Motilal Oswal Focused Fund vs Motilal Oswal Small Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Motilal Oswal Focused Fund is a Focused fund and Motilal Oswal Small Cap Fund is a Small Cap fund. In the year to 30-10-2026, Motilal Oswal Focused Fund (Direct) returned 19.3% and Motilal Oswal Small Cap Fund (Direct) returned 10.6%. Motilal Oswal Focused Fund charges 1.61% a year and Motilal Oswal Small Cap Fund 0.87% (Direct plans). Their portfolios overlap 18.2%: they hold 10 of the same securities.
Motilal Oswal Focused Fund
Focused
- 1 year return
- 19.3%
- Expense ratio
- 1.61%
- NAV
- ₹61.81
Motilal Oswal Small Cap Fund
Small Cap
- 1 year return
- 10.6%
- Expense ratio
- 0.87%
- NAV
- ₹16.47
Which is better, Motilal Oswal Focused or Motilal Oswal Small Cap? 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 Focused returned more over 1 year: 19.3% against 10.6%.
- Motilal Oswal Small Cap costs less: 0.87% a year against 1.61% (Direct plans).
- Motilal Oswal Small Cap fell less in its worst fall since 29-12-2023: −23.7% against −31.3%.
- Motilal Oswal Focused holds more in large companies: 26.5% of the fund in large caps against 2.5%.
- Motilal Oswal Small Cap is the larger fund: ₹8,298 Cr against ₹1,845 Cr.
- Their portfolios overlap 18.2%: 10 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 Focused Fund | Motilal Oswal Small Cap Fund |
|---|---|---|
| Fund house | Motilal Oswal Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Focused | Small Cap |
| AUM | ₹1,845 Cr (30-09-2026) | ₹8,298 Cr (30-09-2026) |
| NAV | ₹61.81 (Direct) | ₹16.47 (Direct) |
| Expense ratio (Direct) | 1.61% | 0.87% |
| Expense ratio (Regular) | 2.68% | 1.93% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty 500 TRI | Not available |
| Launch date | 13-05-2013 | Not available |
| Minimum investment | INF247L01205 | Not available |
| Lock in | None | Not available |
| Fund managers | Siddharth Bothra, Rakesh Shetty, Sunil Sawant | Not available |
| Exit load | Exit load of 1%, if redeemed within 365 days. | Not available |
Motilal Oswal Focused vs Motilal Oswal Small Cap: 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 Focused Fund (Direct) | −1.79% | +5.18% | +17.02% | +19.34% | +14.25% | +10.22% | +12.76% |
| Motilal Oswal Small Cap Fund (Direct) | −5.03% | −2.60% | +11.24% | +10.62% | -- | -- | -- |
| Focused average | −1.00% | −4.12% | +1.39% | −3.09% | +12.30% | +10.21% | +13.15% |
| Small Cap average | −5.86% | −3.28% | +5.03% | +3.00% | -- | -- | -- |
Category average: the average of the 28 Focused funds and the 36 Small Cap funds, same plan type.
Motilal Oswal Focused vs Motilal Oswal Small Cap: Year-wise Returns
| Year | FocusedMotilal Oswal Focused | Small CapMotilal Oswal Small Cap |
|---|---|---|
| 2026to date | +19.29% | +14.91% |
| 2025 | −0.60% | −4.09% |
| 2024 | +14.94% | +48.16% |
| 2023 | +20.19% | -- |
| 2022 | +3.15% | -- |
| 2021 | +15.98% | -- |
Motilal Oswal Focused vs Motilal Oswal Small Cap: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Motilal Oswal Focused Fund
Rolling returns
Every 1-year holding period, 453 of them, one for each trading day from 30-12-2024 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Motilal Oswal Focused Fund (Direct)
Motilal Oswal Small Cap Fund (Direct)
Nifty 500 TRI
to
Feb 2025Jun 2024
to
Jun 2025Oct 2024
to
Oct 2025Jan 2025
to
Jan 2026May 2025
to
May 2026Sept 2025
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Motilal Oswal Focused | 45.7 | 10.4 | 8.8 | 10.6 | 10.6 | 6.0 | 7.9 | 4.3% | 1.9% | −17.5% | 31.7% | 39% |
| Motilal Oswal Small Cap | 9.1 | 13.0 | 12.8 | 19.0 | 19.9 | 12.1 | 14.1 | 13.9% | 14.1% | −8.0% | 51.2% | 81% |
| Nifty 500 TRI | 24.1 | 31.8 | 32.5 | 8.8 | 2.9 | 0.0 | 0.0 | 4.1% | 3.8% | −9.0% | 18.6% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 29-12-2023. Past returns do not promise future returns.
