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Motilal Oswal ELSS Tax Saver Fund

18-Apr-2026
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The Motilal Oswal ELSS Tax Saver Fund is a popular Equity Linked Savings Scheme (ELSS) that combines tax-saving benefits under Section 80C with long-term wealth creation. It is known for its high-conviction portfolio and growth-focused strategy, making it suitable for investors looking to save tax while generating strong equity returns.


What is Motilal Oswal ELSS Tax Saver Fund?

This fund is a diversified equity mutual fund with a mandatory 3-year lock-in period, offering tax deductions up to ?1.5 lakh annually.

  • Category: ELSS (Tax Saving Fund)
  • Launch: 2014
  • Benchmark: Nifty 500 TRI
  • Risk Level: Very High
  • AUM: ?4,000+ Cr

Investment Strategy

The fund follows Motilal Oswal’s QGLP (Quality, Growth, Longevity, Price) philosophy:

  • Focus on high-growth companies
  • Concentrated portfolio (~30–40 stocks)
  • Strong tilt towards mid & small caps (~80%+)

Past Performance Comparison

Returns Snapshot 

Period                 Fund Return
1 Year                 ~0.8% – 10%
3 Year                 ~21% – 24%
5 Year                 ~16% – 19%

Long-Term Performance Insight

  • ~15–16% CAGR since launch
  • Money doubled approximately every 4 years
  • Strong performance during bull markets

Key Insight:

  • Short term: Volatile
  • Long term: High wealth creation potential

Portfolio Allocation Insight

  • Mid Cap: ~40–45%
  • Small Cap: ~35–40%
  • Large Cap: ~15–20%

Why Investors Prefer This Fund

  • High-growth oriented portfolio
  • Strong long-term returns
  • Tax-saving benefit under Section 80C
  • Focused strategy (not over-diversified)

Risks You Should Know

  • High volatility due to mid & small cap exposure
  • 3-year lock-in (no liquidity)
  • Can underperform in short-term or falling market

Who Should Invest?

This fund is suitable for:

  • Investors looking for tax saving + high returns
  • Long-term investors (5–10 years horizon)
  • Aggressive investors comfortable with volatility
  • SIP investors under old tax regime

When Does This Fund Perform Best?

  • During bull markets
  • When mid & small caps outperform
  • In long-term growth cycles

The Motilal Oswal ELSS Tax Saver Fund is a high-risk, high-reward ELSS option. It stands out due to its focused investment strategy and strong long-term performance, but requires patience and discipline.


Smart Investing with Expert Guidance

Choosing the right ELSS fund is crucial for both tax efficiency and wealth creation. Metaarth Finserve Pvt Ltd  provides expert, research-backed guidance to help you select the right tax-saving investments and optimize your portfolio.

With Metagrow  you can plan tax-saving goals, track investments, and invest in a disciplined way—ensuring maximum benefits with long-term growth.

One step can create a lasting difference.

AMFI Logo Registered Distributor: ARN- 257036

Disclaimer

Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a fund, or designing a portfolio that suits your needs. ARN - 257036

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