Motilal Oswal Nifty MidSmall Financial Services Index Fund Direct Growth

Fund Overview

Fund Size

₹48 Cr

Expense Ratio

0.63%

ISIN

INF247L01DW3

Minimum SIP

₹500

Exit Load

1.00%

Inception Date

19 Nov 2024

About this fund

Motilal Oswal Nifty MidSmall Financial Services Index Fund Direct Growth is a Index Funds mutual fund schemes offered by Motilal Oswal Mutual Fund. This fund has been in existence for 11 months and 3 days, having been launched on 19-Nov-24.
As of 20-Oct-25, it has a Net Asset Value (NAV) of ₹12.81, Assets Under Management (AUM) of 48.25 Crores, and an expense ratio of 0.63%.

Motilal Oswal Nifty MidSmall Financial Services Index Fund Direct Growth has given a CAGR return of 28.12% since inception.
The fund's asset allocation comprises around 70.54% in equities, 0.00% in debts, and 29.46% in cash & cash equivalents.
You can start investing in Motilal Oswal Nifty MidSmall Financial Services Index Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

+28.12%

— (Cat Avg.)

Portfolio Summaryas of 30th September 2025

Equity	₹34.03 Cr	70.54%
Others	₹14.22 Cr	29.46%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Net Receivables / (Payables)	Cash	₹14.22 Cr	29.46%
BSE Ltd	Equity	₹3.08 Cr	6.38%
PB Fintech Ltd	Equity	₹2.12 Cr	4.40%
HDFC Asset Management Co Ltd	Equity	₹2.08 Cr	4.31%
IndusInd Bank Ltd	Equity	₹1.79 Cr	3.71%
The Federal Bank Ltd	Equity	₹1.75 Cr	3.63%
IDFC First Bank Ltd	Equity	₹1.7 Cr	3.53%
Yes Bank Ltd	Equity	₹1.55 Cr	3.20%
Max Financial Services Ltd	Equity	₹1.53 Cr	3.18%
One97 Communications Ltd	Equity	₹1.53 Cr	3.16%
AU Small Finance Bank Ltd	Equity	₹1.52 Cr	3.15%
Multi Commodity Exchange of India Ltd	Equity	₹1.47 Cr	3.05%
Muthoot Finance Ltd	Equity	₹1.22 Cr	2.53%
Union Bank of India	Equity	₹0.99 Cr	2.05%
Indian Bank	Equity	₹0.98 Cr	2.03%
SBI Cards and Payment Services Ltd Ordinary Shares	Equity	₹0.97 Cr	2.01%
Central Depository Services (India) Ltd	Equity	₹0.96 Cr	1.99%
360 One Wam Ltd Ordinary Shares	Equity	₹0.87 Cr	1.81%
ICICI Prudential Life Insurance Co Ltd	Equity	₹0.86 Cr	1.79%
Aditya Birla Capital Ltd	Equity	₹0.83 Cr	1.71%
L&T Finance Ltd	Equity	₹0.75 Cr	1.56%
Computer Age Management Services Ltd Ordinary Shares	Equity	₹0.67 Cr	1.38%
LIC Housing Finance Ltd	Equity	₹0.63 Cr	1.30%
RBL Bank Ltd	Equity	₹0.61 Cr	1.27%
PNB Housing Finance Ltd	Equity	₹0.6 Cr	1.24%
Manappuram Finance Ltd	Equity	₹0.57 Cr	1.18%
Bank of India	Equity	₹0.55 Cr	1.15%
Bandhan Bank Ltd	Equity	₹0.52 Cr	1.08%
Angel One Ltd Ordinary Shares	Equity	₹0.51 Cr	1.05%
Housing & Urban Development Corp Ltd	Equity	₹0.41 Cr	0.86%
Indian Energy Exchange Ltd	Equity	₹0.41 Cr	0.85%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹31.84 Cr	65.99%
Technology	₹2.19 Cr	4.54%

