Motilal Oswal · Other ETFs

Motilal Oswal Nasdaq 100 ETF

Other Scheme - Other ETFs Regular plan riskometer: Very high benchmark: NASDAQ - 100 TRI launched 16 Mar 2011 open-ended

At a glance

the fund as it stands today, from public disclosures

NAV, 18 Sep 2026

₹277.82

+0.60% since 17 Sep 2026, the previous NAV

1 year

32.1%

return

3 years

32.7%

a year

5 years

21.2%

a year

Since launch

0.9%

a year, over 12.0 years

Assets (AUM)

₹13,853 Cr

Aug 2026 factsheet

Expense ratio, Direct / Regular

0.00% / 0.60%

a year, as of Aug 2026

Holdings

103

top ten are 46% of the fund · Aug 2026

Disclosed history

8.4 yrs

Mar 2018 – Aug 2026 · 4 of 11 checks could run

Fund managers

Dishant Mehta · since Oct 2025 · assistant managerSwapnil Mayekar · since Oct 2025

All managers →

What only Anveshan can tell you

measured from the disclosures, not quoted from a brochure — each links to how it was done

P5Cost, measured

Cannot be measured: needs both a Direct and a Regular growth class.

The Regular and Direct plans hold the same portfolio; the Regular one pays a distributor out of your money every day. The gap between the two NAVs is that cost, measured from the NAVs rather than quoted from a document.

See how it is measured →

P7Whose record

Run by Dishant Mehta for 11 mo

with Swapnil Mayekar. A return earned before they arrived is the house's record, not theirs — the tenure table shows the fund against its category over exactly their months.

Dishant Mehta's other funds →

NAVTracking gap

Not replicated: the portfolio cannot be priced line by line in this build.

Each day, the NAV the fund published against the NAV its last disclosed portfolio would have produced at that day's prices. A gap that opens and stays is a change the fund has made and not disclosed yet.

See the daily gap →

P4Consistency

Beat its category in 61% of three-year stretches, yet averaged −13.0 percentage points a year across all of them

109 rolling windows since 2014 · ahead by 12.3 percentage points a year when it won, behind by 52.0 when it lost. A single five-year figure depends on the day you look; the share of stretches won does not — and the average margin says whether winning often was worth anything.

See every window →

headline and record disagree 2 checks found the headline number and the underlying record pointing different ways — marked on the cards below.

NAV and drawdown

Regular plan class · as of 18 Sep 2026

Month-end NAV, indexed to 100 at Sep 2014

145 month-ends · ₹248.53 → ₹277.82, 1.1× since Sep 2014

Deepest fall (max drawdown)

−23.5%

18 Feb 2025 → 8 Apr 2025

Worst month

−9.8%

Mar 2025

Days to recover

from the deepest trough back to the old high

Drawdown is measured on the last year of daily NAV; trailing returns are CAGR of the regular growth class. A single end date decides them — the consistency card (P4) below is the record that does not, and it reports both how often the fund beat its category and by how much, because the first without the second can point the wrong way.

Holdings

Aug 2026 disclosure · 103 lines · when each was first held and the change over the last three disclosures

