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Motilal Oswal Nifty Metal ETF

Q: What is the NAV of Motilal Oswal Nifty Metal ETF?

As of 05 Oct 2026, the NAV of Motilal Oswal Nifty Metal ETF is ₹12.51 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Motilal Oswal Nifty Metal ETF delivered?

Motilal Oswal Nifty Metal ETF has returned -4.72% 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 Nifty Metal ETF?

Motilal Oswal Nifty Metal ETF charges an expense ratio of 4.67% 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 Nifty Metal ETF?

Motilal Oswal Nifty Metal ETF's largest holdings are Tata Steel Limited (17.9%), Hindalco Industries Limited (17.3%), JSW Steel Limited (14.4%), Adani Enterprises Limited (9.7%) and Vedanta Limited (5.5%). Holdings are disclosed monthly and change over time.

Q: How risky is Motilal Oswal Nifty Metal ETF?

Motilal Oswal Nifty Metal ETF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 19.7% and its worst peak-to-trough fall in our sample was -8.0%. 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 Nifty Metal ETF?

Motilal Oswal Nifty Metal ETF is benchmarked against the Nifty Metal Total Return Index The index mentioned as benchmark above, is an ideal benchmark for this scheme, since the. Its alpha and beta on this page are measured against that index.

Q: Who manages Motilal Oswal Nifty Metal ETF?

Motilal Oswal Nifty Metal ETF is managed by Swapnil Mayekar and Dishant Mehta at Motilal Oswal.

Q: How is Motilal Oswal Nifty Metal ETF taxed?

Motilal Oswal Nifty Metal ETF 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 Equity ETFs

NAV

₹12.51

+0.33% 1D

as of 05 Oct 2026

Compare SIP calculator

Performance

-4.72%absolute

52-week rangePrev NAV ₹12.46

Latest ₹12.51

Low ₹12.464th percentile of its 52-week rangeHigh ₹13.54

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 Equity ETF peers to rank yet

RiskHigh

Volatility 19.7% vs 16.8% category avg

CostHigh

4.7% expense vs 0.7% 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

No standout strengths identified.

Concerns

More volatile than its Equity ETF peers (19.7% vs 16.8%)
High expense ratio (4.67%) vs the Equity ETF average of 0.66%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

4.67%

Category 0.66%▲4.01%

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

13.67

Category 20.93▼7.26

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

—

Category 0.26

Scheme Info

Definitions

Plan

—

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

—

Exit Load

None

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

—

Nifty Metal Total Return Index The index mentioned as benchmark above, is an ideal benchmark for this scheme, since the

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.

06 Aug 2026

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

Definitions

Absolute return over the last 1 month (not annualized)

-6.09%

Absolute return over the last 3 months (not annualized)

—

Absolute return over the last 6 months (not annualized)

—

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

-4.72%

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.

-4.72%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

19.69%

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

-7.96%

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 (Equity ETF)

Period	Fund	Category avg.	Diff
1M abs	-6.09%	-5.21%	-0.88%
3M abs	—	-3.87%	—
6M abs	—	+5.97%	—
1Y CAGR	—	-0.61%	—
3Y CAGR	—	+11.60%	—
5Y CAGR	—	+9.62%	—

Category average across peers in Equity ETF (72 of 73 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

₹10.00K

Current value

₹10.00K

Absolute

0.00%

XIRR

+450.01%

Value vs. invested

ValueInvested

Pick a longer period to plot the path.

1 monthly installments of ₹10,000 into Motilal Oswal Nifty Metal ETF, valued at the latest NAV. XIRR annualizes for each installment’s timing.

History points

Expense ratio

4.67%

Exit load

NIL For details on load structure, please refer to Section on Load Structure in this Document.

P/E ratio

13.7

P/B ratio

2.9

Avg market cap

₹1,94,126Cr

P/E & P/B are portfolio-weighted harmonic means across 15 of 15 equity holdings (100% 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 · Equity ETF

Compare all


Motilal Oswal Nifty Metal ETFThis fund Motilal Oswal	—	—	—	—	13.67	4.67%	—
Aditya Birla Sun Life Silver ETF Aditya Birla Sun Life	★★★★☆	+52.36%	+47.61%	—	—	0.35%	₹3,026Cr
Aditya Birla Sun Life Gold ETF Aditya Birla Sun Life	★★★☆☆	+25.55%	+36.41%	+24.84%	—	0.44%	₹2,838Cr
Mirae Asset S&P 500 Top 50 ETF Mirae Asset	★★★★★	+19.24%	+29.33%	+19.90%	—	0.65%	—
Aditya Birla Sun Life Nifty Healthcare ETF Aditya Birla Sun Life	★★★★★	+11.80%	+19.57%	—	41.11	0.20%	₹76.55Cr
Axis NIFTY Healthcare ETF Axis	★★★★★	+11.61%	+19.17%	+12.21%	41.12	0.45%	₹21.69Cr

