Motilal Oswal BSE Low Volatility Index Fund

IndexDirect and Regular plans

Data as on 30-10-2026

Motilal Oswal BSE Low Volatility Index Fund is a mutual fund run by Motilal Oswal Mutual Fund. On 30-09-2026, it managed ₹59 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 6.3% a year and its Regular plan returned 5.5% a year. Its benchmark, BSE Low Volatility Index TRI, returned 6.8% a year over the same 3 years.

NAV (Direct plan): ₹14.99; ▲ 0.37%30-10-2026
NAV (Regular plan): ₹14.54; ▲ 0.37%30-10-2026
Expense ratio: 0.64%Direct1.33%Regular; 0.64%; A year
Riskometer: Very High; Set by the fund house
3 year return: 6.3%Direct5.5%Regular; 6.3%; A year

Motilal Oswal BSE Low Volatility Index Fund NAV Today

NAV on 30-10-2026: Direct Plan ₹14.99 (up 0.37% that day); Regular Plan ₹14.54 (up 0.37% that day).

This fund (Direct plan)

₹14.9893

Motilal Oswal BSE Low Volatility Index Fund Returns vs BSE Low Volatility 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)	−0.82%	−9.48%	−7.15%	−12.14%	+6.26%	--	--
This fund (Regular)	−0.88%	−9.65%	−7.48%	−12.76%	+5.54%	--	--
BSE Low Volatility Index TRI	−0.79%	−9.88%	−7.43%	−12.13%	+6.83%	+7.41%	+11.59%
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 Low Volatility Index Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	BSE Low Volatility Index TRI
2026to date	−13.30%	−13.81%	−13.35%
2025	+8.18%	+7.40%	+8.78%
2024	+10.55%	+9.86%	+11.65%
2023	+29.68%	+28.88%	+30.83%

Motilal Oswal BSE Low Volatility 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 390 periods, one for each trading day from 31-03-2025 to 30-10-2026.

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

May 2022
to
May 2025Aug 2022
to
Aug 2025Nov 2022
to
Nov 2025Mar 2023
to
Mar 2026Jun 2023
to
Jun 2026Sept 2023
to
Sept 2026

Motilal Oswal BSE Low Volatility Index Fund (Direct)BSE Low Volatility Index TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	880	9.6%	−14.1%	46.1%	24%	10.2%	1%
2 years	637	17.1%	−8.5%	31.4%	17%	18.1%	0%
3 years	390	15.0%	5.0%	20.2%	0%	16.0%	0%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	44	8.0%	−15.9%	50.2%	25%	8.6%	2%
2 years	32	7.8%	−8.0%	35.2%	19%	8.6%	0%
3 years	20	11.3%	−3.6%	16.2%	5%	12.2%	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 Low Volatility Index TRI over the same days. Past returns do not promise future returns.

Motilal Oswal BSE Low Volatility Index Fund Risk

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

Risk and return

Measure	Motilal Oswal BSE Low Volatility Index Fund (Direct)This fund	BSE Low Volatility Index TRI
Return (CAGR)	−12.14%	−12.13%
Standard deviation	11.81%	11.91%
Sharpe ratio	-1.47	-1.46
Sortino ratio	-1.86	-1.85
Maximum drawdown	−15.8% (23-10-2026)	−15.9% (23-10-2026)
Beta	1.00	1.00
Alpha	−0.04%	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 Low Volatility Index Fund (Direct)This fund	BSE Low Volatility Index TRI
Return (CAGR)	+6.26%	+6.83%
Standard deviation	11.31%	11.36%
Sharpe ratio	0.02	0.07
Sortino ratio	0.03	0.10
Maximum drawdown	−18.6% (23-10-2026)	−18.2% (23-10-2026)
Beta	1.00	1.00
Alpha	−0.57%	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 Low Volatility Index Fund (Direct)This fund	BSE Low Volatility Index TRI
Return (CAGR)	+9.25%	+9.69%
Standard deviation	10.97%	11.00%
Sharpe ratio	0.30	0.33
Sortino ratio	0.41	0.47
Maximum drawdown	−18.6% (23-10-2026)	−18.2% (23-10-2026)
Beta	1.00	1.00
Alpha	−0.44%	0.00%

