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Celebrating the 10 years of its Motilal Oswal Midcap Fund, Motilal Oswal AMC today announced that the fund has generated an AUM of close to Rs 8,490 crore.

MOAMC’s Midcap Fund has appealed to investors across India, which is reflected in its granular and well-diversified client base across 185 cities. The participation from retail investors has been quite notable with over 5.3 lakh unique investors investing in the fund from across 2,126 unique pin code as on 31^st Jan’24. The fund has also seen SIP participation of over 3.2 lakh investors for the same period.  The Top five states contributed over 90% of the AUM, this includes Maharashtra, Andhra Pradesh, Delhi, Gujarat, West Bengal.

Midcap has performed well during the past 10 year with the Nifty Midcap 100 Index topping the chart with 20.3% returns. Midcaps have done well even in bad cycles. In the Midcap category, the Motilal Oswal Midcap fund is among the top funds to beat benchmark returns.

Prateek Agrawal, Executive Director, Motilal Oswal AMC said, “We are thrilled to celebrate the 10th anniversary of Motilal Oswal Midcap Fund. The Motilal Oswal Midcap fund has demonstrated a remarkable and sustained performance across time periods, delivering substantial returns for investors. We follow the QGLP philosophy which is buying high-quality companies with strong growth and at reasonable valuations. We run focussed high conviction portfolios with a strong overlay of risk control. This helps ensure that our successes in right stock pickings help our investors much more while the negative impact of the not so good picks is contained. Our manager has demonstrated skill of identifying winning ideas, many of whom turned into multi-baggers, and helped the fund performance. It has been a remarkable journey filled with challenges and successes, and we are proud of the trust and confidence that investors have shown in us over the years.”

“Midcap as a category has been performing well since 2004 till date. Huge wealth has been created in this space because the companies are in high growth phase as compared to large caps and are more stable than small caps in a weak macro environment. We have identified many such companies with high growth and high quality in last decade which has benefited the fund and we believe the next decade provide us with many more such opportunities. Given such large exciting opportunities we believe the run way of growth for the midcaps is still very high.”, said Niket Shah, Fund Manager, Motilal Oswal AMC.

The investment objective of Motilal Oswal Midcap Fund is to provide investors a long-term capital growth who are seeking investment in quality midcap companies having long-term competitive advantages and growth potential.

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