Motilal Oswal Infrastructure Fund
Direct · GrowthAI Summary
Motilal Oswal Infrastructure Fund has delivered a 1Y SIP XIRR of 10.59%, marginally below the category average of 10.7%. Against the NIFTY 50, the fund shows strong outperformance with a 1Y alpha of 7.98% and positive lump-sum CAGRs across all periods (e.g., 6.02% over 3Y vs the benchmark's -2.33%). This consistent benchmark outperformance suggests effective stock selection within the infrastructure theme.
The fund exhibits a low beta of 0.85 against the NIFTY 50 with a downside capture of just 68.98% over 3Y, meaning it has fallen significantly less than the benchmark in down markets. Risk-adjusted returns are solid, with a 1Y Calmar ratio of 1.1348 and zero drawdown events exceeding 10%, while the maximum drawdown was only -0.097% with an 84-day recovery. This defensive profile is notable for a sectoral fund, which typically carries higher volatility.
The portfolio is concentrated with only 23 holdings, led by Reliance Industries (9.5%), Larsen & Toubro (8.89%), and Bharti Airtel (7.33%), with the top 10 holdings accounting for roughly 58.6% of NAV. Sector exposure is focused on Electrical Equipment (16.1%), Petroleum Products (11.2%), and Power (9.8%), reflecting a broad infrastructure and capital goods orientation. This concentration can amplify both gains and losses relative to diversified funds.
The fund's 1Y SIP XIRR of 10.59% is essentially in line with the category average of 10.7%, indicating mid-pack performance among sectoral/thematic peers. However, its consistent positive alpha over the NIFTY 50 across 1Y to 15Y horizons demonstrates durable relative strength versus the broad market. Investors should note that longer-horizon category SIP XIRR averages (e.g., 17.47% over 5Y) are not available for this fund in the data, limiting like-for-like comparison beyond 1Y.
This fund suits investors with a high risk tolerance seeking targeted exposure to India's infrastructure and capital goods cycle, ideally as a satellite holding within a diversified portfolio rather than a core allocation. A time horizon of at least 5-7 years is advisable given the cyclical and concentrated nature of sectoral funds. Investors should be comfortable with potential periods of underperformance inherent to thematic strategies.
- Consistent positive alpha versus NIFTY 50 across all measured periods, including 7.98% over 1Y and 7.04% over 3Y
- Strong downside protection with a 3Y downside capture of 68.98% and zero drawdown events exceeding 10%
- Low expense ratio of 0.81% for a sectoral/thematic direct plan
- 1Y SIP XIRR of 10.59% slightly trails the category average of 10.7%, and lump-sum CAGRs over longer horizons (e.g., 3.57% over 5Y) remain modest in absolute terms
- High concentration with only 23 holdings and the top 10 positions comprising roughly 58.6% of NAV, increasing theme-specific risk
Generated on 20-10-2026, 3:11 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.54 L | 10.6% | -2.7% | 23.8% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 10.6% | 14.3% | 10.7% | -3.7% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 11.0% | 11.1% | 1.1% | 22.0% | 0.92 | 3.62 | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +7.98 | 0.85 | 88.5% | 76.1% | 1.1% | -9.2% |
| 3 Years | +7.04 | 0.85 | 91.8% | 69.0% | 6.0% | -2.3% |
| 5 Years | +3.81 | 0.85 | 91.8% | 69.0% | 3.6% | -1.4% |
| 7 Years | +2.44 | 0.85 | 91.8% | 69.0% | 2.5% | -1.0% |
| 10 Years | +1.41 | 0.85 | 91.8% | 69.0% | 1.8% | -0.7% |
| 12 Years | +1.01 | 0.85 | 91.8% | 69.0% | 1.5% | -0.6% |
| 15 Years | +0.62 | 0.85 | 91.8% | 69.0% | 1.2% | -0.5% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Reliance Industries Limited | 9.50% |
| 2 | Larsen & Toubro Limited | 8.89% |
| 3 | Bharti Airtel Limited | 7.33% |
| 4 | Bharat Electronics Limited | 6.22% |
| 5 | NTPC Limited | 5.42% |
| 6 | Waaree Energies Limited | 4.74% |
| 7 | Power Grid Corporation of India Limited | 4.41% |
| 8 | UNO Minda Limited | 4.23% |
| 9 | KSB Limited | 4.02% |
| 10 | GE Vernova T&D India Limited | 3.88% |