#	Holding	Sector	Weight	First held	Held for	3-mo change
1	Nvidia Corp Com foreign security	—	8.52%	Mar 2018	8.5 yrs	+0.36% points
2	Apple Inc foreign security	—	7.42%	Mar 2018	8.5 yrs	+0.14% points
3	Microsoft Corp foreign security	—	6.01%	Mar 2018	8.5 yrs	+0.69% points
4	MICRON TECHNOLOGY INC COM foreign security	—	4.76%	Mar 2018	8.5 yrs	−0.04% points
5	Amazon Com Inc foreign security	—	4.46%	Mar 2018	8.5 yrs	−0.16% points
6	Advanced Micro Devices Inc foreign security	—	3.38%	Dec 2018	7.8 yrs	−0.31% points
7	Alphabet Inc A foreign security	—	3.15%	Mar 2018	8.5 yrs	−0.37% points
8	Tesla Inc foreign security	—	2.93%	Mar 2018	8.5 yrs	−0.53% points
9	Alphabet Inc foreign security	—	2.92%	Mar 2018	8.5 yrs	−0.33% points
10	Broadcom Inc foreign security	—	2.80%	Apr 2018	8.4 yrs	−0.57% points
11	Meta Platforms Registered Shares A foreign security	—	2.70%	Mar 2018	8.5 yrs	−0.27% points
12	Walmart Inc foreign security	—	2.25%	Jan 2026	8 mo	−0.23% points
13	INTEL CORP foreign security	—	1.98%	Mar 2018	8.5 yrs	−0.53% points
14	CISCO SYS INC COM foreign security	—	1.92%	Mar 2018	8.5 yrs	−0.17% points
15	Palantir Technologies Inc foreign security	—	1.88%	Dec 2024	1.8 yrs	+0.31% points
16	Costco Wholesale Corp foreign security	—	1.84%	Mar 2018	8.5 yrs	−0.02% points
17	Lam Research Corp foreign security	—	1.66%	Oct 2024	1.9 yrs	−0.08% points
18	APPLIED MATLS INC COM foreign security	—	1.60%	Mar 2018	8.5 yrs	+0.03% points
19	Netflix Inc foreign security	—	1.50%	Mar 2018	8.5 yrs	−0.09% points
20	Palo Alto Networks foreign security	—	1.37%	Dec 2021	4.8 yrs	+0.36% points
21	Space Exploration Technologies Corporation foreign security	—	1.21%	Jul 2026	2 mo	+1.21% points
22	Texas Instruments Inc foreign security	—	1.05%	Mar 2018	8.5 yrs	−0.17% points
23	Crowdstrike Holdings Inc foreign security	—	1.04%	Aug 2021	5.1 yrs	+0.23% points
24	Sandisk Corporation foreign security	—	1.02%	Apr 2026	5 mo	−0.08% points
25	AMGEN INC foreign security	—	1.02%	Mar 2018	8.5 yrs	+0.22% points
26	KLA Corporation foreign security	—	1.01%	Mar 2018	8.5 yrs	−0.10% points
27	Linde PLC foreign security	—	1.00%	Mar 2024	2.5 yrs	−0.01% points
28	T-Mobile US Inc foreign security	—	0.86%	Mar 2018	8.5 yrs	−0.05% points
29	PEPSICO INC foreign security	—	0.84%	Jul 2018	8.2 yrs	−0.02% points
30	Seagate Technology Holdings PLC foreign security	—	0.82%	Dec 2025	9 mo	−0.02% points
31	Marvell Technology Group Ltd foreign security	—	0.82%	Apr 2021	5.4 yrs	+0.04% points
32	GILEAD SCIENCES INC foreign security	—	0.80%	Mar 2018	8.5 yrs	+0.07% points
33	Coinbase Global Inc -Class A foreign security	—	0.79%	May 2025	1.3 yrs	+0.15% points
34	QUALCOMM INC foreign security	—	0.79%	Mar 2018	8.5 yrs	−0.39% points
35	ANALOG DEVICES INC COM foreign security	—	0.78%	Mar 2018	8.5 yrs	−0.11% points
36	ASML Holding NV foreign security	—	0.68%	Mar 2018	8.5 yrs	+0.06% points
37	WESTERN DIGITAL CORP COM foreign security	—	0.68%	Dec 2025	9 mo	−0.11% points
38	Booking Holdings Inc foreign security	—	0.68%	Mar 2018	8.5 yrs	+0.10% points
39	VERTEX PHARMACEUTICALS INC COM USD0.01 foreign security	—	0.61%	Mar 2018	8.5 yrs	+0.11% points
40	Intuitive Surgical Inc foreign security	—	0.59%	Mar 2018	8.5 yrs	−0.07% points
41	Fortinet Inc foreign security	—	0.55%	Dec 2021	4.8 yrs	+0.10% points
42	Starbucks ORD foreign security	—	0.53%	Mar 2018	8.5 yrs	+0.03% points
43	Adobe Inc foreign security	—	0.52%	Mar 2018	8.5 yrs	+0.06% points
44	AUTOMATIC DATA PROCESS COM foreign security	—	0.50%	Mar 2018	8.5 yrs	+0.11% points
45	Arm Holdings Plc foreign security	—	0.45%	Jun 2024	2.3 yrs	+0.23% points
46	Constellation Energy Corp foreign security	—	0.44%	Feb 2022	4.6 yrs	−0.02% points
47	Intuit Inc foreign security	—	0.43%	Mar 2018	8.5 yrs	+0.03% points
48	MercadoLibre Inc foreign security	—	0.43%	Mar 2018	8.5 yrs	+0.05% points
49	AppLovin Corp foreign security	—	0.42%	Nov 2024	1.8 yrs	−0.41% points
50	DoorDash Inc foreign security	—	0.42%	Dec 2023	2.8 yrs	+0.13% points
51	Comcast Corp - Class A foreign security	—	0.42%	Mar 2018	8.5 yrs	+0.03% points
52	CSX Corp foreign security	—	0.41%	Mar 2018	8.5 yrs	+0.04% points
