Motilal Oswal Large Cap Fund vs Nippon India Value Fund
Direct Plan, Growth option · Data as on 30-10-2026
Motilal Oswal Large Cap Fund is a Large Cap fund and Nippon India Value Fund is a Value and Contra fund. In the year to 30-10-2026, Motilal Oswal Large Cap Fund (Direct) returned −7.1% and Nippon India Value Fund (Direct) returned −11.6%. Motilal Oswal Large Cap Fund charges 0.99% a year and Nippon India Value Fund 1.26% (Direct plans). Their portfolios overlap 44.5%: they hold 24 of the same securities.
Motilal Oswal Large Cap Fund
Large Cap
- 1 year return
- −7.1%
- Expense ratio
- 0.99%
- NAV
- ₹13.59
Nippon India Value Fund
Value and Contra
- 1 year return
- −11.6%
- Expense ratio
- 1.26%
- NAV
- ₹226.85
Which is better, Motilal Oswal Large Cap or Nippon India Value? 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 Cap returned more over 1 year: −7.1% against −11.6%.
- Motilal Oswal Large Cap costs less: 0.99% a year against 1.26% (Direct plans).
- Motilal Oswal Large Cap fell less in its worst fall since 12-02-2024: −15.8% against −17.6%.
- Motilal Oswal Large Cap holds more in large companies: 79.8% of the fund in large caps against 56.6%.
- Nippon India Value is the larger fund: ₹8,479 Cr against ₹2,925 Cr.
- Their portfolios overlap 44.5%: 24 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 Cap Fund | Nippon India Value Fund |
|---|---|---|
| Fund house | Motilal Oswal Mutual Fund | Nippon India Mutual Fund |
| Category | Large Cap | Value and Contra |
| AUM | ₹2,925 Cr (30-09-2026) | ₹8,479 Cr (30-09-2026) |
| NAV | ₹13.59 (Direct) | ₹226.85 (Direct) |
| Expense ratio (Direct) | 0.99% | 1.26% |
| Expense ratio (Regular) | 2.08% | 1.99% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 100 TRI | Nifty 500 TRI |
| Launch date | 06-02-2023 | 08-06-2005 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | None |
| Fund managers | Atul Mehra, Santosh Singh, Ajay Khandelwal, Rakesh Shetty, Swapnil Mayekar | Dhrumil Shah FM 1, Meenakshi Dawar FM 2 |
| Exit load | 1% - If redeemed on or before 15 days from the date of allotment. Nil - If redeemed after 15 days from the date of allotment. | For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months. |
Motilal Oswal Large Cap vs Nippon India Value: 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 Cap Fund (Direct) | +0.61% | −3.95% | −0.82% | −7.08% | -- | -- | -- |
| Nippon India Value Fund (Direct) | −2.97% | −8.85% | −7.67% | −11.61% | +11.65% | +11.46% | +14.20% |
| Large Cap average | +0.62% | −4.36% | −1.05% | −6.33% | -- | -- | -- |
| Value and Contra average | −2.09% | −5.76% | −3.23% | −5.72% | +11.83% | +11.08% | +12.63% |
Category average: the average of the 35 Large Cap funds and the 30 Value and Contra funds, same plan type.
Motilal Oswal Large Cap vs Nippon India Value: Year-wise Returns
| Year | Motilal Oswal Large CapMotilal Oswal Large Cap | Nippon India ValueNippon India Value |
|---|---|---|
| 2026to date | −6.97% | −10.89% |
| 2025 | +9.89% | +4.93% |
| 2024 | -- | +23.19% |
| 2023 | -- | +43.41% |
| 2022 | -- | +5.52% |
| 2021 | -- | +40.31% |
Motilal Oswal Large Cap vs Nippon India Value: Rolling Returns
Every holding period of both funds, against Nifty 100 TRI, the benchmark of Motilal Oswal Large Cap Fund
Rolling returns
Every 1-year holding period, 421 of them, one for each trading day from 12-02-2025 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 Cap Fund (Direct)
Nippon India Value Fund (Direct)
Nifty 100 TRI
to
Apr 2025Jul 2024
to
Jul 2025Nov 2024
to
Nov 2025Feb 2025
to
Feb 2026Jun 2025
to
Jun 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 Large Cap | 23.3 | 12.1 | 17.1 | 16.9 | 11.6 | 9.0 | 10.0 | 9.9% | 9.4% | −8.6% | 31.1% | 76% |
| Nippon India Value | 27.3 | 32.3 | 27.8 | 11.2 | 1.4 | 0.0 | 0.0 | 3.6% | 3.9% | −12.5% | 15.7% | 66% |
| Nifty 100 TRI | 33.7 | 28.3 | 26.4 | 11.2 | 0.5 | 0.0 | 0.0 | 3.0% | 2.5% | −10.5% | 15.3% | -- |
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 100 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 12-02-2024. Past returns do not promise future returns.
