Get chance to earn additional money; invest from Rs 500 in this Mutual Fund NFO
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.
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.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.