Motilal Oswal Infrastructure Fund

ThematicDirect and Regular plans, Growth option

Data as on 30-10-2026

Motilal Oswal Infrastructure Fund is a Thematic fund run by Motilal Oswal Mutual Fund. On 30-09-2026, it managed ₹152 Cr of investors' money. In the year to 30-10-2026, its Direct plan returned −0.7% and its Regular plan returned −2.2%. Its benchmark, Nifty Infrastructure TRI, returned −7.7% over the same year.

NAV (Direct plan): ₹12.42; ▼ 0.75%30-10-2026
NAV (Regular plan): ₹12.23; ▼ 0.75%30-10-2026
Expense ratio: 1.61%Direct2.96%Regular; 1.61%; A year
Riskometer: Very High; Set by the fund house
1 year return: −0.7%Direct−2.2%Regular; −0.7%; Total

Motilal Oswal Infrastructure Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹12.42 (down 0.75% that day); Regular Plan Growth ₹12.23 (down 0.75% that day).

This fund (Direct plan)

₹12.4244

Motilal Oswal Infrastructure Fund Returns vs Nifty Infrastructure 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)	−2.38%	−1.50%	−3.40%	−0.70%	--	--	--
This fund (Regular)	−2.49%	−2.06%	−4.30%	−2.17%	--	--	--
Nifty Infrastructure TRI	+0.75%	−5.75%	−6.03%	−7.67%	+13.85%	+12.86%	+13.37%
Thematic average	−2.09%	−4.52%	+0.86%	−1.22%	--	--	--
Best in Thematic	+11.54%	+11.27%	+22.16%	+75.71%	--	--	--
Worst in Thematic	−16.05%	−11.74%	−13.97%	−22.44%	--	--	--
Rank in Thematic	123/235	48/232	166/232	79/215	--	--	--

Category rows compare the Direct plans of 235 Thematic funds. Rank 1 is the highest return.

Motilal Oswal Infrastructure Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	Nifty Infrastructure TRI
2026to date	+2.11%	+0.70%	−7.85%

Motilal Oswal Infrastructure 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 1-year holding period, plotted on the day it ended. There are 112 periods, one for each trading day from 19-05-2026 to 30-10-2026.

−10%0%10%20%30%

Jun 2025
to
Jun 2026Jun 2025
to
Jun 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026

Motilal Oswal Infrastructure Fund (Direct)Nifty Infrastructure TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	112	10.7%	−4.3%	22.0%	6%	2.8%	100%

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 Nifty Infrastructure TRI over the same days. Past returns do not promise future returns.

Motilal Oswal Infrastructure Fund Risk

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

Risk and return

Measure	Motilal Oswal Infrastructure Fund (Direct)This fund	Nifty Infrastructure TRI
Return (CAGR)	−0.70%	−7.67%
Standard deviation	16.42%	15.46%
Sharpe ratio	-0.36	-0.84
Sortino ratio	-0.49	-1.13
Maximum drawdown	−10.1% (23-10-2026)	−12.3% (12-10-2026)
Beta	0.92	1.00
Alpha	+5.88%	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 Infrastructure Fund (Direct)This fund	Nifty Infrastructure TRI
Return (CAGR)	+11.30%	−0.90%
Standard deviation	15.20%	14.14%
Sharpe ratio	0.39	-0.44
Sortino ratio	0.55	-0.61
Maximum drawdown	−10.1% (23-10-2026)	−12.3% (12-10-2026)
Beta	0.88	1.00
Alpha	+11.44%	0.00%

From daily NAVs, 19-05-2025 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.

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.

