Motilal Oswal Business Cycle Fund Direct Growth

Fund Overview

Fund Size

₹2,113 Cr

Expense Ratio

0.88%

ISIN

INF247L01DG6

Minimum SIP

₹500

Exit Load

1.00%

Inception Date

27 Aug 2024

About this fund

Motilal Oswal Business Cycle Fund Direct Growth is a Equity - Other mutual fund schemes offered by Motilal Oswal Mutual Fund. This fund has been in existence for 1 years, 5 months and 3 days, having been launched on 27-Aug-24.
As of 29-Jan-26, it has a Net Asset Value (NAV) of ₹11.78, Assets Under Management (AUM) of 2113.48 Crores, and an expense ratio of 0.88%.

Motilal Oswal Business Cycle Fund Direct Growth has given a CAGR return of 12.18% since inception.
The fund's asset allocation comprises around 85.18% in equities, 0.00% in debts, and 14.82% in cash & cash equivalents.
You can start investing in Motilal Oswal Business Cycle Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+6.01%

— (Cat Avg.)

Since Inception

+12.18%

— (Cat Avg.)

Portfolio Summaryas of 31st December 2025

Equity	₹1,800.28 Cr	85.18%
Others	₹313.2 Cr	14.82%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Persistent Systems Ltd	Equity	₹213.25 Cr	10.09%
Bharti Airtel Ltd	Equity	₹200.03 Cr	9.46%
Shaily Engineering Plastics Ltd	Equity	₹197.89 Cr	9.36%
Trp_010126	Cash - Repurchase Agreement	₹175.8 Cr	8.32%
Kalyan Jewellers India Ltd	Equity	₹169.84 Cr	8.04%
Coforge Ltd	Equity	₹157.99 Cr	7.48%
Net Receivables / (Payables)	Cash	₹137.4 Cr	6.50%
Eternal Ltd	Equity	₹130.31 Cr	6.17%
HealthCare Global Enterprises Ltd	Equity	₹115.85 Cr	5.48%
Ellenbarrie Industrial Gases Ltd	Equity	₹102.04 Cr	4.83%
Muthoot Finance Ltd	Equity	₹95.29 Cr	4.51%
PG Electroplast Ltd	Equity	₹86.3 Cr	4.08%
ICICI Bank Ltd	Equity	₹67.15 Cr	3.18%
AU Small Finance Bank Ltd	Equity	₹56.85 Cr	2.69%
Neuland Laboratories Ltd	Equity	₹52.17 Cr	2.47%
Jain Resource Recycling Ltd	Equity	₹51.93 Cr	2.46%
Bharat Heavy Electricals Ltd	Equity	₹42.74 Cr	2.02%
Thirumalai Chemicals Ltd	Equity	₹31.31 Cr	1.48%
Supreme Petrochem Ltd	Equity	₹28.65 Cr	1.36%
Multi Commodity Exchange of India Ltd	Equity	₹0.7 Cr	0.03%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Technology	₹457.53 Cr	21.65%
Basic Materials	₹411.82 Cr	19.49%
Consumer Cyclical	₹300.15 Cr	14.20%
Financial Services	₹219.98 Cr	10.41%
Communication Services	₹200.03 Cr	9.46%
Healthcare	₹168.02 Cr	7.95%
Industrials	₹42.74 Cr	2.02%