Motilal Oswal Focused vs Motilal Oswal Small Cap: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-12-2023 to 30-10-2026: 35 instalments, ₹3,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Motilal Oswal FocusedMotilal Oswal Focused Fund (Direct) | ₹3,50,000 | ₹4,24,755 | ₹74,755 | 13.4% |
| Motilal Oswal Small CapMotilal Oswal Small Cap Fund (Direct) | ₹3,50,000 | ₹4,33,492 | ₹83,492 | 14.9% |
Motilal Oswal FocusedMotilal Oswal Focused Fund (Direct)
Motilal Oswal Small CapMotilal Oswal Small Cap Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Motilal Oswal Focused vs Motilal Oswal Small Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Motilal Oswal Focused Fund (Direct) | Motilal Oswal Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +19.34% | +10.62% |
| Standard deviation | 16.09% | 17.28% |
| Sharpe ratio | 0.88 | 0.31 |
| Sortino ratio | 1.26 | 0.44 |
| Maximum drawdown | −11.6% (23-03-2026) | −16.5% (23-03-2026) |
| Beta | 1.01 | 0.91 |
| Alpha | +26.76% | +13.01% |
From daily NAVs, 30-10-2025 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.
| Measure | Motilal Oswal Focused Fund (Direct) | Motilal Oswal Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.43% | +18.87% |
| Standard deviation | 16.11% | 17.20% |
| Sharpe ratio | 0.52 | 0.75 |
| Sortino ratio | 0.72 | 1.03 |
| Maximum drawdown | −34.5% (23-03-2020) | −23.7% (03-03-2025) |
| Beta | 0.93 | 0.84 |
| Alpha | +1.78% | +11.96% |
From daily NAVs, 15-05-2013 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.
Motilal Oswal Focused Fund (Direct)
Motilal Oswal Small Cap 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 Focused Fund (Direct) | −31.3% | 13-09-2024 | 03-03-2025 | 03-08-2026 | 17 months | −4.0% |
| Motilal Oswal Small Cap Fund (Direct) | −23.7% | 17-12-2024 | 03-03-2025 | 07-05-2026 | 14 months | −7.9% |
| Nifty 500 TRI | −18.6% | 26-09-2024 | 28-02-2025 | Not yet | -- | −8.8% |
From daily values since 29-12-2023, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Motilal Oswal Focused Fund (Direct)
Motilal Oswal Small Cap Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Motilal Oswal Focused Fund (Direct) | 136% | 109% | 10.67% |
| Motilal Oswal Small Cap Fund (Direct) | 159% | 99% | 11.47% |
From month-end values since 29-12-2023. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Motilal Oswal Focused vs Motilal Oswal Small Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Motilal Oswal Focused Fund, September 2026; Motilal Oswal Small Cap Fund, September 2026
Holdings in common
- Overlap
- 18.2%
- Held by both
- 10
- Only in Motilal Oswal Focused
- 20
- Only in Motilal Oswal Small Cap
- 48
| Security | % of Motilal Oswal Focused | % of Motilal Oswal Small Cap |
|---|---|---|
| Aditya Infotech Limited | 3.44% | 3.38% |
| Rubicon Research Limited | 2.82% | 3.84% |
| Syrma SGS Technology Ltd | 3.67% | 2.52% |
| MTAR Technologies Limited | 3.28% | 1.71% |
| eClerx Services Limited | 2.88% | 1.69% |
| Meesho Ltd | 2.57% | 1.69% |
| Eternal Limited | 3.53% | 1.28% |
| Lohia Corp Limited | 3.18% | 1.19% |
| Shadowfax Technologies Limited | 3.53% | 1.18% |