Risk & Performance Ratios

Fund Managers

Swapnil Mayekar

Since November 2024

Rakesh Shetty

Since November 2024

Dishant Mehta

Since December 2024

Additional Scheme Detailsas of 30th September 2025

ISIN

INF247L01DW3

Expense Ratio

0.63%

Exit Load

1.00%

Fund Size

₹48 Cr

Age

11 months

Lumpsum Minimum

₹500

Fund Status

Open Ended Investment Company

Benchmark

Nifty MidSmall Financial Services

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Index Funds Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Zerodha BSE SENSEX Index Fund Direct Growth Very High Risk	-	0.0%	-	-
Zerodha Nifty 50 ETF Very High Risk	-	-	-	-
Zerodha Nifty 50 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
DSP Nifty500 Flexicap Quality 30 ETF Very High Risk	-	-	-	-
Kotak Nifty 200 Momentum 30 ETF Very High Risk	-	-	-	-
Groww Nifty Realty ETF Very High Risk	-	-	-	-
Tata Nifty Next 50 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
Tata Nifty Next 50 Index Fund Regular Growth Very High Risk	-	0.0%	-	-
Bandhan BSE India Sector Leaders Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹32.72 Cr	-
Bandhan BSE India Sector Leaders Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹32.72 Cr	-
Edelweiss Nifty LargeMidcap 250 ETF Very High Risk	1.0%	-	₹74.41 Cr	-
Zerodha Nifty Smallcap 100 ETF Very High Risk	-	-	₹8.44 Cr	-
Axis Nifty500 Quality 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹81.91 Cr	-
Axis Nifty500 Quality 50 Index Fund Regular Growth Very High Risk	1.1%	0.0%	₹81.91 Cr	-
DSP Nifty500 Flexicap Quality 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹62.35 Cr	-
DSP Nifty500 Flexicap Quality 30 Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹62.35 Cr	-
Groww Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹5.78 Cr	-
Groww Nifty Next 50 Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹5.78 Cr	-
Nippon India Nifty India Manufacturing Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹35.90 Cr	-
Nippon India Nifty India Manufacturing Index Fund Regular Growth Very High Risk	0.9%	0.0%	₹35.90 Cr	-
JioBlackRock Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹113.92 Cr	-
JioBlackRock Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹126.31 Cr	-
JioBlackRock Nifty Next 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹89.08 Cr	-
JioBlackRock Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹92.50 Cr	-
Kotak Nifty Alpha 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹10.66 Cr	-
Kotak Nifty Alpha 50 Index Fund Regular Growth Very High Risk	0.9%	0.0%	₹10.66 Cr	-
Nippon India Nifty 1D Rate Liquid ETF Low Risk	0.5%	-	₹62.87 Cr	-
Aditya Birla Sun Life BSE 500 Quality 50 Index Fund Regular Growth Very High Risk	0.1%	0.0%	₹78.07 Cr	-
Aditya Birla Sun Life BSE 500 Quality 50 Index Fund Direct Growth Very High Risk	0.0%	0.0%	₹78.07 Cr	-
Aditya Birla Sun Life BSE 500 Momentum 50 Index Fund Regular Growth Very High Risk	0.1%	0.0%	₹53.70 Cr	-
Aditya Birla Sun Life BSE 500 Momentum 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹53.70 Cr	-
SBI Nifty100 Low Volatility 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹63.78 Cr	-
SBI Nifty100 Low Volatility 30 Index Fund Regular Growth Very High Risk	0.8%	0.0%	₹63.78 Cr	-
Motilal Oswal Nifty Midcap150 Momentum 50 ETF Very High Risk	0.5%	-	₹11.17 Cr	-
Groww Nifty 50 ETF Very High Risk	0.2%	-	₹11.94 Cr	-
ICICI Prudential Nifty Private Bank Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹8.44 Cr	-
ICICI Prudential Nifty Private Bank Index Fund Regular Growth Very High Risk	0.9%	0.0%	₹8.44 Cr	-
Groww Nifty 50 Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹13.41 Cr	-
Groww Nifty 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹13.41 Cr	-
Sundaram Multi-Factor Fund Direct Growth Very High Risk	0.5%	1.0%	₹903.43 Cr	-
Sundaram Multi-Factor Fund Regular Growth Very High Risk	2.2%	1.0%	₹903.43 Cr	-
SBI Nifty200 Momentum 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹103.96 Cr	-
SBI Nifty200 Momentum 30 Index Fund Regular Growth Very High Risk	0.7%	0.0%	₹103.96 Cr	-
Kotak Nifty 200 Quality 30 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹12.56 Cr	-
Kotak Nifty 200 Quality 30 Index Fund Regular Growth Very High Risk	0.6%	0.0%	₹12.56 Cr	-
Kotak Nifty200 Quality 30 ETF Very High Risk	0.3%	-	₹2.17 Cr	-
ICICI Prudential Nifty Top 15 Equal Weight ETF Very High Risk	0.3%	-	₹7.16 Cr	-
ICICI Prudential Nifty Top 15 Equal Weight Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹15.05 Cr	-
ICICI Prudential Nifty Top 15 Equal Weight Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹15.05 Cr	-
Motilal Oswal Nifty PSE ETF Very High Risk	0.5%	-	₹1.18 Cr	-

