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Motilal Oswal Contra Fund

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

As of 20 Aug 2026, the NAV of Motilal Oswal Contra Fund is ₹10.47 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Motilal Oswal Contra Fund delivered?

Motilal Oswal Contra Fund has returned +5.31% 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 Contra Fund?

Motilal Oswal Contra Fund charges an expense ratio of 2.34% 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 Contra Fund?

Its largest holdings are VA Tech Wabag Ltd (5.8%), ICICI Bank Ltd (5.6%), Schneider Electric Infrastructure Ltd (5.1%), Sun Pharmaceutical Industries Ltd (5.0%) and HDFC Asset Management Company Ltd (4.9%). Holdings are disclosed monthly and change over time.

Q: How risky is Motilal Oswal Contra Fund?

It is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 11.2% and its worst peak-to-trough fall in our sample was -2.4%. 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 Contra Fund?

Motilal Oswal Contra Fund is benchmarked against the Nifty 500 Total Return Index. Its alpha and beta on this page are measured against that index.

Q: Who manages Motilal Oswal Contra Fund?

Motilal Oswal Contra Fund is managed by Ankit Agarwal and Varun Sharma at Motilal Oswal.

Q: How is Motilal Oswal Contra Fund taxed?

Motilal Oswal Contra 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 Contra Mutual Funds

NAV

₹10.47

+0.55% 1D

as of 20 Aug 2026

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Performance

+5.31%absolute

52-week rangePrev NAV ₹10.41

Latest ₹10.47

Low ₹9.8077th percentile of its 52-week rangeHigh ₹10.67

Key Metrics

Annual fee charged by the fund, already deducted from NAV

Category —

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

Category —

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

—

Category —

Scheme Info

Definitions

Plan

Direct · Growth

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

Exit Load

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

Benchmark

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.

04 Jun 2026

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

Definitions

Absolute return over the last 1 month (not annualized)

-0.45%

Absolute return over the last 3 months (not annualized)

+5.31%

Absolute return over the last 6 months (not annualized)

—

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

+5.31%

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 fund's inception

+5.31%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

11.15%

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

-2.41%

Benchmark ratios (vs Nifty 500 · 36 monthly returns)

Definitions

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

—

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

—

How much of the fund's movement Nifty 500 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)

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

—

Computed vs the Nifty 500 price index — the closest match to this fund's mandate. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Contra Fund)

Period	Fund	Category avg.	Diff
1M abs	-0.45%	—	—
3M abs	+5.31%	—	—
6M abs	—	—	—
1Y CAGR	—	—	—
3Y CAGR	—	—	—
5Y CAGR	—	—	—

Category average across peers in Contra Fund (up to 3 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.

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

₹20.00K

Current value

₹19.96K

Absolute

-0.22%

XIRR

-4.72%

Value vs. invested

2 monthly installments of ₹10,000 into Motilal Oswal Contra Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

History points

Expense ratio

AUM

Portfolio turnover

Exit load

P/E ratio

P/B ratio

Avg market cap

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 · Contra Fund

Compare all


Motilal Oswal Contra FundThis fund Motilal Oswal	—	—	—	—	27.32	2.34%	₹98.62Cr
Kotak Contra Fund Kotak Mahindra	★★★★☆ CAT	+3.95%	+17.85%	+16.25%	20.60	0.79%	₹5,086Cr
Invesco India Contra Fund Invesco	★★★★☆ CAT	+2.16%	+17.20%	+15.20%	26.61	0.77%	₹19,492Cr
SBI Contra Fund SBI	★★★★☆ CAT	-0.01%	+13.38%	+17.53%	16.51	0.83%	₹45,949Cr
Kotak Contra Fund - Direct Plan - IDCW - Payout & Re-investment Kotak Mahindra	★★★★☆ CAT	+3.95%	+17.85%	+16.25%	20.60	0.77%	₹5,331Cr
Kotak Contra Fund - Regular Plan - IDCW - Payout & Re-investment Kotak Mahindra	★★★☆☆ CAT	+2.64%	+16.33%	+14.72%	20.60	—	₹5,331Cr

Market-cap allocation · AMFI bands, Jul 2026

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

Large cap52.3%
Mid cap19.1%
Small cap28.6%

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.

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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 Contra funds

Contra funds take contrarian bets — buying out-of-favour stocks or sectors the market has written off, wagering on a turnaround. The approach can be early and needs time to play out.

Frequently asked questions

What is the NAV of Motilal Oswal Contra Fund?

As of 20 Aug 2026, the NAV of Motilal Oswal Contra Fund is ₹10.47 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Motilal Oswal Contra Fund delivered?

Motilal Oswal Contra Fund has returned +5.31% 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 Contra Fund?

Motilal Oswal Contra Fund charges an expense ratio of 2.34% 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 Contra Fund?

Its largest holdings are VA Tech Wabag Ltd (5.8%), ICICI Bank Ltd (5.6%), Schneider Electric Infrastructure Ltd (5.1%), Sun Pharmaceutical Industries Ltd (5.0%) and HDFC Asset Management Company Ltd (4.9%). Holdings are disclosed monthly and change over time.

How risky is Motilal Oswal Contra Fund?

It is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 11.2% and its worst peak-to-trough fall in our sample was -2.4%. 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 Contra Fund?

Motilal Oswal Contra Fund is benchmarked against the Nifty 500 Total Return Index. Its alpha and beta on this page are measured against that index.

Who manages Motilal Oswal Contra Fund?

Motilal Oswal Contra Fund is managed by Ankit Agarwal and Varun Sharma at Motilal Oswal.

How is Motilal Oswal Contra Fund taxed?

Motilal Oswal Contra 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.