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News Motilal Oswal Mutual Fund launches Motilal Oswal Manufacturing Fund
Jul 19, 2024
Mutual Fund
Motilal Oswal Mutual Fund launches Motilal Oswal Manufacturing Fund
NFO period: 19th July – 02nd August, 2024
Highlights of the NFO:
- Scheme type – An open-ended equity scheme following manufacturing theme
- Investment objective – To achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in the manufacturing activity. 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 in equity and equity related instruments of Companies engaged in the Manufacturing theme.
- 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 India Manufacturing Total Return Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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