MF Gyan
elssHigh risk12 years oldAccelerating recently (last 6m ≈ 47% p.a.)

Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth

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
₹66.9529
▲ 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
₹1.14 L
▲ ₹13.9k gain · 13.9% / year
Invested 3 years ago
₹1.86 L
▲ ₹85.9k gain · 23.0% / year
Invested 5 years ago
₹2.24 L
▲ ₹1.24 L gain · 17.5% / 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₹2.25 L
Gain / loss+₹45.2k
XIRR (annualised)15.92%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.32 L
Projected gain*+₹51.9k
*at this fund's historical rate of 15.92% 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
13.91%median 2.11% (+11.80%)
Rank #10 of 77Beats 88% of peers
3-year return
22.96%median 9.69% (+13.26%)
Rank #1 of 77Beats 100% of peers
5-year return
17.45%median 8.43% (+9.02%)
Rank #2 of 77Beats 98% of peers
Bumpiness (3Y)
19.20%median 13.76% (+5.44%)
Rank #64 of 77Less risky than 17% of peers
Worst-ever drop
-37.72%median -35.12% (-2.61%)
Rank #29 of 77Less risky than 63% 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. 6 of last 7 years were positive.

+10%
2020
+33%
2021
+2%
2022
+39%
2023
+48%
2024
-9%
2025
+15%
2026
Best year
2024 · 48.38%
Worst year
2025 · -8.69%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
19.2%

The value swings roughly 19% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-37.72%

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 - Growth against other elss funds.

Technical details (for the pros)
CAGR — 1 year13.91%
CAGR — 3 years22.96%
CAGR — 5 years17.45%
CAGR — since launch17.69%
Volatility — 1 year (annualised)17.40%
Volatility — 3 years (annualised)19.20%
Max drawdown — 1 year-14.38%
Max drawdown — 3 years-27.71%
Sharpe ratio — 1 year (rf=6%)0.42
Sharpe ratio — 3 years (rf=6%)0.79

Fund info

Fund house
Motilal Oswal Mutual Fund
Category
Equity Scheme - ELSS
Plan
Direct
Option
Growth
ISIN (Growth)
INF247L01569
ISIN (Div re-invest)
—
Fund code
133386
First price on record
22 Jan 2015 · 2,861 daily prices

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

Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth is a Equity Scheme - ELSS offered by Motilal Oswal Mutual Fund under the Direct plan with the Growth option. 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 - Growth is ₹66.9529 (as of 3 Sep 2026). Historically, it has delivered 13.90% over the last year, 22.96% CAGR over 3 years, 17.45% 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 19.2% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 37.7%. 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 - Growth?+

The latest NAV of Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth is ₹66.9529 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 - Growth?+

Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth has delivered 1-year return 13.90%, 3-year CAGR 22.96%, 5-year CAGR 17.45%, since-inception CAGR 17.69%. Returns are historical and don't predict future performance — markets move in cycles.

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

Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth 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 - Growth?+

Based on its 3-year annualised volatility of 19.2%, Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth 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 - Growth?+

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

Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

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

Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth 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.