Motilal Oswal BSE Enhanced Value Index Fund is a mutual fund run by Motilal Oswal Mutual Fund. On 30-09-2026, it managed ₹2,132 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 18.6% a year and its Regular plan returned 17.8% a year. Its benchmark, BSE Enhanced Value Index TRI, returned 19.6% a year over the same 3 years.
NAV (Direct plan)
₹25.38
▼ 0.89% · 30-10-2026
NAV (Regular plan)
₹24.67
▼ 0.89% · 30-10-2026
Expense ratio
0.55%Direct1.16%Regular
0.55%
A year
Riskometer
Very High
Set by the fund house
3 year return
18.6%Direct17.8%Regular
18.6%
A year
Motilal Oswal BSE Enhanced Value Index Fund NAV Today
NAV on 30-10-2026: Direct Plan ₹25.38 (down 0.89% that day); Regular Plan ₹24.67 (down 0.89% that day).
This fund (Direct plan)
₹25.3775
Motilal Oswal BSE Enhanced Value Index Fund Returns vs BSE Enhanced Value Index TRI
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−2.90%
−7.90%
−10.84%
−7.30%
+18.64%
--
--
This fund (Regular)
−2.95%
−8.05%
−11.12%
−7.91%
+17.84%
--
--
BSE Enhanced Value Index TRI
−2.87%
−7.98%
−10.84%
−6.91%
+19.57%
+20.89%
+16.30%
Category average
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Best in category
--
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Worst in category
--
--
--
--
--
--
--
Rank in category
--
--
--
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No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds.
Motilal Oswal BSE Enhanced Value Index Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
BSE Enhanced Value Index TRI
2026to date
−10.62%
−11.10%
−10.45%
2025
+21.74%
+20.87%
+22.65%
2024
+19.95%
+19.16%
+21.23%
2023
+60.38%
+59.31%
+62.17%
Motilal Oswal BSE Enhanced Value Index Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 289 periods, one for each trading day from 26-08-2025 to 30-10-2026.
0%10%20%30%40%
Motilal Oswal BSE Enhanced Value Index Fund (Direct)
BSE Enhanced Value Index TRI
Sept 2022 to Sept 2025Dec 2022 to Dec 2025Feb 2023 to Feb 2026May 2023 to May 2026Jul 2023 to Jul 2026Sept 2023 to Sept 2026
Motilal Oswal BSE Enhanced Value Index Fund (Direct)BSE Enhanced Value Index TRI
0%
0%
Below 0%
0%
0%
0-5%
0%
0%
5-10%
0%
0%
10-15%
10%
6%
15-20%
11%
8%
20-25%
79%
86%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
780
21.3%
−11.0%
105.7%
17%
22.1%
1%
2 years
538
30.0%
−2.1%
65.2%
3%
31.3%
0%
3 years
289
31.4%
17.7%
38.6%
0%
32.7%
0%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
39
26.4%
−23.7%
118.1%
21%
27.4%
0%
2 years
27
16.3%
0.2%
74.0%
0%
17.1%
0%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than BSE Enhanced Value Index TRI over the same days. Past returns do not promise future returns.
Motilal Oswal BSE Enhanced Value Index Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Motilal Oswal BSE Enhanced Value Index Fund (Direct)This fund
BSE Enhanced Value Index TRI
Return (CAGR)
−7.30%
−6.91%
Standard deviation
17.37%
17.80%
Sharpe ratio
-0.72
-0.68
Sortino ratio
-0.93
-0.88
Maximum drawdown
−18.6%
(23-10-2026)
−18.6%
(23-10-2026)
Beta
1.00
1.00
Alpha
−0.42%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Motilal Oswal BSE Enhanced Value Index Fund (Direct)This fund
BSE Enhanced Value Index TRI
Return (CAGR)
+18.64%
+19.57%
Standard deviation
20.86%
21.06%
Sharpe ratio
0.60
0.64
Sortino ratio
0.81
0.85
Maximum drawdown
−21.8%
(28-02-2025)
−21.6%
(28-02-2025)
Beta
1.00
1.00
Alpha
−0.87%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Motilal Oswal BSE Enhanced Value Index Fund (Direct)This fund
BSE Enhanced Value Index TRI
Return (CAGR)
+23.70%
+24.76%
Standard deviation
19.62%
19.82%
Sharpe ratio
0.89
0.94
Sortino ratio
1.21
1.26
Maximum drawdown
−21.8%
(28-02-2025)
−21.6%
(28-02-2025)
Beta
0.99
1.00
Alpha
−0.97%
0.00%
From daily NAVs, 26-08-2022 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
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%
Motilal Oswal BSE Enhanced Value Index Fund (Direct)
BSE Enhanced Value Index TRI
2023202420252026
Motilal Oswal BSE Enhanced Value Index Fund (Direct)BSE Enhanced Value Index TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Motilal Oswal BSE Enhanced Value Index Fund (Direct)
−21.8%
31-07-2024
28-02-2025
29-10-2025
8 months
−18.1%
