Motilal Oswal Business Cycle Fund
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.
Growthvine rating: 3/5 — ranked #76 of 179 in category.
Fund basics
| Category | Equity: Thematic |
|---|
| NAV | ₹12.77 (as of 2026-08-21) |
|---|
| AUM | ₹1,465 Cr |
|---|
| Expense ratio | 1.81% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Ankit Agarwal |
|---|
| Exit load | 1% for redemption within 365 days |
|---|
Performance & risk
| Standard deviation | 0.00% |
|---|
| Max drawdown | -25.29% |
|---|
| Alpha | 0 |
|---|
| Beta | 0 |
|---|
Over 5 years, captured 113.6% of Nifty 500's upside and 84.8% of its downside.
Market cap allocation
| Large cap | 27.3% |
|---|
| Mid cap | 38.7% |
|---|
| Small cap | 34.0% |
|---|
Concentration
| Top 5 holdings | 24.1% |
|---|
| Top 10 holdings | 41.6% |
|---|
| Total holdings | 33 |
|---|
Top holdings
- COFORGE LIMITED — 5.3%
- ELLENBARRIE INDUSTRIAL GASES LIMITED — 5.3%
- Eternal Limited — 5.0%
- Kalyan Jewellers India Limited — 4.3%
- HealthCare Global Enterprises Limited — 4.2%
- RBL Bank Limited — 3.8%
- Max Healthcare Institute Limited — 3.6%
- IndusInd Bank Ltd. — 3.5%
- Apollo Hospitals Enterprises Ltd. — 3.3%
- Firstsource Solutions Ltd. — 3.3%
Top sectors
- Banking & Financial — 19.0%
- Healthcare — 11.1%
- Retail — 9.7%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 2.4% | Q3 | #93 of 167 |
| 2025 | -3.7% | Q4 (Bottom) | #114 of 132 |