{"id":253710,"date":"2026-09-17T15:38:50","date_gmt":"2026-09-17T10:08:50","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/motilal-oswal-multi-factor-passive-fof-direct-growth-review-2026\/"},"modified":"2026-09-17T15:38:50","modified_gmt":"2026-09-17T10:08:50","slug":"motilal-oswal-multi-factor-passive-fof-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/motilal-oswal-multi-factor-passive-fof-direct-growth-review-2026\/","title":{"rendered":"Motilal Oswal Multi Factor Passive FoF Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/motilal-oswal-multi-factor-passive-fof-g-direct-plan\">Motilal Oswal Multi Factor Passive FoF Direct Growth Plan<\/a> is at a NAV of \u20b910.0086 as of 16 Sep 2026, with an AUM of \u20b930 Cr. Its 1-year, 3-year and 5-year returns are 0%, 0% and 0%, and it sits in the High Risk category.<\/p>\n<p>Our view is that this is a very early-stage fund with a short live history, so the current numbers tell us more about setup than about a tested track record. The portfolio is highly concentrated in four ETF holdings, and that structure can make the fund\u2019s behaviour meaningfully different from a plain benchmark-style equity fund.<\/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-multi-factor-passive-fof-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-multi-factor-passive-fof-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-multi-factor-passive-fof-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Motilal_Oswal_Multi_Factor_Passive_FoF\" title=\"Should you BUY or HOLD Motilal Oswal Multi Factor Passive FoF?\">Should you BUY or HOLD Motilal Oswal Multi Factor Passive FoF?<\/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-multi-factor-passive-fof-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-multi-factor-passive-fof-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-multi-factor-passive-fof-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-multi-factor-passive-fof-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-multi-factor-passive-fof-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-multi-factor-passive-fof-direct-growth-review-2026\/#What_is_the_current_NAV_of_Motilal_Oswal_Multi_Factor_Passive_FoF_Direct_Growth_Plan\" title=\"What is the current NAV of Motilal Oswal Multi Factor Passive FoF Direct Growth Plan?\">What is the current NAV of Motilal Oswal Multi Factor Passive FoF 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-multi-factor-passive-fof-direct-growth-review-2026\/#What_are_the_funds_1-year_3-year_and_5-year_returns\" title=\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\">What are the fund\u2019s 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-multi-factor-passive-fof-direct-growth-review-2026\/#How_has_the_fund_done_against_the_Nifty_50_in_the_recent_periods\" title=\"How has the fund done against the Nifty 50 in the recent periods?\">How has the fund done against the Nifty 50 in the recent periods?<\/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-multi-factor-passive-fof-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-13\" href=\"https:\/\/univest.in\/blogs-2\/motilal-oswal-multi-factor-passive-fof-direct-growth-review-2026\/#What_is_the_risk_level_and_how_concentrated_is_the_portfolio\" title=\"What is the risk level and how concentrated is the portfolio?\">What is the risk level and how concentrated is the portfolio?<\/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-multi-factor-passive-fof-direct-growth-review-2026\/#What_are_the_exit_load_and_fund_manager_details\" title=\"What are the exit load and fund manager details?\">What are the exit load and fund manager details?<\/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-multi-factor-passive-fof-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-multi-factor-passive-fof-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-multi-factor-passive-fof-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>\u20b910.0086 as of 16 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b930 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.0%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>12 Mar 2026<\/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>Equity<\/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 16 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>-4.84%<\/td>\n<td>-4.41%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>-4.53%<\/td>\n<td>-3.6%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund has had a soft start. Both recent windows are negative, and the 1-month figure is a little weaker than the benchmark, which suggests the portfolio has not yet shown resilience in a short falling spell. The 3-month number is also below the benchmark, so the current early pattern does not yet show clear outperformance.<\/p>\n<p>Because the fund launched only in March 2026, there is no meaningful 1-year, 3-year or 5-year history to judge compounding through different market cycles. That matters here, because a factor-based fund can behave differently from a broad market index once the underlying style mix starts to matter. At this point, we would treat the recent stretch as a limited sample rather than a full statement on the strategy.