Motilal Oswal BSE Enhanced Value Index Fund vs Motilal Oswal Nifty Oil & Gas ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Motilal Oswal BSE Enhanced Value Index Fund is an Index fund and Motilal Oswal Nifty Oil & Gas ETF is a mutual fund. Motilal Oswal BSE Enhanced Value Index Fund charges 0.55% a year and Motilal Oswal Nifty Oil & Gas ETF 5.14%. Their portfolios overlap 32.6%: they hold 7 of the same securities.
Motilal Oswal BSE Enhanced Value Index Fund
Index
- Expense ratio
- 0.55%
- NAV
- ₹25.38
Which is better, Motilal Oswal BSE Enhanced Value Index or Motilal Oswal Nifty Oil & Gas ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Motilal Oswal BSE Enhanced Value Index costs less: 0.55% a year against 5.14%.
- Motilal Oswal Nifty Oil & Gas ETF fell less in its worst fall since 06-08-2026: −8.8% against −10.6%.
- Motilal Oswal BSE Enhanced Value Index is the larger fund: ₹2,132 Cr against ₹1 Cr.
- Their portfolios overlap 32.6%: 7 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 | Motilal Oswal BSE Enhanced Value Index Fund | Motilal Oswal Nifty Oil & Gas ETF |
|---|---|---|
| Fund house | Motilal Oswal Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Index | Not available |
| AUM | ₹2,132 Cr (30-09-2026) | ₹1 Cr (30-09-2026) |
| NAV | ₹25.38 (Direct) | ₹10.32 |
| Expense ratio (Direct) | 0.55% | Not available |
| Expense ratio (Regular) | 1.16% | Not available |
| Riskometer | Very High | Not available |
| Benchmark | BSE Enhanced Value TRI | Not available |
| Launch date | 22-08-2022 | Not available |
| Minimum investment | ₹500 | Not available |
| Lock in | None | Not available |
| Fund managers | Swapnil Mayekar, Rakesh Shetty | Not available |
| Exit load | Yes | Not available |
Motilal Oswal BSE Enhanced Value Index vs Motilal Oswal Nifty Oil & Gas ETF: 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 |
|---|---|---|---|---|---|---|---|
| Motilal Oswal BSE Enhanced Value Index Fund (Direct) | −2.90% | −7.90% | −10.84% | −7.30% | +18.64% | -- | -- |
| Motilal Oswal Nifty Oil & Gas ETF | −2.92% | -- | -- | -- | -- | -- | -- |
Motilal Oswal BSE Enhanced Value Index vs Motilal Oswal Nifty Oil & Gas ETF: Year-wise Returns
| Year | BSE Enhanced Value IndexMotilal Oswal BSE Enhanced Value Index | Nifty Oil & Gas ETFMotilal Oswal Nifty Oil & Gas ETF |
|---|---|---|
| 2026to date | −10.62% | -- |
| 2025 | +21.74% | -- |
| 2024 | +19.95% | -- |
| 2023 | +60.38% | -- |
Motilal Oswal BSE Enhanced Value Index vs Motilal Oswal Nifty Oil & Gas ETF: Rolling Returns
Every holding period of both funds, against BSE Enhanced Value Index TRI, the benchmark of Motilal Oswal BSE Enhanced Value Index Fund
Motilal Oswal BSE Enhanced Value Index vs Motilal Oswal Nifty Oil & Gas ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Motilal Oswal BSE Enhanced Value Index Fund (Direct) | Motilal Oswal Nifty Oil & Gas ETF |
|---|---|---|
| Return (CAGR) | +23.70% | −32.43% |
| Standard deviation | 19.62% | 11.94% |
| Sharpe ratio | 0.89 | -3.15 |
| Sortino ratio | 1.21 | -3.65 |
| Maximum drawdown | −21.8% (28-02-2025) | −8.8% (12-10-2026) |
| Beta | 0.99 | 1.00 |
| Alpha | −0.97% | −0.33% |
From daily NAVs, 26-08-2022 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.
Motilal Oswal BSE Enhanced Value Index Fund (Direct)
Motilal Oswal Nifty Oil & Gas ETF
BSE Enhanced Value Index TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Motilal Oswal BSE Enhanced Value Index Fund (Direct) | −10.6% | 07-08-2026 | 23-10-2026 | Not yet | -- | −10.0% |
| Motilal Oswal Nifty Oil & Gas ETF | −8.8% | 07-08-2026 | 12-10-2026 | Not yet | -- | −8.8% |
| BSE Enhanced Value Index TRI | −10.7% | 07-08-2026 | 23-10-2026 | Not yet | -- | −10.1% |
From daily values since 06-08-2026, the first day every fund has.
