Motilal Oswal Midcap Fund
The investment objective of the Scheme is to achieve long term capital appreciation by investing in quality mid-cap companies having long-term competitive advantages and potential for growth. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.Read more
AMC websiteScheme documentsNAV history (AMFI)हिंदी में
- Current NAV₹46.8913
- Fund Size (AUM)₹ 40,208 Cr.
- Expense Ratio0.93 %
- 1Y Return-11.29%
- 3Y Return (CAGR)+9.45%
- 5Y Return (CAGR)+10.75%
- Category Rank (3Y)—
- RiskometerVery High Risk
- Min. SIP / Lump sum₹ 500 / ₹ 500
More figures (11)
- Since Launch (CAGR)+12.99%
- BenchmarkNifty Midcap 150
- Volatility (3Y)18.84 %
- Sharpe Ratio (3Y)0.16
- Beta (3Y)0.89
- 52-week High / Low₹52.9355 / ₹37.9149
- Max Drawdown-48.9 %
- Launched24 Feb 2014
- Lock-inNone
- Portfolio Turnover84 %
- Fund ManagersVarun Sharma, Swapnil Mayekar, Ajay Khandelwal +2
Performance chart
Benchmark: Nifty Midcap 150 price index (excludes dividends, so it slightly understates the index's total return). Past performance may or may not be sustained in future.
Quick take
- Over 5 years it returned 10.8% a year, against Nifty Midcap 150 12.4%.
- Volatility over 3 years was 18.8% a year (Nifty Midcap 150: 17.3%), with a Sharpe ratio of 0.16.
- Its biggest fall from a peak was 48.9% (5 Jan 2018 to 23 Mar 2020).
- It did better than the Nifty Midcap 150 in 2 of the last 6 calendar years.
- Across all 3-year periods since launch, yearly returns ranged from -15.8% to 31.6% and were positive 84% of the time.
- Expense ratio 0.93%, fund size ₹40,208 crore.
Pros
AI- Long track record of 12.6 years since 25 Feb 2014.
Cons
AI- Behind the Nifty Midcap 150 by 1.7 points a year over 5 years (10.8% against 12.4%).
- Returns were negative in 16% of all 3-year periods since launch.
- Fell more than the benchmark in falling months: down-market capture of 119% over 3 years.
- Beat the Nifty Midcap 150 in only 21% of rolling 3-year periods.
Pros and cons are generated automatically from the scheme's published figures. They are observations about past data, not a recommendation to invest, switch or redeem.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language.
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Book a free consultation Compare with other fundsReturns vs benchmark and category
| Returns (%) | 1W | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | +0.01% | -2.20% | +0.60% | +8.07% | -5.88% | -11.29% | -10.11% | +9.45% | +10.75% | +13.34% | +7.82% | +12.99% |
| Nifty Midcap 150 | +0.62% | -2.83% | -5.74% | -0.20% | -2.42% | -0.75% | -0.79% | +12.74% | +12.42% | +20.79% | — | +17.42% |
Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Regular Growth plans in Mid Cap Funds. Q1 = top quarter by return over that period.
Calendar-year returns
| Year | 2026 YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | -5.88% | -16.91% | +48.57% | +33.21% | +4.51% | +34.33% | +2.92% | +0.72% | -19.35% | +29.76% | +0.52% |
| Nifty Midcap 150 | -2.42% | +5.37% | +23.80% | +43.68% | +2.96% | +46.81% | +24.38% | — | — | — | — |
| Difference | -3.46% | -22.28% | +24.77% | -10.47% | +1.55% | -12.48% | -21.46% | — | — | — | — |
January to December each year; the current year is to date.
