Motilal Oswal Mutual Fund Announces the Launch of Motilal Oswal Financial Services Fund
Mumbai, January 22, 2026 - Motilal Oswal Mutual Fund has announced the launch of the
Motilal Oswal Financial Services Fund, an open-ended equity scheme investing in Financial Services Sector. The scheme aims to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of companies engaged in financial services businesses.
The New Fund Offer (NFO) will be open for subscription from
January 27th to February 10th, 2026.
Financial services represent a structurally important and expanding pillar of India’s economy, encompassing banks, insurance, capital markets, and the fintech ecosystems. Over the last decade, the sector has evolved beyond traditional lending, with non-lending businesses witnessing increased participation across exchanges, asset management companies, insurance, fintech platforms, and wealth management players. Historically, India’s financial services sector has shown broad-based expansion over time, such as bank deposits and advances, NBFC AUM, mutual fund AUM, insurance premiums, and equity market activity, reflecting sustained long-term growth across the country’s financial ecosystem.
Commenting on the launch,
Prateek Agrawal, MD & CEO of Motilal Oswal Asset Management Company said, “The financial services industry in India is currently undergoing a major shift due to the formalisation of the industry, increased digitalisation, and the growing number of households participating in the capital markets. At a time of global market volatility, India remains a country with strong domestic fundamentals. The industry has moved beyond banking, with the listed companies in the NBFCs, housing finance, insurance, fintech, and capital markets experiencing growth between 2010 and 2024. The portfolio of the fund is based on the MOAMC’s QGLP (Quality, Growth, Longevity, Price) investment philosophy, which is aided by a risk management framework and sub-sector rotation in the BFSI space.”
Ajay Khandelwal, Fund Manager at Motilal Oswal Asset Management Company said,
“India’s financial services sector has expanded meaningfully over the years,
non-lending financial services have seen nearly 15x rise in market capitalisation compared to about
4x growth in lending businesses, highlighting diversification beyond traditional banking. Today, BFSI contributes approximately 33% to Nifty 50 PAT and nearly 27% of India’s total market long term opportunity across the financial services spectrum.
Our approach is to build a high-conviction portfolio across *20–25 stocks, balancing lending and non-lending businesses, and aligning exposure across different stages of the financial cycle.”
*As per current FM strategy.
The Fund will be managed by Mr.
Ajay Khandelwal (Fund Manager – For Equity component)
, Mr. Atul Mehra (Fund Manager – For Equity component), Mr.
Sandeep Jain (Fund Manager - Equity Component), Mr.
Bhalchandra Shinde (Associate Fund Manager – Equity Component),
Mr Rakesh Shetty (Fund Manager - Debt Component) and
Mr. Swapnil Mayekar (Fund Manager – Foreign Securities).
Fund Details at a Glance
Feature
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Details
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Scheme Name
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Motilal Oswal Financial Services Fund
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Category
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Sectoral Fund
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Type
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An open-ended equity scheme investing in Financial Services Sector
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NFO Period
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January 27th to February 10th, 2026
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Benchmark Index
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Nifty Financial Services Total Return Index
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Primary Objective
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The primary objective of the Scheme is to generate long-term capital appreciation by investing in equity or equity related instruments across market capitalization of companies deriving majority of their income from financial Services businesses. However, there is no assurance that the investment objective of the scheme will be realised
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Product Labelling:
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
The above Product labelling assigned during the NFO is based on internal assessment of the scheme characteristics or model portfolio and the same may vary post NFO when the actual investments are made.
For scheme-specific risk factors, please refer to the Scheme Information Document (SID) of the fund at:
https://www.motilaloswalmf.com/CMS/assets/uploads/Documents/22ee6-1.nfo-sid-motilal-oswal-financial-services-fund.pdf
About Motilal Oswal Asset Management Company (MOAMC)
Motilal Oswal Group has a legacy in equities for over three decades. MOAMC is registered with SEBI as the Investment Manager for MOMF. It was incorporated on November 14, 2008. It provides Investment Management and Advisory Services to investors based within and outside India and has a business in Mutual Funds, AIFs, and Portfolio Management Services (‘PMS’).
Source: AMFI, MOIE, NSE Index
Disclaimer:
This communication is for general information purposes only and does not constitute investment advice or a recommendation. Any sector or stock references are illustrative. The scheme invests in financial services sector companies, and returns may be sector-specific, volatile, and may not reflect broader market trends. The QGLP approach is used as part of the portfolio construction process and is subject to prevailing market conditions. Past performance or sector trends do not guarantee future results. Readers are solely responsible for decisions taken based on this communication.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
For further details, contact:
Rohini Kute
Head, Corporate Communication,
Motilal Oswal Financial Services
Mail:
rohini.kute@motilaloswal.com