Motilal Oswal Asset Allocation Fund of Fund- Conservative Direct Growth NAV today
AMFI: 148750ISIN: INF247L01AN8MUTF_IN: MOTI_OSWA_AAP_1XCB6ZOMotilal Oswal Mutual FundFund of Funds
Formerly Motilal Oswal Asset Allocation FOF- C
NAV ₹17.4332down ₹0.14 (0.80%)
NAV for 22 Oct 2026, against 21 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹75 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 0.07%15 Oct 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 430 Sep 2026
- Offer openedNew fund offer opened. The day the fund's new fund offer opened for investors to apply; units are allotted when it closes.
- 19 Feb 2021
Motilal Oswal Asset Allocation Fund of Fund- Conservative returns
Direct Growth plan
Over each window to 22 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). |
|---|---|
| 1 week | −1.26% |
| 1 month | −3.18% |
| 3 months | −2.77% |
| 6 months | −1.18% |
| 1 year | +1.78% |
| 3 years | +12.11% |
| 5 years | +9.36% |
| 10 years | Needs 10 years |
₹10,000 put in on 18 Mar 2021 is ₹17,575 at the NAV of 22 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). |
|---|---|
| 1 year | +6.19% |
| 3 years | +12.80% |
| 5 years | +10.11% |
| Since launch | +10.86% |
As the fund house states them for the month.
Return in each calendar year
- Fund, Direct GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
Highest year to Dec 2023, +16.2%; lowest year to Dec 2022, +2.3%
Motilal Oswal Asset Allocation Fund of Fund- Conservative SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 22 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,19,064₹1,19,058 after stamp duty | −1.51% | −1.52% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹4,04,302₹4,04,281 after stamp duty | +7.81% | +7.81% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹7,72,463₹7,72,425 after stamp duty | +10.14% | +10.14% | ₹30 | |
| Since Mar 202167 instalments | ₹6,70,000 | ₹8,88,572₹8,88,528 after stamp duty | +10.11% | +10.10% | ₹34 |
10 years: Needs 10 years of history.
Rolling returns
Per cent a year, every window from 18 Mar 2021 to 22 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year1,132 windows−1.9%+11.4%+23.2%97.9%
3 years641 windows+9.5%+12.9%+16.4%100.0%
5 yearsNeeds 6 years of history
Every 3-year window ended higher than it started.
Motilal Oswal Asset Allocation Fund of Fund- Conservative expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 0.51 ptsA year, on 15 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 0.07%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 0.58%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 0.08%, Aug 2026.Direct plan lowest 0.02%, Apr 2024.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.06% | 0.49% |
| Brokerage | None | None |
| Transaction costs | None | None |
| Statutory levies | 0.01% | 0.09% |
Per cent of assets a year, filed for 15 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
1% - If redeemed on or before 15 days from the date of allotment. Nil - If redeemed after 15 days from the date of allotment. Exit Load will be applicable on switch options amongst the Schemes of MOMF. No Load shall be imposed for switching between Options within the Scheme. Further, it is clarified that there will be no exit load charged on a switch-out from Regular to Direct plan within the same scheme.MoreLess
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹500
- Minimum top-up
- ₹500
- Minimum redemption
- ₹500
- SIP
- Accepted
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- None
As listed for this plan on 24 Oct 2026.
Motilal Oswal Asset Allocation Fund of Fund- Conservative AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹76 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 58.3%Of the quarter's average
- Less the house's funds of fundsAverage assets, excluding the house's funds of funds. The quarter's average assets less the money the same fund house's funds of funds hold in this fund, so that money is not counted twice.
- ₹0.00 CrQuarter to Sep 2026
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹81 Cr, quarter to Mar 2026.
Assets at each month end
Highest ₹85 Cr, Feb 2026.Lowest ₹41 Cr, Oct 2023.
