Motilal Oswal Balance Advantage Fund
The fund has pivoted toward a heavy equity stance at 73.7%, signaling renewed conviction in market strength while maintaining a defensive cash buffer. The portfolio shows concentrated exposure to quality financials and healthcare, with substantial tactical inflows into infrastructure plays like L&T and cement, suggesting the manager anticipates sustained economic growth. However, the significant reduction in receivables and exits from April futures contracts indicate profit-taking from stretched valuations, a measured approach balancing optimism with prudence.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹17.8456 | +1.25% | -1.97% | -12.32% | -4.11% | +5.14% | +4.36% |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| TRP_040526 | 10.96% |
| 7.4091% HDB Fin. Serv Ltd Tr 1 (MD 05/06/2028) | 3.37% |
| Larsen & Toubro Ltd | 2.44% |
| Ultratech Cement Ltd | 2.49% |
| COFORGE_26/05/2026 | -2.07% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | TRP_040526 CBLO | 10.96% |
| 2 | Net Receivables / (Payables) | 7.33% |
| 3 | ICICI Bank Ltd INE090A01021 | 6.88% |
| 4 | Eternal Limited INE758T01015 | 5.57% |
| 5 | Coforge Limited INE591G01025 | 5.56% |
| 6 | Shaily Engineering Plastics Limited INE151G01028 | 5.12% |
| 7 | NTPC Ltd INE733E01010 | 4.85% |
| 8 | Bharti Airtel Ltd INE397D01024 | 4.58% |
| 9 | Indusind Bank Ltd INE095A01012 | 3.60% |
| 10 | Torrent Pharmaceuticals Ltd INE685A01028 | 3.53% |
| 11 | ICICI Prudential Asset Management Company Limited INE346A01027 | 3.40% |
| 12 | 7.3763% Bajaj Fina NCD (MD 26/06/2028) INE296A07TJ4 | 3.37% |
| 13 | 7.4091% HDB Fin. Serv Ltd Tr 1 (MD 05/06/2028) INE756I07FG5 | 3.37% |
| 14 | 7.1554% Kotak Mah Prim Ltd NCD (MD19/06/28) INE916DA7TA4 | 3.36% |
| 15 | 7.88% Muthoot Finance Ltd 45-B OpI (MD 22/11/2028) INE414G07JS2 | 3.36% |
| 16 | 7.12% Tata Capital Ltd NCD Op II (MD 14/11/2028) INE976I07DB5 | 3.35% |
| 17 | Reliance Industries Ltd INE002A01018 | 3.02% |
| 18 | CG Power and Industrial Solutions Limited INE067A01029 | 2.97% |
| 19 | Axis Bank Ltd INE238A01034 | 2.92% |
| 20 | Ellenbarrie Industrial Gases Limited INE236E01022 | 2.67% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.