Motilal Oswal Nifty MidSmall IT and Telecom Index Fund

An open ended fund replicating / tracking the Nifty MidSmall IT and Telecom Total Return Index

  • investedProple:13,776

  • fundIcon:/content/dam/motilal-mf/fund-icons/MO_IT.svg

  • dateAsOn:31 Mar 2026

  • schDetail:

    • exitLoad:

      1% if redeemed on or before 15 days of allotment.

      Nil- If redeemed after 15 days from the date of allotment.

    • cmotsGroupCode: MO45213

    • CMOTSAMCCode: 38442

    • nfoStartDate: 29-Oct-2024

    • dateOfAllotment: 2024-11-12

    • nfoEndDate: 12-Nov-2024

    • sebiCategory: Index Fund

    • schemeName: Motilal Oswal Nifty MidSmall IT and Telecom Index Fund

    • fundCategoryCode: IF

    • schcode: IT

  • minamount:

    • 0:

      • minredamt: NULL
      • minsipamt: 500
      • minpuramt: 500
      • minaddpuramt: NULL
      • optioncode: G
      • plancode: GD
    • 1:

      • minredamt: NULL
      • minsipamt: 500
      • minpuramt: 500
      • minaddpuramt: NULL
      • optioncode: G
      • plancode: GP
  • fundsTaggingSection:

    • 0: motilal-oswal-amc:indian-equity-
    • 1: motilal-oswal-amc:sector
    • 2: motilal-oswal-amc:index-funds
  • planList:

    • 0:

      • optionCode: G
      • groupedCode: GDG
      • planNameOriginal: Direct Growth
      • planCode: GD
      • sixth_char_name: D
      • optionName: Growth
      • groupedName: Direct Growth
      • planName: Direct
      • schDetail:
        • fundCategoryCode:
      • cfReferencePath: /content/dam/motilal-mf/content-fragment/plan-code-model-fragment/direct-growth
      • isin: INF247L01DY9
      • amfi_schcode: 153029
      • cmt_schcode: 45214
    • 1:

      • optionCode: G
      • groupedCode: GPG
      • planNameOriginal: Regular Growth
      • planCode: GP
      • sixth_char_name: R
      • optionName: Growth
      • groupedName: Regular-Growth
      • planName: Regular
      • schDetail:
        • fundCategoryCode:
      • cfReferencePath: /content/dam/motilal-mf/content-fragment/plan-code-model-fragment/regular-growth
      • isin: INF247L01DZ6
      • amfi_schcode: 153028
      • cmt_schcode: 45213
  • nav:

    • 0:

      • latnav: 7.5349
      • optioncode: G
      • plancode: GD
      • prodcode: ITGD
      • nav_date: 09-Apr-2026
      • nav_amount: 8.2672
      • recdt: 09-Apr-2026
      • navchng: 0.03
      • navchngper: 0.36
    • 1:

      • latnav: 7.484
      • optioncode: G
      • plancode: GP
      • prodcode: ITGP
      • nav_date: 09-Apr-2026
      • nav_amount: 8.2106
      • recdt: 09-Apr-2026
      • navchng: 0.03
      • navchngper: 0.36
  • returns:

    • 0:

      • oneYear_Ret: -14.85
      • oneYear_marketValue: 8514.588559676364
      • inception_Ret: -18.77
      • inception_marketValue: 7534.9
      • latNavDate: 2026-03-31
      • prodcode: ITGD
      • plancode: GD
      • optioncode: G
      • amfi_schcode: 153029
      • cmt_schcode: 45214
      • isin: INF247L01DY9
    • 1:

      • oneYear_Ret: -15.28
      • oneYear_marketValue: 8472.484801829441
      • inception_Ret: -19.17
      • inception_marketValue: 7483.999999999999
      • latNavDate: 2026-03-31
      • prodcode: ITGP
      • plancode: GP
      • optioncode: G
      • amfi_schcode: 153028
      • cmt_schcode: 45213
      • isin: INF247L01DZ6

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Historical Performance

CAGR

planList:

  • 0:

    • optionCode: G
    • groupedCode: GDG
    • planNameOriginal: Direct Growth
    • planCode: GD
    • sixth_char_name: D
    • optionName: Growth
    • groupedName: Direct Growth
    • planName: Direct
    • schDetail:
      • fundCategoryCode:
    • cfReferencePath: /content/dam/motilal-mf/content-fragment/plan-code-model-fragment/direct-growth
    • isin: INF247L01DY9
    • amfi_schcode: 153029
    • cmt_schcode: 45214
  • 1:

