DSP Value Fund vs Motilal Oswal Contra Fund
Direct Plan, Growth option · Data as on 29-10-2026
DSP Value Fund and Motilal Oswal Contra Fund are both Value and Contra funds. DSP Value Fund charges 1.53% a year and Motilal Oswal Contra Fund 2.18% (Direct plans). Their portfolios overlap 14.6%: they hold 6 of the same securities.
Which is better, DSP 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.
- DSP Value costs less: 1.53% a year against 2.18% (Direct plans).
- DSP Value fell less in its worst fall since 04-06-2026: −7.1% against −9.1%.
- DSP Value holds 12.8% of the fund in foreign stocks; Motilal Oswal Contra 0.0%.
- DSP Value holds more in large companies: 62.0% of the fund in large caps against 47.2%.
- DSP Value is the larger fund: ₹2,225 Cr against ₹407 Cr.
- Their portfolios overlap 14.6%: 6 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 | DSP Value Fund | Motilal Oswal Contra Fund |
|---|---|---|
| Fund house | DSP Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Value and Contra | Value and Contra |
| AUM | ₹2,225 Cr (30-09-2026) | ₹407 Cr (30-09-2026) |
| NAV | ₹23.73 (Direct) | ₹10.21 (Direct) |
| Expense ratio (Direct) | 1.53% | 2.18% |
| Expense ratio (Regular) | 2.40% | 3.85% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty 500 TRI | Not available |
| Launch date | 10-12-2020 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Abhishek Singh, Kaivalya Nadkarni | Not available |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 months. | Not available |
DSP 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 |
|---|---|---|---|---|---|---|---|
| DSP Value Fund (Direct) | −0.43% | −4.38% | −1.65% | +0.33% | +16.31% | +12.31% | -- |
| 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.
DSP Value vs Motilal Oswal Contra: Year-wise Returns
| Year | DSP ValueDSP Value | Motilal Oswal ContraMotilal Oswal Contra | Nifty 500 TRI |
|---|---|---|---|
| 2026to date | −0.94% | -- | −7.33% |
| 2025 | +12.40% | -- | +7.76% |
| 2024 | +21.81% | -- | +16.24% |
| 2023 | +30.91% | -- | +26.91% |
| 2022 | −1.80% | -- | +4.25% |
| 2021 | +31.97% | -- | +31.60% |
DSP Value vs Motilal Oswal Contra: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of both
DSP 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 | DSP Value Fund (Direct) | Motilal Oswal Contra Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.82% | +4.95% |
| Standard deviation | 10.33% | 13.40% |
| Sharpe ratio | 1.01 | -0.02 |
| Sortino ratio | 1.40 | -0.03 |
| Maximum drawdown | −16.4% (20-06-2022) | −9.1% (23-10-2026) |
| Beta | 0.63 | 0.89 |
| Alpha | +5.42% | +8.97% |
From daily NAVs, 11-12-2020 to 29-10-2026. 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.
DSP 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 |
|---|---|---|---|---|---|---|
| DSP Value Fund (Direct) | −7.1% | 05-08-2026 | 08-10-2026 | 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.
DSP Value vs Motilal Oswal Contra: Portfolio Overlap
From each fund's latest monthly portfolio: DSP Value Fund, September 2026; Motilal Oswal Contra Fund, September 2026
Holdings in common
- Overlap
- 14.6%
- Held by both
- 6
- Only in DSP Value
- 41
- Only in Motilal Oswal Contra
- 29
| Security | % of DSP Value | % of Motilal Oswal Contra |
|---|---|---|
| ICICI Bank Limited | 8.22% | 5.39% |
| HDFC Bank Limited | 9.45% | 3.86% |
| Kotak Mahindra Bank Limited | 2.15% | 3.05% |
| State Bank of India | 2.02% | 1.94% |
| Kfin Technologies Limited | 0.67% | 1.59% |
| Bajaj Finance Limited | 0.55% | 1.98% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 14.6% means 14.6% 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 DSP Value Fund
| Security | % of fund |
|---|---|
| Mahindra & Mahindra Limited | 3.29% |
| NTPC Limited | 2.65% |
| Maruti Suzuki India Limited | 2.59% |
| HDFC Asset Management Co Limited | 2.57% |
| ITC Limited | 2.56% |
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 | DSP Value | Motilal Oswal Contra |
|---|---|---|
| Equity | 89.3% | 93.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 10.7% | 6.3% |
Market cap of stocks
| Market cap | DSP Value | Motilal Oswal Contra |
|---|---|---|
| Large Cap | 62.0% | 47.2% |
| Mid Cap | 10.7% | 18.0% |
| Small Cap | 3.8% | 21.2% |
| Foreign stocks | 12.8% | 0.0% |
| Not on AMFI's list | 0.0% | 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 | DSP Value | Motilal Oswal Contra |
|---|---|---|
| Banks | 24.3% | 17.1% |
| Auto Components | 0.8% | 12.9% |
| Pharmaceuticals & Biotechnology | 6.7% | 9.7% |
| Automobiles | 8.8% | 1.5% |
| Electrical Equipment | 0.7% | 7.4% |
| Capital Markets | 3.2% | 7.2% |
| Insurance | 6.9% | 0.0% |
| Finance | 1.1% | 6.4% |
| Telecom - Services | 4.4% | 0.0% |
| Power | 4.2% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
DSP Value vs Motilal Oswal Contra: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP Value Fund | Motilal Oswal Contra Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.53% | 2.18% |
| Base expense ratio (Direct) | 0.98% | 0.61% |
| Total expense ratio (Regular) | 2.40% | 3.85% |
| Base expense ratio (Regular) | 1.72% | 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
DSP Value Fund vs Motilal Oswal Contra Fund: Frequently Asked Questions
What is the difference between DSP Value Fund and Motilal Oswal Contra Fund?
Both are Value and Contra funds, run by DSP Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 14.6%. DSP Value Fund charges 1.53% a year and Motilal Oswal Contra Fund 2.18%.
Which has the lower expense ratio, DSP Value Fund or Motilal Oswal Contra Fund?
DSP Value Fund charges less: 1.53% a year against 2.18%. These are the Direct plans' total expense ratios reported to AMFI.
How much do DSP Value Fund and Motilal Oswal Contra Fund overlap?
14.6%. They hold 6 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, KOTAKBANK. From each fund's latest monthly portfolio.
Can I invest in both DSP Value Fund and Motilal Oswal Contra Fund?
Yes. 14.6% 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.