Motilal Oswal Large and Midcap Fund is a Large & Mid Cap fund run by Motilal Oswal Mutual Fund. On 30-09-2026, it managed ₹19,832 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 20.6% a year and its Regular plan returned 19.2% a year. Its benchmark, NIFTY LargeMidcap 250 TRI, returned 11.5% a year over the same 3 years.
NAV (Direct plan)
₹38.56
▼ 1.58% · 30-10-2026
NAV (Regular plan)
₹34.91
▼ 1.58% · 30-10-2026
Expense ratio
0.90%Direct1.81%Regular
0.90%
A year
Riskometer
Very High
Set by the fund house
3 year return
20.6%Direct19.2%Regular
20.6%
A year
Motilal Oswal Large and Midcap Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹38.56 (down 1.58% that day); Regular Plan Growth ₹34.91 (down 1.58% that day).
This fund (Direct plan)
₹38.5563
Motilal Oswal Large and Midcap Fund Returns vs NIFTY LargeMidcap 250 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)
−3.30%
+0.01%
+2.01%
+0.26%
+20.59%
+17.43%
--
This fund (Regular)
−3.38%
−0.23%
+1.53%
−0.71%
+19.22%
+15.94%
--
NIFTY LargeMidcap 250 TRI
−1.32%
−6.87%
−3.40%
−6.47%
+11.53%
+10.60%
--
Large & Mid Cap average
−1.78%
−5.20%
−0.43%
−3.99%
+13.28%
+11.36%
--
Best in Large & Mid Cap
+3.19%
+2.03%
+6.53%
+4.95%
+21.30%
+17.43%
--
Worst in Large & Mid Cap
−4.75%
−10.20%
−5.87%
−14.20%
+5.64%
+6.28%
--
Rank in Large & Mid Cap
31/36
2/35
7/33
4/33
2/26
1/26
--
Category rows compare the Direct plans of 36 Large & Mid Cap funds. Rank 1 is the highest return.
Motilal Oswal Large and Midcap Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
NIFTY LargeMidcap 250 TRI
2026to date
+5.59%
+4.75%
−7.09%
2025
−3.12%
−4.17%
+8.19%
2024
+48.05%
+46.11%
+18.68%
2023
+40.01%
+38.05%
+32.66%
2022
+3.20%
+1.66%
+4.48%
2021
+43.22%
+40.82%
+37.04%
Motilal Oswal Large and Midcap 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 988 periods, one for each trading day from 25-10-2022 to 30-10-2026.
0%10%20%30%40%
Motilal Oswal Large and Midcap Fund (Direct)
NIFTY LargeMidcap 250 TRI
Feb 2020 to Feb 2023Oct 2020 to Oct 2023Jul 2021 to Jul 2024Mar 2022 to Mar 2025Nov 2022 to Nov 2025Jul 2023 to Jul 2026
Motilal Oswal Large and Midcap Fund (Direct)NIFTY LargeMidcap 250 TRI
0%
0%
Below 0%
0%
0%
0-5%
0%
0%
5-10%
0%
8%
10-15%
8%
41%
15-20%
23%
36%
20-25%
69%
16%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
1,483
19.6%
−7.3%
91.1%
7%
15.7%
69%
2 years
1,236
27.5%
1.9%
49.9%
0%
21.4%
83%
3 years
988
27.1%
16.2%
36.7%
0%
20.2%
87%
5 years
498
25.2%
16.7%
35.0%
0%
20.5%
100%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
73
21.9%
−21.1%
76.6%
14%
16.0%
68%
2 years
61
21.0%
−1.6%
56.8%
2%
17.5%
79%
3 years
49
24.3%
10.2%
43.8%
0%
18.4%
94%
5 years
25
24.9%
16.5%
36.4%
0%
17.9%
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 LargeMidcap 250 TRI over the same days. Past returns do not promise future returns.