Motilal Oswal BSE Enhanced Value Index vs Motilal Oswal Nifty Oil & Gas ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Motilal Oswal BSE Enhanced Value Index Fund, September 2026; Motilal Oswal Nifty Oil & Gas ETF, September 2026
Holdings in common
- Overlap
- 32.6%
- Held by both
- 7
- Only in Motilal Oswal BSE Enhanced Value Index
- 23
- Only in Motilal Oswal Nifty Oil & Gas ETF
- 8
| Security | % of Motilal Oswal BSE Enhanced Value Index | % of Motilal Oswal Nifty Oil & Gas ETF |
|---|---|---|
| Indian Oil Corporation Limited | 7.21% | 8.56% |
| Bharat Petroleum Corporation Limited | 7.18% | 10.33% |
| Oil & Natural Gas Corporation Limited | 6.99% | 14.88% |
| GAIL (India) Limited | 4.66% | 7.81% |
| Hindustan Petroleum Corporation Limited | 3.05% | 5.71% |
| Oil India Limited | 1.91% | 4.15% |
| Petronet LNG Limited | 1.61% | 3.62% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 32.6% means 32.6% 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 Motilal Oswal BSE Enhanced Value Index Fund
| Security | % of fund |
|---|---|
| Coal India Limited | 7.15% |
| State Bank of India | 6.97% |
| Tata Motors Passenger Vehicles Limited | 6.82% |
| Hindalco Industries Limited | 6.68% |
| Life Insurance Corporation Of India | 4.89% |
Largest holdings only in Motilal Oswal Nifty Oil & Gas ETF
| Security | % of fund |
|---|---|
| Reliance Industries Limited | 32.58% |
| Aegis Logistics Limited | 2.94% |
| Adani Total Gas Limited | 2.79% |
| Indraprastha Gas Limited | 1.73% |
| Castrol India Limited | 1.62% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Motilal Oswal BSE Enhanced Value Index | Motilal Oswal Nifty Oil & Gas ETF |
|---|---|---|
| Equity | 100.0% | 99.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.4% |
Market cap of stocks
| Market cap | Motilal Oswal BSE Enhanced Value Index | Motilal Oswal Nifty Oil & Gas ETF |
|---|---|---|
| Large Cap | 77.2% | 74.2% |
| Mid Cap | 17.2% | 16.3% |
| Small Cap | 5.5% | 9.2% |
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 | Motilal Oswal BSE Enhanced Value Index | Motilal Oswal Nifty Oil & Gas ETF |
|---|---|---|
| Petroleum Products | 17.4% | 60.0% |
| Banks | 25.6% | 0.0% |
| Gas | 6.3% | 19.9% |
| Oil | 8.9% | 19.8% |
| Finance | 8.0% | 0.0% |
| Consumable Fuels | 7.2% | 0.0% |
| Automobiles | 6.8% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Motilal Oswal BSE Enhanced Value Index vs Motilal Oswal Nifty Oil & Gas ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Motilal Oswal BSE Enhanced Value Index Fund | Motilal Oswal Nifty Oil & Gas ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.55% | Not available |
| Base expense ratio (Direct) | 0.35% | 0.00% |
| Total expense ratio (Regular) | 1.16% | Not available |
| Base expense ratio (Regular) | 0.90% | 0.35% |
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.
Motilal Oswal BSE Enhanced Value Index Fund vs Motilal Oswal Nifty Oil & Gas ETF: Frequently Asked Questions
What is the difference between Motilal Oswal BSE Enhanced Value Index Fund and Motilal Oswal Nifty Oil & Gas ETF?
Motilal Oswal BSE Enhanced Value Index Fund is an Index fund, Motilal Oswal Nifty Oil & Gas ETF is a mutual fund, run by Motilal Oswal Mutual Fund. Their portfolios overlap 32.6%. Motilal Oswal BSE Enhanced Value Index Fund charges 0.55% a year and Motilal Oswal Nifty Oil & Gas ETF 5.14%.
Which has the lower expense ratio, Motilal Oswal BSE Enhanced Value Index Fund or Motilal Oswal Nifty Oil & Gas ETF?
Motilal Oswal BSE Enhanced Value Index Fund charges less: 0.55% a year against 5.14%. These are the total expense ratios reported to AMFI.
How much do Motilal Oswal BSE Enhanced Value Index Fund and Motilal Oswal Nifty Oil & Gas ETF overlap?
32.6%. They hold 7 of the same securities, the largest shared ones being IOC, BPCL, ONGC. From each fund's latest monthly portfolio.
Can I invest in both Motilal Oswal BSE Enhanced Value Index Fund and Motilal Oswal Nifty Oil & Gas ETF?
Yes. 32.6% 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.