Motilal Oswal Contra Fund NAV Dips: Management & Key Details

The Motilal Oswal Contra Fund Direct-Growth recorded a marginal decrease in its Net Asset Value (NAV), falling by 0.66% to 10.4134 as of July 23, 2026. This movement reflects the daily performance of the open-ended Equity: Value Oriented fund.

Incepted on May 29, 2026, the fund operates with specific guidelines regarding investor engagement and performance measurement. It aims to provide value-oriented equity exposure within its defined structure.

Fund Key Specifications

• Inception Date: May 29, 2026
• Entry Load: None for new investments.
• Exit Load: A charge of 1% applies if units are redeemed within 365 days from the date of allocation.
• Benchmark: Performance is measured against the NIFTY 500 Total Return Index.
• Minimum Investment (Initial & Subsequent): Investors can begin with a minimum of ₹500.

The fund’s investment strategy is guided by a team of three experienced fund managers, all of whom commenced their roles in May 2026. Their collective expertise underpins the fund’s portfolio management.

Meet the Fund Managers

• Varun Sharma: An alumnus of Sukhdev College of Business Studies and IIM – Calcutta, Mr. Sharma previously contributed to Franklin Templeton Asset Management and ICICI Securities.
• Ankit Agarwal: Holding degrees in Computer Science, Engineering, Economics Management, and PGDM Finance, Mr. Agarwal’s prior experience includes tenures at UTI Mutual Fund, Centrum Capital Ltd, and Barclays.
• Rakesh Shetty: A B.Com graduate, Mr. Shetty’s professional background encompasses capital market businesses, with a focus on equity and debt ETFs and product development.

For investors seeking structured capital deployment, both Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP) options are readily available. These options facilitate disciplined investment within the fund’s framework.