Risk & Performance Ratios

Fund Managers

Varun Sharma

Since January 2026

Swapnil Mayekar

Since November 2025

Ajay Khandelwal

Since August 2024

Ankit Agarwal

Since January 2026

Rakesh Shetty

Since August 2024

Atul Mehra

Since August 2024

Additional Scheme Detailsas of 31st December 2025

ISIN

INF247L01DG6

Expense Ratio

0.88%

Exit Load

1.00%

Fund Size

₹2,113 Cr

Age

1 year 5 months

Lumpsum Minimum

₹500

Fund Status

Open Ended Investment Company

Benchmark

Nifty 500 TRI

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Equity - Other Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Motilal Oswal Nifty MNC ETF	-	-	-	-
Groww Nifty PSE ETF FOF Regular Growth Very High Risk	-	0.0%	-	-
Groww Nifty PSE ETF FOF Direct Growth Very High Risk	-	0.0%	-	-
Groww Nifty PSE ETF	-	-	-	-
iSIF Equity Ex-Top 100 Long-Short Fund Direct Growth Very High Risk	-	1.0%	-	-
iSIF Equity Ex-Top 100 Long-Short Fund Regular Growth Very High Risk	-	1.0%	-	-
Mahindra Manulife Innovation Opportunities Fund Direct Growth Very High Risk	-	0.0%	-	-
Mahindra Manulife Innovation Opportunities Fund Regular Growth Very High Risk	-	0.0%	-	-
Groww Nifty Chemicals ETF Very High Risk	-	-	-	-
Diviniti Equity Long Short Fund Direct Growth Very High Risk	-	0.0%	₹288.91 Cr	-
Diviniti Equity Long Short Fund Regular Growth Very High Risk	-	0.0%	₹288.91 Cr	-
DSP MSCI INDIA ETF Very High Risk	0.4%	-	₹7.77 Cr	-
Kotak Rural Opportunities Fund Regular Growth Very High Risk	2.3%	0.0%	₹907.29 Cr	-
Kotak Rural Opportunities Fund Direct Growth Very High Risk	0.9%	0.0%	₹907.29 Cr	-
Altiva Hybrid Long-Short Fund Direct Growth Low to Moderate Risk	-	0.0%	₹1306.26 Cr	-
Magnum Hybrid Long Short Fund Regular Growth Low to Moderate Risk	-	0.0%	₹2118.93 Cr	-
Altiva Hybrid Long-Short Fund Regular Growth Low to Moderate Risk	-	0.0%	₹1306.26 Cr	-
Magnum Hybrid Long Short Fund Direct Growth Low to Moderate Risk	-	0.0%	₹2118.93 Cr	-
ICICI Prudential Conglomerate Fund Regular Growth Moderately High risk	2.3%	1.0%	₹877.10 Cr	-
ICICI Prudential Conglomerate Fund Direct Growth Moderately High risk	1.2%	1.0%	₹877.10 Cr	-
qsif Equity Long-Short Fund Direct Growth Very High Risk	-	1.0%	-	-
qsif Equity Long-Short Fund Regular Growth Very High Risk	-	1.0%	-	-
The Wealth Company Ethical Fund Direct Growth Very High Risk	0.8%	0.0%	₹39.72 Cr	-
The Wealth Company Ethical Fund Regular Growth Very High Risk	2.3%	0.0%	₹39.72 Cr	-
Baroda BNP Paribas Business Conglomerates Fund Direct Growth Very High Risk	0.6%	1.0%	₹769.73 Cr	-
Baroda BNP Paribas Business Conglomerates Fund Regular Growth Very High Risk	2.3%	1.0%	₹769.73 Cr	-
Motilal Oswal Nifty Alpha 50 ETF Very High Risk	0.5%	-	₹5.64 Cr	-
Kotak Active Momentum Fund Direct Growth Very High Risk	0.8%	0.0%	₹1391.80 Cr	-
Kotak Active Momentum Fund Regular Growth Very High Risk	2.1%	0.0%	₹1391.80 Cr	-
Motilal Oswal Special Opportunities Fund Direct Growth Very High Risk	2.5%	1.0%	₹68.91 Cr	-
Motilal Oswal Special Opportunities Fund Regular Growth Very High Risk	2.6%	1.0%	₹68.91 Cr	-
Bandhan Multi-Factor Fund Regular Growth Very High Risk	2.4%	0.0%	₹588.87 Cr	-
Bandhan Multi-Factor Fund Direct Growth Very High Risk	0.8%	0.0%	₹588.87 Cr	-
ICICI Prudential Active Momentum Fund Direct Growth Moderate Risk	0.9%	1.0%	₹1438.36 Cr	-
ICICI Prudential Active Momentum Fund Regular Growth Moderate Risk	2.1%	1.0%	₹1438.36 Cr	-
Axis Services Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹1859.16 Cr	-
Axis Services Opportunities Fund Regular Growth Very High Risk	2.1%	1.0%	₹1859.16 Cr	-
Nippon India MNC Fund Direct Growth Very High Risk	1.2%	1.0%	₹440.65 Cr	-
Nippon India MNC Fund Regular Growth Very High Risk	2.5%	1.0%	₹440.65 Cr	-
HDFC Innovation Fund Direct Growth Very High Risk	0.7%	1.0%	₹2707.09 Cr	-
HDFC Innovation Fund Regular Growth Very High Risk	2.0%	1.0%	₹2707.09 Cr	-
Mirae Asset Nifty India Internet ETF Very High Risk	0.2%	-	₹18.35 Cr	-
Motilal Oswal Nifty India Tourism ETF Very High Risk	0.5%	-	₹4.71 Cr	-
Motilal Oswal Nifty India Manufacturing ETF Very High Risk	0.5%	-	₹1.92 Cr	-
Motilal Oswal Services Fund Direct Growth Very High Risk	1.5%	1.0%	₹97.55 Cr	-
Motilal Oswal Services Fund Regular Growth Very High Risk	2.5%	1.0%	₹97.55 Cr	-
ICICI Prudential Quality Fund Direct Growth Very High Risk	0.8%	1.0%	₹2316.38 Cr	-
ICICI Prudential Quality Fund Regular Growth Very High Risk	2.0%	1.0%	₹2316.38 Cr	-
Motilal Oswal Nifty Capital Market ETF Very High Risk	0.5%	-	₹108.91 Cr	-
Axis Nifty500 Momentum 50 ETF Very High Risk	-	-	-	-

