Motilal Oswal Mutual Fund has launched two passively managed multi asset funds - Motilal Oswal Asset Allocation Passive Fund of Fund – Aggressive and Motilal Oswal Asset Allocation Passive Fund of Fund – Conservative.
Both the funds will have allocation to equity, international equity, fixed income and commodity.
The funds will follow strategic rebalancing to eliminate market-timing risk.
In a press release, Pratik Oswal, Head - Passive Funds, Motilal Oswal MF said, “In our endeavor to continuously simplify investing, we are launching to two passive multi-asset funds catering to two risk profiles - aggressive and conservative. Customer’s opting for a moderate option could simply combine both funds (50:50). These FoFs offer a complete portfolio solution in a single fund with periodical rebalancing.”
