{"id":258108,"date":"2026-09-21T09:48:13","date_gmt":"2026-09-21T04:18:13","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/motilal-oswal-special-opportunities-fund-direct-growth-review-2026\/"},"modified":"2026-09-21T09:48:13","modified_gmt":"2026-09-21T04:18:13","slug":"motilal-oswal-special-opportunities-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/motilal-oswal-special-opportunities-fund-direct-growth-review-2026\/","title":{"rendered":"Motilal Oswal Special Opportunities Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/motilal-oswal-special-opportunities-fund-g-direct-plan\">Motilal Oswal Special Opportunities Fund Direct Growth Plan<\/a> is at a NAV of \u20b912.5446 as of 18 September 2026, with scheme AUM of \u20b992 Cr. Its 1-year, 3-year and 5-year returns are 19.65%, 0%, and 0%, and it sits in the High Risk category. Our view is that the fund suits investors who can accept sharp swings in pursuit of a differentiated equity strategy, but the limited track record means the near-term improvement matters more than any long-run claim.<\/p>\n<p>Against a Nifty 50 benchmark that has been weaker over the same horizon, the fund has shown resilience in the recent period, though the evidence base is still short because it launched in August 2025. The portfolio is tilted toward a relatively small set of individual positions, so returns may depend meaningfully on a handful of holdings rather than a broad index-style spread.<\/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-special-opportunities-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-special-opportunities-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-special-opportunities-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Motilal_Oswal_Special_Opportunities\" title=\"Should you BUY or HOLD Motilal Oswal Special Opportunities?\">Should you BUY or HOLD Motilal Oswal Special Opportunities?<\/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-special-opportunities-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-special-opportunities-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-special-opportunities-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-special-opportunities-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-special-opportunities-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-special-opportunities-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_Motilal_Oswal_Special_Opportunities_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of Motilal Oswal Special Opportunities Fund Direct Growth Plan?\">What is the current NAV of Motilal Oswal Special Opportunities 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-special-opportunities-fund-direct-growth-review-2026\/#How_has_the_fund_performed_over_1_year_3_years_and_5_years\" title=\"How has the fund performed over 1 year, 3 years and 5 years?\">How has the fund performed over 1 year, 3 years and 5 years?<\/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-special-opportunities-fund-direct-growth-review-2026\/#How_does_the_fund_compare_with_the_Nifty_50_benchmark\" title=\"How does the fund compare with the Nifty 50 benchmark?\">How does the fund compare with the Nifty 50 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-special-opportunities-fund-direct-growth-review-2026\/#How_does_it_compare_with_peer_funds_on_available_return_data\" title=\"How does it compare with peer funds on available return data?\">How does it compare with peer funds on available return data?<\/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-special-opportunities-fund-direct-growth-review-2026\/#Is_there_a_minimum_SIP_amount\" title=\"Is there a minimum SIP amount?\">Is there a minimum SIP amount?<\/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-special-opportunities-fund-direct-growth-review-2026\/#What_are_the_risk_level_portfolio_concentration_and_exit_load\" title=\"What are the risk level, portfolio concentration and exit load?\">What are the risk level, portfolio concentration and exit load?<\/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-special-opportunities-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-special-opportunities-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-special-opportunities-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>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b912.5446 as of 18 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b992 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>2.56%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>14 Aug 2025<\/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 50<\/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% on or before 3M, Nil after 3M<\/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 18 Sep 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>1.52%<\/td>\n<td>-3.73%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>6.90%<\/td>\n<td>-3.14%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>19.65%<\/td>\n<td>-5.31%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Recent performance has been stronger than the benchmark across every available period. The 1-month and 3-month figures suggest that the fund has been able to hold up even when the benchmark stayed negative, and the 1-year return shows a clearer gap in favour of the fund. That is encouraging, but the short history means we should treat the recent numbers as a live signal rather than a settled pattern.<\/p>\n<p>The pattern of the return path also looks uneven rather than smooth. There were periods of pullback and recovery in the first year after launch, followed by a firmer climb later on, which tells us the fund may reward patience but is unlikely to behave like a steady index substitute. The benchmark\u2019s own negative 1-year return makes the current comparison look favourable, yet that advantage has to be viewed alongside the fund\u2019s High Risk label and the fact that its public record does not extend across 3-year or 5-year horizons.