March 24, 2026
RA Jainee
Motilal Oswal Large Cap Fund
Motilal Oswal Large Cap Fund review: Should you invest in this large cap mutual fund in 2026? In this detailed review, we analyse the latest NAV, returns, portfolio allocation, expense ratio, peer comparison, benchmark performance and risk profile to help investors make a smarter SIP decision.
Motilal Oswal Large Cap Fund has drawn investor attention for its large-cap focused strategy, diversified portfolio and brand-backed fund management approach. But can this relatively new fund deliver consistent long-term performance, and does it deserve a place in your portfolio? Let’s decode the fund in detail.
| Fund at a Glance | |
| NAV Growth (Rs.) | 12.95 |
| NAV Bonus (Rs.) | — |
| NAV IDCW (Rs.) | 12.23 |
| Min. Investment (Rs.) | 500 |
| Min. SIP Investment (Rs.) | 500 |
| Min. No of Cheques | 12 |
| Benchmark | NIFTY 100 TRI |
| AUM Rs. | 3,242 Cr |
| (As on 28-Feb-2026) | |
| Expense | 0.80% |
| 1 Year Return (%) | 1.38 |
| 3 Year Return (%) | — |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 13.01% |
⚖️ Sahifund Review – Motilal Oswal Large Cap Fund ✔
PLUS: Stability, track record, cost efficiency
Motilal Oswal Large Cap Fund is positioned as a core large-cap mutual fund for SIP investors, offering exposure to established market leaders through a diversified portfolio. The fund benefits from the Motilal Oswal brand credibility and a structured investment approach focused on long-term wealth creation. Its portfolio of 52 stocks provides reasonable diversification while still allowing scope for active allocation. The fund has also delivered a return since launch of 13.01%, indicating a decent start despite volatile market conditions. The allocation remains largely aligned with the large-cap mandate, making it relevant for investors seeking relatively stable equity exposure compared to mid- and small-cap funds. For those building a long-term portfolio, it can serve as a base allocation through SIP investing.
MINUS: Large AUM, large-cap bias, momentum lag
However, the fund currently struggles to stand out in a highly competitive large-cap category. Its 1-year return of 1.38% is lower than both the benchmark and category average, indicating weak recent momentum. Being a relatively new fund (just over 2 years old), it lacks a proven 3-year and 5-year track record, which is critical for investor confidence in large-cap funds. The expense ratio of 0.80% is also on the higher side compared to some efficient peers. With a strong large-cap tilt of over 80%, upside potential may remain limited during phases when broader markets outperform. Additionally, the turnover ratio of 53% suggests moderate churn, which may impact consistency if not managed efficiently.
Sahifund View (Decisive Line):
A decent large-cap SIP option with brand backing, but investors may prefer more consistent and proven performers before making it a core portfolio holding.
👉 Apply Online | Ask Us MF Queries |
| NFO Guidance |
What lies ahead? Below we decode returns consistency, portfolio concentration, peer positioning and risk profile in detail.
Suitable For Which Investors?
Large-cap funds are suitable for investors:
1. Seeking exposure in large-cap stocks for moderately high returns
2. Aiming for long-term wealth creation
3. With a 5+ year investment horizon
4. Who are at ease with the market’s ups and downs
Note:
• Invest only through SIP
Fund’s Investment Strategy:
The scheme seeks to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of large cap companies. However, there can be no assurance that the investment objective of the scheme will be realized.
Fund Manager:
1) Ajay Khandelwal
Education: Mr. Khandelwal is MBA & Bachelor of Engineering.
Experience: Prior to joining Motilal Oswal Mutual Fund, he has worked with Canara Robeco Mutual Fund, BOI AXA Mutual Fund, B&K Securities and Infosys.
