{"id":221883,"date":"2026-08-28T11:24:16","date_gmt":"2026-08-28T05:54:16","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=221883"},"modified":"2026-08-28T11:24:17","modified_gmt":"2026-08-28T05:54:17","slug":"motilal-oswal-midcap-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/motilal-oswal-midcap-fund-direct-growth-review-2026\/","title":{"rendered":"Motilal Oswal Midcap Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/motilal-oswal-midcap-fund-g-direct-plan\">Motilal Oswal Midcap Fund Direct Growth Plan<\/a> has a NAV of \u20b9122.7222 as of 27 August 2026 and a scheme AUM of \u20b940,036 Cr. Its 1-year, 3-year and 5-year returns are 3.6787%, 21.9329% and 23.9407%, and the fund sits in the High Risk category.<\/p>\n<p>Our view is that the fund suits investors who can handle sharp swings in mid-cap exposure and are looking for stronger long-term compounding than the near-term figure suggests. The portfolio is largely mid-cap focused, with meaningful sector concentration that can lift upside in favourable markets but also keep performance uneven.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-midcap-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-midcap-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-midcap-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Motilal_Oswal_Midcap\" title=\"Should you BUY or HOLD Motilal Oswal Midcap?\">Should you BUY or HOLD Motilal Oswal Midcap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-midcap-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-midcap-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-midcap-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-midcap-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-midcap-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-midcap-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_Motilal_Oswal_Midcap_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of Motilal Oswal Midcap Fund Direct Growth Plan?\">What is the current NAV of Motilal Oswal Midcap Fund Direct Growth Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-midcap-fund-direct-growth-review-2026\/#What_are_the_funds_1-year_3-year_and_5-year_returns\" title=\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\">What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-midcap-fund-direct-growth-review-2026\/#How_does_the_fund_compare_with_the_benchmark\" title=\"How does the fund compare with the benchmark?\">How does the fund compare with the benchmark?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-midcap-fund-direct-growth-review-2026\/#What_is_the_minimum_SIP_amount\" title=\"What is the minimum SIP amount?\">What is the minimum SIP amount?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-midcap-fund-direct-growth-review-2026\/#How_risky_is_this_fund_and_what_does_the_portfolio_look_like\" title=\"How risky is this fund and what does the portfolio look like?\">How risky is this fund and what does the portfolio look like?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-midcap-fund-direct-growth-review-2026\/#What_are_the_tax_and_exit-load_rules\" title=\"What are the tax and exit-load rules?\">What are the tax and exit-load rules?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-midcap-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-midcap-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-midcap-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Key<\/th>\n<th>Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b9122.7222<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b940,036 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.69%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>24 February 2014<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9500<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>High Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty Mid Cap<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Equity<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>1% if units are sold on or before 365 days; nil after 365 days<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Ajay Khandelwal, Ankit Agarwal, Varun Sharma, Rakesh Shetty<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Ajay Khandelwal, Ankit Agarwal, Varun Sharma and Rakesh Shetty.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 27 Aug 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>6.87%<\/td>\n<td>2.52%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>15.46%<\/td>\n<td>4.15%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>3.68%<\/td>\n<td>10.41%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>21.93%<\/td>\n<td>15.29%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>23.94%<\/td>\n<td>16.99%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The recent picture is mixed. Over 1 month and 3 months, the fund has moved well ahead of the benchmark, which suggests a stronger short-term rebound than the index. That said, the 1-year return is still well below the benchmark, so the recovery has not been smooth over the full year.<\/p>\n<p>The longer view is more encouraging. The 3-year and 5-year returns are both ahead of the benchmark, and that gap matters more for a mid-cap strategy than a brief burst of short-term strength. It tells us the fund has been able to compound better than the index across a fuller cycle, even though the path has not been linear.<\/p>\n<p>The time pattern also supports that reading. The fund has seen stretches of weakness and recovery, rather than a straight upward climb, which is normal for a high-risk mid-cap portfolio. The recent improvement is useful, but we would not treat it as proof of a stable trend because the 1-year result still trails the benchmark by a wide margin.