The new fund offer (NFO) will open for subscription on January 27 and close on February 10, according to the fund house.
The scheme aims to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of firms engaged in businesses such as banking, insurance, capital markets and fintech-linked financial services.
Motilal Oswal Asset Management Company (MOAMC) said the sector has broadened over the past decade, with non-lending financial services segments such as exchanges, asset managers, insurance companies and wealth platforms seeing increased participation alongside traditional lending businesses.
In a statement, Prateek Agrawal, MD & CEO, MOAMC, said the sector is undergoing changes driven by formalisation and digitalisation, and that the fund’s portfolio will follow the asset manager’s QGLP (Quality, Growth, Longevity, Price) investment framework.
Fund Manager Ajay Khandelwal said the strategy plans to build a concentrated portfolio of 20–25 stocks, balancing exposure across lending and non-lending businesses, subject to the fund manager’s approach.
The fund will be managed by Ajay Khandelwal, Atul Mehra, Sandeep Jain, Bhalchandra Shinde, Rakesh Shetty and Swapnil Mayekar, the AMC said.
