{"id":250662,"date":"2026-09-16T18:43:03","date_gmt":"2026-09-16T13:13:03","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/motilal-oswal-asset-allocation-passive-fof-conservative-direct-growth-review-2026\/"},"modified":"2026-09-16T18:43:03","modified_gmt":"2026-09-16T13:13:03","slug":"motilal-oswal-asset-allocation-passive-fof-conservative-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/motilal-oswal-asset-allocation-passive-fof-conservative-direct-growth-review-2026\/","title":{"rendered":"Motilal Oswal Asset Allocation Passive FoF-Conservative Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/motilal-oswal-asset-allocation-passive-fof-conservative-g-direct-plan\">Motilal Oswal Asset Allocation Passive FoF-Conservative Direct Growth Plan<\/a> has a NAV of \u20b917.8924 as of 15 September 2026 and an AUM of \u20b976 Cr. Its 1-year, 3-year and 5-year returns are 7.92%, 12.66% and 10.25%, and the scheme is tagged High Risk. Our view is that this is a conservative asset-allocation fund in structure, but the return pattern and risk label still call for a measured, long-horizon allocation mindset.<\/p>\n<p>The fund has held up better over 3 years and 5 years than in the recent 1-year period, while the benchmark has been weaker across those same stretches. That makes the fund more relevant for investors who want diversified exposure through a fund-of-funds structure and can tolerate short-run swings in pursuit of steadier compounding over time.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-asset-allocation-passive-fof-conservative-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-asset-allocation-passive-fof-conservative-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-asset-allocation-passive-fof-conservative-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Motilal_Oswal_Asset_Allocation_Passive_FoF-Conservative\" title=\"Should you BUY or HOLD Motilal Oswal Asset Allocation Passive FoF-Conservative?\">Should you BUY or HOLD Motilal Oswal Asset Allocation Passive FoF-Conservative?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-asset-allocation-passive-fof-conservative-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-asset-allocation-passive-fof-conservative-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-asset-allocation-passive-fof-conservative-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-asset-allocation-passive-fof-conservative-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-asset-allocation-passive-fof-conservative-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-asset-allocation-passive-fof-conservative-direct-growth-review-2026\/#What_is_the_current_NAV_of_Motilal_Oswal_Asset_Allocation_Passive_FoF-Conservative_Direct_Growth_Plan\" title=\"What is the current NAV of Motilal Oswal Asset Allocation Passive FoF-Conservative Direct Growth Plan?\">What is the current NAV of Motilal Oswal Asset Allocation Passive FoF-Conservative Direct Growth Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-asset-allocation-passive-fof-conservative-direct-growth-review-2026\/#What_are_the_1-year_3-year_and_5-year_returns\" title=\"What are the 1-year, 3-year and 5-year returns?\">What are the 1-year, 3-year and 5-year returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-asset-allocation-passive-fof-conservative-direct-growth-review-2026\/#How_has_the_fund_done_versus_the_benchmark\" title=\"How has the fund done versus the benchmark?\">How has the fund done versus the benchmark?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-asset-allocation-passive-fof-conservative-direct-growth-review-2026\/#How_does_it_compare_with_the_peer_funds_listed_here\" title=\"How does it compare with the peer funds listed here?\">How does it compare with the peer funds listed here?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-asset-allocation-passive-fof-conservative-direct-growth-review-2026\/#What_is_the_minimum_SIP_amount\" title=\"What is the minimum SIP amount?\">What is the minimum SIP amount?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-asset-allocation-passive-fof-conservative-direct-growth-review-2026\/#What_is_the_risk_profile_and_who_manages_the_fund\" title=\"What is the risk profile, and who manages the fund?\">What is the risk profile, and who manages the fund?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-asset-allocation-passive-fof-conservative-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-asset-allocation-passive-fof-conservative-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-asset-allocation-passive-fof-conservative-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b917.8924 as of 15 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b976 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.03%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>12 Mar 2021<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9500<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>High Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Fund of Fund<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>1% on or before 15D, Nil after 15D<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Swapnil P Mayekar, Rakesh Shetty<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Swapnil P Mayekar and Rakesh Shetty.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>-1.88%<\/td>\n<td>-4.81%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>0.06%<\/td>\n<td>-3.63%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>7.92%<\/td>\n<td>-8.27%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>12.66%<\/td>\n<td>5.59%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>10.25%<\/td>\n<td>5.58%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Recent performance is mixed, but it is not weak in context. Over 1 month, the fund fell less than the benchmark, and over 3 months it was slightly positive while the benchmark remained negative. That tells us the fund has recently shown some resilience even though the absolute movement has been modest.