<\/p>\n<p>Overall, the fund has a stronger medium- and long-term record than its latest 12-month figure, and that contrast is the main feature of its performance profile. For investors, the key question is whether they are comfortable waiting through uneven periods for the longer compounding pattern to play out.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 27 Aug 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Motilal_Oswal_Midcap\"><\/span>Should you BUY or HOLD Motilal Oswal Midcap?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding Motilal Oswal Midcap? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/motilal-oswal-midcap-fund-g-direct-plan\">Motilal Oswal Midcap Fund Direct Growth Plan<\/a><\/td>\n<td>3.68%<\/td>\n<td>21.93%<\/td>\n<td>23.94%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/hsbc-midcap-fund-g-direct-plan\">HSBC Midcap Fund Direct Growth Plan<\/a><\/td>\n<td>24.87%<\/td>\n<td>26.42%<\/td>\n<td>20.53%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/woc-mid-cap-fund-g-direct-plan\">WOC Mid Cap Fund Direct Growth Plan<\/a><\/td>\n<td>18.38%<\/td>\n<td>24.13%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/helios-mid-cap-fund-g-direct-plan\">Helios Mid Cap Fund Direct Growth Plan<\/a><\/td>\n<td>17.40%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/iti-mid-cap-fund-g-direct-plan\">ITI Mid Cap Fund Direct Growth Plan<\/a><\/td>\n<td>16.76%<\/td>\n<td>23.07%<\/td>\n<td>18.24%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/mahindra-manulife-mid-cap-fund-g-direct-plan\">Mahindra Manulife Mid Cap Fund Direct Growth Plan<\/a><\/td>\n<td>16.34%<\/td>\n<td>21.37%<\/td>\n<td>20.14%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>The fund\u2019s 1-year return is far below the stronger peer figures in this set, while its 3-year and 5-year numbers are more competitive. That creates a split story: the recent year has been weak relative to the better performers, but the longer holding periods show the fund has kept pace better over time. Compared with the peers that have full 3-year and 5-year data, its 3-year result is above most of them, and its 5-year result is also comfortably ahead of several funds with available history.<\/p>\n<p>This means the fund looks less convincing on recent momentum than some peers, but more durable on the longer horizon than the same short-term reading might suggest. The short-term and long-term comparisons do not point in the same direction, so our focus stays on whether an investor wants recent strength or a more established compounding pattern.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 27 Aug 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Market cap bucket<\/th>\n<th>Allocation<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Large cap<\/td>\n<td>21.02%<\/td>\n<\/tr>\n<tr>\n<td>Mid cap<\/td>\n<td>72.19%<\/td>\n<\/tr>\n<tr>\n<td>Small cap<\/td>\n<td>2.66%<\/td>\n<\/tr>\n<tr>\n<td>Other<\/td>\n<td>4.13%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<thead>\n<tr>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<th>Top holdings<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>FINANCE<\/td>\n<td>18.53%<\/td>\n<td>MULTI COMMODITY EXCHANGE OF INDIA LIMITED (7.98%), HDFC ASSET MANAGEMENT COMPANY LIMITED (3.37%)<\/td>\n<\/tr>\n<tr>\n<td>AUTOMOBILE &amp; ANCILLARIES<\/td>\n<td>15.51%<\/td>\n<td>WABCO INDIA LIMITED (13.23%), TUBE INVESTMENTS OF INDIA LIMITED (1.7%)<\/td>\n<\/tr>\n<tr>\n<td>BANK<\/td>\n<td>14.62%<\/td>\n<td>CITY UNION BANK LIMITED (12.17%), KOTAK MAHINDRA BANK LIMITED (1.24%)<\/td>\n<\/tr>\n<tr>\n<td>IT<\/td>\n<td>13.28%<\/td>\n<td>ONE 97 COMMUNICATIONS LIMITED (4.29%), COFORGE LIMITED (4.08%)<\/td>\n<\/tr>\n<tr>\n<td>RETAILING<\/td>\n<td>9.67%<\/td>\n<td>TRENT LIMITED (5.97%), ETERNAL LIMITED (3.7%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The portfolio is clearly anchored in mid caps, which form 72.19% of assets, while large caps make up 21.02%. Small caps are only 2.66%, so the portfolio is not built as a small-cap-heavy aggressive blend; it is mainly a mid-cap engine with some larger-company ballast.<\/p>\n<p>Among the listed sectors, Finance at 18.53% is the largest and is meaningfully ahead of the next sector, Automobile &amp; Ancillaries at 15.51%. Bank and IT are close behind, which means the fund is not spread evenly across the market. Finance may therefore have the greatest influence on portfolio behaviour, especially because the sector also includes a large single holding weight.<\/p>\n<p>That concentration can be useful when the chosen businesses perform well, but it also makes the fund more dependent on a narrower set of outcomes than a broad, low-conviction portfolio would be. For investors, the mix suggests a mid-cap core with selective concentration in a few sectors and holdings, which may raise return potential but can also keep volatility elevated.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 27 Aug 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund fits investors who can tolerate High Risk exposure and who are comfortable with a mid-cap portfolio that may move sharply across market cycles. The 3-year and 5-year figures show better compounding than the 1-year number, so the stronger fit is for a longer investment horizon rather than someone focused on short-term stability.<\/p>\n<p>The main trade-off is clear: the fund has the structure to participate strongly when mid-caps are in favour, but the recent 1-year result shows that the path can still be uneven relative to the benchmark. Investors who want a steadier ride or a more benchmark-like return pattern may find the swings harder to accept.