Motilal Oswal Services Fund
The fund maintains a concentrated services-oriented portfolio with nearly half its weight in just ten holdings, signaling conviction in financial intermediaries and healthcare businesses. The manager is actively reshuffling, trimming Shriram Finance and receivables exposure while adding fintech and niche players like Acutaas Chemicals, suggesting a shift away from traditional lending toward asset management and specialized services. This tactical rebalancing indicates confidence in higher-margin, capital-light service businesses over cyclical finance.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹10.5766 | — | — | — | — |
| Regular Growth | ₹10.5083 | +2.18% | — | — | — |
| Direct IDCW | ₹10.5766 | — | — | — | — |
| Regular IDCW | ₹10.5083 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| TRP_040526 | 0.91% |
| Acutaas Chemicals Limited | 1.08% |
| Aditya Birla Sun Life AMC Limited | 4.60% |
| RBL Bank Limited | 1.74% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Aster DM Healthcare Limited INE914M01019 | 7.18% |
| 2 | Multi Commodity Exchange of India Ltd INE745G01043 | 6.03% |
| 3 | Aditya Birla Capital Limited INE674K01013 | 5.10% |
| 4 | One 97 Communications Limited INE982J01020 | 4.81% |
| 5 | Aditya Birla Sun Life AMC Limited INE404A01024 | 4.60% |
| 6 | Aditya Infotech Limited INE819V01029 | 4.44% |
| 7 | ICICI Prudential Asset Management Company Limited INE346A01027 | 3.92% |
| 8 | Apollo Hospitals Enterprise Limited INE437A01024 | 3.87% |
| 9 | Birlasoft Limited INE836A01035 | 3.73% |
| 10 | Shriram Finance Limited INE721A01047 | 3.56% |
| 11 | LG Electronics India Ltd INE324D01010 | 2.89% |
| 12 | Crisil Ltd INE007A01025 | 2.88% |
| 13 | Canara HSBC Life Insurance company Ltd INE01TY01017 | 2.85% |
| 14 | PhysicsWallah Limited INE0LP301011 | 2.60% |
| 15 | Bajaj Finance Ltd INE296A01032 | 2.49% |
| 16 | State Bank of India INE062A01020 | 2.48% |
| 17 | Zensar Technologies Ltd INE520A01027 | 2.47% |
| 18 | Meesho Ltd INE0VDM01015 | 2.25% |
| 19 | DCB Bank Limited INE503A01015 | 2.22% |
| 20 | Hexaware Technologies Limited INE093A01041 | 2.11% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Motilal Oswal Services Fund hold?
Motilal Oswal Services Fund holds 41 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 27.72% of NAV.
What is the largest holding in Motilal Oswal Services Fund?
The largest position in Motilal Oswal Services Fund is Aster DM Healthcare Limited, accounting for 7.18% of NAV in the Electrical Equipment sector.
Is Motilal Oswal Services Fund a concentrated or diversified fund?
With a Gini coefficient of 0.340, Motilal Oswal Services Fund is well-diversified. The HHI concentration index is 33,549 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 27.72% of the portfolio.
What is the market cap allocation of Motilal Oswal Services Fund?
Based on SEBI's AMFI classification, Motilal Oswal Services Fund's equity portfolio is split as: Large Cap: 21.09%, Mid Cap: 23.20%, Small Cap: 41.63%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Motilal Oswal Services Fund invest in most?
Motilal Oswal Services Fund has the highest allocation to Electrical Equipment (7.18%), Retailing (5.10%), Other Consumer Services (4.60%). The fund is invested across 16 sectors in total.
How actively managed is Motilal Oswal Services Fund compared to other Sectoral / Thematic funds?
Motilal Oswal Services Fund has an Active Share of 89.67%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Motilal Oswal Services Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Motilal Oswal Services Fund added 4 new stocks (including TRP_040526). Total holding count increased from 38 to 42 stocks.