MF Gyan
elssHigh risk12 years oldAccelerating recently (last 6m ≈ 27% p.a.)

Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Payout

An equity fund that also saves you tax under Section 80C. Money is locked in for 3 years. From Motilal Oswal Mutual Fund. It's been running since 22 Jan 2015.

Latest price per unit
₹41.3917
▲ 0.40% today
As of 3 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.06 L
▲ ₹6.0k gain · 6.0% / year
Invested 3 years ago
₹1.55 L
▲ ₹54.8k gain · 15.7% / year
Invested 5 years ago
₹1.61 L
▲ ₹61.2k gain · 10.0% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.03 L
Gain / loss+₹23.4k
XIRR (annualised)8.55%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.06 L
Projected gain*+₹25.8k
*at this fund's historical rate of 8.55% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 76 other funds in Equity Scheme - ELSS

Same plan
1-year return
5.97%median 2.11% (+3.86%)
Rank #21 of 77Beats 74% of peers
3-year return
15.68%median 9.69% (+5.99%)
Rank #14 of 77Beats 83% of peers
5-year return
10.02%median 8.43% (+1.59%)
Rank #30 of 77Beats 54% of peers
Bumpiness (3Y)
19.97%median 13.76% (+6.21%)
Rank #67 of 77Less risky than 13% of peers
Worst-ever drop
-37.76%median -35.12% (-2.64%)
Rank #28 of 77Less risky than 64% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 5 of last 7 years were positive.

+10%
2020
+28%
2021
-5%
2022
+29%
2023
+40%
2024
-13%
2025
+7%
2026
Best year
2024 · 40.00%
Worst year
2025 · -13.41%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
20.0%

The value swings roughly 20% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-37.76%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Payout against other elss funds.

Technical details (for the pros)
CAGR — 1 year5.97%
CAGR — 3 years15.68%
CAGR — 5 years10.02%
CAGR — since launch12.92%
Volatility — 1 year (annualised)18.11%
Volatility — 3 years (annualised)19.97%
Max drawdown — 1 year-20.35%
Max drawdown — 3 years-30.34%
Sharpe ratio — 1 year (rf=6%)-0.00
Sharpe ratio — 3 years (rf=6%)0.44

Fund info

Fund house
Motilal Oswal Mutual Fund
Category
Equity Scheme - ELSS
Plan
Direct
Option
—
ISIN (Growth)
INF247L01577
ISIN (Div re-invest)
—
Fund code
133384
First price on record
22 Jan 2015 · 2,861 daily prices

About Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Payout

Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Payout is a Equity Scheme - ELSS offered by Motilal Oswal Mutual Fund under the Direct. It has approximately 12 years of NAV track record. The fund falls in the elss category — An equity fund that also saves you tax under Section 80C. Money is locked in for 3 years.

The current NAV of Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Payout is ₹41.3917 (as of 3 Sep 2026). Historically, it has delivered 5.97% over the last year, 15.68% CAGR over 3 years, 10.02% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 20.0% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 37.8%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Payout?+

The latest NAV of Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Payout is ₹41.3917 as of 3 Sep 2026, up 0.40% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Payout?+

Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Payout has delivered 1-year return 5.97%, 3-year CAGR 15.68%, 5-year CAGR 10.02%, since-inception CAGR 12.92%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Payout belong to?+

Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Payout is categorised as Equity Scheme - ELSS. An equity fund that also saves you tax under Section 80C. Money is locked in for 3 years.

How risky is Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Payout?+

Based on its 3-year annualised volatility of 20.0%, Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Payout sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

What is the lock-in period for Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Payout?+

Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Payout is an ELSS (Equity Linked Savings Scheme) with a 3-year lock-in on each individual investment. Every SIP installment is locked separately for 3 years from its purchase date — the January 2024 units unlock in January 2027, February 2024 units in February 2027, and so on.

Is Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Payout a direct plan?+

Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Payout is a Direct plan (no distributor commission — lower expense ratio).

How old is Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Payout?+

Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Payout has NAV history available from 22 Jan 2015 — approximately 12 years of track record and 2,861 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.