Motilal Oswal Large and Midcap Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Motilal Oswal Large and Midcap Fund (Direct)This fund
NIFTY LargeMidcap 250 TRI
Return (CAGR)
+0.26%
−6.47%
Standard deviation
19.32%
14.95%
Sharpe ratio
-0.26
-0.78
Sortino ratio
-0.36
-1.04
Maximum drawdown
−15.9%
(31-03-2026)
−14.3%
(30-03-2026)
Beta
1.14
1.00
Alpha
+8.32%
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 Large and Midcap Fund (Direct)This fund
NIFTY LargeMidcap 250 TRI
Return (CAGR)
+20.59%
+11.53%
Standard deviation
19.31%
14.90%
Sharpe ratio
0.75
0.37
Sortino ratio
1.03
0.50
Maximum drawdown
−26.1%
(03-03-2025)
−18.8%
(28-02-2025)
Beta
1.15
1.00
Alpha
+8.24%
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 Large and Midcap Fund (Direct)This fund
NIFTY LargeMidcap 250 TRI
Return (CAGR)
+17.43%
+10.60%
Standard deviation
17.66%
14.85%
Sharpe ratio
0.66
0.32
Sortino ratio
0.89
0.43
Maximum drawdown
−26.1%
(03-03-2025)
−18.8%
(28-02-2025)
Beta
1.06
1.00
Alpha
+6.53%
0.00%
From daily NAVs, 29-10-2021 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 Large and Midcap Fund (Direct)This fund
NIFTY LargeMidcap 250 TRI
Return (CAGR)
+20.80%
+16.24%
Standard deviation
19.24%
17.29%
Sharpe ratio
0.81
0.64
Sortino ratio
1.08
0.84
Maximum drawdown
−37.4%
(23-03-2020)
−37.8%
(23-03-2020)
Beta
1.02
1.00
Alpha
+4.31%
0.00%
From daily NAVs, 22-10-2019 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.
−40%−30%−20%−10%0%
Motilal Oswal Large and Midcap Fund (Direct)
NIFTY LargeMidcap 250 TRI
2020202120222023202420252026
Motilal Oswal Large and Midcap Fund (Direct)NIFTY LargeMidcap 250 TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Motilal Oswal Large and Midcap Fund (Direct)
−37.4%
20-02-2020
23-03-2020
24-11-2020
8 months
−8.0%
NIFTY LargeMidcap 250 TRI
−37.8%
24-01-2020
23-03-2020
05-11-2020
7 months
−8.6%
From the Direct plan's daily NAV since 22-10-2019, adjusted for unit splits, and NIFTY LargeMidcap 250 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Motilal Oswal Large and Midcap Fund vs Other Large & Mid Cap Funds
The five Large & Mid Cap funds with the best three year return, and this fund. Direct plans.
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 Large and Midcap Fund Expense Ratio and Costs
What each plan charges a year, in force from 22-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Large & Mid Cap median
Cost rank (1 = cheapest)
Direct
0.60%
0.05%
0.00%
0.25%
0.90%
1.08%
13/36
Regular
1.42%
0.05%
0.00%
0.34%
1.81%
2.30%
7/36
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 Large & Mid Cap 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
−0.71%
0.26%
0.97%
₹99,290
₹1,00,260
3 years
19.22%
20.59%
1.37% a year
₹1,69,452
₹1,75,361
5 years
15.94%
17.43%
1.49% a year
₹2,09,492
₹2,23,303
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 Large and Midcap 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 22-10-2019 to 30-10-2026: 85 instalments, ₹8,50,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planMotilal Oswal Large and Midcap Fund (Direct)
₹8,50,000
₹17,94,529
₹9,44,529
20.7%
Regular planMotilal Oswal Large and Midcap Fund (Regular)
₹8,50,000
₹16,92,722
₹8,42,722
19.1%
NIFTY LargeMidcap 250 TRI
₹8,50,000
₹13,92,822
₹5,42,822
13.7%
Category averageCategory average, 36 Large & Mid Cap funds
₹8,50,000
₹14,43,488
₹5,93,488
14.7%
₹0₹5.0 L₹10.0 L₹15.0 L₹20.0 L
Direct planMotilal Oswal Large and Midcap Fund (Direct)
Regular planMotilal Oswal Large and Midcap Fund (Regular)
NIFTY LargeMidcap 250 TRI
Category averageCategory average, 36 Large & Mid Cap funds
Amount invested
2020202120222023202420252026
