This one-year multi-asset allocation fund gave average returns of 14.92%

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Motilal Oswal Asset Allocation Passive Fund of Fund – Aggressive – Direct Plan-Growth

This multi-asset allocation fund (FoF) was launched on March 12, 2021 by the SICAV Motilal Oswal.

It is a mid-size open-end fund in its class that aims for long-term capital growth by investing in a passive fund such as an ETF or an index fund of equity and equity-related instruments, fixed income securities and gold.

The fund has assets under management worth Rs 65.4 Crore. While its net asset value as of April 13, 2022 is Rs 11,633. This is an expense ratio of 0.05%, which is very low compared to its category average and what other funds charge in this category.

The fund has been marked as a high-risk investment fund. As the fund is a hybrid mutual fund, it does not guarantee returns. This is a marked linked fund.

For an investment in this fund, the minimum lump sum investment amount required is Rs 500, and for SIP, it is also Rs 500. The fund charges an exit charge of 1% if redeemed later than 15 days from the date of allocation.

Absolute and annualized returns

Absolute and annualized returns

Flat-rate returns on investment

Investment period Absolute returns Annualized returns
1 year 15.40% 15.40%
Since the creation 16.33% 14.92%

SIP Returns

MS period Absolute returns Annualized returns
1 year 4.93% 9.27%
Wallet

Wallet

The fund is 72.49% invested in equities and 17.47% in debt securities. The equity portion of the fund is primarily invested in financial industries. It is less exposed to financial sectors than other funds in the category. The fund’s debt has a low credit rating, which means the borrowers it has given money to are not high quality.

The main holdings of the fund are Motilal Oswal Nifty 500 Fund Direct-Growth, Motilal Oswal S&P 500 Index Fund Direct-Growth, Motilal Oswal 5 Year G-Sec ETF – Growth, ICICI Prudential Gold Exchange Traded Fund-IDCW, Motilal Oswal NASDAQ 100 ETF Funds.

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