Motilal Oswal Nifty India Manufacturing ETF

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Portfolio Turnover Ratio : 221.00%. Category average turnover ratio is 34.12%. Fund manager updated portfolio more frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for shorter duration than peers)

Equity Holding : 99.80% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 99.80%

No of Stocks : 76 (Category Avg - 54.20) | Large Cap Investments : 49.96%| Mid Cap Investments : 21.4% | Small Cap Investments : 8.04% | Other : 20.39%

Portfolio Summary (as on 31st Oct,2025)

Particulars	This Scheme	Category
No. of Stocks	76	76.28
Top 5 Stock Weight	23.66%	37.21%
Top 10 Stock Weight	38.7%	54.41%
Top 3 Sector Weight	37.85%	34.22%

Category - Index Funds/ETFs

Particulars	This Scheme	Category
Average mcap (Cr)	82948.40	113148.29
Holdings in large cap stocks	49.96%	50.9%
Holdings in mid cap stocks	21.4%	15.68%
Holdings in small cap stocks	8.04%	8.49%

Category - Index Funds/ETFs

Top 10 Stocks holding in Portfolio (as on 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Reliance Industries Ltd.	Refineries & marketing	1	5.31%	0.29%	5.31% (Oct 2025)	0% (Nov 2024)	679.00	2.00
Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	0.9	4.86%	-0.11%	5.28% (Aug 2025)	0% (Nov 2024)	57.00	0.00
Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	0.9	4.85%	-0.05%	5.11% (May 2025)	0% (Nov 2024)	264.00	1.00
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	0.9	4.68%	0.14%	5.02% (Jul 2025)	0% (Nov 2024)	525.00	2.00
Tata Steel Ltd.	Iron & steel products	0.8	3.96%	0.20%	3.96% (Oct 2025)	0% (Nov 2024)	4.12 k	12.00
Bharat Electronics Ltd.	Aerospace & defense	0.7	3.75%	0.09%	4.02% (May 2025)	0% (Nov 2024)	1.67 k	5.00
Hindalco Industries Ltd.	Aluminium	0.6	3.22%	0.24%	3.22% (Oct 2025)	0% (Nov 2024)	721.00	2.00
J S W Steel Ltd.	Iron & steel products	0.6	2.96%	0.07%	2.96% (Oct 2025)	0% (Nov 2024)	466.00	1.00
Bajaj Auto Ltd.	2/3 wheelers	0.5	2.57%	-0.02%	2.59% (Sep 2025)	0% (Nov 2024)	55.00	0.00
Eicher Motors Ltd.	2/3 wheelers	0.5	2.54%	-0.05%	2.59% (Sep 2025)	0% (Nov 2024)	69.00	1.00

- indicates change in weight in the portfolio. # indicates a new entry.

View complete holding

Complete equity Portfolio (as on 31st Oct,2025)

