IGI Logo

Motilal Oswal Asset Management Company (AMC) has announced notice cum addendum to the Statement Of Additional Information (SAI), Scheme Information Documents (SID) and Key Information Memorandum (KIM) of schemes of Motilal Oswal Mutual Fund.

Motilal Oswal Mutual Fund informs that Motilal Oswal Trustee Company, the Trustee to Motilal Oswal Mutual Fund (MOMF) has decided to modify the Load Structure of following Schemes of MOMF with effect from December 09, 2022. 

The Existing Load Structure for schemes- ‘Motilal Oswal Nifty 50 Index Fund, Motilal Oswal Nifty Midcap 150 Index Fund, Motilal Oswal Nifty Small cap 250 Index Fund, Motilal Oswal Nifty Next 50 Index Fund, Motilal Oswal 5 Year G-Sec Fund of Fund, Motilal Oswal Gold and Silver ETFs Fund of Fund’ was Entry Load was nil, Exit Load was 1%- If redeemed on or before 15 days from the date of allotment; and Nil- If redeemed after 15 days from the date of allotment. It has been revised to ‘Entry Load- nil and exit load-nil’. 

Meanwhile, Existing Load Structure for ‘Motilal Oswal S&P 500 Index Fund’ was Entry Load: Nil; Exit Load: was 1% If redeemed on or before 3 months from the date of allotment and Nil- If redeemed after 3 months from the date of allotment. It has been revised to Entry Load: Nil Exit Load: 1%- If redeemed on or before 7 days from the date of allotment; and Nil- If redeemed after 7 days from the date of allotment.

This addendum forms an integral part of the Scheme Information Document(s)/ Key Information Memorandum(s) of the Scheme(s), as applicable, of the Fund as amended from time to time. All other features and terms and condition as mentioned in the SID & KIM will remain unchanged.