Motilal Oswal Business Cycle Fund holds 36 instruments (98.13% equity), led by ETERNAL LIMITED (5.65%), Coforge Limited (4.65%) and RBL Bank Limited (4.37%), as of its 30 September 2026 SEBI-mandated monthly disclosure.
This page shows the complete disclosed portfolio of Motilal Oswal Business Cycle Fund, managed by Motilal Oswal Mutual Fund, based on its monthly portfolio disclosure dated 30 September 2026. The fund holds 36 instruments with an equity allocation of 98.13%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.
Motilal Oswal Business Cycle Fund's top 10 holdings account for 38.72% of its portfolio, more diversified than the Thematic category average of 49.2%. Financial Services is its largest sector exposure at 28.5% of net assets, spread across 8 sectors in total. Since its 31 August 2026 disclosure, the fund added 5 new positions and exited 2 positions, with Ellenbarrie Industrial Gases Limited seeing the largest move (-3.22pp to 3.15%).
Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.
Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.
| Stock | Weight | Change |
|---|---|---|
| Prestige Estates Projects Limited | 2.1% → 3.24% | ▲ +1.14 |
| Billionbrains Garage Ventures Limited | 1.97% → 2.94% | ▲ +0.97 |
| One 97 Communications Limited | 2.69% → 3.46% | ▲ +0.77 |
| Emmvee Photovoltaic Power Limited | 2.56% → 3.17% | ▲ +0.61 |
| RBL Bank Limited | 3.86% → 4.37% | ▲ +0.51 |
| BSE Limited | 2.56% → 3.05% | ▲ +0.49 |
| Belrise Industries Limited | 2.04% → 2.26% | ▲ +0.22 |
| ETERNAL LIMITED | 5.43% → 5.65% | ▲ +0.22 |
| Bharti Airtel Limited | 2.91% → 3.02% | ▲ +0.11 |
| Stock | Weight | Change |
|---|---|---|
| Ellenbarrie Industrial Gases Limited | 6.37% → 3.15% | ▼ -3.22 |
| PG Electroplast Limited | 1.81% → 0.81% | ▼ -1 |
| Ather Energy Limited | 3.12% → 2.76% | ▼ -0.36 |
| Coforge Limited | 4.94% → 4.65% | ▼ -0.29 |
| IndusInd Bank Limited | 3.48% → 3.29% | ▼ -0.19 |
| Shriram Finance Limited | 2.75% → 2.6% | ▼ -0.15 |
| Biocon Limited | 2.8% → 2.68% | ▼ -0.12 |
| ABB India Limited | 2.19% → 2.07% | ▼ -0.12 |
% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Sept 2026).
| # | Holding | Sector | % to NAV |
|---|---|---|---|
| 1 | ETERNAL LIMITED | Consumer Discretionary | 5.65% |
| 2 | Coforge Limited | Information Technology | 4.65% |
| 3 | RBL Bank Limited | Financial Services | 4.37% |
| 4 | Kalyan Jewellers India Limited | Consumer Discretionary | 4.09% |
| 5 | One 97 Communications Limited | Financial Services | 3.46% |
| 6 | Max Healthcare Institute Limited | Healthcare | 3.4% |
| 7 | Urban Company Limited | Consumer Discretionary | 3.35% |
| 8 | IndusInd Bank Limited | Financial Services | 3.29% |
| 9 | Prestige Estates Projects Limited | Real Estate | 3.24% |
| 10 | Apollo Hospitals Enterprise Limited | Healthcare | 3.22% |
| 11 | CG Power and Industrial Solutions Limited | Industrials | 3.2% |
| 12 | Persistent Systems Limited | Information Technology | 3.17% |
| 13 | Emmvee Photovoltaic Power Limited | Industrials | 3.17% |
| 14 | Ellenbarrie Industrial Gases Limited | Materials | 3.15% |
| 15 | Samvardhana Motherson International Limited | Consumer Discretionary | 3.07% |
| 16 | BSE Limited | Financial Services | 3.05% |
| 17 | Bharti Airtel Limited | Telecommunication | 3.02% |
| 18 | Firstsource Solutions Limited | Industrials | 2.95% |
| 19 | Billionbrains Garage Ventures Limited | Financial Services | 2.94% |
| 20 | ESDS SOFTWARE SOLUTION LTD | Information Technology | 2.81% |
| 21 | Ather Energy Limited | Consumer Discretionary | 2.76% |
| 22 | Biocon Limited | Healthcare | 2.68% |
| 23 | Shriram Finance Limited | Financial Services | 2.6% |
| 24 | UNO Minda Limited | Consumer Discretionary | 2.55% |
| 25 | Belrise Industries Limited | Consumer Discretionary | 2.26% |
| 26 | PNB Housing Finance Limited | Financial Services | 2.24% |
| 27 | OnEMI Technology Solutions Limited | Financial Services | 2.23% |
| 28 | IDFC First Bank Limited | Financial Services | 2.21% |
| 29 | WeWork India Management Limited | Industrials | 2.15% |
| 30 | Sansera Engineering Limited | Consumer Discretionary | 2.11% |
| 31 | Muthoot Finance Limited | Financial Services | 2.11% |
| 32 | ABB India Limited | Industrials | 2.07% |
| 33 | Triparty Repotreps | — | 1.01% |
| 34 | Net Receivables / (Payables)other | — | 0.86% |
| 35 | PG Electroplast Limited | Consumer Discretionary | 0.81% |
| 36 | Lenskart Solutions Limited | Consumer Discretionary | 0.1% |
New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.
Source: Motilal Oswal Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 30 September 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.