Motilal Oswal BSE Financials ex Bank 30 Index Fund

IndexDirect and Regular plans

Data as on 30-10-2026

Motilal Oswal BSE Financials ex Bank 30 Index Fund is a mutual fund run by Motilal Oswal Mutual Fund. On 30-09-2026, it managed ₹30 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 9.7% a year and its Regular plan returned 9.0% a year. Its benchmark, BSE Financials Ex-Banks 30 Index TRI, returned 10.1% a year over the same 3 years.

NAV (Direct plan): ₹15.73; ▼ 1.09%30-10-2026
NAV (Regular plan): ₹15.28; ▼ 1.09%30-10-2026
Expense ratio: 0.54%Direct1.12%Regular; 0.54%; A year
Riskometer: Very High; Set by the fund house
3 year return: 9.7%Direct9.0%Regular; 9.7%; A year

Motilal Oswal BSE Financials ex Bank 30 Index Fund NAV Today

NAV on 30-10-2026: Direct Plan ₹15.73 (down 1.09% that day); Regular Plan ₹15.28 (down 1.09% that day).

This fund (Direct plan)

₹15.7333

Motilal Oswal BSE Financials ex Bank 30 Index Fund Returns vs BSE Financials Ex-Banks 30 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)	−5.12%	−11.92%	−8.09%	−13.20%	+9.69%	--	--
This fund (Regular)	−5.16%	−12.05%	−8.38%	−13.74%	+8.96%	--	--
BSE Financials Ex-Banks 30 Index TRI	−5.09%	−11.87%	−7.91%	−12.90%	+10.09%	+7.72%	+11.47%
Category average	--	--	--	--	--	--	--
Best in category	--	--	--	--	--	--	--
Worst in category	--	--	--	--	--	--	--
Rank in category	--	--	--	--	--	--	--

No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds.

Motilal Oswal BSE Financials ex Bank 30 Index Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	BSE Financials Ex-Banks 30 Index TRI
2026to date	−14.46%	−14.90%	−14.19%
2025	+22.64%	+21.85%	+23.15%
2024	+13.25%	+12.45%	+13.65%
2023	+32.46%	+31.50%	+32.95%

Motilal Oswal BSE Financials ex Bank 30 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 304 periods, one for each trading day from 04-08-2025 to 30-10-2026.

0%5%10%15%20%25%30%

Sept 2022
to
Sept 2025Nov 2022
to
Nov 2025Feb 2023
to
Feb 2026Apr 2023
to
Apr 2026Jul 2023
to
Jul 2026Sept 2023
to
Sept 2026

Motilal Oswal BSE Financials ex Bank 30 Index Fund (Direct)BSE Financials Ex-Banks 30 Index TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	795	17.2%	−14.0%	54.7%	5%	17.8%	0%
2 years	552	20.6%	−1.2%	32.1%	1%	21.1%	0%
3 years	304	19.3%	8.9%	25.1%	0%	19.9%	0%

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	39	17.7%	−16.0%	49.2%	13%	18.3%	0%
2 years	27	15.7%	−2.8%	38.8%	7%	16.2%	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 Financials Ex-Banks 30 Index TRI over the same days. Past returns do not promise future returns.

Motilal Oswal BSE Financials ex Bank 30 Index Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Motilal Oswal BSE Financials ex Bank 30 Index Fund (Direct)This fund	BSE Financials Ex-Banks 30 Index TRI
Return (CAGR)	−13.20%	−12.90%
Standard deviation	20.90%	20.97%
Sharpe ratio	-0.88	-0.87
Sortino ratio	-1.19	-1.17
Maximum drawdown	−17.8% (30-03-2026)	−17.8% (30-03-2026)
Beta	1.00	1.00
Alpha	−0.35%	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 Financials ex Bank 30 Index Fund (Direct)This fund	BSE Financials Ex-Banks 30 Index TRI
Return (CAGR)	+9.69%	+10.09%
Standard deviation	19.74%	19.84%
Sharpe ratio	0.19	0.21
Sortino ratio	0.26	0.28
Maximum drawdown	−17.8% (30-03-2026)	−17.8% (30-03-2026)
Beta	1.00	1.00
Alpha	−0.39%	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 Financials ex Bank 30 Index Fund (Direct)This fund	BSE Financials Ex-Banks 30 Index TRI
Return (CAGR)	+11.19%	+11.94%
Standard deviation	18.47%	18.50%
Sharpe ratio	0.27	0.31
Sortino ratio	0.38	0.43
Maximum drawdown	−17.8% (30-03-2026)	−17.8% (30-03-2026)
Beta	1.00	1.00
Alpha	−0.74%	0.00%