Motilal Oswal Large Cap vs Nippon India Value: 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 12-02-2024 to 30-10-2026: 33 instalments, ₹3,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Motilal Oswal Large CapMotilal Oswal Large Cap Fund (Direct) | ₹3,30,000 | ₹3,46,794 | ₹16,794 | 3.6% |
| Nippon India ValueNippon India Value Fund (Direct) | ₹3,30,000 | ₹3,15,074 | −₹14,926 | −3.3% |
Motilal Oswal Large CapMotilal Oswal Large Cap Fund (Direct)
Nippon India ValueNippon India Value 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 Cap vs Nippon India Value: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Motilal Oswal Large Cap Fund (Direct) | Nippon India Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.08% | −11.61% |
| Standard deviation | 13.83% | 14.64% |
| Sharpe ratio | -0.89 | -1.15 |
| Sortino ratio | -1.19 | -1.51 |
| Maximum drawdown | −15.8% (30-03-2026) | −14.4% (31-03-2026) |
| Beta | 0.98 | 1.00 |
| Alpha | +1.31% | −4.29% |
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 Cap Fund (Direct) | Nippon India Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.36% | +14.57% |
| Standard deviation | 13.58% | 16.47% |
| Sharpe ratio | 0.47 | 0.52 |
| Sortino ratio | 0.66 | 0.69 |
| Maximum drawdown | −15.8% (30-03-2026) | −38.6% (23-03-2020) |
| Beta | 0.95 | 1.00 |
| Alpha | +7.96% | +1.78% |
From daily NAVs, 12-02-2024 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 Cap Fund (Direct)
Nippon India Value Fund (Direct)
Nifty 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Motilal Oswal Large Cap Fund (Direct) | −15.8% | 02-01-2026 | 30-03-2026 | Not yet | -- | −8.1% |
| Nippon India Value Fund (Direct) | −17.6% | 26-09-2024 | 03-03-2025 | Not yet | -- | −12.7% |
| Nifty 100 TRI | −17.2% | 26-09-2024 | 28-02-2025 | 02-01-2026 | 10 months | −10.1% |
From daily values since 12-02-2024, 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 Cap Fund (Direct)
Nippon India Value Fund (Direct)
Nifty 100 TRI
Against Nifty 100 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Motilal Oswal Large Cap Fund (Direct) | 122% | 82% | 4.59% |
| Nippon India Value Fund (Direct) | 103% | 101% | 4.91% |
From month-end values since 12-02-2024. 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 Cap vs Nippon India Value: Portfolio Overlap
From each fund's latest monthly portfolio: Motilal Oswal Large Cap Fund, September 2026; Nippon India Value Fund, September 2026
Holdings in common
- Overlap
- 44.5%
- Held by both
- 24
- Only in Motilal Oswal Large Cap
- 33
- Only in Nippon India Value
- 61
| Security | % of Motilal Oswal Large Cap | % of Nippon India Value |
|---|---|---|
| HDFC Bank Limited | 9.45% | 7.31% |
| ICICI Bank Limited | 7.59% | 3.36% |
| State Bank of India | 3.28% | 4.37% |
| Axis Bank Limited | 2.72% | 3.81% |
| Reliance Industries Limited | 6.49% | 2.69% |
| Kotak Mahindra Bank Ltd | 2.49% | 3.27% |
| Bharti Airtel Limited | 4.46% | 2.32% |
| Larsen & Toubro Limited | 3.60% | 2.03% |
| Bajaj Finance Ltd | 2.13% | 2.02% |
| NTPC Limited | 1.88% | 3.59% |
| ITC Limited | 1.95% | 1.87% |
| Tata Consultancy Services Limited | 2.17% | 1.86% |
| Coal India Limited | 1.57% | 1.91% |
| Infosys Limited | 3.06% | 1.55% |
| Maruti Suzuki India Limited | 1.55% | 1.85% |
| Torrent Pharmaceuticals Limited | 1.26% | 1.58% |
| Grasim Industries Limited | 1.47% | 0.86% |
| LTM Limited | 0.83% | 1.07% |
| Varun Beverages Ltd | 1.18% | 0.71% |
| SBI Life Insurance Company Limited | 1.28% | 0.70% |
| Trent Limited | 0.67% | 1.06% |
| Cholamandalam Financial Holdings Limited | 1.42% | 0.49% |
| Dhoot Transmission Ltd | 0.35% | 0.25% |
