Motilal Oswal Small Cap Fund - Regular Plan - Growth

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.

Category : Small Cap Fund

Portfolio Turnover Ratio : 59.00%. Category average turnover ratio is 52.68%. 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 : 93.54% | F&O Holdings : 0.03%| Foreign Equity Holdings : 0.00%| Total : 93.57%

No of Stocks : 53 (Category Avg - 89.00) | Large Cap Investments : 0%| Mid Cap Investments : 2.67% | Small Cap Investments : 52.5% | Other : 38.43%

Portfolio Summary (as on 31st Oct,2025)

Particulars	This Scheme	Category
No. of Stocks	53	88.77
Top 5 Stock Weight	17.04%	14.78%
Top 10 Stock Weight	29.78%	25.54%
Top 3 Sector Weight	18.24%	19.67%

Category - Small Cap Fund

Particulars	This Scheme	Category
Average mcap (Cr)	1978.52	9999.98
Holdings in large cap stocks	0%	3.07%
Holdings in mid cap stocks	2.67%	9.41%
Holdings in small cap stocks	52.5%	45.12%

Category - Small Cap Fund

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
Dr. Agarwals Health Care Ltd.	Hospital	2381.4	4.08%	-0.18%	4.27% (Sep 2025)	0% (Nov 2024)	47.04 L	1.20 L
Karur Vysya Bank Ltd	Private sector bank	2220.1	3.81%	0.08%	3.81% (Aug 2025)	2.98% (Dec 2024)	91.31 L	-5.11 L
CCL Products (India) Ltd.	Tea & coffee	1970.4	3.38%	-0.11%	3.59% (Jul 2025)	2.5% (Mar 2025)	22.92 L	40.24 k
Campus Activewear Ltd.	Footwear	1751.5	3.00%	0.10%	3% (Oct 2025)	2.16% (Nov 2024)	62.59 L	3.95 L
Multi Commodity Exchange Of India Ltd.	Exchange and data platform	1613.9	2.77%	0.40%	2.77% (Oct 2025)	1.7% (Mar 2025)	1.75 L	9.11 k
Shaily Engineering Plastics Ltd.	Plastic products - industrial	1542.5	2.65%	-0.06%	3.43% (Nov 2024)	2.37% (Jul 2025)	6.78 L	0.00
VA Tech Wabag Ltd.	Water supply & management	1532.7	2.63%	-0.18%	4.22% (Nov 2024)	0% (Nov 2024)	10.84 L	16.05 k
V-Mart Retail Ltd.	Diversified retail	1478.2	2.54%	0.38%	2.79% (Nov 2024)	2.15% (Sep 2025)	17.82 L	1.27 L
Rainbow Childrens Medicare Ltd.	Hospital	1465.6	2.51%	-0.15%	2.76% (Aug 2025)	2.26% (Dec 2024)	10.70 L	0.00
eClerx Services Ltd.	Business process outsourcing (bpo)/ knowledge process outsourcing (kpo)	1403.4	2.41%	0.22%	2.41% (Oct 2025)	1.49% (Apr 2025)	2.97 L	0.00

