Motilal Oswal Contra Fund vs Union Largecap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Motilal Oswal Contra Fund is a Value and Contra fund and Union Largecap Fund is a Large Cap fund. Motilal Oswal Contra Fund charges 2.18% a year and Union Largecap Fund 1.68% (Direct plans). Their portfolios overlap 28.9%: they hold 14 of the same securities.
Which is better, Motilal Oswal Contra or Union Largecap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Union Largecap costs less: 1.68% a year against 2.18% (Direct plans).
- Union Largecap fell less in its worst fall since 04-06-2026: −9.1% against −9.1%.
- Union Largecap holds more in large companies: 83.0% of the fund in large caps against 47.2%.
- Union Largecap is the larger fund: ₹408 Cr against ₹407 Cr.
- Their portfolios overlap 28.9%: 14 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 Contra Fund | Union Largecap Fund |
|---|---|---|
| Fund house | Motilal Oswal Mutual Fund | Union Mutual Fund |
| Category | Value and Contra | Large Cap |
| AUM | ₹407 Cr (30-09-2026) | ₹408 Cr (30-09-2026) |
| NAV | ₹10.21 (Direct) | ₹23.73 (Direct) |
| Expense ratio (Direct) | 2.18% | 1.68% |
| Expense ratio (Regular) | 3.85% | 2.58% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | BSE 100 TRI |
| Launch date | Not available | 11-05-2017 |
| Minimum investment | Not available | ₹1,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Pratik Dharmshi, Sanjay Bembalkar |
| Exit load | Not available | Exit load of 1%, if redeemed within 15 days. |
Motilal Oswal Contra vs Union Largecap: 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 Contra Fund (Direct) | −1.53% | −2.15% | -- | -- | -- | -- | -- |
| Union Largecap Fund (Direct) | +0.98% | −4.24% | −2.18% | −8.09% | +7.81% | +6.11% | -- |
| Value and Contra average | −2.09% | −5.76% | -- | -- | -- | -- | -- |
| Large Cap average | +0.62% | −4.36% | −1.05% | −6.33% | +10.38% | +8.23% | -- |
Category average: the average of the 30 Value and Contra funds and the 35 Large Cap funds, same plan type.
Motilal Oswal Contra vs Union Largecap: Year-wise Returns
| Year | Motilal Oswal ContraMotilal Oswal Contra | Union LargecapUnion Largecap |
|---|---|---|
| 2026to date | -- | −7.05% |
| 2025 | -- | +5.23% |
| 2024 | -- | +13.31% |
| 2023 | -- | +23.26% |
| 2022 | -- | +0.23% |
| 2021 | -- | +29.33% |
Motilal Oswal Contra vs Union Largecap: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Motilal Oswal Contra Fund
Motilal Oswal Contra vs Union Largecap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Motilal Oswal Contra Fund (Direct) | Union Largecap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.95% | +9.55% |
| Standard deviation | 13.40% | 16.04% |
| Sharpe ratio | -0.02 | 0.26 |
| Sortino ratio | -0.03 | 0.35 |
| Maximum drawdown | −9.1% (23-10-2026) | −36.4% (23-03-2020) |
| Beta | 0.89 | 0.97 |
| Alpha | +8.97% | −1.93% |
From daily NAVs, 04-06-2026 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 Contra Fund (Regular)
Union Largecap Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Motilal Oswal Contra Fund (Regular) | −9.1% | 11-09-2026 | 23-10-2026 | Not yet | -- | −6.5% |
| Union Largecap Fund (Direct) | −9.1% | 06-08-2026 | 23-10-2026 | Not yet | -- | −6.3% |
| 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.
