Motilal Oswal Midcap Fund vs Sundaram Large and Midcap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Motilal Oswal Midcap Fund is a Mid Cap fund and Sundaram Large and Midcap Fund is a Large & Mid Cap fund. In the 3 years to 30-10-2026, Motilal Oswal Midcap Fund (Direct) returned 9.3% a year and Sundaram Large and Midcap Fund (Direct) returned 12.9% a year. Motilal Oswal Midcap Fund charges 0.92% a year and Sundaram Large and Midcap Fund 1.30% (Direct plans). Their portfolios overlap 27.9%: they hold 11 of the same securities.
Motilal Oswal Midcap Fund
Mid Cap
- 3 year return
- 9.3%
- Expense ratio
- 0.92%
- NAV
- ₹45.45
Sundaram Large and Midcap Fund
Large & Mid Cap
- 3 year return
- 12.9%
- Expense ratio
- 1.30%
- NAV
- ₹96.86
Which is better, Motilal Oswal Midcap or Sundaram Large and 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 Midcap returned more over 5 years: 10.7% a year against 10.2%.
- Sundaram Large and Midcap returned more over 3 years: 12.9% a year against 9.3%.
- Motilal Oswal Midcap costs less: 0.92% a year against 1.30% (Direct plans).
- Sundaram Large and Midcap swung less over 3 years: a standard deviation of 15.1% a year against 18.6%.
- Sundaram Large and Midcap fell less in its worst fall since 25-02-2014: −38.0% against −48.9%.
- Sundaram Large and Midcap holds more in large companies: 36.1% of the fund in large caps against 24.7%.
- Motilal Oswal Midcap is the larger fund: ₹40,208 Cr against ₹7,131 Cr.
- Their portfolios overlap 27.9%: 11 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 Midcap Fund | Sundaram Large and Midcap Fund |
|---|---|---|
| Fund house | Motilal Oswal Mutual Fund | Sundaram Mutual Fund |
| Category | Mid Cap | Large & Mid Cap |
| AUM | ₹40,208 Cr (30-09-2026) | ₹7,131 Cr (30-09-2026) |
| NAV | ₹45.45 (Direct) | ₹96.86 (Direct) |
| Expense ratio (Direct) | 0.92% | 1.30% |
| Expense ratio (Regular) | 1.63% | 2.31% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Midcap 150 TRI | Nifty LargeMidcap 250 TRI |
| Launch date | 24-02-2014 | 01-02-2007 |
| Minimum investment | ₹500 | ₹100 |
| Lock in | None | None |
| Fund managers | Ajay Khandelwal, Ankit Agarwal, Varun Sharma, Rakesh Shetty, Swapnil Mayekar | Madanagopal Ramu, Shalav Saket |
| Exit load | 1% - If redeemed on or before 365 days from the date of allotment. Nil - If redeemed after 365 days from the date of allotment. | Nil - If up to 25% of the units invested are redeemed or withdrawn by way of SWP within 365 days from the date of allotment. Any redemptions or withdrawals by way of SWP in excess of the above mentioned limit would be subject to an exit load of 1 % of the applicable NAV will be charged, if the units are redeemed within 365 days from the date of allotment of units. For redemption or withdrawal by way of SWP after 365 days from the date of allotment - Nil. Further, exit load will be waived on Intra-scheme and Inter scheme Switchouts/STP. Generally, the exit load will be calculated on First in First out (FIFO) basis |
Motilal Oswal Midcap vs Sundaram Large and 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 Midcap Fund (Direct) | −2.56% | −3.38% | +6.27% | −14.14% | +9.27% | +10.67% | +7.45% |
| Sundaram Large and Midcap Fund (Direct) | −4.75% | −6.50% | +2.25% | −3.04% | +12.88% | +10.18% | +13.91% |
| Mid Cap average | −3.36% | −6.03% | −0.14% | −2.17% | +14.75% | +12.95% | +14.07% |
| Large & Mid Cap average | −1.78% | −5.20% | −0.43% | −3.99% | +13.28% | +11.36% | +13.62% |
Category average: the average of the 34 Mid Cap funds and the 36 Large & Mid Cap funds, same plan type.
