Niket Shah's Leadership Propels Motilal Oswal AUM from Rs 19,000 Cr to Rs 1.7 Lakh Cr

• Niket Shah, CIO of Motilal Oswal AMC, is transitioning to MD in the Group's Principal Investments business after 8 years.
• Under Shah's tenure, Motilal Oswal AMC's AUM grew from Rs 19,000 crore in 2020 to Rs 1.7 lakh crore today.
• The Motilal Oswal Midcap Fund's AUM surged from Rs 1,047 crore in H1CY20 to Rs 38,000 crore by December 2025, a 38x growth.
• Multiple funds, including Multicap and Business Cycle Funds, delivered significant alpha, with 8 out of 9 funds ranking #1 in early 2025.
• The AMC achieved substantial net inflows of ~Rs 50,000 crore in FY25 and ~Rs 33,000 crore till 9M FY26, reflecting strong investor trust.

Why It Matters: Niket Shah's strategic leadership dramatically boosted Motilal Oswal AMC's AUM and fund performance.