Motilal Oswal Nifty Midcap 150 Index Fund vs Zerodha Nifty Midcap 150 ETF

Direct Plan, Growth option · Data as on 30-10-2026

Motilal Oswal Nifty Midcap 150 Index Fund is an Index fund and Zerodha Nifty Midcap 150 ETF is an ETF fund. In the year to 30-10-2026, Motilal Oswal Nifty Midcap 150 Index Fund (Direct) returned −4.5% and Zerodha Nifty Midcap 150 ETF (Direct) returned −3.9%. Motilal Oswal Nifty Midcap 150 Index Fund charges 0.39% a year and Zerodha Nifty Midcap 150 ETF 0.25% (Direct plans). Their portfolios overlap 99.0%: they hold 149 of the same securities.

Motilal Oswal Nifty Midcap 150 Index Fund

Index

1 year return: −4.5%
Expense ratio: 0.39%
NAV: ₹38.23

See Motilal Oswal Nifty Midcap 150 Index Fund

Zerodha Nifty Midcap 150 ETF

ETF

1 year return: −3.9%
Expense ratio: 0.25%
NAV: ₹10.61

See Zerodha Nifty Midcap 150 ETF

Which is better, Motilal Oswal Nifty Midcap 150 Index or Zerodha Nifty Midcap 150 ETF? Key differences

It depends on what you want from the fund. These are the differences in numbers, from the data on this page.

Zerodha Nifty Midcap 150 ETF returned more over 1 year: −3.9% against −4.5%.
Zerodha Nifty Midcap 150 ETF costs less: 0.25% a year against 0.39% (Direct plans).
Zerodha Nifty Midcap 150 ETF fell less in its worst fall since 18-06-2024: −20.8% against −21.0%.
Motilal Oswal Nifty Midcap 150 Index is the larger fund: ₹3,995 Cr against ₹265 Cr.
Their portfolios overlap 99.0%: 149 of the same holdings.

Past returns do not promise future returns. This page is information, not investment advice.

NAV comparison

How each fund's NAV moved over the same days, as % change since the first day of the range

Motilal Oswal Nifty Midcap 150 Index Fund (Direct)
+3.3%
Zerodha Nifty Midcap 150 ETF (Direct)
+3.6%

Change in NAV from 18-06-2024 to 30-10-2026

−10%0%+10%+20%

Key facts

From each fund's scheme summary document and AMFI

Fact	Motilal Oswal Nifty Midcap 150 Index Fund	Zerodha Nifty Midcap 150 ETF
Fund house	Motilal Oswal Mutual Fund	Zerodha Mutual Fund
Category	Index	ETF
AUM	₹3,995 Cr (30-09-2026)	₹265 Cr (30-09-2026)
NAV	₹38.23 (Direct)	₹10.61 (Direct)
Expense ratio (Direct)	0.39%	0.25%
Expense ratio (Regular)	1.13%	Not available
Riskometer	Very High	Very High
Benchmark	Nifty Midcap 150 TRI	Nifty Midcap 150 TRI
Launch date	06-09-2019	12-06-2024
Minimum investment	₹500	In creation unit size of 783,000 units and in multiples thereafter
Lock in	None	None
Fund managers	Swapnil Mayekar	Kedarnath Mirajkar
Exit load	Exit load of 1%, if redeemed within 15 days.	Not available

Motilal Oswal Nifty Midcap 150 Index vs Zerodha Nifty Midcap 150 ETF: 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 150 Index Fund (Direct)	−3.69%	−8.51%	−4.04%	−4.52%	+13.61%	+13.59%	--
Zerodha Nifty Midcap 150 ETF (Direct)	−3.65%	−8.39%	−3.73%	−3.87%	--	--	--

Motilal Oswal Nifty Midcap 150 Index vs Zerodha Nifty Midcap 150 ETF: Year-wise Returns

Year	Motilal Oswal Nifty Midcap 150 IndexMotilal Oswal Nifty Midcap 150 Index	Zerodha Nifty Midcap 150 ETFZerodha Nifty Midcap 150 ETF	Nifty Midcap 150 TRI
2026to date	−5.11%	−4.54%	−4.97%
2025	+5.81%	+6.41%	+5.98%
2024	+24.19%	--	+24.46%
2023	+44.31%	--	+44.61%
2022	+3.61%	--	+3.91%
2021	+46.89%	--	+48.16%

Motilal Oswal Nifty Midcap 150 Index vs Zerodha Nifty Midcap 150 ETF: Rolling Returns

Every holding period of both funds, against Nifty Midcap 150 TRI, the benchmark of both

Rolling returns

Every 1-year holding period, 337 of them, one for each trading day from 18-06-2025 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.