About the AMC

Motilal Oswal Mutual Fund

+91 22 39804263

https://www.motilaloswalmf.com/

Total AUM

₹1,44,875 Cr

Address

Motilal Oswal Tower, Mumbai, 400 025

Other Funds by Motilal Oswal Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Motilal Oswal Financial Services Fund Direct Growth Very High Risk	-	1.0%	-	-
Motilal Oswal Diversified Equity Flexicap Passive Fund of Funds Direct Growth Very High Risk	-	1.0%	-	-
Motilal Oswal Consumption Fund Direct Growth Very High Risk	0.6%	1.0%	₹1177.77 Cr	-
Motilal Oswal Special Opportunities Fund Direct Growth Very High Risk	2.5%	1.0%	₹68.91 Cr	-
Motilal Oswal BSE 1000 Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹57.14 Cr	-
Motilal Oswal Services Fund Direct Growth Very High Risk	1.5%	1.0%	₹97.55 Cr	-
Motilal Oswal Infrastructure Fund Direct Growth Very High Risk	1.5%	1.0%	₹110.71 Cr	-
Motilal Oswal Active Momentum Fund Direct Growth Very High Risk	2.5%	1.0%	₹354.33 Cr	-
Motilal Oswal Innovation Opportunities Fund Direct Growth Very High Risk	0.9%	1.0%	₹489.77 Cr	-
f Motilal Oswal Arbitrage Fund Direct Growth Low Risk	0.1%	0.0%	₹1845.46 Cr	7.4%
Motilal Oswal Nifty Capital Market Index Fund Direct Growth Very High Risk	0.5%	1.0%	₹327.42 Cr	37.5%
Motilal Oswal Nifty MidSmall Financial Services Index Fund Direct Growth Very High Risk	0.6%	1.0%	₹80.66 Cr	38.7%
Motilal Oswal Nifty MidSmall IT and Telecom Index Fund Direct Growth Very High Risk	0.6%	1.0%	₹38.04 Cr	-5.8%
Motilal Oswal Nifty MidSmall Healthcare Index Fund Direct Growth Very High Risk	0.6%	1.0%	₹28.35 Cr	3.9%
Motilal Oswal Nifty MidSmall India Consumption Index Fund Direct Growth Very High Risk	0.6%	1.0%	₹20.01 Cr	-5.8%
Motilal Oswal Digital India Fund Direct Growth Very High Risk	0.8%	1.0%	₹906.82 Cr	1.1%
Motilal Oswal Nifty 500 Momentum 50 Index Fund Direct Growth Very High Risk	0.4%	1.0%	₹760.24 Cr	2.3%
Motilal Oswal Business Cycle Fund Direct Growth Very High Risk	0.9%	1.0%	₹2113.48 Cr	6.0%
Motilal Oswal Manufacturing Fund Direct Growth Very High Risk	0.9%	1.0%	₹737.17 Cr	7.5%
Motilal Oswal Nifty India Defence Index Fund Direct Growth Very High Risk	0.5%	1.0%	₹3785.06 Cr	34.7%
Motilal Oswal Quant Fund Direct Growth Very High Risk	0.9%	1.0%	₹144.92 Cr	5.2%
Motilal Oswal Multi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹4526.74 Cr	3.9%
Motilal Oswal Large Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹3066.19 Cr	8.7%
Motilal Oswal Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹5837.46 Cr	1.3%
Motilal Oswal Developed Market Ex US ETFs Fund of Funds Direct Growth Very High Risk	0.1%	1.0%	₹34.10 Cr	40.4%
Motilal Oswal Nifty Microcap 250 Index Fund Direct Growth Very High Risk	0.5%	1.0%	₹2625.60 Cr	-7.3%
Motilal Oswal Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹513.01 Cr	6.1%
Motilal Oswal S&P BSE Low Volatility Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹115.49 Cr	7.1%