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Sector
M-Cap

Help me understand this table

Stock Invested in	Sector	Sector Total	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty	M-Cap	GroupName
Reliance Industries Ltd.	Refineries & marketing	8.75	1	5.31%	0.29%	5.31% (Oct 2025)	0% (Nov 2024)	679.00	2.00	Large Cap	49.96
Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	12.86	0.9	4.86%	-0.11%	5.28% (Aug 2025)	0% (Nov 2024)	57.00	0.00	Large Cap	49.96
Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	12.86	0.9	4.85%	-0.05%	5.11% (May 2025)	0% (Nov 2024)	264.00	1.00	Large Cap	49.96
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	16.23	0.9	4.68%	0.14%	5.02% (Jul 2025)	0% (Nov 2024)	525.00	2.00	Large Cap	49.96
Tata Steel Ltd.	Iron & steel products	8.76	0.8	3.96%	0.20%	3.96% (Oct 2025)	0% (Nov 2024)	4.12 k	12.00	Other	20.39
Bharat Electronics Ltd.	Aerospace & defense	5.95	0.7	3.75%	0.09%	4.02% (May 2025)	0% (Nov 2024)	1.67 k	5.00	Mid Cap	21.4
Hindalco Industries Ltd.	Aluminium	3.22	0.6	3.22%	0.24%	3.22% (Oct 2025)	0% (Nov 2024)	721.00	2.00	Large Cap	49.96
J S W Steel Ltd.	Iron & steel products	8.76	0.6	2.96%	0.07%	2.96% (Oct 2025)	0% (Nov 2024)	466.00	1.00	Large Cap	49.96
Bajaj Auto Ltd.	2/3 wheelers	7.29	0.5	2.57%	-0.02%	2.59% (Sep 2025)	0% (Nov 2024)	55.00	0.00	Large Cap	49.96
Eicher Motors Ltd.	2/3 wheelers	7.29	0.5	2.54%	-0.05%	2.59% (Sep 2025)	0% (Nov 2024)	69.00	1.00	Other	20.39
Tata Motors Ltd.	Passenger cars & utility vehicles	12.86	0.4	2.24%	-1.59%	4.05% (May 2025)	0% (Nov 2024)	1.04 k	3.00	Large Cap	49.96
Divis Laboratories Ltd.	Pharmaceuticals	16.23	0.4	2.23%	0.28%	2.32% (Jun 2025)	0% (Nov 2024)	63.00	0.00	Large Cap	49.96
Cipla Ltd.	Pharmaceuticals	16.23	0.4	2.21%	-0.07%	2.43% (Aug 2025)	0% (Nov 2024)	280.00	1.00	Large Cap	49.96
Hindustan Aeronautics Ltd.	Aerospace & defense	5.95	0.4	2.20%	-0.08%	2.75% (May 2025)	0% (Nov 2024)	89.00	1.00	Other	20.39
Vedanta Ltd.	Diversified metals	2.2	0.4	2.20%	0.06%	2.2% (Oct 2025)	0% (Nov 2024)	845.00	3.00	Large Cap	49.96
TVS Motor Company Ltd.	2/3 wheelers	7.29	0.4	2.16%	-0.02%	2.19% (Sep 2025)	0% (Nov 2024)	117.00	0.00	Mid Cap	21.4
Dr. Reddys Laboratories Ltd.	Pharmaceuticals	16.23	0.4	1.91%	-0.10%	2.11% (Jul 2025)	0% (Nov 2024)	303.00	1.00	Other	20.39
Bharat Petroleum Corporation Ltd.	Refineries & marketing	8.75	0.3	1.81%	0.03%	1.81% (Oct 2025)	0% (Nov 2024)	965.00	3.00	Large Cap	49.96
Suzlon Energy Ltd.	Heavy electrical equipment	5.18	0.3	1.77%	0.08%	2.47% (May 2025)	0% (Nov 2024)	5.66 k	16.00	Small Cap	8.04
Dixon Technologies (India) Ltd.	Consumer electronics	2.62	0.3	1.63%	-0.14%	1.77% (Sep 2025)	0% (Nov 2024)	20.00	0.00	Other	20.39
Indian Oil Corporation Ltd.	Refineries & marketing	8.75	0.3	1.63%	0.12%	1.63% (Oct 2025)	0% (Nov 2024)	1.86 k	5.00	Large Cap	49.96
Cummins India Ltd.	Compressors, pumps & diesel engines	1.44	0.3	1.44%	0.10%	1.44% (Oct 2025)	0% (Nov 2024)	63.00	0.00	Mid Cap	21.4
# TML Commercial Vehicles Ltd.	Commercial vehicles	2.42	0.3	1.42%	1.42%	1.42% (Oct 2025)	0% (Nov 2024)	1.04 k	1.04 k	Other	20.39
Lupin Ltd.	Pharmaceuticals	16.23	0.2	1.24%	0.00%	1.27% (May 2025)	0% (Nov 2024)	120.00	0.00	Large Cap	49.96
