MF Gyan
small capHigh risk3 years old

Motilal Oswal Small Cap Fund - Direct Plan - Growth

Invests in smaller companies (ranked 251+). Can grow the fastest, but also drops the hardest during market slumps. From Motilal Oswal Mutual Fund. It's been running since 29 Dec 2023.

This fund is under 3 years old — its short track record makes comparing to peers or judging consistency less reliable.
Latest price per unit
₹17.713
▼ 0.04% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.26 L
▲ ₹25.7k gain · 25.7% / 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₹60.0k
Value today₹71.4k
Gain / loss+₹11.4k
XIRR (annualised)43.78%
Looking forward · hypothetical
You would invest₹60.0k
Would become*₹76.3k
Projected gain*+₹16.3k
*at this fund's historical rate of 43.78% 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 56 other funds in Equity Scheme - Small Cap Fund

Same plan
1-year return
25.67%median 12.15% (+13.52%)
Rank #7 of 57Beats 87% of peers
Bumpiness (3Y)
17.47%median 17.61% (-0.14%)
Rank #27 of 57Less risky than 54% of peers
Worst-ever drop
-23.69%median -39.86% (+16.17%)
Rank #49 of 57Less risky than 13% 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. 3 of last 4 years were positive.

+0%
2023
+48%
2024
-5%
2025
+24%
2026
Best year
2024 · 47.62%
Worst year
2025 · -5.08%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
17.5%

The value swings roughly 17% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-23.69%

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 Small Cap Fund - Direct Plan - Growth against other small cap funds.

Technical details (for the pros)
CAGR — 1 year25.67%
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch23.35%
Volatility — 1 year (annualised)16.59%
Volatility — 3 years (annualised)17.47%
Max drawdown — 1 year-16.52%
Max drawdown — 3 years-23.69%
Sharpe ratio — 1 year (rf=6%)1.05
Sharpe ratio — 3 years (rf=6%)0.89

Fund info

Fund house
Motilal Oswal Mutual Fund
Category
Equity Scheme - Small Cap Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF247L01BY3
ISIN (Div re-invest)
—
Fund code
152237
First price on record
29 Dec 2023 · 662 daily prices

About Motilal Oswal Small Cap Fund - Direct Plan - Growth

Motilal Oswal Small Cap Fund - Direct Plan - Growth is a Equity Scheme - Small Cap Fund offered by Motilal Oswal Mutual Fund under the Direct plan with the Growth option. It has approximately 3 years of NAV track record. The fund falls in the small cap category — Invests in smaller companies (ranked 251+). Can grow the fastest, but also drops the hardest during market slumps.

The current NAV of Motilal Oswal Small Cap Fund - Direct Plan - Growth is ₹17.7130 (as of 4 Sep 2026). Historically, it has delivered 25.65% over the last year. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 17.5% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 23.7%. 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 Small Cap Fund - Direct Plan - Growth?+

The latest NAV of Motilal Oswal Small Cap Fund - Direct Plan - Growth is ₹17.7130 as of 4 Sep 2026, down 0.04% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Motilal Oswal Small Cap Fund - Direct Plan - Growth?+

Motilal Oswal Small Cap Fund - Direct Plan - Growth has delivered 1-year return 25.65%, since-inception CAGR 23.35%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Motilal Oswal Small Cap Fund - Direct Plan - Growth belong to?+

Motilal Oswal Small Cap Fund - Direct Plan - Growth is categorised as Equity Scheme - Small Cap Fund. Invests in smaller companies (ranked 251+). Can grow the fastest, but also drops the hardest during market slumps.

How risky is Motilal Oswal Small Cap Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 17.5%, Motilal Oswal Small Cap 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.

Is Motilal Oswal Small Cap Fund - Direct Plan - Growth a direct plan?+

Motilal Oswal Small Cap 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 Small Cap Fund - Direct Plan - Growth?+

Motilal Oswal Small Cap Fund - Direct Plan - Growth has NAV history available from 29 Dec 2023 — approximately 3 years of track record and 662 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.