Motilal Oswal Multi Asset Passive Fund of Fund

Direct and Regular plans

Data as on 29-10-2026

Motilal Oswal Multi Asset Passive Fund of Fund is a mutual fund run by Motilal Oswal Mutual Fund. On 30-09-2026, it managed ₹151 Cr of investors' money. In the 3 years to 29-10-2026, its Direct plan returned 13.2% a year and its Regular plan returned 12.7% a year.

NAV (Direct plan): ₹18.54; ▲ 0.12%29-10-2026
NAV (Regular plan): ₹18.00; ▲ 0.11%29-10-2026
Expense ratio: 0.29%Direct0.76%Regular; 0.29%; A year
Riskometer: Not available; Set by the fund house
3 year return: 13.2%Direct12.7%Regular; 13.2%; A year

Motilal Oswal Multi Asset Passive Fund of Fund NAV Today

NAV on 29-10-2026: Direct Plan ₹18.54 (up 0.12% that day); Regular Plan ₹18.00 (up 0.11% that day).

This fund (Direct plan)

₹18.5364

Motilal Oswal Multi Asset Passive Fund of Fund Returns

Returns as on 29-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−3.51%	−6.54%	−5.98%	−4.05%	+13.22%	+9.96%	--
This fund (Regular)	−3.55%	−6.68%	−6.24%	−4.51%	+12.68%	+9.40%	--
Category average	--	--	--	--	--	--	--
Best in category	--	--	--	--	--	--	--
Worst in category	--	--	--	--	--	--	--
Rank in category	--	--	--	--	--	--	--

No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds. The fund house names no benchmark we can show.

Motilal Oswal Multi Asset Passive Fund of Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	−5.70%	−6.08%
2025	+17.09%	+16.55%
2024	+16.93%	+16.38%
2023	+21.84%	+21.17%
2022	+1.67%	+1.08%

Motilal Oswal Multi Asset Passive Fund of Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 646 periods, one for each trading day from 18-03-2024 to 29-10-2026.

0%5%10%15%20%

Jun 2021
to
Jun 2024Nov 2021
to
Nov 2024Apr 2022
to
Apr 2025Oct 2022
to
Oct 2025Mar 2023
to
Mar 2026Aug 2023
to
Aug 2026

Motilal Oswal Multi Asset Passive Fund of Fund (Direct)

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss
1 year	1,137	12.7%	−4.9%	32.7%	5%
2 years	889	16.1%	4.2%	24.8%	0%
3 years	646	15.3%	10.6%	19.9%	0%
5 years	153	13.1%	9.5%	14.5%	0%

Period	Periods	Median	Lowest	Highest	With a loss
1 year	56	11.7%	−10.1%	32.3%	9%
2 years	44	14.8%	3.6%	26.8%	0%
3 years	32	17.1%	7.8%	21.4%	0%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. Past returns do not promise future returns.

Motilal Oswal Multi Asset Passive Fund of Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Motilal Oswal Multi Asset Passive Fund of Fund (Direct)This fund
Return (CAGR)	−4.05%
Standard deviation	10.44%
Sharpe ratio	-0.89
Sortino ratio	-1.17
Maximum drawdown	−9.9% (23-10-2026)

From daily NAVs, 29-10-2025 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Motilal Oswal Multi Asset Passive Fund of Fund (Direct)This fund
Return (CAGR)	+13.22%
Standard deviation	9.13%
Sharpe ratio	0.79
Sortino ratio	1.08
Maximum drawdown	−9.9% (23-10-2026)

From daily NAVs, 27-10-2023 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Motilal Oswal Multi Asset Passive Fund of Fund (Direct)This fund
Return (CAGR)	+9.96%
Standard deviation	9.34%
Sharpe ratio	0.45
Sortino ratio	0.61
Maximum drawdown	−12.4% (20-06-2022)

From daily NAVs, 29-10-2021 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Motilal Oswal Multi Asset Passive Fund of Fund (Direct)This fund
Return (CAGR)	+11.90%
Standard deviation	9.19%
Sharpe ratio	0.69
Sortino ratio	0.96
Maximum drawdown	−12.4% (20-06-2022)

From daily NAVs, 18-03-2021 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−15%−10%−5%0%

20222023202420252026

Motilal Oswal Multi Asset Passive Fund of Fund (Direct)

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Motilal Oswal Multi Asset Passive Fund of Fund (Direct)	−12.4%	17-01-2022	20-06-2022	17-08-2022	58 days	−8.6%

From the Direct plan's daily NAV since 18-03-2021, adjusted for unit splits. "Time to climb back" runs from the bottom to the first day back at the old high.

