Motilal Oswal Innovation Opportunities Fund
- NAV as on 9 Nov 2026
- ₹14.05+0.45%1 day
- Return since launch
- 21.7%
- 52-week range
- ₹10.67 — ₹15.05
- AUM
- ₹856 Cr
Motilal Oswal Innovation Opportunities Fund is a Thematic-Innovation equity fund from Motilal Oswal Mutual Fund with ₹856 Cr under management, launched in 2025. The expense ratio is 2.59% and the SEBI riskometer reading is Very High.
Performance
Motilal Oswal Innovation Opportunities Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +7.8% against +6.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 15.8% | +8.3 pts | 7.5% | 13.5% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.4% | −3.8 pts | 1.4% | 3.4% |
| 3M | -2.8% | −2.0 pts | -0.8% | -1.7% |
| 6M | 8.0% | 0.0 pts | 8.0% | 7.6% |
| 1Y | 7.8% | +0.3 pts | 7.5% | 6.3% |
Since launch (29 Jan 2025): 21.7%
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
2.61%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.96%
- Brokerage
- 0.12%
- Transaction charges
- 0.01%
- Statutory levies
- 0.52%
- Exit load
- Exit load of 1%, if redeemed within 3 months.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 500 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 Innovation Opportunities Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity93.8%
- Other6.2%
Market cap split
- Large14.9%
- Mid15.8%
- Small69.3%
- P/E
- 46.78
- P/B
- 5.16
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 6.23% | ₹53.43 Cr | +9.67% | +12.46% | +6.63% |
| Coforge Ltd. | Technology | 4.76% | ₹40.75 Cr | +2.68% | +2.98% | +3.17% |
| ESDS Software Solution Ltd. | Technology | 4.58% | ₹39.25 Cr | — | — | — |
| RBL Bank Ltd. | Financial | 4.15% | ₹35.55 Cr | — | — | — |
| Interglobe Aviation Ltd. | Services | 4.08% | ₹34.92 Cr | +4.17% | +4.25% | +2.96% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 4.02% | ₹34.38 Cr | +3.87% | +4.51% | +3.01% |
| Syrma SGS Technology Ltd. | Capital Goods | 3.98% | ₹34.08 Cr | +3.89% | +3.62% | +5.26% |
| Allied Blenders And Distillers Ltd. | Consumer Staples | 3.52% | ₹30.11 Cr | +3.56% | +3.00% | — |
| Max Healthcare Institute Ltd. | Healthcare | 3.49% | ₹29.91 Cr | +1.97% | — | — |
| Emmvee Photovoltaic Power Ltd. | Energy | 3.35% | ₹28.67 Cr | +5.33% | +5.31% | — |
| Dixon Technologies (India) Ltd. | Capital Goods | 3.28% | ₹28.08 Cr | +3.54% | +3.46% | +2.41% |
| UNO Minda Ltd. | Automobile | 3.26% | ₹27.93 Cr | +2.39% | +2.99% | +3.06% |
| Entero Healthcare Solutions Ltd. | Healthcare | 3.18% | ₹27.20 Cr | +0.40% | — | — |
| Solar Industries India Ltd. | Chemicals | 3.15% | ₹26.95 Cr | — | — | — |
| Amber Enterprises India Ltd. | Consumer Discretionary | 3.10% | ₹26.58 Cr | +2.57% | — | +3.41% |
| Global Health Ltd. | Healthcare | 3.07% | ₹26.28 Cr | +3.44% | +3.68% | +3.06% |
| Le Travenues Technology Ltd. | Services | 3.06% | ₹26.23 Cr | +4.04% | +3.92% | — |
| Garware Hi-Tech Films Ltd. | Materials | 3.04% | ₹25.99 Cr | — | — | — |
| Pine Labs Ltd. | Financial | 3.00% | ₹25.69 Cr | +2.28% | +3.07% | — |
| eClerx Services Ltd. | Services | 2.99% | ₹25.60 Cr | — | — | — |
| ABB India Ltd. | Capital Goods | 2.72% | ₹23.31 Cr | +2.66% | — | — |
| PNB Housing Finance Ltd. | Financial | 2.61% | ₹22.33 Cr | — | — | — |
| Ola Electric Mobility Ltd. | Automobile | 2.39% | ₹20.42 Cr | +2.60% | — | — |
| Eris Lifesciences Ltd. | Healthcare | 2.28% | ₹19.56 Cr | +2.72% | +0.39% | — |
| Aditya Vision Ltd. | Services | 2.16% | ₹18.49 Cr | +3.19% | +3.38% | +3.24% |
| Tanfac Industries Ltd. | Chemicals | 2.16% | ₹18.51 Cr | +1.95% | — | — |
| TD Power Systems Ltd. | Capital Goods | 2.15% | ₹18.45 Cr | +1.84% | — | — |
| PG Electroplast Ltd. | Capital Goods | 2.03% | ₹17.37 Cr | +2.93% | +3.66% | +2.61% |
| Chalet Hotels Ltd. | Services | 1.98% | ₹16.99 Cr | +2.55% | +2.97% | +4.40% |
