Motilal Oswal Infrastructure Fund
Direct · GrowthAI Summary
Motilal Oswal Infrastructure Fund has delivered a 1Y SIP XIRR of 12.668%, which trails the category average SIP XIRR of 14.1% for the same period. Against the NIFTY 50, the fund shows strong outperformance with a 1Y Fund CAGR of 10.06% versus the benchmark's -2.9%, generating an alpha of 11.71%. This outperformance is consistent across longer horizons, with positive alpha at every window from 1Y to 15Y.
The fund exhibits low recent volatility, with a maximum drawdown of just -0.097% over 72 days and zero drawdown events exceeding 10%. Its Calmar Ratio of 1.4456 over 1Y indicates healthy risk-adjusted returns relative to drawdown. A beta of 0.8675 combined with a downside capture of 73.43% versus an upside capture of 90.36% shows the fund has historically protected capital in falling markets while still participating in most of the upside.
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 heavily tilted toward Electrical Equipment (16.1%), Petroleum Products (11.2%), and Power (9.8%), reflecting its infrastructure theme. This concentration can amplify both gains and losses compared to diversified funds.
The fund's 1Y SIP XIRR of 12.668% falls short of the category average of 14.1%, suggesting it is currently lagging sectoral/thematic peers. However, its consistent positive alpha against the NIFTY 50 across all measured periods, including 3.52% over 5Y, points to genuine stock-selection skill. Investors should note that lump-sum 1Y rolling returns average 14.0%, indicating reasonable consistency over time.
This fund suits investors with high risk tolerance who want targeted exposure to India's infrastructure, power, and capital goods theme, ideally as a satellite allocation of 5-10% of their portfolio. A time horizon of at least 5-7 years is recommended, as sectoral funds are cyclical and can underperform for extended stretches. It should complement, not replace, a core diversified equity holding.
- Strong alpha generation versus NIFTY 50 across all time horizons, with 1Y alpha of 11.71% and 5Y alpha of 3.52%
- Favorable downside protection with downside capture of 68.57% (3Y and beyond) versus upside capture of 92.68%
- Low recent drawdown risk, with zero drawdown events exceeding 10% and a Calmar Ratio of 1.4456
- 1Y SIP XIRR of 12.668% underperforms the category average of 14.1%, lagging sectoral/thematic peers
- High concentration with only 23 holdings and 16.1% in Electrical Equipment, making returns vulnerable to sector-specific downturns
Generated on 05-09-2026, 3:04 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 | ₹12.68 L | 12.7% | -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 | 12.7% | 14.4% | 14.1% | -1.8% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 14.0% | 13.0% | 9.8% | 22.0% | 2.18 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +11.71 | 0.87 | 90.4% | 73.4% | 10.1% | -2.9% |
| 3 Years | +6.57 | 0.86 | 92.7% | 68.6% | 6.9% | -0.7% |
| 5 Years | +3.52 | 0.86 | 92.7% | 68.6% | 4.1% | -0.4% |
| 7 Years | +2.25 | 0.86 | 92.7% | 68.6% | 2.9% | -0.3% |
| 10 Years | +1.29 | 0.86 | 92.7% | 68.6% | 2.0% | -0.2% |
| 12 Years | +0.92 | 0.86 | 92.7% | 68.6% | 1.7% | -0.2% |
| 15 Years | +0.55 | 0.86 | 92.7% | 68.6% | 1.3% | -0.1% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Reliance Industries Ltd | 9.50% |
| 2 | Larsen & Toubro Ltd | 8.89% |
| 3 | Bharti Airtel Ltd | 7.33% |
| 4 | Bharat Electronics Ltd | 6.22% |
| 5 | NTPC Ltd | 5.42% |
| 6 | Waaree Energies Limited | 4.74% |
| 7 | Power Grid Corporation of India Ltd | 4.41% |
| 8 | UNO Minda Ltd | 4.23% |
| 9 | KSB Limited | 4.02% |
| 10 | GE Vernova T&D India Limited | 3.88% |