Motilal Oswal Mutual Fund is launching the Motilal Oswal Multi Asset – Omni Fund of Funds, a new scheme from Motilal Oswal Asset Management Company Limited. The new fund offer (NFO) opens on 21-10-2026. The closing date is not available yet.
A fund of funds does not buy shares or bonds directly. It buys units of other mutual funds. This one spreads your money across equity funds, debt funds and gold and silver ETFs inside a single scheme.
The goal is long-term capital appreciation, meaning growth in your money over many years.
Motilal Oswal Multi Asset – Omni Fund of Funds NFO details
Fund name | |
Fund type | Open-ended fund of funds |
Category | Hybrid FoF (domestic), multi-asset allocation FoF |
Nature of scheme | Invests in equity-oriented schemes, debt-oriented schemes and gold and silver ETFs |
Benchmark | 60% Nifty 500 TRI, 5% domestic gold price, 5% domestic silver price, 30% Nifty Short Duration Debt Index |
Fund managers | Bhalchandra Shinde (Associate Fund Manager), Ajay Khandelwal, Swapnil Mayekar (Fund Manager, Commodities) |
NFO opens | 21-10-2026 |
NFO closes | Not available |
Allotment / reopening date | Not available |
Minimum investment | Rs 500 and in multiples of Re 1 |
Additional investment | Rs 500 and in multiples of Re 1 |
SIP amount | Rs 500 monthly (minimum 12 instalments); daily SIP from Rs 100 |
NAV | Rs 10 per unit |
Stamp duty | 0.005% on purchases |
Entry load | Not available |
Exit load | 1% if redeemed within 90 days of allotment; nil after |
Motilal Oswal Mutual Fund (AMC) details
AMC name | Motilal Oswal Asset Management Company Limited |
Assets under management | ₹151.41 crore as of September 30, 2026 |
Website | |
Registered office | 10th Floor, Motilal Oswal Tower, Rahimtullah Sayani Road, Opp. Parel ST Depot, Prabhadevi, Mumbai 400025 |
Contact number | +91 8108622222, +91 22 40548002 |
Source: AMFI India – New fund offer: Motilal Oswal Multi Asset – Omni Fund of Funds
What has Motilal Oswal Mutual Fund launched?
This is an open-ended fund of funds. Open-ended means you can buy and sell units on any business day once the NFO ends. The scheme is managed, not passive, because the team chooses and changes the mix.
Its holdings come in three groups. Equity-oriented schemes, mainly Motilal Oswal funds and ETFs. Debt-oriented schemes from Motilal Oswal and other fund houses. And gold and silver ETFs, which hold the metals in exchange-traded form.
Some of these may be index funds, which copy an index instead of picking stocks. Up to 5% can sit in debt and money market instruments, including cash. SEBI rules bar a fund of funds from investing outside mutual fund schemes, except cash for redemptions.
How does the Motilal Oswal Multi Asset – Omni Fund of Funds strategy work?
Think of it as a basket of baskets. The managers pick the baskets, then adjust the mix over time.
Step | What happens? |
1 | You invest in the NFO at the Rs 10 NAV. |
2 | The managers set a mix across equity, debt, gold and silver within SID limits. |
3 | They pick the underlying funds and ETFs for each slice. |
4 | The scheme buys units of those funds. NFO money is deployed within 30 business days of allotment. |
5 | The managers review markets and shift the mix as their views change. |
6 | Your NAV follows the underlying units, less this scheme’s costs. |
Let’s understand through an example
Say you invest Rs 10,000 in the NFO. At a Rs 10 NAV, you receive about 1,000 units, slightly fewer after stamp duty.
The managers might spread it across an equity index fund, a short-term bond fund and a gold ETF. You hold one scheme, and they handle the rebalancing. This is an illustration, not the actual allocation.
Portfolio allocation of the Motilal Oswal Multi Asset – Omni Fund of Funds
Type of instrument | Minimum (%) | Maximum (%) |
Equity-oriented schemes, ETFs and index funds of Motilal Oswal MF | 10 | 80 |
Debt-oriented schemes, ETFs and index funds | 10 | 80 |
Gold and silver ETFs | 10 | 80 |
Debt and money market instruments, including cash | 0 | 5 |
Together, units of underlying funds and ETFs make up 95% to 100% of the scheme. The SID rules out derivatives, overseas securities, short selling and stock lending. Also read: Shriram Gold ETF Passive FOF NFO.
Investment strategy of this multi-asset fund of funds
The scheme picks funds, not shares or bonds. The managers study market conditions and the medium-term outlook for each asset type, then decide how much goes where.
Costs come in two layers. The scheme can charge up to 2.10% a year of daily net assets. You also bear the running costs of every underlying fund. This is called expense stacking.
Some money can sit in government securities, treasury bills, liquid funds or overnight funds to meet redemptions. Units are bought and sold at NAV, not on a stock exchange, and proceeds are due within 3 working days.
If the mix drifts outside its limits for reasons beyond the AMC’s control, it must be rebalanced within 30 business days.
