Motilal Oswal Mutual Fund · Direct Growth · SEBI Category: Equity
Motilal Oswal Business Cycle Fund applies the QGLP framework — quality businesses with growth longevity at reasonable price — to business cycle themed investing. This means even when rotating into cyclical sectors, Motilal Oswal targets businesses with durable competitive advantages and long-term growth potential — not just near-term cyclical recovery plays. The result is a concentrated, high-conviction business cycle portfolio that looks distinctly different from peers.
The fund's Motilal Oswal character means it will likely hold fewer but larger positions in its chosen cycle themes — consistent with the fund house's overall portfolio construction philosophy across all schemes. This concentration means strong outperformance when the cycle calls are right and significant underperformance when they are wrong or early.
Niket Shah manages Motilal Oswal Business Cycle Fund applying Motilal Oswal AMC's distinctive QGLP framework (Quality, Growth, Longevity, Price) to business cycle investing. Rakesh Shetty co-manages the scheme. Niket Shah's high-conviction approach means the business cycle portfolio is concentrated and differentiated — making few but large bets on cycle themes rather than spreading across many small positions.
For current co-manager details and full biography, refer to the latest Motilal Oswal Mutual Fund factsheet on AMFI or the AMC website.
Informational points to help you form your own view — not judgements or recommendations.
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| Fund | NAV | AAUM | 1Y Return | 3Y CAGR | 5Y CAGR | Sharpe (3Y) |
|---|---|---|---|---|---|---|
| ICICI Prudential Business Cycle Fund | ₹26.41 | ₹15.7K Cr Jan–Mar 2026 | +2.7% | +18.6% p.a. | +18.2% p.a. | 1.09 |
| Tata Business Cycle Fund | ₹20.85 | ₹2.6K Cr Jan–Mar 2026 | +2.6% | +16.6% p.a. | — | 0.77 |
| HDFC Business Cycle Fund | ₹15.83 | ₹2.6K Cr Jan–Mar 2026 | +4.6% | +13.0% p.a. | — | 0.54 |
| Axis Business Cycles Fund | ₹17.61 | ₹2.1K Cr Jan–Mar 2026 | +3.6% | +15.5% p.a. | — | 0.65 |
| Motilal Oswal Business Cycle Fund ▲ | ₹12.53 | ₹1.8K Cr Jan–Mar 2026 | -3.8% | — | — | — |
Calculated from 461 daily NAV records in RightAdvise DB. Last calculated: Jul 2026.
1M / 3M / 6M / 1Y — simple point-to-point return · 3Y / 5Y / 10Y — CAGR (compounded annual growth rate)
Based on all rolling windows in full NAV history. Dates show the start and end of each period.
Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.
Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →
How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.
Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.
Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jul 2026. What do these mean? →
Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.
See how Motilal Oswal Business Cycle Fund ranks against other Equity funds on returns, drawdown, Sharpe ratio and AAUM — side by side.
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