About
Motilal Oswal Financial Services Ltd. (MOFSL) is a diverse financial services firm offering an array of products such as Private Wealth, Retail Brokin
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g, Institutional Broking, Asset Management, Investment Banking, Private Equity, Commodity Broking, Currency Broking, and Home Finance. It serves a broad client base, including retail customers, mutual funds, foreign institutional investors, financial institutions, and corporate clients. Headquartered in Mumbai, the firm operates over 2500 business locations across more than 550 cities and towns, catering to 5.5 million customers.
MOFSL places strong emphasis on research, investing nearly 10% of its revenue in equity research. It employs over 25 research analysts who study over 250 companies across 20 sectors. The firm's research reports are widely recognised in the media, and its commitment to quality has earned it numerous accolades, including the Best Performing Equity Broker (National) at the CNBC TV18 Financial Advisor Awards for five consecutive years.
Grant Value
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2020-21
Grant ValueRs. 78,800,000CSR BudgetRs. 73,000,000 -
2021-22
Grant ValueRs. 112,500,000CSR BudgetRs. 68,500,000 -
2022-23
Grant ValueRs. 53,700,000CSR BudgetRs. 46,400,000
Organisations Supported
Geographical Coverage
Impact
Vision & Mission
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Vision
To provide opportunities for children and their families to move from poverty and dependence to self-reliance
Programs
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Govardhan Kaushal Vikas Kendra
DescriptionMotilal Oswal Financial Services Limited, through its foundation, partnered with Sri Chaitanya Seva Trust to create the 'Govardhan Kaushal Vikas Kendra' in Wada. This large skill training centre, covering seventy thousand square feet, serves the tribal youth and women of Palghar and Thane districts in Maharashtra. It provides comprehensive training and development opportunities, including entrepreneurial skills, physical and mental wellbeing, and personality development. The centre includes hostel facilities for over 60 students, as well as accommodation for trainers and visiting faculty, making it one of the largest trust-run skill training centres in the region.
CauseStatesDemographicsImpactStudents 60Supported NGOsPartners for Govardhan Kaushal Vikas Kendra -
Parivaar Education Society-Residential school
DescriptionMotilal Oswal Financial Services Limited, through its foundation, funded the construction of a hostel building at the Parivaar residential school complex in Sandalpur, Madhya Pradesh. This facility accommodates 200 tribal students, offering both lodging and boarding. Parivaar provides educational programmes in remote tribal villages where students study locally until class 5. Due to limited secondary education facilities, Parivaar initiated the residential school, focusing on the holistic development of students through sports, cultural, and recreational activities. The aim is to help students complete higher education, acquire skills, and become responsible, contributing citizens.
CauseStatesDemographicsImpactTribal students 200Supported NGOsPartners for Parivaar Education Society-Residential school -
Plaksha University
DescriptionMotilal Oswal Financial Services Limited, through its foundation, has contributed as a seed donor to Plaksha University in Mohali. Plaksha University is designed to promote creativity and innovation in technology education. Situated on a 50-acre campus, it is equipped with modern technology, prioritises sustainability, and is easily accessible. The university has established partnerships with leading global institutions to provide students with an exceptional educational experience.
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Motilal Oswal - KISS Residential School, Balangir
DescriptionMotilal Oswal Financial Services Limited, through its foundation, has collaborated with the Kalinga Institute of Social Sciences (KISS) to establish a residential school for 2,000 tribal children in the underdeveloped Balangir district of Odisha. This 15-acre campus includes a 50-bed hospital, separate hostels for boys and girls, a solar-powered kitchen, a skill development centre, and a fully equipped sports ground. Built on green campus principles, it features modern waste management facilities. The school provides free education from grades 1 to 12 and offers employment opportunities for locals. Guided by the motto "Knowledge First," the Motilal Oswal-KISS Residential School aims to empower and enlighten India's youth, contributing to the country's development.
CauseStatesDemographicsImpactTribal children 2,000Supported NGOsPartners for Motilal Oswal - KISS Residential School, Balangir -
Hostel for CA students
DescriptionMotilal Oswal Financial Services Limited believes that robust infrastructure is essential for quality education. As part of its CSR efforts, it supports building high-quality educational institutions in India. Recently, it contributed to the expansion of 'Agrawal-Oswal Chhatrawas,' a hostel for CA aspirants in Mumbai. The original five-storey structure housed 200 students, while the new twelve-floor building significantly increases capacity. One floor is dedicated to recreational activities, seminars, and conferences. The hostel offers safe lodging and boarding, fostering a nurturing environment for the holistic development of students.
