Motilal Oswal Financial Services Fund
- NAV as on 25 Sep 2026
- ₹10.26-0.26%1 day
- Return since launch
- 6.8%
- 52-week range
- ₹8.85 — ₹10.94
- AUM
- ₹217 Cr
Motilal Oswal Financial Services Fund is a Sectoral-Banking equity fund from Motilal Oswal Mutual Fund with ₹217 Cr under management, launched in 2026. The expense ratio is 2.77% and the SEBI riskometer reading is Very High.
Performance
Motilal Oswal Financial Services Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +2.6% against -6.4% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -6.1% | −1.1 pts | -5.0% | -4.3% |
| 3M | -0.7% | +2.8 pts | -3.5% | -3.4% |
| 6M | 12.4% | +5.0 pts | 7.4% | 7.3% |
Since launch (27 Jan 2026): 6.8%
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
2.66%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.10%
- Brokerage
- 0.09%
- Transaction charges
- 0.01%
- Statutory levies
- 0.46%
- Exit load
- Exit load of 1%, if redeemed within 90 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Financial Services 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.
Portfolio
Motilal Oswal Financial Services Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity98.2%
- Other1.8%
Market cap split
- Large49.8%
- Mid29.5%
- Small20.7%
- P/E
- 20.93
- P/B
- 2.52
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| State Bank of India | Financial | 7.00% | ₹15.18 Cr | +6.71% | +5.72% | — |
| ICICI Bank Ltd. | Financial | 6.71% | ₹14.54 Cr | +8.56% | +4.38% | — |
| HDFC Bank Ltd. | Financial | 6.38% | ₹13.83 Cr | +8.67% | +2.54% | — |
| company:12612 | Services | 5.73% | ₹12.41 Cr | — | — | — |
| Bajaj Finance Ltd. | Financial | 4.99% | ₹10.81 Cr | +6.82% | +3.09% | — |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 4.24% | ₹9.18 Cr | +4.02% | +3.30% | — |
| Shriram Finance Ltd | Financial | 3.91% | ₹8.47 Cr | +4.11% | +1.43% | — |
| Indusind Bank Ltd. | Financial | 3.90% | ₹8.46 Cr | +4.32% | +4.32% | — |
| One97 Communications Ltd. | Services | 3.84% | ₹8.33 Cr | +2.22% | +0.87% | — |
| PNB Housing Finance Ltd. | Financial | 3.83% | ₹8.30 Cr | +3.93% | — | — |
| PB Fintech Ltd. | Services | 3.65% | ₹7.92 Cr | +4.08% | — | — |
| Axis Bank Ltd. | Financial | 3.61% | ₹7.83 Cr | +7.32% | +3.07% | — |
| Prudent Corporate Advisory Services Ltd. | Financial | 3.52% | ₹7.63 Cr | +3.21% | +3.10% | — |
| Billionbrains Garage Ventures Ltd. | Financial | 3.13% | ₹6.78 Cr | +3.71% | — | — |
| AU Small Finance Bank Ltd. | Financial | 3.06% | ₹6.63 Cr | +3.41% | +1.61% | — |
| Aditya Birla Capital Ltd. | Financial | 2.83% | ₹6.14 Cr | +3.09% | +2.62% | — |
| Kotak Mahindra Bank Ltd. | Financial | 2.79% | ₹6.04 Cr | — | — | — |
| Indian Bank | Financial | 2.63% | ₹5.70 Cr | +0.49% | — | — |
| RBL Bank Ltd. | Financial | 2.63% | ₹5.71 Cr | +3.92% | +2.84% | — |
| Pine Labs Ltd. | Financial | 2.27% | ₹4.92 Cr | — | — | — |
| The Jammu & Kashmir Bank Ltd. | Financial | 2.27% | ₹4.92 Cr | +2.59% | — | — |
| L&T Finance Ltd. | Financial | 2.22% | ₹4.82 Cr | — | — | — |
| Piramal Finance Ltd. | Financial | 2.12% | ₹4.60 Cr | — | — | — |
| Ujjivan Small Finance Bank Ltd. | Financial | 1.91% | ₹4.15 Cr | +3.40% | +2.95% | — |
| SBI Funds Management Ltd. | Financial | 1.86% | ₹4.02 Cr | — | — | — |
| Others | Others | 1.78% | ₹3.87 Cr | +2.70% | +48.69% | — |
| The Federal Bank Ltd. | Financial | 1.65% | ₹3.57 Cr | — | — | — |
| company:7944 | Financial | 1.65% | ₹3.57 Cr | +0.13% | — | — |
| Central Depository Services (India) Ltd. | Financial | 1.62% | ₹3.51 Cr | — | — | — |