About the AMC

Motilal Oswal Mutual Fund

+91 22 39804263

https://www.motilaloswalmf.com/

Total AUM

₹1,27,741 Cr

Address

Motilal Oswal Tower, Mumbai, 400 025

Other Funds by Motilal Oswal Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Motilal Oswal Consumption Fund Direct Growth Very High Risk	-	1.0%	-	-
Motilal Oswal Special Opportunities Fund Direct Growth Very High Risk	2.6%	1.0%	₹54.35 Cr	-
Motilal Oswal BSE 1000 Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹51.70 Cr	-
Motilal Oswal Services Fund Direct Growth Very High Risk	2.5%	1.0%	₹58.02 Cr	-
Motilal Oswal Infrastructure Fund Direct Growth Very High Risk	2.5%	1.0%	₹63.09 Cr	-
Motilal Oswal Active Momentum Fund Direct Growth Very High Risk	2.6%	1.0%	₹168.70 Cr	-
Motilal Oswal Innovation Opportunities Fund Direct Growth Very High Risk	1.0%	1.0%	₹392.97 Cr	-
f Motilal Oswal Arbitrage Fund Direct Growth Low Risk	0.1%	0.0%	₹1451.47 Cr	-
Motilal Oswal Nifty Capital Market Index Fund Direct Growth Very High Risk	0.5%	1.0%	₹256.63 Cr	-
Motilal Oswal Nifty MidSmall Financial Services Index Fund Direct Growth Very High Risk	0.6%	1.0%	₹48.25 Cr	-
Motilal Oswal Nifty MidSmall IT and Telecom Index Fund Direct Growth Very High Risk	0.6%	1.0%	₹29.29 Cr	-
Motilal Oswal Nifty MidSmall Healthcare Index Fund Direct Growth Very High Risk	0.6%	1.0%	₹29.14 Cr	-
Motilal Oswal Nifty MidSmall India Consumption Index Fund Direct Growth Very High Risk	0.6%	1.0%	₹17.30 Cr	-
Motilal Oswal Digital India Fund Direct Growth Very High Risk	0.8%	1.0%	₹841.72 Cr	-
Motilal Oswal Nifty 500 Momentum 50 Index Fund Direct Growth Very High Risk	0.4%	1.0%	₹724.74 Cr	-13.6%
Motilal Oswal Business Cycle Fund Direct Growth Very High Risk	0.6%	1.0%	₹1984.52 Cr	16.1%
Motilal Oswal Manufacturing Fund Direct Growth Very High Risk	0.8%	1.0%	₹811.86 Cr	6.9%
Motilal Oswal Nifty India Defence Index Fund Direct Growth Very High Risk	0.4%	1.0%	₹3703.30 Cr	22.0%
Motilal Oswal Quant Fund Direct Growth Very High Risk	0.9%	1.0%	₹141.43 Cr	-9.3%
Motilal Oswal Multi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹4310.07 Cr	13.3%
Motilal Oswal Large Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹2779.28 Cr	11.6%
Motilal Oswal Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹5452.13 Cr	2.7%
Motilal Oswal Developed Market Ex US ETFs Fund of Funds Direct Growth Very High Risk	0.1%	1.0%	₹33.57 Cr	25.1%
Motilal Oswal Nifty Microcap 250 Index Fund Direct Growth Very High Risk	0.5%	1.0%	₹2617.90 Cr	-8.6%
Motilal Oswal Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹603.82 Cr	6.5%
Motilal Oswal S&P BSE Low Volatility Index Fund Direct Growth Very High Risk	0.4%	1.0%	₹109.93 Cr	0.1%
Motilal Oswal Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹374.60 Cr	-5.8%
Motilal Oswal Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹754.61 Cr	5.1%
Motilal Oswal Large and Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹13777.98 Cr	4.2%
