Motilal Oswal Flexicap Fund, a flagship offering from Motilal Oswal Asset Management Company, completed 10 years on April 28. The fund during these 10 years has yielded an 18.66% annualised return and an absolute return of 455.40%. A lumpsum amount of Rs 10,000 invested 10 years back would have grown to Rs 55,540 now. Similarly, the fund given a 15.63% annualised return for SIP investors in this 10-year period, turning Rs 10,000 SIP into Rs 29 lakh.

“Since its inception, the fund has consistently delivered returns, positioning itself as a one of the popular choice for investors seeking diversified exposure across market capitalisations,” the AMC said in a release.

With an impressive Assets Under Management (AUM) of over Rs 9,660 crore, the Motilal Oswal Flexicap Fund has not only garnered trust and confidence from a vast investor base, but also demonstrated a strong growth trajectory, it said.

This growth, coupled with the fund’s ability to cater to diverse investment needs, underscores its potential for wealth creation.

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Notably, the promoters’ commitment to the fund’s success is evident through their substantial investment of Rs 1993 crore, representing +20% of the total AUM of the fund. This “skin in the game” approach underscores their confidence in the fund’s strategies and long-term potential.

“At Motilal Oswal AMC, we believe in the quality of business, quality of management, and growth prospects. Our fund manager follows an active investing style and runs focused high-conviction portfolios. We are a process-driven AMC and follow a team-based approach towards chiselling out narrowly defined long-period sustaining growth themes. The process is the key to a high earnings growth quotient for our portfolios. The consistent growth in our AUM demonstrates the confidence investors have in Motilal Oswal Group and our ‘Skin In The Game’ approach. We are excited to continue being a partner with our investors in their wealth creation journey,” Prateek Agrawal, MD & CEO of Motilal Oswal Asset Management Company, said.

The fund’s portfolio is actively managed with precision by Niket Shah as a lead fund manager for MO Flexicap fund. Niket Shah and the investment committee’s unique investment strategy has played a crucial role in the Flexicap fund’s turnaround, the company said.

“As a fund manager, seeing Motilal Oswal Flexicap Fund achieve this 10 years’ milestone is immensely gratifying. Our high-conviction portfolio has enabled the fund to show noticeable growth in the last two years. We will continue to identify businesses and sectors that have the potential of offer high value. The strategic decision to reallocate funds between mid-cap and large-cap will help us achieve the required growth, which we aim to sustain in the coming years. Our Flexicap fund has been investors’ preference for a very long time,” said Niket Shah, Fund Manager & Chief Investment Officer at Motilal Oswal Mutual Fund.