Standard Deviation(%)
25.1
Beta
1.4
Sharpe Ratio
0.2
Motilal Oswal-Value Migration Strategy
Motilal Oswal PMS
Inception Date: 18-02-2003
Benchmark: S&P BSE 500 TRI
Min. Investment: ₹50 Lacs
Strategy Type: Open Ended
Risk Ratios
Market Cap Allocation
Large Cap
32.9%
Mid Cap
39.6%
Small Cap
26.4%
Cash & Equivalents
1.1%
Market cap allocation as on July 31, 2025
Performance Comparison (CAGR %)
| Period | Strategy | Benchmark |
|---|---|---|
| 1 Year | 4.65% | -2.08% |
| 3 Year | 24.98% | 16.88% |
| 5 Year | 23.12% | 21.66% |
| 10 Year | 12.58% | 13.74% |
| Since Inception | 19.95% | 17.84% |
Returns as on July 31, 2025
Sector Allocation
Capital Goods
43.1%
Financial Services
13.4%
Consumer Services
9.0%
Consumer Durables
8.9%
Chemicals
6.8%
Healthcare
5.7%
Realty
4.4%
Services
4.0%
Information Technology
3.5%
Cash & Equivalents
1.1%
Sector allocation as on July 31, 2025
Top 10 Holdings
| Company | Weight |
|---|---|
| Eternal Ltd. | 5.8% |
| Multi Commodity Exchange of India Ltd. | 5.4% |
| Suzlon Energy Ltd. | 5.1% |
| Bharat Electronics Ltd. | 4.8% |
| Amber Enterprises India Ltd. | 4.8% |
| Religare Enterprises Ltd. | 4.7% |
| Bharat Dynamics Ltd. | 4.6% |
| Prestige Estates Projects Ltd. | 4.4% |
| Waaree Energies Ltd. | 4.4% |
| Kalyan Jewellers India Ltd. | 4.1% |
Holdings as on July 31, 2025
Strategy Overview
Identifying Value Migration
The Motilal Oswal Value Migration Strategy (VMS) is a multi-cap portfolio that aims to benefit from the structural shift of economic value from inefficient businesses to more efficient and scalable ones.
Bottom Up Stock Picking
The portfolio is constructed bottom-up and remains sector-agnostic, allowing the team to identify high-quality, scalable businesses undergoing value migration.
No. of Stocks
The strategy typically holds 20–25 high-conviction stocks across market caps, with a bias toward companies that demonstrate strong growth potential and enduring competitive advantages.
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)
Abhishek Anand
Experience: 20 Years
Designation: PMS Manager
Abhishek has over 20 years of experience in equities with more than 10 years of Fund Management experience. He has worked with organisations like CMIE, SBI Capital Markets Limited, Dun & Bradstreet. In his last stint with Centrum he worked as Portfolio Manager and generated strong performance. He is Certified Treasury Manager and completed his Masters in Management Studies from Mumbai Universities.
Other Strategies:
Motilal Oswal Value Migration Strategy, Motilal Oswal Founders Portfolio
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