Month-by-month returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -6.9 | -3.2 | -15.6 | 12.8 | 1.4 | 2.1 | 6.7 | 6.6 | -7.4 | 0.5 | |||
| 2025 | -14.5 | -7.7 | -2.0 | 2.2 | 5.5 | 5.0 | -2.5 | 0.1 | -3.1 | 5.4 | -0.5 | -4.3 | -16.9 |
| 2024 | 3.5 | 3.6 | -3.3 | 4.8 | 0.5 | 14.8 | 5.1 | 1.7 | 5.6 | -4.2 | 5.4 | 3.9 | 48.6 |
| 2023 | -0.8 | 0.8 | -8.9 | 4.2 | 8.7 | 4.4 | 1.8 | 5.7 | 0.2 | -0.9 | 9.4 | 5.8 | 33.2 |
| 2022 | -0.1 | -5.0 | -3.0 | 3.5 | -5.8 | -3.3 | 11.3 | 5.4 | 4.7 | 1.4 | -0.4 | -2.9 | 4.5 |
| 2021 | -0.3 | 10.9 | -14.3 | 0.3 | 5.2 | 3.8 | 6.1 | 4.9 | 6.8 | 2.9 | 1.3 | 4.5 | 34.3 |
| 2020 | 6.0 | -2.8 | -35.0 | 7.3 | -3.2 | 9.3 | 4.5 | 7.7 | 2.6 | 0.6 | 11.5 | 4.6 | 2.9 |
| 2019 | -5.2 | 1.4 | -1.7 | -0.7 | -0.2 | -0.2 | -8.3 | 3.7 | 8.5 | 2.4 | 0.6 | 1.3 | 0.7 |
| 2018 | -7.1 | -2.4 | -9.6 | 5.1 | -1.8 | -2.2 | 5.1 | 4.9 | -13.3 | -2.8 | 1.0 | 3.9 | -19.4 |
| 2017 | 5.4 | 3.6 | 1.9 | 5.8 | -3.1 | 0.7 | 2.4 | -1.0 | -0.3 | 1.5 | 5.0 | 4.8 | 29.8 |
Change in NAV from the last business day of one month to the last business day of the next. Positive in 74 of 118 months shown (63%). "Year" is shown for complete calendar years.
Risk and consistency
| Risk measure | 3 years | 5 years |
|---|---|---|
| Volatility (standard deviation) ? | 18.84% | 18.27% |
| Nifty Midcap 150 volatility ? | 17.29% | 16.94% |
| Sharpe ratio ? | 0.16 | 0.23 |
| Sortino ratio ? | 0.21 | 0.31 |
| Beta ? | 0.89 | 0.87 |
| Alpha (yearly) ? | -2.61% | -0.90% |
| R-squared ? | 0.67 | 0.65 |
| Up-market capture ? | 102.00% | 93.90% |
| Down-market capture ? | 118.80% | 98.30% |
| Maximum drawdown | -37.93% | -37.93% |
Rolling 3-year returns (yearly)
Rolling 5-year returns (yearly)
Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.
How it handled market falls
When the Nifty Midcap 150 fell more than 10%
| Fall (peak to bottom) | Nifty Midcap 150 | This fund | Difference | Fund, 1 year after bottom | Index, 1 year after bottom |
|---|---|---|---|---|---|
| 7 Jan 2026 → 30 Mar 2026 | -14.0% | -24.7% | -10.7 | — | — |
| 24 Sep 2024 → 28 Feb 2025 | -21.1% | -17.7% | +3.4 | -5.1% | 23.1% |
| 14 Dec 2022 → 28 Mar 2023 | -10.4% | -15.1% | -4.7 | 54.8% | 59.8% |
| 18 Oct 2021 → 20 Jun 2022 | -21.6% | -16.5% | +5.1 | 35.5% | 38.4% |
| 7 Feb 2020 → 23 Mar 2020 | -38.7% | -41.3% | -2.6 | 80.5% | 115.8% |
| 2 Apr 2019 → 22 Aug 2019 | -14.8% | -9.6% | +5.2 | 1.5% | 16.0% |
Every fall of more than 10% in the benchmark since the fund was launched, measured between the index's peak and bottom dates. "Difference" in percentage points: positive means the fund fell less.
Biggest falls in this fund's NAV
| Peak | Bottom | Fall | Back to the peak on | Time to recover |
|---|---|---|---|---|
| 5 Jan 2018 | 23 Mar 2020 | -48.9% | 14 Sep 2021 | 18 months |
| 16 Dec 2024 | 31 Mar 2026 | -37.9% | Not yet | — |
| 19 Aug 2015 | 25 Feb 2016 | -22.6% | 30 Aug 2016 | 6 months |
| 12 Jan 2022 | 17 Jun 2022 | -21.6% | 8 Sep 2022 | 3 months |
| 22 Sep 2022 | 28 Mar 2023 | -15.4% | 7 Jun 2023 | 2 months |
| 4 Oct 2016 | 26 Dec 2016 | -15.2% | 5 Apr 2017 | 3 months |
Falls of 5% or more from a previous high, deepest first. Time to recover runs from the bottom to the day the NAV regained its old high.
SIP returns: ₹10,000 every month
| SIP for | Invested | Value today | Gain | XIRR | Nifty Midcap 150 XIRR |
|---|---|---|---|---|---|
| 1Y | ₹1,20,000 | ₹1,19,756 | ₹-244 | -0.38% | -3.25% |
| 3Y | ₹3,60,000 | ₹3,56,328 | ₹-3,672 | -0.66% | +4.79% |
| 5Y | ₹6,00,000 | ₹7,39,451 | ₹1,39,451 | +8.29% | +12.89% |
| 10Y | ₹12,00,000 | ₹20,99,251 | ₹8,99,251 | +10.78% | — |
A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.
