Motilal Oswal Midcap Fund bought 2 new stocks in June

Motilal Oswal Midcap Fund isn’t just any mid-cap fund — it’s the top performer in its category, delivering 33 per cent returns over three years and 37.4 per cent over five. That’s why every portfolio change is worth watching. Read on to see the latest buys, exits, and what they reveal about the fund’s strategy.

Motilal Oswal Midcap Fund has quietly climbed to the top of the charts — and it's not a fluke. Over the last three years, it has returned a stellar 33.81 per cent, and over five years, a jaw-dropping 37.4 per cent. That’s not just impressive — it's the best among all mid-cap funds.

And if you had started a Rs 10,000 SIP five years ago, it would have grown to Rs 13.07 lakh, compounding at 31.79 per cent annually. (You can check out its three and 10-year SIP returns by using this calculator).

What makes the fund a standout performer?

According to fund manager Niket Shah, it comes down to sharp sector calls and picking the right winners in each space.

“Let’s say we’re bullish on the IT sector. Within that, four companies may all grow at 20 per cent, but two might grow at 30 per cent. I want to own those two. Simple.”

The fund uses the QGLP framework — Quality, Growth, Longevity and Price. That means they prefer structural growth stories over cyclical trades and focus on companies with consistent cash flows, ensuring earnings are both high-quality and sustainable.

No surprise then that it has a concentrated, high-conviction portfolio, which is currently overweight on Technology and Consumer discretionary companies.

And with over Rs 33,000 crore in AUM, it’s now the fourth-largest mid-cap fund in the country. So, when a fund like this reshuffles its portfolio, you should take notice.

Stocks bought in June 2025

Here are the fund’s biggest additions last month:

• Dixon Technologies: The fund more than doubled its exposure to this contract manufacturing giant.
• Kaynes Technology: A new entrant to the portfolio.
• Aditya Birla Capital: A new entrant
• Kei Industries
• Supreme Industries
• Trent: The fund increased its stake in this retail powerhouse, riding the broader India consumption theme.

Top five stocks sold in June 2025

Here are the key reductions and exits from the fund’s portfolio:

• Oracle Financial Services: Completely exited during the month.
• Indraprastha Gas: Also fully exited.
• Voltas Ltd: Another full exit.
• One 97 Communications (Paytm)
• Balkrishna Industries

What this tells us

The addition of Kaynes and Dixon reinforces the fund’s tilt toward high-tech contract manufacturing, a space that's seen rising FII and domestic flows.

Want to own any of these stocks this fund has bought?

You can either:

• Check out our opinions on these stocks in Value Research Stock Advisor — perfect if you prefer a DIY investing approach.

or

• Let the experts manage it for you, consider investing in equity mutual funds instead.

Do you want to start a Rs 5,000+ SIP in this fund?

See if it’s part of our ‘Best Buys’ list on Value Research Fund Advisor.

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