Motilal Oswal Business Cycle Fund Direct Growth

Equity

Motilal Oswal Mutual Fund

Equity - Other

Get the latest NAV of Motilal Oswal Business Cycle Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹11.96

▼-0.1%1D

NAV as on 22 Jan 2026

13.61%/per year

Since Inception

Absolute Gain%

▲▼

2866 people have invested ₹ 3.5Cr in Motilal Oswal Business Cycle Fund Direct Growth in the last three months

Motilal Oswal Business Cycle Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (22-Jan-26)

The fund has underperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period	1M	3M	6M	1Y	3Y	5Y
This Fund	-8.58%	-9.65%	-7.07%	5.8%	--	--
Nifty 500	-3.6%	-3.16%	-1.34%	7.53%	14.45%	14.18%
Equity - Other Avg	--	--	--	--	--	--
Best in Equity - Other	5.1%	8.14%	12.51%	24.57%	30.07%	30.61%
Worst in Equity - Other	-8.08%	-13.53%	-14.55%	-13.4%	7.78%	7.9%

Peer comparison

Fund Name	INDmoney Rank	AUM (in Crs.)	Expense Ratio	1Y Returns	3Y Returns	3Y Alpha	3Y Beta	3Y Sharpe	3Y Sortino	3Y Info Ratio
Motilal Oswal Business Cycle Fund	-	2,113Cr	0.82%	5.8%	-	--	--	--	--	--
ICICI Prudential India Opportunities Fund Direct Growth	1/46	34,779Cr	0.65%	14.38%	23.59%	8.13	0.82	1.44	2.80	1.71
Nippon India Quant Fund Direct Growth	2/46	110Cr	0.53%	11.78%	19.86%	4.43	0.99	1.06	1.87	1.44
ICICI Prudential Business Cycle Fund Direct Growth	3/46	15,958Cr	0.75%	15.97%	22.16%	7.56	0.83	1.39	2.77	1.61

See all

Motilal Oswal Business Cycle Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

₹1L

₹10L

1-time
SIP

Total Investment

Profit

Total Corpus

Absolute Return

▲

▼

Motilal Oswal Business Cycle Fund Asset Allocation

See fund asset allocation details as on (14-Jan-26)

Fund Distribution

as on (14-Jan-26)

Small cap

31.5%

Mid cap

30.3%

Large cap

23.3%

Mid Cap allocation has gone down from 38.8% to 30.3%

Large Cap allocation has gone up from 17.3% to 23.3%

Small Cap allocation has gone up from 21.6% to 31.5%

Cash allocation has gone down from 14.8% to 14.8%

Motilal Oswal Business Cycle Fund Sector Allocation

See fund sector allocation details as on (14-Jan-26)

Sector Allocation

Tech

36.1%

Consumer Cyclical

22.9%

Basic Materials

17.3%

Industrial

13.8%

Health

6.7%

Financial Services

3.2%

Top 3 Sectors in December were Tech, Basic Materials & Consumer Cyclical

Dec'25

Tech

25%

Basic Materials

23%

Consumer Cyclical

17%

Nov'25

Tech

23%

Basic Materials

22%

Consumer Cyclical

19%

Motilal Oswal Business Cycle Fund Holdings Details

as on (31-Dec-25)

Holdings	Weight%	1M Change
Persistent Systems Ltd	10.09%	23.6%
Bharti Airtel Ltd	9.46%	4.6%
Shaily Engineering Plastics Ltd	9.36%	-2.7%
Kalyan Jewellers India Ltd	8.04%	12.9%
Coforge Ltd	7.48%	7%

See all

Top Stocks bought last month

Persistent Systems Ltd's allocation increased from 7.85% to 10.09%

Ellenbarrie Industrial Gases Ltd's allocation increased from 3.24% to 4.83%

Kalyan Jewellers India Ltd's allocation increased from 7.03% to 8.04%

Top Stocks sold last month

Shaily Engineering Plastics Ltd's allocation decreased from 10.51 % to 9.36 %

Coforge Ltd's allocation decreased from 10.07 % to 7.48 %

Eternal Ltd's allocation decreased from 8.76 % to 6.17 %

Motilal Oswal Business Cycle Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio	0.82%
Benchmark	Nifty 500 TRI
AUM	₹2113 Cr
Inception Date	27 August, 2024
Min Lumpsum/SIP	₹500/₹500
Exit Load	1.0%
Lock In	No Lock-in
TurnOver	162.39%
Risk	Very High Risk

About Motilal Oswal Business Cycle Fund

Motilal Oswal Business Cycle Fund Direct Growth is an equity fund. This fund was started on 27 August, 2024. The fund is managed by Ajay Khandelwal, Rakesh Shetty, Sunil Sawant, Atul Mehra, Niket Shah. The fund could potentially beat inflation in the long-run.

Key Parameters

Motilal Oswal Business Cycle Fund Direct Growth has ₹2113 Cr worth of assets under management (AUM) as on Jan 2026 and is more than category average.
The fund has an expense ratio 0.8.

Returns

Motilal Oswal Business Cycle Fund Direct Growth has given a CAGR return of 13.61% since inception. Over the last 1 year the fund has given a CAGR return of 5.80%.

Holdings

Motilal Oswal Business Cycle Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Basic Materials, Consumer Cyclical, Financial Services, Communication, Health, Industrial. Its top holdings are Persistent Systems Ltd, Bharti Airtel Ltd, Shaily Engineering Plastics Ltd, Kalyan Jewellers India Ltd, Coforge Ltd

Taxation

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Motilal Oswal Business Cycle Fund Direct Growth

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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Motilal Oswal Business Cycle Fund Direct Growth has no lock in period.