Motilal Oswal Business Cycle Fund

Q: What are the returns of this mutual fund scheme?

The Motilal Oswal Business Cycle Fund is a 1 yrs 2 m old fund and has delivered average annual returns of 20.32% since inception. Motilal Oswal Business Cycle Fund Returns 1-Year Since Inception 16.03% 20.32%

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹13.01+0.03% 1 day change	20.32% p.a.	App exclusive #NA View Ranked Funds	₹1,985 Cr

Historical NAV & returns

NAV: ₹13.01 as on Oct 20, 2025

This fund Category average

Motilal Oswal Business Cycle Fund overview

AUM (Fund size)	₹1,985 Cr
Exit load	1.0% Exit load of 1%, if redeemed within 365 days. !
Lock-in Period	Nil
Age	1 yrs 2 m since Aug 07, 2024
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	2.01% as on Sep 30, 2025
Plan type	Regular
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Motilal Oswal Business Cycle Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 17, 2025

Period	This fund	Category average
1 Month	5.78%	4.09%
3 Months	5.33%	3.62%
6 Months	12.96%	8.04%
1 Year	16.03%	3.42%

View returns in detail

Asset allocationas on Sep 30, 2025

Large Cap 12.82%

Mid Cap 39.55%

Small Cap 29.75%

Other Cap 0%

Top holdings

Shaily Engineering Plastics Ltd.9.87%

Coforge Ltd.9.02%

Kalyan Jewellers India Ltd.8.01%

Dixon Technologies (India) Ltd.7.88%

Top sectors

Technology 16.31%

Services 14.899999999999999%

Materials 12.27%

Capital Goods 11.83%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 6.92%

Allocation by Instruments

Net Receivables 10.96213103%

CBLO 6.91503197%

Other Holdings

Others 10.96%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Motilal Oswal Business Cycle Fund	5.78%	12.96%	16.03%	N.A.	N.A.	N.A.
ICICI Prudential India Opportunities Fund	4.09%	7.45%	8.52%	22.78%	32.63%	13.86%
ICICI Prudential Dividend Yield Equity Fund	3.7%	7.44%	7.33%	23.76%	29.89%	16.07%
ICICI Prudential Value Fund	4.07%	7.71%	7.35%	21.71%	26.81%	15.51%
SBI Contra Fund	4.52%	6.02%	2.74%	20.23%	29.54%	16.14%
ICICI Prudential India Equity FOF	4.07%	7.27%	6.61%	21.35%	26.52%	12.27%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Motilal Oswal Business Cycle Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential India Opportunities Fund	11.51	0.82	1.32	2.34
ICICI Prudential Dividend Yield Equity Fund	12.13	0.86	1.33	2.07
ICICI Prudential Value Fund	11.19	0.79	1.28	2.23
SBI Contra Fund	12.19	0.89	1.05	1.68
ICICI Prudential India Equity FOF	11.73	0.87	1.17	1.88

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Motilal Oswal Business Cycle Fund	N.A.	1,985 Cr	1 yrs 2 m	2.01%
ICICI Prudential India Opportunities Fund	N.A.	30,802 Cr	6 yrs 10 m	1.58%
ICICI Prudential Dividend Yield Equity Fund	N.A.	5,936 Cr	11 yrs 6 m	1.81%
ICICI Prudential Value Fund	N.A.	55,445 Cr	21 yrs 3 m	1.5%
SBI Contra Fund	N.A.	47,205 Cr	20 yrs 5 m	1.5%
ICICI Prudential India Equity FOF	N.A.	229 Cr	5 yrs 8 m	1.21%

View all Strategy funds

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare Motilal Oswal Business Cycle Fund in detail with

About this fund

About Motilal Oswal Business Cycle Fund

Motilal Oswal Business Cycle Fund is a Strategy mutual fund scheme from Motilal Oswal Mutual Fund. This fund has been in existence for 1 yrs 2 m, having been launched on 07/08/2024. Motilal Oswal Business Cycle Fund has ₹1,985 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Motilal Oswal Business Cycle Fund as of 20/10/2025 is ₹13.01. The fund has an expense ratio of 2.01%, which is higher than what most other Strategy funds charge.

