Motilal Oswal Financial Services Fund vs Tata Banking & Financial Services Fund
Direct Plan, Growth option · Data as on 30-10-2026
Motilal Oswal Financial Services Fund is a Thematic fund and Tata Banking & Financial Services Fund is a Thematic fund. Motilal Oswal Financial Services Fund charges 1.32% a year and Tata Banking & Financial Services Fund 0.94% (Direct plans). Their portfolios overlap 51.2%: they hold 19 of the same securities.
Motilal Oswal Financial Services Fund
Thematic
- Expense ratio
- 1.32%
- NAV
- ₹10.21
Tata Banking & Financial Services Fund
Thematic
- Expense ratio
- 0.94%
- NAV
- ₹47.92
Which is better, Motilal Oswal Financial Services or Tata Banking & Financial Services? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Tata Banking & Financial Services costs less: 0.94% a year against 1.32% (Direct plans).
- Motilal Oswal Financial Services fell less in its worst fall since 20-02-2026: −11.4% against −16.1%.
- Tata Banking & Financial Services holds more in large companies: 55.8% of the fund in large caps against 43.4%.
- Tata Banking & Financial Services is the larger fund: ₹3,053 Cr against ₹209 Cr.
- Their portfolios overlap 51.2%: 19 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 | Tata Banking & Financial Services Fund |
|---|---|---|
| Fund house | Motilal Oswal Mutual Fund | Tata Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹209 Cr (30-09-2026) | ₹3,053 Cr (30-09-2026) |
| NAV | ₹10.21 (Direct) | ₹47.92 (Direct) |
| Expense ratio (Direct) | 1.32% | 0.94% |
| Expense ratio (Regular) | 2.70% | 2.24% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty Financial Services TRI |
| Launch date | Not available | 28-12-2015 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Kapil Malhotra |
| Exit load | Not available | 0.25% of NAV if redeemed /switched out before 30 days from the date of allotment. |
Motilal Oswal Financial Services vs Tata Banking & Financial Services: 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% | -- | -- | -- | -- |
| Tata Banking & Financial Services Fund (Direct) | −3.13% | −7.12% | −3.81% | −8.46% | +10.13% | +10.01% | +13.54% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
Category average: the average of the 235 Thematic funds, same plan type.
Motilal Oswal Financial Services vs Tata Banking & Financial Services: Year-wise Returns
| Year | Motilal OswalMotilal Oswal Financial Services | Tata Banking &Tata Banking & Financial Services | Nifty Financial Services TRI |
|---|---|---|---|
| 2026to date | -- | −9.63% | −9.69% |
| 2025 | -- | +19.22% | +18.60% |
| 2024 | -- | +10.64% | +10.52% |
| 2023 | -- | +23.84% | +14.31% |
| 2022 | -- | +18.82% | +10.47% |
| 2021 | -- | +13.63% | +14.55% |
Motilal Oswal Financial Services vs Tata Banking & Financial Services: Rolling Returns
Every holding period of both funds, against Nifty Financial Services TRI, the benchmark of both
Motilal Oswal Financial Services vs Tata Banking & Financial Services: 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) | Tata Banking & Financial Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | +3.00% | +15.51% |
| Standard deviation | 19.80% | 18.79% |
| Sharpe ratio | -0.11 | 0.53 |
| Sortino ratio | -0.16 | 0.73 |
| Maximum drawdown | −11.4% (30-03-2026) | −41.6% (23-03-2020) |
| Beta | 0.94 | 0.87 |
| Alpha | +18.12% | +3.29% |
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)
Tata Banking & Financial Services 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% |
| Tata Banking & Financial Services Fund (Direct) | −16.1% | 23-02-2026 | 31-03-2026 | Not yet | -- | −11.6% |
| 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 Tata Banking & Financial Services: Portfolio Overlap
From each fund's latest monthly portfolio: Motilal Oswal Financial Services Fund, September 2026; Tata Banking & Financial Services Fund, September 2026
Holdings in common
- Overlap
- 51.2%
- Held by both
- 19
- Only in Motilal Oswal Financial Services
- 10
- Only in Tata Banking & Financial Services
- 17
| Security | % of Motilal Oswal Financial Services | % of Tata Banking & Financial Services |
|---|---|---|
| State Bank of India | 6.56% | 7.20% |
| ICICI Bank Limited | 6.31% | 10.39% |
| Bajaj Finance Ltd | 4.69% | 4.49% |
| Kotak Mahindra Bank Ltd | 3.86% | 5.61% |
| HDFC Bank Limited | 3.39% | 11.94% |
| Shriram Finance Limited | 2.82% | 2.97% |
| One 97 Communications Limited | 3.89% | 2.80% |
