Product Labeling

Our Investment Philosophy

Buy Right Sit Tight

‘Q’uality denotes quality of the business and management

‘G’rowth denotes growth in earnings and sustained RoE

‘L’ongevity denotes longevity of the competitive advantage or economic moat of the business

‘P’rice denotes our approach of buying a good business for a fair price rather than buying a fair business for a good price

Buy and Hold: We are strictly buy and hold investors and believe that picking the right business needs skill and holding onto these businesses to enable our investors to benefit from the entire growth cycle needs even more skill.

Focus: Our portfolios are high conviction portfolios with 25 to 30 stocks being our ideal number. We believe in adequate diversification but over-diversification results in diluting returns for our investors and adding market risk

QGLP

At Motilal Oswal Asset Management Company (MOAMC), our investment philosophy and investing style is centred on 'Buy Right: Sit Tight‘ principle.

WHY INVEST IN EQUITIES?

Key Objectives of Investing

Inflation adjusted current values of the investment of Rs. 100 invested in March 1979

The information herein is used for comparison purpose and is illustrative and not sufficient and shouldn’t be used for the development or implementation of an investment strategy. It should not be construed as investment advice to any party. Past performance may or may not be sustained in future.

Because key objective of investing in equities is to create wealth.

Source: Bloomberg, MOAMC internal analysis, Data as on Feb 29, 2019

-

250

500

750

1,000

1,250

1,500

1,750

2,000

Mar

-79

No

v-79

Jul-

80M

ar-8

1N

ov-

81A

ug-

82

Ap

r-8

3D

ec-8

3A

ug-

84

Ap

r-8

5Ja

n-8

6Se

p-8

6M

ay-8

7Ja

n-8

8Se

p-8

8Ju

n-8

9Fe

b-9

0O

ct-9

0Ju

n-9

1M

ar-9

2N

ov-

92Ju

l-93

Mar

-94

No

v-94

Au

g-9

5A

pr-

96

Dec

-96

Au

g-9

7A

pr-

98

Jan

-99

Sep

-99

May

-00

Jan

-01

Oct

-01

Jun

-02

Feb

-03

Oct

-03

Jun

-04

Mar

-05

No

v-05

Jul-

06M

ar-0

7N

ov-

07A

ug-

08

Ap

r-0

9D

ec-0

9A

ug-

10

May

-11

Jan

-12

Sep

-12

May

-13

Jan

-14

Oct

-14

Jun

-15

Feb

-16

Oct

-16

Jun

-17

Mar

-18

No

v-18

Jul-

19

Pu

rch

asin

g P

ow

er

Sensex Fixed Deposit Gold

If you had invested Rs 100 .....

1,893

265

116

Key Objectives of Investing

Source: Bloomberg, MOAMC internal analysis, Data as on Feb 29, 2019 Note: The information herein is used for comparison purpose and is illustrative and is not sufficient and shouldn’t be used for the development or implementation of an investment strategy. It should not be constructed as investment advice to any party. Past performance may or may not be sustained in future.

-

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

45,000

50,000

Mar

-79

Oct

-79

May

-80

Dec

-80

Jul-

81Fe

b-8

2Se

p-8

2A

pr-

83

No

v-83

Jun

-84

Jan

-85

Au

g-8

5M

ar-8

6O

ct-8

6M

ay-8

7D

ec-8

7Ju

l-88

Feb

-89

Sep

-89

Ap

r-9

0N

ov-

90Ju

n-9

1Ja

n-9

2A

ug-

92

Mar

-93

Oct

-93

May

-94

Dec

-94

Jul-

95Fe

b-9

6Se

p-9

6A

pr-

97

No

v-97

Jun

-98

Jan

-99

Au

g-9

9M

ar-0

0O

ct-0

0M

ay-0

1D

ec-0

1Ju

l-02

Feb

-03

Sep

-03

Ap

r-0

4N

ov-

04Ju

n-0

5Ja

n-0

6A

ug-

06

Mar

-07

Oct

-07

May

-08

Dec

-08

Jul-

09Fe

b-1

0Se

p-1

0A

pr-

11

No

v-11

Jun

-12

Jan

-13

Au

g-1

3M

ar-1

4O

ct-1

4M

ay-1

5D

ec-1

5Ju

l-16

Feb

-17

Sep

-17

Ap

r-1

8N

ov-

18Ju

n-1

9Ja

n-2

0

No

min

al V

alu

e

Sensex Fixed Deposit Gold

If you had invested Rs 100 .....

5,690

2,497

40,723

The information herein is used for comparison purpose and is illustrative and not sufficient and shouldn’t be used for the development or implementation of an investment strategy. It should not be construed as investment advice to any party. Past performance may or may not be sustained in future.

Because Inflation erodes the purchasing power of your money.