From daily NAVs, 30-03-2022 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 Low Volatility Index Fund (Direct)BSE Low Volatility Index TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Motilal Oswal BSE Low Volatility Index Fund (Direct)	−18.6%	27-09-2024	23-10-2026	Not yet	--	−17.2%
BSE Low Volatility Index TRI	−18.2%	27-09-2024	23-10-2026	Not yet	--	−16.8%

From the Direct plan's daily NAV since 30-03-2022, adjusted for unit splits, and BSE Low Volatility 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 Low Volatility 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	0.31%	0.04%	0.01%	0.28%	0.64%
Regular	0.90%	0.04%	0.01%	0.38%	1.33%

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	−12.76%	−12.14%	0.62%	₹87,240	₹87,860
3 years	5.54%	6.26%	0.72% a year	₹1,17,558	₹1,19,980

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 Low Volatility 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 30-03-2022 to 30-10-2026: 56 instalments, ₹5,60,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planMotilal Oswal BSE Low Volatility Index Fund (Direct)	₹5,60,000	₹6,09,946	₹49,946	3.6%
BSE Low Volatility Index TRI	₹5,60,000	₹6,17,443	₹57,443	4.1%

₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L

2023202420252026

Direct planMotilal Oswal BSE Low Volatility Index Fund (Direct)BSE Low Volatility 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 Low Volatility Index Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

95.2%Equity

Asset	Fund
Equity	95.2%
Cash and others	4.8%

Market cap of stocks

Market cap	Fund
Large Cap	64.7%
Mid Cap	22.7%
Small Cap	7.8%

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 Low Volatility Index Fund Sector Allocation

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

Largest sectors

Pharmaceuticals & Biotechnology16.7%
Banks10.1%
Power9.9%
Cement & Cement Products8.8%
Petroleum Products8.1%
Insurance6.5%
Diversified FMCG6.5%
Food Products6.2%
Agricultural Food & other Products3.6%
Healthcare Services3.5%

The ten largest of 15 sectors. The other 5 add up to 15.3%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Pharmaceuticals & Biotechnology	9.5%	9.4%	16.7%	+7.2%
Banks	10.8%	10.9%	10.1%	−0.8%
Power	2.9%	2.8%	9.9%	+7.0%
Cement & Cement Products	13.9%	13.7%	8.8%	−5.1%
Petroleum Products	2.9%	2.9%	8.1%	+5.2%

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 Low Volatility Index Fund Portfolio Holdings

As on 30-09-2026 · 29 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%	1M change
Castrol India Limited	Petroleum Products	4.94%	New
Marico Limited	Agricultural Food & other Products	3.65%	−7.5%
Abbott India Limited	Pharmaceuticals & Biotechnology	3.62%	New
Apollo Hospitals Enterprise Limited	Healthcare Services	3.48%	−9.5%
ITC Limited	Diversified FMCG	3.47%	+6.6%
Sun Pharmaceutical Industries Limited	Pharmaceuticals & Biotechnology	3.45%	−4.4%
NTPC Limited	Power	3.42%	+10.8%
Bharti Airtel Limited	Telecom - Services	3.42%	−3.6%
SBI Life Insurance Company Limited	Insurance	3.41%	+1.6%
HDFC Bank Limited	Banks	3.39%	−16.7%
ICICI Bank Limited	Banks	3.36%	−22.8%
Kotak Mahindra Bank Ltd	Banks	3.34%	New
Power Grid Corporation of India Limited	Power	3.25%	New
Lupin Limited	Pharmaceuticals & Biotechnology	3.24%	New
Tata Power Company Limited	Power	3.22%	New
Alkem Laboratories Limited	Pharmaceuticals & Biotechnology	3.19%	New
Cipla Limited	Pharmaceuticals & Biotechnology	3.17%	−11.9%
HDFC Life Insurance Company Limited	Insurance	3.12%	+4.0%
Britannia Industries Limited	Food Products	3.11%	+6.2%
Reliance Industries Limited	Petroleum Products	3.11%	+1.4%
Nestle India Limited	Food Products	3.09%	−21.8%
Procter & Gamble Hygiene and Health Care Limited	Personal Products	3.08%	New
Shree Cement Limited	Cement & Cement Products	3.06%	−15.9%
Pidilite Industries Limited	Chemicals & Petrochemicals	3.05%	−34.8%
Hindustan Unilever Limited	Diversified FMCG	3.05%	−10.0%
Coal India Limited	Consumable Fuels	2.95%	−9.1%
Grasim Industries Limited	Cement & Cement Products	2.88%	−26.8%
ACC Limited	Cement & Cement Products	2.88%	−10.2%
United Breweries Limited	Beverages	2.85%	+14.0%

