ReviewDirect · GrowthPrefer peers first
Motilal Oswal Nifty Smallcap 250 Index Fund
Motilal Oswal Mutual FundOther Scheme - Index Funds7.1 years
- NAV
- 38.3243
- 29 Oct 2026
- 1Y
- -1.7%
- Trailing CAGR
- AUM
- ₹1,243.08 Cr
- 30 Sept 2026
- Volatility
- High
- 19.8% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
In three lines
Watch if · Maximum drawdown exceeded 35%.
Prefer peers if · Prefer ICICI Prudential Nifty Auto Index Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
7.1 years of path to read.
Engine status
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
Pass
0.46% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Watch
Peak-to-trough -42.4%. Ask whether you can hold through a similar fall.
Vs category
Pass
100% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 12.8% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 42%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Review does not mean stop the SIP tomorrow - compare peers first. Stopping on a red label often locks in the worst path.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-1.7%
- 3Y+12.6%
- 5Y+13.0%
- 10Yn/a
- SI+20.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+4.5%
- 3Y+4.2%
- 5Y+12.5%
- 10Yn/a
- Since inception
- +20.4%
- Calendar-day CAGR
- Excess 1Y
- +2.3%
- Category median, same plan and option
- 3Y win rate
- +100%
- Windows beating the median
- 3Y percentile
- 69
- Vs comparable share classes
- SIP 3Y XIRR
- +4.2%
- Simulated monthly SIP
- Worst rolling 3Y
- +10.9%
- 1018 daily-ending windows
- Median rolling 3Y
- +24.4%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 528 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -42.4%
- Worst peak-to-trough
- Current
- -7.8%
- Below last peak
- Current spell
- 766 days
- Days below latest peak
- Time below peak
- +86%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 15 days
- 69 recovered episodes
- Longest recovery
- 361 days
- Trough to prior peak
24 Jan 2020 – 17 Nov 2020
Trough 24 Mar 2020 · recovered in 238 days
-42.4%
17 Jan 2022 – 16 Jun 2023
Trough 20 Jun 2022 · recovered in 361 days
-26.8%
23 Sept 2024 – open
Trough 3 Mar 2025 · not recovered
-26.2%
7 Feb 2024 – 23 Apr 2024
Trough 13 Mar 2024 · recovered in 41 days
-12.4%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
69
Vs category
64
Consistency
82
Risk-adjusted
63
Drawdown
0
Mean
56
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Review
Buying stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
Why this status
- Maximum drawdown exceeded 35%.
Supporting reads
- The fund beat the category median in 100% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 251 holdings · top 10 are 12.8%.
- Top 5
- 7.2%
- Top 10
- 12.8%
- Largest holding
- 1.7%
- Effective holdings
- 169.9
Sona BLW Precision Forgings Ltd
Consumer Discretionary
1.7%
Welspun Corp Ltd
Materials
1.6%
Karur Vysya Bank Ltd
Financial
1.4%
Navin Fluorine International Ltd
Materials
1.4%
Ather Energy Ltd.
Consumer Discretionary
1.2%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
ICICI Prudential Nifty Auto Index Fund
ICICI Prudential Mutual Fund
- 1Y
- -4.2%
- 3Y
- +17.0%
- Vol
- 18.0%
- Max DD
- -28.3%
- Sharpe
- 0.78
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
ICICI Prudential Nifty Midcap 150 Index Fund
ICICI Prudential Mutual Fund
- 1Y
- -3.9%
- 3Y
- +13.7%
- Vol
- 16.7%
- Max DD
- -21.1%
- Sharpe
- 0.53
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
Kotak Nifty Next 50 Index Fund
Kotak Mahindra Mutual Fund
- 1Y
- -2.3%
- 3Y
- +16.4%
- Vol
- 17.5%
- Max DD
- -26.3%
- Sharpe
- 0.50
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
Aditya Birla Sun Life Nifty SDL Apr 2027 Index Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +5.6%
- 3Y
- +7.4%
- Vol
- 1.4%
- Max DD
- -3.5%
- Sharpe
- 0.36
- 3Y win
- +0%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund
Axis Mutual Fund
- 1Y
- +4.6%
- 3Y
- +7.4%
- Vol
- 1.2%
- Max DD
- -0.8%
- Sharpe
- 1.09
- 3Y win
- +1%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns