Motilal Oswal Nifty Smallcap 250 ETF vs Motilal Oswal Nifty Smallcap 250 Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Motilal Oswal Nifty Smallcap 250 ETF is an ETF fund and Motilal Oswal Nifty Smallcap 250 Index Fund is an Index fund. In the year to 30-10-2026, Motilal Oswal Nifty Smallcap 250 ETF returned −3.6% and Motilal Oswal Nifty Smallcap 250 Index Fund (Direct) returned −3.6%. Motilal Oswal Nifty Smallcap 250 ETF charges 0.58% a year and Motilal Oswal Nifty Smallcap 250 Index Fund 0.46%. Their portfolios overlap 98.6%: they hold 249 of the same securities.
Motilal Oswal Nifty Smallcap 250 ETF
ETF
- 1 year return
- −3.6%
- Expense ratio
- 0.58%
- NAV
- ₹16.84
Motilal Oswal Nifty Smallcap 250 Index Fund
Index
- 1 year return
- −3.6%
- Expense ratio
- 0.46%
- NAV
- ₹37.57
Which is better, Motilal Oswal Nifty Smallcap 250 ETF or Motilal Oswal Nifty Smallcap 250 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 Smallcap 250 Index returned more over 1 year: −3.6% against −3.6%.
- Motilal Oswal Nifty Smallcap 250 Index costs less: 0.46% a year against 0.58%.
- Motilal Oswal Nifty Smallcap 250 ETF fell less in its worst fall since 21-03-2024: −26.1% against −26.2%.
- Motilal Oswal Nifty Smallcap 250 Index is the larger fund: ₹1,243 Cr against ₹250 Cr.
- Their portfolios overlap 98.6%: 249 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 Smallcap 250 ETF | Motilal Oswal Nifty Smallcap 250 Index Fund |
|---|---|---|
| Fund house | Motilal Oswal Mutual Fund | Motilal Oswal Mutual Fund |
| Category | ETF | Index |
| AUM | ₹250 Cr (30-09-2026) | ₹1,243 Cr (30-09-2026) |
| NAV | ₹16.84 | ₹37.57 (Direct) |
| Expense ratio (Direct) | Not available | 0.46% |
| Expense ratio (Regular) | Not available | 1.15% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Smallcap 250 TRI | Nifty Smallcap 250 TRI |
| Launch date | 15-03-2024 | 06-09-2019 |
| Minimum investment | On the Exchange: As the Scheme would be listed on the exchange, the investor can buy units on an ongoing basis on NSE at the traded prices which may be close to the actual NAV of the Scheme. The units are purchased in round lots of 1 unit. Directly with t | ₹500 |
| Lock in | None | None |
| Fund managers | Swapnil Mayekar, Rakesh Shetty | Swapnil Mayekar |
| Exit load | Nil | Yes |
Motilal Oswal Nifty Smallcap 250 ETF vs Motilal Oswal Nifty Smallcap 250 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 Smallcap 250 ETF | −5.81% | −6.08% | +0.30% | −3.63% | -- | -- | -- |
| Motilal Oswal Nifty Smallcap 250 Index Fund (Direct) | −5.80% | −6.01% | +0.39% | −3.58% | +11.89% | +12.52% | -- |
Motilal Oswal Nifty Smallcap 250 ETF vs Motilal Oswal Nifty Smallcap 250 Index: Year-wise Returns
| Year | ETFMotilal Oswal Nifty Smallcap 250 ETF | IndexMotilal Oswal Nifty Smallcap 250 Index | Nifty Smallcap 250 TRI |
|---|---|---|---|
| 2026to date | +0.54% | +0.61% | +1.00% |
| 2025 | −5.74% | −5.63% | −5.48% |
| 2024 | -- | +26.46% | +27.21% |
| 2023 | -- | +48.32% | +49.09% |
| 2022 | -- | −3.42% | −2.64% |
| 2021 | -- | +61.24% | +63.34% |
Motilal Oswal Nifty Smallcap 250 ETF vs Motilal Oswal Nifty Smallcap 250 Index: Rolling Returns
Every holding period of both funds, against Nifty Smallcap 250 TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 397 of them, one for each trading day from 21-03-2025 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 Smallcap 250 ETF
Motilal Oswal Nifty Smallcap 250 Index Fund (Direct)
Nifty Smallcap 250 TRI
to
May 2025Aug 2024
to
Aug 2025Nov 2024
to
Nov 2025Mar 2025
to
Mar 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 Nifty Smallcap 250 ETF | 40.3 | 32.7 | 20.7 | 5.8 | 0.5 | 0.0 | 0.0 | 1.2% | 1.2% | −12.1% | 15.5% | 1% |
| Motilal Oswal Nifty Smallcap 250 Index | 39.4 | 33.3 | 20.5 | 6.3 | 0.5 | 0.0 | 0.0 | 1.3% | 1.4% | −12.0% | 15.8% | 1% |
| Nifty Smallcap 250 TRI | 38.0 | 32.5 | 20.9 | 7.8 | 0.8 | 0.0 | 0.0 | 1.6% | 1.7% | −11.9% | 16.3% | -- |
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 Smallcap 250 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 21-03-2024. Past returns do not promise future returns.
