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News Motilal Oswal Mutual Fund launches Motilal Oswal Digital India Fund
Oct 11, 2024
Mutual Fund
Motilal Oswal Mutual Fund launches Motilal Oswal Digital India Fund
NFO period: 11th October - 25th October, 2024
Highlights of the NFO:
- Scheme type - An open-ended equity scheme investing in Digital space focusing on Technology, Telecom, Media, Entertainment and other related ancillary sectors.
- Investment objective - The primary investment objective of the scheme is to generate long term growth of capital by predominantly investing in digital and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other companies engaged in or leveraging digitisation.
- Product suitability - This product is suitable for investors who are seeking Capital appreciation over long term. Investing predominantly in equities and equity related instruments of digital and technology related companies.
- Minimum Application Amount - Rs. 500/- and in multiples of Re. 1/- thereafter.
- Plan/ Options available - Direct Plan and Regular Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with IDCW Payout and IDCW Reinvestment).
- Fund Managers - Mr Ajay Khandelwal, Mr Niket Shah, Mr Santosh Singh, Mr Atul Mehra, Mr Rakesh Shetty and Mr. Sunil Sawant
- Benchmark - BSE Teck TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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