| Laser Power and Infra Limited | 0.18% | 0.53% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 44.5% means 44.5% 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 Cap Fund
| Security | % of fund |
|---|---|
| Mahindra & Mahindra Limited | 2.17% |
| Indiqube Spaces Limited | 2.01% |
| Bajaj Holdings & Investment Limited | 1.84% |
| Eternal Limited | 1.75% |
| Sambhv Steel Tubes Ltd | 1.63% |
Largest holdings only in Nippon India Value Fund
| Security | % of fund |
|---|---|
| IndusInd Bank Limited | 2.69% |
| Bharat Heavy Electricals Limited | 2.50% |
| Piramal Finance Limited | 2.20% |
| Kaynes Technology India Limited | 2.11% |
| Swiggy Limited | 1.77% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Motilal Oswal Large Cap | Nippon India Value |
|---|---|---|
| Equity | 99.6% | 96.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.4% | 3.4% |
Market cap of stocks
| Market cap | Motilal Oswal Large Cap | Nippon India Value |
|---|---|---|
| Large Cap | 79.8% | 56.6% |
| Mid Cap | 0.0% | 18.6% |
| Small Cap | 14.4% | 20.1% |
| Not on AMFI's list | 5.3% | 1.2% |
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 Cap | Nippon India Value |
|---|---|---|
| Banks | 25.5% | 26.1% |
| Consumer Durables | 5.0% | 7.6% |
| IT - Software | 7.3% | 6.4% |
| Power | 3.7% | 6.9% |
| Petroleum Products | 6.5% | 2.7% |
| Finance | 6.4% | 6.0% |
| Telecom - Services | 5.9% | 2.9% |
| Electrical Equipment | 0.6% | 3.5% |
The six largest sectors of each fund's stocks, % of the fund.
Motilal Oswal Large Cap vs Nippon India Value: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Motilal Oswal Large Cap Fund | Nippon India Value Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.99% | 1.26% |
| Base expense ratio (Direct) | 0.69% | 0.90% |
| Total expense ratio (Regular) | 2.08% | 1.99% |
| Base expense ratio (Regular) | 1.68% | 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 Large Cap with
Motilal Oswal Large Cap Fund vs Nippon India Value Fund: Frequently Asked Questions
What is the difference between Motilal Oswal Large Cap Fund and Nippon India Value Fund?
Motilal Oswal Large Cap Fund is a Large Cap fund, Nippon India Value Fund is a Value and Contra fund, run by Motilal Oswal Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 44.5%. Motilal Oswal Large Cap Fund charges 0.99% a year and Nippon India Value Fund 1.26%.
Which has given higher returns, Motilal Oswal Large Cap Fund or Nippon India Value Fund?
Over 1 year: Motilal Oswal Large Cap Fund −7.08%, Nippon India Value Fund −11.61%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Motilal Oswal Large Cap Fund or Nippon India Value Fund?
Motilal Oswal Large Cap Fund charges less: 0.99% a year against 1.26%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Motilal Oswal Large Cap Fund and Nippon India Value Fund overlap?
44.5%. They hold 24 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, SBIN. From each fund's latest monthly portfolio.
Which is riskier, Motilal Oswal Large Cap Fund or Nippon India Value Fund?
On SEBI's riskometer, Motilal Oswal Large Cap Fund is rated Very High and Nippon India Value Fund Very High. Over 1 years, the standard deviation of daily returns was 13.83% and 14.64% a year.
Can I invest in both Motilal Oswal Large Cap Fund and Nippon India Value Fund?
Yes. 44.5% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Motilal Oswal Large Cap Fund and Nippon India Value Fund?
Motilal Oswal Large Cap Fund: Atul Mehra, Santosh Singh, Ajay Khandelwal, Rakesh Shetty, Swapnil Mayekar. Nippon India Value Fund: Dhrumil Shah FM 1, Meenakshi Dawar FM 2.
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.