Motilal Oswal Infrastructure Reg Gr

All Cap

Equity

India Super Value

Infrastructure

Others

Aggressive growth Investor Profile

Investor Profile

1–7 yearsInvestment Horizon

HNI, UHNI, Retail Investor, Mass AffluentTarget Segments

SEBI registered equity mutual fund suitable for all investor categoriesRegulatory Fit

Motilal Oswal Infrastructure Fund Growth focuses on Indian infrastructure and construction companies for growth.

What This Strategy Does

Motilal Oswal Infrastructure Reg Gr is an equity fund which captures India's infrastructure investment opportunity through a focused portfolio approach, deploying capital across industrials and energy to achieve broad-based earnings growth.

CW Expert Research Notes

Resilient Downside Protection

The fund has demonstrated consistent downside protection across market cycles, outperforming its benchmark in 1 out of the past 12 years.

Differentiated Sector Positioning

The fund's differentiated sector positioning, with a 40.5% allocation to industrials and a 16.2% allocation to consumer cyclicals, sets it apart from peers.

Earnings Revisions Catalyst

Potential upside catalysts for the fund include positive earnings revisions across its holdings, particularly in the industrials and consumer cyclicals sectors.

Performance and Risk Analysis

Historical returns, volatility patterns, and how this fund has performed relative to its benchmark.

Fund Performance

3.2% AnnuallyAlpha

+0.0% vs +0.0% benchmarkSince Inception

+0.0% vs +0.0% benchmark3Y Annualized

+0.0% vs +0.0% benchmark5Y Annualized

Motilal Oswal Infrastructure Reg Gr

Benchmark Index

Benchmark Performance Comparison

Motilal Oswal Infrastructure Fund

NIFTY 50

Risk Profile

Standard Deviation16.7%

Maximum Drawdown-24.4% | Oct 2024

Sharpe Ratio0.20

Beta0.86

Upside Capture102%

Detailed Risks

Market Risk

Slowdown in infrastructure spending amid fiscal consolidation could undermine earnings.

Liquidity Risk

Mid-cap tilt exposes fund to liquidity stress during market sell-offs.

Concentration Risk

Concentrated in capital goods, construction materials facing margin pressures.

Specific Strategy Risk

Policy delays, land acquisition issues disrupt infrastructure project execution.

Strategy Details

A closer look at the investment thesis, portfolio construction, and current holdings.

Core Investment Theme

Provides targeted exposure to India's infrastructure growth through companies involved in construction, utilities, energy, and related sectors. This theme captures the nation's infrastructure buildout—a multi-decade investment cycle driven by economic expansion and urbanization. The impact is participation in projects with multi-year tailwinds, translating into potential for sustained earnings growth. Suitable for investors seeking a dedicated infrastructure allocation with higher volatility.

Broader Market View

Market Outlook

Equity markets appear to be entering a mid-cycle phase, with consumption and earnings recovery gaining traction. This normalization backdrop, supported by trends like reviving capex and credit growth, presents an opportune entry point. The strategy's tilt toward consumer, financial services, and technology positions it to capitalize on these dynamics while managing risks like competition and cyclicality.

Why This Strategy is Attractive Now

The strategy seems well-aligned with prevailing conditions through sizeable exposure to consumer cyclicals, financials, and technology leaders. Its balanced profile of around 70 holdings offers diversification across market capitalization segments. A moderate beta and flexibility to adapt positioning could enhance risk-adjusted returns. Overall, the strategy appears poised to participate in the normalization upside while providing stability.

Investment Style & Process

Investment Style

The portfolio exhibits characteristics of a Quality Growth strategy, emphasizing companies with durable competitive advantages, consistent earnings growth, and reasonable valuations relative to their long-term potential.

Why it Makes Sense

In the current environment of moderating economic growth and elevated uncertainty, a Quality Growth approach can offer a compelling combination of resilience and upside participation, balancing defensive attributes with exposure to secular growth opportunities.

High-Level Investment Process

Sourcing: The strategy appears to focus on companies with strong franchises, sustainable competitive moats, and attractive growth runways, sourced through rigorous fundamental research and industry expertise. Selection: The selection process suggests a preference for businesses with robust financial strength, disciplined capital allocation, and the ability to compound earnings and cash flows at an attractive rate over an extended period. Construction: Portfolio construction is consistent with a focus on diversification across sectors and market capitalizations, while maintaining a high-conviction approach to position sizing based on the managers' highest-conviction ideas and risk/reward assessments.

