Motilal Oswal Financial Services Fund
- NAV as on 9 Nov 2026
- ₹10.96+0.18%1 day
- Return since launch
- 9.4%
- 52-week range
- ₹8.85 — ₹10.94
- AUM
- ₹209 Cr
Motilal Oswal Financial Services Fund is a Sectoral-Banking equity fund from Motilal Oswal Mutual Fund with ₹209 Cr under management, launched in 2026. The expense ratio is 2.70% 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 +9.6% against -0.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 4.7% | −2.4 pts | 7.1% | 7.0% |
| 3M | 1.1% | 0.0 pts | 1.1% | 2.1% |
| 6M | 10.7% | +4.6 pts | 6.1% | 6.7% |
Since launch (27 Jan 2026): 9.4%
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
2.73%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.10%
- Brokerage
- 0.11%
- Transaction charges
- 0.01%
- Statutory levies
- 0.51%
- 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 30 Sep 2026
Asset allocation
- Equity88.9%
- Other11.1%
Market cap split
- Large50.6%
- Mid26.1%
- Small23.4%
- P/E
- 19.26
- P/B
- 2.36
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 11.09% | ₹23.23 Cr | +3.07% | +8.26% | — |
| State Bank of India | Financial | 6.56% | ₹13.74 Cr | +6.88% | +5.67% | — |
| ICICI Bank Ltd. | Financial | 6.31% | ₹13.22 Cr | +8.62% | +8.88% | — |
| Multi Commodity Exchange Of India Ltd. | Services | 5.75% | ₹12.05 Cr | — | — | — |
| Bajaj Finance Ltd. | Financial | 4.69% | ₹9.81 Cr | +6.95% | +7.09% | — |
| One 97 Communications Ltd. | Services | 3.89% | ₹8.14 Cr | +2.89% | +2.25% | — |
| Kotak Mahindra Bank Ltd. | Financial | 3.86% | ₹8.09 Cr | +1.02% | — | — |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 3.82% | ₹8.01 Cr | +4.30% | +3.26% | — |
| Indusind Bank Ltd. | Financial | 3.58% | ₹7.50 Cr | +4.02% | +4.19% | — |
| HDFC Bank Ltd. | Financial | 3.39% | ₹7.09 Cr | +8.55% | +8.08% | — |
| RBL Bank Ltd. | Financial | 3.37% | ₹7.06 Cr | +1.93% | +3.30% | — |
| Muthoot Finance Ltd. | Financial | 3.14% | ₹6.57 Cr | — | +3.02% | — |
| Moneyview Ltd. | Financial | 3.13% | ₹6.54 Cr | — | — | — |
| Prudent Corporate Advisory Services Ltd. | Financial | 3.10% | ₹6.50 Cr | +3.25% | +3.02% | — |
| Shriram Finance Ltd | Financial | 2.82% | ₹5.90 Cr | +4.16% | +3.87% | — |
| PNB Housing Finance Ltd. | Financial | 2.67% | ₹5.60 Cr | +3.92% | — | — |
| Karur Vysya Bank Ltd. | Financial | 2.48% | ₹5.20 Cr | — | +1.94% | — |
| OnEMI Technology Solutions Ltd. | Financial | 2.47% | ₹5.17 Cr | — | — | — |
| Indian Bank | Financial | 2.44% | ₹5.11 Cr | +0.44% | +1.42% | — |
| Axis Bank Ltd. | Financial | 2.36% | ₹4.93 Cr | +7.05% | +5.05% | — |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 2.28% | ₹4.77 Cr | +1.37% | +1.72% | — |
| BSE Ltd. | Services | 2.22% | ₹4.64 Cr | +2.93% | +1.62% | — |
| Pine Labs Ltd. | Financial | 2.22% | ₹4.64 Cr | +2.46% | — | — |
| The Jammu & Kashmir Bank Ltd. | Financial | 2.21% | ₹4.62 Cr | +1.62% | — | — |
| AU Small Finance Bank Ltd. | Financial | 2.17% | ₹4.55 Cr | +3.31% | +3.50% | — |