53	CADENCE DESIGN SYSTEM COM foreign security	—	0.41%	Mar 2018	8.5 yrs	−0.04% points
54	MARRIOTT INTERNATIONAL -CL A foreign security	—	0.40%	Mar 2018	8.5 yrs	−0.04% points
55	Monster Beverage Corp foreign security	—	0.40%	Mar 2018	8.5 yrs	+0.02% points
56	SYNOPSYS INC COM foreign security	—	0.37%	Mar 2018	8.5 yrs	−0.03% points
57	REGENERON PHARMACEUTIC COM foreign security	—	0.36%	Mar 2018	8.5 yrs	+0.08% points
58	CINTAS CORP COM foreign security	—	0.36%	Mar 2018	8.5 yrs	+0.06% points
59	Mondelez International Inc foreign security	—	0.35%	Mar 2018	8.5 yrs	+0.01% points
60	Datadog Inc foreign security	—	0.35%	Dec 2021	4.8 yrs	−0.01% points
61	Airbnb Inc foreign security	—	0.34%	Dec 2021	4.8 yrs	+0.09% points
62	ROSS STORES INC COM foreign security	—	0.32%	Mar 2018	8.5 yrs	−0.01% points
63	O'Reilly Automotive Inc foreign security	—	0.32%	Mar 2018	8.5 yrs	0.00% points
64	Warner Bros Discovery Inc foreign security	—	0.31%	Dec 2022	3.8 yrs	+0.02% points
65	Lumentum Holdings Inc foreign security	—	0.31%	May 2026	4 mo	+0.04% points
66	Honeywell International Inc foreign security	—	0.30%	Jun 2026	3 mo	+0.30% points
67	American Electric Power Co Inc foreign security	—	0.29%	Dec 2020	5.8 yrs	−0.01% points
68	PACCAR INC COM foreign security	—	0.29%	Mar 2018	8.5 yrs	+0.04% points
69	Baker Hughes Co foreign security	—	0.28%	Dec 2022	3.8 yrs	0.00% points
70	Monolithic Power Systems Inc foreign security	—	0.27%	Dec 2025	9 mo	−0.07% points
71	NXP Semiconductors N.V. foreign security	—	0.25%	Nov 2018	7.8 yrs	−0.11% points
72	FASTENAL CO foreign security	—	0.25%	Mar 2018	8.5 yrs	+0.03% points
73	Diamondback Energy Inc foreign security	—	0.25%	Dec 2022	3.8 yrs	+0.01% points
74	PINDUODUO INC-ADR foreign security	—	0.25%	Sep 2020	6.0 yrs	0.00% points
75	Teradyne Inc foreign security	—	0.24%	Jun 2026	3 mo	+0.24% points
76	AUTODESK INC COM foreign security	—	0.24%	Mar 2018	8.5 yrs	+0.02% points
77	Astera Labs Inc foreign security	—	0.22%	Jun 2026	3 mo	+0.22% points
78	Honeywell Aerospace Inc foreign security	—	0.22%	Jun 2026	3 mo	+0.22% points
79	Coca-Cola Europacific Partners foreign security	—	0.21%	Dec 2023	2.8 yrs	+0.03% points
80	XCEL ENERGY INC COM foreign security	—	0.21%	Nov 2018	7.8 yrs	−0.01% points
81	Paypal Holdings Inc foreign security	—	0.20%	Mar 2018	8.5 yrs	+0.02% points
82	Axon Enterprise Inc foreign security	—	0.20%	Dec 2024	1.8 yrs	+0.04% points
83	PAYCHEX INC COM foreign security	—	0.20%	Mar 2018	8.5 yrs	+0.05% points
84	Nebius Group N.V. foreign security	—	0.20%	Jun 2026	3 mo	+0.20% points
85	EXELON CORP foreign security	—	0.20%	Nov 2019	6.8 yrs	0.00% points
86	Microstrategy Inc foreign security	—	0.19%	Dec 2024	1.8 yrs	−0.03% points
87	IDEXX Laboratories Inc foreign security	—	0.19%	Mar 2018	8.5 yrs	−0.01% points
88	Keurig Dr Pepper Inc foreign security	—	0.19%	Oct 2020	5.9 yrs	+0.01% points
89	Roper Technologies Ord foreign security	—	0.19%	Dec 2023	2.8 yrs	+0.04% points
90	Ferrovial SE foreign security	—	0.19%	Dec 2025	9 mo	−0.02% points
91	Old Dominion Freight Line Inc foreign security	—	0.18%	Jan 2022	4.7 yrs	−0.03% points
92	Thomson Reuters Corp foreign security	—	0.18%	May 2026	4 mo	+0.01% points
93	TAKE-TWO INTERACTIVE S COM foreign security	—	0.18%	Dec 2023	2.8 yrs	0.00% points
94	Microchip Technology Inc foreign security	—	0.18%	Mar 2018	8.5 yrs	−0.04% points
95	Workday Inc foreign security	—	0.17%	Mar 2018	8.5 yrs	+0.03% points
96	CoreWeave Inc foreign security	—	0.17%	Jun 2026	3 mo	+0.17% points
97	Rocket Lab Corporation foreign security	—	0.16%	Jun 2026	3 mo	+0.16% points
98	Dexcom Inc foreign security	—	0.15%	Apr 2020	6.4 yrs	+0.03% points
99	GE Healthcare Technologies Inc. foreign security	—	0.14%	Jun 2023	3.3 yrs	+0.02% points
100	Alnylam Pharmaceuticals Inc foreign security	—	0.14%	Dec 2025	9 mo	−0.04% points
101	Copart foreign security	—	0.13%	Dec 2019	6.8 yrs	−0.01% points
102	The Kraft Heinz Company foreign security	—	0.13%	Mar 2018	8.5 yrs	+0.01% points
103	TREPS / cash equivalents Net Receivables / (Payables) · cash equivalent	—	0.11%	Sep 2020	6.0 yrs	+0.05% points

