Motilal Oswal MF introduces Multi Cap Fund
Motilal Oswal Financial Mutual Fund (MF) has launched Motilal Oswal Multi Cap Fund, an open-ended equity scheme investing across large cap, mid cap, small cap stocks. The NFO opens for subscription on May 28, 2024 and closes on June 11, 2024. The Entry load is not applicable for the scheme. The Exit Load will be 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. The minimum subscription amount is Rs 500 and in multiples of Re 1 thereafter.
The performance of the scheme will be benchmarked against Nifty 500 Multicap 50:25:25 Index TR and its fund managers are Ajay Khandelwal, Niket Shah, Santosh Singh, Atul Mehra, Rakesh Shetty and Ankush Sood.
The investment objective of the scheme is to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of large, mid and small cap companies.