Funds/Sectoral / Thematic/Motilal Oswal Consumption Fund

Motilal Oswal Consumption Fund

Motilal Oswal Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI

The fund maintains a concentrated consumption-focused tilt with nearly half its portfolio in discretionary categories like jewelry, beverages, and fintech—positioning for resilient domestic demand. The manager's conviction in gold holdings and luxury-oriented names like Sky Gold has intensified, while pruning utilities and renewables suggests a shift away from defensive sectors. Recent additions of Hindustan Unilever signal interest in staple consumption, but the 54% concentration in just ten stocks and strategic reduction in cash positions indicate an aggressive, thematic bet on discretionary spending momentum.

Portfolio analysis · April 2026

NAV & Returns

Plan	NAV	1M	3M	6M	1Y	3Y CAGR	5Y CAGR
Regular Growth	₹9.1184	+4.82%	-0.09%	-7.87%	—	—	—

Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings

Top 5 Weight

32.27%

Top 10 Weight

53.75%

Active Share

—

Large Cap

35.26%

Gini

0.245

What Changed2026-03-31 → 2026-04-30

Holdings: 29 → 28+2 added−3 removed20 weight shifts ≥ 0.1%

Stock	Sector	Weight
TRP_040526	Food Products	1.16%
Hindustan Unilever Ltd	Industrial Products	3.98%

Full Holdings

#	Holding	Sector	Class	% to NAV
1	Bharti Airtel Ltd INE397D01024	Diversified FMCG	EQUITY	8.37%
2	Sky Gold And Diamonds Limited INE01IU01018		GOLD	7.47%
3	One 97 Communications Limited INE982J01020		EQUITY	5.54%
4	Mahindra & Mahindra Ltd INE101A01026		EQUITY	5.45%
5	Kalyan Jewellers India Limited INE303R01014	Cash & Equivalent	EQUITY	5.44%
6	HealthCare Global Enterprises Ltd. INE075I01017	Transport Services	EQUITY	4.95%
7	Shaily Engineering Plastics Limited INE151G01028		EQUITY	4.45%
8	Radico Khaitan Ltd INE944F01028		EQUITY	4.23%
9	Hindustan Unilever Ltd INE030A01027	Industrial Products	EQUITY	3.98%
10	Eternal Limited INE758T01015		EQUITY	3.88%
11	V2 Retail Ltd INE945H01021		EQUITY	3.87%
12	Varun Beverages Ltd INE200M01039		EQUITY	3.69%
13	PG Electroplast Limited INE457L01029		EQUITY	3.56%
14	Gabriel India Limited INE524A01029	Financial Technology (Fintech)	EQUITY	3.49%
15	Allied Blenders And Distillers Limited INE552Z01027	Personal Products	EQUITY	3.31%
16	Aditya Vision Ltd INE679V01027	Auto Components	EQUITY	3.24%
17	Wework India Management Limited INE085001019		EQUITY	3.16%
18	Maruti Suzuki India Ltd INE585B01010		EQUITY	2.85%
19	International Gemmological Institute India Ltd INE0Q9301021	Healthcare	EQUITY	2.78%
20	TVS Motor Company Ltd INE494B01023		EQUITY	2.75%

Sector Allocation

Diversified FMCG8.4%

Cash & Equivalent5.4%

Transport Services5.0%

Industrial Products4.0%

Financial Technology (Fintech)3.5%

Personal Products3.3%

Auto Components3.2%

Healthcare2.8%

RETAILING2.2%

Healthcare Services2.1%

Top 10 sectors by % to NAV. Excludes derivatives.