Motilal Oswal Business Cycle Fund

Motilal Oswal Mutual FundThematicPortfolio as of 30 June 2026

Motilal Oswal Business Cycle Fund holds 29 instruments (99.28% equity), led by Kalyan Jewellers India Limited (9.46%), ETERNAL LIMITED (9.38%) and Persistent Systems Limited (7.42%), as of its 30 June 2026 SEBI-mandated monthly disclosure.

Holdings
29
Equity Allocation
99.28%
AMC
Motilal Oswal Mutual Fund
Category
Thematic

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 June 2026. The fund holds 29 instruments with an equity allocation of 99.28%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

Motilal Oswal Business Cycle Fund's top 10 holdings account for 57.19% of its portfolio, more concentrated than the Thematic category average of 50.4%. Consumer Discretionary is its largest sector exposure at 29.4% of net assets, spread across 7 sectors in total. Since its 31 May 2026 disclosure, the fund added 2 new positions and exited 1 position, with Coforge Limited seeing the largest move (-3.51pp to 5.53%).

Top 10 Equity Holdings

What Changed: May 2026 → June 2026

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.

2 new entries1 exit10 increased8 reduced

Biggest Weight Increases

StockWeightChange
Emmvee Photovoltaic Power Limited1.58% → 2.79%▲ +1.21
Kalyan Jewellers India Limited8.42% → 9.46%▲ +1.04
ETERNAL LIMITED8.7% → 9.38%▲ +0.68
ABB India Limited1.65% → 2.13%▲ +0.48
HDFC Bank Limited4.45% → 4.87%▲ +0.42
Ellenbarrie Industrial Gases Limited5.24% → 5.53%▲ +0.29
Urban Company Limited2.48% → 2.76%▲ +0.28
Apollo Hospitals Enterprise Limited3.13% → 3.39%▲ +0.26
Billionbrains Garage Ventures Limited1.97% → 2.19%▲ +0.22
AU Small Finance Bank Limited2.74% → 2.94%▲ +0.2

Biggest Weight Reductions

StockWeightChange
Coforge Limited9.04% → 5.53%▼ -3.51
Thirumalai Chemicals Limited1.86% → 0.49%▼ -1.37
PG Electroplast Limited4.79% → 3.47%▼ -1.32
Persistent Systems Limited8.73% → 7.42%▼ -1.31
Bharti Airtel Limited4.02% → 3.15%▼ -0.87
CG Power and Industrial Solutions Limited3.82% → 3.53%▼ -0.29
Muthoot Finance Limited2.5% → 2.28%▼ -0.22
BSE Limited2.81% → 2.67%▼ -0.14

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 5 monthly disclosures (Jan – Jun 2026).

Jan: 6.77%, Feb: 8.57%, Mar: 9.05%, May: 8.42%, Jun: 9.46%
9.46%
Jan: 7.32%, Feb: 7.36%, Mar: 8.08%, May: 8.7%, Jun: 9.38%
9.38%
Jan: 9.33%, Feb: 8.17%, Mar: 9.69%, May: 8.73%, Jun: 7.42%
7.42%
Jan: 4.36%, Feb: 3.97%, Mar: 3.94%, May: 5.24%, Jun: 5.53%
5.53%
Jan: 8.41%, Feb: 6.73%, Mar: 7.28%, May: 9.04%, Jun: 5.53%
5.53%

Full Portfolio (29 holdings)

#HoldingSector% to NAV
1Kalyan Jewellers India LimitedConsumer Discretionary9.46%
2ETERNAL LIMITEDConsumer Discretionary9.38%
3Persistent Systems LimitedInformation Technology7.42%
4Ellenbarrie Industrial Gases LimitedMaterials5.53%
5Coforge LimitedInformation Technology5.53%
6HDFC Bank LimitedFinancial Services4.87%
7Healthcare Global Enterprises LimitedHealthcare4.14%
8Max Healthcare Institute LimitedHealthcare3.86%
9CG Power and Industrial Solutions LimitedIndustrials3.53%
10PG Electroplast LimitedConsumer Discretionary3.47%
11Apollo Hospitals Enterprise LimitedHealthcare3.39%
12IndusInd Bank LimitedFinancial Services3.34%
13Dr. Reddy's Laboratories LimitedHealthcare3.29%
14Bharti Airtel LimitedTelecommunication3.15%
15AU Small Finance Bank LimitedFinancial Services2.94%
16Emmvee Photovoltaic Power LimitedIndustrials2.79%
17Urban Company LimitedConsumer Discretionary2.76%
18BSE LimitedFinancial Services2.67%
19Ashok Leyland LimitedIndustrials2.43%
20UNO Minda LimitedConsumer Discretionary2.35%
21RBL Bank LimitedFinancial Services2.35%
22Muthoot Finance LimitedFinancial Services2.28%
23Billionbrains Garage Ventures LimitedFinancial Services2.19%
24ABB India LimitedIndustrials2.13%
25Ather Energy LimitedConsumer Discretionary1.98%
26Shriram Finance LimitedFinancial Services1.56%
27Thirumalai Chemicals LimitedMaterials0.49%
28Net Receivables / (Payables)other0.48%
29Triparty Repotreps0.24%

Frequently Asked Questions

Yes. As of its 30 June 2026 disclosure, Kalyan Jewellers India Limited is 9.46% of Motilal Oswal Business Cycle Fund's net assets — its number 1 holding.
Yes. As of its 30 June 2026 disclosure, ETERNAL LIMITED is 9.38% of Motilal Oswal Business Cycle Fund's net assets — its number 2 holding.
Yes. As of its 30 June 2026 disclosure, Persistent Systems Limited is 7.42% of Motilal Oswal Business Cycle Fund's net assets — its number 3 holding.
Yes. As of its 30 June 2026 disclosure, Ellenbarrie Industrial Gases Limited is 5.53% of Motilal Oswal Business Cycle Fund's net assets — its number 4 holding.
Yes. As of its 30 June 2026 disclosure, Coforge Limited is 5.53% of Motilal Oswal Business Cycle Fund's net assets — its number 5 holding.

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 June 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.