The new fund offering or NFO of these four funds will open for subscription on October 29 and close on November 6. The schemes will reopen for rolling sale and buyback on November 19.
The minimum application amount for global investments and SIPs is Rs 500 and thereafter in multiples of Re 1 in all the four schemes. All plans will be managed by Swapnil Mayekar, Rakesh Shetty.
Motilal Oswal Nifty MidSmall Telecom and IT Index Fund
Motilal Oswal Nifty MidSmall IT and Telecom Index Fund is an open-ended fund that replicates/tracks the Nifty MidSmall IT and Telecom Total Return Index.
The scheme will be benchmarked against the Nifty MidSmall IT and Telecom Total Return Index. The scheme will allocate 95% to 100% to components of the Nifty MidSmall IT and Telecom Total Return Index and 0% to 5% to liquid schemes/debt schemes, debt and/or money market instruments. Motilal Oswal Nifty MidSmall Financial Services Index Fund
Motilal Oswal Nifty MidSmall Financial Services Index Fund is an open-ended fund that replicates/tracks the Nifty MidSmall Financial Services Total Return Index.
The scheme will be benchmarked against the Nifty MidSmall financial services total return index.
It will allocate between 95% and 100% to the components of the Nifty MidSmall Financial Services Total Return Index and between 0% and 5% to liquidity schemes/debt schemes, debt and/or money market instruments.
Motilal Oswal Nifty MidSmall Healthcare Index Fund
Motilal Oswal Nifty MidSmall Healthcare Index Fund is an open-ended fund that replicates/tracks the Nifty MidSmall Healthcare Total Return Index.
The scheme will be compared with the total return index of Nifty MidSmall Healthcare.
The scheme will allocate between 95% and 100% in components of the Nifty MidSmall Healthcare Index Fund and between 0% and 5% in units of liquid schemes and money market instruments.
Motilal Oswal Nifty MidSmall India Consumer Index Fund
Motilal Oswal Nifty MidSmall India Consumption Index Fund is an open-ended fund that replicates/tracks the Nifty MidSmall India Consumption Total Return Index.
The scheme will be benchmarked against the Nifty MidSmall India Consumption Total Return Index.
It will allocate between 95% and 100% to components of the Nifty MidSmall India consumer index and between 0% and 5% to units of liquid schemes and money market instruments.
Disclaimer:
The information contained in this post is for general information purposes only. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.
We respect the intellectual property rights of content creators. If you are the owner of any material featured on our website and have concerns about its use, please contact us. We are committed to addressing any copyright issues promptly and will remove any material within 2 days of receiving a request from the rightful owner.