- 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

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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
Dr. Agarwals Health Care Ltd.	Hospital	6.59	2381.4	4.08%	-0.18%	4.27% (Sep 2025)	0% (Nov 2024)	47.04 L	1.20 L	Other	38.43
Karur Vysya Bank Ltd	Private sector bank	3.81	2220.1	3.81%	0.08%	3.81% (Aug 2025)	2.98% (Dec 2024)	91.31 L	-5.11 L	Small Cap	52.5
CCL Products (India) Ltd.	Tea & coffee	3.38	1970.4	3.38%	-0.11%	3.59% (Jul 2025)	2.5% (Mar 2025)	22.92 L	40.24 k	Small Cap	52.5
Campus Activewear Ltd.	Footwear	3	1751.5	3.00%	0.10%	3% (Oct 2025)	2.16% (Nov 2024)	62.59 L	3.95 L	Other	38.43
Multi Commodity Exchange Of India Ltd.	Exchange and data platform	2.77	1613.9	2.77%	0.40%	2.77% (Oct 2025)	1.7% (Mar 2025)	1.75 L	9.11 k	Small Cap	52.5
Shaily Engineering Plastics Ltd.	Plastic products - industrial	2.65	1542.5	2.65%	-0.06%	3.43% (Nov 2024)	2.37% (Jul 2025)	6.78 L	0.00	Other	38.43
VA Tech Wabag Ltd.	Water supply & management	2.63	1532.7	2.63%	-0.18%	4.22% (Nov 2024)	0% (Nov 2024)	10.84 L	16.05 k	Small Cap	52.5
V-Mart Retail Ltd.	Diversified retail	2.54	1478.2	2.54%	0.38%	2.79% (Nov 2024)	2.15% (Sep 2025)	17.82 L	1.27 L	Small Cap	52.5
Rainbow Childrens Medicare Ltd.	Hospital	6.59	1465.6	2.51%	-0.15%	2.76% (Aug 2025)	2.26% (Dec 2024)	10.70 L	0.00	Other	38.43
eClerx Services Ltd.	Business process outsourcing (bpo)/ knowledge process outsourcing (kpo)	2.41	1403.4	2.41%	0.22%	2.41% (Oct 2025)	1.49% (Apr 2025)	2.97 L	0.00	Small Cap	52.5
# Rubicon Research Ltd.	Pharmaceuticals	3.58	1389.3	2.38%	2.38%	1.63% (Oct 2025)	0% (Nov 2024)	23.46 L	23.46 L	Other	38.43
INEOS Styrolution India Ltd.	Specialty chemicals	3.21	1327.6	2.28%	-0.07%	3.41% (Mar 2025)	2.28% (Oct 2025)	5.60 L	15.25 k	Small Cap	52.5
Vijaya Diagnostic Centre Ltd.	Healthcare service provider	2.23	1298.2	2.23%	-0.18%	3.54% (Nov 2024)	2.11% (Jun 2025)	13.13 L	0.00	Other	38.43
Five-Star Business Finance Ltd.	Non banking financial company (nbfc)	3.45	1260.9	2.16%	0.38%	2.43% (Feb 2025)	1.24% (Nov 2024)	19.32 L	1.18 L	Other	38.43
Asahi India Glass Ltd.	Auto components & equipments	7.74	1251.1	2.15%	0.10%	2.15% (Oct 2025)	0% (Nov 2024)	13.56 L	49.99 k	Small Cap	52.5
Pricol Ltd.	Auto components & equipments	7.74	1234.1	2.12%	-0.09%	3.09% (Mar 2025)	1.81% (Jul 2025)	23.32 L	84.27 k	Small Cap	52.5
V2 Retail Ltd.	Speciality retail	3.67	1217.4	2.09%	-0.45%	2.53% (Sep 2025)	2.06% (Nov 2024)	4.99 L	-1.65 L	Small Cap	52.5
- JM Financial Ltd.	Investment company	3.64	1215.6	2.09%	0.00%	2.09% (Sep 2025)	0% (Nov 2024)	74.11 L	2.90 L	Small Cap	52.5
Apar Industries Ltd.	Other electrical equipment	3.53	1199.9	2.06%	-0.02%	2.5% (Dec 2024)	0% (Nov 2024)	1.38 L	-0.14 k	Small Cap	52.5
Siemens Energy India Ltd.	Power generation	2.03	1186.3	2.03%	-0.26%	2.33% (Aug 2025)	0% (Nov 2024)	3.72 L	8.51 k	Other	38.43
Sky Gold Ltd.	Gems, jewellery and watches	3.03	1166.8	2.00%	0.59%	2.6% (Nov 2024)	1.41% (Sep 2025)	32.79 L	3.52 L	Small Cap	52.5
Bharat Dynamics Ltd.	Aerospace & defense	1.96	1143.9	1.96%	-0.04%	2% (Sep 2025)	0% (Nov 2024)	7.48 L	18.42 k	Other	38.43
Transformers & Rectifiers (India) Ltd.	Power equipment	1.94	1131.9	1.94%	-0.27%	2.32% (Aug 2025)	1.56% (Feb 2025)	25.41 L	57.39 k	Small Cap	52.5
Varroc Engineering Ltd.	Auto components & equipments	7.74	1054.2	1.81%	0.09%	2.03% (Jan 2025)	1.29% (Dec 2024)	17.24 L	1.37 L	Small Cap	52.5
Thirumalai Chemicals Ltd.	Chemicals - organic	1.72	1003.6	1.72%	-0.06%	1.78% (Sep 2025)	0% (Nov 2024)	36.66 L	50.20 k	Small Cap	52.5
KEI Industries Ltd.	Cables - electricals	1.7	991.8	1.70%	-0.13%	1.83% (Sep 2025)	0% (Nov 2024)	2.46 L	0.00	Small Cap	52.5
Gabriel India Ltd.	Auto components & equipments	7.74	965.1	1.66%	0.01%	1.78% (Aug 2025)	0% (Nov 2024)	7.58 L	0.00	Small Cap	52.5
