Best Motilal Oswal funds: Top 5 schemes with up to 124% absolute returns in 3 years; No.1 fund grows money over 4 times in 5 years – Money News

Motilal Oswal Mutual Fund is today a popular fund house, operating around 73 funds, and out of these, 63 are equity funds, according to Value Research. Many of the top funds from Motilal Oswal have not only performed well in their category in the medium to long run, but they have also given excellent returns amid market fluctuations.

In this story, we have selected 5 of the best equity funds of Motilal Oswal, which are among the schemes giving the best returns based on 3 and 5 years. Of these, three funds have consistently achieved top rank in their respective categories. One fund is ranked among the top 3 in its category. One of these Motilal Oswal funds has increased the wealth of investors by almost four times in 5 years.

Let us know which are those 5 funds that keep Motilal Oswal ahead in the list of trusted fund houses.

Top 5 Motilal Oswal equity funds with up to 4x growth in 5 years

1. Motilal Oswal Midcap Fund – Direct Plan

Motilal Oswal Midcap Fund was launched on February 24, 2014. The fund has delivered a strong return of 23.97% since inception.

It is benchmarked against the NIFTY Midcap 150 TRI and comes with a “very high” risk rating as per the SEBI riskometer.

As of June 30, 2025, the fund manages assets worth Rs 33,053 crore. The expense ratio for the direct plan stands at 0.70% as of July 31, 2025.

Motilal Oswal Midcap Fund’s 3-year and 5-year performance

Over the last 3 years, the fund has given an impressive return of 30.80%, while its 5-year performance stands at 36.52% (annualised).

With such rates of return in 3 and 5 years, the fund would have turned Rs 1 lakh lump sum investment into Rs 2.24 lakh in 3 years and Rs 4.74 lakh in 5 years.

2. Motilal Oswal Large and Midcap Fund – Direct Plan

Launched on October 17, 2019, the fund has delivered a strong return of 25.05% since inception. It is benchmarked against the NIFTY Large Midcap 250 TRI and carries a “very high” risk rating as per the SEBI riskometer.

As of June 30, 2025, the fund manages assets worth Rs 11,816 crore, with an expense ratio of 0.68% as of July 31, 2025. The fund is suitable for investors seeking long-term growth with a blend of stability and high-return potential.

Motilal Oswal Large and Midcap Fund’s 3-year and 5-year performance

Over the past 3 years, it has delivered a solid return of 30.48%, while its 5-year return stands at 30.79% (annualised). Despite recent short-term volatility, the fund has consistently outperformed by investing in a mix of large-cap and mid-cap stocks.

A lump sum investment of Rs 1 lakh in this fund made 3 years ago would be worth now Rs 2.22 lakh. If we look at its 5-year return, an investment of Rs 1 lakh would have turned into Rs 3.83 lakh.

3. Motilal Oswal ELSS Tax Saver Fund – Direct Plan

Motilal Oswal ELSS Tax Saver Fund was launched on January 21, 2015. The fund has delivered a return of 18.46% since inception. It is benchmarked against the NIFTY 500 TRI and carries a “very high” risk rating as per the SEBI riskometer. This open-ended equity-linked saving scheme (ELSS) offers tax benefits under Section 80C of the Income Tax Act.

As of June 30, 2025, the fund manages assets worth Rs 4,506 crore, with a low expense ratio of 0.63% as of July 31, 2025. It is suitable for investors looking to save tax while investing for long-term capital growth.

Motilal Oswal ELSS Tax Saver Fund’s 3-year and 5-year performance

Over the past 3 years, it has generated a strong annualised return of 28.32%, and its 5-year return stands at 27.94%.

A lump sum investment of Rs 1 lakh invested 3 and 5 years ago would be worth now Rs 2.11 lakh and Rs 3.43 lakh.

4. Motilal Oswal Flexi Cap Fund

Launched on April 28, 2014, the fund has delivered a return of 18.61% since inception. It is benchmarked against the NIFTY 500 TRI and comes with a “very high” risk rating as per the SEBI riskometer.

As of June 30, 2025, the fund manages assets worth Rs 13,894 crore, and its expense ratio is 0.86% as of July 31, 2025. The fund is ideal for investors seeking diversified equity exposure with long-term growth potential.

Motilal Oswal Flexi Cap Fund 3-year and 5-year performance

Motilal Oswal Flexi Cap Fund – Direct Plan has delivered healthy returns over the medium to long term. Over the last 3 years, the fund has returned 25.47% annually, while its 5-year annualised return stands at 20.92%.

With this rates of return, an investment of Rs 1 lakh made 3 years ago would be worth now Rs 1.97 lakh. While a lump sum investment of Rs 1 lakh 5 years ago has become Rs 2.59 lakh.

5. Motilal Oswal Focused Fund

Launched on May 13, 2013, the fund has delivered a return of 14.16% since inception. It is benchmarked against the NIFTY 500 TRI and carries a “very high” risk rating under the SEBI riskometer.

As of June 30, 2025, the fund manages assets worth Rs 1,564 crore, with an expense ratio of 1.01% as of July 31, 2025.

Motilal Oswal Focused Fund 3-year and 5-year performance

Motilal Oswal Focused Fund – Direct Plan has delivered a 3-year annualised return of 11.94% and a 5-year return of 15.10%.

A lump sum investment of Rs 1 lakh in this fund has become Rs 1.4 lakh in 3 years and Rs 2.02 lakh in 5 years.

(Data: Value Research)

Strong past performance, but caution is key: Past returns are not a guarantee of future results

It must be kept in mind that though these funds have created tremendous wealth for investors. But past returns are not a guarantee of future returns. There are fluctuations in the market, and the performance of each fund can change according to time, strategy and market conditions.

Therefore, before investing in these funds, the investor should take a decision keeping in mind his financial goals, risk tolerance and investment period. It would be better to consult a financial advisor before investing.