2) Atul Mehra
Education: Mr. Mehra has done B.Com, Master’s Degree in Accounting and CFA
Experience: Prior to joining Motilal Oswal Mutual Fund, he has worked with Edelweiss Capital Ltd
3) Rakesh Shetty
Education: Mr. Shetty has done B.Com
Experience: Prior to joining Motilal Oswal Mutual Fund, he has worked with Company engaged in Capital Market Business wherein he was in charge of equity and debt ETFs, customized indices and has also been part of product development.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 365 days |
Basic Details of Motilal Oswal Large Cap Fund
| Fund House | Motilal Oswal Mutual Fund |
| Launch Date | 06-Feb-24 |
| Return Since Launch | 13.01% |
| Benchmark | NIFTY 100 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | 3,242 Cr |
| (As on 28-Feb-2026) | |
| Expense | 0.80% |
| (As on 28-Feb-2026) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 53.00% |
Motilal Oswal Large Cap Fund Returns
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Motilal Oswal Large Cap Dir | -11.33 | 0.51 | -9.26 | -11.07 | -10.37 | 1.38 | — | — | — | — |
| BSE 100 TRI | -11.58 | -3.21 | -9.44 | -11.03 | -8.89 | 1.85 | — | — | — | — |
| Equity: Large Cap | -10.22 | 0.47 | -9.02 | -9.52 | -8.33 | 1.83 | — | — | — | — |
| Rank within category | 73 | 29 | 61 | 98 | 109 | 53 | — | — | — | — |
| Number of funds in category | 120 | 121 | 121 | 120 | 116 | 103 | 84 | 60 | 52 | 42 |
Peer Comparison of Motilal Oswal Large Cap Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Motilal Oswal Large Cap Dir | Unrated | 1.38 | — | — | 0.80 | 3,242 | 13.01 | 1.00 (365) | 2Y 1M | 53.00 |
| ICICI Pru Large Cap Dir | 5 star | 2.24 | 16.49 | 14.45 | 0.85 | 77,452 | 14.64 | 1.00 (365) | 13Y 2M | 18.00 |
| SBI Large Cap Dir | 4 star | 2.30 | 13.33 | 11.61 | 0.79 | 55,246 | 14.11 | 0.25 (30) | 13Y 2M | 34.00 |
| Nippon India Large Cap Dir | 5 star | 3.44 | 17.85 | 16.71 | 0.65 | 51,404 | 15.15 | 1.00 (7) | 13Y 2M | 24.00 |
| HDFC Large Cap Dir | 5 star | 0.16 | 14.19 | 13.33 | 1.01 | 40,085 | 12.97 | 1.00 (365) | 13Y 2M | 29.18 |
Motilal Oswal Large Cap Fund Portfolio
| No. of Stocks | 52 |
| Top 10 Stocks | 42.80% |
| Top 5 Stocks | 29.46% |
| Top 3 Sectors | 65.31% |
| Portfolio P/B Ratio | 3.12 |
| Portfolio P/E Ratio | 22.47 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,40,712 | 4,16,798 |
| Giant (%) | — | — |
| Large (%) | 80.05 | 94.31 |
| Mid (%) | 3.06 | 9.70 |
| Small (%) | 16.89 | 4.18 |
| Tiny (%) | — | — |
Apply Online: https://www.motilaloswalmf.com/mutualfund/login OR https://www.motilaloswalmf.com/mutual-funds
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Quicklinks
- Chanakyanipothi.com
- Staffavailable.com
- BigGaddi.com
- Latest IPO GMP
- Best Stocks to buy today
- Grey Market Premium
- Upcoming IPOs
- Subscription Status
Motilal Oswal Large Cap Fund details, NAV, Fund Portfolio, Peer Comparison, Fund Managers, Mutual Fund Guidance, mutual fund, Best funds to invest, Best Funds, Fund Returns, Fund Analysis
Motilal Oswal Large Cap Fund may suit SIP investors looking for relatively stable exposure to large-cap stocks and long-term wealth creation. It can be considered as part of a core equity allocation, but investors should still compare it with more established large-cap peers.
The expense ratio of Motilal Oswal Large Cap Fund is 0.80% as of 28 February 2026.
Motilal Oswal Large Cap Fund has delivered a 1-year return of 1.38%, which is below both the benchmark and category average in the recent period.
Yes, the fund carries a Very High Risk label, although large-cap funds are generally considered less volatile than small-cap or mid-cap mutual funds.
This fund may be suitable for investors who want large-cap mutual fund exposure, prefer established businesses over high-risk small-cap stocks, and are investing with a long-term SIP mindset.
The benchmark of Motilal Oswal Large Cap Fund is NIFTY 100 TRI.
At present, the fund does not yet have enough long-term history to be considered better than category leaders. Investors should compare it with more established large-cap funds before investing.
Motilal Oswal Large Cap Fund can be considered by investors seeking a newer large-cap SIP option, but it may be wiser to wait for a stronger long-term track record before making it a high-conviction core holding.