Motilal Oswal Contra Fund

Regular plan – Growth

Other options

The page shows the Growth option. The Regular plan’s other options have their own codes.

Option	AMFI code	ISIN
Growth (this page)	154338	INF247L01GZ9
IDCW	154339	INF247L01HB8, INF247L01HA0

Contra Fund Motilal Oswal Mutual Fund

Open-ended. Launched on 29 May 2026.

NAVNAV Net asset value: the value of one unit of the scheme, which the fund house works out at the end of each business day.: Data delayed
AssetsAssets The market value of everything the scheme holds, less what it owes, as the fund house discloses it at each month-end.: ₹407 cr; 30 Sep 2026
BenchmarkBenchmark The market index the fund house names in the SID as the measure the scheme is compared against.: NIFTY 500 Total Return Index; as the SID names it
Riskometer: Very High; read by Felix on 28 Oct 2026

Read SID/KIM on AMC site

The SID and KIM are the final reference for every fact on this page.

Find a mutual fund distributor

Investments made through a mutual fund distributor are in the Regular plan, which includes distributor commission

The fund house also offers a Direct plan of this scheme, whose expenses are lower to the extent of the distribution commission.

Assets: the fund house’s month-end disclosure of 30 Sep 2026. Benchmark: the SID.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

4 changes in the last 12 months: Re-opened for everyday purchases, 4 Jun 2026; Launched, 29 May 2026; NFO closed, 22 May 2026; NFO opened, 8 May 2026. See what changed

What it is

SEBI’s rule for a Contra Fund: at least 80% in shares, chosen with a contrarian investment strategy. Source: SEBI

What the SID allows it to holdSID Scheme information document: the scheme’s offer document, which sets out its objective, asset allocation, risks and expenses.

Equityallowed 80% to 100%

Debtallowed 0% to 20%

Money marketallowed 0% to 20%

Commoditiesallowed 0% to 20%

Source: the SID’s asset allocation, from fund house disclosures.

Riskometer

The risk of the scheme is Very High

As read by Felix on 28 Oct 2026. Fund houses review this level every month, and the fund house’s latest disclosure prevails: Riskometer disclosures, Motilal Oswal Mutual Fund

Low
Low to Moderate
Moderate
Moderately High
High
Very High

Benchmark: NIFTY 500 Total Return Index. Its riskometer is published monthly by the fund house: Riskometer disclosures, Motilal Oswal Mutual Fund

Source: fund houses’ disclosures.

Who runs it

Bars on one scale, from the scheme’s launch. Other schemes A to Z. Source: fund house disclosures, as of 28 Oct 2026.

Codes and identity

from the SID and AMFI

Fund house: Motilal Oswal Mutual Fund
SEBI category: Contra Fund
Plan and option: Regular plan – Growth
Structure: Open-ended
Launched: 29 May 2026
AMFI code, Growth: 154338
ISIN, Growth: INF247L01GZ9
Registrar: KFin Tech
Fund house website: motilaloswalmf.com ↗

Motilal Oswal Mutual Fund

Motilal Oswal Mutual Fund runs 59 schemes in their Regular plan: 21 equity, 2 debt, 2 hybrid, 25 index funds and ETFs, 9 other.

11 fund managers, in their current schemes for 1 year 10 months on average.

8 schemes launched in the last 12 months.

Source: fund houses’ disclosures, as of 28 Oct 2026.

Buying and selling

Entry load: Nil, since 1 Aug 2009
Stamp duty: 0.005% of the amount invested, since 1 Jul 2020
Applicable NAV: That business day’s, when the application and the money reach the fund house by the 3 pm cut-off; after it, the next business day’s
Redemption money: Within 3 working days of the redemption request

Sources: SEBI for the entry load, cut-off and redemption timeline; Ministry of Finance for stamp duty.

The category: Contra Fund

All 6 schemes

6 schemes in their Regular plan, from 6 fund houses.

Schemes 1 to 6 of 6, A to Z; this scheme is marked.Schemes 2 to 6 of 6, A to Z; this scheme is marked.

