Ajay Khandelwal
Fund manager at Motilal Oswal
Ajay Khandelwal is named on 18 schemes at Motilal Oswal, managing there since 11 Dec 2023. Of the 6 ranked with a three-year record, 3-year CAGR runs from 21.2% (Motilal Oswal Large and Midcap Fund - Direct Plan - Growth) down to 2.7% (Motilal Oswal Balanced Advantage Fund - Direct Plan - Growth), across Large & Mid Cap Fund, ELSS, Mid Cap Fund and 3 more categories. Returns are computed from AMFI NAV history and are net of expenses; the roles and dates come from Motilal Oswal's SEBI filings.
Background
- Qualifications
- 1. CFA Level 3 2. PGDM – MBA - TAPMI, Manipal 3. B.E. Electrical Engineer MITS, Gwalior
- Experience
- • Mr Ajay Khandelwal has around 19 years of experience in fund management and research activity. Earlier he was associated with Canara Robeco Asset Management Company as Fund Manager, where he used to take active part in fund management activity of Small Cap Fund. • He started his professional journey as a Research Analyst in BOI AXA Investment Managers, where he used to research on Information Technology (IT) and Banking, Financial Services and Insurance (BFSI) industry, understanding the sector and company specification through data analysis.
Funds Ajay Khandelwal manages
6Named on 18 schemes; the 6 with a three-year record are ranked by 3Y CAGR. Open a fund for NAV history, rolling returns, risk metrics and peer rank.
| 1 | Motilal Oswal Large and Midcap Fund | ★★★★☆ | +5.6% | +21.2% | +18.3% | 0.89% | ₹17,050Cr |
| 2 | Motilal Oswal ELSS Tax Saver Fund | ★★★☆☆ | +6.8% | +20.5% | +16.5% | 0.96% | ₹4,627Cr |
| 3 | Motilal Oswal Midcap Fund | ★★★☆☆ | -0.7% | +17.7% | +19.7% | 0.91% | ₹36,069Cr |
| 4 | Motilal Oswal Flexi Cap Fund | ★★☆☆☆ | +2.3% | +17.6% | +12.3% | 1.18% | ₹12,836Cr |
| 5 | Motilal Oswal Focused Fund | ★☆☆☆☆ | +24.9% | +14.6% | +10.3% | 1.60% | ₹1,527Cr |
| 6 | Motilal Oswal Balanced Advantage FundSmall fund | ★☆☆☆☆ | +0.3% | +2.7% | +5.6% | 1.55% | ₹5.07Cr |
NAV data as of 05 Oct 2026. Role, qualifications and tenure are disclosures from Motilal Oswal’s Scheme Information Documents and Statement of Additional Information — SEBI filings, not our assessment of anyone. 3 of the 18 scheme assignments come from another of the house’s filings naming them rather than from that scheme’s own document, so that list may be incomplete. Returns are computed from AMFI NAV history; see our methodology. A fund’s performance is not attributable to one person, and nothing here is investment advice.