−15%−10%−5%0%

2026

Motilal Oswal Infrastructure Fund (Direct)Nifty Infrastructure TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Motilal Oswal Infrastructure Fund (Direct)	−10.1%	22-06-2026	23-10-2026	Not yet	--	−6.4%
Nifty Infrastructure TRI	−12.3%	02-01-2026	12-10-2026	Not yet	--	−9.3%

From the Direct plan's daily NAV since 19-05-2025, adjusted for unit splits, and Nifty Infrastructure TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Motilal Oswal Infrastructure Fund vs Other Thematic Funds

The five Thematic funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Nippon India Taiwan Equity Fund	1/133	1,147	1.08%	+75.71%	+54.78%	--	--	1.38	2.03	Compare
HDFC Defence Fund	2/133	11,493	0.90%	+13.79%	+34.76%	−0.18%	0.83	1.12	1.54	Compare
HDFC Pharma and Healthcare Fund	3/133	3,501	1.05%	+23.12%	+30.53%	+8.23%	0.96	1.74	2.49	Compare
SBI Healthcare Opportunities Fund	4/133	5,870	1.01%	+17.12%	+24.60%	+3.61%	0.88	1.42	2.03	Compare
Aditya Birla Sun Life International Equity Fund	5/133	352	2.00%	+13.97%	+24.46%	--	--	1.49	2.16	Compare
Motilal Oswal Infrastructure Fund	79/215	152	1.61%	−0.70%	--	--	--	--	--

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

Motilal Oswal Infrastructure 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	Thematic median	Cost rank (1 = cheapest)
Direct	0.82%	0.16%	0.01%	0.62%	1.61%	1.18%	194/235
Regular	2.10%	0.16%	0.01%	0.69%	2.96%	2.41%	210/235

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. Cost rank: where this plan comes when the Thematic funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

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	−2.17%	−0.70%	1.47%	₹97,830	₹99,300

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 Infrastructure 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 19-05-2025 to 30-10-2026: 18 instalments, ₹1,80,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planMotilal Oswal Infrastructure Fund (Direct)	₹1,80,000	₹1,85,807	₹5,807	4.1%
Regular planMotilal Oswal Infrastructure Fund (Regular)	₹1,80,000	₹1,83,669	₹3,669	2.6%
Nifty Infrastructure TRI	₹1,80,000	₹1,73,451	−₹6,549	−4.6%
Category averageCategory average, 235 Thematic funds	₹1,80,000	₹1,81,886	₹1,886	1.3%

₹0₹50,000₹1.0 L₹1.5 L₹2.0 L

2026

Direct planMotilal Oswal Infrastructure Fund (Direct)Regular planMotilal Oswal Infrastructure Fund (Regular)Nifty Infrastructure TRICategory averageCategory average, 235 Thematic fundsAmount invested

From each plan's published NAV (Growth option), the benchmark's TRI and the category average, 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 Infrastructure Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

92.5%Equity

Asset	Fund	Category
Equity	92.5%	94.5%
Cash and others	7.5%	4.0%

Market cap of stocks

Market cap	Fund	Category
Large Cap	49.7%	45.7%
Mid Cap	8.9%	19.6%
Small Cap	26.3%	24.1%
Not on AMFI's list	7.6%	2.3%

Share of the whole fund. Category: the average of the Thematic funds that hold stocks. 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 Infrastructure Fund Sector Allocation

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

Largest sectors

Electrical Equipment16.3%
Auto Components10.1%
Healthcare Services9.6%
Industrial Manufacturing8.5%
Construction6.3%
Telecom - Services5.8%
Chemicals & Petrochemicals5.2%
Industrial Products5.2%
Power5.2%
Other Utilities4.1%

The ten largest of 18 sectors. The other 8 add up to 16.3%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Electrical Equipment	20.9%	15.1%	16.3%	−4.6%
Auto Components	11.4%	9.3%	10.1%	−1.3%
Healthcare Services	11.4%	12.4%	9.6%	−1.8%
Industrial Manufacturing	--	3.4%	8.5%	--
Construction	7.0%	6.8%	6.3%	−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 Infrastructure Fund Portfolio Holdings

