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News Motilal Oswal Mutual Fund launches Motilal Oswal Business Cycle Fund
Aug 7, 2024
Mutual Fund
Motilal Oswal Mutual Fund launches Motilal Oswal Business Cycle Fund
NFO period: 07th August ? 21st August, 2024
Highlights of the NFO:
- Scheme type ? An open-ended equity scheme following business cycles based investing theme
- Investment objective ? To achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies by investing with a focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles. However, there can be no assurance that the investment objective of the scheme will be realized.
- Product suitability ? This product is suitable for investors who are seeking capital appreciation over long term by investing predominantly in equities and equity related instruments selected on the basis of business cycle.
- Minimum Application Amount ? First investment is Rs. 500/- and in multiple of Rs. 1/- thereafter
- Plan/ Options available ? Direct Plan and Regular Plan having IDCW (Income Distribution cum capital withdrawal option) with IDCW Payout and IDCW Reinvestment and Growth option.
- Fund Manager ? Mr. Ajay Khandelwal, Mr. Niket Shah, Mr. Santosh Singh, Mr. Atul Mehra, Mr. Rakesh Shetty and Mr. Sunil Sawant
- Benchmark ? Nifty 500 TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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