<\/p>\n<p>The daily pattern also looks uneven rather than smooth, which is typical of a newer fund with a concentrated portfolio. That does not automatically make it unsuitable, but it does mean investors should focus more on whether they are comfortable with short-term swings and less on trying to read too much into a few weeks of movement.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 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_Multi_Factor_Passive_FoF\"><\/span>Should you BUY or HOLD Motilal Oswal Multi Factor Passive FoF?<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 Multi Factor Passive FoF? 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-multi-factor-passive-fof-g-direct-plan\">Motilal Oswal Multi Factor Passive FoF Direct Growth Plan<\/a><\/td>\n<td>Data not available<\/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-multi-factor-passive-fof-g-direct-plan\">Kotak Multi Factor Passive FOF Direct Growth Plan<\/a><\/td>\n<td>Data not available<\/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\/icici-pru-multi-asset-active-fof-g-direct-plan\">ICICI Pru Multi-Asset Active FOF Direct Growth Plan<\/a><\/td>\n<td>Data not available<\/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\/tata-multi-sector-passive-fof-g-direct-plan\">Tata Multi Sector Passive FOF Direct Growth Plan<\/a><\/td>\n<td>Data not available<\/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-diversified-equity-all-cap-omni-fof-g-direct-plan\">Kotak Diversified Equity All Cap Omni FOF Direct Growth Plan<\/a><\/td>\n<td>Data not available<\/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\/sbi-nifty-midcap-150-momentum-50-etf-fof-g-direct-plan\">SBI Nifty Midcap 150 Momentum 50 ETF FOF Direct Growth Plan<\/a><\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/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>On the currently available return windows, there is no visible separation between this fund and the peer set because the 1-year, 3-year and 5-year fields are not yet available for any of them. That means the comparison is more useful for identifying fund types than for drawing performance preferences. Within that context, the current fund\u2019s short-run weakness against the benchmark remains the main takeaway.<\/p>\n<p>Since the peer set also lacks longer-term return histories, we cannot use this table to argue that one fund has a stronger multi-year record than another. For now, the practical distinction lies in structure: this fund is a multi-factor passive fund of funds, while some peers are multi-asset or single-theme style alternatives. That makes risk and portfolio construction more relevant than relative return claims at this stage.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 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 500 Momentum 50 ETF<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>27%<\/td>\n<\/tr>\n<tr>\n<td>Motilal Oswal BSE Quality ETF<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>25.22%<\/td>\n<\/tr>\n<tr>\n<td>Motilal Oswal BSE Low Volatility ETF<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>24.12%<\/td>\n<\/tr>\n<tr>\n<td>Motilal Oswal BSE Enhanced Value ETF<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>23.18%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding is 27%, so no single sleeve dominates by itself, but the gap between the first and fourth positions is not wide. The holdings all sit in domestic mutual fund units, which means the fund\u2019s return pattern is likely to be shaped by the underlying ETF mix rather than by direct stock selection.<\/p>\n<p>With only four disclosed holdings and a combined disclosed weight of 99.52%, the portfolio looks tightly grouped at the top. That concentration may create a clearer factor exposure profile, but it also means the fund could move more in line with whichever underlying factor is leading or lagging at a given time.<\/p>\n<p>Because the disclosed holdings already account for almost the entire portfolio, the visible structure leaves little room for a long tail to dilute the main positions. In our view, that makes the fund more transparent on construction, but it also places greater importance on whether an investor is comfortable with a compact, factor-led mix.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 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 are comfortable with High Risk and can wait long enough for a newer factor-based structure to show a clearer pattern. The current return profile is still too short to judge with confidence, so a short horizon would leave too much uncertainty.<\/p>\n<p>The trade-off is straightforward: you get a compact, factor-driven portfolio with very low stated expenses, but the recent record is weak versus the benchmark and there is no multi-year performance history yet. That makes it more appropriate for patient investors who can tolerate swings and are prepared for the possibility that the underlying style mix may move differently from a broad market index.<\/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.