Motilal Oswal Mutual Fund launches Motilal Oswal Multi Asset Fund (MOFMAF)
15 Jul,
2020
By: Eastern Fin Research Team# Mutual Fund
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)
Eastern Financiers, one of the first investment and financial consultant in Eastern
India have grown to become one of the largest investment consultants in the country.