Motilal Oswal Mutual Fund launches Motilal Oswal MSCI EAFE Top 100 Select Index Fund

Motilal Oswal Mutual Fund launches Motilal Oswal MSCI EAFE Top 100 Select Index Fund

by News Team | Mutual Fund

NFO period: 15th November - 25th November, 2021

Highlights of the NFO:

  • Scheme type - An open ended scheme replicating/ tracking MSCI (Europe, Australiasia and Far East) EAFE Top 100 Select Index

  • Investment objective - The investment objective is to generate long term capital appreciation by investing in securities of MSCI EAFE Top 100 Select Index subject to tracking error. 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 returns that corresponds to the performance of MSCI EAFE Top 100 Select Index, subject to tracking error. Long term capital growth.

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

  • Plan/ Options available - Regular Plan and Direct Plan, each Plan offers Growth Option only.

  • Fund Manager - Mr. Ankush Sood (For Foreign Securities) and Mr. Abhiroop Mukherjee (For Debt Component)

  • Benchmark - MSCI EAFE Top 100 Select Index

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