Motilal Oswal Quant Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Motilal Oswal Quant Fund Direct Growth Plan has a NAV of ₹10.253 as of 10 Sep 2026 and a scheme AUM of ₹255 Cr. Its 1-year, 3-year and 5-year returns are -0.63%, 0% and 0%, and the fund sits in the High Risk category. Our view is that this is a fund for investors who can handle sharp swings and are comfortable with a short record, because the recent pattern has been uneven and the longer horizon is still too limited to show a stable compounding path.

The fund may suit only those who want an equity allocation with a high-risk stance and can accept that benchmark-relative behaviour has also been mixed. It does not yet have a long performance history, so we would read the current numbers as a sign of early-stage volatility rather than a mature track record.

Quick facts

Particular	Details
NAV	₹10.253 as of 10 Sep 2026
AUM	₹255 Cr
Expense Ratio	0.87%
Launch Date	06 Jun 2024
Min SIP	₹500
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Equity
Exit Load	1% on or before 15D, Nil after 15D
Fund Managers	Ajay Khandelwal, Ankit Agarwal, Rakesh Shetty

The fund is managed by Ajay Khandelwal, Ankit Agarwal and Rakesh Shetty.

Source data date: as of 10 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-4.84%	-4.06%
3M	4.90%	1.37%
1Y	-0.63%	-7.31%
3Y	Data not available	Data not available
5Y	Data not available	Data not available

The recent picture is better than the one-month number alone suggests. Over 3 months, the fund has recovered strongly and stayed ahead of the benchmark, which tells us that the portfolio can rebound after a weak patch.

The 1-year number remains slightly negative, but it is still better than the benchmark’s deeper decline over the same stretch. That matters because it shows relative resilience even when absolute returns have been under pressure.

What we do not yet have is a long enough run to judge whether that relative resilience can hold through a full cycle. The fund launched in June 2024, so the lack of 3-year and 5-year figures is not a flaw in presentation; it simply means the track record is still building.

From the available pattern, our reading is that the fund has had a choppy short-term path, but the 3-month recovery suggests active stock selection or factor positioning can work in favour of investors when the cycle turns. That makes consistency the bigger question than one-off bursts of outperformance.

Source data date: as of 10 Sep 2026

Should you BUY or HOLD Motilal Oswal Quant?

A fund's past returns alone don't tell you whether you should buy it today or continue holding it.

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.

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Peer comparison

Fund	1Y return	3Y return	5Y return
Motilal Oswal Quant Fund Direct Growth Plan	-0.63%	Data not available	Data not available
ICICI Pru Strategic Metal and Energy Equity FoF Direct Growth Plan	73.94%	37.12%	Data not available
Motilal Oswal Active Momentum Fund Direct Growth Plan	29.94%	Data not available	Data not available
Kotak Healthcare Fund Direct Growth Plan	29.26%	Data not available	Data not available
HDFC Pharma and Healthcare Fund Direct Growth Plan	28.30%	Data not available	Data not available
SBI Automotive Opportunities Fund Direct Growth Plan	27.13%	Data not available	Data not available

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. On the available one-year numbers, this fund trails the stronger peer figures by a wide margin, even though its own 3-month return is ahead of the benchmark. That split matters: the recent bounce is real, but it has not yet translated into a competitive 1-year outcome.

Longer-term comparison is harder because the fund does not yet have 3-year or 5-year data, while some peers do have a 3-year record. That leaves the fund with less history to prove whether the recent pattern can persist. The short-term and longer-term views therefore point in different directions: the latest rebound is encouraging, but the available comparison still leaves more questions than answers about durability.

Source data date: as of 10 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
Kalyan Jewellers India Limited	Diamond & Jewellery	3.22%
TVS Motor Company Limited	Automobile & Ancillaries	2.50%
Life Insurance Corporation of India	Insurance	2.38%
Coforge Limited	IT	2.33%
Bajaj Auto Limited	Automobile & Ancillaries	2.30%
Ashok Leyland Limited	Automobile & Ancillaries	2.29%
Hero Motocorp Limited	Automobile & Ancillaries	2.27%
Dixon Technologies (India) Limited	Consumer Durables	2.25%
Bharat Petroleum Corporation Limited	Crude Oil	2.23%
Lupin Limited	Healthcare	2.20%

The largest holding is Kalyan Jewellers India Limited at 3.22%, which is a moderate single-stock weight rather than an outsized one. The tenth holding, Lupin Limited, is still 2.20%, so the drop from first to tenth is fairly contained. That pattern suggests the disclosed book is not dominated by one position; instead, it is spread across several mid-sized holdings.

The top 10 holdings together account for approximately 23.97% of the portfolio, while the full disclosed list contains 51 holdings. That combination points to a longer tail of positions beyond the top group, so the visible book may be more diversified than the top weights alone imply. At the same time, the repeated presence of automobile names in the top slice may contribute to sector-level sensitivity if that theme weakens.

Because the top holdings only cover part of the portfolio, we would read the structure as moderately spread rather than tightly concentrated. The listed weights are close enough that no single name is likely to dominate day-to-day movement, but several mid-sized positions together could still matter meaningfully.

To see all holdings, visit the Motilal Oswal Quant Fund Direct Growth Plan page

Source data date: as of 10 Sep 2026

Who should invest

This fund fits investors who are comfortable with High Risk equity exposure and who can stay invested long enough to absorb short-term swings. The one-year result is still negative, but the three-month rebound shows that the fund can move sharply in either direction over short stretches.

We would view it more as a longer-horizon allocation for investors who can tolerate uneven outcomes than as a stable core holding. The main trade-off is that the benchmark comparison is encouraging in recent periods, but the track record is still short and does not yet prove consistency through a full cycle. The portfolio is spread across 51 disclosed holdings, which may soften single-stock dependence, but it also leaves the question of lasting style stability open.

Tax and exit load

Holding period	Tax rate	Description
Units held less than 1 year	20%	Short-term capital gains tax
Units held more than 1 year	12.5%	Long-term capital gains tax

Exit load: 1% on or before 15D, Nil after 15D. No exit load applies after the holding period.

Source data date: as of 10 Sep 2026

Frequently asked questions

What is the current NAV of Motilal Oswal Quant Fund Direct Growth Plan?
The NAV is ₹10.253 as of 10 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
The 1-year return is -0.63%, while the 3-year and 5-year returns are both 0 in the record because the fund does not yet have a completed long-term track record.

How has the fund done against the benchmark?
It has been ahead of the benchmark over 3 months and less negative over 1 year, but it lagged slightly over 1 month.

How does it compare with peer funds on the available 1-year numbers?
Its 1-year return is weaker than the stronger peer figures shown, even though the fund has shown a sharper short-term rebound over 3 months.

What is the minimum SIP amount?
The minimum SIP amount is ₹500.

Who manages the fund and what exit load applies?
The fund is managed by Ajay Khandelwal, Ankit Agarwal and Rakesh Shetty. The exit load is 1% on or before 15D, and nil after 15D.

Bottom line

Motilal Oswal Quant Fund Direct Growth Plan shows a mixed picture: the latest 3-month recovery is better than its 1-year result, and the benchmark comparison is also more supportive in recent periods than over the full year. That said, the track record is still short, so we would treat the pattern as early evidence rather than a settled trend. The disclosed portfolio is spread across 51 holdings, with no single position dominating the top slice. It may suit investors who can handle High Risk equity volatility and wait through uneven stretches.

Published on 11 September 2026 at 3:16 PM IST

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RIA disclosure

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.