Motilal Oswal’s July Playbook: How Coforge and Trent Became Portfolio Powerhouses

Motilal Oswal Mutual Fund has released its latest portfolio breakdown for July, showcasing the fund house’s steadfast commitment to high-growth sectors and quality stocks. With Assets Under Management (AUM) reaching Rs 1.25 lakh crore and a line-up of 73 well-diversified funds, Motilal Oswal’s July holdings give investors insight into prevailing market trends and sectoral bets that are driving mutual fund performance in India.

Key Highlights

Motilal Oswal Mutual Fund’s top 10 equity holdings for July include Coforge and Trent, marking their visibility among growth-focused funds

Coforge commands 5.7% portfolio allocation, making it a significant tech bet, while Trent emerges with a 4.7% slice in the consumer retail space

The fund house’s total AUM as on July 31, 2025 stands at Rs 1.25 lakh crore, with active rebalancing evident in addition and reduction in top holdings

Breakdown: Top 10 Equity Holdings

1) Dixon Technologies

Holds highest allocation at 6.5% in July

Added 3.37 lakh shares during the month, weight up 1.2% over June

2) Coforge

Commands a 5.7% share in the portfolio

Weight declined 0.7% from June, reflecting minor profit booking

3) Kalyan Jewellers

Sits at 5.5% allocation, up 0.9% versus last month

4) Persistent Systems

Maintains a 5% share, down by 0.7% from June

5) Trent

Features strongly at 4.7% allocation

Reduced by 1.5% compared to previous month

6) Polycab India

Comes in at 3.9%, an increase of 0.1%

7) One 97 Communications (Paytm)

Registers a 2.4% share, up 0.7% on month

8) Kaynes Tech

Weighs in at 2.3%, up by 0.2% versus June

9) CG Power & Industrial Solutions

Holds 2.1% with a 0.1% increase

10) Max Healthcare

Stands at 1.8% unchanged from June

Sectoral and Strategic Insights

The top holdings indicate a robust preference for electronics (Dixon), fintech (One 97), retail (Trent), and IT (Persistent Systems, Coforge).

Motilal Oswal’s positioning within Trent and Coforge demonstrates confidence in consumer demand and digital transformation, trends expected to play out through FY26.

Selective profit book in tech and retail shows prudent risk management amid equity volatility.

The fund’s multi-sector exposure across consumer, IT, healthcare, and industrials signals a balanced approach between growth and defensiveness.

Fund House Performance and Portfolio Strategy

With a massive AUM and 73 schemes, the fund house practices agile strategy, regularly adjusting weights to capture upside while containing risks.

Active management, seen in the addition of Dixon Technologies shares and reduction in Trent, signals a response to market momentum and valuation cycles.

Investors benefit from diversified exposure to India’s sunrise sectors combined with mature blue chips.

Current Outlook

As July closes, Motilal Oswal Mutual Fund’s portfolio reflects a steady climb in electronics, IT, and consumer retail stocks.

Coforge and Trent’s prominent positions highlight the manager’s conviction in their ongoing growth stories.

Source: Economic Times