Motilal Oswal Nifty MidSmall India Consumption Index Fund

Direct and Regular plans, Growth option

Data as on 30-10-2026

Motilal Oswal Nifty MidSmall India Consumption Index Fund is a mutual fund run by Motilal Oswal Mutual Fund. On 30-09-2026, it managed ₹23 Cr of investors' money. In the year to 30-10-2026, its Direct plan returned −13.9% and its Regular plan returned −14.3%. Its benchmark, Nifty MidSmall India Consumption TRI, returned −13.4% over the same year.

NAV (Direct plan): ₹8.98; ▼ 0.55%30-10-2026
NAV (Regular plan): ₹8.90; ▼ 0.55%30-10-2026
Expense ratio: 0.80%Direct1.22%Regular; 0.80%; A year
Riskometer: Not available; Set by the fund house
1 year return: −13.9%Direct−14.3%Regular; −13.9%; Total

Motilal Oswal Nifty MidSmall India Consumption Index Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹8.98 (down 0.55% that day); Regular Plan Growth ₹8.90 (down 0.55% that day).

This fund (Direct plan)

₹8.9787

Motilal Oswal Nifty MidSmall India Consumption Index Fund Returns vs Nifty MidSmall India Consumption 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)	−3.28%	−10.84%	−3.45%	−13.86%	--	--	--
This fund (Regular)	−3.32%	−10.93%	−3.65%	−14.25%	--	--	--
Nifty MidSmall India Consumption TRI	−3.23%	−10.69%	−3.13%	−13.40%	+10.38%	--	--
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 Nifty MidSmall India Consumption Index Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	Nifty MidSmall India Consumption TRI
2026to date	−9.18%	−9.51%	−8.73%
2025	−8.27%	−8.71%	−7.59%

Motilal Oswal Nifty MidSmall India Consumption 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 1-year holding period, plotted on the day it ended. There are 229 periods, one for each trading day from 25-11-2025 to 30-10-2026.

−20%−15%−10%−5%0%5%10%

Dec 2024
to
Dec 2025Feb 2025
to
Feb 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Aug 2025
to
Aug 2026Oct 2025
to
Oct 2026

Motilal Oswal Nifty MidSmall India Consumption Index Fund (Direct)Nifty MidSmall India Consumption TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	229	−6.5%	−17.1%	5.5%	93%	−5.8%	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 Nifty MidSmall India Consumption TRI over the same days. Past returns do not promise future returns.

Motilal Oswal Nifty MidSmall India Consumption Index Fund Risk

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

Risk and return

Measure	Motilal Oswal Nifty MidSmall India Consumption Index Fund (Direct)This fund	Nifty MidSmall India Consumption TRI
Return (CAGR)	−13.86%	−13.40%
Standard deviation	16.79%	16.75%
Sharpe ratio	-1.14	-1.11
Sortino ratio	-1.49	-1.46
Maximum drawdown	−20.1% (31-03-2026)	−20.0% (30-03-2026)
Beta	1.00	1.00
Alpha	−0.45%	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 Nifty MidSmall India Consumption Index Fund (Direct)This fund	Nifty MidSmall India Consumption TRI
Return (CAGR)	−6.76%	−6.11%
Standard deviation	16.83%	16.85%
Sharpe ratio	-0.74	-0.70
Sortino ratio	-0.97	-0.92
Maximum drawdown	−24.3% (31-03-2026)	−23.7% (30-03-2026)
Beta	1.00	1.00
Alpha	−0.67%	0.00%

From daily NAVs, 25-11-2024 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%

20252026

Motilal Oswal Nifty MidSmall India Consumption Index Fund (Direct)Nifty MidSmall India Consumption TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Motilal Oswal Nifty MidSmall India Consumption Index Fund (Direct)	−24.3%	16-12-2024	31-03-2026	Not yet	--	−18.4%
Nifty MidSmall India Consumption TRI	−23.7%	16-12-2024	30-03-2026	Not yet	--	−17.4%