Motilal Oswal Midcap vs Sundaram Large and Midcap: Year-wise Returns
| Year | Motilal OswalMotilal Oswal Midcap | Sundaram Large andSundaram Large and Midcap |
|---|---|---|
| 2026to date | −8.77% | −2.87% |
| 2025 | −16.91% | +4.64% |
| 2024 | +48.57% | +22.39% |
| 2023 | +33.21% | +28.26% |
| 2022 | +4.51% | −0.17% |
| 2021 | +34.33% | +43.83% |
Motilal Oswal Midcap vs Sundaram Large and Midcap: Rolling Returns
Every holding period of both funds, against Nifty Midcap 150 TRI, the benchmark of Motilal Oswal Midcap Fund
Rolling returns
Every 3-year holding period, 2,383 of them, one for each trading day from 27-02-2017 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 Midcap Fund (Direct)
Sundaram Large and Midcap Fund (Direct)
Nifty Midcap 150 TRI
to
Dec 2017Jul 2016
to
Jul 2019Mar 2018
to
Mar 2021Nov 2019
to
Nov 2022Jul 2021
to
Jul 2024Jan 2023
to
Jan 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 Midcap | 15.6 | 17.7 | 7.6 | 18.5 | 12.9 | 11.9 | 15.8 | 11.5% | 12.7% | −16.0% | 31.8% | 12% |
| Sundaram Large and Midcap | 1.5 | 3.9 | 4.7 | 26.2 | 41.9 | 17.6 | 4.2 | 16.1% | 16.2% | −3.7% | 31.7% | 27% |
| Nifty Midcap 150 TRI | 5.4 | 7.2 | 6.3 | 10.4 | 10.9 | 28.5 | 31.2 | 19.4% | 22.1% | −8.3% | 40.6% | -- |
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 Midcap 150 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 25-02-2014. Past returns do not promise future returns.
Motilal Oswal Midcap vs Sundaram Large and 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 25-02-2014 to 30-10-2026: 153 instalments, ₹15,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Motilal Oswal MidcapMotilal Oswal Midcap Fund (Direct) | ₹15,30,000 | ₹29,46,732 | ₹14,16,732 | 9.8% |
| Sundaram Large and MidcapSundaram Large and Midcap Fund (Direct) | ₹15,30,000 | ₹39,63,005 | ₹24,33,005 | 14.0% |
Motilal Oswal MidcapMotilal Oswal Midcap Fund (Direct)
Sundaram Large and MidcapSundaram Large and 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 Midcap vs Sundaram Large and Midcap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Motilal Oswal Midcap Fund (Direct) | Sundaram Large and Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −14.14% | −3.04% |
| Standard deviation | 19.23% | 16.87% |
| Sharpe ratio | -1.01 | -0.49 |
| Sortino ratio | -1.34 | -0.67 |
| Maximum drawdown | −28.4% (31-03-2026) | −13.9% (31-03-2026) |
| Beta | 0.98 | 1.07 |
| Alpha | −9.98% | +4.27% |
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 Midcap Fund (Direct) | Sundaram Large and Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.27% | +12.88% |
| Standard deviation | 18.64% | 15.14% |
| Sharpe ratio | 0.17 | 0.45 |
| Sortino ratio | 0.23 | 0.61 |
| Maximum drawdown | −37.9% (31-03-2026) | −18.9% (28-02-2025) |
| Beta | 0.90 | 0.98 |
| Alpha | −3.73% | +1.44% |
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 Midcap Fund (Direct) | Sundaram Large and Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.67% | +10.18% |
| Standard deviation | 18.02% | 14.86% |
| Sharpe ratio | 0.27 | 0.29 |
| Sortino ratio | 0.36 | 0.40 |
| Maximum drawdown | −37.9% (31-03-2026) | −20.3% (20-06-2022) |
| Beta | 0.87 | 0.97 |
| Alpha | −2.14% | −0.30% |
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 Midcap Fund (Direct) | Sundaram Large and Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.67% | +14.26% |
| Standard deviation | 19.16% | 15.35% |
| Sharpe ratio | 0.36 | 0.54 |
| Sortino ratio | 0.46 | 0.72 |
| Maximum drawdown | −48.9% (23-03-2020) | −38.0% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 25-02-2014 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 Midcap Fund (Direct)
