Motilal Oswal Nifty MidSmall India Consumption Index Fund
- NAV as on 6 Nov 2026
- ₹9.54+0.24%1 day
- Return since launch
- -3.7%
- 52-week range
- ₹8.27 — ₹10.33
- AUM
- ₹22.55 Cr
Motilal Oswal Nifty MidSmall India Consumption Index Fund is a Thematic-Consumption equity fund from Motilal Oswal Mutual Fund with ₹22.55 Cr under management, launched in 2024. The expense ratio is 1.22% and the SEBI riskometer reading is Very High.
Performance
Motilal Oswal Nifty MidSmall India Consumption Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -5.8% against -3.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 1.1% | +1.8 pts | -0.7% | 4.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 3.9% | −1.6 pts | 5.5% | 6.4% |
| 3M | -3.8% | −2.3 pts | -1.5% | -2.8% |
| 6M | 0.7% | −4.1 pts | 4.8% | 4.5% |
| 1Y | -5.8% | −5.1 pts | -0.7% | -2.8% |
Since launch (29 Oct 2024): -3.7%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -8.7% | −10.8 pts | 2.0% |
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
1.20%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.90%
- Brokerage
- 0.03%
- Transaction charges
- 0.00%
- Statutory levies
- 0.27%
- Exit load
- Exit load of 1%, if redeemed within 15 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty MidSmall India Consumption 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 Nifty MidSmall India Consumption Index Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity100.5%
Market cap split
- Mid96.8%
- Small3.2%
- P/E
- 42.42
- P/B
- 5.84
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Hero Motocorp Ltd. | Automobile | 7.03% | ₹1.59 Cr | +6.99% | +8.48% | +8.35% |
| The Indian Hotels Company Ltd. | Services | 6.61% | ₹1.49 Cr | — | — | — |
| Dixon Technologies (India) Ltd. | Capital Goods | 5.64% | ₹1.27 Cr | +5.56% | +5.15% | +7.74% |
| Lenskart Solutions Ltd. | Consumer Discretionary | 5.19% | ₹1.17 Cr | — | — | — |
| Info Edge (India) Ltd. | Services | 4.89% | ₹1.10 Cr | +4.21% | +4.77% | — |
| FSN E-Commerce Ventures Ltd. | Services | 4.53% | ₹1.02 Cr | +4.78% | +4.15% | +3.67% |
| Marico Ltd. | Consumer Staples | 4.31% | ₹0.97 Cr | +4.97% | +5.03% | +4.34% |
| Fortis Healthcare Ltd. | Healthcare | 4.15% | ₹0.94 Cr | +5.60% | +5.35% | +5.94% |
| United Spirits Ltd. | Consumer Staples | 4.14% | ₹0.93 Cr | — | — | — |
| Swiggy Ltd. | Services | 3.88% | ₹0.88 Cr | +3.82% | +4.61% | +4.23% |
| The Phoenix Mills Ltd. | Construction | 3.74% | ₹0.84 Cr | +4.09% | +3.63% | +3.41% |
| Radico Khaitan Ltd. | Consumer Staples | 3.54% | ₹0.80 Cr | +3.47% | +2.66% | +2.62% |
| Lodha Developers Ltd. | Construction | 3.49% | ₹0.79 Cr | — | — | — |
| Alkem Laboratories Ltd. | Healthcare | 3.22% | ₹0.73 Cr | +3.66% | +4.00% | +3.57% |
| Mankind Pharma Ltd. | Healthcare | 2.93% | ₹0.66 Cr | +3.24% | +2.93% | +3.24% |
| Vishal Mega Mart Ltd. | Services | 2.93% | ₹0.66 Cr | +3.69% | +2.89% | +3.67% |
| Havells India Ltd. | Capital Goods | 2.65% | ₹0.60 Cr | +3.28% | +3.88% | — |
| Prestige Estates Projects Ltd. | Construction | 2.58% | ₹0.58 Cr | +2.97% | +2.45% | +3.00% |
| Voltas Ltd. | Consumer Discretionary | 2.52% | ₹0.57 Cr | +3.27% | +3.74% | +3.62% |
| Torrent Power Ltd. | Energy | 2.45% | ₹0.55 Cr | +3.02% | +3.20% | +2.73% |
| Colgate-Palmolive (India) Ltd. | Consumer Staples | 2.40% | ₹0.54 Cr | +2.96% | +3.04% | +3.38% |
| Page Industries Ltd. | Textiles | 2.37% | ₹0.53 Cr | +2.93% | +2.59% | +3.01% |
