Disclaimer: The information presented is based on publicly available data for educational and informational purposes only. It should not be construed as investment advice. Investors are advised to consult their financial advisors before making any investment decisions.
Motilal Oswal Midcap Fund has released its portfolio update for September 2025, showing notable shifts in its holdings and asset allocation. The fund currently holds 17 stocks in its portfolio with an Assets Under Management (AUM) of ₹34,749 crore.
One of the most significant changes this month is in its cash position. The fund’s cash holding, which stood at 17.96% in July 2025, dropped sharply to 2.61% in August, but has now risen again to 8.99% in September. This increase indicates that the fund managers are likely adopting a cautious stance amid recent market volatility, possibly waiting for better entry points in quality midcap stocks.
Key Portfolio Movements (August vs. September 2025):
- Kaynes Technology India Ltd saw an increase in holding from 21 lakh shares to 23.5 lakh shares, up by 11.9%. It now forms 4.77% of the AUM.
- Persistent Systems Ltd holdings rose from 55 lakh to 60 lakh shares, marking a 9.09% rise, making up 8.33% of the AUM.
- KEI Industries Ltd increased 6.67% from 37.5 lakh to 40 lakh shares.
- Polycab India Ltd went up slightly by 3.28%, now accounting for 6.6% of AUM.
- Bharti Hexacom Ltd saw a minor rise of 3.05%, representing 3.22% of AUM.
Several stocks remained unchanged in holdings this month, including:
- Kalyan Jewellers India Ltd (₹6,000,002 shares, 7.84% of AUM),
- Supreme Industries Ltd (₹18.5 lakh shares, 2.25% of AUM),
- One 97 Communications Ltd (Paytm) (₹25 lakh shares, 8.09% of AUM),
- Tube Investments of India (₹35 lakh shares, 3.12% of AUM),
- Eternal Ltd (₹1 crore shares, 9.37% of AUM),
- Coforge Ltd (₹1.975 crore shares, 9.04% of AUM).
Stocks That Faced Reductions:
- Dixon Technologies reduced by 2.98% to 20.37 lakh shares but still remains one of the top holdings with 9.57% of AUM.
- Prestige Estates Projects decreased by 4.1% to 55 lakh shares.
- Aditya Birla Capital Ltd declined by 6.25% to 3.75 crore shares.
- Trent Ltd reduced by 16.67% to 49.99 lakh shares.
- Max Healthcare Institute Ltd saw a massive 45.46% reduction to 52.7 lakh shares.
- Hitachi Energy India Ltd faced the steepest drop of 79.02%, down to just 32,846 shares.
- KPIT Technologies Ltd and PB Fintech Ltd were completely exited from the portfolio, both showing a 100% reduction.
Overall, the portfolio rebalancing in September shows that Motilal Oswal Midcap Fund is consolidating its positions in select high-conviction stocks like Persistent Systems, Kaynes Technology, and KEI Industries, while trimming or exiting others amid uncertain market conditions.