From the Direct plan's daily NAV since 25-11-2024, adjusted for unit splits, and Nifty MidSmall India Consumption TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Motilal Oswal Nifty MidSmall India Consumption 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	0.55%	0.03%	0.00%	0.22%	0.80%
Regular	0.90%	0.03%	0.00%	0.29%	1.22%

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	−14.25%	−13.86%	0.39%	₹85,750	₹86,140

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 Nifty MidSmall India Consumption 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 25-11-2024 to 30-10-2026: 24 instalments, ₹2,40,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planMotilal Oswal Nifty MidSmall India Consumption Index Fund (Direct)	₹2,40,000	₹2,20,267	−₹19,733	−8.1%
Regular planMotilal Oswal Nifty MidSmall India Consumption Index Fund (Regular)	₹2,40,000	₹2,19,259	−₹20,741	−8.5%
Nifty MidSmall India Consumption TRI	₹2,40,000	₹2,21,844	−₹18,156	−7.4%

₹0₹50,000₹1.0 L₹1.5 L₹2.0 L₹2.5 L

20252026

Direct planMotilal Oswal Nifty MidSmall India Consumption Index Fund (Direct)Regular planMotilal Oswal Nifty MidSmall India Consumption Index Fund (Regular)Nifty MidSmall India Consumption 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 Nifty MidSmall India Consumption Index Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

100.5%Equity

Asset	Fund
Equity	100.5%
Cash and others	−0.5%

Cash and others is below 0: on that day the fund owed more in payments due than it held in cash.

Market cap of stocks

Market cap	Fund
Large Cap	0.0%
Mid Cap	97.3%
Small Cap	3.2%

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 Nifty MidSmall India Consumption Index Fund Sector Allocation

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

Largest sectors

Retailing21.4%
Consumer Durables14.2%
Realty14.2%
Leisure Services11.8%
Beverages7.7%
Automobiles7.0%
Pharmaceuticals & Biotechnology6.2%
Personal Products4.7%
Agricultural Food & other Products4.3%
Healthcare Services4.2%

The ten largest of 12 sectors. The other 2 add up to 4.8%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Retailing	17.4%	18.2%	21.4%	+4.0%
Realty	12.0%	12.1%	14.2%	+2.2%
Consumer Durables	19.4%	19.1%	14.2%	−5.3%
Leisure Services	5.3%	5.6%	11.8%	+6.4%
Beverages	3.6%	3.8%	7.7%	+4.1%

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 Nifty MidSmall India Consumption Index Fund Portfolio Holdings

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

Holdings	Sector	Weight%	1M change
Hero MotoCorp Limited	Automobiles	7.03%	−11.1%
The Indian Hotels Company Limited	Leisure Services	6.61%	New
Dixon Technologies (India) Limited	Consumer Durables	5.64%	−10.8%
Lenskart Solutions Limited	Retailing	5.19%	New
Info Edge India Ltd	Retailing	4.89%	−10.4%
FSN E-Commerce Ventures Limited	Retailing	4.53%	−11.1%
Marico Limited	Agricultural Food & other Products	4.31%	−11.0%
Fortis Healthcare Limited	Healthcare Services	4.15%	−11.1%
United Spirits Limited	Beverages	4.14%	New
Swiggy Limited	Retailing	3.88%	−5.9%
The Phoenix Mills Limited	Realty	3.74%	−11.1%
Radico Khaitan Limited	Beverages	3.54%	−11.1%
Lodha Developers Limited	Realty	3.49%	New
Alkem Laboratories Limited	Pharmaceuticals & Biotechnology	3.22%	−8.4%
Vishal Mega Mart Limited	Retailing	2.93%	−10.6%
Mankind Pharma Limited	Pharmaceuticals & Biotechnology	2.93%	−11.0%
Havells India Limited	Consumer Durables	2.65%	−11.1%
Prestige Estates Projects Limited	Realty	2.58%	−11.1%
Voltas Limited	Consumer Durables	2.52%	−11.1%
Torrent Power Limited	Power	2.45%	−11.1%
Colgate Palmolive (India) Limited	Personal Products	2.40%	−11.1%
Page Industries Limited	Textiles & Apparels	2.37%	−10.9%
Dabur India Limited	Personal Products	2.32%	−11.2%
Godrej Properties Limited	Realty	2.28%	−11.1%
Oberoi Realty Limited	Realty	2.15%	−11.1%
Blue Star Limited	Consumer Durables	2.04%	−11.1%
ITC Hotels Limited	Leisure Services	1.90%	−11.1%
Jubilant Foodworks Limited	Leisure Services	1.85%	−10.8%
Indian Railway Catering And Tourism Corporation Limited	Leisure Services	1.42%	−11.1%
Crompton Greaves Consumer Electricals Limited	Consumer Durables	1.39%	−11.0%

