Motilal Oswal MF introduces Small Cap Fund
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Motilal Oswal Mutual Fund (MF) has launched Motilal Oswal Small Cap Fund, an open-ended equity scheme predominantly investing in small cap stocks. The NFO opens for subscription on December 05, 2023 and closes on December 19, 2023. The Entry load is nil for the scheme. An Exit load of 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 Smallcap 250 TRI and its fund managers are Ajay Khandelwal, Niket Shah, Rakesh Shetty and Ankush Sood.
The investment objective of the scheme is to generate capital appreciation by investing predominantly in Small Cap stocks.