Motilal Oswal BSE Low Volatility Index Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

Castrol India Limited	New	New	4.94%
Pidilite Industries Limited	Reduced	−34.8%	3.05%
ICICI Bank Limited	Reduced	−22.8%	3.36%
Nestle India Limited	Reduced	−21.8%	3.09%
Titan Company Limited	Sold out	−100%	was 3.85%
Grasim Industries Limited	Reduced	−26.8%	2.88%
Apollo Hospitals Enterprise Limited	Reduced	−9.5%	3.48%
Marico Limited	Reduced	−7.5%	3.65%
Abbott India Limited	New	New	3.62%
HDFC Bank Limited	Reduced	−16.7%	3.39%
ITC Limited	Added	+6.6%	3.47%
Asian Paints Limited	Sold out	−100%	was 3.47%
UltraTech Cement Limited	Sold out	−100%	was 3.47%
Sun Pharmaceutical Industries Limited	Reduced	−4.4%	3.45%
Shree Cement Limited	Reduced	−15.9%	3.06%
Bharti Airtel Limited	Reduced	−3.6%	3.42%
NTPC Limited	Added	+10.8%	3.42%
SBI Life Insurance Company Limited	Added	+1.6%	3.41%
Cipla Limited	Reduced	−11.9%	3.17%
Kotak Mahindra Bank Ltd	New	New	3.34%
Larsen & Toubro Limited	Sold out	−100%	was 3.33%
Power Grid Corporation of India Limited	New	New	3.25%
Lupin Limited	New	New	3.24%
Tata Power Company Limited	New	New	3.22%
Alkem Laboratories Limited	New	New	3.19%
Hindustan Unilever Limited	Reduced	−10.0%	3.05%
HDFC Life Insurance Company Limited	Added	+4.0%	3.12%
State Bank of India	Sold out	−100%	was 3.12%
Maruti Suzuki India Limited	Sold out	−100%	was 3.12%
Reliance Industries Limited	Added	+1.4%	3.11%
Britannia Industries Limited	Added	+6.2%	3.11%
Procter & Gamble Hygiene and Health Care Limited	New	New	3.08%
ACC Limited	Reduced	−10.2%	2.88%
Coal India Limited	Reduced	−9.1%	2.95%
Tata Consultancy Services Limited	Sold out	−100%	was 2.88%
United Breweries Limited	Added	+14.0%	2.85%
Dr Reddys Laboratories Limited	Sold out	−100%	was 2.67%
Dabur India Limited	Sold out	−100%	was 2.56%

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 Low Volatility Index Fund bought and sold

Motilal Oswal BSE Low Volatility Index Fund Portfolio Overlap

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

Fund	Overlap	Holdings in common
Motilal Oswal BSE Low Volatility ETFETF · Motilal Oswal	95.3%	29	Compare
UTI BSE Low Volatility Index FundIndex · UTI	95.2%	29	Compare
Mirae Asset Nifty 100 Low Volatility 30 ETFETF · Mirae Asset	58.8%	18	Compare
ICICI Prudential Nifty 100 Low Volatility 30 ETFETF · ICICI Prudential	58.8%	18	Compare
SBI Nifty100 Low Volatility 30 Index FundIndex · SBI	58.8%	18	Compare
HDFC Nifty100 Low Volatility 30 ETFETF · HDFC	58.8%	18	Compare
HDFC NIFTY100 Low Volatility 30 Index FundIndex · HDFC	58.8%	18	Compare
Kotak Nifty 100 Low Volatility 30 ETFETF · Kotak Mahindra	58.8%	18	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 Low Volatility Index Fund Overview

