Motilal Oswal Large and Midcap Fund vs Navi Large & Midcap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Motilal Oswal Large and Midcap Fund and Navi Large & Midcap Fund are both Large & Mid Cap funds. In the 3 years to 30-10-2026, Motilal Oswal Large and Midcap Fund (Direct) returned 20.6% a year and Navi Large & Midcap Fund (Direct) returned 9.6% a year. Motilal Oswal Large and Midcap Fund charges 0.90% a year and Navi Large & Midcap Fund 0.65% (Direct plans). Their portfolios overlap 6.1%: they hold 5 of the same securities.
Motilal Oswal Large and Midcap Fund
Large & Mid Cap
- 3 year return
- 20.6%
- Expense ratio
- 0.90%
- NAV
- ₹38.56
Navi Large & Midcap Fund
Large & Mid Cap
- 3 year return
- 9.6%
- Expense ratio
- 0.65%
- NAV
- ₹41.76
Which is better, Motilal Oswal Large and Midcap or Navi Large & Midcap? 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 Large and Midcap returned more over 5 years: 17.4% a year against 8.9%.
- Motilal Oswal Large and Midcap returned more over 3 years: 20.6% a year against 9.6%.
- Navi Large & Midcap costs less: 0.65% a year against 0.90% (Direct plans).
- Navi Large & Midcap swung less over 3 years: a standard deviation of 14.6% a year against 19.3%.
- Motilal Oswal Large and Midcap fell less in its worst fall since 22-10-2019: −37.4% against −38.4%.
- Motilal Oswal Large and Midcap is the larger fund: ₹19,832 Cr against ₹292 Cr.
- Their portfolios overlap 6.1%: 5 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 Large and Midcap Fund | Navi Large & Midcap Fund |
|---|---|---|
| Fund house | Motilal Oswal Mutual Fund | Navi Mutual Fund |
| Category | Large & Mid Cap | Large & Mid Cap |
| AUM | ₹19,832 Cr (30-09-2026) | ₹292 Cr (30-09-2026) |
| NAV | ₹38.56 (Direct) | ₹41.76 (Direct) |
| Expense ratio (Direct) | 0.90% | 0.65% |
| Expense ratio (Regular) | 1.81% | 2.53% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty LargeMidcap 250 TRI | Nifty LargeMidcap 250 TRI |
| Launch date | 17-10-2019 | 07-12-2015 |
| Minimum investment | INF247L01981 | ₹100 |
| Lock in | None | None |
| Fund managers | Aditya Khemani, Rakesh Shetty, Sunil Sawant | Ashutosh Shirwaikar |
| Exit load | Exit load of 1%, if redeemed within 365 days. | NIL |
Motilal Oswal Large and Midcap vs Navi Large & Midcap: 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 Large and Midcap Fund (Direct) | −3.30% | +0.01% | +2.01% | +0.26% | +20.59% | +17.43% | -- |
| Navi Large & Midcap Fund (Direct) | −1.73% | −6.21% | −0.68% | −4.13% | +9.57% | +8.91% | +12.69% |
| Large & Mid Cap average | −1.78% | −5.20% | −0.43% | −3.99% | +13.28% | +11.36% | +13.62% |
Category average: the average of the 36 Large & Mid Cap funds, same plan type.
Motilal Oswal Large and Midcap vs Navi Large & Midcap: Year-wise Returns
| Year | Motilal Oswal Large andMotilal Oswal Large and Midcap | Navi Large &Navi Large & Midcap | NIFTY LargeMidcap 250 TRI |
|---|---|---|---|
| 2026to date | +5.59% | −3.47% | −7.09% |
| 2025 | −3.12% | +3.21% | +8.19% |
| 2024 | +48.05% | +18.38% | +18.68% |
| 2023 | +40.01% | +25.80% | +32.66% |
| 2022 | +3.20% | +2.26% | +4.48% |
| 2021 | +43.22% | +47.12% | +37.04% |
Motilal Oswal Large and Midcap vs Navi Large & Midcap: Rolling Returns
Every holding period of both funds, against NIFTY LargeMidcap 250 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 988 of them, one for each trading day from 25-10-2022 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 Large and Midcap Fund (Direct)
Navi Large & Midcap Fund (Direct)
NIFTY LargeMidcap 250 TRI
to
Feb 2023Oct 2020
to
Oct 2023Jul 2021
to
Jul 2024Mar 2022
to
Mar 2025Nov 2022
to
Nov 2025Jul 2023
to
Jul 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 Large and Midcap | 0.0 | 0.0 | 0.0 | 0.0 | 7.8 | 23.2 | 69.0 | 26.6% | 27.1% | 16.2% | 36.7% | 87% |
| Navi Large & Midcap | 0.0 | 0.0 | 3.3 | 29.3 | 37.9 | 14.3 | 15.3 | 18.3% | 17.3% | 8.5% | 35.2% | 12% |
| NIFTY LargeMidcap 250 TRI | 0.0 | 0.0 | 0.0 | 7.8 | 40.6 | 35.8 | 15.8 | 20.8% | 20.2% | 10.1% | 36.1% | -- |
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 LargeMidcap 250 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 22-10-2019. Past returns do not promise future returns.