Aegis Vopak Terminals Ltd.	Oil storage & transportation	1.63	948.2	1.63%	0.06%	1.63% (Oct 2025)	0% (Nov 2024)	33.99 L	1.20 L	Other	38.43
Gokaldas Exports Ltd.	Garments & apparels	1.59	924.3	1.59%	0.13%	2.59% (Dec 2024)	0% (Nov 2024)	11.03 L	0.00	Small Cap	52.5
Aditya Vision Ltd.	Speciality retail	3.67	922.1	1.58%	0.08%	1.58% (Oct 2025)	0% (Nov 2024)	16.06 L	1.53 L	Other	38.43
Cholamandalam Financial Holdings Ltd.	Investment company	3.64	901.1	1.55%	-0.08%	2.81% (Feb 2025)	1.5% (Dec 2024)	4.71 L	0.00	Small Cap	52.5
Central Depository Services (India) Ltd.	Depositories, clearing houses and other intermediaries	1.53	889.3	1.53%	0.03%	1.53% (Oct 2025)	0% (Nov 2024)	5.60 L	0.00	Small Cap	52.5
Chalet Hotels Ltd.	Hotels & resorts	1.5	872.1	1.50%	-0.05%	2.74% (Mar 2025)	1.46% (Jul 2025)	9.18 L	29.75 k	Other	38.43
Premier Energies Ltd.	Other electrical equipment	3.53	854.7	1.47%	0.05%	1.94% (Dec 2024)	0.94% (May 2025)	7.82 L	26.33 k	Other	38.43
Aditya Birla Real Estate Ltd.	Paper & paper products	1.47	854.5	1.47%	0.05%	1.8% (Jun 2025)	0% (Nov 2024)	4.55 L	0.00	Mid Cap	2.67
Deepak Fertilisers & Petrochemicals Corp. Ltd.	Commodity chemicals	1.44	838.6	1.44%	0.05%	1.47% (Jun 2025)	0% (Nov 2024)	5.62 L	59.28 k	Small Cap	52.5
KEC International Ltd.	Heavy electrical equipment	3.91	829.3	1.42%	-0.20%	2.57% (Nov 2024)	0.96% (Apr 2025)	10.14 L	0.00	Small Cap	52.5
GE T&D India Ltd.	Heavy electrical equipment	3.91	744.9	1.28%	-0.01%	2.24% (Dec 2024)	1.25% (Aug 2025)	2.45 L	7.52 k	Small Cap	52.5
Cholamandalam Investment & Finance Co. Ltd.	Non banking financial company (nbfc)	3.45	733.9	1.26%	-0.05%	1.31% (Sep 2025)	0% (Nov 2024)	4.33 L	-0.11 L	Other	38.43
PG Electroplast Ltd.	Consumer electronics	1.24	725.1	1.24%	0.10%	1.24% (Oct 2025)	0% (Nov 2024)	12.70 L	24.76 k	Other	38.43
Triveni Turbine Ltd.	Heavy electrical equipment	3.91	707.2	1.21%	-0.04%	2.91% (Nov 2024)	1.2% (Aug 2025)	13.21 L	0.00	Small Cap	52.5
Glenmark Pharmaceuticals Ltd.	Pharmaceuticals	3.58	702.3	1.20%	-1.00%	2.21% (Sep 2025)	0% (Nov 2024)	3.71 L	-2.45 L	Mid Cap	2.67
Syrma SGS Technology Ltd.	Industrial products	1.26	698.6	1.20%	0.10%	1.2% (Oct 2025)	0% (Nov 2024)	8.58 L	79.84 k	Other	38.43
# Wework India Management Ltd.	Diversified commercial services	1.11	647.5	1.11%	1.11%	1.11% (Oct 2025)	0% (Nov 2024)	10.03 L	10.03 L	Other	38.43
P N Gadgil Jewellers Ltd.	Gems, jewellery and watches	3.03	598.3	1.03%	-0.22%	2.06% (Feb 2025)	1.03% (Oct 2025)	9.24 L	-2.00 L	Other	38.43
Sagility India Ltd.	It enabled services	0.94	548.5	0.94%	-0.18%	2.02% (Jan 2025)	0.94% (Oct 2025)	1.04 Cr	-0.39 Cr	Other	38.43
Rossari Biotech Ltd.	Specialty chemicals	3.21	543.2	0.93%	0.05%	2.29% (Nov 2024)	0.88% (Sep 2025)	8.48 L	67.98 k	Other	38.43
# Sonata Software Ltd.	Computers - software & consulting	1.32	466.6	0.80%	0.80%	0.8% (Oct 2025)	0% (Nov 2024)	12.62 L	12.62 L	Small Cap	52.5
Jain Resource Recycling Ltd.	Diversified metals	0.74	431.6	0.74%	0.26%	0.74% (Oct 2025)	0% (Nov 2024)	11.18 L	0.00	Other	38.43
Ola Electric Mobility Ltd.	2/3 wheelers	0.71	411.6	0.71%	-0.15%	0.86% (Sep 2025)	0% (Nov 2024)	82.10 L	0.00	Other	38.43
# Birlasoft Ltd.	Computers - software & consulting	1.32	306	0.52%	0.52%	0.52% (Oct 2025)	0% (Nov 2024)	8.23 L	8.23 L	Small Cap	52.5
Kaynes Technology India Private Ltd.	Industrial products	1.26	37.5	0.06%	-1.32%	1.43% (Apr 2025)	0% (Nov 2024)	5.60 k	-1.02 L	Other	38.43
Cholamandalam Investment & Finance Co. Ltd. : Futures Near	Non banking financial company (nbfc)	3.45	19.1	0.03%	0.00%	0.03% (Oct 2025)	0% (Nov 2024)	11.25 k	11.25 k	Other	38.43
Aditya Birla Capital Ltd.	Life insurance		16.4	0.00%	-0.03%	-	-	-	-	Mid Cap	2.67
Suzlon Energy Ltd.	Heavy electrical equipment	3.91	833.5	0.00%	-1.53%	-	-	-	-	Small Cap	52.5