CG Power and Industrial Solutions Ltd.	Heavy electrical equipment	5.18	0.2	1.24%	-0.05%	1.29% (Sep 2025)	0% (Nov 2024)	320.00	0.00	Small Cap	8.04
Motherson Sumi Systems Ltd.	Auto components & equipments	3.98	0.2	1.23%	-0.04%	1.27% (Sep 2025)	0% (Nov 2024)	2.21 k	7.00	Large Cap	49.96
Pidilite Industries Ltd.	Specialty chemicals	2.97	0.2	1.18%	-0.05%	1.29% (May 2025)	0% (Nov 2024)	155.00	1.00	Large Cap	49.96
- SRF Ltd.	Specialty chemicals	2.97	0.2	1.11%	0.01%	1.25% (Jun 2025)	0% (Nov 2024)	72.00	0.00	Mid Cap	21.4
UPL Ltd.	Pesticides & agrochemicals	1.82	0.2	1.07%	0.07%	1.07% (Oct 2025)	0% (Nov 2024)	283.00	1.00	Large Cap	49.96
Jindal Steel Ltd.	Iron & steel products	8.76	0.2	1.04%	-0.03%	1.08% (Sep 2025)	0% (Nov 2024)	186.00	0.00	Mid Cap	21.4
Ashok Leyland Ltd.	Commercial vehicles	2.42	0.2	1.00%	-0.04%	1.03% (Sep 2025)	0% (Nov 2024)	1.34 k	4.00	Mid Cap	21.4
Havells India Ltd.	Consumer electronics	2.62	0.2	0.99%	-0.03%	1.05% (Aug 2025)	0% (Nov 2024)	126.00	1.00	Large Cap	49.96
Torrent Pharmaceuticals Ltd.	Pharmaceuticals	16.23	0.2	0.97%	-0.04%	1.06% (Jul 2025)	0% (Nov 2024)	52.00	0.00	Mid Cap	21.4
Polycab India Limited	Cables - electricals	1.55	0.2	0.93%	0.02%	0.93% (Aug 2025)	0% (Nov 2024)	23.00	0.00	Other	20.39
Bharat Forge Ltd.	Castings & forgings	1.24	0.2	0.93%	0.06%	0.93% (Jun 2025)	0% (Nov 2024)	133.00	1.00	Mid Cap	21.4
Hyundai Motor India Ltd.	Passenger cars & utility vehicles	12.86	0.2	0.91%	-0.09%	1% (Sep 2025)	0% (Nov 2024)	71.00	0.00	Other	20.39
Solar Industries India Ltd.	Explosives	0.88	0.2	0.88%	0.01%	1.13% (Jun 2025)	0% (Nov 2024)	12.00	0.00	Small Cap	8.04
Tube Investments Of India Ltd.	Auto components & equipments	3.98	0.2	0.84%	-0.05%	0.89% (Sep 2025)	0% (Nov 2024)	53.00	0.00	Small Cap	8.04
Bharat Heavy Electricals Ltd.	Heavy electrical equipment	5.18	0.2	0.84%	0.06%	0.97% (May 2025)	0% (Nov 2024)	600.00	2.00	Mid Cap	21.4
Aurobindo Pharma Ltd.	Pharmaceuticals	16.23	0.2	0.83%	0.01%	0.87% (Jul 2025)	0% (Nov 2024)	139.00	0.00	Large Cap	49.96
MRF Ltd.	Tyres & rubber products	1.31	0.2	0.83%	0.04%	1.39% (Jul 2025)	0% (Nov 2024)	1.00	0.00	Mid Cap	21.4
Voltas Limited	Household appliances	1.95	0.2	0.82%	-0.01%	0.85% (Aug 2025)	0% (Nov 2024)	113.00	0.00	Mid Cap	21.4
Alkem Laboratories Ltd.	Pharmaceuticals	16.23	0.2	0.81%	-0.01%	0.83% (Sep 2025)	0% (Nov 2024)	28.00	0.00	Mid Cap	21.4
APL Apollo Tubes Ltd.	Iron & steel products	8.76	0.2	0.80%	0.03%	0.96% (May 2025)	0% (Nov 2024)	85.00	1.00	Other	20.39
Bosch Ltd.	Auto components & equipments	3.98	0.2	0.78%	-0.04%	1.14% (Jul 2025)	0% (Nov 2024)	4.00	0.00	Large Cap	49.96
Pi Industries Ltd.	Pesticides & agrochemicals	1.82	0.1	0.75%	-0.01%	0.92% (Jul 2025)	0% (Nov 2024)	40.00	0.00	Mid Cap	21.4
Mankind Pharma Ltd.	Pharmaceuticals	16.23	0.1	0.71%	-0.04%	0.74% (Sep 2025)	0% (Nov 2024)	56.00	0.00	Other	20.39
Siemens Energy India Ltd.	Power generation	0.69	0.1	0.69%	-0.08%	0.77% (Sep 2025)	0% (Nov 2024)	41.00	0.00	Other	20.39
Siemens Ltd.	Heavy electrical equipment	5.18	0.1	0.67%	-0.03%	0.84% (May 2025)	0% (Nov 2024)	41.00	0.00	Large Cap	49.96
Blue Star Ltd.	Household appliances	1.95	0.1	0.66%	0.01%	0.67% (Aug 2025)	0% (Nov 2024)	65.00	1.00	Small Cap	8.04