Motilal Oswal Multi Asset Passive Fund of Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio
Direct	0.09%	0.09%	0.02%	0.09%	0.29%
Regular	0.50%	0.09%	0.02%	0.15%	0.76%

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	−4.51%	−4.05%	0.46%	₹95,490	₹95,950
3 years	12.68%	13.22%	0.54% a year	₹1,43,067	₹1,45,134
5 years	9.40%	9.96%	0.56% a year	₹1,56,706	₹1,60,758

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Motilal Oswal Multi Asset Passive Fund of Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 18-03-2021 to 29-10-2026: 68 instalments, ₹6,80,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planMotilal Oswal Multi Asset Passive Fund of Fund (Direct)	₹6,80,000	₹9,07,389	₹2,27,389	10.1%

₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L₹10.0 L

20222023202420252026

Direct planMotilal Oswal Multi Asset Passive Fund of Fund (Direct)Amount invested

From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

Motilal Oswal Multi Asset Passive Fund of Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

100.0%Cash and others

Asset	Fund
Cash and others	100.0%

Motilal Oswal Multi Asset Passive Fund of Fund Portfolio Holdings

As on 30-09-2026 · 12 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%
Motilal Oswal Gold ETF		14.48%
Motilal Oswal Nifty 50 ETF		12.20%
Motilal Oswal Silver ETF		11.93%
Motilal Oswal Nifty 5 Year Benchmark G-sec ETF-Gr		11.56%
Motilal Oswal Nifty Smallcap 250 ETF		11.36%
Motilal Oswal BSE Low Volatility ETF		10.07%
Motilal Oswal Nifty 500 Momentum 50 ETF		7.64%
MOTILAL OSWAL NIFTY NEXT 50 ETF		7.52%
ICICI Prudential Nifty 10 yr Benchmark G-sec ETF		5.06%
Motilal Oswal Nifty Midcap 100 ETF		3.44%
Motilal Oswal BSE Quality ETF		2.81%
Motilal Oswal BSE Enhanced Value ETF		1.45%

Motilal Oswal Multi Asset Passive Fund of Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Motilal Oswal Gold and Silver Passive Fund of FundsFund of Funds · Motilal Oswal	26.4%	2	Compare
Motilal Oswal Multi Factor Passive Fund of FundsFund of Funds · Motilal Oswal	22.0%	4	Compare
Motilal Oswal 5 Year G-Sec Fund of FundFund of Funds · Motilal Oswal	11.6%	1	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Motilal Oswal Multi Asset Passive Fund of Fund Overview

Fund facts from the scheme summary document

Expense ratio (Direct): 0.29%
Expense ratio (Regular): 0.76%
Category: Not available
Risk: Not available
Benchmark: Not available
Launch date: Not available
Minimum investment: Not available
Minimum additional investment: Not available
AUM: ₹151.41 Cr (30-09-2026)
Lock in: Not available
Scheme code (Direct): 148747
ISIN (Direct): INF247L01AL2
Scheme code (Regular): 148748
ISIN (Regular): INF247L01AM0
NAV history: From 18-03-2021, 5.6 years

Exit load: Not available

Tax on Motilal Oswal Multi Asset Passive Fund of Fund returns

How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct		₹18.5364	29-10-2026
regular		₹18.0019	29-10-2026

About Motilal Oswal Multi Asset Passive Fund of Fund

Motilal Oswal Multi Asset Passive Fund of Fund is a mutual fund from Motilal Oswal Mutual Fund. At the end of September 2026 it held 12 securities.

Fund Manager

Not available

See all funds of Motilal Oswal Mutual Fund

AUM change

September 2026: ₹151.41 Cr; −5.51% from August 2026
August 2026: ₹160.24 Cr; −0.93% from June 2026
June 2026: ₹161.75 Cr; First month on file

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Motilal Oswal Multi Asset Passive Fund of Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Compare with any other fund

Frequently Asked Questions for Motilal Oswal Multi Asset Passive Fund of Fund

What is the current NAV of Motilal Oswal Multi Asset Passive Fund of Fund?

The Direct plan NAV is ₹18.5364. The Regular plan NAV is ₹18.0019, as on 29-10-2026.

What are the returns of Motilal Oswal Multi Asset Passive Fund of Fund?

The Direct plan returned −4.05% in 1 year, +13.22% a year over 3 years, +9.96% a year over 5 years. The Regular plan returned −4.51% in 1 year, +12.68% a year over 3 years, +9.40% a year over 5 years. These figures are as on 29-10-2026.

What is the expense ratio of Motilal Oswal Multi Asset Passive Fund of Fund?

The Direct plan charges 0.29% a year. The Regular plan charges 0.76% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.

What is the AUM of Motilal Oswal Multi Asset Passive Fund of Fund?

Motilal Oswal Multi Asset Passive Fund of Fund managed ₹151.41 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Motilal Oswal Multi Asset Passive Fund of Fund?

At the end of September 2026 the largest holdings were MOGOLD (14.48%), MOM50 (12.20%), MOSILVER (11.93%), MOGSEC (11.56%), MOSMALL250 (11.36%). The fund held 12 securities in all.

How do I invest in Motilal Oswal Multi Asset Passive Fund of Fund?

Through Motilal Oswal Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. You can invest once or through a monthly SIP.

What is the difference between the Direct and Regular plan of Motilal Oswal Multi Asset Passive Fund of Fund?

Both plans hold the same investments. The Regular plan pays a commission to the distributor who sold it, so it charges more. The Direct plan charges 0.29% a year and the Regular plan 0.76%. The lower charge is why the Direct plan's NAV is higher.

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.