Motilal Oswal Nifty Midcap 100 ETF vs Motilal Oswal Nifty MidSmall India Consumption Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Motilal Oswal Nifty Midcap 100 ETF is an ETF fund and Motilal Oswal Nifty MidSmall India Consumption Index Fund is a mutual fund. In the year to 30-10-2026, Motilal Oswal Nifty Midcap 100 ETF returned −4.1% and Motilal Oswal Nifty MidSmall India Consumption Index Fund (Direct) returned −13.9%. Motilal Oswal Nifty Midcap 100 ETF charges 0.34% a year and Motilal Oswal Nifty MidSmall India Consumption Index Fund 0.80%. Their portfolios overlap 27.2%: they hold 26 of the same securities.
Motilal Oswal Nifty Midcap 100 ETF
ETF
- 1 year return
- −4.1%
- Expense ratio
- 0.34%
- NAV
- ₹61.90
Motilal Oswal Nifty MidSmall India Consumption Index Fund
- 1 year return
- −13.9%
- Expense ratio
- 0.80%
- NAV
- ₹8.98
Which is better, Motilal Oswal Nifty Midcap 100 ETF or Motilal Oswal Nifty MidSmall India Consumption Index? 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 Nifty Midcap 100 ETF returned more over 1 year: −4.1% against −13.9%.
- Motilal Oswal Nifty Midcap 100 ETF costs less: 0.34% a year against 0.80%.
- Motilal Oswal Nifty Midcap 100 ETF fell less in its worst fall since 25-11-2024: −19.3% against −24.3%.
- Motilal Oswal Nifty Midcap 100 ETF is the larger fund: ₹821 Cr against ₹23 Cr.
- Their portfolios overlap 27.2%: 26 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 Nifty Midcap 100 ETF | Motilal Oswal Nifty MidSmall India Consumption Index Fund |
|---|---|---|
| Fund house | Motilal Oswal Mutual Fund | Motilal Oswal Mutual Fund |
| Category | ETF | Not available |
| AUM | ₹821 Cr (30-09-2026) | ₹23 Cr (30-09-2026) |
| NAV | ₹61.90 | ₹8.98 (Direct) |
| Expense ratio (Direct) | Not available | 0.80% |
| Expense ratio (Regular) | Not available | 1.22% |
| Riskometer | Very High | Not available |
| Benchmark | NIFTY Midcap 100 TRI | Not available |
| Launch date | 31-01-2011 | Not available |
| Minimum investment | ₹500 | Not available |
| Lock in | None | Not available |
| Fund managers | Swapnil Mayekar | Not available |
| Exit load | Yes | Not available |
Motilal Oswal Nifty Midcap 100 ETF vs Motilal Oswal Nifty MidSmall India Consumption Index: 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 Nifty Midcap 100 ETF | −3.38% | −8.43% | −3.85% | −4.14% | +14.53% | +14.09% | +14.13% |
| Motilal Oswal Nifty MidSmall India Consumption Index Fund (Direct) | −3.28% | −10.84% | −3.45% | −13.86% | -- | -- | -- |
Motilal Oswal Nifty Midcap 100 ETF vs Motilal Oswal Nifty MidSmall India Consumption Index: Year-wise Returns
| Year | Midcap 100 ETFMotilal Oswal Nifty Midcap 100 ETF | MidSmall India Consumption IndexMotilal Oswal Nifty MidSmall India Consumption Index |
|---|---|---|
| 2026to date | −4.83% | −9.18% |
| 2025 | +6.22% | −8.27% |
| 2024 | +24.51% | -- |
| 2023 | +47.37% | -- |
| 2022 | +4.11% | -- |
| 2021 | +46.83% | -- |
Motilal Oswal Nifty Midcap 100 ETF vs Motilal Oswal Nifty MidSmall India Consumption Index: Rolling Returns
Every holding period of both funds, against NIFTY Midcap 100 TRI, the benchmark of Motilal Oswal Nifty Midcap 100 ETF
Rolling returns
Every 1-year holding period, 230 of them, one for each trading day from 25-11-2025 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 Nifty Midcap 100 ETF
Motilal Oswal Nifty MidSmall India Consumption Index Fund (Direct)
NIFTY Midcap 100 TRI
to
Dec 2025Feb 2025
to
Feb 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Aug 2025
to
Aug 2026Oct 2025
to
Oct 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 Nifty Midcap 100 ETF | 3.0 | 19.6 | 39.1 | 26.5 | 8.3 | 3.5 | 0.0 | 8.7% | 8.2% | −5.5% | 22.0% | 0% |
| Motilal Oswal Nifty MidSmall India Consumption Index | 92.6 | 6.6 | 0.9 | 0.0 | 0.0 | 0.0 | 0.0 | −6.0% | −6.5% | −17.1% | 5.5% | 0% |
| NIFTY Midcap 100 TRI | 3.0 | 18.3 | 39.1 | 27.4 | 8.7 | 3.5 | 0.0 | 8.9% | 8.3% | −5.4% | 22.2% | -- |
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 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 25-11-2024. Past returns do not promise future returns.