Motilal Oswal Asset Allocation Fund of Fund- Conservative portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | |||
|---|---|---|---|---|
| Motilal Oswal Nifty 5 year Benchmark G-sec ETF | 51.57% | 38.57 | 59,57,350 | Mar 2021or earlier |
| Motilal Oswal Nifty 500 Index Fund | 26.97% | 20.17 | 78,14,819 | Mar 2021or earlier |
| Motilal Oswal Gold ETF | 10.66% | 7.98 | 5,48,544 | Sep 2025 |
| Motilal Oswal S&P 500 Index Fund | 10.49% | 7.84 | 23,17,993 | Mar 2021or earlier |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| Triparty Repo | 0.35% | 0.26 |
| Net Receivables / (Payables) | −0.04% | −0.02 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 51.57%Motilal Oswal Nifty 5 year Benchmark G-sec ETF
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 99.69%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 99.69%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 2.8Taken over 99.69% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Units of other funds99.69%
- Cash and receivables0.31%
Per cent of the fund's net assets.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 0
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 0
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 3
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 0
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 1
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 0.00%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 1.47%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| Motilal Oswal Nifty 5 year Benchmark G-sec ETF | Added | 51.57% | 50.34% | +1.23 pts | +54,500 |
| Motilal Oswal Nifty 500 Index Fund | Added | 26.97% | 27.90% | −0.93 pts | +49,614 |
| Motilal Oswal Gold ETF | Added | 10.66% | 10.91% | −0.25 pts | +3,000 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Motilal Oswal Nifty 5 year Benchmark G-sec ETF | 47.29%Added | 45.59%Added | 46.97%Added | 50.04%Added | 50.94%Added | 52.95%Cut | 51.30%Added | 50.22%Cut | 51.35%Added | 51.21%Added | 50.34%Added | 51.57%Added |
| Motilal Oswal Nifty 500 Index Fund | 28.72%Added | 27.88%Added | 28.77%Added | 28.98%Added | 29.08%Added | 26.32%Cut | 27.88%Added | 27.16%Cut | 27.79%Added | 28.16%Added | 27.90%Added | 26.97%Added |
| Motilal Oswal Gold ETF | 14.06%Added | 14.12%Added | 15.39%Added | 12.10%Cut | 11.58%Added | 11.18%Cut | 10.92%Added | 11.21%Cut | 10.11%Added | 10.11%Added | 10.91%Added | 10.66%Added |
| Motilal Oswal S&P 500 Index Fund | 9.24% | 8.86% | 8.44% | 8.12% | 7.83% | 9.09% | 9.62% | 10.63% | 10.35% | 10.17% | 10.25% | 10.49% |
| ICICI Prudential Gold ETF | Sold out | – | – | – | – | – | – | – | – | – | – | – |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Portfolio turnover
- Year to Mar 2026Portfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it.
- 0.0%
Risk ratios
NAV to 22 Oct 2026
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.6.20%
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.3.58%
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.1.04
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.1.57
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1 and 3 years | −6.46% | 5 Feb 2026 | 23 Mar 2026 | 16 Jun 2026 |
| 5 years and since Mar 2021 | −8.16% | 5 Apr 2022 | 17 Jun 2022 | 17 Aug 2022 |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Mar 2025 to Aug 202618 months | High | Very High30% Nifty 500 TRI + 10% S&P 500 TRI (INR) + 10% Domestic Price of Gold + 50% Nifty 5 Yr Benchmark G-Sec Index |
| Feb 20251 month | High | Nifty 5yr Benchmark G-Sec Index(50.00), NIFTY 500 TRI(30.00), Domestic Price of Gold(10.00), S&P 500 TRI(10.00) |
| Dec 2022 to Jan 202526 months | High | HighNifty 5yr Benchmark G-Sec Index(50.00), NIFTY 500 TRI(30.00), Domestic Price of Gold(10.00), S&P 500 TRI(10.00) |
| Feb 2022 to Nov 202210 months | High | Nifty 5yr Benchmark G-Sec Index(50.00), NIFTY 500 TRI(30.00), Domestic Price of Gold(10.00), S&P 500 TRI(10.00) |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Motilal Oswal Asset Allocation Fund of Fund- Conservative fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Rouhak ShahFor Equity including overseas Index/ETFs & Gold passive funds | Aug 2022 | +11.70%a year | – | – | 1.7% | 1.2% | 2 | ₹226 Cr |