Motilal Oswal Nifty Smallcap 250 ETF vs Motilal Oswal Nifty Smallcap 250 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 21-03-2024 to 30-10-2026: 32 instalments, ₹3,20,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Motilal Oswal Nifty Smallcap 250 ETFMotilal Oswal Nifty Smallcap 250 ETF | ₹3,20,000 | ₹3,24,450 | ₹4,450 | 1.0% |
| Motilal Oswal Nifty Smallcap 250 IndexMotilal Oswal Nifty Smallcap 250 Index Fund (Direct) | ₹3,20,000 | ₹3,24,161 | ₹4,161 | 0.9% |
Motilal Oswal Nifty Smallcap 250 ETFMotilal Oswal Nifty Smallcap 250 ETF
Motilal Oswal Nifty Smallcap 250 IndexMotilal Oswal Nifty Smallcap 250 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 Smallcap 250 ETF vs Motilal Oswal Nifty Smallcap 250 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Motilal Oswal Nifty Smallcap 250 ETF | Motilal Oswal Nifty Smallcap 250 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −3.63% | −3.58% |
| Standard deviation | 18.12% | 18.05% |
| Sharpe ratio | -0.49 | -0.49 |
| Sortino ratio | -0.66 | -0.66 |
| Maximum drawdown | −18.3% (23-03-2026) | −18.3% (23-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.47% | −0.42% |
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 Smallcap 250 ETF | Motilal Oswal Nifty Smallcap 250 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.17% | +20.04% |
| Standard deviation | 19.15% | 19.60% |
| Sharpe ratio | 0.07 | 0.76 |
| Sortino ratio | 0.09 | 0.98 |
| Maximum drawdown | −26.1% (03-03-2025) | −42.4% (24-03-2020) |
| Beta | 1.00 | 0.99 |
| Alpha | −0.50% | −0.59% |
From daily NAVs, 21-03-2024 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 Nifty Smallcap 250 ETF
Motilal Oswal Nifty Smallcap 250 Index Fund (Direct)
Nifty Smallcap 250 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Motilal Oswal Nifty Smallcap 250 ETF | −26.1% | 23-09-2024 | 03-03-2025 | Not yet | -- | −9.7% |
| Motilal Oswal Nifty Smallcap 250 Index Fund (Direct) | −26.2% | 23-09-2024 | 03-03-2025 | Not yet | -- | −9.6% |
| Nifty Smallcap 250 TRI | −26.0% | 23-09-2024 | 03-03-2025 | 26-08-2026 | 18 months | −9.4% |
From daily values since 21-03-2024, 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 Smallcap 250 ETF
Motilal Oswal Nifty Smallcap 250 Index Fund (Direct)
Nifty Smallcap 250 TRI
Against Nifty Smallcap 250 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Motilal Oswal Nifty Smallcap 250 ETF | 99% | 101% | 0.23% |
| Motilal Oswal Nifty Smallcap 250 Index Fund (Direct) | 99% | 101% | 0.16% |
From month-end values since 21-03-2024. 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 Smallcap 250 ETF vs Motilal Oswal Nifty Smallcap 250 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Motilal Oswal Nifty Smallcap 250 ETF, September 2026; Motilal Oswal Nifty Smallcap 250 Index Fund, September 2026
Holdings in common
- Overlap
- 98.6%
- Held by both
- 249
- Only in Motilal Oswal Nifty Smallcap 250 ETF
- 0
- Only in Motilal Oswal Nifty Smallcap 250 Index
- 0