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Ivy League University
DescriptionMotilal Oswal Financial Services Limited, through its foundation, is a founding member of Ashoka University near Delhi. This philanthropic institution, established by distinguished scholars and visionaries, aims to provide a liberal education comparable to the world's best universities. The founders of Ashoka University, who are successful entrepreneurs and professionals, have been educated at top institutions in India and abroad. They understand the challenges and needs of higher education in India and believe that innovative educational models are vital for developing thinkers, leaders, entrepreneurs, and skilled professionals across various fields. The university offers undergraduate and postgraduate courses in collaboration with renowned global institutions.
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Shloka Missionaries
DescriptionMotilal Oswal Financial Services Limited, through its foundation, has sponsored a school near Nanded, Maharashtra, in collaboration with Shloka Missionaries. Founded in 2014, the school aims to provide free, high-quality English medium education to children in rural areas, beginning with pre-primary and primary sections and expanding each year. This initiative benefits children from surrounding villages and creates employment opportunities for educated youth. Shloka Missionaries, led by Prof Sandeep Desai, a former corporate professional, has established three other schools in rural Rajasthan. Prof Desai, who transitioned from his corporate career to focus on rural education, is a recipient of the CNN IBN Real Heroes Award.
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Ramakrishna Mission Ashram
DescriptionMotilal Oswal Financial Services Limited, through its foundation, has partnered with Ramakrishna Mission Ashrama in Narainpur to support education for primitive tribes in Abhujmarh, Chhattisgarh. Since 1985, Ramakrishna Mission Ashrama has focused on education, healthcare, rural development, and youth training in naxalite-affected areas, operating schools in Akabeda, Kundla, Kutul, Kachapal, Irrakbhatti, and Orchha. These schools, established in 1987, are the sole education source for children in these regions. The foundation's collaboration includes constructing a new school building at Irrakbhatti, expanding the school’s capacity from 50 to 100 students and adding a well-planned library and science laboratory.
CauseStatesDemographicsImpactStudents 100 -
Transformation of Two Schools
DescriptionMotilal Oswal Financial Services Limited, through its foundation, has renovated two schools in Wada: R.R.J Vidyamandir-Tuse and Shreemati Surekha H. Gardi Svajan Vidyalaya, Khaire-Aambivali. These schools, built over three decades ago, were in poor condition, making it hard for students to attend classes. The foundation's efforts have created a better learning environment for nearly 1,000 students annually by providing safe drinking water, hygienic washrooms, well-lit and ventilated classrooms. Additionally, the rainwater harvesting system at Tuse School promotes water conservation. These improvements are expected to boost students' motivation and enhance their learning outcomes.
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Makeover of Posheri School
DescriptionMotilal Oswal Financial Services Limited, through its foundation, initiated a comprehensive overhaul of B L Singhda Madhyamika Vidyalaya, severely damaged by rainwater seepage. The classrooms lacked electrical fittings and had leaking roofs, necessitating the use of buckets to collect water. The foundation transformed the school by converting the terrace into a spacious activity hall, now one of the largest event spaces in the area. All classrooms were equipped with lights, fans, and fresh paint. New sanitary facilities with running water and hand-wash stations were installed, alongside an independent drinking water station with a filter. A rainwater harvesting system was implemented, and additional security measures such as grills and gates were put in place. The foundation also provided computers, notebooks, textbooks, a science lab, and other essential facilities, greatly enhancing the learning environment and boosting the confidence and happiness of over 400 students and school staff.
CauseStatesDemographicsImpactStudents 400 -
Transformation of School at Asanas
DescriptionMotilal Oswal Financial Services Limited, through its foundation, revitalized B.Y. Patil Vidyalaya in Asanas, the first school it undertook to support. Situated in a remote area, the school serves over 450 students from Asanas and neighbouring villages. The foundation constructed new sanitation facilities, a drinking water station, additional classrooms, and repaired the existing infrastructure, including addressing water scarcity with a rainwater harvesting system. The renewed school has garnered attention throughout the area, delighting students and teachers with improved facilities. Beyond infrastructure, the foundation focuses on holistic development, offering subject-specific training for teachers and enhancing student resources with an English Language lab, sports kits, library access, science lab materials, and career guidance sessions.
CauseStatesDemographicsImpactStudents 450 -
Milestone at Wada
DescriptionMotilal Oswal Foundation (MOF) marked a significant achievement in its commitment to enhancing education by unveiling the renovated premises of New English School in Sonale, Wada on 29th March. Established in 1967, the school's deteriorated structure posed safety risks for students and staff. MOF intervened by constructing new principal and staff rooms, modern washrooms with hand-wash facilities, a drinking water station, staircase, and main entryway. Classrooms were refurbished with additional lighting, fans, new blackboards, upgraded flooring, heightened ceilings, and new roofing. A rainwater-harvesting system ensures consistent water supply throughout the year. Each classroom now features a wall library stocked with over 150 books, supplemented by science lab materials, sports kits, and a book club providing textbooks for 9th and 10th grade students. Computers were also donated, enhancing educational resources at the school.
