Motilal Oswal Mutual Fund launches quant fund

Motilal Oswal Mutual Fund launches Motilal Oswal Quant Fund, an open-ended equity scheme, investing based on a quant investment framework.

The new fund offer or NFO of the scheme is open for subscription and will close on June 5. The scheme will re-open for continuous sale and repurchase within five business days from the date of allotment.

The scheme is benchmarked against Nifty 200 Index TR. Both regular and direct plans will offer growth and IDCW options. The scheme will be managed by Ajay Khandelwal, Rakesh Shetty.


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The minimum application amount is Rs 500 and in multiples of Re 1 thereafter. An exit load of 1% is applicable if redeemed on or before 15 days from the date of allotment. No exit load will be there if redeemed after 15 days from the date of allotment. No exit load will be applicable in case of switch between the schemes, Motilal Oswal Focused Fund, Motilal Oswal Midcap Fund, Motilal Oswal Flexi Cap Fund, Motilal Oswal Balanced Advantage Fund, Motilal Oswal Large and Midcap Fund, Motilal Oswal Multi Asset Fund, Motilal Oswal Small Cap Fund, Motilal Oswal Large Cap Fund and other schemes as may be amended by AMC vide its addendum issued in this regard. 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.

The scheme will invest 80-100% in equity and equity-related instruments, 0-20% in units of liquid fund and money market instruments (including cash and cash equivalents).

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The investment strategy focuses on the concept of economic profit. Economic profit identifies a key metric of a company’s financial performance, which is superior to Accounting Profit, namely, Economic Profit.

The maximum total expense ratio (TER) permissible under Regulation 52 (6) (c) (i) and 6 (a) is up to 2.25%.

The scheme is suitable for investors seeking to generate medium to long-term capital appreciation and want investments in equity and equity-related instruments selected based on a proprietary quantitative investment framework.

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