the risk: with no mandate to diversify away from the sector, the fund rises and falls with it.

Frequently asked questions

What is the NAV of Motilal Oswal Consumption Fund?

As of 01 Oct 2026, the NAV of Motilal Oswal Consumption Fund is ₹10.88 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Motilal Oswal Consumption Fund delivered?

Motilal Oswal Consumption Fund has returned +7.98% 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 Consumption Fund?

Motilal Oswal Consumption Fund charges an expense ratio of 2.33% 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 Consumption Fund?

Motilal Oswal Consumption Fund's largest holdings are Bharti Airtel Limited (7.0%), Sky Gold And Diamonds Limited (5.8%), Eternal Limited (5.6%), Kalyan Jewellers India Limited (5.5%) and Healthcare Global Enterprises Limited (5.3%). Holdings are disclosed monthly and change over time.

How risky is Motilal Oswal Consumption Fund?

Motilal Oswal Consumption Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 17.6% and its worst peak-to-trough fall in our sample was -20.3%. 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 Consumption Fund?

Motilal Oswal Consumption Fund is benchmarked against the Nifty India Consumption TRI (Total Return Index). Its alpha and beta on this page are measured against that index.

Who manages Motilal Oswal Consumption Fund?

Motilal Oswal Consumption Fund is managed by Aliasgar Shakir, Varun Sharma, Rakesh Shetty and Swapnil Mayekar at Motilal Oswal.

How is Motilal Oswal Consumption Fund taxed?

Motilal Oswal Consumption 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.