Motilal Oswal BSE Enhanced Value Index Fund
- NAV as on 24 Sep 2026
- ₹26.12-1.03%1 day
- Return since launch
- 25.5%
- 52-week range
- ₹24.52 — ₹30.26
- AUM
- ₹2,251 Cr
Motilal Oswal BSE Enhanced Value Index Fund is a Large & MidCap Index equity fund from Motilal Oswal Mutual Fund with ₹2,251 Cr under management, launched in 2022. Over three years it has returned 7.2% a year, against 9.9% for its category. The expense ratio is 1.16% and the SEBI riskometer reading is Very High.
Performance
Motilal Oswal BSE Enhanced Value Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +5.2% against -5.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -6.6% | −5.3 pts | -1.3% | -7.5% |
| 2Y | 3.5% | +5.1 pts | -1.6% | -4.6% |
| 3Y | 7.2% | −2.7 pts | 9.9% | -1.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.7% | +1.8 pts | -4.5% | -4.3% |
| 3M | -4.1% | −1.4 pts | -2.7% | -3.0% |
| 6M | 0.7% | −3.3 pts | 4.0% | 4.3% |
| 1Y | 5.2% | +6.5 pts | -1.3% | -5.1% |
| 2Y | 0.5% | +7.8 pts | -7.3% | -9.2% |
| 3Y | 19.0% | +9.1 pts | 9.9% | 7.6% |
Since launch (29 Jul 2022): 25.5%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 20.9% | +17.6 pts | 3.3% |
| 2024 | 19.0% | +1.0 pts | 18.0% |
| 2023 | 59.3% | +20.5 pts | 38.9% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.12%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.90%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.21%
- Exit load
- Exit Load: 1%- If redeemed on or before 15 days from the date of allotment.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- BSE Enhanced Value TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 8.92 | 0.30 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.25 | 1.13 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.80 | 0.44 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.16 | 0.60 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 22.02 | 18.34 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
Motilal Oswal BSE Enhanced Value Index Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity98.4%
- Other1.6%
Market cap split
- Large77.1%
- Mid18.5%
- Small4.5%
- P/E
- 7.58
- P/B
- 1.26
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Hindalco Industries Ltd. | Metals & Mining | 8.66% | ₹195 Cr | +9.27% | +8.36% | +7.49% |
| State Bank of India | Financial | 7.95% | ₹179 Cr | +6.98% | +9.86% | +8.15% |
| Bharat Petroleum Corporation Ltd. | Energy | 7.52% | ₹169 Cr | +6.81% | +8.14% | +8.51% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 7.38% | ₹166 Cr | +8.85% | +3.62% | +7.35% |
| Oil And Natural Gas Corporation Ltd. | Energy | 7.01% | ₹158 Cr | +7.75% | +8.11% | +7.64% |
| Indian Oil Corporation Ltd. | Energy | 6.67% | ₹150 Cr | +6.64% | +8.92% | +8.01% |
| Coal India Ltd. | Materials | 6.35% | ₹143 Cr | +6.98% | — | — |
| GAIL (India) Ltd. | Energy | 4.58% | ₹103 Cr | +4.19% | +5.34% | +7.38% |
| Hindustan Petroleum Corporation Ltd. | Energy | 4.25% | ₹95.62 Cr | +4.47% | +5.48% | +5.91% |
| Power Finance Corporation Ltd. | Financial | 3.92% | ₹88.35 Cr | +4.69% | +3.26% | +3.55% |
| Steel Authority Of India Ltd. | Metals & Mining | 3.49% | ₹78.59 Cr | +3.50% | +3.18% | +2.96% |
| Bank Of Baroda | Financial | 3.41% | ₹76.68 Cr | +3.71% | +4.01% | +3.60% |
| Canara Bank | Financial | 3.40% | ₹76.60 Cr | +3.40% | +3.75% | +3.15% |
| Punjab National Bank | Financial | 3.02% | ₹68.07 Cr | +2.71% | +2.79% | +2.78% |
| REC Ltd. | Financial | 2.83% | ₹63.78 Cr | +2.94% | +2.14% | +2.36% |
| Indusind Bank Ltd. | Financial | 2.64% | ₹59.38 Cr | +2.33% | +2.44% | +2.45% |
| Union Bank of India | Financial | 2.53% | ₹57.06 Cr | +2.22% | +2.59% | +2.00% |
| Life Insurance Corporation of India | Insurance | 1.82% | ₹40.97 Cr | +1.73% | +0.99% | +1.25% |
| Others | Others | 1.63% | ₹36.40 Cr | -0.24% | +2.69% | +1.54% |
| Petronet LNG Ltd. | Energy | 1.63% | ₹36.68 Cr | +1.46% | +2.40% | +2.31% |
| Indian Bank | Financial | 1.58% | ₹35.58 Cr | +1.42% | +1.67% | +1.61% |
| Bank of India | Financial | 1.40% | ₹31.44 Cr | +1.33% | +1.57% | +1.20% |
