Motilal Oswal Nifty MidSmall IT and Telecom Index Fund
- NAV as on 25 Sep 2026
- ₹9.19+0.01%1 day
- Return since launch
- -6.3%
- 52-week range
- ₹7.48 — ₹10.17
- AUM
- ₹53.64 Cr
Motilal Oswal Nifty MidSmall IT and Telecom Index Fund is a Sectoral-Technology equity fund from Motilal Oswal Mutual Fund with ₹53.64 Cr under management, launched in 2024. The expense ratio is 1.37% and the SEBI riskometer reading is Very High.
Performance
Motilal Oswal Nifty MidSmall IT and Telecom Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +3.6% against -9.9% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.1% | +12.1 pts | -8.1% | -9.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -5.5% | −0.2 pts | -5.3% | -5.3% |
| 3M | 3.5% | −2.3 pts | 5.8% | 6.3% |
| 6M | 19.6% | +11.9 pts | 7.8% | 5.2% |
| 1Y | 3.6% | +11.7 pts | -8.1% | -9.7% |
Since launch (29 Oct 2024): -6.3%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -9.2% | −4.0 pts | -5.2% |
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
1.33%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.90%
- Brokerage
- 0.05%
- Transaction charges
- 0.01%
- Statutory levies
- 0.37%
- 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 IT and Telecom 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 IT and Telecom Index Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity100.9%
Market cap split
- Large20.3%
- Mid53.1%
- Small26.6%
- P/E
- 15.17
- P/B
- 9.12
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Coforge Ltd. | Technology | 15.83% | ₹8.49 Cr | +12.11% | +11.14% | +14.90% |
| Persistent Systems Ltd. | Technology | 13.93% | ₹7.47 Cr | +13.84% | +14.45% | +14.84% |
| Indus Towers Ltd. | Communication | 11.48% | ₹6.16 Cr | +14.01% | +16.52% | +11.68% |
| Vodafone Idea Ltd. | Communication | 9.04% | ₹4.85 Cr | +9.46% | +8.20% | +4.67% |
| Mphasis Ltd. | Technology | 7.36% | ₹3.95 Cr | +7.36% | +7.35% | +8.28% |
| Oracle Financial Services Software Ltd. | Technology | 6.85% | ₹3.68 Cr | +5.81% | +4.63% | +5.10% |
| HFCL Ltd. | Communication | 5.85% | ₹3.14 Cr | +4.50% | +2.06% | +1.74% |
| Tata Communications Ltd. | Communication | 4.64% | ₹2.49 Cr | +5.65% | +5.26% | +4.71% |
| Tata Technologies Ltd | Services | 3.27% | ₹1.75 Cr | +2.97% | +2.82% | +2.63% |
| Tata Elxsi Ltd. | Technology | 2.82% | ₹1.51 Cr | +3.61% | +4.36% | +4.72% |
| Bharti Hexacom Ltd. | Communication | 2.66% | ₹1.43 Cr | +2.75% | +3.39% | +3.48% |
| Sagility Ltd. | Services | 2.48% | ₹1.33 Cr | +2.31% | — | — |
| Affle 3I Ltd. | Technology | 2.32% | ₹1.24 Cr | +2.27% | +2.45% | +3.14% |
| L&T Technology Services Ltd. | Technology | 2.28% | ₹1.22 Cr | +2.32% | +2.71% | +3.00% |
| KPIT Technologies Ltd. | Technology | 2.20% | ₹1.18 Cr | +3.10% | +3.54% | +5.04% |
| Cyient Ltd. | Technology | 2.11% | ₹1.13 Cr | +1.88% | +2.17% | +2.56% |
| Hexaware Technologies Ltd. | Technology | 1.89% | ₹1.01 Cr | +1.84% | +1.97% | — |
| Intellect Design Arena Ltd. | Technology | 1.41% | ₹0.75 Cr | +1.53% | +1.75% | +2.30% |
| Sonata Software Ltd. | Technology | 1.30% | ₹0.70 Cr | +1.26% | +1.46% | +1.78% |
| Zensar Technologies Ltd. | Technology | 1.20% | ₹0.64 Cr | +1.38% | +1.82% | +2.29% |
| Others | Others | -0.92% | ₹-0.50 Cr | -0.48% | +6.68% | +0.78% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Coforge Ltd. | 14.56% | 15.83% | +1.27% |
| HFCL Ltd. | 4.80% | 5.85% | +1.05% |
| Indus Towers Ltd. | 12.25% | 11.48% | -0.77% |
| Persistent Systems Ltd. | 14.66% | 13.93% | -0.73% |
| Others | -1.72% | -2.22% | -0.50% |
| Tata Communications Ltd. | 5.02% | 4.64% | -0.38% |
| Oracle Financial Services Software Ltd. | 6.48% | 6.85% | +0.37% |
| Cyient Ltd. | 1.75% | 2.11% | +0.36% |
| Vodafone Idea Ltd. | 8.71% | 9.04% | +0.33% |
| Bharti Hexacom Ltd. | 2.94% | 2.66% | -0.28% |
| Tata Elxsi Ltd. | 3.07% | 2.82% | -0.25% |
| Sonata Software Ltd. | 1.52% | 1.30% | -0.22% |
| Zensar Technologies Ltd. | 1.41% | 1.20% | -0.21% |
| KPIT Technologies Ltd. | 2.39% | 2.20% | -0.19% |
| Mphasis Ltd. | 7.54% | 7.36% | -0.18% |
| Intellect Design Arena Ltd. | 1.58% | 1.41% | -0.17% |
| Tata Technologies Ltd | 3.12% | 3.27% | +0.15% |
| Hexaware Technologies Ltd. | 2.03% | 1.89% | -0.14% |
| Affle 3I Ltd. | 2.44% | 2.32% | -0.12% |
| L&T Technology Services Ltd. | 2.38% | 2.28% | -0.10% |
| Sagility Ltd. | 2.43% | 2.48% | +0.05% |
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 | ₹4,302 Cr | 1.73% | -8.9% | -3.0% | 4.3% |
 ICICI Prudential Technology Fund | ₹13,661 Cr | 1.87% | -10.1% | -4.4% | 2.0% |
 SBI Technology Opportunities Fund | ₹4,488 Cr | 2.00% | -6.8% | -0.8% | 5.1% |
 Franklin India Technology Fund | ₹1,759 Cr | 2.15% | -9.8% | -3.2% | 5.9% |
 HDFC Technology Fund | ₹1,484 Cr | 2.16% | -12.9% | -6.0% | — |
 Tata Nifty India Digital ETF FoF | ₹117 Cr | 0.48% | -4.8% | -0.5% | — |
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 IT and Telecom 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 months19.62% absolute | ₹60,000 | ₹71,772 | 19.62% | |
| 1 year3.60% annualised | ₹1,20,000 | ₹1,22,366 | 1.97% |
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.