Source: Bloomberg, MOAMC internal analysis, Data as on Feb 29, 2019

Value of Rupee has eroded by about 95% from 1979 to 2019

Average inflation rate has been 6% for this period

CPI = Consumer Price Index

Inflation: Biggest destroyer of purchasing power…

-

20

40

60

80

100

120

Mar

-79

Feb

-80

Jan

-81

De

c-8

1

No

v-8

2

Oct

-83

Sep

-84

Au

g-8

5

Jul-

86

Jun

-87

May

-88

Ap

r-8

9

Mar

-90

Feb

-91

Jan

-92

De

c-9

2

No

v-9

3

Oct

-94

Sep

-95

Au

g-9

6

Jul-

97

Jun

-98

May

-99

Ap

r-0

0

Mar

-01

Feb

-02

Jan

-03

De

c-0

3

No

v-0

4

Oct

-05

Sep

-06

Au

g-0

7

Jul-

08

Jun

-09

May

-10

Ap

r-1

1

Mar

-12

Feb

-13

Jan

-14

De

c-1

4

No

v-1

5

Oct

-16

Sep

-17

Au

g-1

8

Jul-

19

Rupee

CPI = Consumer Price Index

Inflation erodes purchasing power of money

4.75

100

Motilal Oswal

Focused 25 Fund

(MOF25)

Summary

The investment objective of the Scheme is to achieve long term capital appreciation by primarily investing in upto of 25 companies with long term sustainable competitive advantage and growth potential. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved

MOF25 would endeavour to construct such a portfolio that the product is best suited for medium and long term investment

High conviction ideas with improved risk-adjusted return characteristics

‘360 degree view’ of company to identify competitive advantages

Why “Buy and Hold”

Improved Quality companies held for longer duration

Source : MOAMC internal analysis, Data as on February 28, 2019; Period - January 1, 2001 to February 28, 2019 Note: The information herein is used for comparison purpose and is illustrative and is not sufficient and shouldn't be used for the development or implementation of an investment strategy. It should not be construed as investment advice to any party. Past performance may or may not be sustained in future.

12.58%

6.10%

7.62%

12.51%

15.12%

5%

8%

11%

14%

17%

20%

23%

Index < 3 yrs < 5 Yrs < 7 yrs 10 - 20 yrs Index Always

Nifty 50

Focus on seeking optimal diversification

Investment Process

A business we

understand

Favorable long term economics

Able and trustworthy

management

Margin of Safety

Portfolio Construct

Investment Horizon: • Medium to Long Term

For Whom: • Investors who like to invest with a Long-term wealth creation view

Number of Stock: • Maximum 25 Stocks

Allocations: • Minimum 65%: Top 100 listed companies by full market capitalization • Maximum 35%: Equity and equity-related instruments other than above • Maximum 10%: Debt, Money Market Instruments, G-Sec, Bonds, Cash and

cash equivalents, etc. • Maximum 10%: Units issued by REITs (Real Estate Investment Trusts) and

InvITs (Infrastructure Investment Trusts)

Scrip Allocation • Maximum 10% of NAV in a single stock

Fund Details

Type of Scheme An open ended equity scheme investing in maximum 25 stocks intending to focus on Large Cap stocks

Scheme Category Focused Fund intending to invest in large cap stocks

Investment Objective: The investment objective of the Scheme is to achieve long term capital appreciation by investing in up to 25 companies with long term sustainable competitive advantage and growth potential. However, there can be no guarantee that the investment objective of the scheme would be achieved.

Benchmark: Nifty 50 TRI

Entry/Exit Load:

Entry : Nil Exit : 1% - If redeemed on or before 15 days from the date of allotment. Nil - If redeemed after 15 days from the date of allotment. A switch-out or a withdrawal shall also be subjected to the Exit Load like any Redemption. No Exit Load applies for switch between MOF25, MOF30, MOF35, MOFEH & MOFDYNAMIC. No Load for switch between Options within the Scheme.

Plans: Regular Plan and Direct Plan

Options (Under each plan):

Dividend (Payout and Reinvestment) and Growth

Minimum Application Amount:

Rs. 500/- and in multiples of Re. 1/- thereafter

Additional Application Amount:

Rs. 500/- and in multiples of Re. 1/- thereafter

Systematic Investment Plan (SIP):

Weekly SIP Rs. 500 and in multiples of Re.1/- thereafter (Minimum Installment – 12) Fortnightly SIP

Monthly SIP Quarterly SIP Rs. 1,500 and in multiples of Re.1/- thereafter (Minimum Installment – 4)

Annual SIP Rs. 6,000 and in multiples of Re. 1/- thereafter (Minimum Installment – 1) The Dates of Auto Debit Facility shall be on the 1st, 7th, 14th ,21st or 28th of every month.

