Motilal Oswal ELSS Tax Saver Fund
Motilal Oswal Mutual Fund·ELSS - Tax Saver Fund·vs Nifty 500 TRI
The fund tilts toward emerging growth opportunities with a concentrated mid-cap bias, holding just 29 stocks where the top ten account for nearly half the portfolio. The manager's recent rotation—adding specialty chemicals and asset management plays while trimming large-cap real estate—suggests conviction in structural themes like fintech, energy transition, and specialty manufacturing over traditional cyclicals. This tactical rebalancing signals selective repositioning within the growth narrative rather than a fundamental market view shift.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹62.4147 | — | — | — | — | — | — |
| Regular Growth | ₹53.9615 | +5.71% | +9.44% | +1.71% | +10.25% | +23.92% | +19.73% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
28
Top 5 Weight
27.59%
Top 10 Weight
49.35%
Active Share
—
Large Cap
13.16%
Gini
0.215
What Changed2026-03-31 → 2026-04-30
Holdings: 26 → 29+4 added−1 removed19 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| TRP_040526 | 1.18% |
| Nippon Life India Asset Management Limited | 1.60% |
| Shaily Engineering Plastics Limited | 1.00% |
| Eternal Limited | 2.04% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Multi Commodity Exchange of India Ltd INE745G01043 | 7.63% |
| 2 | Piramal Finance Limited INE202B01038 | 5.57% |
| 3 | Jain Resource Recycling Limited INE0YD401026 | 4.94% |
| 4 | Apar Industries Ltd INE372A01015 | 4.84% |
| 5 | Ather Energy Limited INE0LEZ01016 | 4.62% |
| 6 | Onesource Specialty Pharma Limited INE013P01021 | 4.56% |
| 7 | Billionbrains Garage Ventures Ltd INE0HOQ01053 | 4.38% |
| 8 | Zen Technologies Limited INE251B01027 | 4.37% |
| 9 | Amber Enterprises India Limited INE371P01015 | 4.24% |
| 10 | Waaree Energies Limited INE377N01017 | 4.20% |
| 11 | Muthoot Finance Ltd INE414G01012 | 4.02% |
| 12 | PTC Industries Limited INE596F01018 | 3.97% |
| 13 | Suzlon Energy Ltd INE040H01021 | 3.88% |
| 14 | Bharat Electronics Ltd INE263A01024 | 3.63% |
| 15 | Gujarat Fluorochemicals Limited INE09N301011 | 3.57% |
| 16 | Bharat Dynamics Limited INE171Z01026 | 3.47% |
| 17 | Shriram Finance Limited INE721A01047 | 3.47% |
| 18 | Premier Energies Limited INE0BS701011 | 3.40% |
| 19 | One 97 Communications Limited INE982J01020 | 3.28% |
| 20 | KSB Limited INE999A01023 | 2.77% |
Sector Allocation
Cash & Equivalent4.9%
Financial Technology (Fintech)4.8%
Chemicals & Petrochemicals4.6%
Textiles & Apparels4.4%
Minerals & Mining4.2%
Capital Markets3.6%
Retailing3.6%
Industrial Products3.5%
Pharmaceuticals & Biotechnology2.4%
Finance1.2%
Top 10 sectors by % to NAV. Excludes derivatives.