Motilal Oswal Dynamic Fund Announces Dividend

Mutual Fund
Jan 18, 2019 by Motilal Oswal Mutual Fund | Mutual Fund | 1 Downloaded

1. Declaration of Dividend under the Scheme, Motilal Oswal Dynamic Fund (MOFDYNAMIC)

NOTICE is hereby given that Motilal Oswal Trustee Company Limited, Trustee to Motilal Oswal Mutual Fund has approved declaration of dividend under Quarterly Dividend Option of the Scheme, Motilal Oswal Dynamic Fund (MOFDYNAMIC), an open ended dynamic asset allocation fund as under:

Motilal Oswal Dynamic Fund

*Dividend Distribution Tax and other statutory levy (if any) shall also be paid out of such distributable surplus.

** Or immediately following Business Day, if that day is not a Business Day.

Pursuant to payment of dividend, the NAV of the Dividend Option of the above mentioned Plans of the Scheme will fall to the extent of payout and statutory levy (if applicable).

The above dividend is subject to the availability of distributable surplus and may be lower to the extent of distributable surplus available on the Record Date.

In case the distributable surplus is less than the quantum of dividend on the record date / ex-dividend date, the entire available distributable surplus in the scheme / plan will be declared as dividend.

Dividend will be paid to those Unitholders / Beneficial Owners whose names appear in the Register of Unit holders maintained by the Mutual Fund / statement of beneficial ownership maintained by the Depositories, as applicable, under the Dividend Option of the aforesaid plans of the Scheme as on the record date.

2. Notice cum Addendum to the Statement of Additional Information of Motilal Oswal Mutual Fund:

Resignation of Head of Research and Key Personnel of Motilal Oswal Asset Management Company Limited (MOAMC)

NOTICE is hereby given to the investors that Mr. Aditya Makharia, Vice President - Head of Research and Key Personnel of the Company has resigned from the services of the Company and ceased to be the key personnel of the company from the close of business hours of January 8, 2019.

Pursuant to above, necessary changes will be carried out at relevant places in the Statement of Additional Information (SAI) of Motilal Oswal Mutual Fund (MOMF). All other contents of the SAI of MOMF will remain unchanged.

This notice cum addendum forms an integral part of the SAI of MOMF as amended from time to time.

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

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