Motilal Oswal Large and Midcap Fund Direct Growth NAV Drops to ₹40.3434 on 15 September; 3-Year CAGR at 21.15%

Key Takeaways

• Motilal Oswal Large and Midcap Fund Direct Growth NAV declined 3.64% to ₹40.3434 on 15 September 2026. 
• Its exact-date three-year CAGR stood at 21.15%. 
• The scheme managed approximately ₹20,159 crore, with minimum SIP and lump-sum investments of ₹500. 
• One 97 Communications, Eternal, Shriram Finance, PTC Industries and Multi Commodity Exchange together represented 25.68% of the latest disclosed portfolio. 

Motilal Oswal Large and Midcap Fund Direct Growth NAV declined 3.64% to ₹40.3434 on 15 September 2026. Its exact-date three-year CAGR stood at 21.15%. These two numbers operate on very different time scales, with the first describing one valuation interval and the second annualising performance across three years. 

The scheme managed approximately ₹20,159 crore. Minimum SIP and minimum lump-sum investment were both ₹500. The fund belongs to the large and mid-cap category, which requires meaningful exposure to both large-cap and mid-cap companies rather than concentrating entirely in one of those market-cap segments. 

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%. Taken together, these five positions represented 25.68% of the portfolio. The two largest alone accounted for 11.52%. 

The latest available 5paisa supporting snapshot listed the Direct Growth expense ratio at 0.92%. Historical risk readings included standard deviation of 6.22 and beta of 1.17. Alpha stood at 7.80, while the Sharpe ratio was 0.87. These figures describe prior portfolio behaviour and should not be treated as forecasts for subsequent NAV movements. 

Exit load was listed at 1% for units redeemed on or before 365 days from allotment, followed by nil load after that period. Read together, the NAV, historical CAGR, portfolio concentration, investment minimums and risk metrics provide a numerical snapshot of the scheme without implying that any historical return will continue into future periods. 

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