Motilal Oswal Infrastructure Fund
Motilal Oswal Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
The portfolio is heavily tilted toward traditional infrastructure beneficiaries—power, construction, and telecom—betting on India's capex cycle. With nearly 60 percent in the top ten holdings dominated by Reliance and L&T, the manager has concentrated conviction in mega-cap infrastructure leaders. Recent exits of healthcare and consumer plays in favor of auto-linked and energy transition names signal a tactical shift toward cyclical recovery plays, though the elevated cash drag suggests cautious deployment amid market uncertainty.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹12.6403 | +4.30% | +4.66% | +0.84% | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
25
Top 5 Weight
38.24%
Top 10 Weight
58.95%
Active Share
—
Large Cap
51.05%
Gini
0.289
What Changed2026-03-31 → 2026-04-30
Holdings: 26 → 26+5 added−5 removed19 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| TRP_040526 | 2.67% |
| Ashok Leyland Ltd | 4.30% |
| Coal India Ltd | 2.54% |
| Samvardhana Motherson International Ltd | 4.75% |
| TD Power Systems Ltd | 3.61% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Reliance Industries Ltd INE002A01018 | 10.72% |
| 2 | Larsen & Toubro Ltd INE018A01030 | 10.60% |
| 3 | Bharti Airtel Ltd INE397D01024 | 7.87% |
| 4 | Samvardhana Motherson International Ltd INE775A01035 | 4.75% |
| 5 | Ashok Leyland Ltd INE208A01029 | 4.30% |
| 6 | KSB Limited INE999A01023 | 4.27% |
| 7 | Waaree Energies Limited INE377N01017 | 4.12% |
| 8 | GE Vernova T&D India Limited INE200A01026 | 4.12% |
| 9 | Power Grid Corporation of India Ltd INE752E01010 | 4.11% |
| 10 | Jain Resource Recycling Limited INE0YD401026 | 4.11% |
| 11 | Multi Commodity Exchange of India Ltd INE745G01043 | 4.10% |
| 12 | NTPC Ltd INE733E01010 | 4.09% |
| 13 | ABB India Ltd INE117A01022 | 3.63% |
| 14 | TD Power Systems Ltd INE419M01027 | 3.61% |
| 15 | Hitachi Energy India Limited INE07Y701011 | 3.07% |
| 16 | Apollo Hospitals Enterprise Limited INE437A01024 | 2.74% |
| 17 | Bharat Heavy Electricals Ltd INE257A01026 | 2.69% |
| 18 | TRP_040526 CBLO | 2.67% |
| 19 | Gabriel India Limited INE524A01029 | 2.54% |
| 20 | Coal India Ltd INE522F01014 | 2.54% |
Sector Allocation
Power7.9%
Construction4.3%
Petroleum Products4.1%
Industrial Products3.6%
Auto Components3.1%
Minerals & Mining2.7%
Capital Markets2.7%
Agricultural, Commercial & Construction Vehicles2.7%
Transport Services2.5%
Cash & Equivalent1.6%
Top 10 sectors by % to NAV. Excludes derivatives.