Minimum Redemption Amount:

Rs. 500/- and in multiples of Re. 1/- thereafter or account balance, whichever is lower.

Sector Allocation

• Banks, Finance, and Pharma are the top 3 sector exposures

• Portfolio is well represented across a wide range of sectors

Data as on Feb 29, 2020 Industry classification as recommended by AMFI

26.0%

17.4%

10.9%

9.8%

8.0%

6.8%

4.9%

4.3%

3.8%

3.5%

2.2%

1.5%

0.8%

Banks

Finance

Pharmaceuticals

Retailing

Transportation

Software

Auto

Cement

Industrial Capital Goods

Pesticides

Construction Project

Services

Cash & Equivalent

Portfolio Holdings

• TOP 5 Stocks % to NAV= 42.8% • Top 10 Stocks % to NAV= 70.0%

TOP 10 Holdings

Data as on Feb 29, 2020

Scrip Holdings (%)

Avenue Supermarts Limited 9.8%

HDFC Bank Limited 9.4%

ICICI Bank Limited 9.2%

Kotak Mahindra Bank Limited 7.5%

HDFC Life Insurance Company Limited 7.0%

Tata Consultancy Services Limited 6.8%

Container Corporation of India Limited 6.6%

Abbott India Limited 5.6%

Max Financial Services Limited 4.5%

Dr. Reddy's Laboratories Limited 3.7%

Fund Manager

For Equity Component: Mr. Siddharth Bothra: He has a rich experience of more than 17 years in the field of research and investments. Prior to joining Motilal Oswal AMC, he had an extensive stint with Motilal Oswal Securities Ltd. as senior analyst in the institutional equities division covering various sectors. During his stint with Motilal Oswal Securities, Mr. Bothra won various recognition such as: ZEE Business TV - India’s Best Analyst Awards 2009 Infrastructure, ET Reuters Starmine Awards No.1 Earnings Estimator 2009 Real Estate & No. 2 Stock Picker 2010 Real Estate. He has also worked with broking outfits like Alchemy Share & Stocks and VCK Share & Stocks in the past. He has done his Post Graduate Program (PGP) from Indian School of Business (ISB), Hyderabad, which included an international MBA exchange program with NYU Stern Leonard N. Stern School of Business, New York. Funds managed by Mr. Siddharth Bothra: Motilal Oswal Focused 25 Fund and Motilal Oswal Equity Hybrid Fund

Mr. Siddharth Bothra Fund Manager

Fund Manager

For Debt Component: Mr. Abhiroop Mukherjee - He is a B.com (H), MBA with over 10 years of experience in trading Fixed Income Securities viz. G-secs, T-bills, Corporate Bonds CP, CD, etc. He has earlier worked with PNB GILTS LTD. as a WDM Dealer for the period 2007-2011 Funds Managed: Motilal Oswal Ultra Short Term Fund. He is also the Fund manager for the debt component of Motilal Oswal Midcap 30 Fund, Motilal Oswal Focused 25 Fund, Motilal Oswal Multicap 35 Fund, Motilal Oswal Dynamic Fund and Motilal Oswal Long Term Equity Fund.

Disclaimer

DISCLAIMER: This presentation has been prepared and issued on the basis of internal data, publicly available information and other sources believed to be reliable. The information contained in this document is for general purposes only and not a complete disclosure of every material fact and terms and conditions and features of Motilal Oswal Focused 25 Fund. The information / data herein alone is not sufficient and shouldn't be used for the development or implementation of an investment strategy. It should not be construed as investment advice to any party. All opinions, figures, charts/graphs, estimates and data included in this presentation are as on date and are subject to change without notice. While utmost care has been exercised while preparing this document, Motilal Oswal Asset Management Company Limited does not warrant the completeness or accuracy of the information and disclaims all liabilities, losses and damages arising out of the use of this information. The statements contained herein may include statements of future expectations and other forward-looking statements that are based on our current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Readers shall be fully responsible/liable for any decision taken on the basis of this presentation. No part of this document may be duplicated in whole or in part in any form and/or redistributed without prior written consent of the Motilal Oswal Mutual Fund/Motilal Oswal Asset Management Company Limited. Readers should before investing in the Scheme make their own investigation and seek appropriate professional advice. Past performance of the Sponsor / AMC / Mutual Fund and its affiliates does not indicate the future performance of the scheme and may not provide a basis of comparison with other investments. Please Read Scheme Information Document (SID) and Statement of Additional Information (SAI) carefully before investing. Statutory Details: Constitution: Motilal Oswal Mutual Fund has been set up as a trust under the Indian Trust Act, 1882. Trustee: Motilal Oswal Trustee Company Ltd. Investment Manager: Motilal Oswal Asset Management Company Ltd. (CIN: U67120MH2008PLC188186) Sponsor: Motilal Oswal Securities Ltd. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.