| PNB Housing Finance Limited | 2.67% | 2.56% |
| Multi Commodity Exchange of India Limited | 5.75% | 2.45% |
| Axis Bank Limited | 2.36% | 6.75% |
| Onemi Technology Solutions Limited | 2.47% | 2.03% |
| Piramal Finance Limited | 1.95% | 2.13% |
| RBL Bank Limited | 3.37% | 1.62% |
| AU Small Finance Bank Limited | 2.17% | 1.57% |
| Karur Vysya Bank Limited | 2.48% | 1.56% |
| Prudent Corporate Advisory Services Limited | 3.10% | 1.45% |
| IndusInd Bank Limited | 3.58% | 1.35% |
| Cholamandalam Investment and Finance Company Limited | 3.82% | 1.13% |
| SBI Funds Management Limited | 0.92% | 0.92% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 51.2% means 51.2% 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 Motilal Oswal Financial Services Fund
| Security | % of fund |
|---|---|
| Muthoot Finance Limited | 3.14% |
| Moneyview Limited | 3.13% |
| Indian Bank | 2.44% |
| ICICI Lombard General Insurance Company Limited | 2.28% |
| Pine Labs Limited | 2.22% |
Largest holdings only in Tata Banking & Financial Services Fund
| Security | % of fund |
|---|---|
| SBI LIFE INSURANCE COMPANY LTD | 3.73% |
| PB FINTECH LTD | 2.81% |
| STAR HEALTH AND ALLIED INSURANCE COMPANY LTD | 2.25% |
| CITY UNION BANK LTD | 2.07% |
| DCB BANK LTD | 1.92% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Motilal Oswal Financial Services | Tata Banking & Financial Services |
|---|---|---|
| Equity | 88.9% | 98.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 11.1% | 1.4% |
Market cap of stocks
| Market cap | Motilal Oswal Financial Services | Tata Banking & Financial Services |
|---|---|---|
| Large Cap | 43.4% | 55.8% |
| Mid Cap | 21.4% | 17.4% |
| Small Cap | 20.0% | 23.6% |
| Not on AMFI's list | 4.0% | 1.8% |
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 | Tata Banking & Financial Services |
|---|---|---|
| Banks | 38.7% | 53.1% |
| Finance | 23.4% | 20.9% |
| Capital Markets | 15.3% | 8.3% |
| Insurance | 2.3% | 10.8% |
| Financial Technology (Fintech) | 9.2% | 5.6% |
The six largest sectors of each fund's stocks, % of the fund.
Motilal Oswal Financial Services vs Tata Banking & Financial Services: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Motilal Oswal Financial Services Fund | Tata Banking & Financial Services Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.32% | 0.94% |
| Base expense ratio (Direct) | 0.78% | 0.51% |
| Total expense ratio (Regular) | 2.70% | 2.24% |
| Base expense ratio (Regular) | 2.10% | 1.67% |
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 vs Nippon India Taiwan Equity
- Motilal Oswal Financial Services vs HDFC Defence
- Motilal Oswal Financial Services vs HDFC Pharma and Healthcare
- Motilal Oswal Financial Services vs SBI Healthcare Opportunities
- Motilal Oswal Financial Services vs Aditya Birla Sun Life International Equity
Compare Tata Banking & Financial Services with
- Tata Banking & Financial Services vs Nippon India Taiwan Equity
- Tata Banking & Financial Services vs HDFC Defence
- Tata Banking & Financial Services vs HDFC Pharma and Healthcare
- Tata Banking & Financial Services vs SBI Healthcare Opportunities
- Tata Banking & Financial Services vs Aditya Birla Sun Life International Equity
Motilal Oswal Financial Services Fund vs Tata Banking & Financial Services Fund: Frequently Asked Questions
What is the difference between Motilal Oswal Financial Services Fund and Tata Banking & Financial Services Fund?
Motilal Oswal Financial Services Fund is a Thematic fund, Tata Banking & Financial Services Fund is a Thematic fund, run by Motilal Oswal Mutual Fund and Tata Mutual Fund. Their portfolios overlap 51.2%. Motilal Oswal Financial Services Fund charges 1.32% a year and Tata Banking & Financial Services Fund 0.94%.
Which has the lower expense ratio, Motilal Oswal Financial Services Fund or Tata Banking & Financial Services Fund?
Tata Banking & Financial Services Fund charges less: 0.94% 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 Tata Banking & Financial Services Fund overlap?
51.2%. They hold 19 of the same securities, the largest shared ones being SBIN, ICICIBANK, BAJFINANCE. From each fund's latest monthly portfolio.
Can I invest in both Motilal Oswal Financial Services Fund and Tata Banking & Financial Services Fund?
Yes. 51.2% of each fund's money sits in the same holdings, so a large part 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.