Motilal Oswal Mutual Fund launches Motilal Oswal Nifty 200 Momentum 30 Index Fund

Motilal Oswal Mutual Fund launches Motilal Oswal Nifty 200 Momentum 30 Index Fund

by News Team | Mutual Fund

NFO period: 21st January - 04th February, 2022

Highlights of the NFO:

  • Scheme type - An open ended fund replicating / tracking the total return of Nifty 200 Momentum 30 Total Return Index

  • Investment objective - The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the performance of Nifty 200 Momentum 30 Index (underlying 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 return that corresponds to the performance of Nifty 200 Momentum 30 Total Return 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 only Growth Option.

  • Fund Manager - Mr. Swapnil Mayekar and Mr. Abhiroop Mukherjee

  • Benchmark - Nifty 200 Momentum 30 Total Return Index

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