    • optionCode: G
    • groupedCode: GPG
    • planNameOriginal: Regular Growth
    • planCode: GP
    • sixth_char_name: R
    • optionName: Growth
    • groupedName: Regular-Growth
    • planName: Regular
    • schDetail:
      • fundCategoryCode:
    • cfReferencePath: /content/dam/motilal-mf/content-fragment/plan-code-model-fragment/regular-growth
    • isin: INF247L01DZ6
    • amfi_schcode: 153028
    • cmt_schcode: 45213
  • returns:

    • 0:

      • oneYear_Ret: -14.85
      • oneYear_marketValue: 8514.588559676364
      • inception_Ret: -18.77
      • inception_marketValue: 7534.9
      • latNavDate: 2026-03-31
      • prodcode: ITGD
      • plancode: GD
      • optioncode: G
      • amfi_schcode: 153029
      • cmt_schcode: 45214
      • isin: INF247L01DY9
    • 1:

      • oneYear_Ret: -15.28
      • oneYear_marketValue: 8472.484801829441
      • inception_Ret: -19.17
      • inception_marketValue: 7483.999999999999
      • latNavDate: 2026-03-31
      • prodcode: ITGP
      • plancode: GP
      • optioncode: G
      • amfi_schcode: 153028
      • cmt_schcode: 45213
      • isin: INF247L01DZ6
  • bmCode: 2560

Periodic Returns

Data as on 31 Mar 2026

CAGR
Current value of Investment of ₹10,000

Date of inception: 19-November-2024 In case the start or end date of the concerned period is a non-business day (NBD), the NAV of the previous business day is considered for computation of returns. The NAV per unit shown in the table is as on the start date of the said period. Past performance may or may not be sustained in the future. Future returns are not guaranteed and a loss of original capital may occur. Different plans under the scheme may have different expense structures. The scheme is currently managed by Mr. Swapnil Mayekar, Mr. Dishant Mehta and Mr. Rakesh Shetty

See other funds managed by the Fund Manager

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Motilal Oswal Mid cap fund

SIP

Lumpsum

If you would have invested monthly

If you would have invested

10000

Tenure

10

Invested Amount

1200000

Current Value of Investment

2500000

Return (CAGR)

18

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Disclaimer:

Why this fund?

Expertise

Backed by a decade of financial expertise, we focus on long-term wealth creation through early investment in promising midcaps.

High Conviction

A focused portfolio of ~35 high-conviction midcap stocks, carefully selected for their unique potential.

Quality and Growth

We prioritize business quality and management strength, guided by our QGLP investment philosophy.

*Based upon our current investment strategy.

Pioneering Growth

A House known for identifying high-growth themes that serve as compounding instruments & stand as formidable wealth creators.

Skin in the Game

Our promoters have invested a substantial ~71772 Cr.*, firmly aligning our interests with yours.

*Data as on 31st January 2024.

Disclaimer: The investment objective of the Scheme is to achieve long term capital appreciation by predominantly investing in equity.

Portfolio Composition

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Sector Holdings
Stock Holdings

Industry Classification as recommended by AMFI

    1. Key Facts

    2. Launched on 06 Feb 2024

Investment Objective

  • investmentObjective:

    The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of the securities as represented by Nifty MidSmall IT and Telecom Total Return Index, subject to tracking error.

    However, there can be no assurance or guarantee that the investment objectives of the scheme will be achieved.

  • applicationAmount:

    ₹ 500/- and in multiples of ₹ 1/- thereafter

  • redemptionAmont: ₹ 500/- and in multiples of ₹ 1/- thereafter or account balance, whichever is lower.

  • exitLoad:

    1% if redeemed on or before 15 days of allotment.

    Nil- If redeemed after 15 days from the date of allotment.

  • aum:

    • 0:

      • latestAum: 32.4577
      • latestAumAsOnDt: 2026-03-31T00:00:00
      • optioncode: G
      • plancode: GD
      • prodcode: ITGD
    • 1:

      • latestAum: 32.4577
      • latestAumAsOnDt: 2026-03-31T00:00:00
      • optioncode: G
      • plancode: GP
      • prodcode: ITGP
  • portfolioTurnoverRatio: NIL

  • planList:

    • 0:

      • optionCode: G
      • groupedCode: GDG
      • planNameOriginal: Direct Growth
      • planCode: GD
      • sixth_char_name: D
      • optionName: Growth
      • groupedName: Direct Growth
      • planName: Direct
      • schDetail:
        • fundCategoryCode:
      • cfReferencePath: /content/dam/motilal-mf/content-fragment/plan-code-model-fragment/direct-growth
      • isin: INF247L01DY9
      • amfi_schcode: 153029
      • cmt_schcode: 45214
    • 1:

      • optionCode: G
      • groupedCode: GPG
      • planNameOriginal: Regular Growth
      • planCode: GP
      • sixth_char_name: R
      • optionName: Growth
      • groupedName: Regular-Growth
      • planName: Regular
      • schDetail:
        • fundCategoryCode:
      • cfReferencePath: /content/dam/motilal-mf/content-fragment/plan-code-model-fragment/regular-growth
      • isin: INF247L01DZ6
      • amfi_schcode: 153028
      • cmt_schcode: 45213
  • benchmark: Nifty MidSmall IT and Telecom Total Return Index