| Security | % of Motilal Oswal Nifty Smallcap 250 ETF | % of Motilal Oswal Nifty Smallcap 250 Index |
|---|---|---|
| Sona BLW Precision Forgings Limited | 1.67% | 1.67% |
| Welspun Corp Limited | 1.60% | 1.60% |
| Karur Vysya Bank Limited | 1.38% | 1.38% |
| Navin Fluorine International Limited | 1.36% | 1.36% |
| Ather Energy Limited | 1.21% | 1.21% |
| RBL Bank Limited | 1.12% | 1.12% |
| Delhivery Limited | 1.11% | 1.11% |
| Redington Limited | 1.08% | 1.08% |
| Gland Pharma Limited | 1.04% | 1.04% |
| HFCL Limited | 1.04% | 1.04% |
| Central Depository Services (India) Limited | 1.01% | 1.01% |
| City Union Bank Limited | 0.98% | 0.98% |
| Sterlite Technologies Limited | 0.97% | 1.19% |
| Sai Life Sciences Limited | 0.95% | 0.95% |
| PNB Housing Finance Limited | 0.95% | 0.94% |
| Cupid Limited | 0.94% | 0.94% |
| Sansera Engineering Limited | 0.90% | 0.90% |
| Krishna Institute Of Medical Sciences Limited | 0.89% | 0.89% |
| Anand Rathi Wealth Limited | 0.87% | 0.87% |
| Kirloskar Oil Engines Limited | 0.86% | 0.86% |
| Neuland Laboratories Limited | 0.83% | 0.83% |
| TD Power Systems Ltd | 0.80% | 0.80% |
| Angel One Limited | 0.80% | 0.80% |
| Bandhan Bank Limited | 0.79% | 0.79% |
| Wockhardt Limited | 0.78% | 0.78% |
| Aegis Logistics Limited | 0.78% | 0.78% |
| Manappuram Finance Limited | 0.78% | 0.78% |
| Acutaas Chemicals Limited | 0.76% | 0.76% |
| MTAR Technologies Limited | 0.76% | 0.74% |
| Himadri Speciality Chemical Limited | 0.72% | 0.72% |
| Computer Age Management Services Limited | 0.72% | 0.72% |
| Craftsman Automation Limited | 0.71% | 0.71% |
| Poonawalla Fincorp Limited | 0.71% | 0.71% |
| Kalpataru Projects International Limited | 0.70% | 0.70% |
| Dr. Lal Path Labs Limited | 0.70% | 0.69% |
| The Great Eastern Shipping Company Limited | 0.69% | 0.69% |
| Carborundum Universal Limited | 0.65% | 0.65% |
| Amber Enterprises India Limited | 0.65% | 0.65% |
| IIFL Finance Limited | 0.63% | 0.63% |
| Syrma SGS Technology Ltd | 0.62% | 0.62% |
| Cholamandalam Financial Holdings Limited | 0.62% | 0.62% |
| Crompton Greaves Consumer Electricals Limited | 0.60% | 0.60% |
| Nuvama Wealth Management Ltd | 0.60% | 0.60% |
| PTC Industries Ltd | 0.60% | 0.60% |
| Elgi Equipments Limited | 0.59% | 0.59% |
| Apollo Tyres Limited | 0.59% | 0.59% |
| Piramal Pharma Limited | 0.58% | 0.58% |
| Data Patterns (India) Limited | 0.58% | 0.58% |
| Granules India Limited | 0.56% | 0.56% |
| Cartrade Tech Limited | 0.56% | 0.56% |
| Star Health And Allied Insurance Company Limited | 0.56% | 0.56% |
| Tata Technologies Ltd | 0.55% | 0.54% |
| Onesource Specialty Pharma Limited | 0.54% | 0.54% |
| Asahi India Glass Limited | 0.52% | 0.52% |
| Timken India Limited | 0.51% | 0.50% |
| KFin Technologies Limited | 0.50% | 0.50% |
| Finolex Cables Limited | 0.49% | 0.49% |
| Kaynes Technology India Limited | 0.49% | 0.49% |
| The Ramco Cements Limited | 0.48% | 0.48% |
| ZF Commercial Vehicle Control Systems India Limited | 0.48% | 0.48% |