Schemes in this category, A to Z
Scheme	Benchmark	Assets, ₹ cr (30 Sep 2026)	SIP from, ₹	Launched
Bandhan Contra Fund	BSE 500 Total Return Index	1,712	Not reported	2026
ICICI Prudential Contra Fund	NIFTY 500 Total Return Index	Not reported	Not reported	2026
Invesco India Contra Fund	BSE 500 Total Return Index	19,248	100	2007
Kotak Contra Fund	NIFTY 500 Total Return Index	5,196	100	2005
Motilal Oswal Contra Fund	NIFTY 500 Total Return Index	407	Not reported	2026
SBI Contra Fund	BSE 500 Total Return Index	45,068	500	2005

Schemes in this category, A to Z
Scheme	Benchmark	Assets, ₹ cr (30 Sep 2026)	SIP from, ₹	Launched
ICICI Prudential Contra Fund	NIFTY 500 Total Return Index	Not reported	Not reported	2026
Invesco India Contra Fund	BSE 500 Total Return Index	19,248	100	2007
Kotak Contra Fund	NIFTY 500 Total Return Index	5,196	100	2005
Motilal Oswal Contra Fund	NIFTY 500 Total Return Index	407	Not reported	2026
SBI Contra Fund	BSE 500 Total Return Index	45,068	500	2005

Show all 6 schemes

Schemes in this category, A to Z
Scheme	Benchmark	Assets, ₹ cr (30 Sep 2026)	SIP from, ₹	Launched
Bandhan Contra Fund	BSE 500 Total Return Index	1,712	Not reported	2026
ICICI Prudential Contra Fund	NIFTY 500 Total Return Index	Not reported	Not reported	2026
Invesco India Contra Fund	BSE 500 Total Return Index	19,248	100	2007
Kotak Contra Fund	NIFTY 500 Total Return Index	5,196	100	2005
Motilal Oswal Contra Fund	NIFTY 500 Total Return Index	407	Not reported	2026
SBI Contra Fund	BSE 500 Total Return Index	45,068	500	2005

Regular plan – Growth for every scheme. Source: fund houses’ disclosures; assets at month-end 30 Sep 2026; SIP minimums as read by Felix on 28 Oct 2026; benchmarks as each SID names them.

What changed

4 Jun 2026Re-opened for everyday purchases
29 May 2026Launched
22 May 2026NFO closed
8 May 2026NFO opened

Source: fund house disclosures and SEBI.

Documents

KIM Key information memorandum: the short summary of the SID that comes with every application form.

Motilal Oswal Mutual Fund publishes the scheme’s documents on its website:

Scheme information document (SID)
Key information memorandum (KIM)
Monthly factsheet
Monthly portfolio disclosure

Read SID/KIM on AMC site

Felix links to the fund house’s own copies and never copies them.

Questions about this fund

Who manages it, and since when?

Ankit Agarwal, since 8 May 2026 (Fund manager); Bhalchandra Shinde, since 8 May 2026 (Fund manager); Rakesh Shetty, since 8 May 2026 (Fund manager, debt); Swapnil P Mayekar, since 8 May 2026 (Fund manager, foreign securities); Varun Sharma, since 8 May 2026 (Fund manager). Source: Motilal Oswal Mutual Fund’s disclosures.

What is its benchmark?

NIFTY 500 Total Return Index, as the SID names it. Felix shows the benchmark by name only.

When was it launched, and what was it called before?

It was launched on 29 May 2026.

How do I invest in it?

Read the SID and KIM on Motilal Oswal Mutual Fund’s website first. A mutual fund distributor can place your application in this scheme’s Regular plan. Investments made through a mutual fund distributor are in the Regular plan, which includes distributor commission.

What does “Regular plan – Growth” mean?

The Regular plan is the one bought through a distributor; its expenses include the distributor’s commission. In the Growth option, gains stay in the NAV and nothing is paid out.

Where are its documents?

On Motilal Oswal Mutual Fund’s website: the scheme information document (SID), the key information memorandum (KIM) and the monthly factsheet.