Motilal Oswal Innovation Opportunities Fund
- NAV as on 24 Sep 2026
- ₹14.90-0.63%1 day
- Return since launch
- 29.1%
- 52-week range
- ₹10.67 — ₹15.05
- AUM
- ₹793 Cr
Motilal Oswal Innovation Opportunities Fund is a Thematic-Innovation equity fund from Motilal Oswal Mutual Fund with ₹793 Cr under management, launched in 2025. The expense ratio is 2.79% 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 +14.7% against +6.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 32.0% | +23.8 pts | 8.2% | 13.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 1.6% | +4.0 pts | -2.4% | -2.9% |
| 3M | 6.2% | +0.4 pts | 5.8% | 4.2% |
| 6M | 32.8% | +12.2 pts | 20.6% | 18.4% |
| 1Y | 14.7% | +6.5 pts | 8.2% | 6.6% |
Since launch (29 Jan 2025): 29.1%
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
2.53%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.97%
- Brokerage
- 0.09%
- Transaction charges
- 0.01%
- Statutory levies
- 0.46%
- 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 31 Aug 2026
Asset allocation
- Equity90.9%
- Other9.1%
Market cap split
- Large11.7%
- Mid17.7%
- Small70.6%
- P/E
- 40.35
- P/B
- 4.37
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 9.13% | ₹72.42 Cr | +11.48% | +25.44% | +12.41% |
| Coforge Ltd. | Technology | 5.83% | ₹46.25 Cr | +2.98% | +2.23% | +3.52% |
| company:12459 | Financial | 4.03% | ₹31.97 Cr | — | — | — |
| Dixon Technologies (India) Ltd. | Capital Goods | 4.01% | ₹31.84 Cr | +3.91% | +3.12% | +1.67% |
| Entero Healthcare Solutions Ltd. | Healthcare | 3.42% | ₹27.13 Cr | — | — | — |
| ABB India Ltd. | Capital Goods | 3.31% | ₹26.27 Cr | +3.13% | — | — |
| Interglobe Aviation Ltd. | Services | 3.29% | ₹26.10 Cr | +3.92% | +4.86% | +3.26% |
| UNO Minda Ltd. | Automobile | 3.25% | ₹25.78 Cr | +2.76% | +2.80% | +2.98% |
| company:9162 | Services | 3.17% | ₹25.15 Cr | — | — | — |
| Emmvee Photovoltaic Power Ltd. | Energy | 3.14% | ₹24.89 Cr | +5.91% | +4.52% | — |
| Global Health Ltd. | Healthcare | 3.14% | ₹24.89 Cr | +3.57% | +3.96% | +2.78% |
| Pine Labs Ltd. | Financial | 3.09% | ₹24.52 Cr | +2.23% | +2.44% | — |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 3.01% | ₹23.87 Cr | +4.84% | +4.58% | +3.19% |
| Amber Enterprises India Ltd. | Consumer Discretionary | 2.96% | ₹23.49 Cr | +2.97% | — | +3.70% |
| Le Travenues Technology Ltd. | Services | 2.90% | ₹22.98 Cr | +3.38% | +2.89% | — |
| company:6953 | Financial | 2.89% | ₹22.90 Cr | — | — | — |
| Ola Electric Mobility Ltd. | Automobile | 2.87% | ₹22.75 Cr | +2.56% | — | — |
| Max Healthcare Institute Ltd. | Healthcare | 2.86% | ₹22.64 Cr | — | — | — |
| Allied Blenders And Distillers Ltd. | Consumer Staples | 2.76% | ₹21.88 Cr | +3.41% | +2.85% | — |
| Eris Lifesciences Ltd. | Healthcare | 2.68% | ₹21.29 Cr | +3.03% | — | — |
| PG Electroplast Ltd. | Capital Goods | 2.58% | ₹20.45 Cr | +3.03% | +4.23% | +2.40% |
| company:7851 | Financial | 2.54% | ₹20.13 Cr | — | — | — |
| JM Financial Ltd. | Financial | 2.51% | ₹19.90 Cr | +3.51% | +4.09% | +4.24% |
| Fractal Analytics Ltd. | Technology | 2.43% | ₹19.28 Cr | +2.15% | +0.88% | — |
| Aditya Vision Ltd. | Services | 2.36% | ₹18.68 Cr | +2.97% | +2.80% | +2.46% |
