Axis Value Fund vs Motilal Oswal Contra Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Value Fund and Motilal Oswal Contra Fund are both Value and Contra funds. Axis Value Fund charges 0.88% a year and Motilal Oswal Contra Fund 2.18% (Direct plans). Their portfolios overlap 23.3%: they hold 11 of the same securities.
Which is better, Axis Value or Motilal Oswal Contra? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Axis Value costs less: 0.88% a year against 2.18% (Direct plans).
- Axis Value fell less in its worst fall since 04-06-2026: −8.7% against −9.1%.
- Axis Value is the larger fund: ₹1,836 Cr against ₹407 Cr.
- Their portfolios overlap 23.3%: 11 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Axis Value Fund | Motilal Oswal Contra Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Value and Contra | Value and Contra |
| AUM | ₹1,836 Cr (30-09-2026) | ₹407 Cr (30-09-2026) |
| NAV | ₹20.68 (Direct) | ₹10.21 (Direct) |
| Expense ratio (Direct) | 0.88% | 2.18% |
| Expense ratio (Regular) | 2.22% | 3.85% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty 500 TRI | Not available |
| Launch date | 22-09-2021 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Nitin Arora, Krishnaa N | Not available |
| Exit load | Exit Load for units in excess of 20% of the investment,1% will be charged for redemption within 12 months. | Not available |
Axis Value vs Motilal Oswal Contra: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Axis Value Fund (Direct) | −0.67% | −2.13% | +3.50% | +1.22% | +17.74% | +14.91% | -- |
| Motilal Oswal Contra Fund (Direct) | −1.53% | −2.15% | -- | -- | -- | -- | -- |
| Value and Contra average | −2.09% | −5.76% | -- | -- | -- | -- | -- |
Category average: the average of the 30 Value and Contra funds, same plan type.
Axis Value vs Motilal Oswal Contra: Year-wise Returns
| Year | Axis ValueAxis Value | Motilal Oswal ContraMotilal Oswal Contra | Nifty 500 TRI |
|---|---|---|---|
| 2026to date | +0.88% | -- | −7.51% |
| 2025 | +6.44% | -- | +7.76% |
| 2024 | +29.70% | -- | +16.24% |
| 2023 | +42.11% | -- | +26.91% |
| 2022 | +0.48% | -- | +4.25% |
Axis Value vs Motilal Oswal Contra: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of both
Axis Value vs Motilal Oswal Contra: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Value Fund (Direct) | Motilal Oswal Contra Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.35% | +4.95% |
| Standard deviation | 14.41% | 13.40% |
| Sharpe ratio | 0.67 | -0.02 |
| Sortino ratio | 0.90 | -0.03 |
| Maximum drawdown | −20.2% (20-06-2022) | −9.1% (23-10-2026) |
| Beta | 0.96 | 0.89 |
| Alpha | +6.80% | +8.97% |
From daily NAVs, 28-09-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Axis Value Fund (Direct)
Motilal Oswal Contra Fund (Regular)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Value Fund (Direct) | −8.7% | 31-08-2026 | 23-10-2026 | Not yet | -- | −6.0% |
| Motilal Oswal Contra Fund (Regular) | −9.1% | 11-09-2026 | 23-10-2026 | Not yet | -- | −6.5% |
| Nifty 500 TRI | −9.9% | 03-08-2026 | 23-10-2026 | Not yet | -- | −7.9% |
From daily values since 04-06-2026, the first day every fund has.
Axis Value vs Motilal Oswal Contra: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Value Fund, September 2026; Motilal Oswal Contra Fund, September 2026
Holdings in common
- Overlap
- 23.3%
- Held by both
- 11
- Only in Axis Value
- 75
- Only in Motilal Oswal Contra
- 24
| Security | % of Axis Value | % of Motilal Oswal Contra |
|---|---|---|
| ICICI Bank Limited | 5.28% | 5.39% |
| HDFC Bank Limited | 4.54% | 3.86% |
| Shriram Finance Limited | 2.43% | 2.01% |
| State Bank of India | 2.19% | 1.94% |
| Torrent Pharmaceuticals Limited | 1.81% | 2.46% |
| Tech Mahindra Limited | 1.64% | 2.25% |
| Multi Commodity Exchange of India Limited | 1.61% | 1.91% |
| RBL Bank Limited | 1.59% | 2.90% |
| Bajaj Finance Limited | 1.45% | 1.98% |
| Kotak Mahindra Bank Limited | 1.19% | 3.05% |
| Samvardhana Motherson International Limited | 0.89% | 2.81% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 23.3% means 23.3% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Axis Value Fund
| Security | % of fund |
|---|---|
| Reliance Industries Limited | 3.22% |
| Welspun Corp Limited | 2.53% |
| Bharti Airtel Limited | 2.41% |
| Sona BLW Precision Forgings Limited | 2.29% |
| NTPC Limited | 2.20% |
Largest holdings only in Motilal Oswal Contra Fund
| Security | % of fund |
|---|---|
| Solar Industries India Limited | 5.63% |
| ABB India Limited | 5.21% |
| Bosch Limited | 4.76% |
| Divi's Laboratories Limited | 4.65% |
| UNO Minda Limited | 3.69% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Value | Motilal Oswal Contra |
|---|---|---|
| Equity | 93.0% | 93.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 7.0% | 6.3% |
Market cap of stocks
| Market cap | Axis Value | Motilal Oswal Contra |
|---|---|---|
| Large Cap | 57.1% | 47.2% |
| Mid Cap | 15.3% | 18.0% |
| Small Cap | 19.5% | 21.2% |
| Not on AMFI's list | 1.1% | 7.2% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Axis Value | Motilal Oswal Contra |
|---|---|---|
| Banks | 21.4% | 17.1% |
| Auto Components | 6.6% | 12.9% |
| Pharmaceuticals & Biotechnology | 5.6% | 9.7% |
| Electrical Equipment | 7.1% | 7.4% |
| Capital Markets | 1.6% | 7.2% |
| Finance | 7.1% | 6.4% |
| Automobiles | 5.5% | 1.5% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Value vs Motilal Oswal Contra: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Value Fund | Motilal Oswal Contra Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.88% | 2.18% |
| Base expense ratio (Direct) | 0.60% | 0.61% |
| Total expense ratio (Regular) | 2.22% | 3.85% |
| Base expense ratio (Regular) | 1.78% | 2.10% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Axis Value Fund vs Motilal Oswal Contra Fund: Frequently Asked Questions
What is the difference between Axis Value Fund and Motilal Oswal Contra Fund?
Both are Value and Contra funds, run by Axis Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 23.3%. Axis Value Fund charges 0.88% a year and Motilal Oswal Contra Fund 2.18%.
Which has the lower expense ratio, Axis Value Fund or Motilal Oswal Contra Fund?
Axis Value Fund charges less: 0.88% a year against 2.18%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Value Fund and Motilal Oswal Contra Fund overlap?
23.3%. They hold 11 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, SHRIRAMFIN. From each fund's latest monthly portfolio.
Can I invest in both Axis Value Fund and Motilal Oswal Contra Fund?
Yes. 23.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.