| Piramal Finance Ltd. | Financial | 1.95% | ₹4.09 Cr | — | — | — |
| Aditya Birla Capital Ltd. | Financial | 1.82% | ₹3.81 Cr | +3.07% | +2.93% | — |
| Billionbrains Garage Ventures Ltd. | Financial | 1.78% | ₹3.73 Cr | +3.73% | — | — |
| Central Depository Services (India) Ltd. | Financial | 1.51% | ₹3.16 Cr | — | — | — |
| SBI Funds Management Ltd. | Financial | 0.92% | ₹1.92 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| PB Fintech Ltd. | 3.65% | 0.00% | -3.65% |
| Others | 1.78% | 5.19% | +3.41% |
| Moneyview Ltd. | 0.00% | 3.13% | +3.13% |
| HDFC Bank Ltd. | 6.38% | 3.39% | -2.99% |
| ICICI Lombard General Insurance Company Ltd. | 0.00% | 2.28% | +2.28% |
| BSE Ltd. | 0.00% | 2.22% | +2.22% |
| L&T Finance Ltd. | 2.22% | 0.00% | -2.22% |
| Ujjivan Small Finance Bank Ltd. | 1.91% | 0.00% | -1.91% |
| The Federal Bank Ltd. | 1.65% | 0.00% | -1.65% |
| Muthoot Finance Ltd. | 1.65% | 3.14% | +1.49% |
| OnEMI Technology Solutions Ltd. | 0.99% | 2.47% | +1.48% |
| Billionbrains Garage Ventures Ltd. | 3.13% | 1.78% | -1.35% |
| Axis Bank Ltd. | 3.61% | 2.36% | -1.25% |
| Karur Vysya Bank Ltd. | 1.28% | 2.48% | +1.20% |
| PNB Housing Finance Ltd. | 3.83% | 2.67% | -1.16% |
| Shriram Finance Ltd | 3.91% | 2.82% | -1.09% |
| Kotak Mahindra Bank Ltd. | 2.79% | 3.86% | +1.07% |
| Aditya Birla Capital Ltd. | 2.83% | 1.82% | -1.01% |
| SBI Funds Management Ltd. | 1.86% | 0.92% | -0.94% |
| AU Small Finance Bank Ltd. | 3.06% | 2.17% | -0.89% |
| RBL Bank Ltd. | 2.63% | 3.37% | +0.74% |
| State Bank of India | 7.00% | 6.56% | -0.44% |
| Cholamandalam Investment and Finance Company Ltd. | 4.24% | 3.82% | -0.42% |
| Prudent Corporate Advisory Services Ltd. | 3.52% | 3.10% | -0.42% |
| ICICI Bank Ltd. | 6.71% | 6.31% | -0.40% |
| Indusind Bank Ltd. | 3.90% | 3.58% | -0.32% |
| Bajaj Finance Ltd. | 4.99% | 4.69% | -0.30% |
| Indian Bank | 2.63% | 2.44% | -0.19% |
| Piramal Finance Ltd. | 2.12% | 1.95% | -0.17% |
| Central Depository Services (India) Ltd. | 1.62% | 1.51% | -0.11% |
| The Jammu & Kashmir Bank Ltd. | 2.27% | 2.21% | -0.06% |
| One 97 Communications Ltd. | 3.84% | 3.89% | +0.05% |
| Pine Labs Ltd. | 2.27% | 2.22% | -0.05% |
| Multi Commodity Exchange Of India Ltd. | 5.73% | 5.75% | +0.02% |
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 | ₹2,911 Cr | 2.17% | 5.8% | 10.5% | 13.5% |
 SBI Banking & Financial Services Fund | ₹10,420 Cr | 2.16% | 5.4% | 10.2% | 13.6% |
 Invesco India Financial Services Fund | ₹1,810 Cr | 2.16% | 7.0% | 10.6% | 14.8% |
 UTI Banking and Financial Services Fund | ₹1,339 Cr | 2.37% | 8.7% | 9.5% | 12.2% |
 Quant BFSI Fund | ₹894 Cr | 3.36% | 7.0% | 12.3% | — |
 Kotak Nifty Financial Services Ex-Bank Index Fund | ₹91.11 Cr | 0.82% | 1.1% | 9.8% | — |
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 months10.71% absolute | ₹60,000 | ₹66,426 | 10.71% |
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.