Motilal Oswal Large and Midcap Fund Direct Growth NAV at ₹41.11 on 21 September; Three-Year CAGR Reaches 22.50%

Key Takeaways

• Motilal Oswal Large and Midcap Fund Direct Growth NAV edged 0.13% lower to ₹41.11 on 21 September 2026. 
• Its one-year return stood at 7.48%, compared with a three-year CAGR of 22.50% and a five-year CAGR of 19.12%. 
• 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 moved marginally lower to ₹41.11 on 21 September 2026, a decline of 0.13%. The scheme managed approximately ₹20,159 crore, with a Direct Growth expense ratio of 0.92%. Both minimum SIP and minimum lump-sum investments were ₹500. 

Its latest one-year return came in at 7.48%. Across three years, the annualised figure increased to 22.50%, whereas the five-year CAGR stood at 19.12%. The three-year return was therefore 3.38 percentage points above the five-year CAGR and 15.02 percentage points higher than the latest one-year performance. 

One 97 Communications was the largest disclosed holding at 6.15%, with Eternal close behind at 5.37%. Shriram Finance represented 4.81%, PTC Industries 4.68% and Multi Commodity Exchange 4.67%. Combined, those positions accounted for 25.68% of the portfolio, leaving 74.32% outside the five largest disclosed holdings. The two biggest positions together contributed 11.52%. 

The available risk statistics showed alpha at 7.80, standard deviation at 6.22, beta at 1.17 and Sharpe ratio at 0.87. A beta above one describes historical sensitivity relative to the scheme's benchmark calculation and should not be interpreted as a forecast of future daily movements. 

Large and mid-cap schemes maintain meaningful exposure to both market-cap segments under applicable category requirements. The fund's disclosed exit load was 1% for units redeemed on or before 365 days from allotment, with no load after that period. These portfolio and operating figures provide context beyond the single-day change in the ₹41.11 NAV. 

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