Showing 1–103 of 103 rows per page10 25 50all

Largest sectors, latest disclosure

Not yet computable. Sector labels come from the disclosures; none were mapped for this fund.

By market cap, latest disclosure

Not yet computable. Needs cap tiers for every holding.

The seven checks, in full

each: the plain claim, where it sits in the category, and — folded — how it is measured and the case against. A flag fires only where headline and record disagree.

P4 Consistency, not a single end date headline and record disagree

Beat its category in 61% of three-year stretches, yet averaged −13.0 percentage points a year across all of them

109 rolling windows since 2014 · ahead by 12.3 percentage points a year when it won, behind by 52.0 when it lost

What this means. Take every three-year stretch since the fund had a NAV, one starting each month, and ask two things of each: did it beat the typical fund in its category, and by how much. Counting the wins tells you the record does not depend on when you happen to look; averaging the margin tells you whether winning often was worth anything, because four small wins do not pay for one large loss.

How often, and by how much. It won more windows than it lost, but the losses were bigger. Ahead by 12.3 percentage points a year in the 66 windows it won and behind by 52.0 in the 43 it lost, so the average across all 109 is −13.0 percentage points. The worst window ended Mar 2023, 71.0 percentage points behind. The typical window was +6.3 percentage points, far from the average, so a few windows are carrying it. Read only the share of windows won and you read this fund backwards.

Why this matters: Can a fund beat its category most of the time and still be behind? 7 min

61%

lowest in categoryhighest in category

69th percentile · above median of 122 funds · category median 30%

windows measured109windows won66average across every window−13.02% points a year · median +6.29when ahead, by how much+12.35% points a year over 66 windowswhen behind, by how much−51.96% points a year over 43 windowsworst window−70.96% points a year, ended Mar 2023best window+25.80% points a year, ended Aug 2020non-overlapping windows in that span4 — the rolling count overlaps, this does not

Fund minus category, each rolling three-year window

ahead of categorybehind

Each bar is one window's margin in percentage points a year. The height of the bars, not the count of green ones, is what the average across every window measures.

A modest five-year number over a record that beat its category 61% of the time. Rolling every three-year window forward month by month gives hundreds of overlapping observations instead of one. This fund was ahead of its category median in 61% of them, which points the opposite way to the headline figure. A single end date decided that headline.

How it is measured, and the case against

A fund that beats its category in most rolling three-year windows has a record; one that beats it in a few has an end date. How often it won and by how much are different questions, and this card answers both, because a fund can win four windows in five and still be behind across all five.

How often has it beaten its category, across every window?

Why this might matterRolling every three-year window forward month by month gives hundreds of overlapping observations instead of one. A single end date decides a headline five-year figure; the share of windows won cannot be flattered by when you happen to look. The average margin across every window is that share and the payoff multiplied together — win share x average beat plus loss share x average shortfall is exactly the average — so a high share bought with a few ruinous windows cannot hide behind the count.

