Motilal Oswal Bets on Diversification: New Multi Cap Fund Launched

May 29, 2024

Motilal Oswal Mutual Fund has launched Motilal Oswal Multi Cap Fund.

Motilal Oswal Multi Cap Fund is an open-ended equity scheme investing across large cap, mid cap, small cap stocks.

The investment objective of the Scheme is to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of large, mid and small cap companies. However, there can be no assurance that the investment objective of the scheme will be realized.

Under normal circumstances, Motilal Oswal Multi Cap Fund will hold an allocation of 75% to 100% in Equity & Equity related instruments as follows: 25% to 50% in Equity & Equity related instruments of Large Cap companies, 25% to 50% in Equity & Equity related instruments of Mid Cap companies, 25% to 50% in Equity & Equity related instruments of Small Cap companies and 0% to 25% in Debt and Money Market instruments (including cash and cash equivalents), Liquid and Debt Schemes of Mutual Fund and 0% to 10% in Units of REITs & InvITs.

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Motilal Oswal Multi Cap Fund’s investment strategy is to follow an active investment style and will seek to invest in across large, mid, small cap companies with a strong competitive position or economic moat, good business prospects, run by a competent management that will help them achieve good growth over the medium to long term and available at reasonable valuations.

The scheme portfolio will essentially follow MOAMC’s QGLP philosophy – i.e. invest in Quality businesses with reasonable Growth potential and with sufficient Longevity of that growth potential at a fair Price. The fund managers will endeavour to meet the investment objective of the Scheme while maintaining a balance between safety, liquidity and return on investments.

Motilal Oswal Multi Cap Fund is benchmarked against Nifty 500 Multicap 50:25:25 Index TRI

Motilal Oswal Multi Cap Fund will be managed by Mr Ajay Khandelwal, Mr Niket Shah, Mr Santosh Singh, Mr Atul Mehra, Mr Rakesh Shetty and Mr Ankush Sood.

Motilal Oswal Multi Cap Fund is open for subscription from May 28, 2024 to June 11, 2024. The fund will reopen for continuous sale and repurchase within 5 days from the date of allotment.

The fund offers Direct Plan and Regular Plan. Under each plan the fund offers Growth option and Income Distribution cum Capital Withdrawal.

The minimum subscription amount is Rs 500/- and in multiples of Re. 1 thereafter.