Motilal Oswal Contra vs Union Largecap: Portfolio Overlap
From each fund's latest monthly portfolio: Motilal Oswal Contra Fund, September 2026; Union Largecap Fund, September 2026
Holdings in common
- Overlap
- 28.9%
- Held by both
- 14
- Only in Motilal Oswal Contra
- 21
- Only in Union Largecap
- 43
| Security | % of Motilal Oswal Contra | % of Union Largecap |
|---|---|---|
| ICICI Bank Limited | 5.39% | 9.41% |
| HDFC Bank Limited | 3.86% | 6.95% |
| Kotak Mahindra Bank Ltd | 3.05% | 2.52% |
| Torrent Pharmaceuticals Limited | 2.46% | 3.27% |
| Solar Industries India Limited | 5.63% | 2.45% |
| Titan Company Limited | 2.67% | 2.39% |
| Bajaj Finance Ltd | 1.98% | 2.00% |
| State Bank of India | 1.94% | 4.18% |
| Shriram Finance Limited | 2.01% | 1.69% |
| Divi's Laboratories Limited | 4.65% | 1.16% |
| Multi Commodity Exchange of India Limited | 1.91% | 1.03% |
| UNO Minda Limited | 3.69% | 1.00% |
| Jio Financial Services Limited | 1.57% | 0.53% |
| Persistent Systems Ltd | 2.00% | 0.45% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 28.9% means 28.9% 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 Contra Fund
| Security | % of fund |
|---|---|
| ABB India Limited | 5.21% |
| Bosch Limited | 4.76% |
| ESDS Software Solution Ltd | 3.55% |
| Meesho Ltd | 3.09% |
| RBL Bank Limited | 2.90% |
Largest holdings only in Union Largecap Fund
| Security | % of fund |
|---|---|
| Reliance Industries Ltd. | 5.28% |
| Bharti Airtel Ltd. | 4.31% |
| Eternal Ltd. | 3.27% |
| Axis Bank Ltd. | 3.24% |
| Infosys Ltd. | 2.69% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Motilal Oswal Contra | Union Largecap |
|---|---|---|
| Equity | 93.7% | 99.0% |
| Debt | 0.0% | 0.1% |
| Cash and others | 6.3% | 0.9% |
Market cap of stocks
| Market cap | Motilal Oswal Contra | Union Largecap |
|---|---|---|
| Large Cap | 47.2% | 83.0% |
| Mid Cap | 18.0% | 10.7% |
| Small Cap | 21.2% | 3.6% |
| Not on AMFI's list | 7.2% | 1.7% |
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 Contra | Union Largecap |
|---|---|---|
| Banks | 17.1% | 26.3% |
| Auto Components | 12.9% | 2.2% |
| Pharmaceuticals & Biotechnology | 9.7% | 5.2% |
| Electrical Equipment | 7.4% | 4.3% |
| Capital Markets | 7.2% | 3.5% |
| Finance | 6.4% | 4.8% |
| Petroleum Products | 0.0% | 5.3% |
| Automobiles | 1.5% | 4.9% |
| Retailing | 3.1% | 4.6% |
The six largest sectors of each fund's stocks, % of the fund.
Motilal Oswal Contra vs Union Largecap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Motilal Oswal Contra Fund | Union Largecap Fund |
|---|---|---|
| Total expense ratio (Direct) | 2.18% | 1.68% |
| Base expense ratio (Direct) | 0.61% | 1.34% |
| Total expense ratio (Regular) | 3.85% | 2.58% |
| Base expense ratio (Regular) | 2.10% | 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
Compare Motilal Oswal Contra with
Motilal Oswal Contra Fund vs Union Largecap Fund: Frequently Asked Questions
What is the difference between Motilal Oswal Contra Fund and Union Largecap Fund?
Motilal Oswal Contra Fund is a Value and Contra fund, Union Largecap Fund is a Large Cap fund, run by Motilal Oswal Mutual Fund and Union Mutual Fund. Their portfolios overlap 28.9%. Motilal Oswal Contra Fund charges 2.18% a year and Union Largecap Fund 1.68%.
Which has the lower expense ratio, Motilal Oswal Contra Fund or Union Largecap Fund?
Union Largecap Fund charges less: 1.68% a year against 2.18%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Motilal Oswal Contra Fund and Union Largecap Fund overlap?
28.9%. They hold 14 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, KOTAKBANK. From each fund's latest monthly portfolio.
Can I invest in both Motilal Oswal Contra Fund and Union Largecap Fund?
Yes. 28.9% 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.