| Fractal Analytics Ltd. | Technology | 1.96% | ₹16.74 Cr | +1.88% | +1.34% | — |
| Hexaware Technologies Ltd. | Technology | 1.49% | ₹12.72 Cr | — | — | — |
| Laser Power & Infra Ltd. | Capital Goods | 1.25% | ₹10.68 Cr | — | — | — |
| Dhoot Transmission Ltd. | Capital Goods | 0.80% | ₹6.84 Cr | — | — | — |
| Lumino Industries Ltd. | Capital Goods | 0.73% | ₹6.23 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| ESDS Software Solution Ltd. | 0.00% | 4.58% | +4.58% |
| Syrma SGS Technology Ltd. | 0.00% | 3.98% | +3.98% |
| Garware Hi-Tech Films Ltd. | 0.00% | 3.04% | +3.04% |
| Aadhar Housing Finance Ltd | 2.54% | 0.00% | -2.54% |
| JM Financial Ltd. | 2.51% | 0.00% | -2.51% |
| Clean Science And Technology Ltd. | 2.31% | 0.00% | -2.31% |
| Solar Industries India Ltd. | 0.94% | 3.15% | +2.21% |
| Others | -0.37% | 0.85% | +1.22% |
| Coforge Ltd. | 5.83% | 4.76% | -1.07% |
| CG Power and Industrial Solutions Ltd. | 3.01% | 4.02% | +1.01% |
| Dhoot Transmission Ltd. | 1.71% | 0.80% | -0.91% |
| Interglobe Aviation Ltd. | 3.29% | 4.08% | +0.79% |
| Allied Blenders And Distillers Ltd. | 2.76% | 3.52% | +0.76% |
| Dixon Technologies (India) Ltd. | 4.01% | 3.28% | -0.73% |
| Max Healthcare Institute Ltd. | 2.86% | 3.49% | +0.63% |
| ABB India Ltd. | 3.31% | 2.72% | -0.59% |
| PG Electroplast Ltd. | 2.58% | 2.03% | -0.55% |
| Ola Electric Mobility Ltd. | 2.87% | 2.39% | -0.48% |
| Fractal Analytics Ltd. | 2.43% | 1.96% | -0.47% |
| Eris Lifesciences Ltd. | 2.68% | 2.28% | -0.40% |
| Laser Power & Infra Ltd. | 1.60% | 1.25% | -0.35% |
| Chalet Hotels Ltd. | 2.29% | 1.98% | -0.31% |
| Hexaware Technologies Ltd. | 1.80% | 1.49% | -0.31% |
| PNB Housing Finance Ltd. | 2.89% | 2.61% | -0.28% |
| Entero Healthcare Solutions Ltd. | 3.42% | 3.18% | -0.24% |
| Emmvee Photovoltaic Power Ltd. | 3.14% | 3.35% | +0.21% |
| Aditya Vision Ltd. | 2.36% | 2.16% | -0.20% |
| eClerx Services Ltd. | 3.17% | 2.99% | -0.18% |
| Le Travenues Technology Ltd. | 2.90% | 3.06% | +0.16% |
| TD Power Systems Ltd. | 2.30% | 2.15% | -0.15% |
| Amber Enterprises India Ltd. | 2.96% | 3.10% | +0.14% |
| RBL Bank Ltd. | 4.03% | 4.15% | +0.12% |
| Lumino Industries Ltd. | 0.63% | 0.73% | +0.10% |
| Tanfac Industries Ltd. | 2.26% | 2.16% | -0.10% |
| Pine Labs Ltd. | 3.09% | 3.00% | -0.09% |
| Global Health Ltd. | 3.14% | 3.07% | -0.07% |
| UNO Minda Ltd. | 3.25% | 3.26% | +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 | ₹3,484 Cr | 2.15% | 13.0% | 10.3% | 15.0% |
 ICICI Prudential Innovation Fund | ₹7,549 Cr | 2.16% | 4.4% | 7.6% | — |
 Kotak Pioneer Fund | ₹4,295 Cr | 1.90% | 11.9% | 11.7% | 15.7% |
 Nippon India Innovation Fund | ₹2,923 Cr | 2.10% | 4.8% | 5.4% | — |
 Axis Innovation Fund | ₹1,345 Cr | 2.27% | 21.9% | 13.3% | 14.3% |
 Union Innovation & Opportunities Fund | ₹1,307 Cr | 2.31% | 22.2% | 13.6% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies that will benefit from the adoption of innovative strategies or following the innovation theme.
Fund managers
- 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
- 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.
- Varun SharmaMr. Sharma is a Bachelor in Business Studies from Sukhdev College of Business Studies, University of Delhi and holds a Post Graduate Diploma in Management from IIM - Calcutta.Prior to joining Motilal Oswal Asset management, he has worked with Franklin Templeton Asset Management (India) Pvt. Ltd. ICICI Securities (Feb 2010 - August 2014) as an Equity research Analyst and Credit Analysis and Research Limited (Apr 2009 - Feb 2010) as a Ratings Analyst.
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 months8.96% absolute | ₹60,000 | ₹65,376 | 8.96% | |
| 1 year7.96% annualised | ₹1,20,000 | ₹1,25,302 | 4.42% |
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.