Motilal Oswal Financial Services Fund vs Nippon India Taiwan Equity Fund
Direct Plan, Growth option · Data as on 30-10-2026
Motilal Oswal Financial Services Fund is a Thematic fund and Nippon India Taiwan Equity Fund is a Thematic fund. Motilal Oswal Financial Services Fund charges 1.32% a year and Nippon India Taiwan Equity Fund 1.08% (Direct plans). Their portfolios overlap 0.0%: they hold 0 of the same securities.
Motilal Oswal Financial Services Fund
Thematic
- Expense ratio
- 1.32%
- NAV
- ₹10.21
Nippon India Taiwan Equity Fund
Thematic
- Expense ratio
- 1.08%
- NAV
- ₹31.86
Which is better, Motilal Oswal Financial Services or Nippon India Taiwan Equity? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India Taiwan Equity costs less: 1.08% a year against 1.32% (Direct plans).
- Motilal Oswal Financial Services fell less in its worst fall since 20-02-2026: −11.4% against −29.6%.
- Nippon India Taiwan Equity holds 90.8% of the fund in foreign stocks; Motilal Oswal Financial Services 0.0%.
- Motilal Oswal Financial Services holds more in large companies: 43.4% of the fund in large caps against 0.0%.
- Nippon India Taiwan Equity is the larger fund: ₹1,147 Cr against ₹209 Cr.
- Their portfolios overlap 0.0%: 0 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 Financial Services Fund | Nippon India Taiwan Equity Fund |
|---|---|---|
| Fund house | Motilal Oswal Mutual Fund | Nippon India Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹209 Cr (30-09-2026) | ₹1,147 Cr (30-09-2026) |
| NAV | ₹10.21 (Direct) | ₹31.86 (Direct) |
| Expense ratio (Direct) | 1.32% | 1.08% |
| Expense ratio (Regular) | 2.70% | 2.36% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Taiwan Capitalization Weighted Stock Index (TAIEX) |
| Launch date | Not available | 11-12-2021 |
| Minimum investment | Not available | 500; Note - Lumpsum subscription under the Scheme is suspended temporarily with effect from February 26, 2024 |
| Lock in | Not available | None |
| Fund managers | Not available | Kinjal Desai |
| Exit load | Not available | 1% if redeemed or switched out on or before completion of 3 months from the date of allotment of units. Nil, thereafter |
Motilal Oswal Financial Services vs Nippon India Taiwan Equity: 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 Financial Services Fund (Direct) | −0.10% | −2.96% | +3.29% | -- | -- | -- | -- |
| Nippon India Taiwan Equity Fund (Direct) | −16.05% | +11.27% | −9.87% | +75.71% | +54.78% | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Motilal Oswal Financial Services vs Nippon India Taiwan Equity: Year-wise Returns
| Year | Motilal Oswal Financial ServicesMotilal Oswal Financial Services | Nippon India Taiwan EquityNippon India Taiwan Equity |
|---|---|---|
| 2026to date | -- | +66.72% |
| 2025 | -- | +52.84% |
| 2024 | -- | +25.96% |
| 2023 | -- | +46.55% |
| 2022 | -- | −33.29% |
Motilal Oswal Financial Services vs Nippon India Taiwan Equity: Rolling Returns
Every holding period of both funds, against Nifty Financial Services TRI, the benchmark of Motilal Oswal Financial Services Fund
Motilal Oswal Financial Services vs Nippon India Taiwan Equity: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Motilal Oswal Financial Services Fund (Direct) | Nippon India Taiwan Equity Fund (Direct) |
|---|---|---|
| Return (CAGR) | +3.00% | +27.46% |
| Standard deviation | 19.80% | 32.62% |
| Sharpe ratio | -0.11 | 0.66 |
| Sortino ratio | -0.16 | 0.95 |
| Maximum drawdown | −11.4% (30-03-2026) | −44.8% (25-10-2022) |
| Beta | 0.94 | -- |
| Alpha | +18.12% | -- |
From daily NAVs, 20-02-2026 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 Financial Services Fund (Direct)
Nippon India Taiwan Equity Fund (Direct)
Nifty Financial Services TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Motilal Oswal Financial Services Fund (Direct) | −11.4% | 20-02-2026 | 30-03-2026 | 17-04-2026 | 18 days | −7.5% |
| Nippon India Taiwan Equity Fund (Direct) | −29.6% | 03-06-2026 | 30-07-2026 | Not yet | -- | −21.7% |
| Nifty Financial Services TRI | −17.3% | 23-02-2026 | 30-03-2026 | Not yet | -- | −12.4% |
From daily values since 20-02-2026, the first day every fund has.
