Should I invest in Motilal Oswal ELSS Tax Saver Fund Direct?

We don't give personal investment advice. Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 30.3%. 5-year CAGR: 11.43%.

Motilal Oswal

Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout

Latest NAV

₹38.4424

As of

3 Jun 2026

2,796 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.73%	+0.12%	+0.62	3 / 76	Q1
1W	-0.11%	-1.31%	+1.20	10 / 76	Q1
2W	+1.69%	+0.08%	+1.61	5 / 76	Q1
1M	+0.12%	-0.99%	+1.10	10 / 76	Q1
3M	+4.31%	-0.23%	+4.55	15 / 76	Q1
6M	-2.92%	-4.25%	+1.33	18 / 76	Q1
YTD	-0.79%	-3.63%	+2.83	15 / 76	Q1
1Y	-2.50%	+1.70%	-4.20	31 / 76	Q2
2Y	+2.76%	+3.10%	-0.33	25 / 75	Q2
3Y	+16.53%	+10.95%	+5.57	9 / 75	Q1
4Y	+16.11%	+11.02%	+5.08	14 / 69	Q1
5Y	+11.43%	+10.65%	+0.78	25 / 65	Q2
7Y	+12.79%	+11.69%	+1.10	20 / 63	Q2
10Y	+12.67%	+10.10%	+2.57	7 / 46	Q1
Inception	+12.45%	+10.74%	+1.71	22 / 76	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-0.79%	-5.99%	+5.20	10 / 70
2025	-13.41%	+2.19%	-15.59	70 / 70
2024	+40.00%	+16.51%	+23.49	2 / 70
2023	+29.84%	+24.04%	+5.79	15 / 68
2022	-4.04%	+1.46%	-5.50	57 / 65
2021	+28.03%	+33.28%	-5.24	29 / 68
2020	+10.23%	+13.91%	-3.67	40 / 68
2019	+12.01%	+5.99%	+6.02	29 / 66
2018	-12.87%	-7.59%	-5.29	39 / 56
2017	+39.54%	+29.87%	+9.67	7 / 50
2016	+12.49%	+1.05%	+11.44	3 / 46

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+14.63%

127 windows

min -24.9% · max 67.6%

69% positive

3-Year rolling

+12.85%

102 windows

min -6.8% · max 24.7%

92% positive

5-Year rolling

+12.53%

78 windows

min 2.1% · max 22.3%

100% positive

7-Year rolling

+12.19%

54 windows

min 8.8% · max 15.5%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

20.87%

3-year · annualised

Sharpe ratio

0.53

vs risk-free 6.5%

Sortino ratio

0.79

Downside-only deviation

Max drawdown

-30.34%

Dec 2024 → Apr 2025

% positive months

66.7%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in ELSS

Scheme	Fund house	NAV	As of
HDFC ELSS Tax saver - IDCW Option - Direct Plan	HDFC	₹88.8430	3 Jun 2026
NIPPON INDIA ELSS TAX SAVER FUND - DIRECT Plan - ANNUAL IDCW Option	Nippon India	₹21.9652	3 Jun 2026
SBI ELSS Tax Saver Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹113.4965	3 Jun 2026
ICICI Prudential ELSS Tax Saver Fund - Direct Plan - IDCW	ICICI Prudential	₹43.2500	3 Jun 2026
Invesco India ELSS Tax Saver Fund - Direct Plan - IDCW Payout	Invesco	₹30.0200	3 Jun 2026
BANDHAN ELSS Tax Saver Fund - Direct Plan - IDCW	Bandhan	₹40.0710	3 Jun 2026
quant ELSS Tax Saver Fund - IDCW Option - Direct Plan	Quant	₹59.0826	3 Jun 2026
Aditya Birla Sun Life ELSS Tax Saver Fund-DIRECT - IDCW	Aditya Birla Sun Life	₹417.8400	3 Jun 2026
Franklin India ELSS Tax Saver Fund - Direct - IDCW	Franklin India	₹67.3238	3 Jun 2026
Mirae Asset ELSS Tax Saver Fund - Direct Plan - IDCW	Mirae Asset	₹25.6530	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹38.4424
2 Jun 2026	₹38.3083
1 Jun 2026	₹38.0297
29 May 2026	₹38.3035
27 May 2026	₹38.5479
26 May 2026	₹38.3508
25 May 2026	₹38.1309
22 May 2026	₹37.7849
21 May 2026	₹37.8736
20 May 2026	₹37.8579

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout is ₹38.4424. It's a ELSS from Motilal Oswal, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout has NAV history starting from 22 Jan 2015, a track record of about 11 years 4 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout is managed by Motilal Oswal. It's classified by AMFI under the 'ELSS' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout has delivered a absolute return of -2.50% — -4.2 pp behind the ELSS category average of 1.70%. The fund ranks #31 of 76 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout has delivered a CAGR of 16.53% — +5.57 pp ahead of the ELSS category average of 10.95%. The fund ranks #9 of 75 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout has delivered a CAGR of 11.43% — +0.78 pp ahead of the ELSS category average of 10.65%. The fund ranks #25 of 65 in its category — the second (Q2) quartile.

₹1 lakh invested in Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout exactly 10 years ago would be worth approximately ₹329,746 today — a multiplier of 3.30×, based on the 10-year CAGR of 12.67%. The category average over the same window would have grown ₹1 lakh to ₹261,744.

A ₹10,000 monthly SIP in Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout over the last 5 years — total invested ₹600,000 — would be worth ₹788,054 today. That's an XIRR (money-weighted annualised return) of 10.84%.

A ₹10,000 monthly SIP for 10 years in Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout = ₹1,200,000 invested. It would currently be worth ₹2,230,868 (multiplier 1.86×). XIRR: 11.91%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout ranks #25 out of 65 funds in the ELSS category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 10.65%; this fund delivered 11.43%.

The worst peak-to-trough decline Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout has experienced over the last 5-year window is 30.34% — its NAV fell from a high on 16 Dec 2024 to a low on 07 Apr 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout averaged 12.53% (best 22.30%, worst 2.07%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.34 — weak risk-adjusted performance.

In calendar year 2025, Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout returned -13.41% — lagging the ELSS category average of 2.19% by 15.59 pp. It ranked #70 of 70 in its category that year.

Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 30.3%. 5-year CAGR: 11.43%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.