Motilal Oswal Innovation Opportunities Fund
Direct · GrowthAI Summary
The fund has delivered a 1Y SIP XIRR of 14.58%, comfortably ahead of the category average of 10.69%. Against the NIFTY 50, it shows strong alpha across horizons, including 18.54% over 1Y and 11.71% over 3Y, with the fund's 3Y CAGR of 12.39% versus the benchmark's 0.5%. Calendar year returns of 25.62% in 2025 and 13.81% in 2026 YTD indicate consistent recent performance.
Risk characteristics are favorable, with a maximum drawdown of just -0.19% over 153 days and only one drawdown event exceeding 10%. The Calmar Ratio of 0.71 over 1Y reflects reasonable risk-adjusted returns. Downside capture of 76.67% over 1Y and 78.42% over longer periods, combined with upside capture above 100%, shows the fund protects capital in weak markets while participating fully in rallies.
The portfolio is concentrated with only 24 holdings, led by Emmvee Photovoltaic Power at 5.31% and CG Power at 4.51%, with the top 10 holdings accounting for roughly 42% of NAV. Electrical Equipment dominates at 18.3%, followed by IT-Software at 7.2% and Consumer Durables at 7.1%. This concentrated, theme-driven allocation is typical of a sectoral/thematic mandate but limits diversification.
The fund's 1Y XIRR of 14.58% outpaces the category average of 10.69% by nearly 4 percentage points. Positive alpha across all measured periods, from 18.54% at 1Y to 2.07% at 15Y, suggests sustained benchmark outperformance. However, no 3Y or longer XIRR data is available for the fund, limiting a full like-for-like consistency assessment against category averages of 16-17%.
This fund suits investors with high risk tolerance seeking thematic exposure to innovation-driven sectors such as electrical equipment, manufacturing, and capital markets. A horizon of at least 5-7 years is advisable given the concentrated portfolio and thematic nature, which can experience sharp sector-specific swings. It should be a satellite allocation within a diversified portfolio rather than a core holding.
- Strong alpha versus NIFTY 50 across all time horizons, including 18.54% over 1Y and 11.71% over 3Y
- Asymmetric capture profile with 106.13% upside capture and only 78.42% downside capture over 3Y and beyond
- 1Y SIP XIRR of 14.58% exceeds the category average of 10.69% by a wide margin
- High concentration with only 24 holdings and 18.3% in Electrical Equipment exposes investors to sector-specific risk
- Long-term lump-sum CAGR remains modest at 2.36% over 15Y, and the fund lacks longer-horizon XIRR data to confirm sustained SIP outperformance versus category averages of 16-17%
Generated on 21-10-2026, 3:02 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 | 14.1% | -23.5% | 41.0% |
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 | 14.1% | 14.3% | 10.7% | -0.2% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 13.7% | 14.5% | 2.1% | 20.9% | 1.85 | 11.40 | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +18.54 | 0.99 | 100.5% | 76.7% | 7.2% | -11.4% |
| 3 Years | +11.71 | 0.97 | 106.1% | 78.4% | 12.4% | 0.5% |
| 5 Years | +6.77 | 0.97 | 106.1% | 78.4% | 7.3% | 0.3% |
| 7 Years | +4.73 | 0.97 | 106.1% | 78.4% | 5.1% | 0.2% |
| 10 Years | +3.23 | 0.97 | 106.1% | 78.4% | 3.6% | 0.1% |
| 12 Years | +2.64 | 0.97 | 106.1% | 78.4% | 3.0% | 0.1% |
| 15 Years | +2.07 | 0.97 | 106.1% | 78.4% | 2.4% | 0.1% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Emmvee Photovoltaic Power Limited | 5.31% |
| 2 | CG Power and Industrial Solutions Limited | 4.51% |
| 3 | Bharat Heavy Electricals Limited | 4.33% |
| 4 | InterGlobe Aviation Limited | 4.25% |
| 5 | Avalon Technologies Limited | 4.15% |
| 6 | Aditya Birla Sun Life AMC Limited | 4.03% |
| 7 | JM Financial Limited | 3.90% |
| 8 | Global Health Limited | 3.68% |
| 9 | PG Electroplast Limited | 3.66% |
| 10 | Syrma SGS Technology Limited | 3.62% |