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Motilal Oswal BSE Enhanced Value Index Fund-Direct plan vs PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Direct Plan Growth Option
Motilal Oswal BSE Enhanced Value Index Fund- and PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund are both in the Index Funds category, from Motilal Oswal Asset Management Company Limited and PGIM India Asset Management Private Limite respectively. PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund has posted a higher 3-year rolling CAGR. PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund has the lower direct-plan expense ratio, by 0.06 percentage points.
| Motilal Oswal BSE Enhanced Value Index Fund-Direct plan | PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Direct Plan Growth Option | |
|---|---|---|
| Category | Index Funds | Index Funds |
| AMC | Motilal Oswal Asset Management Company Limited | PGIM India Asset Management Private Limite |
| Benchmark | BSE Enhanced Value Index TRI | CRISIL IBX Gilt Index - April 2028 |
| NAV | ₹25.3775 (2026-10-30) | ₹12.9 (2026-10-30) |
| AUM | ₹2,113.35 Cr | ₹20.426 Cr |
| Expense Ratio (Direct) | 0.52% | 0.46% |
| Inception | 2022-07-29 | 2023-02-02 |
Returns
PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund leads on 3-year rolling CAGR (7.1% vs Motilal Oswal BSE Enhanced Value Index Fund-'s 32.0%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
This fund tracks an index, so measuring alpha against that same index would only report its tracking error.
Portfolio Analytics
Punji Fund Health Score
PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, Motilal Oswal BSE Enhanced Value Index Fund- or PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund?
PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund's 3-year rolling CAGR of 7.1% is higher than Motilal Oswal BSE Enhanced Value Index Fund-'s 32.0%. PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund sits in the 5th percentile of its category on this metric, versus the 100th percentile for Motilal Oswal BSE Enhanced Value Index 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, Motilal Oswal BSE Enhanced Value Index Fund- or PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund?
PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund's direct-plan expense ratio is 0.06 percentage points lower than Motilal Oswal BSE Enhanced Value Index 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.
Why don't Motilal Oswal BSE Enhanced Value Index Fund- and PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund show risk metrics like Sharpe ratio or alpha?
This fund tracks an index, so measuring alpha against that same index would only report its tracking error. This is a deliberate methodology choice, not missing data - risk metrics like alpha and Sharpe ratio are most meaningful for actively-managed funds where a manager makes decisions that can add or subtract value versus a benchmark. For a fund that mechanically tracks an index, the equivalent useful metric is tracking error (how closely it follows its index), not alpha.
Which has higher AUM, Motilal Oswal BSE Enhanced Value Index Fund- or PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund?
Motilal Oswal BSE Enhanced Value Index Fund- has ₹2,113 Cr in assets under management, versus ₹20 Cr for PGIM India CRISIL IBX Gilt Index - Apr 2028 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, Motilal Oswal BSE Enhanced Value Index Fund- or PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund?
Motilal Oswal BSE Enhanced Value Index Fund- launched on 2022-07-29, making it older than PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund (launched 2023-02-02). 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 2026-11-01. Source: AMFI disclosures via Punji. Not investment advice.