Direct planMotilal Oswal Large and Midcap Fund (Direct)Regular planMotilal Oswal Large and Midcap Fund (Regular)NIFTY LargeMidcap 250 TRICategory averageCategory average, 36 Large & Mid Cap 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 Large and Midcap Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
96.7%Equity
Asset
Fund
Category
Equity
96.7%
95.4%
Cash and others
3.3%
3.7%
Market cap of stocks
Market cap
Fund
Category
Large Cap
35.7%
42.7%
Mid Cap
35.2%
37.7%
Small Cap
25.8%
13.3%
Share of the whole fund. Category: the average of the Large & Mid Cap 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 Large and Midcap Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Electrical Equipment18.4%
Finance10.9%
Retailing9.7%
Capital Markets7.0%
Aerospace & Defense7.0%
Chemicals & Petrochemicals6.4%
Financial Technology (Fintech)6.1%
Pharmaceuticals & Biotechnology5.3%
Automobiles5.0%
Industrial Products4.7%
The ten largest of 17 sectors. The other 7 add up to 16.2%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Electrical Equipment
20.9%
19.8%
18.4%
−2.5%
Finance
12.8%
12.0%
10.9%
−1.9%
Retailing
8.6%
8.5%
9.7%
+1.1%
Capital Markets
7.7%
7.2%
7.0%
−0.7%
Aerospace & Defense
8.1%
7.6%
7.0%
−1.1%
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 Large and Midcap Fund Portfolio Holdings
As on 30-09-2026 · 34 holdings · from the fund house's monthly portfolio
Holdings
Sector
Weight%
Holdings trend
1M change
One 97 Communications Limited
Financial Technology (Fintech)
6.11%
0.0%
Eternal Limited
Retailing
4.95%
−6.9%
PTC Industries Ltd
Industrial Products
4.73%
−0.9%
Multi Commodity Exchange of India Limited
Capital Markets
4.60%
0.0%
Sterlite Technologies Limited
Telecom - Equipment & Accessories
4.32%
0.0%
Shriram Finance Limited
Finance
4.13%
−4.6%
Muthoot Finance Limited
Finance
4.04%
+2.4%
Apar Industries Limited
Electrical Equipment
4.02%
0.0%
Gujarat Fluorochemicals Limited
Chemicals & Petrochemicals
3.99%
−1.6%
GE Vernova T&D India Limited
Electrical Equipment
3.15%
+12.2%
Premier Energies Limited
Electrical Equipment
3.14%
0.0%
Meesho Ltd
Retailing
3.11%
+101.7%
Zen Technologies Limited
Aerospace & Defense
3.09%
+1.5%
CG Power and Industrial Solutions Limited
Electrical Equipment
2.87%
−2.4%
Onesource Specialty Pharma Limited
Pharmaceuticals & Biotechnology
2.86%
0.0%
Suzlon Energy Limited
Electrical Equipment
2.66%
−4.7%
Ola Electric Mobility Ltd
Automobiles
2.63%
+1.8%
Waaree Energies Limited
Electrical Equipment
2.56%
0.0%
Samvardhana Motherson International Limited
Auto Components
2.51%
−9.1%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
2.46%
+90.0%
Solar Industries India Limited
Chemicals & Petrochemicals
2.42%
+9163.8%
Titan Company Limited
Consumer Durables
2.38%
−14.3%
Billionbrains Garage Ventures Ltd
Capital Markets
2.36%
−5.6%
Ather Energy Limited
Automobiles
2.32%
−22.8%
Jain Resource Recycling Limited
Diversified Metals
2.20%
+1.9%
Bajaj Finance Ltd
Finance
2.13%
0.0%
Bharat Electronics Limited
Aerospace & Defense
2.11%
−8.6%
Apollo Hospitals Enterprise Limited
Healthcare Services
1.96%
0.0%
Bharat Dynamics Limited
Aerospace & Defense
1.75%
+9.2%
V2 Retail Limited
Retailing
1.64%
0.0%
Cemindia Projects Ltd
Construction
1.41%
+4.6%
Adani Enterprises Limited
Metals & Minerals Trading
1.36%
+7.8%
Religare Enterprises Limited
Finance
0.64%
0.0%
Max Healthcare Institute Limited
Healthcare Services
0.10%
New
Motilal Oswal Large and Midcap Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
Eternal Limited
↓Reduced
−6.9%
4.95%
Shriram Finance Limited
↓Reduced
−4.6%
4.13%
PTC Industries Ltd
↓Reduced
−0.9%
4.73%
Gujarat Fluorochemicals Limited
↓Reduced
−1.6%
3.99%
Muthoot Finance Limited
↑Added
+2.4%
4.04%
Ather Energy Limited
↓Reduced
−22.8%
2.32%
Zen Technologies Limited
↑Added
+1.5%
3.09%
Suzlon Energy Limited
↓Reduced
−4.7%
2.66%
GE Vernova T&D India Limited
↑Added
+12.2%
3.15%
Meesho Ltd
