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About Motilal Oswal Financial Services Ltd Motilal Oswal Financial Services Ltd (MOFSL) is a prominent non-banking financial company in India, registered under the Reserve Bank of India Act, 1934. Established in 2005, MOFSL provides a diverse array of financial products and services, including institutional equities, asset management, and private wealth management, among others. The company serves a broad client base, from retail customers to foreign institutional investors and corporate clients. MOFSL operates its lending business through its subsidiary, Motilal Oswal Home Finance, focusing on loan against securities and affordable housing finance.
The company's strategic expansions and acquisitions have led to a robust network of subsidiaries, enhancing its capabilities in asset management and broking services. Notably, MOFSL has made significant inroads into international markets and private equity. As of 2022, the company boasts a substantial client base of 28.5 lakh retail broking and distribution clients and a robust financial product distribution AUM of Rs 16,764 crores. It has also expanded its offerings with innovative products like 'Options Store' and 'Research 360', catering to both retail and advanced traders.