−10%−5%0%5%10%15%20%25%

Jul 2024
to
Jul 2025Oct 2024
to
Oct 2025Jan 2025
to
Jan 2026Apr 2025
to
Apr 2026Jul 2025
to
Jul 2026Sept 2025
to
Sept 2026

Motilal Oswal Nifty Midcap 150 Index Fund (Direct)Zerodha Nifty Midcap 150 ETF (Direct)Nifty Midcap 150 TRI

How the periods spread

Fund	Below 0%	0-5%	5-10%	10-15%	15-20%	20-25%	Mean	Median	Lowest	Highest	Beat benchmark
Motilal Oswal Nifty Midcap 150 Index	17.2	25.5	32.9	16.6	5.9	1.8	6.1%	5.7%	−5.9%	21.6%	1%
Zerodha Nifty Midcap 150 ETF	12.7	25.4	34.6	19.2	5.6	2.4	6.8%	6.4%	−5.4%	22.3%	100%
Nifty Midcap 150 TRI	16.3	24.6	34.1	16.9	5.9	2.1	6.3%	5.9%	−5.7%	21.8%	--

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 18-06-2024. Past returns do not promise future returns.

Motilal Oswal Nifty Midcap 150 Index vs Zerodha Nifty Midcap 150 ETF: 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

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 03-06-2024 to 30-10-2026: 29 instalments, ₹2,90,000 in all.

Investment	Invested	Value now	Gain	Return a year
Motilal Oswal Nifty Midcap 150 IndexMotilal Oswal Nifty Midcap 150 Index Fund (Direct)	₹2,90,000	₹2,89,269	−₹731	−0.2%
Zerodha Nifty Midcap 150 ETFZerodha Nifty Midcap 150 ETF (Direct)	₹2,90,000	₹2,91,109	₹1,109	0.3%

₹0₹1.0 L₹2.0 L₹3.0 L₹4.0 L

20252026

Motilal Oswal Nifty Midcap 150 IndexMotilal Oswal Nifty Midcap 150 Index Fund (Direct)Zerodha Nifty Midcap 150 ETFZerodha Nifty Midcap 150 ETF (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 150 Index vs Zerodha Nifty Midcap 150 ETF: Risk and Drawdowns

How much each fund swings, and the worst fall over the same days

Risk and return

Measure	Motilal Oswal Nifty Midcap 150 Index Fund (Direct)	Zerodha Nifty Midcap 150 ETF (Direct)
Return (CAGR)	−4.52%	−3.87%
Standard deviation	16.55%	16.68%
Sharpe ratio	-0.59	-0.55
Sortino ratio	-0.79	-0.73
Maximum drawdown	−13.9% (30-03-2026)	−13.8% (30-03-2026)
Beta	1.00	1.00
Alpha	−0.15%	+0.50%

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 150 Index Fund (Direct)	Zerodha Nifty Midcap 150 ETF (Direct)
Return (CAGR)	+20.40%	+1.52%
Standard deviation	18.27%	16.78%
Sharpe ratio	0.84	-0.25
Sortino ratio	1.10	-0.34
Maximum drawdown	−37.2% (23-03-2020)	−20.8% (28-02-2025)
Beta	0.99	1.00
Alpha	−0.08%	+0.42%

From daily NAVs, 11-09-2019 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.

−25%−20%−15%−10%−5%0%

20252026

Motilal Oswal Nifty Midcap 150 Index Fund (Direct)Zerodha Nifty Midcap 150 ETF (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 Nifty Midcap 150 Index Fund (Direct)	−21.0%	24-09-2024	28-02-2025	17-11-2025	9 months	−10.5%
Zerodha Nifty Midcap 150 ETF (Direct)	−20.8%	24-09-2024	28-02-2025	12-11-2025	8 months	−10.5%
Nifty Midcap 150 TRI	−20.9%	24-09-2024	28-02-2025	12-11-2025	8 months	−10.5%

From daily values since 18-06-2024, 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.