↑Added
+101.7%
3.11%
CG Power and Industrial Solutions Limited
↓Reduced
−2.4%
2.87%
Titan Company Limited
↓Reduced
−14.3%
2.38%
Samvardhana Motherson International Limited
↓Reduced
−9.1%
2.51%
Ola Electric Mobility Ltd
↑Added
+1.8%
2.63%
Billionbrains Garage Ventures Ltd
↓Reduced
−5.6%
2.36%
Divi's Laboratories Limited
↑Added
+90.0%
2.46%
Bharat Electronics Limited
↓Reduced
−8.6%
2.11%
Solar Industries India Limited
↑Added
+9163.8%
2.42%
Jain Resource Recycling Limited
↑Added
+1.9%
2.20%
Bharat Dynamics Limited
↑Added
+9.2%
1.75%
Cemindia Projects Ltd
↑Added
+4.6%
1.41%
Adani Enterprises Limited
↑Added
+7.8%
1.36%
IndusInd Bank Limited
↓Sold out
−100%
was 0.35%
Max Healthcare Institute Limited
↑New
New
0.10%
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 Large and Midcap Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.90%
Expense ratio (Regular)
1.81%
Category
Large & Mid Cap
Risk
Very High
Benchmark
Nifty LargeMidcap 250 TRI
Launch date
17-10-2019
Minimum investment
INF247L01981
Minimum additional investment
MOTO/O/E/LMF/19/03/0013
AUM
₹19,832.31 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
147704
ISIN (Direct)
INF247L01999
Scheme code (Regular)
147701
ISIN (Regular)
INF247L01965
NAV history
From 22-10-2019, 7.0 years
Exit load
Exit load of 1%, if redeemed within 365 days.
Tax on Motilal Oswal Large and Midcap Fund returns
Motilal Oswal Large and Midcap 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
₹27.2513
30-10-2026
direct
Growth
₹38.5563
30-10-2026
regular
Payout Reinvestment
₹24.7819
30-10-2026
regular
Growth
₹34.9058
30-10-2026
About Motilal Oswal Large and Midcap Fund
Motilal Oswal Large and Midcap Fund is a mutual fund from Motilal Oswal Mutual Fund. Its category is Large & Mid Cap. It was launched on 17-10-2019. Its benchmark is Nifty LargeMidcap 250 TRI. At the end of September 2026 it held 34 securities.
Fund Manager
Aditya Khemani
Fund manager of Motilal Oswal Large and Midcap Fund, since 17-10-2019
Rakesh Shetty
Fund manager of Motilal Oswal Large and Midcap Fund, since 22-11-2022
Sunil Sawant
Fund manager of Motilal Oswal Large and Midcap Fund, since 01-07-2024
Frequently Asked Questions for Motilal Oswal Large and Midcap Fund
What is the current NAV of Motilal Oswal Large and Midcap Fund?
The Direct plan NAV is ₹38.5563. The Regular plan NAV is ₹34.9058, as on 30-10-2026.
What are the returns of Motilal Oswal Large and Midcap Fund?
The Direct plan returned +0.26% in 1 year, +20.59% a year over 3 years, +17.43% a year over 5 years. The Regular plan returned −0.71% in 1 year, +19.22% a year over 3 years, +15.94% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Motilal Oswal Large and Midcap Fund?
The Direct plan charges 0.90% a year. The Regular plan charges 1.81% a year. This is the figure the fund house reported to AMFI, in force from 22-10-2026.
What is the AUM of Motilal Oswal Large and Midcap Fund?
Motilal Oswal Large and Midcap Fund managed ₹19,832.31 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Motilal Oswal Large and Midcap Fund?
At the end of September 2026 the largest holdings were PAYTM (6.11%), ETERNAL (4.95%), PTCIL (4.73%), MCX (4.60%), STLTECH (4.32%). The fund held 34 securities in all.
What did Motilal Oswal Large and Midcap Fund buy and sell in September 2026?
It bought 1 new stock: Max Healthcare Institute Limited. It sold out of 1: IndusInd Bank Limited. It added shares in 11. It reduced 11.
How do I invest in Motilal Oswal Large and Midcap 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 INF247L01981. You can invest once or through a monthly SIP.
Who is the fund manager of Motilal Oswal Large and Midcap 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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