Motilal Oswal S&P 500 Index Fund Direct Growth Very High Risk	0.6%	1.0%	₹4036.19 Cr	20.3%
Motilal Oswal Focused Fund Direct Growth Very High Risk	1.0%	1.0%	₹1466.67 Cr	-8.8%
Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth Very High Risk	0.8%	1.0%	₹6089.46 Cr	43.3%
Motilal Oswal MSCI EAFE Top 100 Select Index Fund Direct Growth Very High Risk	0.5%	1.0%	₹35.75 Cr	12.4%
Motilal Oswal Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹34748.89 Cr	-1.6%
Motilal Oswal Nifty 200 Momentum 30 Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹878.04 Cr	-12.8%
Motilal Oswal Equity Hybrid Fund Direct Growth Very High Risk	0.9%	1.0%	₹417.89 Cr	18.4%
Motilal Oswal Asset Allocation Passive Fund of Fund - Aggressive Direct Growth Very High Risk	0.3%	1.0%	₹102.24 Cr	13.1%
Motilal Oswal Asset Allocation Passive Fund of Fund - Conservative Direct Growth High Risk	0.5%	1.0%	₹64.78 Cr	13.2%
Motilal Oswal Multi Asset Fund Direct Growth High Risk	0.7%	1.0%	₹93.80 Cr	-7.3%
Motilal Oswal 5 Year G-Sec Fund of Fund Direct Growth Moderate Risk	0.4%	0.0%	₹49.00 Cr	8.4%
Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹996.91 Cr	-5.5%
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹2630.75 Cr	1.2%
Motilal Oswal Nifty Bank Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹613.60 Cr	12.1%
Motilal Oswal Nifty 500 Fund Direct Growth Very High Risk	0.2%	1.0%	₹2507.41 Cr	2.1%
Motilal Oswal Nifty G-sec May 2029 Index Fund Direct Growth Moderate Risk	0.1%	1.0%	₹11.37 Cr	-
Motilal Oswal Long Term Equity Fund Direct Growth Very High Risk	0.6%	0.0%	₹4376.90 Cr	-2.2%
Motilal Oswal Flexicap Fund Direct Growth Very High Risk	0.8%	1.0%	₹13553.82 Cr	1.8%
Motilal Oswal S&P BSE Enhanced Value Index Fund Direct Growth Very High Risk	0.4%	1.0%	₹887.16 Cr	1.5%
Motilal Oswal S&P BSE Quality Index Fund Direct Growth Very High Risk	0.4%	1.0%	₹57.79 Cr	-4.6%
Motilal Oswal Liquid Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1226.25 Cr	6.4%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

What is the current NAV of Motilal Oswal Nifty MidSmall Financial Services Index Fund Direct Growth?

The NAV of Motilal Oswal Nifty MidSmall Financial Services Index Fund Direct Growth, as of 20-Oct-2025, is ₹12.81.

What is the portfolio composition of Motilal Oswal Nifty MidSmall Financial Services Index Fund Direct Growth?

The fund's allocation of assets is distributed as 70.54% in equities, 0.00% in bonds, and 29.46% in cash and cash equivalents.

Who manages the Motilal Oswal Nifty MidSmall Financial Services Index Fund Direct Growth?

The fund managers responsible for Motilal Oswal Nifty MidSmall Financial Services Index Fund Direct Growth are:-

Swapnil Mayekar
Rakesh Shetty
Dishant Mehta

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹48 Cr

Expense Ratio

0.63%

ISIN

INF247L01DW3

Minimum SIP

₹500

Exit Load

1.00%

Inception Date

19 Nov 2024

Risk Level

Your principal amount will be at Very High Risk