Know extra in regards to the newest New Fund Supply – Motilal Oswal Nifty 500 Fund – Common Plan-Progress, launched on 19th August 2019.
In regards to the fund:
Motilal Oswal Nifty 500 Fund is an open-ended scheme replicating/monitoring Nifty 500 Index. The scheme seeks an funding return that corresponds to the efficiency of the Nifty 500 Index topic to monitoring error. Nonetheless, there may be no assurance or assure that the funding goal of the scheme can be achieved.
- AMC Title: Motilal Oswal Asset Administration Firm Restricted
- Supply Value: ₹10 per unit
- Fund Supervisor: Mr Swapnil Mayekar
- Benchmark Index: Nifty 500 Index (TRI)
- Minimal Lumpsum Funding: ₹500 and in multiples of ₹1 thereafter
- Minimal SIP Funding:
- Weekly – ₹500/- and multiples of ₹1 thereafter
- Fortnightly – ₹500/- and multiples of ₹1 thereafter
- Month-to-month – ₹500/- and multiples of ₹1 thereafter
- Quarterly – ₹1,500/- and multiples of ₹1 thereafter
- Annual – ₹6,000/- and multiples of ₹1 thereafter
- Exit Load: 1% if redeemed on or earlier than 3 months from the date of allotment. Nil if redeemed after 3 months from the date of allotment.
- Open Date: nineteenth August 2019
- Shut date: thirtieth August 2019
Suitability & Riskometer:
In case you are all in favour of investing in an NFO, click on here to know the steps.
Mutual Fund investments are topic to market dangers, learn all scheme associated paperwork fastidiously.
That is an informational article and never any recommendation for funding. Please discuss to your advisor for taking an funding resolution.
Different articles you could like
Put up Views:
6,468