| Rakesh ShettyDebt Component | Nov 2022 | +12.09%a year | – | – | 2.4% | 1.7% | 39 | ₹85,523 Cr₹4,586 Cr alone |
Returns are the direct plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| Motilal Oswal Multi Asset Passive Fund of FundRouhak Shah | Aug 2022 | +12.74%a year | – | – | ₹151 Cr |
| Motilal Oswal Large and Midcap FundRakesh Shetty | Nov 2022 | +22.60%a year | +13.07% | +9.54 pts | ₹19,832 Cr |
| Motilal Oswal Flexi cap FundRakesh Shetty | Nov 2022 | +17.30%a year | +10.75% | +6.55 pts | ₹13,446 Cr |
| Motilal Oswal Small Cap FundRakesh Shetty | Dec 2023 | +21.01%a year | +9.14% | +11.87 pts | ₹8,298 Cr |
| Motilal Oswal Nasdaq 100 Fund of FundRakesh Shetty | Nov 2022 | +36.12%a year | – | – | ₹8,032 Cr |
| Motilal Oswal Nifty India Defence Index FundRakesh Shetty | Jul 2024 | +5.24%a year | +5.82% | −0.59 pts | ₹5,434 Cr |
| Motilal Oswal ELSS Tax Saver FundRakesh Shetty | Nov 2022 | +21.03%a year | +10.75% | +10.28 pts | ₹4,890 Cr |
| Motilal Oswal Multi Cap FundRakesh Shetty | Jun 2024 | +18.09%a year | +1.54% | +16.55 pts | ₹4,601 Cr |
| Motilal Oswal S&P 500 Index FundRakesh Shetty | Nov 2022 | +23.60%a year | – | – | ₹4,584 Cr |
| Motilal Oswal Large CapRakesh Shetty | Feb 2023 | – | – | – | ₹2,925 Cr |
Up to ten funds a manager, largest first. Returns are the direct plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| Motilal Oswal 5 Year G-Sec Fund Of FundMotilal Oswal Mutual Fund | 51.57% | 1 |
| Motilal Oswal Multi Asset Passive Fund of FundMotilal Oswal Mutual Fund | 22.22% | 2 |
| Motilal Oswal Gold and Silver Passive Fund of FundsMotilal Oswal Mutual Fund | 10.66% | 1 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Changes to the fund
Newest first.
2026
- 30 JunBenchmarkBenchmark: Nifty 500 TRI to 30% Nifty 500 TRI + 10% S&P 500 TRI (INR) + 10% Domestic Price of Gold + 50% Nifty 5 Yr Benchmark G-Sec Index
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
2025
- 30 AprBenchmarkBenchmark: Nifty 5yr Benchmark G-Sec Index(50.00), NIFTY 500 TRI(30.00), Domestic Price of Gold(10.00), S&P 500 TRI(10.00) to Nifty 500 TRI
Fund details
Objective
To generate long term growth/capital appreciation by offering asset allocation investment solution that predominantly invests in passive funds such as ETF/Index Funds of equity and equity related instruments (domestic as well as international), fixed income and Gold
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- 30% Nifty 500 TRI + 10% S&P 500 TRI (INR) + 10% Domestic Price of Gold + 50% Nifty 5 Yr Benchmark G-Sec Index
- New fund offer
- 19 Feb 2021 to 5 Mar 2021
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹10,00,00,000
Plans and codes
| Plan | AMFI code | ISIN | MUTF_IN | First NAV |
|---|---|---|---|---|
| Direct Growth | 148750 | INF247L01AN8 | MOTI_OSWA_AAP_1XCB6ZO | 18 Mar 2021 |
| Regular Growth | 148749 | INF247L01AO6 | MOTI_OSWA_AAP_Q6292X | 18 Mar 2021 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- Factsheet september 2026 passive (opens in a new tab)Motilal Oswal Mutual Fund, Sep 2026
- Factsheet September 2026 active (opens in a new tab)Motilal Oswal Mutual Fund, Sep 2026
Statement of additional information
- SAI Motilal Oswal Mutual Fund (opens in a new tab)Motilal Oswal Mutual Fund, Oct 2026
Annual report
- Motilal mf index fund ar 2025-26 (opens in a new tab)Motilal Oswal Mutual Fund, Mar 2026
- Motilal mf equity fund ar 2025-26 (opens in a new tab)Motilal Oswal Mutual Fund, Mar 2026
- Motilal mf debt fund ar 2025-26 (opens in a new tab)Motilal Oswal Mutual Fund, Mar 2026
- Motilal mf etf fund ar 2025-26 (opens in a new tab)Motilal Oswal Mutual Fund, Mar 2026
Riskometer disclosure
- Riskometer Output July 2026 Portfolio Motilal Oswal Mutual Fund (opens in a new tab)Motilal Oswal Mutual Fund, Jul 2026
Portfolio overlap disclosure
- Portfolio overlap data as on september 30,2026 (opens in a new tab)Motilal Oswal Mutual Fund, Sep 2026