Motilal Oswal Business Cycle Fund returns of last 1-year are 14.24%. Since launch, it has delivered 25.76% average annual returns.
The fund has the majority of its money invested in Technology, Services, Materials, Capital Goods, Chemicals sectors. It has taken less exposure in Technology, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in Shaily Engineering Plastics Ltd., Coforge Ltd., Kalyan Jewellers India Ltd., Dixon Technologies (India) Ltd., Persistent Systems Ltd..

...

Fund AUM	1,985 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Ajay Khandelwal

Mr. Khandelwal is MBA & Bachelor of Engineering. Prior to joining Motilal Oswal Mutual Fund, he has worked with Canara Robeco Mutual Fund, BOI AXA Mutual Fund, B&K Securities and Infosys.

Niket Shah

Mr. Shah is a MBA in Finance Prior to joining Motilal Oswal AMC, he was associated with Motilal Oswal Securities Limited as Head of Midcaps Research from February 2013 to March 2018, Edelweiss Securities Ltd. as Research Analyst - Midcaps from March 2010 to January 2013 and Religare Capital Markets Ltd. as Associate Research Analyst - Midcaps from June 2008 to March 2010.

Rakesh Shetty

Mr. Shetty has done B.Com Prior to joining Motilal Oswal Mutual Fund, he has worked with Company engaged in Capital Market Business wherein he was in charge of equity and debt ETFs, customized indices and has also been part of product development.

Atul Mehra

Mr. Mehra has done B.Com, Master's Degree in Accounting and CFA Prior to joining Motilal Oswal Mutual Fund, he has worked with Edelweiss Capital Ltd

Investment objective

The scheme seeks to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies by investing with a focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles.

Motilal Oswal Mutual Fund details

No. of schemes	47 view all schemes
Total AUM	1,27,837 Cr as on Sep 30, 2025
Address	Motilal Oswal Towers - 10th Floor, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai, 400025
Phone	022-39804238 / 1800-200-6626

More funds from Motilal Oswal Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Motilal Oswal Midcap Fund	N.A.	34,749 Cr	-0.23%	33.38%
Motilal Oswal Large and Midcap Fund	N.A.	13,778 Cr	8.21%	28.46%
Motilal Oswal Nifty Midcap 150 Index Fund	N.A.	2,631 Cr	5.63%	27.08%
Motilal Oswal Nifty Smallcap 250 Index Fund	N.A.	997 Cr	0.24%	27.0%
Motilal Oswal ELSS Tax Saver Fund	N.A.	4,377 Cr	1.34%	25.64%
Motilal Oswal Nasdaq 100 FOF Scheme	N.A.	6,089 Cr	41.86%	22.46%

See all Equity funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the Motilal Oswal Business Cycle Fund plan is approximately ₹13.01 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Motilal Oswal Business Cycle Fund is a 1 yrs 2 m old fund and has delivered average annual returns of 20.32% since inception.

Motilal Oswal Business Cycle Fund Returns

1-Year	Since Inception
16.03%	20.32%

How much does this mutual fund charge as expense ratio?

The Motilal Oswal Business Cycle Fund has an expense ratio of 2.01%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Motilal Oswal Business Cycle Fund currently has assets under management (AUM) or fund size valued at approximately 1,985 Cr as on Sep 30, 2025.

What are the top stock holdings of Motilal Oswal Business Cycle Fund?

The Motilal Oswal Business Cycle Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Shaily Engineering Plastics Ltd.	9.87%
Coforge Ltd.	9.02%
Kalyan Jewellers India Ltd.	8.01%
Dixon Technologies (India) Ltd.	7.88%
Persistent Systems Ltd.	7.29%
Ellenbarrie Industrial Gases Ltd.	6.92%
Eternal Ltd.	5.74%
Trent Ltd.	5.2%
Healthcare Global Enterprises Ltd.	4.43%
One97 Communications Ltd.	3.96%

What are the top sectors Motilal Oswal Business Cycle Fund has invested in?

The Motilal Oswal Business Cycle Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Technology	16.31%
Services	14.899999999999999%
Materials	12.27%
Capital Goods	11.83%
Chemicals	8.74%
Consumer Discretionary	8.18%
Healthcare	7.74%
Financial	3.32%

What is risk level of Motilal Oswal Business Cycle Fund?

This is a Strategy fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Motilal Oswal Business Cycle Fund?

Redeeming your investments in the Motilal Oswal Business Cycle Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Strategy

#NA

Return Outperformance: This fund has generated highest return amongst Strategy funds in the last 1 Year.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1%, if redeemed within 365 days.