| Home First Finance Company India Limited | 0.48% | 0.48% |
| Tata Elxsi Limited | 0.48% | 0.48% |
| Brigade Enterprises Limited | 0.48% | 0.48% |
| Sammaan Capital Limited | 0.47% | 0.47% |
| Deepak Nitrite Limited | 0.47% | 0.47% |
| Aditya Infotech Limited | 0.47% | 0.47% |
| Indraprastha Gas Limited | 0.46% | 0.46% |
| Five Star Business Finance Limited | 0.45% | 0.45% |
| Kajaria Ceramics Limited | 0.45% | 0.45% |
| Sagility Limited | 0.44% | 0.44% |
| AWL Agri Business Limited | 0.44% | 0.44% |
| Aarti Industries Limited | 0.44% | 0.44% |
| Affle 3i Limited | 0.43% | 0.43% |
| Tata Chemicals Limited | 0.43% | 0.43% |
| Pine Labs Limited | 0.43% | 0.43% |
| Castrol India Limited | 0.43% | 0.43% |
| Capri Global Capital Limited | 0.43% | 0.43% |
| Atul Limited | 0.42% | 0.42% |
| Inventurus Knowledge Solutions Limited | 0.41% | 0.41% |
| Usha Martin Limited | 0.41% | 0.41% |
| Anant Raj Limited | 0.41% | 0.41% |
| Deepak Fertilizers and Petrochemicals Corporation Limited | 0.41% | 0.41% |
| Amara Raja Energy & Mobility Ltd | 0.41% | 0.41% |
| Belrise Industries Ltd. | 0.41% | 0.41% |
| Net web Technologies India Limited | 0.40% | 0.40% |
| PVR INOX Limited | 0.40% | 0.40% |
| HBL Engineering Limited | 0.40% | 0.40% |
| Acme Solar Holdings Ltd | 0.40% | 0.40% |
| Jyoti CNC Automation Ltd | 0.40% | 0.40% |
| Motherson Sumi Wiring India Limited | 0.39% | 0.39% |
| Cyient Limited | 0.39% | 0.39% |
| Indian Energy Exchange Limited | 0.38% | 0.38% |
| Azad Engineering Ltd | 0.38% | 0.38% |
| Ola Electric Mobility Ltd | 0.38% | 0.38% |
| CESC Limited | 0.38% | 0.38% |
| Engineers India Limited | 0.38% | 0.38% |
| Aptus Value Housing Finance India Limited | 0.38% | 0.38% |
| R R Kabel Limited | 0.38% | 0.37% |
| KPIT Technologies Limited | 0.37% | 0.37% |
| Force Motors Limited | 0.37% | 0.37% |
| SPR Auto Technologies Ltd | 0.37% | 0.37% |
| NBCC (India) Limited | 0.36% | 0.36% |
| Emcure Pharmaceuticals Ltd | 0.36% | 0.36% |
| PG Electroplast Limited | 0.36% | 0.36% |
| Firstsource Solutions Limited | 0.36% | 0.36% |
| Gabriel India Limited | 0.35% | 0.35% |
| Nava Limited | 0.35% | 0.35% |
| Balrampur Chini Mills Limited | 0.34% | 0.34% |
| BEML Limited | 0.34% | 0.34% |
| Shyam Metalics and Energy Limited | 0.34% | 0.34% |
| Emami Limited | 0.34% | 0.33% |
| PhysicsWallah Limited | 0.33% | 0.33% |
| Zen Technologies Limited | 0.33% | 0.33% |
| Jaiprakash Power Ventures Limited | 0.33% | 0.33% |
| Aditya Birla Sun Life AMC Limited | 0.33% | 0.33% |
| Honeywell Automation India Limited | 0.33% | 0.33% |
| eClerx Services Limited | 0.33% | 0.33% |
| Natco Pharma Limited | 0.33% | 0.33% |
| ACC Limited | 0.32% | 0.32% |
| Cohance Lifesciences Limited | 0.32% | 0.32% |
| Vijaya Diagnostic Centre Limited | 0.32% | 0.32% |
| EID Parry India Limited | 0.32% | 0.32% |
| Welspun Living Limited | 0.32% | 0.32% |
| Ramkrishna Forgings Limited | 0.32% | 0.32% |
| CCL Products (India) Limited | 0.32% | 0.32% |
| Schneider Electric Infrastructure Limited | 0.32% | 0.32% |