CauseStatesDemographicsImpactStudents 450 -
Upgrading Zilla Parishad Schools
DescriptionMotilal Oswal Foundation enhanced educational facilities at five Zilla Parishad Primary schools in Wada to improve the student experience. Upgrades included constructing toilet blocks, handwash stations, and drinking water stations equipped with RO filters, as well as developing sports grounds and renovating classrooms. To address water scarcity, rainwater harvesting systems were installed across all schools. These improvements are expected to increase student attendance, positively impact health and learning outcomes, and encourage greater parental involvement in school activities.
CauseStatesDemographicsSupported NGOsPartners for Upgrading Zilla Parishad Schools -
Mid-day Meal Sponsorship
DescriptionMotilal Oswal Financial Services Limited has partnered with the ISKCON Food Relief Foundation to combat malnutrition, a significant issue contributing to school absenteeism and dropouts in India. The foundation sponsors midday meals in three schools, benefiting over 1,000 students. Recognising the critical role of nutritious meals in fostering proper learning and overall child development, this initiative aims to improve attendance and educational outcomes among school children.
CauseDemographicsImpactStudents 1,000Schools 3Supported NGOsPartners for Mid-day Meal Sponsorship -
English Language Lab
DescriptionMotilal Oswal Financial Services Limited recognises the critical importance of English proficiency in the era of globalization for both personal and professional growth. Many children, particularly those attending regional language schools, often lack adequate opportunities to learn and practice English effectively. To address this challenge, the foundation sponsors an English Language Lab, a computer-based classroom tool designed to help students learn and practice accurate spoken English, enhancing their language skills and opportunities for future success.
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Developing School Libraries & Laboratories
DescriptionThe Foundation aims to enrich educational facilities by sponsoring the development of science laboratories and libraries in schools. These initiatives are meticulously planned to enhance learning opportunities for students over the long term. In addition, the Foundation supports infrastructure development and provides sports kits in select schools to foster student talent. Beyond urban Mumbai, the Foundation extends its support to schools in rural areas surrounding the city, striving to provide inspiring educational environments for children across diverse communities.
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E-Learning Initiative
DescriptionMotilal Oswal Financial Services Limited initiated an e-learning pilot project at a remote school in the Murbad region. This school serves tribal children from neighbouring villages, whose families are predominantly farm laborers. With limited exposure to external resources, the initiative has provided a valuable new avenue for learning. The school administration is pleased with the initiative's impact on enhancing educational opportunities for the children.
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Sponsorship of Ekal Vidyalayas
DescriptionMotilal Oswal Financial Services Limited, through its foundation, supports 60 Ekal Vidyalayas in Madhya Pradesh as part of the flagship 'One Teacher One School' program by Van Bandhu Parishad (Friends of Tribal Society). These schools provide non-formal primary education to children aged 6 to 14 in remote areas, emphasizing not only education but also the health and hygiene of the students. This initiative aims to bring educational opportunities closer to tribal communities, promoting holistic development among children in underserved regions.
CauseDemographicsImpactEkal Vidyalayas 60Supported NGOsPartners for Sponsorship of Ekal Vidyalayas -
Let's Learn English
DescriptionMotilal Oswal Foundation has launched the Let’s Learn English Program for 5th to 7th grade students in Wada. This initiative aims to enhance students' proficiency in reading, writing, and speaking English. What sets this program apart is its innovative approach to English language teaching. In partnership with QUEST, the foundation is piloting the program across three schools, each assigned a dedicated Fellow trained by QUEST. These schools have designated classrooms specifically for Let’s Learn English sessions, equipped with posters, games, books, and interactive learning materials designed to spark children's curiosity and make learning enjoyable. MOF believes in experiential learning as the best method for children's education, striving through this program to create a rewarding learning experience for all students involved.
CauseStatesDemographicsSupported NGOsPartners for Let's Learn English -
Mobile Planetarium
DescriptionMotilal Oswal Foundation introduced a unique 'mobile planetarium' initiative to bring astronomy closer to children. Over ten days, this portable planetarium captivated nearly 4,000 students across 11 schools in Wada. The dome-shaped structure created an immersive experience, making the children feel as though they were sitting under the night sky. It was a first-time experience for many students, who were thrilled to learn about the solar system, rockets, and space through this engaging initiative.