From daily NAVs, 04-08-2022 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.

−20%−15%−10%−5%0%

2023202420252026

Motilal Oswal BSE Financials ex Bank 30 Index Fund (Direct)BSE Financials Ex-Banks 30 Index TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Motilal Oswal BSE Financials ex Bank 30 Index Fund (Direct)	−17.8%	06-01-2026	30-03-2026	06-08-2026	4 months	−15.7%
BSE Financials Ex-Banks 30 Index TRI	−17.8%	06-01-2026	30-03-2026	05-08-2026	4 months	−15.7%

From the Direct plan's daily NAV since 04-08-2022, adjusted for unit splits, and BSE Financials Ex-Banks 30 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 Financials ex Bank 30 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	0.37%	0.01%	0.00%	0.16%	0.54%
Regular	0.90%	0.01%	0.00%	0.21%	1.12%

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	−13.74%	−13.20%	0.54%	₹86,260	₹86,800
3 years	8.96%	9.69%	0.73% a year	₹1,29,360	₹1,31,978

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 Financials ex Bank 30 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

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 04-08-2022 to 30-10-2026: 51 instalments, ₹5,10,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planMotilal Oswal BSE Financials ex Bank 30 Index Fund (Direct)	₹5,10,000	₹5,87,222	₹77,222	6.6%
BSE Financials Ex-Banks 30 Index TRI	₹5,10,000	₹5,92,768	₹82,768	7.0%

₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L

2023202420252026

Direct planMotilal Oswal BSE Financials ex Bank 30 Index Fund (Direct)BSE Financials Ex-Banks 30 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 Financials ex Bank 30 Index Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

99.9%Equity

Asset	Fund
Equity	99.9%
Cash and others	0.1%

Market cap of stocks

Market cap	Fund
Large Cap	65.0%
Mid Cap	33.9%
Small Cap	1.0%

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 Financials ex Bank 30 Index Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Finance62.0%
Insurance19.2%
Capital Markets11.6%
Financial Technology (Fintech)7.2%

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Finance	66.3%	63.8%	62.0%	−4.3%
Insurance	16.4%	15.8%	19.2%	+2.8%
Capital Markets	10.1%	11.1%	11.6%	+1.5%
Financial Technology (Fintech)	6.9%	8.2%	7.2%	+0.3%

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 Financials ex Bank 30 Index Fund Portfolio Holdings

