Motilal Oswal Mutual Fund launches Motilal Oswal Multi Asset Fund (MOFMAF)

Jul 15, 2020 by News Team

NFO period: 15th July – 24th July, 2020

Highlights of the NFO:

  • Scheme type – An open ended scheme investing in Equity, International Equity Index Funds/ Equity ETFs, Debt and Money Market Instruments and Gold Exchange Traded Funds

  • Investment objective – The investment objective is to generate long term capital appreciation by investing in a diversified portfolio comprises of Equity, International Equity Index Funds/ Equity ETFs, Debt and Money Market Instruments and Gold Exchange Traded Funds. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

  • Product suitability – This product is suitable for investors who are seeking long term capital appreciation by investing in a diversified portfolio. By investing in Equity, International Equity Index Funds/ Equity ETFs, Debt and Money Market Instruments and Gold Exchange Traded Funds.

  • Minimum Application Amount – First investment is Rs. 500/- and in multiple of Rs. 1/- thereafter

  • Plan/ Options available – Regular Plan and Direct Plan. Each plan offers Growth Option.

  • Fund Manager – Mr. Siddharth Bothra, Mr. Abhiroop Mukherjee, Mr. Herin Visaria and Mr. Swapnil Mayekar

  • Benchmark – 30% Nifty 50 TRI + 50 % Crisil Short Term Gilt Index + 10% Domestic Price of Gold + 10% S&P 500 Index (TRI)

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)