Nippon India Growth Mid Cap Fund vs Motilal Oswal Midcap Fund
Updated June 2026 · both Mid Cap funds · metrics from AMFI NAVs
In short: Nippon India Growth Mid Cap Fund has the higher 3-year return (+22.72%); Nippon India Growth Mid Cap Fund has the lower expense ratio (0.74%); Nippon India Growth Mid Cap Fund has the better risk-adjusted return (Sharpe 0.93). This is analysis from past data, not a recommendation.
| Metric | Nippon India Growth Mid Cap Fund | Motilal Oswal Midcap Fund |
|---|---|---|
| 1Y return | +2.45% | -12.28% |
| 3Y CAGR | +22.72% | +17.03% |
| 5Y CAGR | +20.09% | +20.92% |
| Sharpe ratio | 0.93 | 0.90 |
| Max drawdown | -19.9% | -28.9% |
| Volatility | 16.5% | 18.1% |
| Alpha | +2.57% | -0.95% |
| Expense ratio (Direct) | 0.74% | 1.18% |
| AUM | ₹42.3K Cr | ₹34.4K Cr |
Winner on each row highlighted (lower is better for expense ratio and volatility; max drawdown closer to zero is better). Computed from AMFI NAVs - see methodology. No paid placement.
FAQ
Which has the lower expense ratio?
Nippon India Growth Mid Cap Fund has the lower Direct-plan expense ratio (0.74%), versus 1.18% for the other. Over long horizons a lower TER compounds into a meaningful difference.
Which has performed better over 3 years?
Nippon India Growth Mid Cap Fund has the higher 3-year CAGR (+22.72%). Past performance does not predict future returns - check volatility and drawdown too, shown above.
How are these figures calculated?
All returns, risk metrics and alpha are computed independently from AMFI daily NAVs using a disclosed methodology. FindMF takes no commission and this comparison is not a recommendation.