As on 30-09-2026 · 30 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%	1M change
Bajaj Finance Ltd	Finance	15.93%	+1.7%
Shriram Finance Limited	Finance	8.96%	−18.9%
Bajaj Finserv Limited	Finance	6.37%	+1.8%
Multi Commodity Exchange of India Limited	Capital Markets	5.52%	+1.7%
SBI Life Insurance Company Limited	Insurance	5.01%	+1.7%
One 97 Communications Limited	Financial Technology (Fintech)	4.72%	+3.4%
Jio Financial Services Limited	Finance	4.69%	−0.3%
Cholamandalam Investment and Finance Company Limited	Finance	4.61%	+1.7%
HDFC Life Insurance Company Limited	Insurance	3.63%	+0.3%
Life Insurance Corporation Of India	Insurance	3.60%	+179.6%
Power Finance Corporation Limited	Finance	3.10%	+1.7%
HDFC Asset Management Company Limited	Capital Markets	3.02%	+1.8%
Bajaj Holdings & Investment Limited	Finance	2.99%	+1.7%
ICICI Lombard General Insurance Company Limited	Insurance	2.54%	+1.8%
PB Fintech Limited	Financial Technology (Fintech)	2.49%	−3.4%
REC Limited	Finance	2.43%	+1.7%
Max Financial Services Limited	Insurance	2.37%	+1.7%
Aditya Birla Capital Limited	Finance	2.12%	+6.2%
Muthoot Finance Limited	Finance	1.95%	+1.7%
360 One WAM Limited	Capital Markets	1.75%	+3.5%
Piramal Finance Limited	Finance	1.61%	+1.6%
L&T Finance Limited	Finance	1.48%	+1.7%
Mahindra & Mahindra Financial Services Limited	Finance	1.39%	+1.7%
Nippon Life India Asset Management Limited	Capital Markets	1.26%	+1.9%
Indian Railway Finance Corporation Limited	Finance	1.15%	+15.2%
ICICI Prudential Life Insurance Company Limited	Insurance	1.14%	+1.7%
SBI Cards and Payment Services Limited	Finance	1.12%	+1.7%
LIC Housing Finance Limited	Finance	1.04%	+1.7%
Poonawalla Fincorp Limited	Finance	1.03%	+1.7%
General Insurance Corporation of India	Insurance	0.88%	+29.9%

Motilal Oswal BSE Financials ex Bank 30 Index Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

Bajaj Finance Ltd	Added	+1.7%	15.93%
Shriram Finance Limited	Reduced	−18.9%	8.96%
Bajaj Finserv Limited	Added	+1.8%	6.37%
Multi Commodity Exchange of India Limited	Added	+1.7%	5.52%
SBI Life Insurance Company Limited	Added	+1.7%	5.01%
Cholamandalam Investment and Finance Company Limited	Added	+1.7%	4.61%
Jio Financial Services Limited	Reduced	−0.3%	4.69%
One 97 Communications Limited	Added	+3.4%	4.72%
PB Fintech Limited	Reduced	−3.4%	2.49%
HDFC Life Insurance Company Limited	Added	+0.3%	3.63%
Life Insurance Corporation Of India	Added	+179.6%	3.60%
Power Finance Corporation Limited	Added	+1.7%	3.10%
HDFC Asset Management Company Limited	Added	+1.8%	3.02%
Bajaj Holdings & Investment Limited	Added	+1.7%	2.99%
ICICI Lombard General Insurance Company Limited	Added	+1.8%	2.54%
REC Limited	Added	+1.7%	2.43%
Max Financial Services Limited	Added	+1.7%	2.37%
Aditya Birla Capital Limited	Added	+6.2%	2.12%
Muthoot Finance Limited	Added	+1.7%	1.95%
360 One WAM Limited	Added	+3.5%	1.75%
Piramal Finance Limited	Added	+1.6%	1.61%
L&T Finance Limited	Added	+1.7%	1.48%
Mahindra & Mahindra Financial Services Limited	Added	+1.7%	1.39%
Nippon Life India Asset Management Limited	Added	+1.9%	1.26%
ICICI Prudential Life Insurance Company Limited	Added	+1.7%	1.14%
Indian Railway Finance Corporation Limited	Added	+15.2%	1.15%
SBI Cards and Payment Services Limited	Added	+1.7%	1.12%
LIC Housing Finance Limited	Added	+1.7%	1.04%
Poonawalla Fincorp Limited	Added	+1.7%	1.03%
General Insurance Corporation of India	Added	+29.9%	0.88%

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.