Why it might notRolling windows overlap heavily, so they are not independent observations and the true sample is far smaller than the count suggests.

P5 Cost, measured

Not measurable yet. Needs a Direct and a Regular growth class with overlapping NAV history.

What this means. The Regular and Direct plans hold the same portfolio; the Regular one pays a distributor out of your money every day. The gap between the two NAVs is that cost, measured from the NAVs rather than quoted from a document.

Why this matters: What does a Regular plan actually cost? 6 min

How it is measured, and the case against

The Direct plan is the same portfolio, priced differently; the divergence of the two NAVs is the cost, measured rather than quoted.

What does the Regular plan actually cost against its Direct twin?

Why this might matterSame manager, same holdings, same day. The gap between the two NAV series is the one number on this page that is knowable today rather than hoped for, and it compounds for as long as the units are held.

Why it might notA Regular plan buys advice. If that advice stops someone selling in a drawdown it can be worth more than the fee — the cost is visible and the behavioural saving is not, which makes this comparison unfair in exactly one direction.

P1 Churn, and what it bought

Not measurable yet. Needs at least two consecutive monthly disclosures.

What this means. How much of the portfolio was bought and sold in a year, computed from what the fund disclosed each month. Trading costs something certain; the extra return it is meant to buy is not.

Why this matters: What does a monthly portfolio not tell you? 6 min

How it is measured, and the case against

Turnover measured from consecutive disclosures — Σ|Δweight|/2 — costs something certain; the excess return it is meant to buy is not.

Is the trading paying for itself?

Why this might matterAMCs define their own turnover figure inconsistently. This one is computed from what the fund disclosed month to month, so two funds are comparable on it. Read it beside the excess return per unit of turnover.

Why it might notTurnover computed from month-end snapshots misses everything bought and sold inside a month, and a fund forced to sell by redemptions is charged for churn it did not choose.

P2 Conviction or inertia

Not measurable yet. Needs the holdings history for this fund; not computed yet.

What this means. How long a typical top-10 position has been in the top ten. Long-held positions are a decision; a top ten that changes every quarter is a reaction.

How it is measured, and the case against

The median months a top-10 position has been held separates a portfolio somebody chose from one that drifted.

How long does a top-10 position stay a top-10 position?

Why this might matterConcentration is how a manager expresses conviction, and persistence is how long they keep it. Long-held positions with a rising weight are a decision; a top ten that turns over every quarter is a reaction.

Why it might notPersistence without active share is inertia: a portfolio of 166 names that tracks its category closely has diversified away the reason to pay for it. Active share needs index constituent files, which are not loaded yet.

P3 Hit rate of the top ten

Not measurable yet. Detector not yet written: needs each disclosure's top ten joined to six months of forward prices. Holdings and prices are in hand.

What this means. Take each month's ten largest holdings and check whether each one beat the typical stock its category holds over the next six months, and by how much. A blended return can hide two wins and eight losses; a count of wins can hide one position that lost half its value.

Why this matters: Can a fund beat its category most of the time and still be behind? 7 min

How it is measured, and the case against

A manager's largest bets, judged one by one over the following six months, say more than the fund's blended return — and how far each one beat or missed the median stock says more than counting how many did.

Of its top-10 positions, how often did they beat the category-median stock?

Why this might matterA fund can beat its category on two positions and lose on eight; the hit rate shows the pattern the aggregate hides. The average margin then shows what the hit rate hides in turn: six winners worth a point each do not pay for four losers worth ten, and only the margin says which happened.

Why it might notSix months is short, sizing matters more than counting, and a manager who is right on the biggest position and wrong on nine small ones has done their job — the margins here are unweighted, so they answer the counting question better, not the sizing one. Overlapping disclosures judge the same position again each month it is held, so one long-held winner is counted many times. And this is a description of six months already past, not a forecast of the next six.

P6 Size against edge

₹13,853 Cr; 1% of growth came from outflows

Regular plan expense ratio 0.60% a year

What this means. Where the fund sits by size in its category, and how much of its growth was money arriving rather than the portfolio compounding. A very large fund cannot buy what a small one can; size should buy a lower fee in return.

