Motilal Oswal MF launches Consumption Fund

Motilal Oswal Mutual Fund (MOMF) has launched the Motilal Oswal Consumption Fund, an open-ended equity scheme aimed at capturing India’s long-term consumption growth.

The New Fund Offer (NFO) will be open for subscription from October 1 to October 15.

The fund seeks to benefit from structural changes in India’s consumption patterns. Rising incomes, rapid urbanisation, and policy reforms are driving the formalisation of the economy and creating a unified national market.

Consumption already accounts for over 60% of India’s GDP and is shifting from essentials to discretionary and premium categories, including automobiles, retail, financial services, durables, and lifestyle products.

Prateek Agrawal, MD & CEO of Motilal Oswal AMC, said, “The Motilal Oswal Consumption Fund focuses on India’s evolving consumption theme. With our QGLP investing framework, we aim to build a high-conviction portfolio of quality businesses positioned to benefit from these long-term structural shifts.”

The fund will be managed by Niket Shah (CIO & Fund Manager – Equity), Varun Sharma (Fund Manager – Equity), Bhalchandra Shinde (Associate Fund Manager – Equity), Rakesh Shetty (Fund Manager – Debt), and Sunil Sawant (Fund Manager – Overseas).

The scheme will target high-growth areas within the consumption theme, including organised retail, digital services, financial services supporting consumption, and select segments in durables and apparel.

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