| Wework India Management Limited | 2.75% | 0.75% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 18.2% means 18.2% 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 Focused Fund
| Security | % of fund |
|---|---|
| ICICI Prudential Asset Management Company Limited | 3.86% |
| Sansera Engineering Limited | 3.81% |
| State Bank of India | 3.71% |
| Coforge Limited | 3.71% |
| One 97 Communications Limited | 3.53% |
Largest holdings only in Motilal Oswal Small Cap Fund
| Security | % of fund |
|---|---|
| VA Tech Wabag Limited | 3.82% |
| CCL Products (India) Limited | 3.49% |
| Karur Vysya Bank Limited | 3.02% |
| Dr Agarwals Health Care Limited | 2.92% |
| Sky Gold And Diamonds Limited | 2.57% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Motilal Oswal Focused | Motilal Oswal Small Cap |
|---|---|---|
| Equity | 91.1% | 91.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 8.9% | 8.1% |
Market cap of stocks
| Market cap | Motilal Oswal Focused | Motilal Oswal Small Cap |
|---|---|---|
| Large Cap | 26.5% | 2.5% |
| Mid Cap | 20.6% | 7.4% |
| Small Cap | 40.9% | 77.0% |
| Not on AMFI's list | 3.2% | 5.1% |
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 Focused | Motilal Oswal Small Cap |
|---|---|---|
| Industrial Manufacturing | 13.2% | 8.7% |
| Electrical Equipment | 12.1% | 4.5% |
| Banks | 10.3% | 6.6% |
| Consumer Durables | 3.4% | 9.3% |
| Retailing | 6.1% | 8.7% |
| Auto Components | 6.5% | 7.6% |
| Healthcare Services | 2.4% | 7.4% |
| Capital Markets | 7.1% | 4.3% |
The six largest sectors of each fund's stocks, % of the fund.
Motilal Oswal Focused vs Motilal Oswal Small Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Motilal Oswal Focused Fund | Motilal Oswal Small Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.61% | 0.87% |
| Base expense ratio (Direct) | 0.84% | 0.56% |
| Total expense ratio (Regular) | 2.68% | 1.93% |
| Base expense ratio (Regular) | 1.78% | 1.53% |
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 Focused with
Motilal Oswal Focused Fund vs Motilal Oswal Small Cap Fund: Frequently Asked Questions
What is the difference between Motilal Oswal Focused Fund and Motilal Oswal Small Cap Fund?
Motilal Oswal Focused Fund is a Focused fund, Motilal Oswal Small Cap Fund is a Small Cap fund, run by Motilal Oswal Mutual Fund. Their portfolios overlap 18.2%. Motilal Oswal Focused Fund charges 1.61% a year and Motilal Oswal Small Cap Fund 0.87%.
Which has given higher returns, Motilal Oswal Focused Fund or Motilal Oswal Small Cap Fund?
Over 1 year: Motilal Oswal Focused Fund +19.34%, Motilal Oswal Small Cap Fund +10.62%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Motilal Oswal Focused Fund or Motilal Oswal Small Cap Fund?
Motilal Oswal Small Cap Fund charges less: 0.87% a year against 1.61%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Motilal Oswal Focused Fund and Motilal Oswal Small Cap Fund overlap?
18.2%. They hold 10 of the same securities, the largest shared ones being CPPLUS, RUBICON, SYRMA. From each fund's latest monthly portfolio.
Can I invest in both Motilal Oswal Focused Fund and Motilal Oswal Small Cap Fund?
Yes. 18.2% 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.