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load:<\/strong> 1% if units are sold on or before 365 days; nil after 365 days.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 27 Aug 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_Motilal_Oswal_Midcap_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of Motilal Oswal Midcap Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b9122.7222 as of 27 August 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_funds_1-year_3-year_and_5-year_returns\"><\/span>What are the fund\u2019s 1-year, 3-year and 5-year returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund\u2019s 1-year, 3-year and 5-year returns are 3.6787%, 21.9329% and 23.9407%.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_the_fund_compare_with_the_benchmark\"><\/span>How does the fund compare with the benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It is ahead of the benchmark over 3 years and 5 years, but behind it over 1 year. The shorter 1-month and 3-month periods are also stronger than the benchmark.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_minimum_SIP_amount\"><\/span>What is the minimum SIP amount?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The minimum SIP amount is \u20b9500.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_risky_is_this_fund_and_what_does_the_portfolio_look_like\"><\/span>How risky is this fund and what does the portfolio look like?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It is marked High Risk and is heavily tilted toward mid caps at 72.19%. Finance is the largest sector at 18.53%, followed by Automobile &amp; Ancillaries, Bank, IT and Retailing.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_tax_and_exit-load_rules\"><\/span>What are the tax and exit-load rules?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Units held for less than 1 year attract 20% short-term capital gains tax, while units held for more than 1 year attract 12.5% long-term capital gains tax. The exit load is 1% if units are sold on or before 365 days and nil after 365 days.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The fund\u2019s recent 1-year return is weak relative to its longer-term track record, but the 3-year and 5-year numbers point to stronger compounding over a fuller cycle. Compared with peers that have comparable history, the longer-term picture is solid even though the latest year is softer. The fund remains High Risk and is mainly mid-cap driven, with Finance carrying the largest sector weight. That combination makes it better suited to investors who can hold through uneven periods and are focused on longer-term growth potential.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 28 August 2026 at 10:20 AM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Motilal Oswal Midcap Fund Direct Growth Plan\",\"identifier\":\"motilal-oswal-midcap-fund-g-direct-plan\",\"category\":\"Equity\",\"dateCreated\":\"24 Feb 2014\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":122.7222,\"valueReference\":\"as of 27 Aug 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"40036 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.69\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty Mid Cap\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":3.6787},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":21.9329},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":23.9407},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Ajay Khandelwal, Ankit Agarwal, Varun Sharma, Rakesh Shetty\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Motilal Oswal Midcap Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b9122.7222 as of 27 August 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s 1-year, 3-year and 5-year returns are 3.6787%, 21.9329% and 23.9407%.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It is ahead of the benchmark over 3 years and 5 years, but behind it over 1 year. The shorter 1-month and 3-month periods are also stronger than the benchmark.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b9500.\"}},{\"@type\":\"Question\",\"name\":\"How risky is this fund and what does the portfolio look like?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It is marked High Risk and is heavily tilted toward mid caps at 72.19%. Finance is the largest sector at 18.53%, followed by Automobile & Ancillaries, Bank, IT and Retailing.\"}},{\"@type\":\"Question\",\"name\":\"What are the tax and exit-load rules?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Units held for less than 1 year attract 20% short-term capital gains tax, while units held for more than 1 year attract 12.5% long-term capital gains tax. The exit load is 1% if units are sold on or before 365 days and nil after 365 days.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Person\",\"name\":\"{{ANALYST_NAME}}\",\"affiliation\":{\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\"},\"description\":\"Uniapps Investment Adviser Pvt. Ltd. \u2014 SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Motilal Oswal Midcap Fund Direct Growth Plan has a NAV of \u20b9122.7222 as of 27 August 2026, with 1-year, 3-year and 5-year returns of 3.6787%, 21.9329% and 23.9407%.<\/p>\n","protected":false},"author":29,"featured_media":221880,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-221883","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["221880"],"rank_math_title":["Motilal Oswal Midcap Fund Review 2026"],"rank_math_description":["Motilal Oswal Midcap Fund Direct Growth Plan NAV \u20b9122.7222 and 5Y return 23.9407%. 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