| Motilal Oswal Mutual Fund | |
| Scheme Name | Motilal Oswal Asset Allocation Fund of Fund- Aggressive |
| Objective of Scheme | To generate long term growth/capital appreciation by offering asset allocation investment solution that predominantly invests in passive funds such as ETF/Index Funds of equity and equity related instruments (domestic as well as international), fixed income and Gold. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved. |
| Scheme Type | Close Ended |
| Scheme Category | Fund of Funds – Domestic |
| New Fund Launch Date | 19-Feb-2021 |
| New Fund Earliest Closure Date | 05-Mar-2021 |
| New Fund Offer Closure Date | 05-Mar-2021 |
| Minimum Subscription Amount | Rs.100,000,000.00 |
| For Further Details Please Visit Website | www.motilaloswalmf.com |
| Motilal Oswal Mutual Fund | |
| Scheme Name | Motilal Oswal Asset Allocation Fund of Fund- Conservative |
| Objective of Scheme | To generate long term growth/capital appreciation by offering asset allocation investment solution that predominantly invests in passive funds such as ETF/Index Funds of equity and equity related instruments (domestic as well as international), fixed income and Gold |
| Scheme Type | Close Ended |
| Scheme Category | Fund of Funds – Domestic |
| New Fund Launch Date | 19-Feb-2021 |
| New Fund Earliest Closure Date | 05-Mar-2021 |
| New Fund Offer Closure Date | 05-Mar-2021 |
| Minimum Subscription Amount | Rs.100,000,000.00 |
| For Further Details Please Visit Website | www.motilaloswalmf.com |
Source from: www.amfiindia.com
Mutual Funds Based on Asset Class
Fund of Funds: These funds are invest in other mutual funds and returns depend on the performance of the target fund. These funds can also be referred to as multi manager funds. These investments can be considered relatively safe because the funds that investors invest in actually hold other funds under them, thereby adjusting for risk from any one fund.
Mutual Funds Based on Structure
Close-Ended Funds: These are funds in which units can be purchased only during the initial offer period. Units can be redeemed at a specified maturity date. To provide for liquidity, these schemes are often listed for trade on a stock exchange. Unlike open ended mutual funds, once the units or stocks are bought, they cannot be sold back to the mutual fund, instead they need to be sold through the stock market at the prevailing price of the shares.
