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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: 29^th January 2025 to 12^th 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 **66^th position in 2013 to 39^th in 2024 on the Global Innovation Index and securing #3^rd 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).

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