📊 Mid Cap Fund · Deep Analysis

Motilal Oswal Large and Midcap FundGrowth

Motilal Oswal Mutual Fund · Direct Growth · SEBI Category: Mid Cap

Current NAV ₹38.7151 (+0.79% today) As of 04 Jun 2026
1 Year Return +5.2%
3 Year CAGR +25.2% p.a.
5 Year CAGR +21.3% p.a.
AAUM ₹14.7K Cr Jan–Mar 2026
All data from RightAdvise DB — calculated from 1,632 daily NAV records
Fund Overview

Motilal Oswal Large and Midcap FundGrowth — Quick Summary

Motilal Oswal Large and Midcap Fund applies Motilal Oswal AMC's distinctive QGLP (Quality, Growth, Longevity, Price) investment framework to the large and mid cap segment. The fund seeks companies with exceptional management quality, high earnings growth visibility, long-term business durability and reasonable valuations. This results in a focused portfolio of typically 25 to 35 stocks — concentrated compared to most large and midcap peers.

Motilal Oswal's investment team is known for their buy right, sit tight philosophy — holding high-quality growth companies for long periods without frequent churning. The fund's QGLP framework has been applied consistently across all Motilal Oswal equity funds, providing a clear and transparent investment philosophy.

Fund House
Motilal Oswal Mutual Fund
SEBI Category
Mid Cap
Benchmark
NIFTY Large Midcap 250 TRI
Fund Manager
Niket Shah, Ankush Sood
AMFI Code
147704
Risk Level
Very High
NAV Records in DB
1,632 days
Quarterly Average AUM · Jan–Mar 2026
₹14.7K Cr
↓ Decreased by 0.6% vs Oct–Dec 2025 · ₹14.8K Cr
Official quarterly average AUM from AMFI disclosure. Published every 3 months.
📊
✓ Suitable For
Best suited for growth-oriented investors with a 7+ year horizon who want concentrated exposure to high-quality large and mid cap businesses selected through Motilal Oswal's QGLP framework.
The fund's key differentiators are Motilal Oswal's consistently applied QGLP framework, a concentrated high-conviction portfolio approach, very short exit load period (only 15 days), and strong long-term performance. For investors who specifically want concentrated quality-growth exposure in the large and mid cap segment, Motilal Oswal Large and Midcap is a compelling choice.
✗ Not Suitable For
Investors wanting a broad, diversified portfolio — Motilal Oswal runs concentrated, high-conviction portfolios that can look very different from peers. Those uncomfortable with significant benchmark deviation. Investors with short horizons who cannot wait for high-conviction bets to play out over full market cycles.
Who Runs This Fund

Fund Manager

NS
Niket Shah, Ankush Sood
Motilal Oswal Mutual Fund · Managing since 2020

Niket Shah and Ankush Sood co-manage the Motilal Oswal Large and Midcap Fund. Niket Shah is a senior fund manager at Motilal Oswal AMC known for high-conviction, concentrated stock picking using the QGLP framework — Quality, Growth, Longevity and Price. The fund reflects Motilal Oswal's signature style of running focused, differentiated portfolios rather than diversified, benchmark-hugging ones.

For current co-manager details and full biography, refer to the latest Motilal Oswal Mutual Fund factsheet on AMFI or the AMC website.

What to Factor In

Things to Consider

Informational points to help you form your own view — not judgements or recommendations.

AMFI Code · Informational
AMFI Scheme Code: 147704
The official AMFI scheme code for Motilal Oswal Large and Midcap FundGrowth Direct Growth is 147704. Use this when transacting on platforms or verifying data across databases.
Important Note
Points Worth Knowing
Motilal Oswal AMC is known for running highly concentrated, differentiated portfolios using the QGLP framework. This means the fund can significantly underperform benchmarks for extended periods when its high-conviction bets are out of favour. The approach rewards patient investors but can test conviction severely during underperformance phases.
Investment Objective
As per Scheme Information Document
To achieve long term capital appreciation by primarily investing in a diversified portfolio of equity and equity related instruments of large and mid cap companies.
All Data Below — From RightAdvise Database
Category Comparison

Top 5 Large & Mid Cap Funds Compared

Live data. Current fund highlighted. Click any fund name for full analysis.