Motilal Oswal Nifty MidSmall India Consumption Index Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

Hero MotoCorp Limited	Reduced	−11.1%	7.03%
Dixon Technologies (India) Limited	Reduced	−10.8%	5.64%
The Indian Hotels Company Limited	New	New	6.61%
Info Edge India Ltd	Reduced	−10.4%	4.89%
Lenskart Solutions Limited	New	New	5.19%
FSN E-Commerce Ventures Limited	Reduced	−11.1%	4.53%
Fortis Healthcare Limited	Reduced	−11.1%	4.15%
Marico Limited	Reduced	−11.0%	4.31%
Swiggy Limited	Reduced	−5.9%	3.88%
Vodafone Idea Limited	Sold out	−100%	was 4.25%
United Spirits Limited	New	New	4.14%
The Phoenix Mills Limited	Reduced	−11.1%	3.74%
Radico Khaitan Limited	Reduced	−11.1%	3.54%
Lodha Developers Limited	New	New	3.49%
Havells India Limited	Reduced	−11.1%	2.65%
Alkem Laboratories Limited	Reduced	−8.4%	3.22%
Vishal Mega Mart Limited	Reduced	−10.6%	2.93%
Prestige Estates Projects Limited	Reduced	−11.1%	2.58%
Mankind Pharma Limited	Reduced	−11.0%	2.93%
Voltas Limited	Reduced	−11.1%	2.52%
Godrej Properties Limited	Reduced	−11.1%	2.28%
Colgate Palmolive (India) Limited	Reduced	−11.1%	2.40%
Torrent Power Limited	Reduced	−11.1%	2.45%
Kalyan Jewellers India Limited	Sold out	−100%	was 2.49%
Dabur India Limited	Reduced	−11.2%	2.32%
Page Industries Limited	Reduced	−10.9%	2.37%
Oberoi Realty Limited	Reduced	−11.1%	2.15%
Jubilant Foodworks Limited	Reduced	−10.8%	1.85%
Blue Star Limited	Reduced	−11.1%	2.04%
ITC Hotels Limited	Reduced	−11.1%	1.90%
Crompton Greaves Consumer Electricals Limited	Reduced	−11.0%	1.39%
Indian Railway Catering And Tourism Corporation Limited	Reduced	−11.1%	1.42%
Abbott India Limited	Sold out	−100%	was 1.46%
Patanjali Foods Limited	Sold out	−100%	was 1.29%

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 Nifty MidSmall India Consumption Index Fund bought and sold