Motilal Oswal Large and Midcap vs Navi Large & Midcap: 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 22-10-2019 to 30-10-2026: 85 instalments, ₹8,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Motilal Oswal Large and MidcapMotilal Oswal Large and Midcap Fund (Direct) | ₹8,50,000 | ₹17,94,529 | ₹9,44,529 | 20.7% |
| Navi Large & MidcapNavi Large & Midcap Fund (Direct) | ₹8,50,000 | ₹13,25,877 | ₹4,75,877 | 12.3% |
Motilal Oswal Large and MidcapMotilal Oswal Large and Midcap Fund (Direct)
Navi Large & MidcapNavi Large & Midcap 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 Large and Midcap vs Navi Large & Midcap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Motilal Oswal Large and Midcap Fund (Direct) | Navi Large & Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +0.26% | −4.13% |
| Standard deviation | 19.32% | 15.92% |
| Sharpe ratio | -0.26 | -0.59 |
| Sortino ratio | -0.36 | -0.80 |
| Maximum drawdown | −15.9% (31-03-2026) | −14.6% (31-03-2026) |
| Beta | 1.14 | 1.05 |
| Alpha | +8.32% | +2.91% |
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 Large and Midcap Fund (Direct) | Navi Large & Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +20.59% | +9.57% |
| Standard deviation | 19.31% | 14.62% |
| Sharpe ratio | 0.75 | 0.24 |
| Sortino ratio | 1.03 | 0.33 |
| Maximum drawdown | −26.1% (03-03-2025) | −18.8% (28-02-2025) |
| Beta | 1.15 | 0.95 |
| Alpha | +8.24% | −1.68% |
From daily NAVs, 30-10-2023 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 Large and Midcap Fund (Direct) | Navi Large & Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +17.43% | +8.91% |
| Standard deviation | 17.66% | 14.54% |
| Sharpe ratio | 0.66 | 0.21 |
| Sortino ratio | 0.89 | 0.29 |
| Maximum drawdown | −26.1% (03-03-2025) | −18.8% (28-02-2025) |
| Beta | 1.06 | 0.95 |
| Alpha | +6.53% | −1.45% |
From daily NAVs, 29-10-2021 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 Large and Midcap Fund (Direct) | Navi Large & Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +20.80% | +14.02% |
| Standard deviation | 19.24% | 15.43% |
| Sharpe ratio | 0.81 | 0.55 |
| Sortino ratio | 1.08 | 0.73 |
| Maximum drawdown | −37.4% (23-03-2020) | −38.4% (23-03-2020) |
| Beta | 1.02 | -- |
| Alpha | +4.31% | -- |
From daily NAVs, 22-10-2019 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 Large and Midcap Fund (Direct)
Navi Large & Midcap Fund (Direct)
NIFTY LargeMidcap 250 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Motilal Oswal Large and Midcap Fund (Direct) | −37.4% | 20-02-2020 | 23-03-2020 | 24-11-2020 | 8 months | −8.0% |
| Navi Large & Midcap Fund (Direct) | −38.4% | 07-02-2020 | 23-03-2020 | 01-12-2020 | 8 months | −8.3% |
| NIFTY LargeMidcap 250 TRI | −37.8% | 24-01-2020 | 23-03-2020 | 05-11-2020 | 7 months | −8.6% |
From daily values since 22-10-2019, 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 Large and Midcap Fund (Direct)
Navi Large & Midcap Fund (Direct)
NIFTY LargeMidcap 250 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Motilal Oswal Large and Midcap Fund (Direct)
Navi Large & Midcap Fund (Direct)
NIFTY LargeMidcap 250 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Motilal Oswal Large and Midcap Fund (Direct)
Navi Large & Midcap Fund (Direct)
NIFTY LargeMidcap 250 TRI
Against NIFTY LargeMidcap 250 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Motilal Oswal Large and Midcap Fund (Direct) | 113% | 98% | 8.97% |
| Navi Large & Midcap Fund (Direct) | 96% | 101% | 4.63% |
From month-end values since 22-10-2019. 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 Large and Midcap vs Navi Large & Midcap: Portfolio Overlap
From each fund's latest monthly portfolio: Motilal Oswal Large and Midcap Fund, September 2026; Navi Large & Midcap Fund, September 2026
Holdings in common
- Overlap
- 6.1%
- Held by both
- 5
- Only in Motilal Oswal Large and Midcap
- 29
- Only in Navi Large & Midcap
- 75
| Security | % of Motilal Oswal Large and Midcap | % of Navi Large & Midcap |
|---|---|---|
| Samvardhana Motherson International Limited | 2.51% | 2.65% |
| Apollo Hospitals Enterprise Limited | 1.96% | 2.24% |
| Shriram Finance Limited | 4.13% | 1.11% |
| Zen Technologies Limited | 3.09% | 0.44% |
