Motilal Oswal Mutual Fund has announced change in the benchmark indices of Motilal Oswal Asset Allocation Passive Fund of Fund – Aggressive (MOFAAPFOF-A) and Motilal Oswal Asset Allocation Passive Fund of Fund- Conservative (MOFAAPFOF-C) effective from Jun 1. Accordingly, the composite benchmark of MOFAAPFOF-A is 50% Nifty 500 TRI + 20% S&P 500 TRI (INR) + 10% Domestic Price of Gold + 20% Nifty 5 Yr Benchmark G-Sec Index. In case of MOFAAPFOF-C, the composite benchmark is 30% Nifty 500 TRI + 10% S&P 500 TRI (INR) + 10% Domestic Price of Gold + 50% Nifty 5 Yr Benchmark G-Sec Index.