Motilal Oswal Nifty MidSmall India Consumption Index Fund Portfolio Overlap

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

Fund	Overlap	Holdings in common
The Wealth Company Mid Cap FundMid Cap · The Wealth Company	29.6%	12	Compare
Axis NIFTY Midcap 50 Index FundIndex · Axis	29.1%	16	Compare
Kotak Nifty Midcap 50 Index FundIndex · Kotak Mahindra	29.1%	16	Compare
Kotak Nifty Midcap 50 ETFETF · Kotak Mahindra	29.1%	16	Compare
Motilal Oswal Nifty Midcap 100 ETFETF · Motilal Oswal	27.2%	26	Compare
LIC Mf NIFTY Midcap 100 ETFETF · LIC	26.5%	26	Compare
Mirae Asset Nifty India New Age Consumption ETFETF · Mirae Asset	26.4%	21	Compare
Kotak BSE Housing Index FundIndex · Kotak Mahindra	26.4%	9	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 Nifty MidSmall India Consumption Index Fund Overview

Fund facts from the scheme summary document

Expense ratio (Direct): 0.80%
Expense ratio (Regular): 1.22%
Category: Not available
Risk: Not available
Benchmark: Not available
Launch date: Not available
Minimum investment: Not available
Minimum additional investment: Not available
AUM: ₹22.55 Cr (30-09-2026)
Lock in: Not available
Scheme code (Direct): 153025
ISIN (Direct): INF247L01DU7
Scheme code (Regular): 153024
ISIN (Regular): INF247L01DV5
NAV history: From 25-11-2024, 1.9 years

Exit load: Not available

Tax on Motilal Oswal Nifty MidSmall India Consumption Index Fund returns

How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
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	Growth	₹8.9787	30-10-2026
regular	Growth	₹8.8975	30-10-2026

About Motilal Oswal Nifty MidSmall India Consumption Index Fund

Motilal Oswal Nifty MidSmall India Consumption Index Fund is a mutual fund from Motilal Oswal Mutual Fund. At the end of September 2026 it held 30 securities.

Fund Manager

Not available

See all funds of Motilal Oswal Mutual Fund

AUM change

September 2026: ₹22.55 Cr; −7.32% from August 2026
August 2026: ₹24.33 Cr; −4.10% from July 2026
July 2026: ₹25.37 Cr; +4.96% from June 2026

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

Compare Motilal Oswal Nifty MidSmall India Consumption 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 Nifty MidSmall India Consumption Index Fund

What is the current NAV of Motilal Oswal Nifty MidSmall India Consumption Index Fund?

The Direct plan NAV is ₹8.9787. The Regular plan NAV is ₹8.8975, as on 30-10-2026.

What are the returns of Motilal Oswal Nifty MidSmall India Consumption Index Fund?

The Direct plan returned −13.86% in 1 year. The Regular plan returned −14.25% in 1 year. These figures are as on 30-10-2026.

What is the expense ratio of Motilal Oswal Nifty MidSmall India Consumption Index Fund?

The Direct plan charges 0.80% a year. The Regular plan charges 1.22% 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 Nifty MidSmall India Consumption Index Fund?

Motilal Oswal Nifty MidSmall India Consumption Index Fund managed ₹22.55 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Motilal Oswal Nifty MidSmall India Consumption Index Fund?

At the end of September 2026 the largest holdings were HEROMOTOCO (7.03%), INDHOTEL (6.61%), DIXON (5.64%), LENSKART (5.19%), NAUKRI (4.89%). The fund held 30 securities in all.

What did Motilal Oswal Nifty MidSmall India Consumption Index Fund buy and sell in September 2026?

It bought 4 new stocks: The Indian Hotels Company Limited, Lodha Developers Limited, United Spirits Limited, Lenskart Solutions Limited. It sold out of 4: Kalyan Jewellers India Limited, Abbott India Limited, Patanjali Foods Limited, Vodafone Idea Limited. It reduced 26.

How do I invest in Motilal Oswal Nifty MidSmall India Consumption 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. You can invest once or through a monthly SIP.

How has Motilal Oswal Nifty MidSmall India Consumption Index Fund performed against its benchmark?

Its benchmark is Nifty MidSmall India Consumption TRI. The Direct plan returned −13.86% in 1 year. The benchmark returned −13.40% in 1 year.

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document.

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.