| company:4726 | Financial | 1.28% | ₹2.78 Cr | — | — | — |
| company:20615 | Financial | 0.99% | ₹2.15 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:12612 | 0.00% | 5.73% | +5.73% |
| BSE Ltd. | 2.61% | 0.00% | -2.61% |
| Bajaj Finance Ltd. | 7.45% | 4.99% | -2.46% |
| company:7944 | 0.00% | 1.65% | +1.65% |
| The Federal Bank Ltd. | 3.06% | 1.65% | -1.41% |
| Kotak Mahindra Bank Ltd. | 1.39% | 2.79% | +1.40% |
| company:4726 | 0.00% | 1.28% | +1.28% |
| IDFC First Bank Ltd. | 1.25% | 0.00% | -1.25% |
| HDFC Bank Ltd. | 7.57% | 6.38% | -1.19% |
| State Bank of India | 8.02% | 7.00% | -1.02% |
| company:20615 | 0.00% | 0.99% | +0.99% |
| Ujjivan Small Finance Bank Ltd. | 2.83% | 1.91% | -0.92% |
| Others | 0.96% | 1.78% | +0.82% |
| The Jammu & Kashmir Bank Ltd. | 1.61% | 2.27% | +0.66% |
| One97 Communications Ltd. | 3.22% | 3.84% | +0.62% |
| L&T Finance Ltd. | 2.69% | 2.22% | -0.47% |
| ICICI Bank Ltd. | 7.09% | 6.71% | -0.38% |
| PB Fintech Ltd. | 3.34% | 3.65% | +0.31% |
| Central Depository Services (India) Ltd. | 1.32% | 1.62% | +0.30% |
| Cholamandalam Investment and Finance Company Ltd. | 4.51% | 4.24% | -0.27% |
| Billionbrains Garage Ventures Ltd. | 3.39% | 3.13% | -0.26% |
| Indusind Bank Ltd. | 4.16% | 3.90% | -0.26% |
| Pine Labs Ltd. | 2.06% | 2.27% | +0.21% |
| SBI Funds Management Ltd. | 2.03% | 1.86% | -0.17% |
| Aditya Birla Capital Ltd. | 2.99% | 2.83% | -0.16% |
| RBL Bank Ltd. | 2.78% | 2.63% | -0.15% |
| Prudent Corporate Advisory Services Ltd. | 3.38% | 3.52% | +0.14% |
| Piramal Finance Ltd. | 2.03% | 2.12% | +0.09% |
| AU Small Finance Bank Ltd. | 3.15% | 3.06% | -0.09% |
| PNB Housing Finance Ltd. | 3.76% | 3.83% | +0.07% |
| Axis Bank Ltd. | 3.66% | 3.61% | -0.05% |
| Shriram Finance Ltd | 3.95% | 3.91% | -0.04% |
| Indian Bank | 2.62% | 2.63% | +0.01% |
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 | ₹2,982 Cr | 2.23% | -1.0% | 8.8% | 12.4% |
 SBI Banking & Financial Services Fund | ₹10,873 Cr | 2.16% | -7.6% | 6.8% | 11.6% |
 Invesco India Financial Services Fund | ₹1,896 Cr | 2.18% | -3.5% | 7.8% | 13.2% |
 Bandhan Financial Services Fund | ₹1,122 Cr | 2.49% | -3.1% | 5.5% | — |
 Quant BFSI Fund | ₹922 Cr | 3.48% | 14.2% | 15.4% | — |
 Kotak Nifty Financial Services Ex-Bank Index Fund | ₹99.18 Cr | 0.83% | -5.1% | 8.7% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The Scheme seeks to generate long-term capital appreciation by investing in equity or equity related instruments across market capitalization of companies deriving majority of their income from financial Services businesses.
Fund managers
- Ajay KhandelwalMr. Khandelwal is MBA & Bachelor of Engineering.Prior to joining Motilal Oswal Mutual Fund, he has worked with Canara Robeco Mutual Fund, BOI AXA Mutual Fund, B&K Securities and Infosys.
- Atul MehraMr. Mehra has done B.Com, Master's Degree in Accounting and CFAPrior to joining Motilal Oswal Mutual Fund, he has worked with Edelweiss Capital Ltd
- Bhalchandra ShindeMr. Shinde has done M.M.S Finance & B.E. MechanicalPrior to joining Motilal Oswal Mutual Fund, he was working with Kotak Mahindra Life Insurance and Max Life Insurance and Centrum Broking
- 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.
- Sandeep JainMr. jain is a C.A.Prior to joining Baroda BNP Paribas Mutual Fund, he has worked with Aditya Birla Sunlife Insurance and Sundaram Mutual Fund.
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 months12.41% absolute | ₹60,000 | ₹67,446 | 12.41% |
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.