Motilal Oswal Mutual Fund Launched Multi Cap Fund

31 May 20246 mins read by Angel One

In the following article we shed light on the NFO's objectives, fund allocation, fund managers, and peer performance.

Motilal Oswal Mutual Fund Launched Multi Cap Fund

Motilal Oswal Mutual Fund has launched a new open-ended equity multi-cap fund named “Motilal Oswal Multi Cap Fund”. This fund aims for long-term capital appreciation by investing in a mix of large, mid, and small-cap companies through equity and equity-related instruments. The New Fund Offer (NFO) is open for subscription starting today, May 28th, 2024, and will close on June 11th, 2024. There is a minimum investment of Rs 500 and an exit load of 1% if redeemed within 15 days from allotment, but no exit load after that.

Investment Objective

The primary objective of the Motilal Oswal multi-cap fund 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.

This NFO of Motilal Oswal multi-cap fund is suitable for investors seeking long-term capital growth and investments in equity and equity-related instruments across large-cap, mid-cap, and small-cap stocks.

Risk-o-meter:

Funds Allocation

Types of Instruments	Risk Profile	Minimum Allocation (% of Net Assets)	Maximum Allocation (% of Net Assets)
Equity and Equity related instruments as follows: Equity & Equity related instruments of Large Cap companies Equity & Equity-related instruments of Mid Cap companies Equity & Equity related instruments of Small Cap companies	Very High	75 25 25 25	100 50 50 50
Debt and Money Market instruments (including cash and cash equivalents), Liquid and Debt Schemes of Mutual Fund.	Low to Moderate	0	25
Units issued by REITs and InvITs	Very High	0	10

Benchmark

The performance of the Motilal Oswal multi-cap fund is benchmarked against Nifty 500 Multicap 50:25:25 Index TR.

Fund Managers

Ajay Khandelwal

Ajay Khandelwal, aged 44, is a seasoned fund manager with 13 years of experience in fund management and research. He holds a CFA Level 3 certification, a PGDM (MBA) from TAPMI, Manipal, and a B.E. in Electrical Engineering from MITS, Gwalior. Before joining Motilal Oswal Asset Management Company Limited, he worked with Canara Robeco Asset Management Company Limited, handling their Small Cap Fund.

Niket Shah

Niket Shah, aged 37, is an experienced finance professional with a Masters in Business Administration (MBA – Finance) and 13 years of overall experience. He currently serves as Vice President – Associate Fund Manager at Motilal Oswal Asset Management Company Ltd. His previous roles include Head of Midcaps Research at Motilal Oswal Securities Ltd., Research Analyst at Edelweiss Securities Ltd., and Associate Research Analyst at Religare Capital Markets Ltd.

Santosh Singh

Santosh Singh, aged 44, is a Chartered Accountant (CA) and a CFA charterholder with over 15 years of experience. He is currently associated with the Motilal Oswal Balanced Advantage Fund. Previously, he was Head of Research and Lead Analyst at Haitong International Securities Ltd. from 2015 to 2018. He also worked as an analyst at SG Asia Holdings and as Lead Analyst at Espirito Santo Securities. Notably, he was ranked the No. 1 analyst in India for the insurance sector in the Asia Money polls from 2015 to 2017.

Atul Mehra

Atul Mehra, aged 35, is a CFA Charterholder with a Masters in Commerce from Mumbai University and a Bachelor’s in Commerce from HR College of Commerce and Economics. He brings over 15 years of overall experience to his role, demonstrating significant expertise in the financial sector.

Rakesh Shetty

Rakesh Shetty, aged 42, holds a Bachelor’s degree in Commerce and serves as Fund Manager for several funds at Motilal Oswal, including the Ultra Short Term Fund, 5 Year G-Sec Fund of Fund, Liquid Fund, Nifty 5 Year Benchmark G-Sec ETF, and Gold and Silver ETFs Fund of Fund. With more than 14 years of experience, he has a strong equity and debt trading, ETF management, and corporate treasury background.

Ankush Sood

Ankush Sood, aged 25, is the Fund Manager for Foreign Securities at Motilal Oswal. He holds a B.Tech in Electronics & Telecommunications from MPSTME, NMIMS Mumbai, and an MBA (Tech) with a major in Finance and a minor in Analytics from SBM, NMIMS Mumbai. His prior experience is primarily in Institutional Sales Trading Function.

Peer Mutual Fund Schemes

Scheme Name	Launch Date	AUM (Crore)	Expense Ratio (%)	Returns as on – 27-05-2024 in %
Scheme Name	Launch Date	AUM (Crore)	Expense Ratio (%)	2024	2023	2022	2021	2020
Equity: Multi Cap	–	–	–	13.47	32.77	3.94	42.67	15.41
NIFTY500 MULTICAP 50:25:25 TRI	–	–	–	11.9	33.74	2.84	40.62	21.19
Nippon India Multi Cap	25-03-2005	30500.56	1.61	18.52	38.13	14.12	48.91	0.04
SBI Multicap Fund	05-03-2022	15791.68	1.72	10.69	22.48	–	–	–
HDFC Multi Cap	07-12-2021	13424.86	1.69	12.32	40.19	9.61	–	–
ICICI Pru Multi	01-10-1994	11881.69	1.76	13.29	35.38	4.65	36.38	9.21
Kotak Multicap Fund	29-09-2021	11090.22	1.69	15.49	39.77	9.92	–	–
Quant Active Fund	21-03-2001	9790.63	1.72	19.43	24.88	10.44	55.64	43.55

Data as of May 27, 2024

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.