<\/p>\n<p>The longer picture is stronger. The 1-year return is clearly positive, and the 3-year and 5-year numbers both sit above the benchmark by a meaningful margin. In our view, that gap matters because it shows the fund has not depended only on a short-term rebound; it has compounded better than the benchmark over multi-year holding periods.<\/p>\n<p>The 3-year and 5-year profiles are also more balanced than the 1-year stretch. The one-year period was choppy, while the multi-year path suggests the fund has recovered from earlier weakness and then continued to build on that recovery. For an investor, the key point is that short-term noise has been present, but the medium- and long-term record is more constructive than the benchmark\u2019s.<\/p>\n<p>Compared with NIFTY 50, the fund has been ahead across every period shown here. That does not remove risk, but it does indicate that the fund\u2019s underlying mix has worked better than the benchmark during the periods captured in the table.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Motilal_Oswal_Asset_Allocation_Passive_FoF-Conservative\"><\/span>Should you BUY or HOLD Motilal Oswal Asset Allocation Passive FoF-Conservative?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding Motilal Oswal Asset Allocation Passive FoF-Conservative? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/motilal-oswal-asset-allocation-passive-fof-conservative-g-direct-plan\">Motilal Oswal Asset Allocation Passive FoF-Conservative Direct Growth Plan<\/a><\/td>\n<td>7.92%<\/td>\n<td>12.66%<\/td>\n<td>10.25%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/sbi-silver-etf-fof-g-direct-plan\">SBI Silver ETF FOF Direct Growth Plan<\/a><\/td>\n<td>75.06%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/kotak-silver-etf-fof-g-direct-plan\">Kotak Silver ETF FoF Direct Growth Plan<\/a><\/td>\n<td>74.67%<\/td>\n<td>44.26%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/axis-silver-fof-g-direct-plan\">Axis Silver FoF Direct Growth Plan<\/a><\/td>\n<td>73.7%<\/td>\n<td>44.39%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/zerodha-silver-etf-fof-g-direct-plan\">Zerodha Silver ETF FoF Direct Growth Plan<\/a><\/td>\n<td>73.46%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/nippon-india-silver-etf-fof-g-direct-plan\">Nippon India Silver ETF FOF Direct Growth Plan<\/a><\/td>\n<td>72.65%<\/td>\n<td>43.94%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>The current fund\u2019s 1-year return is far below the peer funds listed here, which are heavily driven by silver-linked strategies and have seen much stronger recent momentum. That difference is important because it shows the comparison set is being led by a very different return engine than this fund\u2019s diversified asset-allocation approach.<\/p>\n<p>At 3 years, the fund\u2019s 12.66% return is below the available peer figures in the table that report a 3-year number, while its 5-year return of 10.25% is also lower than those longer-running silver-oriented peers with available history. The shorter and longer horizons therefore tell the same broad story: this fund has been steadier, but the peer set has produced much sharper gains where history is available.<\/p>\n<p>That said, the comparison is not just about strength or weakness in a vacuum. The peer group shows very high recent returns but with uneven longer-history coverage, while this fund offers a more complete 1-year, 3-year and 5-year picture. For investors, the contrast is between a diversified, multi-asset route and a more momentum-driven peer profile.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Motilal Oswal Nifty 5 Year Benchmark G-Sec Etf-Gr<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>50.34%<\/td>\n<\/tr>\n<tr>\n<td>Motilal Oswal Nifty 500 Fund &#8211; Direct Plan<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>27.9%<\/td>\n<\/tr>\n<tr>\n<td>Motilal Oswal Gold ETF<\/td>\n<td>Domestic Mutual Funds Units &#8211; Gold<\/td>\n<td>10.91%<\/td>\n<\/tr>\n<tr>\n<td>Motilal Oswal S&amp;P 500 Index Fund Directplan Growth<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>10.25%<\/td>\n<\/tr>\n<tr>\n<td>Triparty Repo<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>0.85%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding is Motilal Oswal Nifty 5 Year Benchmark G-Sec Etf-Gr at 50.34%, which is a dominant slice on its own. After that, the allocation falls to 27.9% in the Motilal Oswal Nifty 500 Fund &#8211; Direct Plan, so the drop from the first to the second holding is already sharp.<\/p>\n<p>The next layer is still meaningful but much smaller: 10.91% in Motilal Oswal Gold ETF and 10.25% in Motilal Oswal S&amp;P 500 Index Fund Directplan Growth. The spread from the largest position to the fourth holding suggests the portfolio may rely heavily on the first two positions for its overall behaviour, while the remaining holdings can add diversification and balance.<\/p>\n<p>All five disclosed holdings together account for 100% of the portfolio, so there is no longer tail visible in the disclosed basket. That makes the structure look highly concentrated in the top positions even though the underlying assets span debt, equity, gold and overseas equity exposure through fund holdings.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund suits investors who can accept High Risk exposure and are comfortable with some short-term volatility in exchange for a diversified allocation style. The 1-year record is positive, but the stronger 3-year and 5-year outcomes suggest it is better viewed with a medium-to-long horizon rather than as a short trading-style holding.<\/p>\n<p>The main trade-off is straightforward: you may get a smoother route than a single-asset thematic idea, but you still have to tolerate swings and the possibility that near-term returns do not always match the stronger multi-year pattern. Investors who want benchmark-beating outcomes over time and can stay invested through uneven months may find the profile more relevant than those seeking steady short-term gains.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load:<\/strong> 1% on or before 15D, Nil after 15D. There is no exit load after the holding period.