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 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_Multi_Factor_Passive_FoF_Direct_Growth_Plan\"><\/span>What is the current NAV of Motilal Oswal Multi Factor Passive FoF Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b910.0086 as of 16 Sep 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_funds_1-year_3-year_and_5-year_returns\"><\/span>What are the fund\u2019s 1-year, 3-year and 5-year returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 1-year, 3-year and 5-year returns are Data not available, Data not available and Data not available. The fund has not yet built a long enough live history for those periods.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_has_the_fund_done_against_the_Nifty_50_in_the_recent_periods\"><\/span>How has the fund done against the Nifty 50 in the recent periods?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund has lagged the Nifty 50 in both recent windows. Its 1-month return is -4.84% versus -4.41% for the benchmark, and its 3-month return is -4.53% versus -3.6%.<\/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_level_and_how_concentrated_is_the_portfolio\"><\/span>What is the risk level and how concentrated is the portfolio?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is classified as High Risk. The disclosed portfolio has four holdings, and the top holding is 27%, so the structure is concentrated at the top.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_exit_load_and_fund_manager_details\"><\/span>What are the exit load and fund manager details?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The exit load is 1% on or before 15D and nil after 15D. The fund is managed by Swapnil P Mayekar and Rakesh Shetty.<\/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 is a newly launched High Risk fund with a short record, so the recent negative showing matters more as a warning signal than as a full verdict. Against the benchmark, the latest periods are a little weaker, while the longer-term return fields are not yet available. The portfolio is tightly built around four domestic mutual fund unit holdings, which makes the strategy easy to read but also more concentrated. In our view, it fits patient investors who understand factor-driven equity exposure and can live with an early stage performance profile.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 17 September 2026 at 3:37 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 Multi Factor Passive FoF Direct Growth Plan\",\"identifier\":\"motilal-oswal-multi-factor-passive-fof-g-direct-plan\",\"category\":\"Equity\",\"dateCreated\":\"12 Mar 2026\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":10.0086,\"valueReference\":\"as of 16 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"30 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.0\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":0},{\"@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 Multi Factor Passive FoF Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b910.0086 as of 16 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The 1-year, 3-year and 5-year returns are Data not available, Data not available and Data not available. The fund has not yet built a long enough live history for those periods.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund done against the Nifty 50 in the recent periods?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund has lagged the Nifty 50 in both recent windows. Its 1-month return is -4.84% versus -4.41% for the benchmark, and its 3-month return is -4.53% versus -3.6%.\"}},{\"@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 level and how concentrated is the portfolio?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is classified as High Risk. The disclosed portfolio has four holdings, and the top holding is 27%, so the structure is concentrated at the top.\"}},{\"@type\":\"Question\",\"name\":\"What are the exit load and fund manager details?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The exit load is 1% on or before 15D and nil after 15D. The fund is managed by Swapnil P Mayekar and Rakesh Shetty.\"}}]}<\/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 Multi Factor Passive FoF Direct Growth Plan has a NAV of \u20b910.0086 as of 16 Sep 2026, AUM of \u20b930 Cr and a High Risk profile. Recent returns are below the Nifty 50.<\/p>\n","protected":false},"author":38,"featured_media":253706,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-253710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["253706"],"rank_math_title":["Motilal Oswal Multi Factor FoF Review 2026"],"rank_math_description":["Motilal Oswal Multi Factor Passive FoF Direct Growth Plan has a NAV of \u20b910.0086 and 1M return of -4.84%. Read the 2026 review."],"rank_math_focus_keyword":["Motilal Oswal Multi Factor Passive FoF 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_Multi_Factor_Passive_FoF_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_bearish.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/253710","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=253710"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/253710\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/253706"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=253710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=253710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=253710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}