  • expenseRatioDirect: 0.50

  • benchmarkreturns:

    • 0:

      • type: BM
      • groupName: Nifty MidSmall IT & Telecom TRI (PRIMARY)
      • latNavDate: 2026-03-31
      • bmcode: 2560.0

Minimum Application Amount

₹500/- and in multiples of ₹1/- thereafter

Minimum Redemption Amount

₹500/- then ₹1/- increments, up to account balance

Latest AUM

32.4577

2026-03-31T00:00:00

Portfolio Turnover Ratio

NIL

Plans

Direct,Regular

Options (Under each plan)

Growth

Benchmark

Nifty MidSmall IT and Telecom Total Return Index

Total Expense Ratio

0.50

Inception date

2026-03-31

Entry Load

Exit Load Policy

Our Fund Managers

Managing this fund since

Total AUM

  • schDetail

    • exitLoad:

      1% if redeemed on or before 15 days of allotment.

      Nil- If redeemed after 15 days from the date of allotment.

    • cmotsGroupCode: MO45213

    • CMOTSAMCCode: 38442

    • nfoStartDate: 29-Oct-2024

    • dateOfAllotment: 2024-11-12

    • nfoEndDate: 12-Nov-2024

    • sebiCategory: Index Fund

    • schemeName: Motilal Oswal Nifty MidSmall IT and Telecom Index Fund

    • fundCategoryCode: IF

    • schcode: IT

  • fundManager:

    • 0:

      • description:

        Swapnil has over 12 years of experience in the fund management and product development.

        Motilal Oswal Asset Management Company Ltd. from March 2010 onwards.

        Business Standard, Research Associate from August 2005 to February 2010.

      • fundManagerName: Swapnil Mayekar

      • dropdownField: MF

      • picture: /content/dam/motilal-mf/fund-manager/mr-swapnil-mayekar.png

      • type: MF

      • designation: Fund Manager

      • cfReferencePath: /content/dam/motilal-mf/content-fragment/fund-manager/swapnil-mayekar

    • 1:

      • description:

        Mr. Rakesh Shetty has more than 13 years of overall experience and expertise in trading in equity, debt segment, Exchange Trade Fund’s management, Corporate Treasury and Banking. Prior to joining Motilal Oswal Asset Management Company Limited, he has worked with Company engaged in Capital Market Business wherein he was in charge of equity and debt ETFs, customized indices and has also been part of product development.

      • fundManagerName: Rakesh Shetty

      • dropdownField: MF

      • picture: /content/dam/motilal-mf/fund-manager/mr-rakesh-shetty.png

      • type: MF

      • designation: Fund Manager/Dealer

      • cfReferencePath: /content/dam/motilal-mf/content-fragment/fund-manager/rakesh-shetty

    • 2:

      • description:

        Mr. Dishant Mehta has more than 11 years of experience and expertise in Financial markets across different segment -Equities, Derivatives, Commodities and Currencies. Managed Institutional and Foreign Portfolio Investment clients. Prior to joining Motilal Oswal Asset Management Company, Mr. Mehta has worked with Emkay Global Financial Services Limited, Anand Rathi Shares & Stock Brokers Limited, Kotak Securities Limited and Angel Broking Limited.

      • fundManagerName: Dishant Mehta

      • dropdownField: MF

      • picture: /content/dam/motilal-mf/fund-manager/mr-dishant-mehta.png

      • type: MF

      • designation: Manager, Associate Fund Manager and Passive Dealer

      • cfReferencePath: /content/dam/motilal-mf/content-fragment/fund-manager/dishant-mehta

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Frequently Asked Questions

What is the Nifty MidSmall IT & Telecom Index Fund?

The Nifty MidSmall IT & Telecom Index Fund is a mutual fund that tracks the performance of the Nifty MidSmall IT & Telecom Index. The index comprises mid and small-cap companies in the Information Technology (IT) and Telecom sectors, offering investors exposure to growing companies within these industries.

Who should invest in the Nifty MidSmall IT & Telecom Index Fund?

Investors with a higher risk appetite, looking for long-term capital appreciation, and those seeking exposure to mid and small-cap companies within the IT and Telecom sectors should consider this fund.

What are the risks associated with this fund?

This fund carries risks typical of mid and small-cap funds, such as:

  • Higher volatility: Mid and small-cap companies may see significant price swings.
  • Sector concentration: Since the fund focuses solely on IT and Telecom sectors, it is more susceptible to downturns in these industries.4
  • Liquidity risk: Smaller companies may have lower trading volumes, making them more difficult to buy or sell quickly.

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