Standard Deviation(%)
22.5
Beta
1.1
Sharpe Ratio
0.1
Motilal Oswal Mid to Mega Strategy
Motilal Oswal PMS
Inception Date: 24-12-2019
Benchmark: BSE 500 TRI
Min. Investment: ₹50 Lacs
Strategy Type: Open Ended Equity
Risk Ratios
Market Cap Allocation
Large Cap
12.6%
Mid Cap
42.0%
Small Cap
32.0%
Cash & Equivalents
13.4%
Market cap allocation as on July 31, 2025
Performance Comparison (CAGR %)
| Period | Strategy | Benchmark |
|---|---|---|
| 1 Year | 4.08% | -2.08% |
| 3 Year | 25.69% | 16.88% |
| 5 Year | 26.19% | 21.66% |
| 10 Year | N/A% | N/A% |
| Since Inception | 25.2% | 17.42% |
Returns as on July 31, 2025
Sector Allocation
Capital Goods
25.6%
Consumer Durables
16.0%
Financial Services
13.5%
Cash & Equivalents
13.4%
Information Technology
7.0%
Healthcare
5.9%
Automobile and Auto Components
5.5%
Telecommunication
3.8%
Consumer Services
3.2%
Construction
3.2%
Forest Materials
1.9%
Realty
1.1%
Sector allocation as on July 31, 2025
Top 10 Holdings
| Company | Weight |
|---|---|
| Hitachi Energy India Ltd. | 6.8% |
| Kalyan Jewellers India Ltd. | 6.6% |
| PG Electroplast Ltd. | 6.5% |
| Suzlon Energy Ltd. | 6.0% |
| Global Health Ltd. | 5.9% |
| TVS Motor Company Ltd. | 5.5% |
| Apar Industries Ltd. | 3.8% |
| Bharti Airtel Partly Paid | 3.8% |
| Angel One Ltd. | 3.8% |
| Multi Commodity Exchange of India Ltd. | 3.8% |
Holdings as on July 31, 2025
Strategy Overview
What is Mid To Mega ?
Mid and Small Caps are the Large Caps of the Future. Based on Mr. Raamdeo Agrawal’s 20th Annual Wealth Creation Study, Mid to Mega stands for a company’s stock crossing over from the Mid to the Mega category (i.e. top 100).
This marks a significant crossover for any company, both in terms of achieving critical mass and scale in its operations, and recognition of the same by the stock markets.
3 Types of profitable crossovers for wealth creation:
Mini to Mega (Very Low Probability)
Mini to Mid (Low Probability)
Mid to Mega (Low to Medium Probability)
Probability that a mid will become mega in 5 years is as high as ~14% compared to less than 1%probability of a mini to mega/mid transition
Why Mid Cap?
Entering The Sweet Spot Of The Market:
We believe that Market cap rank 101-400 is the sweet spot for Indian equities
They can provide balance between growth and a demonstrated history of management success.
Market Cap Growth Transition: Better Strike Rate Among Mid Size Companies
Investment Philosophy
The investment philosophy of Motilal Oswal PMS is centered around the belief that “Money is made by investing for the long term.” The strategy aims to identify businesses that can compound capital sustainably over years.
At the core of this approach lies the QGLP framework — a simple yet powerful checklist for selecting high-quality companies.
Q - Quality
Focus on businesses with ethical, competent, and visionary management. Companies must exhibit leadership in their industry and have durable competitive advantages.
G - Growth
Identify businesses with strong earnings growth potential, expanding market opportunities, and scalable business models.
L - Longevity
Invest in companies that can sustain growth over long periods. Preference is given to stable business models with repeat revenue streams and long runways.
P - Price
Buy at a reasonable price that offers a margin of safety. Even the best business needs to be purchased at the right valuation to deliver strong long-term returns.
This philosophy drives the selection of a focused portfolio of 20–25 high-conviction stocks — aiming for long-term wealth creation with low churn and disciplined ownership.
Fund Manager(s)
Dhaval Mukesh Mehta
Experience: 14 Years
Designation: PMS Manager
Dhaval has over 14 years of experience in equity research and portfolio management. Prior to joining Motilal Oswal Asset Management, Dhaval was working with Aditya Birla SunLife AMC as Portfolio Manager, where he used to manage assets over $450mn and has delivered stellar performance across investment cycles. Prior to Aditya Birla SunLife AMC, he has worked with ASK Investment Managers, Emkay Global Financial Services, Ventura Securities and Infosys. Dhaval is a MBA from Narsee Monjee Institute of Management Studies, Mumbai and has done his Bachelor of Engineering from D.J Sanghvi College of Engineering, Mumbai.
Other Strategies:
Motilal Oswal Founders Portfolio
Vaibhav Agrawal
Designation: CIO & Fund Manager - PMS & AIF (Alternates)
Mr. Vaibhav Agrawal is currently managing approx 10000 Crs AUM at Motilal Oswal Asset Management Co. Ltd. across alternate products. He has also managed a proprietary PMS and has over a decade of experience in stock picking and generating index-beating returns. He has worked as a ratings analyst in CRISIL and investment analyst in Motilal Oswal Asset Management. He holds a Bachelors in Computer Science from the University of Pennsylvania and an MBA from London Business School.
Other Strategies:
Motilal Oswal Value Migration Strategy, Motilal Oswal Next Trillion Dollar Opportunity, Motilal Oswal Founders Portfolio