An Unique Approach

Motilal Oswal Financial Services (MOFSL) stands tall as a beacon of excellence in the Indian financial services industry. Established in 1987 with just two individuals, the company has since grown into a diversified powerhouse with over 9,800 employees and a presence across more than 550 cities and towns. From private wealth management and retail broking to institutional broking and asset management, MOFSL offers a broad spectrum of financial products and services.

Under the leadership of Niket Shah, Chief Investment Officer (CIO) at Motilal Oswal Mutual Fund & Asset Management, the firm has achieved remarkable growth in the mutual funds space. In just the last decade, the firm has grown 50-fold, from managing Rs 2,000 crore annually to surpassing Rs 1 lakh crore. This growth can be attributed to a concentrated investment strategy guided by the company’s QGLP (Quality, Growth, Longevity, and Price) philosophy.

Shah, in an interview, attributed this success to the firm's unique approach. “Unlike most mutual funds in India that follow a diversified strategy, we run a very concentrated strategy,” he shared. “This focus on high-quality companies with significant long-term growth potential has been central to our success."

Commitment To Integrity And Hard Work

Shah emphasised that the company's growth is rooted in its core values: determination, hard work, and integrity. These are not only values that have shaped Shah’s own professional journey but also pillars that define the company’s approach to hiring and management. “When we look at hiring within our organisation, these are the three pillars we focus on,” Shah noted.

Nurturing Innovation And Entrepreneurship

One of the defining features of the company’s culture is its emphasis on innovation and entrepreneurship, particularly among its younger employees. “We encourage new ideas from all team members, even the juniors,” Shah explained. “It’s often the fresh perspective of younger employees that surprises us, and we make sure to reward and promote innovative thinking.”

The company also embraces a culture of collaboration, allowing employees across different age groups and experiences to contribute equally to ideation and problem-solving.

A Vision For The Future

Looking ahead, Shah identified quick commerce and fintech as two sectors with enormous growth potential. “Quick commerce is a major category where the size of the opportunity is very large, and growth rates are high,” he said. “In addition, fintech companies are solving some of today’s most pressing problems, and we expect continued strong performance from this sector."

Motilal Oswal Financial Services continues to shine as a leader in India's financial landscape, driven by a commitment to innovation, integrity, and long-term growth. With a clear strategy and a focus on high-quality investments, the company is well-positioned to maintain its upward trajectory in the years to come.

Kapil Yadav

BW Reporters The author is a trainee correspondent with BW Businessworld