Motilal Oswal Nifty Midcap 100 ETF vs Motilal Oswal Nifty MidSmall India Consumption Index: 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 04-11-2024 to 30-10-2026: 24 instalments, ₹2,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Motilal Oswal Nifty Midcap 100 ETFMotilal Oswal Nifty Midcap 100 ETF | ₹2,40,000 | ₹2,40,701 | ₹701 | 0.3% |
| Motilal Oswal Nifty MidSmall India Consumption IndexMotilal Oswal Nifty MidSmall India Consumption Index Fund (Direct) | ₹2,40,000 | ₹2,20,267 | −₹19,733 | −8.1% |
Motilal Oswal Nifty Midcap 100 ETFMotilal Oswal Nifty Midcap 100 ETF
Motilal Oswal Nifty MidSmall India Consumption IndexMotilal Oswal Nifty MidSmall India Consumption Index 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 Nifty Midcap 100 ETF vs Motilal Oswal Nifty MidSmall India Consumption Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Motilal Oswal Nifty Midcap 100 ETF | Motilal Oswal Nifty MidSmall India Consumption Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.14% | −13.86% |
| Standard deviation | 17.09% | 16.79% |
| Sharpe ratio | -0.55 | -1.14 |
| Sortino ratio | -0.73 | -1.49 |
| Maximum drawdown | −14.2% (30-03-2026) | −20.1% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.08% | −0.45% |
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 Nifty Midcap 100 ETF | Motilal Oswal Nifty MidSmall India Consumption Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.02% | −6.76% |
| Standard deviation | 18.20% | 16.83% |
| Sharpe ratio | 0.43 | -0.74 |
| Sortino ratio | 0.56 | -0.97 |
| Maximum drawdown | −48.4% (23-03-2020) | −24.3% (31-03-2026) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.67% |
From daily NAVs, 03-02-2011 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 Nifty Midcap 100 ETF
Motilal Oswal Nifty MidSmall India Consumption Index Fund (Direct)
NIFTY Midcap 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Motilal Oswal Nifty Midcap 100 ETF | −19.3% | 16-12-2024 | 28-02-2025 | 09-06-2025 | 3 months | −10.7% |
| Motilal Oswal Nifty MidSmall India Consumption Index Fund (Direct) | −24.3% | 16-12-2024 | 31-03-2026 | Not yet | -- | −18.4% |
| NIFTY Midcap 100 TRI | −19.3% | 16-12-2024 | 28-02-2025 | 09-06-2025 | 3 months | −10.7% |
From daily values since 25-11-2024, 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 Nifty Midcap 100 ETF
Motilal Oswal Nifty MidSmall India Consumption Index Fund (Direct)
NIFTY Midcap 100 TRI
Against NIFTY Midcap 100 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Motilal Oswal Nifty Midcap 100 ETF | 100% | 100% | 0.05% |
| Motilal Oswal Nifty MidSmall India Consumption Index Fund (Direct) | 74% | 103% | 10.11% |
From month-end values since 25-11-2024. 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 Nifty Midcap 100 ETF vs Motilal Oswal Nifty MidSmall India Consumption Index: Portfolio Overlap
From each fund's latest monthly portfolio: Motilal Oswal Nifty Midcap 100 ETF, September 2026; Motilal Oswal Nifty MidSmall India Consumption Index Fund, September 2026
Holdings in common
- Overlap
- 27.2%
- Held by both
- 26
- Only in Motilal Oswal Nifty Midcap 100 ETF
- 74
- Only in Motilal Oswal Nifty MidSmall India Consumption Index
- 4
| Security | % of Motilal Oswal Nifty Midcap 100 ETF | % of Motilal Oswal Nifty MidSmall India Consumption Index |
|---|---|---|
| Hero MotoCorp Limited | 2.09% | 7.03% |
| The Indian Hotels Company Limited | 1.96% | 6.61% |
| Dixon Technologies (India) Limited | 1.67% | 5.64% |
| Lenskart Solutions Limited | 1.54% | 5.19% |
| Info Edge India Ltd | 1.45% | 4.89% |
| FSN E-Commerce Ventures Limited | 1.34% | 4.53% |
| Marico Limited | 1.28% | 4.31% |
| United Spirits Limited | 1.23% | 4.14% |
| Fortis Healthcare Limited | 1.23% | 4.15% |
| Swiggy Limited | 1.15% | 3.88% |
| The Phoenix Mills Limited | 1.11% | 3.74% |
| Radico Khaitan Limited | 1.05% | 3.54% |
| Lodha Developers Limited | 1.03% | 3.49% |
| Mankind Pharma Limited | 0.87% | 2.93% |
| Vishal Mega Mart Limited | 0.87% | 2.93% |
| Havells India Limited | 0.78% | 2.65% |
| Prestige Estates Projects Limited | 0.77% | 2.58% |
| Voltas Limited | 0.75% | 2.52% |