BSE Enhanced Value Index TRI
−21.6%
31-07-2024
28-02-2025
28-10-2025
8 months
−18.0%
From the Direct plan's daily NAV since 26-08-2022, adjusted for unit splits, and BSE Enhanced Value Index TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Motilal Oswal BSE Enhanced Value Index Fund Expense Ratio and Costs
What each plan charges a year, in force from 01-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Direct
0.35%
0.02%
0.00%
0.18%
0.55%
Regular
0.90%
0.02%
0.00%
0.24%
1.16%
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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−7.91%
−7.30%
0.61%
₹92,090
₹92,700
3 years
17.84%
18.64%
0.80% a year
₹1,63,636
₹1,66,991
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
Motilal Oswal BSE Enhanced Value Index Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 26-08-2022 to 30-10-2026: 51 instalments, ₹5,10,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planMotilal Oswal BSE Enhanced Value Index Fund (Direct)
₹5,10,000
₹6,86,903
₹1,76,903
14.1%
BSE Enhanced Value Index TRI
₹5,10,000
₹6,99,870
₹1,89,870
15.0%
₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L
Direct planMotilal Oswal BSE Enhanced Value Index Fund (Direct)
BSE Enhanced Value Index TRI
Amount invested
2023202420252026
Direct planMotilal Oswal BSE Enhanced Value Index Fund (Direct)BSE Enhanced Value Index TRIAmount invested
From each plan's published NAV (Growth option), the benchmark's TRI, 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 BSE Enhanced Value Index Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
100.0%Equity
Asset
Fund
Equity
100.0%
Market cap of stocks
Market cap
Fund
Large Cap
77.2%
Mid Cap
17.2%
Small Cap
5.5%
Share of the whole fund. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Motilal Oswal BSE Enhanced Value Index Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Banks25.6%
Petroleum Products17.4%
Oil8.9%
Finance8.0%
Consumable Fuels7.2%
Automobiles6.8%
Non - Ferrous Metals6.7%
Gas6.3%
Insurance6.1%
Ferrous Metals4.5%
The ten largest of 12 sectors. The other 2 add up to 2.4%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Banks
27.4%
28.1%
25.6%
−1.7%
Petroleum Products
19.0%
18.4%
17.4%
−1.6%
Oil
7.3%
7.0%
8.9%
+1.6%
Finance
9.4%
8.1%
8.0%
−1.4%
Consumable Fuels
6.5%
6.3%
7.2%
+0.7%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
Motilal Oswal BSE Enhanced Value Index Fund Portfolio Holdings
As on 30-09-2026 · 30 holdings · from the fund house's monthly portfolio
Holdings
Sector
Weight%
Holdings trend
1M change
Indian Oil Corporation Limited
Petroleum Products
7.21%
+3.7%
Bharat Petroleum Corporation Limited
Petroleum Products
7.18%
−5.5%
Coal India Limited
Consumable Fuels
7.15%
+0.9%
Oil & Natural Gas Corporation Limited
Oil
6.99%
−2.6%
State Bank of India
Banks
6.97%
−8.4%
Tata Motors Passenger Vehicles Limited
Automobiles
6.82%
−2.9%
Hindalco Industries Limited
Non - Ferrous Metals
6.68%
−21.3%
Life Insurance Corporation Of India
Insurance
4.89%
+169.5%
GAIL (India) Limited
Gas
4.66%
−2.3%
Steel Authority of India Limited
Ferrous Metals
4.54%
+33.3%
Power Finance Corporation Limited
Finance
3.91%
+0.2%
Bank of Baroda
Banks
3.84%
+9.9%
Canara Bank
Banks
3.51%
+3.1%
Punjab National Bank
Banks
3.39%
+7.2%
Hindustan Petroleum Corporation Limited
Petroleum Products
3.05%
−30.4%
REC Limited
Finance
2.72%
−4.4%
Union Bank of India
Banks
2.46%
−0.6%
Oil India Limited
Oil
1.91%
New
Petronet LNG Limited
Gas
1.61%
−4.0%
Indian Bank
Banks
1.54%
+2.7%
Bank of India
Banks
1.53%
+12.8%
LIC Housing Finance Limited
Finance
1.40%
+1.6%
AWL Agri Business Limited
Agricultural Food & other Products
1.35%
+40.1%
ACC Limited
Cement & Cement Products
1.08%
+56.0%
Bandhan Bank Limited
Banks
0.91%
−0.3%
General Insurance Corporation of India
Insurance
0.90%
+12.6%
Bank of Maharashtra
Banks
0.81%
−15.9%
Central Bank of India
Banks
0.52%
+86.5%
The New India Assurance Company Limited
Insurance
0.29%
−10.5%
UCO Bank
Banks
0.17%
+2.1%
Motilal Oswal BSE Enhanced Value Index Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
Hindalco Industries Limited
↓Reduced
−21.3%
6.68%
State Bank of India
↓Reduced
−8.4%
6.97%
Bharat Petroleum Corporation Limited