| Clean Science And Technology Ltd. | Chemicals | 2.31% | ₹18.31 Cr | +3.16% | +2.83% | +3.00% |
| TD Power Systems Ltd. | Capital Goods | 2.30% | ₹18.24 Cr | — | — | — |
| Chalet Hotels Ltd. | Services | 2.29% | ₹18.17 Cr | +2.81% | +3.12% | +5.65% |
| Tanfac Industries Ltd. | Chemicals | 2.26% | ₹17.93 Cr | — | — | — |
| company:243 | Technology | 1.80% | ₹14.28 Cr | — | — | — |
| company:20770 | Capital Goods | 1.71% | ₹13.54 Cr | — | — | — |
| company:20708 | Capital Goods | 1.60% | ₹12.72 Cr | — | — | — |
| company:7684 | Chemicals | 0.94% | ₹7.45 Cr | — | — | — |
| company:20835 | Capital Goods | 0.63% | ₹4.99 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 2.49% | -0.37% | -2.86% |
| company:20770 | 0.00% | 1.71% | +1.71% |
| Entero Healthcare Solutions Ltd. | 1.99% | 3.42% | +1.43% |
| Le Travenues Technology Ltd. | 3.99% | 2.90% | -1.09% |
| company:12459 | 3.00% | 4.03% | +1.03% |
| company:7684 | 0.00% | 0.94% | +0.94% |
| company:20835 | 0.00% | 0.63% | +0.63% |
| company:7851 | 1.95% | 2.54% | +0.59% |
| PG Electroplast Ltd. | 3.10% | 2.58% | -0.52% |
| Aditya Vision Ltd. | 2.85% | 2.36% | -0.49% |
| Interglobe Aviation Ltd. | 3.70% | 3.29% | -0.41% |
| Eris Lifesciences Ltd. | 3.08% | 2.68% | -0.40% |
| TD Power Systems Ltd. | 1.90% | 2.30% | +0.40% |
| Emmvee Photovoltaic Power Ltd. | 3.52% | 3.14% | -0.38% |
| Dixon Technologies (India) Ltd. | 4.32% | 4.01% | -0.31% |
| Amber Enterprises India Ltd. | 3.26% | 2.96% | -0.30% |
| Allied Blenders And Distillers Ltd. | 3.04% | 2.76% | -0.28% |
| GNG Electronics Ltd. | 0.28% | 0.00% | -0.28% |
| ABB India Ltd. | 3.59% | 3.31% | -0.28% |
| Global Health Ltd. | 3.39% | 3.14% | -0.25% |
| Max Healthcare Institute Ltd. | 3.10% | 2.86% | -0.24% |
| Tanfac Industries Ltd. | 2.49% | 2.26% | -0.23% |
| CG Power and Industrial Solutions Ltd. | 3.23% | 3.01% | -0.22% |
| JM Financial Ltd. | 2.72% | 2.51% | -0.21% |
| company:9162 | 3.37% | 3.17% | -0.20% |
| Fractal Analytics Ltd. | 2.63% | 2.43% | -0.20% |
| UNO Minda Ltd. | 3.42% | 3.25% | -0.17% |
| company:243 | 1.97% | 1.80% | -0.17% |
| company:927 | 0.16% | 0.00% | -0.16% |
| company:20708 | 1.74% | 1.60% | -0.14% |
| company:6953 | 3.01% | 2.89% | -0.12% |
| Pine Labs Ltd. | 2.98% | 3.09% | +0.11% |
| Ola Electric Mobility Ltd. | 2.97% | 2.87% | -0.10% |
| Coforge Ltd. | 5.75% | 5.83% | +0.08% |
| Chalet Hotels Ltd. | 2.34% | 2.29% | -0.05% |
| Clean Science And Technology Ltd. | 2.34% | 2.31% | -0.03% |
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 | ₹3,622 Cr | 2.16% | 16.4% | 12.4% | 16.5% |
 ICICI Prudential Innovation Fund | ₹8,012 Cr | 2.18% | 4.2% | 9.2% | — |
 Kotak Pioneer Fund | ₹4,281 Cr | 1.91% | 19.3% | 15.0% | 17.6% |
 Nippon India Innovation Fund | ₹3,108 Cr | 2.07% | 7.0% | 7.4% | — |
 Axis Innovation Fund | ₹1,363 Cr | 2.28% | 27.4% | 15.6% | 15.4% |
 Union Innovation & Opportunities Fund | ₹1,344 Cr | 2.36% | 24.0% | 14.9% | — |
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 months32.78% absolute | ₹60,000 | ₹79,668 | 32.78% | |
| 1 year14.71% annualised | ₹1,20,000 | ₹1,30,005 | 8.34% |
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.