Motilal Oswal Multi Cap Fund vs Motilal Oswal Quality Fund
Direct Plan, Growth option · Data as on 30-10-2026
Motilal Oswal Multi Cap Fund is a Multi Cap fund and Motilal Oswal Quality Fund is a Thematic fund. Motilal Oswal Multi Cap Fund charges 1.20% a year and Motilal Oswal Quality Fund 4.78% (Direct plans). Their portfolios overlap 31.1%: they hold 12 of the same securities.
Which is better, Motilal Oswal Multi Cap or Motilal Oswal Quality? 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 Multi Cap costs less: 1.20% a year against 4.78% (Direct plans).
- Motilal Oswal Quality fell less in its worst fall since 22-09-2026: −6.1% against −8.7%.
- Motilal Oswal Multi Cap is the larger fund: ₹4,601 Cr against ₹40 Cr.
- Their portfolios overlap 31.1%: 12 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 Multi Cap Fund | Motilal Oswal Quality Fund |
|---|---|---|
| Fund house | Motilal Oswal Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Multi Cap | Thematic |
| AUM | ₹4,601 Cr (30-09-2026) | ₹40 Cr (30-09-2026) |
| NAV | ₹14.86 (Direct) | ₹9.97 (Direct) |
| Expense ratio (Direct) | 1.20% | 4.78% |
| Expense ratio (Regular) | 2.31% | 4.90% |
| Riskometer | Very High | Not available |
| Benchmark | NIFTY 500 Multicap 50:25:25 Total Return Index | Not available |
| Launch date | 18-06-2024 | Not available |
| Minimum investment | ₹500 | Not available |
| Lock in | None | Not available |
| Fund managers | Ajay Khandelwal, Sandeep Jain, Atul Mehra, Rakesh Shetty, Swapnil Mayekar | Not available |
| 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. | Not available |
Motilal Oswal Multi Cap vs Motilal Oswal Quality: 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 Multi Cap Fund (Direct) | −1.25% | +3.81% | +17.42% | +5.13% | -- | -- | -- |
| Motilal Oswal Quality Fund (Direct) | +0.93% | -- | -- | -- | -- | -- | -- |
| Multi Cap average | −2.65% | −3.95% | +1.99% | −1.14% | -- | -- | -- |
| Thematic average | −2.09% | -- | -- | -- | -- | -- | -- |
Category average: the average of the 33 Multi Cap funds and the 235 Thematic funds, same plan type.
Motilal Oswal Multi Cap vs Motilal Oswal Quality: Year-wise Returns
| Year | Multi CapMotilal Oswal Multi Cap | QualityMotilal Oswal Quality |
|---|---|---|
| 2026to date | +10.31% | -- |
| 2025 | −2.29% | -- |
Motilal Oswal Multi Cap vs Motilal Oswal Quality: Rolling Returns
Every holding period of both funds, against Nifty500 Multicap 50:25:25 TRI, the benchmark of Motilal Oswal Multi Cap Fund
Motilal Oswal Multi Cap vs Motilal Oswal Quality: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Motilal Oswal Multi Cap Fund (Direct) | Motilal Oswal Quality Fund (Direct) |
|---|---|---|
| Return (CAGR) | +17.06% | −7.00% |
| Standard deviation | 18.15% | 18.36% |
| Sharpe ratio | 0.62 | -0.68 |
| Sortino ratio | 0.88 | -0.97 |
| Maximum drawdown | −24.1% (30-03-2026) | −6.1% (23-10-2026) |
| Beta | 1.07 | 0.70 |
| Alpha | +16.92% | +9.36% |
From daily NAVs, 21-06-2024 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 Multi Cap Fund (Direct)
Motilal Oswal Quality Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Motilal Oswal Multi Cap Fund (Direct) | −8.7% | 23-09-2026 | 23-10-2026 | Not yet | -- | −5.3% |
| Motilal Oswal Quality Fund (Direct) | −6.1% | 13-10-2026 | 23-10-2026 | Not yet | -- | −1.5% |
| Nifty500 Multicap 50:25:25 TRI | −7.6% | 23-09-2026 | 23-10-2026 | Not yet | -- | −5.5% |
From daily values since 22-09-2026, the first day every fund has.
