Motilal Oswal Services Fund

Motilal Oswal Mutual FundThematicPortfolio as of 30 September 2026

Motilal Oswal Services Fund holds 36 instruments (96.97% equity), led by Multi Commodity Exchange of India Limited (6.25%), Aster DM Healthcare Limited (4.64%) and Aditya Birla Capital Limited (4.57%), as of its 30 September 2026 SEBI-mandated monthly disclosure.

Holdings
36
Equity Allocation
96.97%
AMC
Motilal Oswal Mutual Fund
Category
Thematic

This page shows the complete disclosed portfolio of Motilal Oswal Services 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 96.97%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

Motilal Oswal Services Fund's top 10 holdings account for 44.39% of its portfolio, more diversified than the Thematic category average of 49.2%. Financial Services is its largest sector exposure at 42.75% of net assets, spread across 6 sectors in total. Since its 31 August 2026 disclosure, the fund added 6 new positions and exited 5 positions, with Hexaware Technologies Limited seeing the largest move (-2.33pp to 1.76%).

Sector Breakdown

Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.

Financial Services
42.75%
Consumer Discretionary
16.43%
Healthcare
14.43%
Information Technology
10.18%
Industrials
9.34%
Services
3.84%
Other
3.03%

Top 10 Equity Holdings

What Changed: August 2026 → September 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.

6 new entries5 exits4 increased10 reduced

Biggest Weight Increases

StockWeightChange
Meesho Limited3.01% → 4.18%▲ +1.17
RBL Bank Limited2.11% → 2.69%▲ +0.58
Shadowfax Technologies Limited3.64% → 3.84%▲ +0.2
Physicswallah Limited3.17% → 3.28%▲ +0.11

Biggest Weight Reductions

StockWeightChange
Hexaware Technologies Limited4.09% → 1.76%▼ -2.33
One 97 Communications Limited4.52% → 3.35%▼ -1.17
Religare Enterprises Limited1.07% → 0.27%▼ -0.8
Aster DM Healthcare Limited5.17% → 4.64%▼ -0.53
Apollo Hospitals Enterprise Limited4.94% → 4.41%▼ -0.53
Aditya Birla Capital Limited5.05% → 4.57%▼ -0.48
Kfin Technologies Limited2.95% → 2.48%▼ -0.47
Zensar Technologies Limited3.97% → 3.54%▼ -0.43
Shriram Finance Limited2.79% → 2.41%▼ -0.38
Restaurant Brands Asia Limited4.14% → 3.76%▼ -0.38

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Sept 2026).

Feb: 2.47%, Mar: 6.5%, May: 4.51%, Jun: 4.09%, Aug: 6.62%, Sept: 6.25%
6.25%
Feb: 7.15%, Mar: 7.85%, May: 7.29%, Jun: 7.41%, Aug: 5.17%, Sept: 4.64%
4.64%
Feb: 6.74%, Mar: 6.13%, May: 5.24%, Jun: 5.34%, Aug: 5.05%, Sept: 4.57%
4.57%
Feb: 4.23%, Mar: 4.3%, May: 5.31%, Jun: 5.32%, Aug: 4.94%, Sept: 4.41%
4.41%

Full Portfolio (36 holdings)

#HoldingSector% to NAV
1Multi Commodity Exchange of India LimitedFinancial Services6.25%
2Aster DM Healthcare LimitedHealthcare4.64%
3Aditya Birla Capital LimitedFinancial Services4.57%
4Spectrum Electrical Industries LimitedIndustrials4.43%
5Apollo Hospitals Enterprise LimitedHealthcare4.41%
6Aditya Birla Sun Life AMC LimitedFinancial Services4.3%
7Meesho LimitedConsumer Discretionary4.18%
8Raymond LimitedIndustrials4.01%
9Shadowfax Technologies LimitedServices3.84%
10Restaurant Brands Asia LimitedConsumer Discretionary3.76%
11Zensar Technologies LimitedInformation Technology3.54%
12BSE LimitedFinancial Services3.44%
13One 97 Communications LimitedFinancial Services3.35%
14Physicswallah LimitedConsumer Discretionary3.28%
15LALITHAA JEWELLERY MART LTDConsumer Discretionary3.26%
16Gland Pharma LimitedHealthcare3.14%
17Net Receivables / (Payables)other—3.03%
18RBL Bank LimitedFinancial Services2.69%
19Kfin Technologies LimitedFinancial Services2.48%
20DCB Bank LimitedFinancial Services2.44%
21Crisil LimitedFinancial Services2.43%
22Canara HSBC Life Insurance Company LimitedFinancial Services2.43%
23Shriram Finance LimitedFinancial Services2.41%
24The Jammu & Kashmir Bank LimitedFinancial Services2.28%
25Amagi Media Labs LimitedInformation Technology2.24%
26Bajaj Finance LimitedFinancial Services2.07%
27Hexaware Technologies LimitedInformation Technology1.76%
28Acutaas Chemicals LimitedHealthcare1.55%
29Yatra Online LimitedConsumer Discretionary1.54%
30BIRLASOFT LIMITEDInformation Technology1.5%
31ICICI Prudential Asset Management Company LimitedFinancial Services1.34%
32Mastek LimitedInformation Technology1.14%
33Redington LimitedIndustrials0.9%
34Nephrocare Health Services LimitedHealthcare0.69%
35Electronics Mart India LimitedConsumer Discretionary0.41%
36Religare Enterprises LimitedFinancial Services0.27%

Frequently Asked Questions

Yes. As of its 30 September 2026 disclosure, Multi Commodity Exchange of India Limited is 6.25% of Motilal Oswal Services Fund's net assets — its number 1 holding.
Yes. As of its 30 September 2026 disclosure, Aster DM Healthcare Limited is 4.64% of Motilal Oswal Services Fund's net assets — its number 2 holding.
Yes. As of its 30 September 2026 disclosure, Aditya Birla Capital Limited is 4.57% of Motilal Oswal Services Fund's net assets — its number 3 holding.
Yes. As of its 30 September 2026 disclosure, Spectrum Electrical Industries Limited is 4.43% of Motilal Oswal Services Fund's net assets — its number 4 holding.
Yes. As of its 30 September 2026 disclosure, Apollo Hospitals Enterprise Limited is 4.41% of Motilal Oswal Services 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 September 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.