This FoF Has Outperformed The Category Average Returns Since Its Inception

Depending on the sort of fund you choose, mutual funds will typically invest your money in either equities or debt assets. But did you know there are funds that invest in other mutual funds? They are particularly popular among risk-averse, long-term investors and are commonly referred to as FOFs (Fund of Funds). Here, we have highlted a Fof from the Motihal Oswal Mutaul Fund. This fund has outperformed its category average returns over the years. Check what they are and what return they offered since inception.

Motilal Oswal Nasdaq 100 Fund of Fund- Direct-Growth

NAV	Fund Size	Expense Ratio
₹23.06	₹ 4136.75 Cr	0.10%

NAV as on 17 February 202

Motilal Oswal Nasdaq 100 FOF- Direct-Growth is an International mutual fund scheme from Motilal Oswal Mutual Fund. The fund was launched on 29 November 2018. The fund is managed by Swapnil P Mayekar and Abhiroop Mukherjee. Fund's Direct-Growth plan has Rs 4,137 Cr worth of AUM as of 31 January 2022. The fund's expense ratio is less than what most other International funds charge. It is a highly risky fund to invest in. 
Motilal Oswal Nasdaq 100 FOF Direct-Growth scheme return performance in last 1 year is 8.89% annualized returns, in last 3 years, it has returned 116.73% absolute returns and 130.63% absolute returned since scheme launch. The fund does not have any Exit Load. The minimum investment required for investment is Rs 500, and the minimum incremental investment is Rs 500. The minimum SIP amount to invest in this scheme is Rs 500.

Lump-Sum Returns

On the investment of Rs 10,000

Period Invested for	Absolute Returns	Annualised Returns	Category Avg
1 Year	8.89%	8.89%	7.72%
2 Year	58.43%	25.83%	12.79%
3 Year	116.73%	29.32%	12.97%
Since Inception	130.63%	29.61%	7.65%

SIP Returns

On the investment of Rs 1,000

Period Invested for	Absolute Returns	Annualised Returns
1 Year	0.86%	1.59%
2 Year	20.80%	19.24%
3 Year	46.25%	26.22%

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, Terms and Conditions carefully before investing. The above-mentioned information is purely informational and carried forward from MoneyControl. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.