↓Reduced
−5.5%
7.18%
Tata Motors Passenger Vehicles Limited
↓Reduced
−2.9%
6.82%
Indian Oil Corporation Limited
↑Added
+3.7%
7.21%
Coal India Limited
↑Added
+0.9%
7.15%
Oil & Natural Gas Corporation Limited
↓Reduced
−2.6%
6.99%
Life Insurance Corporation Of India
↑Added
+169.5%
4.89%
GAIL (India) Limited
↓Reduced
−2.3%
4.66%
Steel Authority of India Limited
↑Added
+33.3%
4.54%
Hindustan Petroleum Corporation Limited
↓Reduced
−30.4%
3.05%
Power Finance Corporation Limited
↑Added
+0.2%
3.91%
Bank of Baroda
↑Added
+9.9%
3.84%
Canara Bank
↑Added
+3.1%
3.51%
Punjab National Bank
↑Added
+7.2%
3.39%
REC Limited
↓Reduced
−4.4%
2.72%
IndusInd Bank Limited
↓Sold out
−100%
was 2.64%
Union Bank of India
↓Reduced
−0.6%
2.46%
Oil India Limited
↑New
New
1.91%
Petronet LNG Limited
↓Reduced
−4.0%
1.61%
Indian Bank
↑Added
+2.7%
1.54%
Bank of India
↑Added
+12.8%
1.53%
LIC Housing Finance Limited
↑Added
+1.6%
1.40%
AWL Agri Business Limited
↑Added
+40.1%
1.35%
ACC Limited
↑Added
+56.0%
1.08%
Bank of Maharashtra
↓Reduced
−15.9%
0.81%
Bandhan Bank Limited
↓Reduced
−0.3%
0.91%
General Insurance Corporation of India
↑Added
+12.6%
0.90%
Central Bank of India
↑Added
+86.5%
0.52%
The New India Assurance Company Limited
↓Reduced
−10.5%
0.29%
UCO Bank
↑Added
+2.1%
0.17%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Motilal Oswal BSE Enhanced Value Index Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.55%
Expense ratio (Regular)
1.16%
Category
Index
Risk
Very High
Benchmark
BSE Enhanced Value TRI
Launch date
22-08-2022
Minimum investment
₹500
Minimum additional investment
₹500
AUM
₹2,131.66 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
150518
ISIN (Direct)
INF247L01BF2
Scheme code (Regular)
150519
ISIN (Regular)
INF247L01BG0
NAV history
From 26-08-2022, 4.2 years
Exit load
Yes
Tax on Motilal Oswal BSE Enhanced Value Index Fund returns
Motilal Oswal BSE Enhanced Value Index Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
₹25.3775
30-10-2026
regular
₹24.6708
30-10-2026
About Motilal Oswal BSE Enhanced Value Index Fund
Motilal Oswal BSE Enhanced Value Index Fund is a mutual fund from Motilal Oswal Mutual Fund. Its category is Index. It was launched on 22-08-2022. Its benchmark is BSE Enhanced Value TRI. At the end of September 2026 it held 30 securities.
Fund Manager
Swapnil Mayekar
Fund manager of Motilal Oswal BSE Enhanced Value Index Fund, since 26-08-2022
Rakesh Shetty
Fund manager of Motilal Oswal BSE Enhanced Value Index Fund, since 22-11-2022
Frequently Asked Questions for Motilal Oswal BSE Enhanced Value Index Fund
What is the current NAV of Motilal Oswal BSE Enhanced Value Index Fund?
The Direct plan NAV is ₹25.3775. The Regular plan NAV is ₹24.6708, as on 30-10-2026.
What are the returns of Motilal Oswal BSE Enhanced Value Index Fund?
The Direct plan returned −7.30% in 1 year, +18.64% a year over 3 years. The Regular plan returned −7.91% in 1 year, +17.84% a year over 3 years. These figures are as on 30-10-2026.
What is the expense ratio of Motilal Oswal BSE Enhanced Value Index Fund?
The Direct plan charges 0.55% a year. The Regular plan charges 1.16% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.
What is the AUM of Motilal Oswal BSE Enhanced Value Index Fund?
Motilal Oswal BSE Enhanced Value Index Fund managed ₹2,131.66 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Motilal Oswal BSE Enhanced Value Index Fund?
At the end of September 2026 the largest holdings were IOC (7.21%), BPCL (7.18%), COALINDIA (7.15%), ONGC (6.99%), SBIN (6.97%). The fund held 30 securities in all.
What did Motilal Oswal BSE Enhanced Value Index Fund buy and sell in September 2026?
It bought 1 new stock: Oil India Limited. It sold out of 1: IndusInd Bank Limited. It added shares in 16. It reduced 13.
How do I invest in Motilal Oswal BSE Enhanced Value Index Fund?
Through Motilal Oswal Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹500. You can invest once or through a monthly SIP.
Who is the fund manager of Motilal Oswal BSE Enhanced Value Index Fund?
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
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.
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