Portfolio Holdings Overview

SectoralAllocation

Utilities5.8%

Services20.01%

Consumers14.36%

Financial Services4.1%

Technology2%

Energy & Infra6.89%

Capital Goods46.84%

Geographic Allocation

Domestic100%

Top Stock Holdings

CompanySectorAllocation

Net Receivables / (Payables)Utilities7.82%

Bharti Airtel LtdServices6.04%

ABB India LtdCapital Goods6.02%

Samvardhana Motherson International LtdConsumers5.85%

Solar Industries India LtdCapital Goods5.37%

Apollo Hospitals Enterprise LtdServices4.91%

Siemens LtdCapital Goods4.82%

Vijaya Diagnostic Centre LtdServices4.48%

Larsen & Toubro LtdCapital Goods4.47%

Schneider Electric Infrastructure LtdCapital Goods4.22%

Fund House Management

The asset management company’s track record, AUM scale, and fund manager credentials.

Fund Manager Track Record

Rakesh Shetty

Mr. Rakesh Shetty has experience of 4 years. Manages 285 funds at Motilal Oswal Asset Management Company Limited - Portfolio Managers with an AUM of approximately ₹10,161 Cr

71 years

Combined Team Experience

₹ 20,721 Cr

Assets Under Management

Ajay Khandelwal

Co-Portfolio Manager

Mr. Ajay Khandelwal has experience of 22 years. Manages 82 funds at Motilal Oswal Asset Management Company Limited - Portfolio Managers with an AUM of approximately ₹200 Cr Holds a B.E. degree.

Swapnil Mayekar

Co-Portfolio Manager

Mr. Swapnil Mayekar has experience of 22 years. Manages 225 funds at Motilal Oswal Asset Management Company Limited - Portfolio Managers with an AUM of approximately ₹9,582 Cr Holds a M.com degree.

Atul Mehra

Co-Portfolio Manager

Mr. Atul Mehra has experience of 8 years. Manages 60 funds at Motilal Oswal Asset Management Company Limited - Portfolio Managers with an AUM of approximately ₹689 Cr

Bhalchandra Shinde

Co-Portfolio Manager

Mr. Bhalchandra Shinde has experience of 16 years. Manages 48 funds at Motilal Oswal Asset Management Company Limited - Portfolio Managers with an AUM of approximately ₹89 Cr Holds a B.E. degree.

Ajay Khandelwal

Co-Portfolio Manager

Mr. Ajay Khandelwal has experience of 22 years. Manages 82 funds at Motilal Oswal Asset Management Company Limited - Portfolio Managers with an AUM of approximately ₹200 Cr Holds a B.E. degree.

Swapnil Mayekar

Co-Portfolio Manager

Mr. Swapnil Mayekar has experience of 22 years. Manages 225 funds at Motilal Oswal Asset Management Company Limited - Portfolio Managers with an AUM of approximately ₹9,582 Cr Holds a M.com degree.

Atul Mehra

Co-Portfolio Manager

Mr. Atul Mehra has experience of 8 years. Manages 60 funds at Motilal Oswal Asset Management Company Limited - Portfolio Managers with an AUM of approximately ₹689 Cr

Bhalchandra Shinde

Co-Portfolio Manager

Mr. Bhalchandra Shinde has experience of 16 years. Manages 48 funds at Motilal Oswal Asset Management Company Limited - Portfolio Managers with an AUM of approximately ₹89 Cr Holds a B.E. degree.

CW Expert Take

Motilal Oswal brings a disciplined approach to infrastructure investing. Their investment philosophy emphasizes bottom-up stock selection backed by rigorous fundamental research. The fund house maintains a stable investment team with experience navigating cyclical sectors. Their expertise spans both equity and debt markets, enabling balanced portfolio construction across the infrastructure space.

Investment Philosophy & Approach

Disciplined Approach

Motilal Oswal AMC follows a disciplined investment approach focused on rigorous research.

Risk Management

The fund house emphasizes robust risk management practices and portfolio diversification.

Long-Term Perspective

Motilal Oswal AMC adopts a long-term investment horizon for capital appreciation.

Operational & Regulatory Details

What it costs to invest, transaction mechanics, and regulatory disclosures you should know.

Costs and Fees

Total Expense Ratio (TER)3.13%

Regulatory & Tax Information

INF247L01EZ4

ISIN

DailyDealing Frequency

Nifty Infrastructure TR INRBenchmark

LTCG | >1Year 12.5%% on gain above 1.25 Lakh

STCG | <1Year 20%%

Tax Implications (India)