0.60% TER

costliestcheapest

12th percentile · bottom quartile of 230 funds · category median 0.16%

expense ratio, Regular / Direct0.60% / 0.00% · category median 0.16%AUM, Aug 2023 → Aug 2026₹6,358 Cr → ₹13,853 Cr (+30% a year)of that change, from flows rather than returns1% net outflows · NAV +119% over the window

Assets under management, ₹ crore, Mar 2011 – Aug 2026

110 points · months without a factsheet figure use AMFI's quarterly average · Regular-plan expense ratio 1.72% in Jun 2018 → 0.60% in Sep 2026

How it is measured, and the case against

Past a certain size the smaller end of a mandate becomes unreachable, and the fund starts to look like its index; what size should buy in return is a lower expense ratio.

Has the fund outgrown the universe it invests in — and did size buy a lower fee?

Why this might matterSize narrows what the manager can meaningfully hold and should lower what the investor pays. Read the AUM history beside the expense ratio: a fund that has tripled through inflows while its Regular-plan TER sits above the category median has kept the benefit of scale for the house. The flow decomposition says how much of the growth was money arriving rather than the portfolio compounding.

Why it might notScale funds research teams, and plenty of large funds have gone on compounding for decades. Inflows follow performance, so a fund growing fast is usually one that did well; the constraint is real but not automatically binding, and a TER is a ceiling the AMC can cut at any time.

P7 Whose record is this headline and record disagree

Run by Dishant Mehta for 11 mo

with Swapnil Mayekar

What this means. How long the people running it now have been running it, read from the monthly factsheets. A five-year record earned under someone else is not evidence about these managers.

Why this matters: Whose record is the three-year number? 5 min

11 mo · Dishant Mehta

newest teamlongest-serving

33th percentile · below median of 123 funds · category median 1.5 yrs

running it nowDishant Mehta (since Oct 2025), Swapnil Mayekar (since Oct 2025)share of the fund's life under the longest-serving current manager6%changes of hands in the archive3 — last Oct 2025

Who ran it, month by month · factsheets through Sep 2026

running it nowearlier

Manager	Role	From	To	Fund vs category, those months	3-yr stretches won in tenure
Dishant Mehta	assistant manager	Oct 2025*	now	28.1% vs 3.7% (+24.32% points)	—
Swapnil Mayekar	fund manager	Oct 2025*	now	28.1% vs 3.7% (+24.32% points)	—
Herin Visaria	fund manager	by Oct 2020†	Jul 2021	−86.6% vs 40.7% (−127.37% points)	—
Ankush Sood	fund manager	Aug 2021	Jun 2024	14.1% vs 18.1% p.a. (−4.07% points)	—
Sunil Sawant	fund manager	Jul 2024	Sep 2025	26.0% vs 2.3% p.a. (+23.75% points)	—

* dated by first appearance in the archive we hold, not by a date the factsheet printed. † already named on the first factsheet we hold: the stint is at least this long, and its start is not known. Co-managed months count for every manager named; a factsheet names the manager of record, not who made each call. All managers →

The 5-year record predates everyone currently running it. The longest-serving manager on this scheme has been in place about 1.0 years, against a 5-year figure on display. Dishant Mehta joined roughly 1.0 years ago. A record earned under different people is not evidence about these ones.

How it is measured, and the case against

A record earned under different people is not evidence about these ones.

Does the displayed record predate the people running it?

Why this might matterA five-year figure on a fund whose longest-serving manager joined two years ago is the house's record more than the person's. The tenure here comes from what each monthly factsheet named, so a change of hands is dated to the month it was disclosed, and the fund's return against its category can be read over exactly those months.

Why it might notFund houses have processes, research desks and mandates that outlast individuals, so a manager change is not a reset. It does mean the displayed record is the house’s more than the person’s.

Tracking gap

the NAV the fund published, against the NAV its last disclosed portfolio would have produced at each day's prices

No signal. About 100% of this fund is outside listed Indian equity — a foreign or derivative sleeve, or debt — and there are no daily prices to replicate it with. A wrong signal would be worse than none.

Share classes

latest NAV per AMFI code

Plan	Option	NAV	Date
regular Motilal Oswal Nasdaq 100 ETF (MOFN100)	—	₹277.82	18 Sep 2026

The Direct / Regular gap, in money

This fund does not have both a Direct and a Regular growth class in the data, so the gap cannot be measured.

A Regular plan buys advice. The fee is visible and the behavioural saving is not; both are shown, neither is netted off.

Compare with

same category, by size

SBI Nifty 50 ETF SBI BSE SENSEX ETF Nippon India ETF Nifty 50 BeES ICICI Prudential Nifty 50 ETF pick any fund…