Motilal Oswal Services Fund
Motilal Oswal Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹10.4976 | — | — | — | — | — | — |
| Regular Growth | ₹10.4302 | +4.13% | +1.23% | -4.67% | — | — | — |
| Direct IDCW | ₹10.4976 | — | — | — | — | — | — |
| Regular IDCW | ₹10.4302 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
41
Top 5 Weight
27.72%
Top 10 Weight
47.24%
Active Share
—
Large Cap
21.09%
Gini
0.340
What Changed2026-03-31 → 2026-04-30
Holdings: 38 → 42+4 added−0 removed23 weight shifts ≥ 0.1%
| 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
Electrical Equipment7.2%
Retailing5.1%
Other Consumer Services4.6%
Capital Markets4.4%
Services3.9%
Financial Technology (Fintech)2.5%
Agricultural, Commercial & Construction Vehicles2.1%
Banks2.0%
Transport Services1.7%
Insurance1.1%
Top 10 sectors by % to NAV. Excludes derivatives.