ABB India Ltd.	Heavy electrical equipment	5.18	0.1	0.66%	-0.02%	0.92% (May 2025)	0% (Nov 2024)	24.00	0.00	Large Cap	49.96
Coromandel International Ltd.	Fertilizers	0.66	0.1	0.66%	-0.06%	0.86% (Jul 2025)	0% (Nov 2024)	59.00	0.00	Mid Cap	21.4
Page Industries Ltd.	Garments & apparels	0.65	0.1	0.65%	-0.01%	0.92% (Jul 2025)	0% (Nov 2024)	3.00	0.00	Mid Cap	21.4
Zydus Lifesciences Ltd.	Pharmaceuticals	16.23	0.1	0.64%	-0.02%	0.66% (Aug 2025)	0% (Nov 2024)	124.00	0.00	Mid Cap	21.4
KEI Industries Ltd.	Cables - electricals	1.55	0.1	0.62%	-0.02%	0.65% (May 2025)	0% (Nov 2024)	29.00	0.00	Small Cap	8.04
Supreme Industries Ltd.	Plastic products - industrial	1.04	0.1	0.60%	-0.09%	0.78% (May 2025)	0% (Nov 2024)	30.00	0.00	Mid Cap	21.4
UNO Minda Ltd.	Auto components & equipments	3.98	0.1	0.58%	-0.05%	0.63% (Sep 2025)	0% (Nov 2024)	89.00	0.00	Small Cap	8.04
Sona BLW Precision Forgings Ltd.	Auto components & equipments	3.98	0.1	0.55%	0.05%	0.66% (May 2025)	0% (Nov 2024)	223.00	0.00	Other	20.39
Hindustan Zinc Ltd.	Zinc	0.54	0.1	0.54%	-0.02%	0.56% (Sep 2025)	0% (Nov 2024)	216.00	1.00	Large Cap	49.96
Navin Flourine International Ltd.	Commodity chemicals	0.54	0.1	0.54%	0.08%	0.54% (Oct 2025)	0% (Nov 2024)	18.00	0.00	Small Cap	8.04
Kaynes Technology India Private Ltd.	Industrial products	0.72	0.1	0.53%	-0.04%	0.57% (Sep 2025)	0% (Nov 2024)	15.00	0.00	Other	20.39
Mazagon Dock Shipbuilders Ltd.	Ship building & allied services	0.89	0.1	0.51%	-0.02%	0.63% (Jun 2025)	0% (Nov 2024)	35.00	0.00	Other	20.39
Balkrishna Industries Ltd.	Tyres & rubber products	1.31	0.1	0.48%	-0.02%	0.58% (Jul 2025)	0% (Nov 2024)	40.00	0.00	Mid Cap	21.4
Crompton Greaves Consumer Electricals Ltd.	Household appliances	1.95	0.1	0.47%	-0.03%	0.61% (May 2025)	0% (Nov 2024)	320.00	1.00	Mid Cap	21.4
Astral Ltd.	Plastic products - industrial	1.04	0.1	0.44%	0.01%	0.54% (May 2025)	0% (Nov 2024)	57.00	0.00	Mid Cap	21.4
Gujarat Fluorochemicals Ltd.	Specialty chemicals	2.97	0.1	0.39%	-0.01%	0.41% (Jun 2025)	0% (Nov 2024)	20.00	0.00	Other	20.39
- Cochin Shipyard Ltd.	Ship building & allied services	0.89	0.1	0.38%	0.00%	0.48% (May 2025)	0% (Nov 2024)	40.00	1.00	Other	20.39
Linde India Ltd.	Industrial gases	0.32	0.1	0.32%	-0.02%	0.43% (May 2025)	0% (Nov 2024)	10.00	0.00	Small Cap	8.04
K.P.R. Mill Ltd.	Other textile products	0.31	0.1	0.31%	-0.01%	0.32% (Sep 2025)	0% (Nov 2024)	55.00	0.00	Other	20.39
AIA Engineering Ltd.	Castings & forgings	1.24	0.1	0.31%	0.01%	0.4% (May 2025)	0% (Nov 2024)	18.00	0.00	Mid Cap	21.4
Escorts Ltd.	Tractors	0.3	0.1	0.30%	0.02%	0.32% (May 2025)	0% (Nov 2024)	15.00	0.00	Small Cap	8.04
Himadri Speciality Chemical Ltd.	Specialty chemicals	2.97	0.1	0.29%	0.02%	0.32% (Jun 2025)	0% (Nov 2024)	117.00	1.00	Small Cap	8.04
Aditya Birla Real Estate Ltd.	Paper & paper products	0.26	0.1	0.26%	0.02%	0.34% (Jun 2025)	0% (Nov 2024)	26.00	0.00	Mid Cap	21.4
Castrol (india) Ltd.	Lubricants	0.25	0.1	0.25%	-0.01%	0.29% (Jul 2025)	0% (Nov 2024)	241.00	1.00	Mid Cap	21.4
Honeywell Automation India Ltd.	Industrial products	0.72	0	0.19%	-0.01%	0.36% (Jul 2025)	0% (Nov 2024)	1.00	0.00	Mid Cap	21.4
# TVS Motor Company Ltd. - Preference Shares	2/3 wheelers	7.29	0	0.02%	0.00%	0% (Nov 2025)	0% (Nov 2025)	272.00	0.00	Other	20.39