| Colgate Palmolive (India) Limited | 0.71% | 2.40% |
| Page Industries Limited | 0.70% | 2.37% |
| Dabur India Limited | 0.69% | 2.32% |
| Godrej Properties Limited | 0.67% | 2.28% |
| Oberoi Realty Limited | 0.64% | 2.15% |
| Blue Star Limited | 0.60% | 2.04% |
| Jubilant Foodworks Limited | 0.55% | 1.85% |
| Indian Railway Catering And Tourism Corporation Limited | 0.42% | 1.42% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 27.2% means 27.2% 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 Nifty Midcap 100 ETF
| Security | % of fund |
|---|---|
| Multi Commodity Exchange of India Limited | 2.58% |
| The Federal Bank Limited | 2.40% |
| Laurus Labs Limited | 2.36% |
| One 97 Communications Limited | 2.21% |
| Coforge Limited | 1.87% |
Largest holdings only in Motilal Oswal Nifty MidSmall India Consumption Index Fund
| Security | % of fund |
|---|---|
| Alkem Laboratories Limited | 3.22% |
| Torrent Power Limited | 2.45% |
| ITC Hotels Limited | 1.90% |
| Crompton Greaves Consumer Electricals Limited | 1.39% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Motilal Oswal Nifty Midcap 100 ETF | Motilal Oswal Nifty MidSmall India Consumption Index |
|---|---|---|
| Equity | 100.0% | 100.5% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.0% | -0.5% |
Market cap of stocks
| Market cap | Motilal Oswal Nifty Midcap 100 ETF | Motilal Oswal Nifty MidSmall India Consumption Index |
|---|---|---|
| Large Cap | 7.1% | 0.0% |
| Mid Cap | 91.3% | 97.3% |
| Small Cap | 1.6% | 3.2% |
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 Nifty Midcap 100 ETF | Motilal Oswal Nifty MidSmall India Consumption Index |
|---|---|---|
| Retailing | 7.0% | 21.4% |
| Consumer Durables | 5.0% | 14.2% |
| Realty | 4.2% | 14.2% |
| Leisure Services | 2.9% | 11.8% |
| Banks | 10.7% | 0.0% |
| Pharmaceuticals & Biotechnology | 8.0% | 6.2% |
| Beverages | 2.3% | 7.7% |
| Automobiles | 2.1% | 7.0% |
| Electrical Equipment | 7.0% | 0.0% |
| IT - Software | 5.3% | 0.0% |
| Capital Markets | 5.3% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Motilal Oswal Nifty Midcap 100 ETF vs Motilal Oswal Nifty MidSmall India Consumption Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Motilal Oswal Nifty Midcap 100 ETF | Motilal Oswal Nifty MidSmall India Consumption Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.80% |
| Base expense ratio (Direct) | 0.00% | 0.55% |
| Total expense ratio (Regular) | Not available | 1.22% |
| Base expense ratio (Regular) | 0.20% | 0.90% |
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.
Motilal Oswal Nifty Midcap 100 ETF vs Motilal Oswal Nifty MidSmall India Consumption Index Fund: Frequently Asked Questions
What is the difference between Motilal Oswal Nifty Midcap 100 ETF and Motilal Oswal Nifty MidSmall India Consumption Index Fund?
Motilal Oswal Nifty Midcap 100 ETF is an ETF fund, Motilal Oswal Nifty MidSmall India Consumption Index Fund is a mutual fund, run by Motilal Oswal Mutual Fund. Their portfolios overlap 27.2%. Motilal Oswal Nifty Midcap 100 ETF charges 0.34% a year and Motilal Oswal Nifty MidSmall India Consumption Index Fund 0.80%.
Which has given higher returns, Motilal Oswal Nifty Midcap 100 ETF or Motilal Oswal Nifty MidSmall India Consumption Index Fund?
Over 1 year: Motilal Oswal Nifty Midcap 100 ETF −4.14%, Motilal Oswal Nifty MidSmall India Consumption Index Fund −13.86%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Motilal Oswal Nifty Midcap 100 ETF or Motilal Oswal Nifty MidSmall India Consumption Index Fund?
Motilal Oswal Nifty Midcap 100 ETF charges less: 0.34% a year against 0.80%. These are the total expense ratios reported to AMFI.
How much do Motilal Oswal Nifty Midcap 100 ETF and Motilal Oswal Nifty MidSmall India Consumption Index Fund overlap?
27.2%. They hold 26 of the same securities, the largest shared ones being HEROMOTOCO, INDHOTEL, DIXON. From each fund's latest monthly portfolio.
Can I invest in both Motilal Oswal Nifty Midcap 100 ETF and Motilal Oswal Nifty MidSmall India Consumption Index Fund?
Yes. 27.2% 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.