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Motilal Oswal Mutual Fund

Motilal Oswal Manufacturing Fund

Motilal Oswal Mutual Fund · Regular plan · Growth

1-year returns
-3.3%
NAV
₹11.82
▲ 1.27% · 18 Sept 2026
Fund size
₹700 Cr
Expense ratio
1.98%
a year
Minimum SIP
₹500

Returns, and where it stands

Against the average sectoral / thematic fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year-3.3%3.8%behind164 of 223
Every period, and the Regular plan →
PeriodRegular
1 month-3.1%
3 months1.5%
6 months10.9%
1 year-3.3%
2 yearsp.a.3.8%

Figures are for the Regular plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Aug 2024.

NAV history

▼ 3.28% in the last 1Y

10.111.212.218 Sept 202520 Mar 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,20,000
Gain
₹8,279
XIRR (per year)
6.58%
Value today
₹1,28,279

24 monthly instalments from 20 Sept 2024, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
19.5% a year
3.9% more than the category average — the bumpier side
Worst fall so far
−26.2%
Jan 2025 to Feb 2025.
Years that made money
85.2%
Of every one-year stretch it has been through.

Fund details

Minimum lumpsum
₹500
Minimum top-up
₹500
Lock-in
None
Plan started
8 Aug 2024
Portfolio turnover
0.72x
Expense ratio
1.98%
as of 31 Jul 2026

Managed by Swapnil Mayekar, Ajay Khandelwal, Rakesh Shetty, Atul Mehra, Bhalchandra Shinde

Regular plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

Motilal Oswal Manufacturing Fund against other funds in the Sectoral / Thematic Fund category
Fund1Y3Y5YExpenseFund size
Nippon India Taiwan Equity Fund118%61.43%1.24%₹1,128 Cr
HDFC Defence Fund21.09%37.07%0.9%₹11,478 Cr
HDFC Transportation and Logistics Fund7.35%24.8%1.09%₹2,116 Cr
SBI Healthcare Opportunities Fund20.88%24.31%18.52%1.02%₹5,796 Cr
UTI - Healthcare Fund16.82%24.15%16.09%1.28%₹1,444 Cr
LIC MF Infrastructure Fund8.97%23.9%21.88%1.35%₹1,174 Cr
Motilal Oswal Manufacturing Fund-3.28%1.98%₹700 Cr

About Motilal Oswal Manufacturing Fund

Motilal Oswal Manufacturing Fund is a sectoral / thematic fund managed by Motilal Oswal Mutual Fund. Invest in one sector (such as banking, IT or pharma) or a theme (such as consumption or infrastructure). Concentrated and higher risk; suited to investors with a view on that sector.

To achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in the manufacturing activity. However, there can be no assurance that the investment objective of the scheme will be realized.

The scheme's stated objective, as published by Motilal Oswal Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
Growth₹11.8201152760
Growth₹11.4723152761
Growth₹11.8194152762
Growth₹11.4725152763

Frequently asked questions

What is the NAV of Motilal Oswal Manufacturing Fund today?

The NAV of Motilal Oswal Manufacturing Fund (Regular plan, Growth) is ₹11.8201, as of 18 Sept 2026.

What returns has Motilal Oswal Manufacturing Fund given?

Over the last year the Regular plan returned -3.28%. Past returns do not guarantee future returns.

What is the expense ratio of Motilal Oswal Manufacturing Fund?

The Regular plan charges 1.98% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in Motilal Oswal Manufacturing Fund?

You can start a monthly SIP with ₹500, or invest a lump sum of ₹500 or more.

How much has Motilal Oswal Manufacturing Fund fallen in the past?

Its deepest fall was 26.2% from 3 Jan 2025 to 28 Feb 2025. Of every one-year stretch in its history, 85% ended in a gain.

Which category does Motilal Oswal Manufacturing Fund belong to?

It is a Sectoral / Thematic Fund from Motilal Oswal Mutual Fund. Invest in one sector (such as banking, IT or pharma) or a theme (such as consumption or infrastructure). Concentrated and higher risk; suited to investors with a view on that sector.

How are gains from Motilal Oswal Manufacturing Fund taxed?

Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.