Motilal Oswal Large and Midcap Fund Direct Growth NAV at ₹39.87 on 30 September; 3-Year CAGR at 20.89%

Key Takeaways

• Motilal Oswal Large and Midcap Fund Direct Growth recorded a NAV of ₹39.87 on 30 September 2026 after a marginal 0.06% decline. 
• The one-year return stood at 7.52%, the three-year CAGR at 20.89%, and the five-year annualised return at 18.34%. 
• The scheme managed approximately ₹20,159 crore and had a Direct Growth expense ratio of 0.92%. 
• One97 Communications was the largest disclosed holding at 6.15%, followed by Eternal at 5.37%. 

Motilal Oswal Large and Midcap Fund Direct Growth recorded a NAV of ₹39.87 on 30 September 2026, declining by a marginal 0.06%. The large-and-mid-cap category requires meaningful portfolio exposure to both market-cap segments, giving the scheme a structure that spans larger listed companies as well as businesses within the mid-cap universe. 

The one-year return stood at 7.52%. The three-year CAGR was materially higher at 20.89%, and the five-year annualised return came in at 18.34%. The three-year figure exceeded the five-year reading by 2.55 percentage points and the one-year result by 13.37 percentage points. These figures capture distinct historical market windows rather than a single continuous rate of return. 

The scheme managed approximately ₹20,159 crore and had an operating history of seven years. Its Direct Growth expense ratio stood at 0.92%. Both the minimum SIP and minimum lump-sum investment were ₹500. 

One97 Communications accounted for 6.15% of the disclosed portfolio, making it the largest displayed holding. Eternal followed at 5.37%, Shriram Finance at 4.81%, PTC Industries at 4.68% and Multi Commodity Exchange at 4.67%. Together, these positions represented 25.68%. Historical beta stood at 1.17 and the Sharpe ratio at 0.87. Those statistics describe the fund's past behaviour and should not be interpreted as forecasts of future volatility or returns. 

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