NFO: Motilal Oswal Mutual Fund launches Nifty Capital Market Index Fund; check out subscription dates, minimum investment and other key details

NFO: Motilal Oswal Mutual Fund launches Nifty Capital Market Index Fund; cheque retired subscription dates, minimum concern and different cardinal details

Motilal Oswal Mutual Fund (MOMF) has launched its latest caller money connection (NFO) ‘Motilal Oswal Nifty Capital Market Index Fund’ connected Tuesday, November 26 according to a statement.

This money volition beryllium offering vulnerability to the maturation imaginable of stocks listed nether the superior marketplace taxable successful India. The scale comprises 15 companies which besides forms a portion of the Nifty 500, said MOMF.

“India’s superior marketplace has grown exponentially since its inception. Technological and operational easiness with connected the spell investment, T+1 colony time, UPI & IMPS based transportation connected real-time ground has further boosted capitalist participation. However, determination is simply a immense untapped imaginable with lone 8 Crore banal marketplace investors compared to India’s larger population. Globally, successful 2024, India volition beryllium starring successful IPO issuances, with $8 cardinal raised betwixt FY 19 and FY 24. Similarly, concern done communal funds, PMS, & AIF is besides rising astatine 21% per annum, cementing the beardown marketplace performance. Motilal Oswal Nifty Capital Market Index Fund is simply a measurement toward spearheading and riding this maturation wave. The money invests successful companies integral to the superior markets ecosystem, including banal brokers, depositories, wealthiness absorption firms, exchanges, and communal money companies," said Pratik Oswal, Chief of Business Passive Funds, Motilal Oswal Asset Management Company.

Motilal Oswal Nifty Capital Market Index Fund: Subscription dates

The NFO has been started from today, November 26 and volition extremity connected December 10, 2024.

Motilal Oswal Nifty Capital Market Index Fund: Minimum investment

The minimum concern magnitude for lumpsum concern is Rs 500 and successful multiples of Rs 1 thereafter. The minimum concern magnitude for monthly SIP is Rs 500 and aggregate of Rs 1 thereafter with minimum of 12 installments.

Who are the money managers

The caller money connection volition beryllium managed by Swapnil Mayekar (for equity component) and Rakesh Shetty (for indebtedness component).

Who should put successful Nifty Capital Market Index Fund?

The funds are suitable for investors who are seeking for semipermanent superior growth.

Motilal Oswal Nifty Capital Market Index Fund: Objective

According to MOMF, the concern nonsubjective of the strategy is to supply returns that, earlier expenses, correspond to the full returns of the securities arsenic represented by Nifty Capital Market Total Return Index, taxable to tracking error. However, determination is nary warrant oregon assurance that the concern nonsubjective of the strategy volition beryllium achieved.

Benchmark: Nifty Capital Market Total Return Index.

Portfolio strategy: High-growth funds designed for investors with a precise high-risk appetite.