CauseStatesDemographicsImpactStudents 4,000Schools 11Supported NGOsPartners for Mobile Planetarium -
Book Bank for Wada Schools
DescriptionMotilal Oswal Foundation is dedicated to improving education quality and facilities in the Wada region. While the Sarva Shiksha Abhiyaan provides free textbooks to students up to the 8th standard, no such provision exists for the 9th and 10th standards. Given the limited family incomes of many students in Wada, purchasing textbooks was a burden. To address this, the foundation established a Book Bank in nine schools, benefiting over 500 students by providing them with necessary textbooks.
CauseStatesDemographicsImpactStudents 900Schools 9 -
Let's Read Programme
DescriptionMotilal Oswal Foundation, in partnership with United Way Mumbai, launched the Let’s Read Program at a school in Wada to introduce children to the world of books. Each classroom now has a dedicated library with books tailored to the students' reading levels. The children were excited to take books from the library bags and explore them, fostering a love for reading and learning.
CauseStatesDemographicsSupported NGOsPartners for Let's Read Programme -
Career Counselling Sessions
DescriptionMany students lack proper guidance at home for selecting courses after SSC and often follow their peers, leading to poor decisions affecting their futures. Motilal Oswal Foundation addresses this by organising career counselling sessions for 9th and 10th standard students. These sessions aim to help students make informed choices about their study streams after SSC by providing insights into various courses based on their interests and aptitudes.
CauseDemographics -
Motivational Sessions
DescriptionMotilal Oswal Foundation regularly organises interactive sessions with Mr. Raamdeo Agrawal, its Founder and JMD, who is passionate about guiding young learners. These sessions are held at schools or Motilal Oswal Tower. Students are also given tours of the office building, where they interact with employees and learn about various career opportunities in the financial sector.
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Learning Advancement Programme
DescriptionMathematics is often feared by many students in India, despite its importance. To address this, Motilal Oswal Foundation supports Adhayayan Sanstha in implementing a Learning Enhancement Program in schools of Vasai and Vikramgad block. This programme aims to make learning mathematics easy and enjoyable through hands-on examples. It focuses on helping middle school children explore mathematics and improve numerical skills. By the end of the programme, students will be proficient in operations involving fractions, decimal fractions, and assigning appropriate signs in additions and subtractions.
CauseStatesDemographicsSupported NGOsPartners for Learning Advancement Programme -
Skill Development
DescriptionMotilal Oswal Foundation, guided by its vision to help people transition from poverty to self-reliance, launched a pilot skill development programme in Chhattisgarh. This initiative aims to provide rural youth with essential skills for self-employment and improve their employability.
CauseDemographics -
Yaas Relief
DescriptionMotilal Oswal Foundation sponsored a relief effort for 1,000 families in the remote areas of Sundarban affected by Cyclone Yass. The initiative provided food, water, clothes, and medicines to those in need.
CauseStatesDemographicsImpactFamilies 1,000 -
COVID Relief Response
DescriptionMotilal Oswal Foundation swiftly responded to the COVID-19 crisis by distributing 310 oxygen concentrators across Maharashtra, Rajasthan, and Gujarat, alongside 50 Bipap machines in critical areas. They also supplied 200 gas cylinders to a hospital in Barmer and donated an ambulance to Nandurbar District. Collaborations with Bhaktivedanta Hospital and Vijay Ganga in Chennai enhanced medical facilities for the underprivileged. They sponsored meals for hospital staff in Mumbai, supported folk artists in Rajasthan with ration kits, and aided a Mumbai Community Kitchen serving 300 meals daily. Partnering with ANNADA, they distributed ration kits to vulnerable families in Raigad and Wada. Additionally, they're aiding the rehabilitation of 100 families and supporting nationwide relief efforts with the Sood Charity Foundation.
CauseStatesDemographicsImpactOxygen concentrators 310Supported NGOsPartners for COVID Relief Response -
Flood Relief in Assam
DescriptionMotilal Oswal Foundation, in response to the devastating floods in Assam since June, partnered with Akshaya Patra Foundation to assist affected communities in two districts near Guwahati. Together, they distributed 500 essential grocery kits filled with hygienic raw grains to those displaced by the floods. These efforts aim to provide immediate sustenance to families who have lost their homes and belongings, helping them endure until they can begin rebuilding their lives.
CauseStatesDemographicsImpactGrocery kits 500Supported NGOsPartners for Flood Relief in Assam
Annual Reports
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2023
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2022
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2021
Location
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Headquarters
Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai-400025
Directions
Contact
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Email ID
mofoundation@motilaloswal.com
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Phone Number
022 3010 2494
Point of Contact
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Name
Hemangi Date
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Email ID
query@motilaloswal.com