What your investment would be worth
Worked out from the scheme's weekly NAVs (instalments on the first NAV of each month), so it can differ slightly from your statement. Past performance may or may not be sustained in future. Plan a future SIP.
Compare with all Mid Cap Funds (33)
| S.No. | Scheme (Regular plans, Growth) | NAV ₹ | 1M % | 6M % | 1Y % | 3Y % CAGR | 5Y % CAGR | Expense ratio % | Fund size ₹ Cr | Riskometer |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Aditya Birla Sun Life Midcap FundAditya Birla Sun Life Mutual Fund | ₹806.5100 | — | — | — | — | — | — | — | — |
| 2. | Axis Midcap FundAxis Mutual Fund | ₹116.7700 | — | — | — | — | — | — | — | — |
| 3. | BANDHAN MID CAP FUNDBandhan Mutual Fund | ₹18.3340 | — | — | — | — | — | — | — | — |
| 4. | BANK OF INDIA MID CAP FUNDBank of India Mutual Fund | ₹10.1100 | — | — | — | — | — | — | — | — |
| 5. | Baroda BNP Paribas Mid Cap FundBaroda BNP Paribas Mutual Fund | ₹104.9640 | — | — | — | — | — | — | — | — |
| 6. | Canara Robeco Mid Cap FundCanara Robeco Mutual Fund | ₹17.6100 | — | — | — | — | — | — | — | — |
| 7. | DSP Midcap FundDSP Mutual Fund | ₹145.5620 | — | — | — | — | — | — | — | — |
| 8. | Edelweiss Mid Cap FundEdelweiss Mutual Fund | ₹103.0520 | — | — | — | — | — | — | — | — |
| 9. | Franklin India Mid Cap FundFranklin Templeton Mutual Fund | ₹2,660.25 | — | — | — | — | — | — | — | — |
| 10. | HDFC Mid Cap FundHDFC Mutual Fund | ₹199.2320 | — | — | — | — | — | — | — | — |
| 11. | Helios Mid Cap FundHelios Mutual Fund | ₹13.2100 | — | — | — | — | — | — | — | — |
| 12. | HSBC Midcap FundHSBC Mutual Fund | ₹446.4166 | — | — | — | — | — | — | — | — |
| 13. | ICICI Prudential Mid Cap FundICICI Prudential Mutual Fund | ₹320.3600 | — | — | — | — | — | — | — | — |
| 14. | Invesco India Mid Cap FundInvesco Mutual Fund | ₹186.2200 | — | — | — | — | — | — | — | — |
| 15. | ITI Mid Cap FundITI Mutual Fund | ₹21.8333 | — | — | — | — | — | — | — | — |
| 16. | JM Mid Cap FundJM Financial Mutual Fund | ₹20.0972 | — | — | — | — | — | — | — | — |
| 17. | Kotak Mid Cap FundKotak Mahindra Mutual Fund | ₹135.8760 | — | — | — | — | — | — | — | — |
| 18. | LIC MF Mid Cap FundLIC Mutual Fund | ₹29.1715 | — | — | — | — | — | — | — | — |
| 19. | Mahindra Manulife Mid Cap FundMahindra Manulife Mutual Fund | ₹33.7637 | — | — | — | — | — | — | — | — |
| 20. | Mirae Asset Midcap FundMirae Asset Mutual Fund | ₹37.8160 | — | — | — | — | — | — | — | — |
| 21. | Nippon India Growth Mid Cap FundNippon India Mutual Fund | ₹4,281.89 | — | — | — | — | — | — | — | — |
| 22. | PGIM India Midcap FundPGIM India Mutual Fund | ₹63.0600 | — | — | — | — | — | — | — | — |
| 23. | Quant Mid Cap Fundquant Mutual Fund | ₹212.8791 | — | — | — | — | — | — | — | — |
| 24. | Samco Mid Cap FundSamco Mutual Fund | ₹9.5200 | — | — | — | — | — | — | — | — |
| 25. | SBI MIDCAP FUNDSBI Mutual Fund | ₹229.8551 | — | — | — | — | — | — | — | — |
| 26. | Sundaram Mid Cap FundSundaram Mutual Fund | ₹1,403.84 | — | — | — | — | — | — | — | — |
| 27. | Tata Mid Cap FundTata Mutual Fund | ₹434.1506 | — | — | — | — | — | — | — | — |
| 28. | Taurus Mid Cap FundTaurus Mutual Fund | ₹127.0800 | — | — | — | — | — | — | — | — |
| 29. | The Wealth Company Mid Cap FundThe Wealth Company Mutual Fund | ₹9.3450 | — | — | — | — | — | — | — | — |
| 30. | TRUSTMF MID CAP FUNDTrust Mutual Fund | ₹11.6100 | — | — | — | — | — | — | — | — |
| 31. | Union Midcap FundUnion Mutual Fund | ₹49.8100 | — | — | — | — | — | — | — | — |
| 32. | UTI - Mid Cap FundUTI Mutual Fund | ₹300.1178 | — | — | — | — | — | — | — | — |
| 33. | WhiteOak Capital Mid Cap FundWhiteOak Capital Mutual Fund | ₹21.0660 | — | — | — | — | — | — | — | — |
| Median: 33 schemes | — | — | — | — | — | — | — | — | — |
Detailed comparison with another fund About Mid Cap Funds
Sorted by 3-year return; tap a heading to sort. Expense ratio and fund size are from published scheme data ("—" = not available yet). Sorting by past returns is a way to explore data, not a ranking of which fund to choose.