Sundaram Large and Midcap Fund (Direct)
Nifty Midcap 150 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Motilal Oswal Midcap Fund (Direct) | −48.9% | 05-01-2018 | 23-03-2020 | 14-09-2021 | 18 months | −25.6% |
| Sundaram Large and Midcap Fund (Direct) | −38.0% | 07-02-2020 | 23-03-2020 | 01-12-2020 | 8 months | −11.1% |
| Nifty Midcap 150 TRI | −43.1% | 08-01-2018 | 23-03-2020 | 23-11-2020 | 8 months | −10.5% |
From daily values since 25-02-2014, 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 Midcap Fund (Direct)
Sundaram Large and Midcap Fund (Direct)
Nifty Midcap 150 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 Midcap Fund (Direct)
Sundaram Large and Midcap Fund (Direct)
Nifty Midcap 150 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 Midcap Fund (Direct)
Sundaram Large and Midcap Fund (Direct)
Nifty Midcap 150 TRI
Against Nifty Midcap 150 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Motilal Oswal Midcap Fund (Direct) | 82% | 100% | 11.95% |
| Sundaram Large and Midcap Fund (Direct) | 82% | 77% | 6.66% |
From month-end values since 25-02-2014. 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 Midcap vs Sundaram Large and Midcap: Portfolio Overlap
From each fund's latest monthly portfolio: Motilal Oswal Midcap Fund, September 2026; Sundaram Large and Midcap Fund, September 2026
Holdings in common
- Overlap
- 27.9%
- Held by both
- 11
- Only in Motilal Oswal Midcap
- 19
- Only in Sundaram Large and Midcap
- 26
| Security | % of Motilal Oswal Midcap | % of Sundaram Large and Midcap |
|---|---|---|
| Eternal Limited | 6.72% | 4.11% |
| One 97 Communications Limited | 8.64% | 3.73% |
| Kalyan Jewellers India Limited | 7.98% | 3.41% |
| Shriram Finance Limited | 3.40% | 3.73% |
| Lenskart Solutions Limited | 2.94% | 4.67% |
| IDFC First Bank Limited | 2.40% | 2.39% |
| Coforge Limited | 5.43% | 1.95% |
| Prestige Estates Projects Limited | 2.20% | 1.81% |
| InterGlobe Aviation Limited | 1.75% | 2.91% |
| ICICI Prudential Asset Management Company Limited | 2.60% | 1.37% |
| PB Fintech Limited | 1.72% | 1.03% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 27.9% means 27.9% 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 Midcap Fund
| Security | % of fund |
|---|---|
| Aditya Birla Capital Limited | 4.64% |
| Persistent Systems Ltd | 4.43% |
| Sterlite Technologies Limited | 4.40% |
| KEI Industries Limited | 4.27% |
| Multi Commodity Exchange of India Limited | 3.74% |
Largest holdings only in Sundaram Large and Midcap Fund
| Security | % of fund |
|---|---|
| Radico Khaitan Ltd | 5.19% |
| MTAR Technologies Ltd | 3.84% |
| Five-Star Business Finance Ltd | 3.28% |
| TD Power Systems Ltd | 3.27% |
| Ujjivan Small Finance Bank Ltd | 3.20% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Motilal Oswal Midcap | Sundaram Large and Midcap |
|---|---|---|
| Equity | 94.8% | 96.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 5.2% | 3.3% |
Market cap of stocks
| Market cap | Motilal Oswal Midcap | Sundaram Large and Midcap |
|---|---|---|
| Large Cap | 24.7% | 36.1% |
| Mid Cap | 65.1% | 35.0% |
| Small Cap | 5.0% | 21.1% |
| Not on AMFI's list | 0.0% | 4.5% |
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 Midcap | Sundaram Large and Midcap |
|---|---|---|
| Retailing | 9.7% | 11.7% |
| Capital Markets | 11.6% | 1.4% |
| Consumer Durables | 11.4% | 3.4% |
| Financial Technology (Fintech) | 10.4% | 4.8% |
| Finance | 10.2% | 9.9% |
| Banks | 2.4% | 10.1% |
| IT - Software | 9.9% | 0.0% |
| Electrical Equipment | 5.2% | 8.9% |
| It - Software | 0.0% | 7.4% |
| Industrial Products | 4.3% | 7.2% |
The six largest sectors of each fund's stocks, % of the fund.