| Chennai Petroleum Corporation Limited | 0.31% | 0.31% |
| Zee Entertainment Enterprises Limited | 0.31% | 0.31% |
| Syngene International Limited | 0.31% | 0.31% |
| CEAT Limited | 0.31% | 0.31% |
| CreditAccess Grameen Limited | 0.31% | 0.31% |
| IRB Infrastructure Developers Limited | 0.31% | 0.31% |
| Inox Wind Limited | 0.30% | 0.30% |
| Paradeep Phosphates Limited | 0.30% | 0.30% |
| Cemindia Projects Ltd | 0.30% | 0.30% |
| Whirlpool of India Limited | 0.30% | 0.30% |
| Honasa Consumer Limited | 0.29% | 0.29% |
| Poly Medicure Limited | 0.29% | 0.29% |
| Jindal Saw Ltd | 0.29% | 0.29% |
| Garden Reach Shipbuilders & Engineers Limited | 0.29% | 0.29% |
| Titagarh Rail Systems Limited | 0.29% | 0.29% |
| Rainbow Childrens Medicare Limited | 0.29% | 0.29% |
| Choice International Limited | 0.28% | 0.28% |
| Triveni Turbine Limited | 0.28% | 0.28% |
| The Jammu & Kashmir Bank Limited | 0.28% | 0.28% |
| Mahanagar Gas Limited | 0.27% | 0.27% |
| Aditya Birla Real Estate Limited | 0.27% | 0.27% |
| Chambal Fertilizers & Chemicals Limited | 0.27% | 0.27% |
| Thangamayil Jewellery Limited | 0.27% | 0.27% |
| EIH Limited | 0.27% | 0.27% |
| Sun TV Network Limited | 0.27% | 0.27% |
| Can Fin Homes Limited | 0.27% | 0.27% |
| Gillette India Limited | 0.26% | 0.26% |
| Rubicon Research Limited | 0.26% | 0.26% |
| PCBL Chemical Limited | 0.26% | 0.26% |
| Reliance Power Limited | 0.26% | 0.26% |
| TBO Tek Limited | 0.26% | 0.26% |
| Aether Industries Limited | 0.25% | 0.25% |
| Jubilant Ingrevia Limited | 0.25% | 0.25% |
| Urban Company Ltd | 0.25% | 0.25% |
| Intellect Design Arena Limited | 0.25% | 0.25% |
| Vedanta Power Ltd | 0.25% | 0.25% |
| Vedanta Oil and Gas Ltd | 0.25% | 0.25% |
| LT Foods Limited | 0.25% | 0.25% |
| Minda Corporation Limited | 0.25% | 0.25% |
| Devyani International Limited | 0.25% | 0.25% |
| Canara HSBC Life Insurance company Ltd | 0.24% | 0.24% |
| Godawari Power and Ispat Ltd | 0.24% | 0.24% |
| Vedanta Iron And Steel Limited | 0.24% | 0.25% |
| Sumitomo Chemical India Limited | 0.24% | 0.24% |
| Caplin Point Laboratories Limited | 0.24% | 0.24% |
| Sobha Limited | 0.24% | 0.24% |
| Vardhman Textiles Limited | 0.24% | 0.24% |
| Tenneco Clean Air India Limited | 0.23% | 0.23% |
| Techno Electric & Engineering Company Limited | 0.23% | 0.23% |
| Graphite India Limited | 0.23% | 0.23% |
| Central Bank of India | 0.23% | 0.23% |
| Action Construction Equipment Limited | 0.23% | 0.23% |
| NCC Limited | 0.23% | 0.23% |
| Lemon Tree Hotels Limited | 0.23% | 0.23% |
| Aavas Financiers Limited | 0.22% | 0.22% |
| KEC International Limited | 0.22% | 0.22% |
| Zensar Technologies Limited | 0.22% | 0.22% |
| CIE Automotive India Limited | 0.22% | 0.22% |
| Zydus Wellness Ltd | 0.22% | 0.22% |
| JM Financial Limited | 0.22% | 0.22% |
| Indiamart Intermesh Limited | 0.22% | 0.22% |
| IDBI Bank Limited | 0.21% | 0.21% |
| Gravita India Limited | 0.21% | 0.21% |
| IFCI Limited | 0.21% | 0.21% |
