Investment Objective
The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of the securities as represented by Nifty MidSmall Financial Services Total Return Index, subject to tracking error. However, there can be no assurance or guarantee that the investment objectives of the scheme will be achieved.
| Fund Overview | |
| Exit Load | Exit load of 1%, if redeemed within 15 days. |
| Min. SIP Amount | ₹ 500 |
| Min. LumpSum Amount | ₹ 500 |
| Launch Date | 29th Oct 2024 |
| End Date | 12th Nov 2024 |
| Allotment Date | 19th Nov 2024 |
| NAV | ₹10.00 |
| Stamp Duty | 0.005% |
| Lock in | Nil |
| Scheme Benchmark | Nifty MidSmall Financial Services TRI |
| Risk | Very High |
| Scheme Category | Other / Index Fund |
| Fund Manager | Swapnil P Mayekar |
| AMC Name | Motilal Oswal Asset Management Company Ltd |
| RTA | KFin Technologies Ltd. |
| Total AUM | ₹ 75,381 Cr |
| Total Schemes | 39 |
How to apply for this NFO?
To apply for this New Fund Offer (NFO), download the Dhan App today!
About Motilal Oswal Asset Management Company.
Motilal Oswal Asset Management Company Ltd. (MOAMC), founded in 2008 and based in Mumbai, operates under the Motilal Oswal Financial Services Limited (MOFSL) umbrella.
The company started its mutual fund business in 2010 after receiving SEBI approval and quickly surpassed a net worth of Rs. 1000 Crore. It became the first asset management company to ring the NASDAQ opening bell in 2011. By 2016, MOAMC’s assets, including portfolio management services and equity mutual funds, reached $1 billion, leading to its international expansion with the Motilal Oswal India Fund (MOIF).
Today, with over 30 investment professionals, MOAMC manages a portfolio worth Rs. 80,136 Crore, offering asset management, advisory services, and more across over 600 locations in India.
You can explore more Mutual Funds offered by Motilal Oswal Mutual Fund here
Happy Investing,
Saurav Parui