Get chance to earn additional money; invest from Rs 500 in this Mutual Fund NFO

Mutual Fund NFO Launch: The Motilal Oswal Mutual Fund has introduced a new thematic fund, the Motilal Oswal Manufacturing Fund, targeting investors seeking long-term capital growth. The New Fund Offer (NFO) will be open for investment from July 19 to August 2, 2024.

Investment Details

This open-ended equity scheme aims to achieve long-term capital growth by primarily investing in equity and equity-related instruments of companies involved in manufacturing activities. Investors can begin their investment journey with a minimum amount of Rs 500. The scheme's performance will be benchmarked against the Nifty India Manufacturing Total Return Index, focusing on a manufacturing portfolio of up to 35 stocks.

Who Should Invest?

This fund is designed for investors looking for long-term capital growth through a unique, high-conviction manufacturing portfolio. The fund will be managed by Niket Shah and Ajay Khandelwal, who aim to maintain a balanced portfolio with 80 per cent to 100 per cent exposure to each manufacturing stock.

Disclaimer: These details provide an overview of the NFO and do not constitute investment advice. Investments in mutual funds are subject to market risks. Please consult your financial advisor before investing.