| Max Healthcare Institute Limited | 0.10% | 0.60% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 6.1% means 6.1% 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 Large and Midcap Fund
| Security | % of fund |
|---|---|
| One 97 Communications Limited | 6.11% |
| Eternal Limited | 4.95% |
| PTC Industries Ltd | 4.73% |
| Multi Commodity Exchange of India Limited | 4.60% |
| Sterlite Technologies Limited | 4.32% |
Largest holdings only in Navi Large & Midcap Fund
| Security | % of fund |
|---|---|
| AXIS BANK LIMITED | 3.19% |
| THE FEDERAL BANK LIMITED | 3.15% |
| HDFC BANK LIMITED | 2.98% |
| ASTRAL LIMITED | 2.93% |
| KOTAK MAHINDRA BANK LIMITED | 2.89% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Motilal Oswal Large and Midcap | Navi Large & Midcap |
|---|---|---|
| Equity | 96.7% | 94.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 3.3% | 5.3% |
Market cap of stocks
| Market cap | Motilal Oswal Large and Midcap | Navi Large & Midcap |
|---|---|---|
| Large Cap | 35.7% | 40.3% |
| Mid Cap | 35.2% | 37.1% |
| Small Cap | 25.8% | 17.3% |
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 Large and Midcap | Navi Large & Midcap |
|---|---|---|
| BANKS | 0.0% | 20.5% |
| Electrical Equipment | 18.4% | 0.0% |
| Finance | 10.9% | 0.0% |
| Retailing | 9.7% | 0.0% |
| CAPITAL MARKETS | 0.0% | 9.0% |
| HEALTHCARE SERVICES | 0.0% | 8.3% |
| INDUSTRIAL PRODUCTS | 0.0% | 7.8% |
| Capital Markets | 7.0% | 0.0% |
| Aerospace & Defense | 7.0% | 0.0% |
| Chemicals & Petrochemicals | 6.4% | 0.0% |
| AUTO COMPONENTS | 0.0% | 5.5% |
| FINANCE | 0.0% | 5.0% |
The six largest sectors of each fund's stocks, % of the fund.
Motilal Oswal Large and Midcap vs Navi Large & Midcap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Motilal Oswal Large and Midcap Fund | Navi Large & Midcap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.90% | 0.65% |
| Base expense ratio (Direct) | 0.60% | 0.50% |
| Total expense ratio (Regular) | 1.81% | 2.53% |
| Base expense ratio (Regular) | 1.42% | 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 Large and Midcap with
Motilal Oswal Large and Midcap Fund vs Navi Large & Midcap Fund: Frequently Asked Questions
What is the difference between Motilal Oswal Large and Midcap Fund and Navi Large & Midcap Fund?
Both are Large & Mid Cap funds, run by Motilal Oswal Mutual Fund and Navi Mutual Fund. Their portfolios overlap 6.1%. Motilal Oswal Large and Midcap Fund charges 0.90% a year and Navi Large & Midcap Fund 0.65%.
Which has given higher returns, Motilal Oswal Large and Midcap Fund or Navi Large & Midcap Fund?
Over 1 year: Motilal Oswal Large and Midcap Fund +0.26%, Navi Large & Midcap Fund −4.13%. Over 3 years: Motilal Oswal Large and Midcap Fund +20.59% a year, Navi Large & Midcap Fund +9.57% a year. Over 5 years: Motilal Oswal Large and Midcap Fund +17.43% a year, Navi Large & Midcap Fund +8.91% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Motilal Oswal Large and Midcap Fund or Navi Large & Midcap Fund?
Navi Large & Midcap Fund charges less: 0.65% a year against 0.90%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Motilal Oswal Large and Midcap Fund and Navi Large & Midcap Fund overlap?
6.1%. They hold 5 of the same securities, the largest shared ones being MOTHERSON, APOLLOHOSP, SHRIRAMFIN. From each fund's latest monthly portfolio.
Which is riskier, Motilal Oswal Large and Midcap Fund or Navi Large & Midcap Fund?
On SEBI's riskometer, Motilal Oswal Large and Midcap Fund is rated Very High and Navi Large & Midcap Fund Very High. Over 3 years, the standard deviation of daily returns was 19.31% and 14.62% a year.
Which is better for SIP, Motilal Oswal Large and Midcap Fund or Navi Large & Midcap Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹9,61,391 in Motilal Oswal Large and Midcap Fund (XIRR 18.0% a year) and ₹7,46,150 in Navi Large & Midcap Fund (XIRR 7.9% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Motilal Oswal Large and Midcap Fund and Navi Large & Midcap Fund?
Yes. 6.1% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages Motilal Oswal Large and Midcap Fund and Navi Large & Midcap Fund?
Motilal Oswal Large and Midcap Fund: Aditya Khemani, Rakesh Shetty, Sunil Sawant. Navi Large & Midcap Fund: Ashutosh Shirwaikar.
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.