Potential benefits of the Motilal Oswal Multi Asset – Omni Fund of Funds
Potential benefit | Why does it matter? |
Three asset types in one scheme | Equity, debt, gold and silver under one NAV. |
Managed mix | The managers adjust the split for you. |
Low entry point | Start with Rs 500, or a daily SIP of Rs 100. |
Flexible services | SIP, STP, SWP and switching are available. See our SWP advisors page. |
No NFO costs for you | The AMC, trustee or sponsor bears NFO expenses until allotment. |
Key points to know about the Motilal Oswal Multi Asset – Omni Fund of Funds NFO
Point | What does it mean? |
Two layers of cost | Up to 2.10% a year here, plus the expenses of each underlying fund. |
Exit load | Selling within 90 days of allotment costs 1%. |
The mix can change | Allocations move within limits, so holdings may differ from today’s list. |
One fund house | The equity slice is mainly Motilal Oswal schemes, so results lean on one AMC. |
NAV moves daily | Value rises and falls with shares, bonds, gold and silver. Nothing is assured. |
Who may consider this fund?
Investor type | Why it may fit |
Long-term goal holders | The objective is long-term growth, such as a child’s education around 2036 (our interpretation). |
Investors wanting one mixed scheme | Equity, debt and metals come in a single holding. |
Beginners and SIP investors | Entry starts at Rs 500, with daily to annual SIP options. |
Investors who prefer managers set the mix | The team decides and revises the split. |
Who may not find it suitable?
Investor type | Why it may not fit |
Short-term savers | NAV moves daily, and a 1% exit load applies within 90 days. |
Fixed-return seekers | The scheme gives no assured return. |
Pure equity or pure debt investors | The mix always includes at least 10% in each of three groups. |
Cost-sensitive investors | Costs stack across the scheme and its underlying funds. |
Motilal Oswal Multi Asset – Omni Fund of Funds compared with traditional options
Option | Risk | Return potential | Volatility | Liquidity | Horizon | Suits |
Fixed deposit | Low | Fixed rate | Very low | Early exit penalty | 1 to 5 years | Safety seekers |
Debt mutual fund | Low to medium | Moderate | Low | Redeem in days | 1 to 3 years | Income seekers |
Hybrid fund | Medium | Moderate to high | Medium | Redeem in days | 3 to 5 years | Balanced investors |
Equity mutual fund | High | High | High | Redeem in days | 5+ years | Growth seekers |
This fund | Mix-driven | Mix-driven | Mix-driven | 3 working days | Long term | Multi-asset seekers |
Motilal Oswal Multi Asset – Omni Fund of Funds Review by Zenith Finserve
The benchmark is 60% equity, 30% short-duration debt and 10% precious metals. Read that as a hint of the intended middle ground, not a promise. The SID lets each group range from 10% to 80%, so the real mix can look quite different.
That points to a long-term goal, perhaps seven to ten years away, with no need to withdraw soon. It can act as a single diversifier, but it adds a second cost layer and leans on Motilal Oswal schemes for equity.
Zenith Finserve does not recommend investing based on an NFO document. Check the fit against your goal, existing holdings, tax position and the final allocation.
How Zenith Finserve can help
At Zenith Finserve, we follow a process driven investment framework. We assess your goals, cash flows, risk profile, time horizon, existing investments, loans and tax situation before suggesting investments. We align our investment suggestions with your financial objectives and review them periodically to keep them suitable as your circumstances change.
Also read: guide to mutual funds in India, why financial advisors matter and about us.
Similar fund of funds NFOs on Zenith Finserve
- ICICI Prudential Dynamic Asset Allocation Passive FOF: also allocation-driven.
- Kotak Multi Sector Omni FOF: another omni fund of funds.
- Motilal Oswal Nifty Midcap150 Plus 8-13 yr G-sec Index Fund: same AMC, equity plus debt.
- WhiteOak Capital Diversified Equity Small Cap Active FOF: an equity-focused active FoF.
Frequently Asked Questions
1. What is the Motilal Oswal Multi Asset – Omni Fund of Funds NFO?
It is a new open-ended fund of funds from Motilal Oswal Mutual Fund investing in equity funds, debt funds and gold and silver ETFs.
2. Is the Motilal Oswal Multi Asset – Omni Fund of Funds NFO good to invest in?
That depends on your goal, horizon and existing holdings. This article does not recommend investing.
3. When does the NFO open and close?
It opens on 21-10-2026. The closing date is not available.
4. What is the minimum investment?
Rs 500 and in multiples of Re 1, with a daily SIP from Rs 100.
5. What does the fund invest in?
Units of equity-oriented, debt-oriented and gold and silver ETF schemes, plus up to 5% in debt and money market instruments.
6. What is the benchmark?
60% Nifty 500 TRI, 5% domestic gold, 5% domestic silver and 30% Nifty Short Duration Debt Index.
7. What is the exit load?
1% within 90 days of allotment, and nil after that.
8. What are the annual expenses?
Up to 2.10% of daily net assets, plus the expenses of the underlying funds.
9. Are units listed on a stock exchange?
No. You redeem with the AMC, and proceeds are due within 3 working days.
10. What is the difference between Regular and Direct plans?
Regular is for investing through a distributor. Direct is for investing straight with the fund house.