0%5%10%15%20%

2026

Motilal Oswal Nifty Midcap 150 Index Fund (Direct)Zerodha Nifty Midcap 150 ETF (Direct)Nifty Midcap 150 TRI

Against Nifty Midcap 150 TRI

Fund	Up capture	Down capture	Tracking error
Motilal Oswal Nifty Midcap 150 Index Fund (Direct)	99%	100%	0.05%
Zerodha Nifty Midcap 150 ETF (Direct)	101%	99%	0.08%

From month-end values since 18-06-2024. 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 150 Index vs Zerodha Nifty Midcap 150 ETF: Portfolio Overlap

From each fund's latest monthly portfolio: Motilal Oswal Nifty Midcap 150 Index Fund, September 2026; Zerodha Nifty Midcap 150 ETF, September 2026

Holdings in common

Overlap: 99.0%
Held by both: 149
Only in Motilal Oswal Nifty Midcap 150 Index: 0
Only in Zerodha Nifty Midcap 150 ETF: 1

Security	% of Motilal Oswal Nifty Midcap 150 Index	% of Zerodha Nifty Midcap 150 ETF
Multi Commodity Exchange of India Limited	2.08%	2.07%
The Federal Bank Limited	1.93%	1.93%
Laurus Labs Limited	1.90%	1.90%
One 97 Communications Limited	1.78%	1.78%
Hero MotoCorp Limited	1.68%	1.68%
The Indian Hotels Company Limited	1.58%	1.58%
Coforge Limited	1.50%	1.50%
Bharat Heavy Electricals Limited	1.49%	1.49%
IndusInd Bank Limited	1.46%	1.46%
AU Small Finance Bank Limited	1.45%	1.45%
Persistent Systems Ltd	1.42%	1.41%
Dixon Technologies (India) Limited	1.34%	1.34%
IDFC First Bank Limited	1.33%	1.33%
Bharat Forge Limited	1.32%	1.32%
GE Vernova T&D India Limited	1.28%	1.28%
Lenskart Solutions Limited	1.24%	1.24%
Life Insurance Corporation Of India	1.24%	1.23%
Lupin Limited	1.22%	1.21%
Suzlon Energy Limited	1.18%	1.18%
Indus Towers Limited	1.18%	1.18%
Info Edge India Ltd	1.16%	1.16%
Aurobindo Pharma Limited	1.14%	1.14%
Ashok Leyland Limited	1.09%	1.09%
FSN E-Commerce Ventures Limited	1.08%	1.08%
Marico Limited	1.03%	1.03%
Fortis Healthcare Limited	0.99%	0.99%
United Spirits Limited	0.99%	0.99%
APL Apollo Tubes Limited	0.98%	0.98%
ICICI Lombard General Insurance Company Limited	0.95%	0.96%
Swiggy Limited	0.93%	0.93%
PB Fintech Limited	0.93%	0.93%
REC Limited	0.92%	0.92%
Yes Bank Limited	0.91%	0.91%
Max Financial Services Limited	0.90%	0.90%
The Phoenix Mills Limited	0.89%	0.89%
SRF Limited	0.89%	0.88%
Glenmark Pharmaceuticals Limited	0.87%	0.87%
Radico Khaitan Limited	0.84%	0.84%
Hindustan Petroleum Corporation Limited	0.83%	0.83%
Lodha Developers Limited	0.83%	0.83%
GMR Airports Limited	0.81%	0.81%
Apar Industries Limited	0.80%	0.80%
Aditya Birla Capital Limited	0.80%	0.80%
Alkem Laboratories Limited	0.77%	0.77%
JSW Energy Limited	0.75%	0.75%
National Aluminium Company Limited	0.75%	0.75%
UPL Limited	0.75%	0.75%
Shree Cement Limited	0.74%	0.74%
Sundaram Finance Limited	0.74%	0.74%
Vishal Mega Mart Limited	0.70%	0.70%
MphasiS Limited	0.70%	0.70%
Indian Bank	0.70%	0.70%
Mankind Pharma Limited	0.70%	0.70%
NHPC Limited	0.68%	0.68%
KEI Industries Limited	0.68%	0.68%
360 One WAM Limited	0.67%	0.67%
Piramal Finance Limited	0.66%	0.66%
IPCA Laboratories Limited	0.66%	0.66%
Billionbrains Garage Ventures Ltd	0.65%	0.65%
Steel Authority of India Limited	0.65%	0.65%
NMDC Limited	0.65%	0.65%
Biocon Limited	0.64%	0.64%
Lloyds Metals And Energy Limited	0.64%	0.63%
Havells India Limited	0.63%	0.63%
MRF Limited	0.63%	0.63%
Oracle Financial Services Software Limited	0.63%	0.62%
Prestige Estates Projects Limited	0.62%	0.62%
Tube Investments Of India Limited	0.62%	0.62%
Voltas Limited	0.60%	0.60%
