Motilal Oswal Mutual Fund launches ‘Motilal Oswal Innovation Opportunities Fund’
- NFO opens on 29th January and closes on 12th February, 2025
Mumbai, 29th January 2025: Motilal Oswal Mutual Fund (‘MOMF’) has announced the launch of its latest new fund offer (NFO), ‘Motilal Oswal Innovation Opportunities Fund’. The new fund by MOMF is an open-ended equity scheme following innovation theme.
Key Fund Details:
NFO Period: 29th January 2025 to 12th February 2025
Investment Objective: To achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies that will benefit from the adoption of innovative strategies or following the innovation theme. However, there can be no assurance that the investment objective of the scheme will be realized.
Benchmark: Nifty 500 Total Return Index Portfolio Strategy: The fund is market cap agnostic and will invest in upto *~35 stocks with High Active Share and High Conviction
*~As per current FM Strategy
Investor Profile: The fund is suitable for investors who are seeking capital appreciation over long-term by investing predominantly in equity or equity related investments of companies that will benefit from adoption of innovative strategies or following the innovation theme.
Motilal Oswal Innovation Opportunities Fund adopts a forward-thinking approach, identifying unique opportunities and capitalizing emerging trends ahead of the market curve. The Fund utilizes a bottom-up investment strategy, with the portfolio positioned as ''Anti-Fragile,'' designed to withstand and potentially benefit from market volatility and disruption. It focuses on investing in disruptive companies driven by innovation, with a concentrated portfolio of approximately 35 high-conviction stocks.
Prateek Agrawal, MD & CEO, Motilal Oswal Asset Management Company Ltd (MOAMC), said “India is making remarkable strides in innovation, climbing from **66th position in 2013 to 39th in 2024 on the Global Innovation Index and securing #3rd place in the Global Unicorn Index. This progress is driven by developments in digital transformation, a thriving start-up ecosystem, the adoption of green energy, and government schemes such as PLI and Make in India. We believe that with the right demographics and changing consumer needs driven by convenience and high disposable income, India is poised to reach the cusp of innovation, unlocking investment opportunities in disruptive and innovative companies.”
Niket Shah, Chief investment Officer, Motilal Oswal Mutual Fund, said, “Our innovation fund is designed for investors seeking exposure to transformative opportunities in India''s growth story. It aims to capitalize on opportunities or challenges faced by companies, sectors, or the economy, aiming to leverage temporary disruptions driven by our strong research expertise. It will follow a disciplined investment approach based on our Quality, Growth, Longevity, and Price (‘QGLP’) philosophy, prioritizing a minimum threshold set for ROCE/ROE to ensure sustainable growth by investing in themes identified by investment team collectively. Currently, the fund will have 65% representation in house themes, 25% allocation outside house themes, and a 10% provision for risk mitigation.”
The Fund will be managed by Mr. Niket Shah (Chief Investment Officer, Fund Manager), Mr. Atul Mehra (Fund Manager), Mr. Rakesh Shetty (Fund Manager Debt Component) and Mr. Sunil Sawant (Fund Manager - Overseas Component).
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Product labelling assigned during the NFO is based on internal assessment of the scheme characteristics or model portfolio and the same may vary post NFO when the actual investments are made.
For scheme-specific risk factors, please refer to the Scheme Information Document (SID) of the fund at: https://www.motilaloswalmf.com/CMS/assets/uploads/Documents/089e8-1.-annexure-i_sid-motilal-oswal-innovation-opportunities-fund-final-repaired-.pdf.
Source:
**WIPO, https://www.wipo.int/gii-ranking/en/.
#Current Affairs., Global Unicorn Index. https://visionias.in/current-affairs/monthly-magazine/2024-05-21/economics-(indian-economy)/global-unicorn-index-2024
, MOIE, MOAMC Internal
About Motilal Oswal Asset Management Company:
Motilal Oswal Group possesses a legacy in equities for over 3 decades. Motilal Oswal Asset Management Company Ltd. (MOAMC) is registered with SEBI as the Investment Manager for Motilal Oswal Mutual Fund. It was incorporated on November 14, 2008. It provides Investment Management and Advisory Services to investors based within and outside India and has Mutual Funds, AIFs and Portfolio Management Services business.
Disclaimer:
This release has been issued on the basis of internal data, publicly available information and other sources believed to be reliable. The information contained in this document is for general purposes only and not a complete disclosure of every material fact. The Stocks (if any) mentioned herein is for explaining the concept and shall not be construed as an investment advice to any party. The information / data herein alone is not sufficient and shouldn’t be used for the development or implementation of an investment strategy. It should not be construed as investment advice to any party. All opinions, figures, estimates and data included in this article are as on date. The article does not warrant the completeness or accuracy of the information and disclaims all liabilities, losses and damages arising out of the use of this information. The statements contained herein may include statements of future expectations and other forward-looking statements that are based on our current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Investments in securities market are subject to market risks, read all relevant documents carefully. The Scheme focuses on equity of companies benefiting from innovation, which may not always meet expectations, affecting portfolio performance. Being thematic, it carries high concentration and capital loss risk, with unpredictable market cycles. Portfolio of the scheme is subject to change within the provision of the Scheme Information document of the Scheme. The Investment approach/Framework/Strategy mentioned herein is currently followed by the schemes(s) and the same may change in future depending on market conditions. Readers shall be fully responsible/liable for any decision taken on the basis of this article.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
For further details contact:
Rohini Kute
Head, Corporate Communication,
Motilal Oswal Financial Services
Mobile: 9820196838
Mail: rohini.kute@motilaloswal.com