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

Holdings	Sector	Weight%	1M change
Samvardhana Motherson International Limited	Auto Components	6.96%	+26.1%
Bharti Airtel Limited	Telecom - Services	5.77%	0.0%
ABB India Limited	Electrical Equipment	5.27%	0.0%
Solar Industries India Limited	Chemicals & Petrochemicals	5.19%	0.0%
Apollo Hospitals Enterprise Limited	Healthcare Services	4.44%	0.0%
Siemens Limited	Electrical Equipment	4.39%	0.0%
Vijaya Diagnostic Centre Limited	Healthcare Services	4.18%	0.0%
VA Tech Wabag Limited	Other Utilities	4.14%	0.0%
Larsen & Toubro Limited	Construction	4.10%	0.0%
Karamtara Engineering Limited	Electrical Equipment	4.10%	New
The Indian Hotels Company Limited	Leisure Services	3.77%	0.0%
Jyoti CNC Automation Ltd	Industrial Manufacturing	3.50%	0.0%
KSB Limited	Industrial Products	3.22%	0.0%
UNO Minda Limited	Auto Components	3.14%	0.0%
NTPC Limited	Power	3.07%	0.0%
Raymond Limited	Industrial Manufacturing	3.06%	New
Adani Enterprises Limited	Metals & Minerals Trading	2.80%	0.0%
Schneider Electric Infrastructure Limited	Electrical Equipment	2.52%	−38.6%
Rentomojo Limited	Commercial Services & Supplies	2.50%	New
Cemindia Projects Ltd	Construction	2.22%	0.0%
Coal India Limited	Consumable Fuels	2.17%	0.0%
Power Grid Corporation of India Limited	Power	2.12%	0.0%
APL Apollo Tubes Limited	Industrial Products	1.97%	New
Spectrum Electrical Industries Ltd	Industrial Manufacturing	1.93%	New
BSE Limited	Capital Markets	1.73%	New
Shriram Finance Limited	Finance	1.67%	0.0%
PG Electroplast Limited	Consumer Durables	1.54%	0.0%
Manipal Health Enterprises Ltd	Healthcare Services	0.93%	New
ESDS Software Solution Ltd	IT - Services	0.08%	New

Motilal Oswal Infrastructure Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

Samvardhana Motherson International Limited	Added	+26.1%	6.96%
Schneider Electric Infrastructure Limited	Reduced	−38.6%	2.52%
Karamtara Engineering Limited	New	New	4.10%
InterGlobe Aviation Limited	Sold out	−100%	was 3.78%
Raymond Limited	New	New	3.06%
Aster DM Quality Care Limited	Sold out	−100%	was 2.97%
Rentomojo Limited	New	New	2.50%
APL Apollo Tubes Limited	New	New	1.97%
Spectrum Electrical Industries Ltd	New	New	1.93%
Jio Financial Services Limited	Sold out	−100%	was 1.86%
BSE Limited	New	New	1.73%
Cummins India Limited	Sold out	−100%	was 1.56%
Bharat Petroleum Corporation Limited	Sold out	−100%	was 1.46%
Manipal Health Enterprises Ltd	New	New	0.93%
ESDS Software Solution Ltd	New	New	0.08%

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 Infrastructure Fund bought and sold

Motilal Oswal Infrastructure Fund Portfolio Overlap

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

Fund	Overlap	Holdings in common
Motilal Oswal Manufacturing FundThematic · Motilal Oswal	28.0%	10	Compare
Motilal Oswal Contra FundValue and Contra · Motilal Oswal	26.1%	10	Compare
Sundaram Infrastructure Advantage FundThematic · Sundaram	21.3%	9	Compare
LIC Mf Flexi Cap FundFlexi Cap · LIC	21.2%	8	Compare
Canara Robeco Infrastructure FundThematic · Canara Robeco	21.2%	9	Compare
DSP India T.I.G.E.R. FundThematic · DSP	21.1%	10	Compare
ICICI Prudential Nifty Infrastructure ETFETF · ICICI Prudential	21.0%	7	Compare
Nippon India ETF Nifty Infrastructure BeESETF · Nippon India	21.0%	7	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 Infrastructure Fund Overview

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

Expense ratio (Direct): 1.61%
Expense ratio (Regular): 2.96%
Category: Thematic
Risk: Very High
Benchmark: Nifty Infrastructure TRI
Launch date: 13-05-2025
Minimum investment: ₹500
Minimum additional investment: ₹500
AUM: ₹151.86 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 153484
ISIN (Direct): INF247L01EW1
Scheme code (Regular): 153482
ISIN (Regular): INF247L01EZ4
NAV history: From 19-05-2025, 1.4 years

Exit load: 1% - If redeemed within 3 months from the day of allotment. Nil - If redeemed after 3 months from the date of allotment.

