Motilal Oswal Mutual Fund launches Motilal Oswal Developed Market Ex US ETFs Fund of Funds

Motilal Oswal Mutual Fund launches Motilal Oswal Developed Market Ex US ETFs Fund of Funds

by News Team | Mutual Fund

NFO period: 18th September – 21st September, 2023

Highlights of the NFO:

  • Scheme type – An open ended fund of funds scheme investing in units of global ETFs which track the performance of Developed Markets excluding US

  • Investment objective – The investment objective is to generate long term capital appreciation by investing in units of global ETFs which track the performance of Developed Markets excluding US, subject to tracking error, if any. 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. To by investing in global ETFs which track the performance of Developed Markets ex-US.

  • Minimum Application Amount – First investment is Rs. 500/- and in multiple of Rs. 1/- thereafter

  • Plan/ Options available – Direct Plan and Regular Plan having Growth Option only.

  • Fund Manager – Mr. Ankush Sood and Mr. Rakesh Shetty

  • Benchmark – S&P Developed Ex-U.S. BMI Total Return Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)