MOTILAL OSWAL

BUSINESS OPPORTUNITY
PORTFOLIO STRATEGY
December 2024
(Data as on 30th November 2024.
Incep on date - 18th December 2017)

Investment Approach

Strategy Name: Business Opportunity Portfolio Strategy

Investment Objective: The investment objective of the Strategy is to achieve long term capital appreciation by
primarily investing in equity & equity related across market capitalization.

Description of types of securities: Equity

Types of securities selected as part of the investment approach: Investing across high quality Indian equities
in growth oriented themes across market capitalisation through a high conviction portfolio.

Allocation of portfolio across types of securities: The strategy has the mandate to invest in Equity and
Equity-related instruments across the entire market capitalization spectrum of Large cap, Midcap and Small cap
companies

Benchmark: S&P BSE 500 TRI

Indicative tenure or investment horizon: Medium to Long term

Key Features & Portfolio Attributes

BOP is a multi-cap strategy with a balanced mix of Large Cap, Mid Cap and Small Cap allocation
Index agnostic: ~100% away from benchmark BSE 500 Concentrated portfolio of 24 stocks with high earnings
growth. The portfolio has been positioned in well-chosen themes: primarily select consumer and financial services
businesses which are expected to perform relatively better in open up economic environment.

Portfolio Actions In Last 3 Months

Companies Added: Premier Energies, Waaree Energies Ltd

Companies Exited: Global Health Ltd, IndusInd Bank Ltd

Investment in securities is subject to market and other risks, and there is no assurance or guarantee that the objectives of any of the strategies of the Portfolio
Management Services will be achieved. Please read Disclosure document carefully before investing.
 Performance Since Inception

31
2.8X
BOP Strategy S&P BSE 500 TRI
26 2.7X

21

16

11

Jun-24
Mar-24

Sep-24
Dec-17

Dec-18
Jun-18

Nov-24
Dec-19

Dec-23
Jun-19

Dec-21

Dec-22

Jun-23
Dec-20

Jun-21

Jun-22
Mar-18

Jun-20
Sep-18

Mar-19

Sep-19

Mar-23

Sep-23
Mar-21

Mar-22
Sep-21

Sep-22
Mar-20

Sep-20

32.6
27.0
22.7 22.4 20.2 19.6
16.8 16.1 15.1
7.9
2.1 0.1 3.6

-4.4
1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since
Inception

Strategy Contributors (3 Year Trailing)

Top 5 Contribution Bottom 5 Contribution

Phoenix Mills Ltd. 13.4% Larsen & Toubro Infotech Ltd. -3.1%

Safari Industries (India) Ltd. 10.5% One 97 Communications Ltd. -2.4%

Blue Star Ltd. 8.3% Kotak Mahindra Bank Ltd. -1.6%

Zomato Ltd. 7.1% HDFC Life Insurance Co. Ltd. -1.5%

Kalyan Jewellers India Ltd. 5.6% Max Financial Services Ltd. -1.2%

Risk Ratios Market Cap

3 Year Data Strategy Benchmark Market Cap Weightage

Standard Deviation 13.8% 13.5% Large Cap 19.4%

Mid Cap 41.4%

Beta 0.8 1.0
Small Cap 37.9%
Sharpe Ratio 1.0 0.6 Cash & Equivalents 1.4%
 Holdings & Sectoral Allocation

Scrip Name (%) Holding Sector (%) Allocation

Zomato Ltd. 7.1 Capital Goods 43.8

Suzlon Energy Ltd. 5.2 Financial Services 14.4

Apar Industries Ltd. 5.0 Consumer Services 11.4

Consumer Durables 9.7

Kalyan Jewellers India Ltd. 4.9
Realty 8.2
Amber Enterprises India Ltd. 4.7
Chemicals 7.3
Angel One Ltd. 4.7
Information Technology 3.8
Prestige Estates Projects Ltd. 4.4
Cash & Equivalents 1.4
Premier Energies Ltd. 4.4

Multi Commodity Exchange of India Ltd. 4.4

Trent Ltd. 4.3

Bharat Electronics Ltd. 4.2

Fund Details
Inox Wind Ltd. 4.1

Kaynes Technology India Ltd. 4.0 Fund Manager Abhishek Anand

eMudhra Ltd. 3.8
Fund Manager Vaibhav Agrawal
Siemens Ltd. 3.8

Gujarat Fluorochemicals Ltd. 3.8 Strategy Type Open ended

Phoenix Mills Ltd. 3.8
Date of Inception 18th December 2017
Religare Enterprises Ltd. 3.7

CG Power and Industrial Solutions Ltd. 3.5 Benchmark S&P BSE 500 TRI

Waaree Energies Ltd. 3.5

Investment Horizon 3 Years +
Archean Chemical Industries Ltd. 3.5

BEML Ltd. 3.4

Bharat Dynamics Ltd. 2.8

Fino Payments Bank Ltd. 1.6

 Disclaimers and Risk Factors
BOP Strategy Inception Date: 18th Dec 2017; Data as on 30th November 2024; Data Source: MOAMC Internal Research; Source:
Capitaline and Internal Analysis; Please Note:Returns up to 1 year are absolute & over 1 year are Compounded Annualized.
Returns calculated using Time Weighted Rate of Return (TWRR) at an aggregate strategy level. The performance related
information is not verified by SEBI. All portfolio related holdings and sector data provided above is for model portfolio. Returns
& Portfolio of client may vary vis-à-vis as compared to Investment Approach aggregate level returns due to various factors viz.
timing of investment/ additional investment, timing of withdrawals, specific client mandates, variation of expenses charged &
dividend income. Past performance may or may not be sustained in future and should not be used as a basis for comparison
with other investments. The Portfolio Manager manages allocations in all client portfolios by way of a model portfolio which is
in line with investment objectives of the portfolio strategy/ investment approach. Unless there are specific exclusion
instructions by individual clients, all clients’ portfolios are aligned to a model portfolio; which means replication and alignment
of all clients’ portfolios in terms of scrip and allocation. New clients entering the strategy/ investment approach as of a
particular date are also aligned to the model portfolio. It must be noted that there are certain circumstances in which clients’
portfolio may deviate or differ from the model portfolios to a material extent. This may happen due to factors like liquidity and
free floating consideration in some stocks, organization level exposure norms and related risk management, potential exit of
a stock from the model portfolio thereby precluding it from buying in new client portfolios. The reasons quoted here are
indicative but not exhaustive and the portfolio manager reserves the right to deviate from model portfolio for groups of clients
depending on timing of their entry, market conditions and model portfolio construct at the time of their entry. Risk factors
associated with the investment approach are Equity risk, Systematic risk, Concentration risk, Model portfolio risk, Mismatch
risk and Execution risk. To know more about the risk factors, please refer disclosure document at motilaloswalmf.com.
Investment in securities is subject to market and other risks, and there is no assurance or guarantee that the objectives of any
of the strategies of the Portfolio Management Services will be achieved. Please read Disclosure document carefully before
investing.

For the relative performance of a particular Investment Approach to other Portfolio Managers within the selected strategy,
please refer APMI website (click here). Under PMS Provider Name, please select Motilal Oswal Asset Management Company
and select your Investment Approach Name for viewing the stated disclosure. The data for the previous month is usually
available on the APMI portal on or after the 7th business day of the current month.

Our PMS services are available in direct mode, to know more, write to us at pmsquery@motilaloswal.com

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