Motilal Oswal Mutual Fund has launched a new Open Ended Growth scheme named "Motilal Oswal Multi Factor Passive Fund of Funds" with maturity period of 0 days from the launch date.
The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Feb 20 to Mar 06, 2026.
According to the offer document filed with SEBI, the entry load is Nil and exit load is 1.
The minimum application amount is Rs 500.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth.
The fund manager of the scheme will be Swapnil Mayekar, while the performance of the scheme will be benchmarked against NIfty 500 Total Return.
The investment objective of the scheme is to generate returns by offering multi factor investment solution that predominantly invests in units of passively managed factor-based ETFs and/or Index Funds. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.