HDFC Value Fund vs Motilal Oswal Contra Fund
Direct Plan, Growth option · Data as on 30-10-2026
HDFC Value Fund and Motilal Oswal Contra Fund are both Value and Contra funds. HDFC Value Fund charges 1.11% a year and Motilal Oswal Contra Fund 2.18% (Direct plans). Their portfolios overlap 17.2%: they hold 8 of the same securities.
Which is better, HDFC 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.
- HDFC Value costs less: 1.11% a year against 2.18% (Direct plans).
- HDFC Value fell less in its worst fall since 04-06-2026: −7.9% against −9.1%.
- HDFC Value is the larger fund: ₹8,039 Cr against ₹407 Cr.
- Their portfolios overlap 17.2%: 8 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 | HDFC Value Fund | Motilal Oswal Contra Fund |
|---|---|---|
| Fund house | HDFC Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Value and Contra | Value and Contra |
| AUM | ₹8,039 Cr (30-09-2026) | ₹407 Cr (30-09-2026) |
| NAV | ₹848.85 (Direct) | ₹10.21 (Direct) |
| Expense ratio (Direct) | 1.11% | 2.18% |
| Expense ratio (Regular) | 1.88% | 3.85% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty 500 TRI | Not available |
| Launch date | 01-02-1994 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Anand Laddha, Gopal Agrawal, Bhagyesh Kagalkar | Not available |
| Exit load | In respect of each purchase / switch-in of units, an Exit Load of 0.25% is payable if Units are redeemed/ switched-out within 1 month from the date of allotment. No Exit Load is payable if Units are redeemed / switched-out after 1 month from the date of allotment. | Not available |
HDFC 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 |
|---|---|---|---|---|---|---|---|
| HDFC Value Fund (Direct) | −1.58% | −4.12% | +1.58% | −1.48% | +15.13% | +12.33% | +13.72% |
| 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.
HDFC Value vs Motilal Oswal Contra: Year-wise Returns
| Year | HDFC ValueHDFC Value | Motilal Oswal ContraMotilal Oswal Contra | Nifty 500 TRI |
|---|---|---|---|
| 2026to date | −1.84% | -- | −7.51% |
| 2025 | +9.51% | -- | +7.76% |
| 2024 | +21.73% | -- | +16.24% |
| 2023 | +30.73% | -- | +26.91% |
| 2022 | +4.58% | -- | +4.25% |
| 2021 | +36.87% | -- | +31.60% |
HDFC Value vs Motilal Oswal Contra: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of both
HDFC 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 | HDFC Value Fund (Direct) | Motilal Oswal Contra Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.36% | +4.95% |
| Standard deviation | 15.62% | 13.40% |
| Sharpe ratio | 0.60 | -0.02 |
| Sortino ratio | 0.80 | -0.03 |
| Maximum drawdown | −43.9% (23-03-2020) | −9.1% (23-10-2026) |
| Beta | 0.96 | 0.89 |
| Alpha | +2.76% | +8.97% |
From daily NAVs, 01-01-2013 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.
HDFC 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 |
|---|---|---|---|---|---|---|
| HDFC Value Fund (Direct) | −7.9% | 31-08-2026 | 23-10-2026 | Not yet | -- | −6.2% |
| 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.
HDFC Value vs Motilal Oswal Contra: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC Value Fund, September 2026; Motilal Oswal Contra Fund, September 2026
Holdings in common
- Overlap
- 17.2%
- Held by both
- 8
- Only in HDFC Value
- 72
- Only in Motilal Oswal Contra
- 27
| Security | % of HDFC Value | % of Motilal Oswal Contra |
|---|---|---|
| ICICI Bank Ltd. | 6.17% | 5.39% |
| HDFC Bank Ltd. | 4.56% | 3.86% |
| State Bank of India | 3.16% | 1.94% |
| Bosch Limited | 1.70% | 4.76% |
| Divis Laboratories Ltd. | 1.62% | 4.65% |
| Tech Mahindra Ltd. | 1.61% | 2.25% |
| Multi Commodity Exchange of India L | 1.02% | 1.91% |
| Lumino Industries Limited | 0.08% | 1.58% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 17.2% means 17.2% 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 HDFC Value Fund
| Security | % of fund |
|---|---|
| Axis Bank Ltd. | 3.20% |
| Bharti Airtel Ltd. | 2.84% |
| Larsen and Toubro Ltd. | 2.46% |
| Sun Pharmaceutical Industries Ltd. | 2.20% |
| Au Small Finance Bank Ltd. | 2.19% |
Largest holdings only in Motilal Oswal Contra Fund
| Security | % of fund |
|---|---|
| Solar Industries India Limited | 5.63% |
| ABB India Limited | 5.21% |
| UNO Minda Limited | 3.69% |
| ESDS Software Solution Ltd | 3.55% |
| Meesho Ltd | 3.09% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HDFC Value | Motilal Oswal Contra |
|---|---|---|
| Equity | 98.5% | 93.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.5% | 6.3% |
Market cap of stocks
| Market cap | HDFC Value | Motilal Oswal Contra |
|---|---|---|
| Large Cap | 56.6% | 47.2% |
| Mid Cap | 22.7% | 18.0% |
| Small Cap | 18.2% | 21.2% |
| Not on AMFI's list | 1.0% | 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 | HDFC Value | Motilal Oswal Contra |
|---|---|---|
| Banks | 21.9% | 17.1% |
| Auto Components | 4.7% | 12.9% |
| Pharmaceuticals & Biotechnology | 6.9% | 9.7% |
| Electrical Equipment | 1.8% | 7.4% |
| Capital Markets | 2.6% | 7.2% |
| Finance | 5.7% | 6.4% |
| IT - Software | 6.0% | 4.3% |
| Automobiles | 5.0% | 1.5% |
The six largest sectors of each fund's stocks, % of the fund.
HDFC Value vs Motilal Oswal Contra: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC Value Fund | Motilal Oswal Contra Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.11% | 2.18% |
| Base expense ratio (Direct) | 0.87% | 0.61% |
| Total expense ratio (Regular) | 1.88% | 3.85% |
| Base expense ratio (Regular) | 1.53% | 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
HDFC Value Fund vs Motilal Oswal Contra Fund: Frequently Asked Questions
What is the difference between HDFC Value Fund and Motilal Oswal Contra Fund?
Both are Value and Contra funds, run by HDFC Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 17.2%. HDFC Value Fund charges 1.11% a year and Motilal Oswal Contra Fund 2.18%.
Which has the lower expense ratio, HDFC Value Fund or Motilal Oswal Contra Fund?
HDFC Value Fund charges less: 1.11% a year against 2.18%. These are the Direct plans' total expense ratios reported to AMFI.
How much do HDFC Value Fund and Motilal Oswal Contra Fund overlap?
17.2%. They hold 8 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, SBIN. From each fund's latest monthly portfolio.
Can I invest in both HDFC Value Fund and Motilal Oswal Contra Fund?
Yes. 17.2% 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.