<\/p>\n<p>For a new scheme, the main question is less about long-run consistency and more about whether the recent upturn can persist. On the evidence available here, the fund has done better than the benchmark over all measured windows, but the absence of long-history returns leaves open how it might behave through a full market cycle.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 18 Sep 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_Special_Opportunities\"><\/span>Should you BUY or HOLD Motilal Oswal Special Opportunities?<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 Special Opportunities? 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-special-opportunities-fund-g-direct-plan\">Motilal Oswal Special Opportunities Fund Direct Growth Plan<\/a><\/td>\n<td>19.65%<\/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\/icici-pru-strategic-metal-and-energy-equity-fof-g-direct-plan\">ICICI Pru Strategic Metal and Energy Equity FoF Direct Growth Plan<\/a><\/td>\n<td>65.43%<\/td>\n<td>35.11%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/hdfc-pharma-and-healthcare-fund-g-direct-plan\">HDFC Pharma and Healthcare Fund Direct Growth Plan<\/a><\/td>\n<td>27.29%<\/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\/kotak-healthcare-fund-g-direct-plan\">Kotak Healthcare Fund Direct Growth Plan<\/a><\/td>\n<td>27.27%<\/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\/motilal-oswal-active-momentum-fund-g-direct-plan\">Motilal Oswal Active Momentum Fund Direct Growth Plan<\/a><\/td>\n<td>25.8%<\/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\/pgim-india-healthcare-fund-g-direct-plan\">PGIM India Healthcare Fund Direct Growth Plan<\/a><\/td>\n<td>24.4%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/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>On the 1-year measure, the fund trails several peer schemes in absolute return terms, even though it remains ahead of the benchmark. The same picture becomes harder to extend over 3-year and 5-year horizons because those figures are not available for the fund, while one peer does show a materially stronger 3-year number. That means the short-term comparison looks respectable, but the longer-term comparison is incomplete rather than conclusive.<\/p>\n<p>What stands out is the split between the fund\u2019s current momentum and the broader set of peers that already have longer history. The fund\u2019s recent numbers are decent, but they do not yet establish the same depth of track record that the better-known multi-year figures in the peer group can show. For readers comparing options, that usually matters if they want evidence across a longer market cycle rather than a one-year snapshot.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 18 Sep 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>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Diamond Power Infrastructure Ltd.<\/td>\n<td>Electricals<\/td>\n<td>8.66%<\/td>\n<\/tr>\n<tr>\n<td>Samvardhana Motherson International Limited<\/td>\n<td>Automobile &amp; Ancillaries<\/td>\n<td>6.63%<\/td>\n<\/tr>\n<tr>\n<td>Kalyan Jewellers India Limited<\/td>\n<td>Diamond &amp; Jewellery<\/td>\n<td>6.37%<\/td>\n<\/tr>\n<tr>\n<td>Lohia Corp Limited<\/td>\n<td>Domestic Equities<\/td>\n<td>6.25%<\/td>\n<\/tr>\n<tr>\n<td>Aditya Infotech Limited<\/td>\n<td>Domestic Equities<\/td>\n<td>6.19%<\/td>\n<\/tr>\n<tr>\n<td>Piramal Finance Limited<\/td>\n<td>Finance<\/td>\n<td>5.92%<\/td>\n<\/tr>\n<tr>\n<td>Lumino Industries Limited<\/td>\n<td>Domestic Equities<\/td>\n<td>5.41%<\/td>\n<\/tr>\n<tr>\n<td>Shadowfax Technologies Limited<\/td>\n<td>Logistics<\/td>\n<td>4.52%<\/td>\n<\/tr>\n<tr>\n<td>Multi Commodity Exchange of India Limited<\/td>\n<td>Finance<\/td>\n<td>4.31%<\/td>\n<\/tr>\n<tr>\n<td>Shaily Engineering Plastics Limited<\/td>\n<td>Plastic Products<\/td>\n<td>4.19%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The top 10 holdings account for approximately 58.45% of the portfolio.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/motilal-oswal-special-opportunities-fund-g-direct-plan\">Motilal Oswal Special Opportunities Fund Direct Growth Plan<\/a> page<\/p>\n<p>The largest holding, Diamond Power Infrastructure Ltd., is 8.66%, which is large enough to matter, but not so dominant that it overwhelms the rest of the book. The tenth holding is 4.19%, so the fall from the top position to the tenth is noticeable but not extreme, suggesting that the visible book is built around several meaningful positions rather than one outsized bet.<\/p>\n<p>The top 10 together make up 58.45% of the portfolio, leaving a longer tail across the remaining 14 disclosed holdings. That structure may reduce dependence on a single name, yet the 24-holding count also shows that the scheme is not a very broad, index-like basket. In our view, returns may be influenced by a compact set of positions more than by wide diversification.<\/p>\n<p>Because the top positions are clustered in the mid-single digits, the portfolio looks concentrated enough to move with stock-specific outcomes, while still leaving room for diversification benefits from the rest of the holdings. For investors, that usually means more active-style behaviour and less resemblance to a broad market fund.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 18 Sep 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 are comfortable with High Risk equity exposure and can stay invested long enough for a differentiated portfolio to play out. The recent 1-year return is positive and clearly ahead of the benchmark, but the scheme does not yet have meaningful 3-year or 5-year history to lean on. That makes it more suitable for someone who can tolerate uneven performance and does not need a smooth index-like ride.<\/p>\n<p>The main trade-off is between the possibility of stronger stock-specific gains and the uncertainty that comes with a newer, more concentrated portfolio. Investors who want evidence across a full market cycle may prefer to wait for a longer record, while those who are comfortable with a short track record and a more active approach may find the fund worth understanding better.<\/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 within 3 months; nil after 3 months.