- 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
# Wework India Management Ltd.	Diversified commercial services	647.5	1.11%	1.11%	1.11% (Oct 2025)	0% (Nov 2024)	10.03 L	1003076
# Sonata Software Ltd.	Computers - software & consulting	466.6	0.80%	0.80%	0.8% (Oct 2025)	0% (Nov 2024)	12.62 L	1261710
# Rubicon Research Ltd.	Pharmaceuticals	1389.3	2.38%	2.38%	1.63% (Oct 2025)	0% (Nov 2024)	23.46 L	2345985
# Birlasoft Ltd.	Computers - software & consulting	306	0.52%	0.52%	0.52% (Oct 2025)	0% (Nov 2024)	8.23 L	823352

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
Aditya Birla Capital Ltd.	Life insurance	16.4	0.00%	-0.03%	0.03% (Sep 2025)	0% (Nov 2024)	0.00	-56180
Suzlon Energy Ltd.	Heavy electrical equipment	833.5	0.00%	-1.53%	1.96% (Jun 2025)	0% (Nov 2024)	0.00	-15140045

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
Dr. Agarwals Health Care Ltd.	4.08%	4.27%	3.78%	3.82%	3.33%	2.96%	3.40%	4.09%	4.14%	1.06%	-	-	-
Karur Vysya Bank Ltd	3.81%	3.73%	3.81%	3.80%	3.58%	3.03%	3.34%	3.43%	3.59%	3.73%	2.98%	3.15%	3.36%
CCL Products (India) Ltd.	3.38%	3.49%	3.56%	3.59%	3.46%	3.51%	2.60%	2.50%	2.74%	2.52%	2.52%	3.24%	2.96%
INEOS Styrolution India Ltd.	2.28%	2.35%	2.58%	2.71%	2.92%	3.31%	3.31%	3.41%	3.41%	3.19%	3.18%	3.26%	3.29%
V-Guard Industries Ltd.	-	-	2.14%	1.98%	2.34%	2.94%	3.18%	3.26%	3.14%	3.07%	3.00%	3.25%	3.53%
Shaily Engineering Plastics Ltd.	2.65%	2.71%	2.88%	2.37%	2.47%	3.18%	2.74%	3.34%	3.11%	2.79%	2.60%	3.43%	2.94%
Vijaya Diagnostic Centre Ltd.	2.23%	2.41%	2.33%	2.32%	2.11%	2.17%	2.26%	2.54%	3.26%	3.28%	3.02%	3.54%	3.38%
VA Tech Wabag Ltd.	2.63%	2.81%	2.84%	2.82%	2.28%	2.31%	1.86%	1.50%	1.45%	-	-	4.22%	4.68%
Campus Activewear Ltd.	3.00%	2.90%	2.79%	2.74%	2.81%	2.90%	2.65%	2.56%	3.00%	2.50%	2.32%	2.16%	2.16%
Rainbow Childrens Medicare Ltd.	2.51%	2.66%	2.76%	2.61%	2.53%	2.36%	2.64%	2.70%	2.68%	2.60%	2.26%	2.75%	2.91%
V-Mart Retail Ltd.	2.54%	2.15%	2.23%	2.21%	2.29%	2.40%	2.62%	2.39%	2.51%	2.36%	2.49%	2.79%	3.20%
Pricol Ltd.	2.12%	2.21%	1.96%	1.81%	1.94%	2.02%	2.48%	3.09%	2.81%	2.97%	2.55%	2.82%	3.15%
Rubicon Research Ltd.	2.38%	-	-	-	-	-	-	-	-	-	-	-	-
Indus Towers Ltd.	-	-	1.99%	2.06%	2.25%	2.18%	2.63%	2.24%	2.43%	2.39%	-	-	-
V2 Retail Ltd.	2.09%	2.53%	2.09%	2.10%	2.16%	2.35%	2.43%	2.53%	2.31%	2.49%	2.13%	2.06%	1.96%