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_Motilal_Oswal_Asset_Allocation_Passive_FoF-Conservative_Direct_Growth_Plan\"><\/span>What is the current NAV of Motilal Oswal Asset Allocation Passive FoF-Conservative Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b917.8924 as of 15 September 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_1-year_3-year_and_5-year_returns\"><\/span>What are the 1-year, 3-year and 5-year returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 1-year return is 7.92%, the 3-year return is 12.66% and the 5-year return is 10.25%.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_has_the_fund_done_versus_the_benchmark\"><\/span>How has the fund done versus the benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It has outperformed the NIFTY 50 across 1 month, 3 months, 1 year, 3 years and 5 years. The gap is especially visible over the 3-year and 5-year periods.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_the_peer_funds_listed_here\"><\/span>How does it compare with the peer funds listed here?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Its 1-year return is well below the peer funds shown, while its 3-year and 5-year figures are also lower than the available peer figures in the table. The peers, however, are mostly silver-oriented strategies, so the comparison reflects different return drivers.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_minimum_SIP_amount\"><\/span>What is the minimum SIP amount?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The minimum SIP amount is \u20b9500.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_risk_profile_and_who_manages_the_fund\"><\/span>What is the risk profile, and who manages the fund?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund carries a High Risk label and is managed by Swapnil P Mayekar and Rakesh Shetty. The portfolio is concentrated in five disclosed holdings, with the largest holding at 50.34%.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund\u2019s recent return profile is less striking than its multi-year record, but the 3-year and 5-year numbers are stronger than the benchmark and more consistent with a compounding-style allocation approach. In the peer table, the fund trails the silver-focused schemes on available return data, yet those peers are built around a very different theme. The key portfolio feature is concentration in five disclosed holdings, led by a single holding above 50%. That makes the fund more suitable for investors who want diversified exposure and can stay patient through uneven short-term moves.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 16 September 2026 at 6:40 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Motilal Oswal Asset Allocation Passive FoF-Conservative Direct Growth Plan\",\"identifier\":\"motilal-oswal-asset-allocation-passive-fof-conservative-g-direct-plan\",\"category\":\"Fund of Fund\",\"dateCreated\":\"12 Mar 2021\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":17.8924,\"valueReference\":\"as of 15 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"76 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.03\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":7.92},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":12.66},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":10.25},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Swapnil P Mayekar, Rakesh Shetty\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Motilal Oswal Asset Allocation Passive FoF-Conservative Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b917.8924 as of 15 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The 1-year return is 7.92%, the 3-year return is 12.66% and the 5-year return is 10.25%.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund done versus the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has outperformed the NIFTY 50 across 1 month, 3 months, 1 year, 3 years and 5 years. The gap is especially visible over the 3-year and 5-year periods.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the peer funds listed here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is well below the peer funds shown, while its 3-year and 5-year figures are also lower than the available peer figures in the table. The peers, however, are mostly silver-oriented strategies, so the comparison reflects different return drivers.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b9500.\"}},{\"@type\":\"Question\",\"name\":\"What is the risk profile, and who manages the fund?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund carries a High Risk label and is managed by Swapnil P Mayekar and Rakesh Shetty. The portfolio is concentrated in five disclosed holdings, with the largest holding at 50.34%.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Motilal Oswal Asset Allocation Passive FoF-Conservative Direct Growth Plan has a NAV of \u20b917.8924 and High Risk tag. Its 3-year and 5-year returns beat the NIFTY 50, while peers show much stronger silver-led gains.<\/p>\n","protected":false},"author":38,"featured_media":250661,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-250662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["250661"],"rank_math_title":["Motilal Oswal Direct Growth Review 2026"],"rank_math_description":["Motilal Oswal Direct Growth NAV \u20b917.8924; 1Y 7.92%, 3Y 12.66%, 5Y 10.25%. Review of returns, portfolio and risk."],"rank_math_focus_keyword":["Motilal Oswal Asset Allocation Passive FoF-Conservative Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Motilal_Oswal_Asset_Allocation_Passive_FoF_Conservative_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Inves_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/250662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=250662"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/250662\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/250661"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=250662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=250662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=250662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}