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Ajay Khandelwal

Fund manager at Motilal Oswal

Schemes named on
13
Managing since

Background

Qualifications
1. CFA Level 3 2. PGDM – MBA - TAPMI, Manipal 1. 3. B.E. – 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

4

Named on 13 schemes; the 4 with a three-year record are ranked by 3Y CAGR. Open a fund for NAV history, rolling returns, risk metrics and peer rank.

1Motilal Oswal Large and Midcap Fund★★★★☆+12.1%+24.2%+20.2%0.93%₹17,050Cr
2Motilal Oswal ELSS Tax Saver Fund★★★☆☆+13.3%+23.8%+18.6%0.98%₹4,627Cr
3Motilal Oswal Midcap Fund★★★☆☆+1.9%+22.6%+24.0%0.93%₹36,069Cr
4Motilal Oswal Flexi cap Fund★★☆☆☆+3.6%+21.6%+13.7%1.32%₹12,836Cr

NAV data as of 21 Aug 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. 11 of the 13 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.

All Motilal Oswal funds