MF Gyan
indexVery high risk2 year old

Motilal Oswal Nifty MidSmall Financial Services Index Fund - Direct Plan - Growth

Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market. From Motilal Oswal Mutual Fund. It's been running since 25 Nov 2024.

This fund is under 3 years old — its short track record makes comparing to peers or judging consistency less reliable.
Latest price per unit
₹14.9284
▲ 0.55% 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
₹1.27 L
▲ ₹26.8k gain · 26.8% / 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₹66.2k
Gain / loss+₹6.2k
XIRR (annualised)22.95%
Looking forward · hypothetical
You would invest₹60.0k
Would become*₹68.0k
Projected gain*+₹8.0k
*at this fund's historical rate of 22.95% 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 500 other funds in Other Scheme - Index Funds

Same plan
1-year return
26.80%median 5.83% (+20.98%)
Rank #12 of 501Beats 98% of peers
Bumpiness (3Y)
21.18%median 13.31% (+7.87%)
Rank #474 of 501Less risky than 5% of peers
Worst-ever drop
-19.87%median -17.31% (-2.56%)
Rank #199 of 501Less risky than 60% 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 3 years were positive.

+2%
2024
+30%
2025
+10%
2026
Best year
2025 · 29.83%
Worst year
2024 · 2.07%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
21.2%

The value swings roughly 21% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-19.87%

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 Nifty MidSmall Financial Services Index Fund - Direct Plan - Growth against other index funds.

Technical details (for the pros)
CAGR — 1 year26.80%
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch23.95%
Volatility — 1 year (annualised)19.79%
Volatility — 3 years (annualised)21.18%
Max drawdown — 1 year-15.04%
Max drawdown — 3 years-19.87%
Sharpe ratio — 1 year (rf=6%)0.93
Sharpe ratio — 3 years (rf=6%)0.75

Fund info

Fund house
Motilal Oswal Mutual Fund
Category
Other Scheme - Index Funds
Plan
Direct
Option
Growth
ISIN (Growth)
INF247L01DW3
ISIN (Div re-invest)
—
Fund code
153027
First price on record
25 Nov 2024 · 441 daily prices

About Motilal Oswal Nifty MidSmall Financial Services Index Fund - Direct Plan - Growth

Motilal Oswal Nifty MidSmall Financial Services Index Fund - Direct Plan - Growth is a Other Scheme - Index Funds offered by Motilal Oswal Mutual Fund under the Direct plan with the Growth option. It has approximately 2 year of NAV track record. The fund falls in the index category — Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.

The current NAV of Motilal Oswal Nifty MidSmall Financial Services Index Fund - Direct Plan - Growth is ₹14.9284 (as of 4 Sep 2026). Historically, it has delivered 26.78% 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 21.2% annualised volatility — a "very high" level of bumpiness; its deepest peak-to-trough fall on record was 19.9%. 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 Nifty MidSmall Financial Services Index Fund - Direct Plan - Growth?+

The latest NAV of Motilal Oswal Nifty MidSmall Financial Services Index Fund - Direct Plan - Growth is ₹14.9284 as of 4 Sep 2026, up 0.55% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Motilal Oswal Nifty MidSmall Financial Services Index Fund - Direct Plan - Growth?+

Motilal Oswal Nifty MidSmall Financial Services Index Fund - Direct Plan - Growth has delivered 1-year return 26.78%, since-inception CAGR 23.95%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Motilal Oswal Nifty MidSmall Financial Services Index Fund - Direct Plan - Growth belong to?+

Motilal Oswal Nifty MidSmall Financial Services Index Fund - Direct Plan - Growth is categorised as Other Scheme - Index Funds. Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.

How risky is Motilal Oswal Nifty MidSmall Financial Services Index Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 21.2%, Motilal Oswal Nifty MidSmall Financial Services Index Fund - Direct Plan - Growth sits in the "very high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Motilal Oswal Nifty MidSmall Financial Services Index Fund - Direct Plan - Growth a direct plan?+

Motilal Oswal Nifty MidSmall Financial Services Index 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 Nifty MidSmall Financial Services Index Fund - Direct Plan - Growth?+

Motilal Oswal Nifty MidSmall Financial Services Index Fund - Direct Plan - Growth has NAV history available from 25 Nov 2024 — approximately 2 year of track record and 441 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.