The Motilal Oswal Multi Asset Omni Fund of Funds is an open-ended fund of funds that provides investors access to multiple asset classes through a single investment vehicle. According to reports from NDTV Profit, the fund invests in equity-oriented schemes, debt-oriented schemes, and Gold and Silver ETFs, offering flexibility to access real estate exposure through REITs as permitted under the scheme's investment framework. This structure allows investors to access multiple asset classes without having to select and manage each investment separately.
During the bull market from May 2023 to September 2024, equity delivered 38.0% returns while gold returned 18.0% and silver 19.1%, with debt delivering 7.3%. As reported by NDTV Profit, during the bear market from December 2007 to November 2008, equity fell 64.3% and silver declined 12.5%, while gold rose 24.7% and debt delivered 6.1%. These periods illustrate how returns across asset classes can vary significantly, though diversification does not guarantee protection against losses.
Each asset class serves a different role in a portfolio and responds to its own set of market drivers. According to NDTV Profit, equity offers long-term capital appreciation potential, influenced by corporate earnings, valuations and economic conditions. Debt can provide income accrual and relative stability, with returns influenced by interest rates and credit conditions. Gold and silver offer diversification potential and respond to factors such as the US dollar, interest rates, geopolitical developments and, in silver's case, industrial demand. REITs provide real estate exposure, with performance influenced by interest rates, occupancy levels and rental income.
The performance of different asset classes varies significantly across different market environments. As reported by NDTV Profit, in 2011, the Nifty Midcap 150 fell 32.09% while MCX Gold rose 31.72%. In 2012, the Nifty Midcap 150 returned 44.28% compared with 12.34% for MCX Gold. Mid and small caps led in 2023, while silver led in 2025. In 2026, up to August, gold was the leading performer among the assets considered. The key takeaway is that no single asset class leads in every market environment.
