Motilal Oswal Large and Mid Cap Fund
Direct · GrowthAI Summary
Motilal Oswal Large and Mid Cap Fund has delivered strong SIP XIRR of 29.46% over 1Y, 26.09% over 3Y, and 26.00% over 5Y, well ahead of category averages of 16.54%, 17.73%, and 17.26% respectively. Against the NIFTY 50, the fund has generated substantial alpha of 16.29% over 1Y and 16.43% over 3Y, with a 5Y Fund CAGR of 19.79% versus the benchmark's 7.83%. This consistent outperformance across multiple time horizons highlights effective stock selection.
The fund shows a modest maximum drawdown of -0.37% with a 32-day duration, though full recovery took 246 days, and it has experienced 4 drawdown events exceeding 10%. Beta of 1.07 over 1Y and 3Y indicates slightly higher volatility than the NIFTY 50, but downside capture of 88.97% to 91.67% shows it loses less in falling markets. Calmar ratios of 0.70-0.75 across 1Y to 5Y horizons reflect solid risk-adjusted returns.
The portfolio is highly concentrated with only 27 total holdings, and the top 10 positions account for roughly 47.7% of NAV, led by Eternal (5.53%) and Muthoot Finance (5.49%). Sector concentration is notable, with Finance and Electrical Equipment each at 18.3%, followed by Aerospace & Defense at 9.8%. This focused approach amplifies both upside potential and single-stock or sector-specific risk.
The fund outpaces its category by a wide margin, with 3Y SIP XIRR of 26.09% versus the category average of 17.73% and 5Y XIRR of 26.00% versus 17.26%. Calendar year returns show strong consistency in good years, including 47.18% in 2024 and 39.75% in 2023, though 2025 saw a decline of -3.58%. Long-term alpha remains positive even at 15Y (4.53%), indicating durable outperformance.
This fund suits investors with high risk tolerance who are comfortable with a concentrated 27-stock portfolio and meaningful sector bets in Finance and Electrical Equipment. A time horizon of at least 5 years is recommended to ride out volatility inherent in large and mid cap investing. It is appropriate as a growth-oriented core or satellite holding for investors seeking aggressive capital appreciation.
- SIP XIRR of 26.09% over 3Y and 26.00% over 5Y significantly exceeds category averages of 17.73% and 17.26%
- Strong alpha versus NIFTY 50 across horizons, including 16.43% over 3Y and 11.98% over 5Y, with downside capture below 92%
- Low maximum drawdown of -0.37% with a short 32-day drawdown duration in the measured period
- High portfolio concentration with only 27 holdings and top 10 positions comprising roughly 47.7% of NAV increases stock-specific risk
- Heavy sector concentration in Finance and Electrical Equipment (18.3% each) exposes investors to sector-specific downturns
- 2025 calendar year return of -3.58% shows the fund is not immune to weak market phases
Generated on 01-09-2026, 2:47 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 | ₹13.26 L | 29.5% | -28.6% | 96.7% |
| 3 Years | ₹36.00 L | ₹50.52 L | 26.1% | 7.5% | 47.3% |
| 5 Years | ₹60.00 L | ₹1.11 Cr | 26.0% | 15.5% | 38.1% |
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 | 29.5% | 14.4% | 16.5% | +15.0% |
| 3 Years | 26.1% | 11.1% | 17.7% | +15.0% |
| 5 Years | 26.0% | 10.4% | 17.3% | +15.6% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 28.0% | 21.1% | -7.3% | 91.1% | 0.91 | 7.93 | 93% | — | — |
| 3 Years | 26.8% | 27.4% | 16.2% | 36.7% | 5.08 | — | 100% | — | — |
| 5 Years | 26.2% | 26.7% | 18.8% | 35.0% | 4.42 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +16.29 | 1.07 | 109.9% | 89.0% | 12.7% | -2.9% |
| 3 Years | +16.43 | 1.06 | 112.1% | 91.7% | 24.3% | 7.8% |
| 5 Years | +11.98 | 0.99 | 102.2% | 87.5% | 19.8% | 7.8% |
| 7 Years | +11.12 | 0.92 | 96.5% | 84.4% | 21.8% | 11.0% |
| 10 Years | +7.29 | 0.92 | 96.5% | 84.4% | 14.8% | 7.6% |
| 12 Years | +5.88 | 0.92 | 96.5% | 84.4% | 12.2% | 6.3% |
| 15 Years | +4.53 | 0.92 | 96.5% | 84.4% | 9.7% | 5.0% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Eternal Limited | 5.53% |
| 2 | Muthoot Finance Ltd | 5.49% |
| 3 | Multi Commodity Exchange of India Ltd | 5.23% |
| 4 | CG Power and Industrial Solutions Limited | 5.00% |
| 5 | Waaree Energies Limited | 4.76% |
| 6 | Shriram Finance Limited | 4.60% |
| 7 | Bharat Electronics Ltd | 4.32% |
| 8 | PTC Industries Limited | 4.32% |
| 9 | Apar Industries Ltd | 4.24% |
| 10 | Billionbrains Garage Ventures Ltd | 4.18% |