FundNAVAAUM1Y Return 3Y CAGR 5Y CAGR Sharpe (3Y)
Motilal Oswal Large and Midcap Fund ▲ ₹38.72 ₹14.7K Cr Jan–Mar 2026 +5.2% +25.2% p.a. +21.3% p.a. 1.13
ICICI Prudential Large and Mid Cap Fund ₹1,111.18 ₹27.5K Cr Jan–Mar 2026 +1.1% +18.4% p.a. +18.5% p.a. 1.06
HDFC Large and Mid Cap Fund ₹349.91 ₹27.6K Cr Jan–Mar 2026 +0.5% +17.1% p.a. +16.6% p.a. 0.83
Bandhan Large and Mid Cap Fund ₹160.76 ₹14.1K Cr Jan–Mar 2026 +6.1% +22.7% p.a. +18.8% p.a. 1.23
UTI Large and Mid Cap Fund ₹192.42 ₹4.7K Cr Jan–Mar 2026 +3.1% +19.5% p.a. +16.4% p.a. 1.07
Best value in each column shown in green. AAUM from latest AMFI quarterly filing. Returns calculated from daily NAV history.
Performance

Fund Returns

Calculated from 1,632 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.

1M / 3M / 6M / 1Y — simple point-to-point return  ·  3Y / 5Y / 10Y — CAGR (compounded annual growth rate)

1 MonthPoint-to-point
+1.3%
3 MonthPoint-to-point
+9.7%
6 MonthPoint-to-point
+2.0%
1 YearPoint-to-point
+5.2%
3 YearCAGR
+25.2% p.a.
5 YearCAGR
+21.3% p.a.
₹1 Lakh → 5YLump sum growth
₹259,873

Best & Worst Periods Ever

Based on all rolling windows in full NAV history. Dates show the start and end of each period.

Best 1Y WindowSimple return
+89.8%
Mar 2020 – Mar 2021
Worst 1Y WindowSimple return
-6.9%
Jan 2025 – Jan 2026
Best 3Y CAGRCAGR p.a.
+37.7% p.a.
Jun 2022 – Jul 2025
Worst 3Y CAGRCAGR p.a.
+15.8% p.a.
Feb 2020 – Mar 2023

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025
-3.1%
2024
+48.1%
2023
+40.0%
2022
+3.2%
2021
+43.2%
2020
+14.6%
Consistency Analysis

Rolling Returns ℹ️ What is this?

Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →

1Y Rolling Avg
29.6%
Positive in 93% of windows
Best: 89.8% · Worst: -6.9%
3Y Rolling Avg
27.6% p.a.
Positive in 100% of windows
Best: 37.7% · Worst: 15.8%
5Y Rolling Avg
27.6% p.a.
Positive in 100% of windows
Best: 36.1% · Worst: 18.5%
1-Year Rolling Returns Each bar = 1Y return starting from that date
Risk Analysis

Maximum Drawdown ℹ️ What is this?

How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.

Max Drawdown Ever
-37.4%
Feb 2020 → Mar 2020
Recovered: Nov 2020 (1yr)
Current from Peak
-2.5%
All-time Peak: ₹39.26
Peak date: May 2026

How the fund behaved in key crisis periods

Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.

2024–25 Tariff / Correction
-26.1%
Sep 27, 2024 – Apr 7, 2025
Recovered: May 2026 (1yr 8mo)
COVID-19 Crash
-37.4%
Feb 19 – Mar 23, 2020
Recovered: Nov 2020 (1yr)
2022 Rate Hike Cycle
-22.9%
Jan 17 – Jun 17, 2022
Recovered: Dec 2022 (8 mos)
2018 IL&FS Crisis
Pre-inception
Aug 28 – Oct 26, 2018
Recovered: N/A
Risk Metrics

Risk Ratios

Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →

Sharpe Ratio (3Y)
1.13
Return per unit of total risk. >1 is good. Learn more →
Sortino Ratio (3Y)
1.58
Like Sharpe but only penalises downside volatility. Learn more →
Std Deviation (3Y)
18.6%
Annualised monthly volatility. Lower = more consistent returns. Learn more →
📊
Want to see what Motilal Oswal Large and Midcap FundGrowth is actually holding?

Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.

Full current portfolio — all stocks, weights, sectors
New entries and exits over the last 3 months
Sector allocation and month-over-month changes
Updated monthly from official AMC disclosures
See Portfolio Holdings →
← Compare all Mid Cap Funds

See how Motilal Oswal Large and Midcap FundGrowth ranks against other Mid Cap funds on returns, drawdown, Sharpe ratio and AAUM — side by side.

Learn the Metrics
📖 Deep Dive
CAGR, Sharpe, Sortino & Std Dev
What these numbers mean and how to use them
📖 Deep Dive
Drawdown & Rolling Returns
Why these reveal more than any CAGR figure
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.
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⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.