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Asset Management

Buy Right. Sit Tight

Indias only 100% equity fund house with a defined investing philosophy. A highly differentiated asset management company, our endeavor is to offer focused mutual funds, PMS and AIF strategies based on our core competence of equity research and investing. We inherit the equity expertise from our sponsor, Motilal Oswal Financial Services Limited which has over 35 years of experience led by our founder and thought leader - Raamdeo Agrawal. Through his series of 27 Annual Wealth Creation Studies, our distinct investment philosophy has evolved and is being continuously refined with the application, insights and practical learnings of our experienced equity investment and research team.

Our equity offerings have been riding on our investment philosophy, Buy Right : Sit Tight where Buy Right means buying high quality growth oriented companies at a fair price and Sit Tight means staying invested in them over a long time to realize the full growth potential of the underlying business. Coupled with a ‘Buy and Hold’ strategy, we endeavor to manage portfolios with around 20-25 high conviction holdings and low portfolio churn.

Buy Right Stock Characteristics

  • ‘Q’uality denotes quality of the business and management.

  • ‘G’rowth denotes growth in earnings and sustained RoE.

  • ‘L’ongevity denotes longevity of the competitive advantage or economic moat of the business.

  • ‘P’rice denotes our approach of buying a good business for a fair price rather than buying a fair business for a good price.

Sit Tight Approach

  • Buy and Hold : We are strictly buy and hold investors and believe that picking the right business needs skill and holding onto these businesses to enable our investors to benefit from the entire growth cycle, needs even more skill.

  • Focus : Our portfolios are high conviction portfolios with 20 to 25 stocks being our ideal number. We believe in adequate diversification but over-diversification results in diluting returns for our investors and adding market risk.


    Equity Mutual Funds :

    • Motilal Oswal Focused 25 Fund: A focused scheme with large cap orientation investing in a maximum 25 stocks.
    • Motilal Oswal Midcap 30 Fund: A mid cap fund looking to identify growth oriented companies with reasonable track record and a significant longevity of estimated growth in the future; with ability to scale into large cap over time.
    • Motilal Oswal Multicap 35 Fund: A multicap fund with upto 35 stocks and the ability to calibrate exposure across large cap, mid cap and small cap depending on conviction of ideas and underlying value. This is our flagship fund.
    • Motilal Oswal Long Term Equity Fund: A multicap equity linked savings scheme with a statutory lock in of 3 years and tax rebate under sec 80C of the Income Tax Act.
    • Motilal Oswal Dynamic Fund:An Equity oriented fund that dynamically calibrates equity exposure based on a time tested proprietary valuations index called Motilal Oswal Value Index, while parking the non-equity component into high quality liquid fixed income assets.
    • Motilal Oswal Equity Hybrid Fund: It is an investment portfolio with an ideal mix of Equities and Fixed Income instruments, thus it aims to offer both, growth and stability.
    • Motilal Oswal Large And Midcap Fund:An open ended equity scheme investing in both large cap and mid cap stocks.
    • Motilal Oswal Nifty 500 Fund: An open ended scheme replicating/tracking Nifty 500 Index.
    • Motilal Oswal Nifty Bank Index Fund: An open ended scheme replicating / tracking Nifty Bank Index.
    • Motilal Oswal Nifty Midcap 150 Index Fund: An open ended scheme replicating / tracking Nifty Midcap 150 Index.
    • Motilal Oswal Nifty Small-cap 250 Index Fund: An open-ended scheme replicating/ tracking Nifty Small-cap 250 Index.

    Portfolio Management Services (PMS) :

    • Value Strategy: A pre-dominantly large cap oriented portfolio with 15 years track record.
    • Next Trillion Dollar Opportunity: A multicap portfolio with 11 years track record. Originally started as a midcap strategy in Dec 2007; gradually transformed to multicap as a testimony to the success of holding high quality midcap companies for 5-7 years and held on basis their sustained growth potential and competitive advantage.
    • India Opportunities Portfolio Strategy: A highly focused small and midcap portfolio looking to identify tomorrows large caps.
Business Highlights
  • AMC AUM at Rs 45,600 Crores as of 31st March 2023.

  • Mutual Fund AUM over Rs. 29,560 Crores as of 31st March 2023.

  • Portfolio Management Services AUM around Rs. 10,200 Crores & AIF AUM around Rs. 5,600 Crores as of 31st March 2023.

  • Turnaround in performance across active MF schemes (5 out of 7 schemes are in top quartile)

  • Revamped Investment process with focus on consistent returns against achieving highest returns.

  • Ranked among Asia’s Top 100 Money Managers by Institutional Investor Magazine.

  • Motilal Oswal NTDOP ranked #1 in Best PMS in 10 years performance across all categories (on Risk-Adjusted Returns) at India’s Smart Money Manager Awards – 2021.

  • Raamdeo Agrawal Chairman

    Raamdeo Agrawal is the man behind the strong research capabilities at Motilal Oswal Financial Services Ltd. He is a Chartered Accountant and Chairman of Motilal Oswal Financial Services Limited (MOFSL). A keen believer and practitioner of the QGLP philosophy, his wealth creation insights and decades-rich experience have played a pivotal role in MOFSL, transforming it from a small stock broking firm to a well-diversified financial services company.

    Mr. Agrawal is an Associate of Institute of Chartered Accountants of India and also a member of the National Committee on Capital Markets of the Confederation of Indian Industry. He has received the "Rashtriya Samman Patra" awarded by the Government of India for being amongst the highest Income Tax payers in the country for a period of 5 years from FY95–FY99. He was also conferred with the ‘Special contribution to Indian Capital Market Award’ by Zee Business in 2011.

    Mr. Agrawal has been authoring the annual Motilal Oswal Wealth Creation Study since 1996. In 1986, he wrote the book ‘Corporate Numbers Game’, along with co-author, Ram K Piparia. He has featured on `Wizards of Dalal Street on CNBC TV 18` and also compiled a book of investing insights called ‘Wealth Creation Thoughts’.


  • Navin Agarwal Director - MOFSL

    Navin Agarwal is the Director of Motilal Oswal Financial Services Ltd & Managing Director & Chief Executive Officer of Motilal Oswal Asset Management Company Limited.

    He is a member of the Institute of Chartered Accountants of India, Institute of Cost and Works Accountants of India, Institute of Company Secretaries of India.

    He started his career as a Senior Analyst in 1994 and joined Motilal Oswal Securities in 2000. He has co-authored a book on stock markets "India`s Money Monarchs".