A new index fund offer from Motilal Oswal

Motilal Oswal Mutual Fund
Scheme Name Motilal Oswal S&P 500 Index Fund (MOFSP500)
Objective of Scheme The Scheme seeks investment return that corresponds to the performance of S&P 500 Index subject to tracking error. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Scheme Type Open Ended
Scheme Category Other Scheme – Index Funds
New Fund Launch Date 15-Apr-2020
New Fund Earliest Closure Date 23-Apr-2020
New Fund Offer Closure Date 23-Apr-2020
Minimum Subscription Amount Rs. 500/- and in multiples of Re.1/-
For Further Details Please Visit Website www.mostshares.com and www.motilaloswalmf.com

Source from: www.amfiindia.com

Mutual Funds Based on Asset Class

Index Fund: These are funds that invest in instruments that represent a particular index on an exchange so as to mirror the movement and returns of the index e.g. buying shares representative of the BSE Sensex.

Mutual Funds Based on Structure

Open-Ended Funds: These are funds in which units are open for purchase or redemption through the year. All purchases/redemption of these fund units are done at prevailing NAVs. Basically these funds will allow investors to keep invest as long as they want. There are no limits on how much can be invested in the fund. They also tend to be actively managed which means that there is a fund manager who picks the places where investments will be made. These funds also charge a fee which can be higher than passively managed funds because of the active management. They are an ideal investment for those who want investment along with liquidity because they are not bound to any specific maturity periods. Which means that investors can withdraw their funds at any time they want thus giving them the liquidity they need.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News & Article

Financial Advisory Services at Your Door Step.

If your occcupied don't have time to plan your financial investment we are here to guide.