COMPARE
ITI Mid Cap Fund - Direct Plan - Growth Option vs Motilal Oswal Midcap Fund-Direct Plan-Growth Option
ITI Mid Cap Fund and Motilal Oswal Midcap Fund- are both in the Mid Cap Fund category, from ITI Asset Management Limited and Motilal Oswal Asset Management Company Limited respectively. ITI Mid Cap Fund has posted a higher 3-year rolling CAGR. ITI Mid Cap Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
ITI Mid Cap Fund has the lower direct-plan expense ratio, by 0.02 percentage points.
| ITI Mid Cap Fund - Direct Plan - Growth Option | Motilal Oswal Midcap Fund-Direct Plan-Growth Option | |
|---|---|---|
| Category | Mid Cap Fund | Mid Cap Fund |
| AMC | ITI Asset Management Limited | Motilal Oswal Asset Management Company Limited |
| Benchmark | Nifty Midcap 150 TRI | Nifty Midcap 150 TRI |
| NAV | ₹23.5708 (2026-10-28) | ₹111.1353 (2026-10-28) |
| AUM | ₹1,380.83 Cr | ₹39,121.3 Cr |
| Expense Ratio (Direct) | 0.91% | 0.93% |
| Inception | 2021-02-15 | 2014-02-03 |
Returns
ITI Mid Cap Fund leads on 3-year rolling CAGR (25.2% vs Motilal Oswal Midcap Fund-'s 22.0%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
ITI Mid Cap Fund has been the more volatile of the two by standard deviation.
| ITI Mid Cap Fund - Direct Plan - Growth Option | Motilal Oswal Midcap Fund-Direct Plan-Growth Option | |
|---|---|---|
| 3Y Sharpe Ratio | 0.46 | 0.45 |
| 3Y Alpha | 4.0715% | 4.3361% |
| 3Y Std Deviation | 17.6619% | 17.2477% |
| 3Y Calmar Ratio | 0.68 | 0.52 |
Portfolio Analytics
Motilal Oswal Midcap Fund- carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
| ITI Mid Cap Fund - Direct Plan - Growth Option | Motilal Oswal Midcap Fund-Direct Plan-Growth Option | |
|---|---|---|
| P/E Ratio | 32.3793 | 42.0345 |
| P/B Ratio | 9.9087 | - |
| Dividend Yield | 0.6077% | 0.283% |
| Active Share | 58.88% | 81% |
| Portfolio Turnover | 118% | 94% |
| YTM | - | - |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
ITI Mid Cap Fund and Motilal Oswal Midcap Fund- carry the same Punji Quality grade.
Frequently asked questions
Which has a higher 3-year return, ITI Mid Cap Fund or Motilal Oswal Midcap Fund-?
ITI Mid Cap Fund's 3-year rolling CAGR of 25.2% is higher than Motilal Oswal Midcap Fund-'s 22.0%. ITI Mid Cap Fund sits in the 86th percentile of its category on this metric, versus the 62nd percentile for Motilal Oswal Midcap Fund- - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, ITI Mid Cap Fund or Motilal Oswal Midcap Fund-?
ITI Mid Cap Fund's direct-plan expense ratio is 0.02 percentage points lower than Motilal Oswal Midcap Fund-'s. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, ITI Mid Cap Fund or Motilal Oswal Midcap Fund-?
By standard deviation (a measure of how much a fund's returns swing around its own average), ITI Mid Cap Fund has been more volatile than Motilal Oswal Midcap Fund- over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (0.46 for ITI Mid Cap Fund vs 0.45 for Motilal Oswal Midcap Fund-) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, ITI Mid Cap Fund or Motilal Oswal Midcap Fund-?
Motilal Oswal Midcap Fund- has ₹39,121 Cr in assets under management, versus ₹1,381 Cr for ITI Mid Cap Fund. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which fund has a longer track record, ITI Mid Cap Fund or Motilal Oswal Midcap Fund-?
Motilal Oswal Midcap Fund- launched on 2014-02-03, making it older than ITI Mid Cap Fund (launched 2021-02-15). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.