Motilal Oswal Nasdaq 100 Fund of Fund- Direct Plan Growth

Motilal Oswal Nasdaq 100 Fund of Fund- Direct Plan Growth ranks among the stronger performers in the Flexi Cap category, backed by a 5-star rating. Consistent 3-year performance combined with a strong rating makes this one of the more credible options in its space. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 91/100.

Cost: At 0.47%, the expense ratio is meaningfully cheaper — about 49% below the Flexi Cap category average of 0.93% (based on 297 comparable funds). Lower costs compound in your favour over long holding periods.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a strong Sharpe ratio of 2.82 — the fund has generated solid returns relative to the volatility it exposed investors to. Separately, with 22.82% annualised volatility, this is among the more turbulent funds in its space — expect sharp swings in both directions.

Who should invest: This fund is best suited to investors who want the fund manager to freely allocate across large, mid and small caps rather than being boxed into one segment. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.