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

Expense ratio (Direct): 0.64%
Expense ratio (Regular): 1.33%
Category: Index
Risk: Very High
Benchmark: BSE Low Volatility TRI
Launch date: 23-03-2022
Minimum investment: INF247L01AY5
Minimum additional investment: MOTO/O/O/EIN/21/12/0029
AUM: ₹59.15 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 149919
ISIN (Direct): INF247L01AY5
Scheme code (Regular): 149920
ISIN (Regular): INF247L01AZ2
NAV history: From 30-03-2022, 4.6 years

Exit load: Exit load of 1% if redeemed within 15 days.

Tax on Motilal Oswal BSE Low Volatility Index Fund returns

Motilal Oswal BSE Low Volatility 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		₹14.9893	30-10-2026
regular		₹14.5412	30-10-2026

About Motilal Oswal BSE Low Volatility Index Fund

Motilal Oswal BSE Low Volatility Index Fund is a mutual fund from Motilal Oswal Mutual Fund. Its category is Index. It was launched on 23-03-2022. Its benchmark is BSE Low Volatility TRI. At the end of September 2026 it held 29 securities.

Fund Manager

Swapnil Mayekar
Fund manager of Motilal Oswal BSE Low Volatility Index Fund, since 23-03-2022
Rakesh Shetty
Fund manager of Motilal Oswal BSE Low Volatility Index Fund, since 22-11-2022

See all funds of Motilal Oswal Mutual Fund

AUM change

September 2026: ₹59.15 Cr; −11.54% from August 2026
August 2026: ₹66.87 Cr; −7.02% from July 2026
July 2026: ₹71.92 Cr; −16.26% from June 2026

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

Compare Motilal Oswal BSE Low Volatility 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 Low Volatility Index Fund

What is the current NAV of Motilal Oswal BSE Low Volatility Index Fund?

The Direct plan NAV is ₹14.9893. The Regular plan NAV is ₹14.5412, as on 30-10-2026.

What are the returns of Motilal Oswal BSE Low Volatility Index Fund?

The Direct plan returned −12.14% in 1 year, +6.26% a year over 3 years. The Regular plan returned −12.76% in 1 year, +5.54% a year over 3 years. These figures are as on 30-10-2026.

What is the expense ratio of Motilal Oswal BSE Low Volatility Index Fund?

The Direct plan charges 0.64% a year. The Regular plan charges 1.33% 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 Low Volatility Index Fund?

Motilal Oswal BSE Low Volatility Index Fund managed ₹59.15 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Motilal Oswal BSE Low Volatility Index Fund?

At the end of September 2026 the largest holdings were CASTROLIND (4.94%), MARICO (3.65%), ABBOTINDIA (3.62%), APOLLOHOSP (3.48%), ITC (3.47%). The fund held 29 securities in all.

What did Motilal Oswal BSE Low Volatility Index Fund buy and sell in September 2026?

It bought 8 new stocks: Castrol India Limited, Procter & Gamble Hygiene and Health Care Limited, Kotak Mahindra Bank Ltd, Tata Power Company Limited, Lupin Limited. It sold out of 9: Dabur India Limited, Larsen & Toubro Limited, Asian Paints Limited, State Bank of India, Dr Reddys Laboratories Limited. It added shares in 7. It reduced 14.

How do I invest in Motilal Oswal BSE Low Volatility 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 INF247L01AY5. You can invest once or through a monthly SIP.

Who is the fund manager of Motilal Oswal BSE Low Volatility Index Fund?

Swapnil Mayekar (since 23-03-2022), Rakesh Shetty (since 22-11-2022).

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.