| Dabur India Ltd. | Consumer Staples | 2.32% | ₹0.52 Cr | +2.80% | +3.13% | +3.41% |
| Godrej Properties Ltd. | Construction | 2.28% | ₹0.51 Cr | +2.84% | +2.83% | +3.42% |
| Oberoi Realty Ltd. | Construction | 2.15% | ₹0.48 Cr | +2.34% | +2.16% | +2.15% |
| Blue Star Ltd. | Consumer Discretionary | 2.04% | ₹0.46 Cr | +2.37% | +2.70% | +2.87% |
| ITC Hotels Ltd. | Services | 1.90% | ₹0.43 Cr | +2.27% | +1.99% | — |
| Jubilant FoodWorks Ltd. | Services | 1.85% | ₹0.42 Cr | +1.84% | +2.19% | +2.83% |
| Indian Railway Catering And Tourism Corporation Ltd. | Services | 1.42% | ₹0.32 Cr | +1.70% | +1.93% | +2.44% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 1.39% | ₹0.31 Cr | +1.98% | +1.85% | +2.16% |
| Others | Others | -0.54% | ₹-0.12 Cr | +1.49% | -0.02% | +3.70% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| The Indian Hotels Company Ltd. | 0.00% | 6.61% | +6.61% |
| Lenskart Solutions Ltd. | 0.00% | 5.19% | +5.19% |
| Vodafone Idea Ltd. | 4.25% | 0.00% | -4.25% |
| United Spirits Ltd. | 0.00% | 4.14% | +4.14% |
| Lodha Developers Ltd. | 0.00% | 3.49% | +3.49% |
| Kalyan Jewellers India Ltd. | 2.49% | 0.00% | -2.49% |
| Others | 0.38% | -1.29% | -1.67% |
| Abbott India Ltd. | 1.46% | 0.00% | -1.46% |
| Patanjali Foods Ltd. | 1.29% | 0.00% | -1.29% |
| Dixon Technologies (India) Ltd. | 6.64% | 5.64% | -1.00% |
| Fortis Healthcare Ltd. | 5.10% | 4.15% | -0.95% |
| Havells India Ltd. | 3.38% | 2.65% | -0.73% |
| Godrej Properties Ltd. | 2.94% | 2.28% | -0.66% |
| FSN E-Commerce Ventures Ltd. | 5.16% | 4.53% | -0.63% |
| Hero Motocorp Ltd. | 7.63% | 7.03% | -0.60% |
| Info Edge (India) Ltd. | 5.44% | 4.89% | -0.55% |
| Swiggy Ltd. | 4.31% | 3.88% | -0.43% |
| Voltas Ltd. | 2.94% | 2.52% | -0.42% |
| Vishal Mega Mart Ltd. | 3.33% | 2.93% | -0.40% |
| Prestige Estates Projects Ltd. | 2.97% | 2.58% | -0.39% |
| Marico Ltd. | 4.68% | 4.31% | -0.37% |
| Colgate-Palmolive (India) Ltd. | 2.70% | 2.40% | -0.30% |
| Radico Khaitan Ltd. | 3.79% | 3.54% | -0.25% |
| Crompton Greaves Consumer Electricals Ltd. | 1.63% | 1.39% | -0.24% |
| Jubilant FoodWorks Ltd. | 2.09% | 1.85% | -0.24% |
| Oberoi Realty Ltd. | 2.37% | 2.15% | -0.22% |
| Indian Railway Catering And Tourism Corporation Ltd. | 1.57% | 1.42% | -0.15% |
| Alkem Laboratories Ltd. | 3.36% | 3.22% | -0.14% |
| Dabur India Ltd. | 2.43% | 2.32% | -0.11% |
| The Phoenix Mills Ltd. | 3.82% | 3.74% | -0.08% |
| Page Industries Ltd. | 2.43% | 2.37% | -0.06% |
| Torrent Power Ltd. | 2.49% | 2.45% | -0.04% |
| ITC Hotels Ltd. | 1.93% | 1.90% | -0.03% |
| Mankind Pharma Ltd. | 2.95% | 2.93% | -0.02% |
| Blue Star Ltd. | 2.05% | 2.04% | -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 | ₹2,285 Cr | 2.19% | 9.7% | 5.8% | 10.2% |
 Mirae Asset Great Consumer Fund | ₹4,455 Cr | 2.06% | 8.3% | 4.4% | 10.0% |
 Tata India Consumer Fund | ₹2,723 Cr | 2.12% | 14.7% | 8.5% | 12.9% |
 Canara Robeco Consumption Fund | ₹1,872 Cr | 2.15% | 8.4% | 4.5% | 9.6% |
 HSBC Consumption Fund | ₹1,698 Cr | 2.19% | 11.7% | 7.7% | — |
 UTI India Consumer Fund | ₹678 Cr | 2.43% | 5.6% | 3.8% | 8.1% |
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 Nifty MidSmall India Consumption Total Return 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 months0.66% absolute | ₹60,000 | ₹60,396 | 0.66% | |
| 1 year−5.78% annualised | ₹1,20,000 | ₹1,16,309 | −3.08% |
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.