Scheme details
- Investment objective
- The investment objective of the Scheme is to achieve long term capital appreciation by investing in quality mid-cap companies having long-term competitive advantages and potential for growth. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
- Fund managers
- Varun Sharma, Swapnil Mayekar, Ajay Khandelwal, Ankit Agarwal, Rakesh Shetty
- Fund house
- Motilal Oswal Mutual Fund
- Category
- Mid Cap Funds · Equity
- Benchmark used here
- Nifty Midcap 150 (price index)
- Plan / option
- Regular · Growth
- AMFI scheme code
- 127044
- ISIN
- INF247L01460, INF247L01452
- Scheme documents
- SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.
About Mid Cap Funds
Mid Cap Funds invest at least 65% in mid-cap companies (the 101st to 250th largest listed companies). Mid caps can grow faster than large caps but are more volatile.
Generally used by investors with a long horizon (7+ years) who are comfortable with bigger swings.
Other plans of this scheme
Tax on your gains
Likely tax treatment: Equity-oriented fund
- Held 12 months or less: short-term gain taxed at 20%.
- Held over 12 months: long-term gain taxed at 12.5% on gains above ₹1.25 lakh a year (the ₹1.25 lakh exemption covers all your equity funds and shares together).
- Dividends (IDCW option) are added to your income and taxed at your slab rate; the fund deducts 10% TDS when they exceed ₹10,000 in a year.
- Switching from one scheme or plan to another counts as selling and buying.
- Surcharge and 4% health and education cess apply on top of these rates.
| Fund type | Short-term | Long-term |
|---|---|---|
| Equity-oriented | 20% (up to 12 months) | 12.5% above ₹1.25 lakh |
| Debt-oriented (bought from Apr 2023) | Slab rate | Slab rate |
| Gold, international, other hybrid | Slab rate | 12.5% (after 12 or 24 months) |
Exit load, if any, is set out in the scheme's KIM (scheme documents). Tax rules change from time to time and depend on your situation; please confirm with your tax adviser. This is general information, not tax advice.
Fund managers
From the scheme details published by the fund house. "Also manages" lists schemes we have on record and grows as more schemes are viewed.
Latest news: Motilal Oswal Mutual Fund
- Motilal Oswal Mutual Fund Launches Nifty Midcap150 Plus 8–13 Yr G-Sec 70:30 Index FundHubbis · 12 Oct
- Motilal Oswal MF launches hybrid index fund with 70% midcap and 30% G-Sec allocationCNBC TV18 · 12 Oct
- ‘Crude is not a spoil sport for India earnings, it may be a tailwind’: Motilal Oswal AMC CEO Prateek Agarwal - MarketsET Now · 7 Oct
- Could Oct be different for D-Street after heavy selling? Motilal Oswal AMC's Prateek Agrawal weighs inZee Business · 4 Oct
- NFO Update: Motilal Oswal Mutual Fund launches Nifty REITs & Realty index fundThe Economic Times · 24 Sep
- Motilal Oswal MF launches Nifty REITs & Realty Index Fund; NFO opens September 25Fortune India · 24 Sep
- NFO Alert: Motilal Oswal MF launches Motilal Oswal Nifty REITs & Realty Index Fund; check out detailsZee Business · 24 Sep
- Motilal Oswal Large and Midcap Fund: why 2025 was an off yearValue Research · 23 Sep
Headlines from Google News about this fund house and its schemes over the last 30 days. Lists of "best funds" and buy or sell calls are left out. Links open the publisher's site.
Questions about this scheme
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