Motilal Oswal Midcap vs Sundaram Large and Midcap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Motilal Oswal Midcap Fund | Sundaram Large and Midcap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.92% | 1.30% |
| Base expense ratio (Direct) | 0.66% | 0.68% |
| Total expense ratio (Regular) | 1.63% | 2.31% |
| Base expense ratio (Regular) | 1.30% | 1.55% |
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 Midcap with
Compare Sundaram Large and Midcap with
Motilal Oswal Midcap Fund vs Sundaram Large and Midcap Fund: Frequently Asked Questions
What is the difference between Motilal Oswal Midcap Fund and Sundaram Large and Midcap Fund?
Motilal Oswal Midcap Fund is a Mid Cap fund, Sundaram Large and Midcap Fund is a Large & Mid Cap fund, run by Motilal Oswal Mutual Fund and Sundaram Mutual Fund. Their portfolios overlap 27.9%. Motilal Oswal Midcap Fund charges 0.92% a year and Sundaram Large and Midcap Fund 1.30%.
Which has given higher returns, Motilal Oswal Midcap Fund or Sundaram Large and Midcap Fund?
Over 1 year: Motilal Oswal Midcap Fund −14.14%, Sundaram Large and Midcap Fund −3.04%. Over 3 years: Motilal Oswal Midcap Fund +9.27% a year, Sundaram Large and Midcap Fund +12.88% a year. Over 5 years: Motilal Oswal Midcap Fund +10.67% a year, Sundaram Large and Midcap Fund +10.18% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Motilal Oswal Midcap Fund or Sundaram Large and Midcap Fund?
Motilal Oswal Midcap Fund charges less: 0.92% a year against 1.30%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Motilal Oswal Midcap Fund and Sundaram Large and Midcap Fund overlap?
27.9%. They hold 11 of the same securities, the largest shared ones being ETERNAL, PAYTM, KALYANKJIL. From each fund's latest monthly portfolio.
Which is riskier, Motilal Oswal Midcap Fund or Sundaram Large and Midcap Fund?
On SEBI's riskometer, Motilal Oswal Midcap Fund is rated Very High and Sundaram Large and Midcap Fund Very High. Over 3 years, the standard deviation of daily returns was 18.64% and 15.14% a year.
Which is better for SIP, Motilal Oswal Midcap Fund or Sundaram Large and Midcap Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,33,308 in Motilal Oswal Midcap Fund (XIRR 7.2% a year) and ₹7,84,222 in Sundaram Large and Midcap Fund (XIRR 9.8% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Motilal Oswal Midcap Fund and Sundaram Large and Midcap Fund?
Yes. 27.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Motilal Oswal Midcap Fund and Sundaram Large and Midcap Fund?
Motilal Oswal Midcap Fund: Ajay Khandelwal, Ankit Agarwal, Varun Sharma, Rakesh Shetty, Swapnil Mayekar. Sundaram Large and Midcap Fund: Madanagopal Ramu, Shalav Saket.
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.