- indicates change in weight in the portfolio. # indicates a new entry.

New Stocks added in Portfolio (in 1 month period ending 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# TML Commercial Vehicles Ltd.	Commercial vehicles	0.3	1.42%	1.42%	1.42% (Oct 2025)	0% (Nov 2024)	1.04 k	1037

Stocks removed from Portfolio (in 1 month period ending 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
No complete exits in the portfolio in the last month.

Trend in stock holdings (Top 15 Holding)

Stock	Oct 2025	Sep 2025	Aug 2025	Jul 2025	Jun 2025	May 2025	Apr 2025	Mar 2025	Feb 2025	Jan 2025	Dec 2024	Nov 2024	Oct 2024
Reliance Industries Ltd.	5.31%	5.02%	4.60%	4.63%	4.86%	5.20%	-	-	-	-	-	-	-
Mahindra & Mahindra Ltd.	4.85%	4.90%	4.90%	4.73%	4.52%	5.11%	-	-	-	-	-	-	-
Maruti Suzuki India Ltd.	4.86%	4.97%	5.28%	4.51%	4.34%	4.37%	-	-	-	-	-	-	-
Sun Pharmaceutical Industries Ltd.	4.68%	4.53%	4.70%	5.02%	4.83%	4.47%	-	-	-	-	-	-	-
Bharat Electronics Ltd.	3.75%	3.66%	3.48%	3.51%	3.74%	4.02%	-	-	-	-	-	-	-
Tata Steel Ltd.	3.96%	3.77%	3.50%	3.57%	3.53%	3.59%	-	-	-	-	-	-	-
Tata Motors Ltd.	2.24%	3.83%	3.82%	3.79%	3.85%	4.05%	-	-	-	-	-	-	-
Hindalco Industries Ltd.	3.22%	2.98%	2.79%	2.70%	2.68%	2.47%	-	-	-	-	-	-	-
J S W Steel Ltd.	2.96%	2.89%	2.66%	2.71%	2.59%	2.54%	-	-	-	-	-	-	-
Bajaj Auto Ltd.	2.57%	2.59%	2.59%	2.41%	2.47%	2.58%	-	-	-	-	-	-	-
Hindustan Aeronautics Ltd.	2.20%	2.27%	2.16%	2.26%	2.38%	2.75%	-	-	-	-	-	-	-
Cipla Ltd.	2.21%	2.28%	2.43%	2.38%	2.26%	2.22%	-	-	-	-	-	-	-
Eicher Motors Ltd.	2.54%	2.59%	2.29%	2.06%	2.08%	1.97%	-	-	-	-	-	-	-
Divis Laboratories Ltd.	2.23%	1.95%	2.13%	2.30%	2.32%	2.26%	-	-	-	-	-	-	-
Vedanta Ltd.	2.20%	2.13%	1.95%	1.97%	2.09%	1.99%	-	-	-	-	-	-	-