Oil India Limited	0.60%	0.60%
Jindal Stainless Limited	0.58%	0.58%
Torrent Power Limited	0.58%	0.58%
Colgate Palmolive (India) Limited	0.57%	0.57%
Page Industries Limited	0.57%	0.56%
Waaree Energies Limited	0.56%	0.56%
L&T Finance Limited	0.56%	0.56%
Dabur India Limited	0.55%	0.55%
Supreme Industries Limited	0.55%	0.55%
Godrej Properties Limited	0.54%	0.54%
Mahindra & Mahindra Financial Services Limited	0.53%	0.53%
Petronet LNG Limited	0.53%	0.52%
Coromandel International Limited	0.52%	0.52%
Kalyan Jewellers India Limited	0.52%	0.52%
UNO Minda Limited	0.52%	0.52%
JK Cement Limited	0.52%	0.52%
JSW Infrastructure Ltd	0.52%	0.52%
Oberoi Realty Limited	0.51%	0.51%
Meesho Ltd	0.51%	0.51%
Blue Star Limited	0.49%	0.48%
Tata Communications Limited	0.48%	0.48%
Nippon Life India Asset Management Limited	0.48%	0.48%
Gujarat Fluorochemicals Limited	0.46%	0.46%
Exide Industries Limited	0.46%	0.46%
PI Industries Limited	0.46%	0.46%
Aster DM Quality Care Limited	0.46%	0.46%
ICICI Prudential Asset Management Company Limited	0.45%	0.45%
ITC Hotels Limited	0.45%	0.45%
Hindustan Copper Limited	0.45%	0.45%
Jubilant Foodworks Limited	0.44%	0.44%
LG Electronics India Ltd	0.43%	0.43%
ICICI Prudential Life Insurance Company Limited	0.43%	0.43%
SBI Cards and Payment Services Limited	0.42%	0.42%
Balkrishna Industries Limited	0.42%	0.42%
Astral Limited	0.41%	0.42%
Ajanta Pharma Limited	0.41%	0.41%
Adani Total Gas Limited	0.41%	0.41%
Bank of Maharashtra	0.40%	0.40%
Bank of India	0.39%	0.39%
LIC Housing Finance Limited	0.39%	0.39%
Motilal Oswal Financial Services Limited	0.39%	0.39%
Schaeffler India Limited	0.39%	0.39%
Container Corporation of India Limited	0.38%	0.38%
AIA Engineering Limited	0.37%	0.37%
Authum Investment And Infrastructure Limited	0.36%	0.36%
Abbott India Limited	0.35%	0.35%
Indian Railway Catering And Tourism Corporation Limited	0.34%	0.34%
Dalmia Bharat Limited	0.33%	0.33%
Linde India Limited	0.33%	0.33%
HDB Financial Services Limited	0.33%	0.32%
Thermax Limited	0.32%	0.32%
Berger Paints (I) Limited	0.32%	0.32%
General Insurance Corporation of India	0.32%	0.32%
Premier Energies Limited	0.31%	0.31%
Patanjali Foods Limited	0.31%	0.31%
Cochin Shipyard Limited	0.31%	0.31%
Narayana Hrudayalaya Limited	0.31%	0.30%
Global Health Limited	0.30%	0.30%
K.P.R. Mill Limited	0.30%	0.30%
GlaxoSmithKline Pharmaceuticals Limited	0.28%	0.28%
Rail Vikas Nigam Limited	0.28%	0.28%
CRISIL Limited	0.27%	0.27%
Bharti Hexacom Limited	0.26%	0.26%
Bharat Dynamics Limited	0.25%	0.25%
Anthem Biosciences Limited	0.23%	0.23%
NLC India Limited	0.23%	0.23%
Endurance Technologies Limited	0.23%	0.23%
L&T Technology Services Limited	0.22%	0.22%
Escorts Kubota Limited	0.22%	0.22%
Indian Renewable Energy Development Agency Limited	0.22%	0.22%
Bajaj Housing Finance Limited	0.22%	0.22%
Housing & Urban Development Corporation Limited	0.21%	0.21%
NTPC Green Energy Limited	0.21%	0.21%
United Breweries Limited	0.21%	0.21%
Tata Investment Corporation Limited	0.20%	0.20%
Godfrey Phillips India Limited	0.19%	0.19%
Hexaware Technologies Limited	0.18%	0.18%
Fertilizers and Chemicals Travancore Limited	0.12%	0.12%
Godrej Industries Limited	0.11%	0.11%
Indian Overseas Bank	0.11%	0.11%

Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.0% means 99.0% 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 150 Index Fund

Every holding of this fund is also held by the other.

