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Motilal Oswal Focused Fund: Why It Has Stayed Near the Top of Discovery

Strong recent returns, a complete recovery from its one-year low and a focused portfolio are supporting the fund’s current Discovery ranking.

DirectGrowth Research 5 min read August 2026
Abstract editorial illustration of concentrated conviction and resilience

For roughly three weeks, Motilal Oswal Focused Fund has remained near the top of DirectGrowth’s rankings.

Its 97.7 Vriddhi Score gets attention. The more useful story is what sits underneath it: strong recent returns, a complete recovery from its one-year low, and a focused portfolio without one oversized stock deciding the outcome.

Motilal Oswal Focused Fund in 30 seconds

DirectGrowth data as of 25 August 2026. Official portfolio data as of 31 July 2026.
Vriddhi Score
97.7
Discovery rank
3 of 1,146 eligible funds
Latest NAV
₹63.79
Benchmark
Nifty 500 TRI
Direct plan TER
1.79%
Latest AUM
₹1,692.66 crore
Risk level
Very High

The recent numbers explain the ranking

As of 25 August 2026, DirectGrowth showed returns of 10.86% over one month, 16.77% over three months, 26.74% over six months and 27.04% over one year.

The fund was at its all-time high, with 0.00% drawdown, and had recovered 37.62% from its one-year low.

The two-year return was 9.68%. That number matters. It tells us that much of the current strength has arrived recently. This is a recovery story as much as a long-term performance story.

RECOVERY FROM ONE-YEAR LOW
37.62%
DirectGrowth data as of 25 August 2026

Focused, but not dependent on one stock

The scheme follows a focused multi-cap mandate and can invest in up to 30 companies.

In its July portfolio, the ten largest equity positions accounted for approximately 39.0% of assets, while no individual stock exceeded 4.56%.

Rubicon Research, AU Small Finance Bank, Eternal, CG Power, Aditya Infotech, Apollo Hospitals and ICICI Prudential Asset Management Company were among the larger holdings.

Electrical equipment was the largest sector exposure at 11.18%. Banks were at 9.87%, followed by software at 9.33%, pharmaceuticals and biotechnology at 7.29%, and capital markets at 7.23%.

That makes it concentrated by the number of stocks, but spread across several different earnings drivers.

Why the Vriddhi Score is ranking it highly

The Vriddhi Score does not depend on one return number alone.

THE CURRENT EVIDENCE
Recent performance is strong. Recovery has been sharp. The fund is no longer below its previous peak. Its category-relative evidence has also improved.
These signals together explain why the fund continues to appear near the top of the Discovery table.

What still deserves attention

This remains a Very High Risk equity fund. A focused portfolio can change character quickly, and recent momentum can reverse.

The scheme is benchmarked against the Nifty 500 TRI. Its Direct plan expense ratio was 1.79%, with assets of approximately ₹1,692.66 crore, as of 31 July 2026. A 1% exit load applies when units are redeemed within 365 days.

The high Vriddhi Score makes the fund worth researching. It does not automatically make it suitable for every portfolio.

The DirectGrowth view

Motilal Oswal Focused Fund currently stands out because returns, recovery and portfolio construction are supporting the same story.

The next test is persistence. Can this evidence hold when the market becomes less forgiving?

RESEARCH THE FUND
Open Motilal Oswal Focused Fund on DirectGrowth to review its disclosed portfolio data.

Sources and notes

DirectGrowth performance data referenced as of 25 August 2026. Portfolio, AUM, benchmark and expense information referenced from the Motilal Oswal Mutual Fund scheme page and its July 2026 portfolio disclosure. Figures may change after publication.

This article is intended for research and educational purposes only. It is not investment advice or a recommendation to buy or sell any mutual fund. Mutual fund investments are subject to market risks. Read all scheme-related documents carefully.