Motilal Oswal Mutual Fund launches Motilal Oswal Nasdaq 100 Fund of Fund (MOFN100FOF)

Mutual Fund
Nov 12, 2018 by Advisorkhoj Team | Mutual Fund | 7 Downloaded

NFO period: 09th November – 22nd November, 2018

Highlights of the NFO:

  • Scheme type – An open ended fund of fund scheme investing in Motilal Oswal Nasdaq 100 ETF

  • Investment objective – The investment objective of the scheme is to seek returns by investing in units of Motilal Oswal Nasdaq 100 ETF. 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 return that corresponds generally to the performance of the scheme, Motilal Oswal Nasdaq 100 ETF (MOFN100) through investment in units of MOFN100.

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

  • Plan/ Options available – Regular Plan and Direct Plan. Each plan offers Growth Option.

  • Fund Manager – Mr. Ashish Agrawal and Mr. Abhiroop Mukherjee

  • Benchmark – NASDAQ-100 Index

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

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