Largest holdings only in Zerodha Nifty Midcap 150 ETF

Security	% of fund
Embassy Office Parks REIT	0.94%

Asset and sector split

Share of each fund, from its latest monthly portfolio

Asset allocation

Asset	Motilal Oswal Nifty Midcap 150 Index	Zerodha Nifty Midcap 150 ETF
Equity	99.1%	99.0%
Debt	0.0%	0.0%
Cash and others	0.9%	1.0%

Market cap of stocks

Market cap	Motilal Oswal Nifty Midcap 150 Index	Zerodha Nifty Midcap 150 ETF
Large Cap	5.7%	5.7%
Mid Cap	90.9%	90.8%
Small Cap	2.5%	2.5%

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 Nifty Midcap 150 Index	Zerodha Nifty Midcap 150 ETF
Pharmaceuticals & Biotechnology	9.2%	9.2%
Banks	8.7%	8.7%
Finance	6.8%	6.8%
Electrical Equipment	5.9%	5.9%
Retailing	5.6%	5.6%
Capital Markets	4.7%	4.7%

The six largest sectors of each fund's stocks, % of the fund.

Motilal Oswal Nifty Midcap 150 Index vs Zerodha Nifty Midcap 150 ETF: Expense Ratio

What each plan charges a year, from AMFI's expense ratio file

Charge	Motilal Oswal Nifty Midcap 150 Index Fund	Zerodha Nifty Midcap 150 ETF
Total expense ratio (Direct)	0.39%	0.25%
Base expense ratio (Direct)	0.23%	0.15%
Total expense ratio (Regular)	1.13%	Not available
Base expense ratio (Regular)	0.90%	0.00%

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 150 Index Fund vs Zerodha Nifty Midcap 150 ETF: Frequently Asked Questions

What is the difference between Motilal Oswal Nifty Midcap 150 Index Fund and Zerodha Nifty Midcap 150 ETF?

Motilal Oswal Nifty Midcap 150 Index Fund is an Index fund, Zerodha Nifty Midcap 150 ETF is an ETF fund, run by Motilal Oswal Mutual Fund and Zerodha Mutual Fund. Their portfolios overlap 99.0%. Motilal Oswal Nifty Midcap 150 Index Fund charges 0.39% a year and Zerodha Nifty Midcap 150 ETF 0.25%.

Which has given higher returns, Motilal Oswal Nifty Midcap 150 Index Fund or Zerodha Nifty Midcap 150 ETF?

Over 1 year: Motilal Oswal Nifty Midcap 150 Index Fund −4.52%, Zerodha Nifty Midcap 150 ETF −3.87%. As on 30-10-2026. Past returns do not promise future returns.

Which has the lower expense ratio, Motilal Oswal Nifty Midcap 150 Index Fund or Zerodha Nifty Midcap 150 ETF?

Zerodha Nifty Midcap 150 ETF charges less: 0.25% a year against 0.39%. These are the Direct plans' total expense ratios reported to AMFI.

How much do Motilal Oswal Nifty Midcap 150 Index Fund and Zerodha Nifty Midcap 150 ETF overlap?

99.0%. They hold 149 of the same securities, the largest shared ones being MCX, FEDERALBNK, LAURUSLABS. From each fund's latest monthly portfolio.

Which is riskier, Motilal Oswal Nifty Midcap 150 Index Fund or Zerodha Nifty Midcap 150 ETF?

On SEBI's riskometer, Motilal Oswal Nifty Midcap 150 Index Fund is rated Very High and Zerodha Nifty Midcap 150 ETF Very High. Over 1 years, the standard deviation of daily returns was 16.55% and 16.68% a year.

Can I invest in both Motilal Oswal Nifty Midcap 150 Index Fund and Zerodha Nifty Midcap 150 ETF?

Yes. 99.0% 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 Nifty Midcap 150 Index Fund and Zerodha Nifty Midcap 150 ETF?

Motilal Oswal Nifty Midcap 150 Index Fund: Swapnil Mayekar. Zerodha Nifty Midcap 150 ETF: Kedarnath Mirajkar.

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.