December 18, 2025
RA Jainee
Motilal Oswal Diversified Equity Flexicap Passive FoF Direct-Growth
Motilal Oswal Diversified Equity Flexicap Passive FoF Direct-Growth snapshot
| NFO opens on | 02 January 2026 |
| NFO Closes on | 15 January 2026 |
| Min. Investment | Rs. 500 |
| Plans | Growth |
| Sahifund Verdict | Motilal Oswal Diversified Equity Flexicap Passive FoF Direct-Growth is a passive equity Fund of Funds offering diversified exposure across large-, mid- and small-cap stocks through ETFs and index funds. By tracking the NIFTY 500 TRI, it provides broad market participation with minimal stock-selection bias. While the passive structure ensures transparency and diversification, the high equity risk and FoF layering make it suitable mainly for long-term investors. Being an NFO, it does not offer any cost or return advantage over existing NIFTY 500 index funds. |
⏱️ Last Update: 20 December 2025, 10.00 AM
Table of Contents:
1. NFO Open date, Close date
2. NFO Investment Strategy
3. Basic Details NFO
4. Benchmark Index NFO
5. Fund Manager | Performance Review of Fund Manager
6. Should You Invest in this NFO?
7. Invest Online
What is the Motilal Oswal Diversified Equity Flexicap Passive FoF Direct-Growth Open Date, Close Date?
NFO opens on January 02, 2026
NFO will close on January 15, 2026
Investment Strategy for this NFO?
The scheme seeks to generate long term growth/capital appreciation by predominantly investing in passive funds such as ETFs/Index Funds of equity and equity related instruments that offers diversified exposure across all market capitalization segments.
Basic Details
| Fund House | Motilal Oswal Mutual Fund |
| Issue Open | 02 January 2026 |
| Issue Close | 15 January 2026 |
| Type | Open-ended |
| Category | Equity: Flexi Cap |
| Min. Investment(₹) | 500 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 15 days |
| Riskometer | High |
| Benchmark | NIFTY 500 TRI |
About Benchmark Index for this NFO?
The Nifty 500 index represents top 500 companies selected based on full market capitalization from the eligible universe.
Nifty 500 Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base period. Nifty 500 can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variants: Nifty 500 Total Returns Index, Nifty500 Industry Indices
Portfolio Characteristics
| Methodology | Free Float Market Capitalization |
| No. of Constituents | 501 |
| Launch Date | |
| Base Date | January 01, 1995 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of Motilal Oswal Diversified Equity Flexicap Passive FoF Direct-Growth
1) Swapnil P Mayekar
Education: Mr. Mayekar is an M.Com from Mumbai University and also holds an Advanced Diploma in Business Administration from Welingkar, Mumbai.
Experience: Prior to joining Motilal Oswal AMC he worked with Business Standard Limited from Aug 2005 to Feb 2010.
2) Rakesh Shetty
Education: Mr. Shetty has done B.Com
Experience: Prior to joining Motilal Oswal Mutual Fund, he has worked with Company engaged in Capital Market Business wherein he was in charge of equity and debt ETFs, customized indices and has also been part of product development.
AMC
Motilal Oswal Asset Management Company Ltd.
Address: Motilal Oswal Towers – 10th Floor, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai – 400025
Website: http://www.motilaloswalmf.com
Registrar & Transfer Agent
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: https://mfs.kfintech.com/mfs/
Review for Motilal Oswal Diversified Equity Flexicap Passive FoF Direct-Growth @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of NIFTY 500 TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 5.27 | 6.96 | 5.49 | 17.43 | 10.81 |
| Total Return | 5.41 | 8.04 | 6.56 | 18.63 | 12.50 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 13.40 | 14.42 | 22.07 |
| Beta (NIFTY 50) | 1.05 | 0.99 | 0.94 |
| Correlation (NIFTY 50) | 0.95 | 0.97 | 0.95 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 24.45 | 3.71 | 1.15 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| HDFC Bank Ltd. | 7.66 |
| Reliance Industries Ltd. | 5.28 |
| ICICI Bank Ltd. | 4.94 |
| Bharti Airtel Ltd. | 2.85 |
| Infosys Ltd. | 2.80 |
| Larsen & Toubro Ltd. | 2.38 |
| State Bank of India | 2.02 |
| ITC Ltd. | 1.94 |
| Axis Bank Ltd. | 1.83 |
| Mahindra & Mahindra Ltd. | 1.66 |
Past Performance of Swapnil P Mayekar
| Fund | Motilal Oswal Nasdaq 100 FOF | It’s Benchmark | Motilal Oswal Nifty 50 ETF | It’s Benchmark |
| 1 Year | 9.28 | 2.73 | 7.38 | 5.78 |
| 3 Year | 36.44 | 15.33 | 13.43 | 14.66 |
| 5 Year | 20.12 | 16.82 | 14.71 | 15.76 |
| 7 Year | 25.43 | 15.65 | 14.28 | 14.92 |
| 10 Year | — | — | 13.53 | 14.45 |
As on 18-12-2025
Past Performance of Rakesh Shetty
| Fund | Motilal Oswal 5 Year G-Sec FoF | It’s Benchmark | Motilal Oswal Balanced Advantage Fund | It’s Benchmark |
| 1 Year | 7.73 | 5.00 | -7.11 | 3.87 |
| 3 Year | 7.55 | 8.02 | 9.93 | 12.68 |
| 5 Year | — | — | 7.90 | 12.83 |
| 7 Year | — | — | 8.69 | 12.27 |
| 10 Year | — | — | — | — |
As on 18-12-2025
[B] Review of Fund Managers
Swapnil P Mayekar
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Background: Mr. Mayekar is an M.Com from Mumbai University and also holds an Advanced Diploma in Business Administration from Welingkar, Mumbai., Prior to joining Motilal Oswal AMC he worked with Business Standard Limited from Aug 2005 to Feb 2010.
Rakesh Shetty
-
Background: Mr. Shetty has done B.Com., Prior to joining Motilal Oswal Mutual Fund, he has worked with Company engaged in Capital Market Business wherein he was in charge of equity and debt ETFs, customized indices and has also been part of product development.
Sahifund Verdict:
Motilal Oswal Diversified Equity Flexicap Passive FoF Direct-Growth aims to deliver long-term capital appreciation by investing predominantly in passive equity instruments such as ETFs and index funds spanning all market capitalisations. The fund tracks the NIFTY 500 TRI, which represents India’s top 500 companies and offers true broad-based market exposure. As a passive FoF, it removes active stock-picking risk but introduces an additional expense layer compared to a plain index fund.
The scheme carries a high-risk profile, making it suitable only for investors with a long investment horizon and strong volatility tolerance. The fund management team has experience in managing ETF and index-linked products, which adds execution comfort. However, investors should note that similar exposure can be obtained more cost-effectively through direct NIFTY 500 index funds or ETFs.
Overall, this NFO works as a simplicity-driven diversification tool, but it lacks a clear differentiation. Long-term SIP investors may consider it, though seasoned investors may prefer established low-cost index alternatives.
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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