Motilal Oswal Nifty MidSmall Financial Services Index Fund
The scheme seeks to provide returns that, before expenses, correspond to the total returns of the securities as represented by Nifty MidSmall Financial Services Total Return Index, subject to tracking error.
Growthvine rating: 2/5 — ranked #146 of 244 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹14.83 (as of 2026-08-21) |
|---|
| AUM | ₹109 Cr |
|---|
| Expense ratio | 0.90% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Swapnil P Mayekar |
|---|
| Exit load | 1% for redemption within 15 days |
|---|
Performance & risk
| Standard deviation | 0.00% |
|---|
| Max drawdown | -19.97% |
|---|
| Alpha | 0 |
|---|
| Beta | 0 |
|---|
Market cap allocation
| Large cap | 17.9% |
|---|
| Mid cap | 65.8% |
|---|
| Small cap | 16.3% |
|---|
Concentration
| Top 5 holdings | 39.1% |
|---|
| Top 10 holdings | 61.6% |
|---|
| Total holdings | 30 |
|---|
Top holdings
- BSE Ltd. — 13.5%
- Federal Bank Ltd. — 8.0%
- Multi Commodity Exchange of India Ltd — 6.2%
- IndusInd Bank Ltd. — 6.0%
- AU Small Finance Bank Limited — 5.4%
- One 97 Communications Limited — 5.1%
- IDFC FIRST BANK LIMITED — 5.1%
- PB Fintech Limited — 5.0%
- Yes Bank Ltd. — 3.6%
- Max Financial Services Limited — 3.6%
Top sectors
- Banking & Financial — 67.8%
- Finance & Investments — 11.4%
- Miscellaneous — 10.7%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 9.8% | — | — |
| 2025 | 29.9% | — | — |