| NMDC Steel Limited | 0.21% | 0.21% |
| Shipping Corporation Of India Limited | 0.21% | 0.21% |
| Olectra Greentech Limited | 0.21% | 0.21% |
| Doms Industries Limited | 0.21% | 0.21% |
| Sarda Energy and Minerals Limited | 0.21% | 0.21% |
| Inox India Limited | 0.21% | 0.21% |
| Aadhar Housing Finance Limited | 0.21% | 0.21% |
| Privi Speciality Chemicals Limited | 0.21% | 0.21% |
| Emmvee Photovoltaic Power Limited | 0.20% | 0.20% |
| Concord Biotech Limited | 0.20% | 0.20% |
| Kirloskar Brothers Limited | 0.20% | 0.20% |
| Birlasoft Limited | 0.20% | 0.20% |
| KSB Limited | 0.20% | 0.20% |
| SJVN Limited | 0.19% | 0.19% |
| Aegis Vopak Terminals Limited | 0.19% | 0.19% |
| Gujarat Mineral Development Corporation Limited | 0.19% | 0.19% |
| JK Tyre & Industries Limited | 0.19% | 0.19% |
| HEG Graphite Ltd | 0.19% | 0.18% |
| Tejas Networks Limited | 0.18% | 0.18% |
| Brainbees Solutions Ltd | 0.18% | 0.18% |
| Bata India Limited | 0.18% | 0.18% |
| Elecon Engineering Company Limited | 0.18% | 0.18% |
| The New India Assurance Company Limited | 0.18% | 0.18% |
| Clean Max Enviro Energy Solutions Limited | 0.18% | 0.18% |
| Swan Corp Limited | 0.18% | 0.18% |
| UTI Asset Management Company Limited | 0.17% | 0.17% |
| Afcons Infrastructure Limited | 0.17% | 0.17% |
| Clean Science and Technology Limited | 0.17% | 0.17% |
| Allied Blenders And Distillers Limited | 0.17% | 0.17% |
| Black Box Limited | 0.17% | 0.17% |
| IRCON International Limited | 0.17% | 0.17% |
| Tega Industries Limited | 0.16% | 0.16% |
| Fractal Analytics Ltd | 0.16% | 0.16% |
| JSW Cement Limited | 0.16% | 0.16% |
| Anupam Rasayan India Limited | 0.16% | 0.16% |
| Nuvoco Vistas Corporation Limited | 0.15% | 0.15% |
| International Gemological Institute Limited | 0.14% | 0.14% |
| Jupiter Wagons Limited | 0.14% | 0.14% |
| Prime Focus Limited | 0.14% | 0.14% |
| Trident Limited | 0.13% | 0.13% |
| Mangalore Refinery and Petrochemicals Limited | 0.13% | 0.13% |
| RITES Limited | 0.13% | 0.13% |
| Transformers And Rectifiers (India) Limited | 0.13% | 0.13% |
| Avanti Feeds Limited | 0.13% | 0.13% |
| Signatureglobal (India) Limited | 0.13% | 0.13% |
| BLS International Services Limited | 0.12% | 0.12% |
| UCO Bank | 0.12% | 0.12% |
| ITI Limited | 0.11% | 0.11% |
| RHI Magnesita India Limited | 0.11% | 0.11% |
| Central Mine Planning & Design Institute Limited | 0.10% | 0.10% |
| RailTel Corporation of India Limited | 0.10% | 0.10% |
| JBM Auto Limited | 0.10% | 0.10% |
| Jain Resource Recycling Limited | 0.09% | 0.09% |
| The India Cements Limited | 0.09% | 0.09% |
| Tata Teleservices (Maharashtra) Limited | 0.08% | 0.08% |
| HEG Advanced Materials Ltd | 0.08% | 0.08% |
| Bharat Coking Coal Limited | 0.07% | 0.07% |
| Gallantt Ispat Limited | 0.07% | 0.07% |
| MMTC Limited | 0.04% | 0.04% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 98.6% means 98.6% 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 Smallcap 250 ETF
Every holding of this fund is also held by the other.
