Ajay Khandelwal
Fund manager at Motilal Oswal Mutual Fund
- Schemes managed
- 15
- Longest tenure
- Motilal Oswal Small Cap Fundsince 5 Dec 2023
Source: fund houses’ disclosures, as of 28 Oct 2026.
Schemes managed, A to Z
| Scheme | Category | Role | Since | Co-managers | Assets, ₹ cr |
|---|---|---|---|---|---|
| Motilal Oswal Active Momentum Fund | Sectoral/Thematic Fund | Fund manager, equity | 24 Feb 2025 | Bhalchandra Shinde, Rakesh Shetty, Varun Sharma, Vishal Ashar | 1,36430 Sep 2026 |
| Motilal Oswal ELSS Tax Saver Fund | ELSS – Tax Saver Fund | Fund manager, equity | 11 Dec 2023 | Ankit Agarwal, Rakesh Shetty, Varun Sharma | 4,89030 Sep 2026 |
| Motilal Oswal Financial Services Fund | Sectoral/Thematic Fund | Fund manager | 27 Jan 2026 | Atul Mehra, Bhalchandra Shinde, Rakesh Shetty, Sandeep Jain, Swapnil P Mayekar | 20930 Sep 2026 |
| Motilal Oswal Flexi Cap Fund | Flexi Cap Fund | Fund manager, equity | 1 Oct 2024 | Ankit Agarwal, Rakesh Shetty, Swapnil P Mayekar, Varun Sharma | 13,44630 Sep 2026 |
| Motilal Oswal Infrastructure Fund | Sectoral/Thematic Fund | Fund manager | 23 Apr 2025 | Atul Mehra, Bhalchandra Shinde, Rakesh Shetty, Swapnil P Mayekar | 15230 Sep 2026 |
| Motilal Oswal Large and Midcap Fund | Large & Mid Cap Fund | Fund manager, equity | 11 Dec 2023 | Ankit Agarwal, Rakesh Shetty, Swapnil P Mayekar, Varun Sharma | 19,83230 Sep 2026 |
| Motilal Oswal Large Cap Fund | Large Cap Fund | Fund manager | 17 Jan 2024 | Atul Mehra, Rakesh Shetty, Swapnil P Mayekar | 2,92530 Sep 2026 |
| Motilal Oswal Manufacturing Fund | Sectoral/Thematic Fund | Fund manager, equity | 19 Jul 2024 | Atul Mehra, Bhalchandra Shinde, Rakesh Shetty, Swapnil P Mayekar | 66930 Sep 2026 |
| Motilal Oswal Midcap Fund | Mid Cap Fund | Fund manager, equity | 1 Oct 2024 | Ankit Agarwal, Rakesh Shetty, Swapnil P Mayekar, Varun Sharma | 40,20830 Sep 2026 |
| Motilal Oswal Multi Asset Omni FoF | Fund of Funds (Overseas/Domestic) | Fund manager | 21 Oct 2026 | Bhalchandra Shinde, Rakesh Shetty, Swapnil P Mayekar | Not reported |
| Motilal Oswal Quality Fund | Sectoral/Thematic Fund | Fund manager | 28 Aug 2026 | Ankit Agarwal, Rakesh Shetty, Swapnil P Mayekar, Varun Sharma | 4030 Sep 2026 |
| Motilal Oswal Quant Fund | Sectoral/Thematic Fund | Fund manager, equity | 3 Jun 2024 | Ankit Agarwal, Rakesh Shetty | 23430 Sep 2026 |
| Motilal Oswal Services Fund | Sectoral/Thematic Fund | Fund manager | 20 May 2025 | Atul Mehra, Bhalchandra Shinde, Rakesh Shetty, Swapnil P Mayekar | 13630 Sep 2026 |
| Motilal Oswal Small Cap Fund | Small Cap Fund | Fund manager, equity | 5 Dec 2023 | Ankit Agarwal, Bhalchandra Shinde, Rakesh Shetty, Swapnil P Mayekar, Varun Sharma | 8,29830 Sep 2026 |
| Motilal Oswal Special Opportunities Fund | Sectoral/Thematic Fund | Fund manager, equity | 25 Jul 2025 | Ankit Agarwal, Rakesh Shetty, Swapnil P Mayekar, Varun Sharma | 10830 Sep 2026 |
Regular plan – Growth for every scheme; assets at the month-end shown, as each fund house discloses them.
How long on each scheme
- Motilal Oswal Active Momentum Fund1 year 8 months, since 24 Feb 2025
- Motilal Oswal ELSS Tax Saver Fund2 years 10 months, since 11 Dec 2023
- Motilal Oswal Financial Services Fund9 months, since 27 Jan 2026
- Motilal Oswal Flexi Cap Fund2 years, since 1 Oct 2024
- Motilal Oswal Infrastructure Fund1 year 6 months, since 23 Apr 2025
- Motilal Oswal Large and Midcap Fund2 years 10 months, since 11 Dec 2023
- Motilal Oswal Large Cap Fund2 years 9 months, since 17 Jan 2024
- Motilal Oswal Manufacturing Fund2 years 3 months, since 19 Jul 2024
- Motilal Oswal Midcap Fund2 years, since 1 Oct 2024
- Motilal Oswal Multi Asset Omni FoFunder a month, since 21 Oct 2026
- Motilal Oswal Quality Fund2 months, since 28 Aug 2026
- Motilal Oswal Quant Fund2 years 4 months, since 3 Jun 2024
- Motilal Oswal Services Fund1 year 5 months, since 20 May 2025
- Motilal Oswal Small Cap Fund2 years 10 months, since 5 Dec 2023
- Motilal Oswal Special Opportunities Fund1 year 3 months, since 25 Jul 2025
Managers who left before 28 Oct 2026 are not shown.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.