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 18 Sep 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_Special_Opportunities_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of Motilal Oswal Special Opportunities Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b912.5446 as of 18 September 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_has_the_fund_performed_over_1_year_3_years_and_5_years\"><\/span>How has the fund performed over 1 year, 3 years and 5 years?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Its 1-year return is 19.65%, while the 3-year and 5-year returns are not available because the scheme is still too new for those periods.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_the_fund_compare_with_the_Nifty_50_benchmark\"><\/span>How does the fund compare with the Nifty 50 benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It has done better than the Nifty 50 across the available periods shown here. The fund is positive over 1 month, 3 months and 1 year, while the benchmark is negative in each of those windows.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_peer_funds_on_available_return_data\"><\/span>How does it compare with peer funds on available return data?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Its 1-year return is below several peer schemes in the table, although it still stands ahead of the benchmark. The longer-term comparison is incomplete because the fund does not yet have 3-year or 5-year figures.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Is_there_a_minimum_SIP_amount\"><\/span>Is there a minimum SIP amount?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yes, the minimum SIP amount is \u20b9500.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_risk_level_portfolio_concentration_and_exit_load\"><\/span>What are the risk level, portfolio concentration and exit load?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is tagged High Risk. The top 10 holdings account for 58.45% of the portfolio, and the exit load is 1% if units are sold within 3 months, with no exit load after 3 months.<\/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>Motilal Oswal Special Opportunities Fund Direct Growth Plan has started with a decent recent record, and its short-term performance is better than the benchmark. The longer-term picture is still incomplete because 3-year and 5-year returns are not yet available, so the fund is best read as a newer, higher-risk equity option rather than a fully seasoned track record. Its portfolio is also fairly concentrated, which may amplify stock-specific outcomes. For investors who can handle that mix, it offers an active style with recent momentum.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 21 September 2026 at 9:47 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 Special Opportunities Fund Direct Growth Plan\",\"identifier\":\"motilal-oswal-special-opportunities-fund-g-direct-plan\",\"category\":\"Equity\",\"dateCreated\":\"14 Aug 2025\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":12.5446,\"valueReference\":\"as of 18 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"92 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"2.56\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":19.65},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":0},{\"@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 Special Opportunities Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b912.5446 as of 18 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund performed over 1 year, 3 years and 5 years?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is 19.65%, while the 3-year and 5-year returns are not available because the scheme is still too new for those periods.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with the Nifty 50 benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has done better than the Nifty 50 across the available periods shown here. The fund is positive over 1 month, 3 months and 1 year, while the benchmark is negative in each of those windows.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with peer funds on available return data?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is below several peer schemes in the table, although it still stands ahead of the benchmark. The longer-term comparison is incomplete because the fund does not yet have 3-year or 5-year figures.\"}},{\"@type\":\"Question\",\"name\":\"Is there a minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes, the minimum SIP amount is \u20b9500.\"}},{\"@type\":\"Question\",\"name\":\"What are the risk level, portfolio concentration and exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is tagged High Risk. The top 10 holdings account for 58.45% of the portfolio, and the exit load is 1% if units are sold within 3 months, with no exit load after 3 months.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Motilal Oswal Special Opportunities Fund Direct Growth Plan has a NAV of \u20b912.5446 as of 18 September 2026, with 1-year return of 19.65% and High Risk positioning.<\/p>\n","protected":false},"author":38,"featured_media":258106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-258108","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["258106"],"rank_math_title":["Motilal Oswal Direct Growth NAV &amp; Returns Review"],"rank_math_description":["Motilal Oswal Special Opportunities Fund Direct Growth Plan NAV is \u20b912.5446; 1Y return is 19.65%. Read the 2026 review."],"rank_math_focus_keyword":["Motilal Oswal Special Opportunities Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Motilal_Oswal_Special_Opportunities_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_bullish.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/258108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=258108"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/258108\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/258106"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=258108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=258108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=258108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}