Largest holdings only in Motilal Oswal Nifty Smallcap 250 Index Fund
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Motilal Oswal Nifty Smallcap 250 ETF | Motilal Oswal Nifty Smallcap 250 Index |
|---|---|---|
| Equity | 98.7% | 98.8% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.3% | 1.2% |
Market cap of stocks
| Market cap | Motilal Oswal Nifty Smallcap 250 ETF | Motilal Oswal Nifty Smallcap 250 Index |
|---|---|---|
| Large Cap | 0.0% | 0.0% |
| Mid Cap | 2.7% | 2.7% |
| Small Cap | 95.0% | 95.2% |
| Not on AMFI's list | 1.0% | 1.0% |
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 Nifty Smallcap 250 ETF | Motilal Oswal Nifty Smallcap 250 Index |
|---|---|---|
| Industrial Products | 8.7% | 8.6% |
| Auto Components | 8.4% | 8.4% |
| Pharmaceuticals & Biotechnology | 7.8% | 7.8% |
| Finance | 7.6% | 7.6% |
| Chemicals & Petrochemicals | 5.7% | 5.7% |
| Capital Markets | 5.4% | 5.4% |
The six largest sectors of each fund's stocks, % of the fund.
Motilal Oswal Nifty Smallcap 250 ETF vs Motilal Oswal Nifty Smallcap 250 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Motilal Oswal Nifty Smallcap 250 ETF | Motilal Oswal Nifty Smallcap 250 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.46% |
| Base expense ratio (Direct) | 0.00% | 0.28% |
| Total expense ratio (Regular) | Not available | 1.15% |
| Base expense ratio (Regular) | 0.27% | 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 Smallcap 250 ETF vs Motilal Oswal Nifty Smallcap 250 Index Fund: Frequently Asked Questions
What is the difference between Motilal Oswal Nifty Smallcap 250 ETF and Motilal Oswal Nifty Smallcap 250 Index Fund?
Motilal Oswal Nifty Smallcap 250 ETF is an ETF fund, Motilal Oswal Nifty Smallcap 250 Index Fund is an Index fund, run by Motilal Oswal Mutual Fund. Their portfolios overlap 98.6%. Motilal Oswal Nifty Smallcap 250 ETF charges 0.58% a year and Motilal Oswal Nifty Smallcap 250 Index Fund 0.46%.
Which has given higher returns, Motilal Oswal Nifty Smallcap 250 ETF or Motilal Oswal Nifty Smallcap 250 Index Fund?
Over 1 year: Motilal Oswal Nifty Smallcap 250 ETF −3.63%, Motilal Oswal Nifty Smallcap 250 Index Fund −3.58%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Motilal Oswal Nifty Smallcap 250 ETF or Motilal Oswal Nifty Smallcap 250 Index Fund?
Motilal Oswal Nifty Smallcap 250 Index Fund charges less: 0.46% a year against 0.58%. These are the total expense ratios reported to AMFI.
How much do Motilal Oswal Nifty Smallcap 250 ETF and Motilal Oswal Nifty Smallcap 250 Index Fund overlap?
98.6%. They hold 249 of the same securities, the largest shared ones being SONACOMS, WELCORP, KARURVYSYA. From each fund's latest monthly portfolio.
Which is riskier, Motilal Oswal Nifty Smallcap 250 ETF or Motilal Oswal Nifty Smallcap 250 Index Fund?
On SEBI's riskometer, Motilal Oswal Nifty Smallcap 250 ETF is rated Very High and Motilal Oswal Nifty Smallcap 250 Index Fund Very High. Over 1 years, the standard deviation of daily returns was 18.12% and 18.05% a year.
Can I invest in both Motilal Oswal Nifty Smallcap 250 ETF and Motilal Oswal Nifty Smallcap 250 Index Fund?
Yes. 98.6% 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 Smallcap 250 ETF and Motilal Oswal Nifty Smallcap 250 Index Fund?
Motilal Oswal Nifty Smallcap 250 ETF: Swapnil Mayekar, Rakesh Shetty. Motilal Oswal Nifty Smallcap 250 Index Fund: Swapnil Mayekar.
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.