Motilal Oswal Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹399.73 Cr	10.7%
Motilal Oswal Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹861.35 Cr	10.9%
Motilal Oswal Large and Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹15055.38 Cr	9.1%
Motilal Oswal S&P 500 Index Fund Direct Growth Very High Risk	0.6%	1.0%	₹4102.98 Cr	22.4%
Motilal Oswal Focused Fund Direct Growth Very High Risk	1.0%	1.0%	₹1512.66 Cr	6.0%
Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth Very High Risk	0.8%	1.0%	₹6159.15 Cr	12.0%
Motilal Oswal MSCI EAFE Top 100 Select Index Fund Direct Growth Very High Risk	0.5%	1.0%	₹35.75 Cr	12.4%
Motilal Oswal Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹36880.18 Cr	-2.5%
Motilal Oswal Nifty 200 Momentum 30 Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹947.21 Cr	3.4%
Motilal Oswal Equity Hybrid Fund Direct Growth Very High Risk	0.9%	1.0%	₹417.89 Cr	18.4%
Motilal Oswal Asset Allocation Passive Fund of Fund - Aggressive Direct Growth Very High Risk	0.3%	1.0%	₹124.55 Cr	20.3%
Motilal Oswal Asset Allocation Passive Fund of Fund - Conservative Direct Growth High Risk	0.3%	1.0%	₹77.81 Cr	18.3%
Motilal Oswal Multi Asset Fund Direct Growth High Risk	0.7%	1.0%	₹93.80 Cr	-7.3%
Motilal Oswal 5 Year G-Sec Fund of Fund Direct Growth Moderate Risk	0.4%	0.0%	₹49.61 Cr	6.7%
Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹1021.03 Cr	0.5%
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹3023.23 Cr	10.7%
Motilal Oswal Nifty Bank Index Fund Direct Growth Very High Risk	0.2%	1.0%	₹666.94 Cr	22.6%
Motilal Oswal Nifty 500 Fund Direct Growth Very High Risk	0.2%	1.0%	₹2820.64 Cr	9.9%
Motilal Oswal Nifty G-sec May 2029 Index Fund Direct Growth Moderate Risk	0.1%	1.0%	₹11.37 Cr	-
Motilal Oswal Long Term Equity Fund Direct Growth Very High Risk	0.6%	0.0%	₹4341.48 Cr	6.3%
Motilal Oswal Flexicap Fund Direct Growth Very High Risk	0.8%	1.0%	₹13862.07 Cr	4.4%
Motilal Oswal S&P BSE Enhanced Value Index Fund Direct Growth Very High Risk	0.4%	1.0%	₹1282.55 Cr	33.1%

Risk Level

Your principal amount will be at Very High Risk

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What is the current NAV of Motilal Oswal Business Cycle Fund Direct Growth?

The NAV of Motilal Oswal Business Cycle Fund Direct Growth, as of 29-Jan-2026, is ₹11.78.

What is the portfolio composition of Motilal Oswal Business Cycle Fund Direct Growth?

The fund's allocation of assets is distributed as 85.18% in equities, 0.00% in bonds, and 14.82% in cash and cash equivalents.

Who manages the Motilal Oswal Business Cycle Fund Direct Growth?

The fund managers responsible for Motilal Oswal Business Cycle Fund Direct Growth are:-

Varun Sharma
Swapnil Mayekar
Ajay Khandelwal
Ankit Agarwal
Rakesh Shetty
Atul Mehra

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Motilal Oswal Business Cycle Fund Direct Growth

Fund Overview