What Motilal Oswal BSE Financials ex Bank 30 Index Fund bought and sold

Motilal Oswal BSE Financials ex Bank 30 Index Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Kotak Nifty Financial Services Ex-Bank Index FundIndex · Kotak Mahindra	87.7%	25	Compare
ICICI Prudential Nifty Financial Services Ex-Bank ETFETF · ICICI Prudential	87.6%	25	Compare
MahindraManulife Banking & Financial Services FundSectoral · Mahindra Manulife	34.3%	14	Compare
Motilal Oswal Nifty MidSmall Financial Services Index FundIndex · Motilal Oswal	33.6%	14	Compare
Mirae Asset Nifty Financial Services ETFETF · Mirae Asset	32.8%	14	Compare
Tata NIFTY Financial Services Index FundIndex · Tata	32.8%	14	Compare
Helios Financial Services FundSectoral · Helios	32.5%	12	Compare
Bandhan Financial Services FundSectoral · Bandhan	31.0%	21	Compare

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 Financials ex Bank 30 Index Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.54%
Expense ratio (Regular): 1.12%
Category: Index
Risk: Very High
Benchmark: BSE Financials ex Bank 30 TRI
Launch date: 29-07-2022
Minimum investment: ₹500
Minimum additional investment: ₹500
AUM: ₹29.88 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 150443
ISIN (Direct): INF247L01BC9
Scheme code (Regular): 150444
ISIN (Regular): INF247L01BD7
NAV history: From 04-08-2022, 4.2 years

Exit load: Exit load-1%- If redeemed within 15 days from the date of allotment.

Tax on Motilal Oswal BSE Financials ex Bank 30 Index Fund returns

Motilal Oswal BSE Financials ex Bank 30 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		₹15.7333	30-10-2026
regular		₹15.2849	30-10-2026

About Motilal Oswal BSE Financials ex Bank 30 Index Fund

Motilal Oswal BSE Financials ex Bank 30 Index Fund is a mutual fund from Motilal Oswal Mutual Fund. Its category is Index. It was launched on 29-07-2022. Its benchmark is BSE Financials ex Bank 30 TRI. At the end of September 2026 it held 30 securities.

Fund Manager

Swapnil Mayekar
Fund manager of Motilal Oswal BSE Financials ex Bank 30 Index Fund
Abhiroop Mukherjee
Fund manager of Motilal Oswal BSE Financials ex Bank 30 Index Fund

See all funds of Motilal Oswal Mutual Fund

AUM change

September 2026: ₹29.88 Cr; −8.74% from August 2026
August 2026: ₹32.74 Cr; −0.46% from July 2026
July 2026: ₹32.89 Cr; +5.25% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Motilal Oswal BSE Financials ex Bank 30 Index Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Compare with any other fund

Frequently Asked Questions for Motilal Oswal BSE Financials ex Bank 30 Index Fund

What is the current NAV of Motilal Oswal BSE Financials ex Bank 30 Index Fund?

The Direct plan NAV is ₹15.7333. The Regular plan NAV is ₹15.2849, as on 30-10-2026.

What are the returns of Motilal Oswal BSE Financials ex Bank 30 Index Fund?

The Direct plan returned −13.20% in 1 year, +9.69% a year over 3 years. The Regular plan returned −13.74% in 1 year, +8.96% a year over 3 years. These figures are as on 30-10-2026.

What is the expense ratio of Motilal Oswal BSE Financials ex Bank 30 Index Fund?

The Direct plan charges 0.54% a year. The Regular plan charges 1.12% 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 Financials ex Bank 30 Index Fund?

Motilal Oswal BSE Financials ex Bank 30 Index Fund managed ₹29.88 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Motilal Oswal BSE Financials ex Bank 30 Index Fund?

At the end of September 2026 the largest holdings were BAJFINANCE (15.93%), SHRIRAMFIN (8.96%), BAJAJFINSV (6.37%), MCX (5.52%), SBILIFE (5.01%). The fund held 30 securities in all.

What did Motilal Oswal BSE Financials ex Bank 30 Index Fund buy and sell in September 2026?

It added shares in 27. It reduced 3.

How do I invest in Motilal Oswal BSE Financials ex Bank 30 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 Financials ex Bank 30 Index Fund?

Swapnil Mayekar, Abhiroop Mukherjee.

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.