Loading…
Mid Cap · Motilal Oswal Mutual Fund · AMFI code 127039Motilal Oswal Midcap Fund
Disclosed for 50 months, Aug 2022 to Sep 2026.
Portfolio value
₹36,880 Cr
down ₹1,123 Cr vs Nov 2025
- Stocks held
- 19
- unchanged
- Top 10 weight
- 66.1%
- of the portfolio in its ten largest
Motilal Oswal Midcap Fund is an active equity fund in the Mid Cap category from Motilal Oswal Mutual Fund. In December 2025 it disclosed 19 stocks worth ₹36,880 Cr, down ₹1,123 Cr from Nov 2025. Its largest positions were Persistent Systems Limited (10.2%), Coforge Limited (8.9%), One 97 Communications Limited (7.9%); the ten largest together made up 66.1% of the portfolio, and IT - Software was the biggest sector at 22.8% of its equity. Cash and debt stood at 18.4%. Compared with Nov 2025 the fund entered 0 new stocks and exited 0.
Against 32 other Mid Cap funds
Concentration
100%
Top-10 weight is higher than 100% of peers
Breadth
0%
Holds more stocks than 0% of peers
Cash
97%
Holds more cash than 97% of peers
What these mean: concentration · cash
Holdings in December 2025
Download CSVEvery line the fund disclosed, with the change against Nov 2025. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| Cash, TREPS & receivables | 18.40% | up 10.49 pts | ₹6,786 Cr | up ₹3,778 Cr | Added |
| Persistent Systems Limited | 10.15% | up 0.12 pts | ₹3,744 Cr | down ₹67.5 Cr | Trimmed |
| Coforge Limited | 8.91% | down 1.01 pts | ₹3,284 Cr | down ₹485 Cr | Trimmed |
| One 97 Communications Limited | 7.92% | up 0.11 pts | ₹2,923 Cr | down ₹46 Cr | Trimmed |
| Kalyan Jewellers India Limited | 7.90% | down 0.08 pts | ₹2,914 Cr | down ₹120 Cr | Trimmed |
| Dixon Technologies (India) Limited | 6.89% | down 1.18 pts | ₹2,541 Cr | down ₹525 Cr | Trimmed |
| Eternal Limited | 5.77% | down 2.92 pts | ₹2,127 Cr | down ₹1,174 Cr | Trimmed |
| Bharti Airtel Limited | 5.43% | up 0.18 pts | ₹2,004 Cr | up ₹7.5 Cr | Held |
| KEI Industries Limited | 4.84% | up 0.47 pts | ₹1,784 Cr | up ₹126 Cr | Added |
| Aditya Birla Capital Limited | 4.61% | up 0.13 pts | ₹1,699 Cr | down ₹1.7 Cr | Held |
| Bharti Hexacom Limited | 3.70% | up 0.21 pts | ₹1,366 Cr | up ₹40.1 Cr | Added |
| Polycab India Limited | 3.53% | down 1.44 pts | ₹1,301 Cr | down ₹588 Cr | Trimmed |
| L&T Finance Limited | 3.25% | up 0.37 pts | ₹1,199 Cr | up ₹106 Cr | Added |
| Tube Investments of India Limited | 2.48% | down 0.09 pts | ₹914 Cr | down ₹60.4 Cr | Trimmed |
| Prestige Estates Projects Limited | 2.38% | down 0.05 pts | ₹877 Cr | down ₹45.4 Cr | Trimmed |
| BSE Limited | 2.23% | down 1.60 pts | ₹822 Cr | down ₹633 Cr | Trimmed |
| Trent Limited | 1.45% | down 0.33 pts | ₹535 Cr | down ₹143 Cr | Trimmed |
| Max Healthcare Institute Limited | 0.85% | down 0.76 pts | ₹314 Cr | down ₹299 Cr | Trimmed |
| Kaynes Technology India Limited | 0.74% | down 1.06 pts | ₹274 Cr | down ₹413 Cr | Trimmed |
| PB Fintech Limited | 0.56% | up 0.04 pts | ₹208 Cr | up ₹7.5 Cr | Added |
| BSE Limited January 2026 Future Derivative | −2.00% | down 2.00 pts | −₹736 Cr | down ₹736 Cr | New |
What changed, Nov 2025 to Dec 2025
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- KEI Industries Limitedup ₹126 Cr (+0.47% pts)
- L&T Finance Limitedup ₹106 Cr (+0.37% pts)
- Bharti Hexacom Limitedup ₹40.1 Cr (+0.21% pts)
- PB Fintech Limitedup ₹7.5 Cr (+0.04% pts)
Trimmed Biggest reductions
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Nov 2025, the weight rose most in Telecom - Services (+1.5 pts) and Finance (+1.4 pts), and fell most in Retailing (−2.7 pts) and Capital Markets (−1.5 pts).
- Telecom - Services9.5% → 10.9%+1.5 pts
- Finance7.9% → 9.4%+1.4 pts
- IT - Software21.6% → 22.8%+1.2 pts
- Financial Technology (fintech)9.0% → 10.2%+1.1 pts
- Consumer Durables17.4% → 17.7%+0.3 pts
- Realty2.6% → 2.8%+0.2 pts
- Retailing11.3% → 8.6%−2.7 pts
- Capital Markets4.1% → 2.7%−1.5 pts
- Industrial Manufacturing2.0% → 0.9%−1.1 pts
- Healthcare Services1.7% → 1.0%−0.7 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Dec 2022 | Dec 2024 | Jun 2025 | Sep 2025 | Nov 2025 | Dec 2025 |
|---|---|---|---|---|---|---|
| IT - Software | — | 25.7% | 26.2% | 19.1% | 21.6% | 22.8% |
| Consumer Durables | 12.3% | 16.6% | 20.0% | 19.1% | 17.4% | 17.7% |
| Telecom - Services | — | 3.2% | 4.8% | 3.5% | 9.5% | 10.9% |
| Financial Technology (fintech) | — | 4.2% | 3.4% | 8.9% | 9.0% | 10.2% |
| Industrial Products | 2.0% | 13.6% | 13.3% | 14.9% | 10.1% | 10.0% |
| Finance | 4.4% | 5.7% | 3.1% | 3.5% | 7.9% | 9.4% |
| Retailing | 6.7% | 10.5% | 11.3% | 17.7% | 11.3% | 8.6% |
| Auto Components | 12.3% | 5.4% | 3.2% | 3.4% | 2.8% | 3.0% |
| Realty | 13.3% | 2.2% | 3.4% | 2.6% | 2.6% | 2.8% |
| Capital Markets | 0.7% | — | — | — | 4.1% | 2.7% |
Allocation in Dec 2025change vs Nov 2025
- IT - Software (2)22.8%▲ 1.2 pts
- Consumer Durables (2)17.7%
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal. More on reading cash.
Cash & debt, Dec 2025
18.4%
▲ 10.5 pts vs Nov 2025
- Cash alone
- 18.4%
- cash and net receivables
- A year earlier
- 9.2%
- Dec 2024 · now ▲ 9.2 pts
- Last 12 months
- 2.6% – 32.9%
- lowest to highest · record 32.9% in Mar 2025
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.