Motilal Oswal Multi Cap vs Motilal Oswal Quality: Portfolio Overlap
From each fund's latest monthly portfolio: Motilal Oswal Multi Cap Fund, September 2026; Motilal Oswal Quality Fund, September 2026
Holdings in common
- Overlap
- 31.1%
- Held by both
- 12
- Only in Motilal Oswal Multi Cap
- 23
- Only in Motilal Oswal Quality
- 7
| Security | % of Motilal Oswal Multi Cap | % of Motilal Oswal Quality |
|---|---|---|
| Eternal Limited | 4.38% | 4.21% |
| Shaily Engineering Plastics Limited | 4.02% | 3.73% |
| One 97 Communications Limited | 3.26% | 4.47% |
| Lenskart Solutions Limited | 4.30% | 3.23% |
| Coforge Limited | 3.04% | 2.81% |
| Aditya Infotech Limited | 2.70% | 4.82% |
| Bajaj Finance Ltd | 3.13% | 2.69% |
| ABB India Limited | 2.66% | 2.80% |
| Multi Commodity Exchange of India Limited | 2.35% | 3.82% |
| Muthoot Finance Limited | 2.32% | 3.25% |
| Billionbrains Garage Ventures Ltd | 1.03% | 3.35% |
| MTAR Technologies Limited | 2.33% | 0.11% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 31.1% means 31.1% 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 Multi Cap Fund
| Security | % of fund |
|---|---|
| Divi's Laboratories Limited | 5.03% |
| Kalyan Jewellers India Limited | 3.51% |
| RBL Bank Limited | 3.45% |
| CG Power and Industrial Solutions Limited | 3.40% |
| Shadowfax Technologies Limited | 3.05% |
Largest holdings only in Motilal Oswal Quality Fund
| Security | % of fund |
|---|---|
| Acutaas Chemicals Limited | 3.36% |
| Nippon Life India Asset Management Limited | 3.20% |
| Solar Industries India Limited | 2.97% |
| Samvardhana Motherson International Limited | 2.93% |
| Dixon Technologies (India) Limited | 2.85% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Motilal Oswal Multi Cap | Motilal Oswal Quality |
|---|---|---|
| Equity | 93.7% | 59.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 6.3% | 40.3% |
Market cap of stocks
| Market cap | Motilal Oswal Multi Cap | Motilal Oswal Quality |
|---|---|---|
| Large Cap | 29.5% | 27.3% |
| Mid Cap | 29.3% | 20.4% |
| Small Cap | 32.8% | 12.0% |
| Not on AMFI's list | 2.1% | 0.0% |
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 Multi Cap | Motilal Oswal Quality |
|---|---|---|
| Retailing | 11.7% | 7.4% |
| Finance | 10.9% | 5.9% |
| Capital Markets | 5.5% | 10.4% |
| Electrical Equipment | 10.0% | 2.9% |
| Consumer Durables | 9.8% | 9.0% |
| Banks | 6.4% | 0.0% |
| Transport Services | 6.0% | 0.0% |
| Industrial Manufacturing | 5.1% | 4.8% |
| Financial Technology (Fintech) | 3.6% | 4.5% |
The six largest sectors of each fund's stocks, % of the fund.
Motilal Oswal Multi Cap vs Motilal Oswal Quality: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Motilal Oswal Multi Cap Fund | Motilal Oswal Quality Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.20% | 4.78% |
| Base expense ratio (Direct) | 0.61% | 1.99% |
| Total expense ratio (Regular) | 2.31% | 4.90% |
| Base expense ratio (Regular) | 1.62% | 2.09% |
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 Multi Cap with
Motilal Oswal Multi Cap Fund vs Motilal Oswal Quality Fund: Frequently Asked Questions
What is the difference between Motilal Oswal Multi Cap Fund and Motilal Oswal Quality Fund?
Motilal Oswal Multi Cap Fund is a Multi Cap fund, Motilal Oswal Quality Fund is a Thematic fund, run by Motilal Oswal Mutual Fund. Their portfolios overlap 31.1%. Motilal Oswal Multi Cap Fund charges 1.20% a year and Motilal Oswal Quality Fund 4.78%.
Which has the lower expense ratio, Motilal Oswal Multi Cap Fund or Motilal Oswal Quality Fund?
Motilal Oswal Multi Cap Fund charges less: 1.20% a year against 4.78%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Motilal Oswal Multi Cap Fund and Motilal Oswal Quality Fund overlap?
31.1%. They hold 12 of the same securities, the largest shared ones being ETERNAL, SHAILY, PAYTM. From each fund's latest monthly portfolio.
Can I invest in both Motilal Oswal Multi Cap Fund and Motilal Oswal Quality Fund?
Yes. 31.1% 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.