| LIC Housing Finance Ltd. | Financial | 1.32% | ₹29.70 Cr | +1.26% | +1.01% | +1.24% |
| AWL Agri Business Ltd. | Consumer Staples | 0.99% | ₹22.30 Cr | +0.96% | — | — |
| Bank of Maharashtra | Financial | 0.94% | ₹21.19 Cr | +0.88% | +0.54% | +0.45% |
| General Insurance Corporation of India | Insurance | 0.81% | ₹18.25 Cr | +0.84% | +0.56% | +0.58% |
| Bandhan Bank Ltd. | Financial | 0.79% | ₹17.82 Cr | +0.97% | +0.73% | +0.88% |
| ACC Ltd. | Materials | 0.70% | ₹15.69 Cr | +0.74% | — | — |
| The New India Assurance Company Ltd. | Insurance | 0.35% | ₹7.99 Cr | +0.28% | +0.19% | +0.30% |
| Central Bank of India | Financial | 0.26% | ₹5.87 Cr | +0.26% | +0.25% | +0.12% |
| UCO Bank | Financial | 0.17% | ₹3.77 Cr | +0.16% | +0.14% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 0.03% | 1.20% | +1.17% |
| Power Finance Corporation Ltd. | 4.79% | 3.92% | -0.87% |
| Steel Authority Of India Ltd. | 2.98% | 3.49% | +0.51% |
| REC Ltd. | 3.34% | 2.83% | -0.51% |
| Tata Motors Passenger Vehicles Ltd. | 7.89% | 7.38% | -0.51% |
| Hindalco Industries Ltd. | 8.27% | 8.66% | +0.39% |
| Hindustan Petroleum Corporation Ltd. | 4.57% | 4.25% | -0.32% |
| State Bank of India | 7.66% | 7.95% | +0.29% |
| Oil And Natural Gas Corporation Ltd. | 7.29% | 7.01% | -0.28% |
| GAIL (India) Ltd. | 4.78% | 4.58% | -0.20% |
| Union Bank of India | 2.34% | 2.53% | +0.19% |
| Indian Oil Corporation Ltd. | 6.84% | 6.67% | -0.17% |
| Coal India Ltd. | 6.51% | 6.35% | -0.16% |
| Indian Bank | 1.46% | 1.58% | +0.12% |
| Petronet LNG Ltd. | 1.56% | 1.63% | +0.07% |
| Bandhan Bank Ltd. | 0.84% | 0.79% | -0.05% |
| Bank Of Baroda | 3.46% | 3.41% | -0.05% |
| Bank of India | 1.35% | 1.40% | +0.05% |
| Canara Bank | 3.35% | 3.40% | +0.05% |
| Punjab National Bank | 2.97% | 3.02% | +0.05% |
| ACC Ltd. | 0.74% | 0.70% | -0.04% |
| LIC Housing Finance Ltd. | 1.28% | 1.32% | +0.04% |
| Bank of Maharashtra | 0.90% | 0.94% | +0.04% |
| Bharat Petroleum Corporation Ltd. | 7.55% | 7.52% | -0.03% |
| The New India Assurance Company Ltd. | 0.32% | 0.35% | +0.03% |
| AWL Agri Business Ltd. | 0.97% | 0.99% | +0.02% |
| Indusind Bank Ltd. | 2.66% | 2.64% | -0.02% |
| Life Insurance Corporation of India | 1.84% | 1.82% | -0.02% |
| Central Bank of India | 0.27% | 0.26% | -0.01% |
| UCO Bank | 0.18% | 0.17% | -0.01% |
| General Insurance Corporation of India | 0.81% | 0.81% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,382 Cr | 1.19% | -4.0% | 1.3% | 8.1% |
 UTI Nifty200 Momentum 30 Index Fund | ₹8,513 Cr | 1.36% | -3.5% | -0.3% | 8.1% |
 Kotak Nifty 200 Momentum 30 Index Fund | ₹601 Cr | 1.25% | -3.6% | -0.3% | — |
 Edelweiss NIFTY Large Mid Cap 250 Index Fund | ₹354 Cr | 1.06% | -3.2% | 3.9% | — |
| Motilal Oswal BSE Quality Index Fund | ₹58.50 Cr | 1.09% | -5.4% | 2.1% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide returns that, before expenses, correspond to the total returns of the securities as represented by the S&P BSE Enhanced Value Index, subject to tracking error.
Fund managers
- Dishant MehtaBachelors of Science (B.SC)Mr. Dishant Mehta has more than 11 years of experience and expertise in Financial markets across different segment -Equities, Derivatives, Commodities and Currencies
- Rakesh ShettyMr. Shetty has done B.ComPrior to joining Motilal Oswal Mutual Fund, he has worked with Company engaged in Capital Market Business wherein he was in charge of equity and debt ETFs, customized indices and has also been part of product development.
- Swapnil P MayekarMr. Mayekar is an M.Com from Mumbai University and also holds an Advanced Diploma in Business Administration from Welingkar, Mumbai.Prior to joining Motilal Oswal AMC he worked with Business Standard Limited from Aug 2005 to Feb 2010.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months0.72% absolute | ₹60,000 | ₹60,432 | 0.72% | |
| 1 year5.22% annualised | ₹1,20,000 | ₹1,23,448 | 2.87% | |
| 3 years19.04% annualised | ₹3,60,000 | ₹4,88,173 | 35.60% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.