Tax on Motilal Oswal Infrastructure Fund returns

Motilal Oswal Infrastructure 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	Payout Reinvestment	₹12.0021	30-10-2026
direct	Growth	₹12.4244	30-10-2026
regular	Payout Reinvestment	₹11.8115	30-10-2026
regular	Growth	₹12.2345	30-10-2026

About Motilal Oswal Infrastructure Fund

Motilal Oswal Infrastructure Fund is a mutual fund from Motilal Oswal Mutual Fund. Its category is Thematic. It was launched on 13-05-2025. Its benchmark is Nifty Infrastructure TRI. At the end of September 2026 it held 29 securities.

Fund Manager

Ajay Khandelwal
Fund manager of Motilal Oswal Infrastructure Fund, since 13-05-2025
Atul Mehra
Fund manager of Motilal Oswal Infrastructure Fund, since 13-05-2025
Bhalchandra Shinde
Fund manager of Motilal Oswal Infrastructure Fund, since 13-05-2025
Rakesh Shetty
Fund manager of Motilal Oswal Infrastructure Fund, since 13-05-2025

See all funds of Motilal Oswal Mutual Fund

AUM change

September 2026: ₹151.86 Cr; +1.45% from August 2026
August 2026: ₹149.69 Cr; +1.53% from July 2026
July 2026: ₹147.44 Cr; +1.08% from June 2026

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

Compare Motilal Oswal Infrastructure Fund with Other Funds

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

Motilal Oswal Infrastructure vs Nippon India Taiwan EquityThematic
Motilal Oswal Infrastructure vs HDFC DefenceThematic
Motilal Oswal Infrastructure vs HDFC Pharma and HealthcareThematic
Motilal Oswal Infrastructure vs SBI Healthcare OpportunitiesThematic
Motilal Oswal Infrastructure vs Aditya Birla Sun Life International EquityThematic
Motilal Oswal Infrastructure vs Motilal Oswal Manufacturing28.0% overlap
Motilal Oswal Infrastructure vs Motilal Oswal Contra26.1% overlap
Motilal Oswal Infrastructure vs Sundaram Infrastructure Advantage21.3% overlap

Compare with any other fund

Frequently Asked Questions for Motilal Oswal Infrastructure Fund

What is the current NAV of Motilal Oswal Infrastructure Fund?

The Direct plan NAV is ₹12.4244. The Regular plan NAV is ₹12.2345, as on 30-10-2026.

What are the returns of Motilal Oswal Infrastructure Fund?

The Direct plan returned −0.70% in 1 year. The Regular plan returned −2.17% in 1 year. These figures are as on 30-10-2026.

What is the expense ratio of Motilal Oswal Infrastructure Fund?

The Direct plan charges 1.61% a year. The Regular plan charges 2.96% 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 Infrastructure Fund?

Motilal Oswal Infrastructure Fund managed ₹151.86 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Motilal Oswal Infrastructure Fund?

At the end of September 2026 the largest holdings were MOTHERSON (6.96%), BHARTIARTL (5.77%), ABB (5.27%), SOLARINDS (5.19%), APOLLOHOSP (4.44%). The fund held 29 securities in all.

What did Motilal Oswal Infrastructure Fund buy and sell in September 2026?

It bought 8 new stocks: Spectrum Electrical Industries Ltd, Rentomojo Limited, ESDS Software Solution Ltd, BSE Limited, Raymond Limited. It sold out of 5: Bharat Petroleum Corporation Limited, Cummins India Limited, InterGlobe Aviation Limited, Jio Financial Services Limited, Aster DM Quality Care Limited. It added shares in 1. It reduced 1.

How do I invest in Motilal Oswal Infrastructure 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 Infrastructure Fund?

Ajay Khandelwal (since 13-05-2025), Atul Mehra (since 13-05-2025), Bhalchandra Shinde (since 13-05-2025), Rakesh Shetty (since 13-05-2025).

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.