Mumbai, Jan. 6 -- Motilal Oswal Mutual Fund has launched a new scheme, the Motilal Oswal Diversified Equity Flexicap Passive Fund of Funds. The new fund offer opened on 2 January 2026, and will close on 15 January 2026.

The open-ended fund of funds will invest in passive equity funds and ETFs to provide diversified exposure across large-cap, mid-cap and small-cap segments through a structured allocation model. The scheme will begin with an equal allocation of one-third each to large, mid and small caps.

Allocations will be reviewed quarterly and rebalanced only if any segment deviates by more than 5% from its target weight. According to the fund house, this approach is intended to systematically rebalance portfolios by trimming outperfo...