Motilal Oswal Large and Midcap Fund Direct Growth NAV Falls to ₹41.62 on 10 September; 3-Year CAGR at 22.74%

Key Takeaways

• Motilal Oswal Large and Midcap Fund Direct Growth NAV declined 0.22% to ₹41.62 on 10 September 2026. 
• Historical returns stood at 12.34% over one year, 22.74% annualised over three years and 19.10% over five years. 
• Fund size was approximately ₹18,445 crore and the Direct Growth expense ratio stood at 0.92%. 
• One 97 Communications, Eternal, Shriram Finance, PTC Industries and Multi Commodity Exchange together accounted for 25.68% of the portfolio. 

Motilal Oswal Large and Midcap Fund Direct Growth NAV declined 0.22% to ₹41.62 on 10 September 2026. The scheme's one-year return stood at 12.34%. Its three-year CAGR was considerably higher at 22.74%, creating a 10.40 percentage-point difference between the two trailing periods. 

Across five years, the annualised return came in at 19.10%. The three-year CAGR therefore exceeded the five-year figure by 3.64 percentage points. Each period starts from a different historical NAV, making the return comparison sensitive to the particular market conditions captured between those starting points and 10 September 2026. 

Fund size stood at approximately ₹18,445 crore, with the Direct Growth expense ratio at 0.92%. Both the minimum SIP and minimum lump-sum investment were ₹500. As a large and mid-cap scheme, the portfolio maintains meaningful exposure to companies from both market-cap segments rather than operating as a single-cap-category fund. 

One 97 Communications was the largest disclosed holding at 6.15%. Eternal followed at 5.37%, Shriram Finance at 4.81%, PTC Industries at 4.68% and Multi Commodity Exchange at 4.67%. Their combined portfolio weight was 25.68%, leaving 74.32% spread across the remaining holdings and other portfolio components. The two largest disclosed positions alone accounted for 11.52%. 

The latest risk statistics included standard deviation of 6.22 and beta of 1.17. Alpha stood at 7.80 and the Sharpe ratio at 0.87. Exit load was listed at 1% when units are redeemed on or before 365 days from allotment, followed by nil exit load after that period. These historical figures add context to the fund's return record but do not establish the direction or magnitude of future NAV movements. 

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.