Market-cap allocation · AMFI bands, Jul 2026

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

Large cap67.8%
Mid cap32.2%
Small cap0.0%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity99.98%
Cash & Equivalents0.02%

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

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
ICICI Prudential Commodities Fund ICICI Prudential · Sectoral/ Thematic	33.9%	★★★★☆	1.04%	+14.09%
Kotak Nifty Commodities Index Fund Kotak Mahindra · Index Funds	28.1%	★★★☆☆	0.28%	—
DSP Natural Resources And New Energy Fund DSP · Sectoral/ Thematic	27.9% of 78% equity	★★★★☆	1.01%	+17.99%
SBI Comma Fund SBI · Sectoral/ Thematic	23.7%	★★★☆☆	1.24%	+14.61%
Baroda BNP Paribas Nifty200 Momentum 30 Index Fund Baroda BNP Paribas · Index Funds	19.0%	★★☆☆☆	1.02%	—
Mirae Asset Nifty200 Momentum 30 Plus 8-13yr G-Sec 75:25 Index Fund Mirae Asset · Hybrid Fund	18.7% of 75% equity	—	0.69%	—
UTI Nifty 200 Momentum 30 Index Fund UTI · Index Funds	18.6%	★★★☆☆	0.82%	+9.41%
Motilal Oswal Nifty 200 Momentum 30 Index Fund Motilal Oswal · Index Funds	18.6%	★★★☆☆	0.76%	+9.07%

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 — 3.68% 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.

Welspun Corp LimitedLong-term · Stage I3.68%

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.

-8.0%26 Aug 2026 → 01 Oct 2026
Still below that high — 36 days down, and no recovery yet.

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.

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

SMSwapnil MayekarStart date not disclosed

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 (58)

All schemes Swapnil Mayekar runs →

DMDishant MehtaStart date not disclosed

Experience

Mr. Dishant Mehta has more than 15 years of experience and expertise in Financial markets across different segment - Equities, Derivatives, Commoditi es and Currencies. Managed Institutional and Foreign Portfolio Investment clients. • He is associat ed with Motilal Oswal Asset Manage ment Compa ny Ltd. from Novem ber 2021 onward s as Passive Fund Dealer.

Funds managed (53)

All schemes Dishant Mehta runs →

Fund manager, benchmark and dealing terms from 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

Swapnil Mayekar Dishant Mehta

Top holdings

Tata Steel Limited Hindalco Industries Limited JSW Steel Limited Adani Enterprises Limited Vedanta Limited Jindal Steel Limited APL Apollo Tubes Limited National Aluminium Company Limited Welspun Corp Limited NMDC Limited Hindustan Zinc Limited Steel Authority of India 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.

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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 Equity ETFs

Equity ETFs track an equity index and trade on the exchange through the day, so you buy at a market price that can sit slightly above or below the fund's NAV. That is the trade-off against an index fund, which always transacts at NAV but only once a day.

Frequently asked questions

What is the NAV of Motilal Oswal Nifty Metal ETF?

As of 05 Oct 2026, the NAV of Motilal Oswal Nifty Metal ETF is ₹12.51 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Motilal Oswal Nifty Metal ETF delivered?

Motilal Oswal Nifty Metal ETF has returned -4.72% 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 Nifty Metal ETF?

Motilal Oswal Nifty Metal ETF charges an expense ratio of 4.67% 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 Nifty Metal ETF?

Motilal Oswal Nifty Metal ETF's largest holdings are Tata Steel Limited (17.9%), Hindalco Industries Limited (17.3%), JSW Steel Limited (14.4%), Adani Enterprises Limited (9.7%) and Vedanta Limited (5.5%). Holdings are disclosed monthly and change over time.

How risky is Motilal Oswal Nifty Metal ETF?

Motilal Oswal Nifty Metal ETF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 19.7% and its worst peak-to-trough fall in our sample was -8.0%. 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 Nifty Metal ETF?

Motilal Oswal Nifty Metal ETF is benchmarked against the Nifty Metal Total Return Index The index mentioned as benchmark above, is an ideal benchmark for this scheme, since the. Its alpha and beta on this page are measured against that index.

Who manages Motilal Oswal Nifty Metal ETF?

Motilal Oswal Nifty Metal ETF is managed by Swapnil Mayekar and Dishant Mehta at Motilal Oswal.

How is Motilal Oswal Nifty Metal ETF taxed?

Motilal Oswal Nifty Metal ETF 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.