| Motilal Oswal Mutual Fund | |
| Scheme Name | Motilal Oswal Multi Asset Fund (MOFMAF) |
| Objective of Scheme | The investment objective is to generate long term capital appreciation by investing in a diversified portfolio comprises of Equity, International Equity Index Funds/ Equity ETFs, Debt and Money Market Instruments and Gold Exchange Traded Funds. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved. |
| Scheme Type | Open Ended |
| Scheme Category | Hybrid Scheme – Multi Asset Allocation |
| New Fund Launch Date | 15-Jul-2020 |
| New Fund Offer Closure Date | 27-Jul-2020 |
| Indicate Load Separately | Entry Load: Nil Exit Load: 1%- If redeemed on or before 3 months from the date of allotment. Nil- If redeemed after 3 months from the date of allotment. For details on load structure, please refer to Section on Load Structure in this Document. |
| Minimum Subscription Amount | Rs. 500/- and in multiples of Re. 1/- thereafter. |
| For Further Details Please Visit Website | www.motilaloswalmf.com |
Source from: www.amfiindia.com
Mutual Funds Based on Asset Class
Hybrid Fund: Is an investment fund that is characterized by diversification among two or more asset classes. These funds typically invest in a mix of stocks and bonds. They may also be known as asset allocation funds.
Types of 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.