Motilal Oswal Financial Services vs Nippon India Taiwan Equity: Portfolio Overlap
From each fund's latest monthly portfolio: Motilal Oswal Financial Services Fund, September 2026; Nippon India Taiwan Equity Fund, September 2026
Holdings in common
- Overlap
- 0.0%
- Held by both
- 0
- Only in Motilal Oswal Financial Services
- 29
- Only in Nippon India Taiwan Equity
- 0
Overlap: for each holding both funds own, the smaller of its two weights, added up. 0.0% means 0.0% 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 Financial Services Fund
| Security | % of fund |
|---|---|
| State Bank of India | 6.56% |
| ICICI Bank Limited | 6.31% |
| Multi Commodity Exchange of India Limited | 5.75% |
| Bajaj Finance Ltd | 4.69% |
| One 97 Communications Limited | 3.89% |
Largest holdings only in Nippon India Taiwan Equity Fund
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Motilal Oswal Financial Services | Nippon India Taiwan Equity |
|---|---|---|
| Equity | 88.9% | 90.8% |
| Debt | 0.0% | 0.0% |
| Cash and others | 11.1% | 9.2% |
Market cap of stocks
| Market cap | Motilal Oswal Financial Services | Nippon India Taiwan Equity |
|---|---|---|
| Large Cap | 43.4% | 0.0% |
| Mid Cap | 21.4% | 0.0% |
| Small Cap | 20.0% | 0.0% |
| Foreign stocks | 0.0% | 90.8% |
| Not on AMFI's list | 4.0% | 0.0% |
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 Financial Services | Nippon India Taiwan Equity |
|---|---|---|
| Banks | 38.7% | 0.0% |
| Semiconductors | 0.0% | 31.5% |
| Electronic Components | 0.0% | 25.1% |
| Finance | 23.4% | 0.0% |
| Capital Markets | 15.3% | 0.0% |
| Semiconductor Materials & Equipment | 0.0% | 11.8% |
| Financial Technology (Fintech) | 9.2% | 0.0% |
| Electronic Equipment & Instruments | 0.0% | 8.2% |
| Communications Equipment | 0.0% | 5.1% |
| Technology Hardware, Storage & Peripherals | 0.0% | 4.8% |
| Insurance | 2.3% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Motilal Oswal Financial Services vs Nippon India Taiwan Equity: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Motilal Oswal Financial Services Fund | Nippon India Taiwan Equity Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.32% | 1.08% |
| Base expense ratio (Direct) | 0.78% | 0.80% |
| Total expense ratio (Regular) | 2.70% | 2.36% |
| Base expense ratio (Regular) | 2.10% | 1.92% |
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 Financial Services with
Motilal Oswal Financial Services Fund vs Nippon India Taiwan Equity Fund: Frequently Asked Questions
What is the difference between Motilal Oswal Financial Services Fund and Nippon India Taiwan Equity Fund?
Motilal Oswal Financial Services Fund is a Thematic fund, Nippon India Taiwan Equity Fund is a Thematic fund, run by Motilal Oswal Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 0.0%. Motilal Oswal Financial Services Fund charges 1.32% a year and Nippon India Taiwan Equity Fund 1.08%.
Which has the lower expense ratio, Motilal Oswal Financial Services Fund or Nippon India Taiwan Equity Fund?
Nippon India Taiwan Equity Fund charges less: 1.08% a year against 1.32%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Motilal Oswal Financial Services Fund and Nippon India Taiwan Equity Fund overlap?
0.0%. They hold 0 of the same securities. From each fund's latest monthly portfolio.
Can I invest in both Motilal Oswal Financial Services Fund and Nippon India Taiwan Equity Fund?
Yes. 0.0% of each fund's money sits in the same holdings, so the two hold mostly different investments.
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.