Motilal Oswal Large & Mid Cap Fund

Motilal Oswal Large & Mid Cap Fund

Motilal Oswal Large & Mid Cap Fund

Motilal Oswal Asset Management Company has launched its new fund offer. The NFO opens for subscription on 27th September and closes on Oct 11, 2019. The name of the NFO is Motilal Oswal Large & Mid Cap Fund. As of the source, the Motilal Oswal fund house said it will follow the Buy Right Sit Tight policy to hold equity stocks for a long period.

Motilal Oswal is one of the fastest-growing assets management companies in India. Equity mutual fund industry’s largest product segment is the combination of large and mid-cap funds. It offers high growth opportunities.

The scheme is suitable for investors who seek long-term capital appreciations.

Basic Details of Motilal Oswal Large & Mid-cap Fund

Motilal Oswal Large and Midcap Fund is a strong portfolio of around 20-25 stocks. It is an open-ended equity scheme investing in both large and mid-cap stocks. The scheme is available in both Regular and Direct plans with growth and dividend facilities.

Objects of the Scheme:

The main objective of the scheme is to provide medium to long-term capital appreciation by investing primarily in large and midcap stocks.

Minimum Amount:

One will need to invest a minimum of Rs 500 and in multiples of Re.1 thereafter for lumpsum investment method.

For SIP:
 SIP Frequency  Minimum Installment Amount  Number of Instalments  Choice of Day/Date
 Weekly
Rs. 500/ – and multiples of Re. 1/ – thereafter
Minimum – 12 Maximum – No Limit
Any day of the week
from Monday to Friday
 Fortnightly Rs. 500/ – and multiples of Re. 1/ – thereafter Min– 12 Max – No Limit
1st -14th, 7th-21st, and 14th -28th
 Monthly Rs. 500/ – and multiples of Re. 1/ – thereafter Min – 12 Max – No Limit
Any day of the month except for 29th, 30th or 31st
 Quarterly  Rs 1,500/- in multiple of Re. 1 thereafter Min – 4 Max – No Limit
Any day of the month for each quarter (i.e. January, April, July, October) except 29th, 30th or 31st
 Annual Rs 6,000/- in multiple of Re. 1 thereafter Min – 1 Max – No Limit
Any day or date of investor preference

The minimum additional investment is Rs 500 and in multiples of Re 1 thereafter.  The minimum redemption amount will be Rs 500.

Entry-Exit Charges

Entry load is nill for this scheme. As an exit load, investors will pay 1% if redeemed on or before 15 days from the date of allotment. Nill -If redeemed after 15 days from the date of allotment.

The scheme will manage by Aditya Khemani. Moreover, the debt portion will manage by Abhiroop Mukherjee. The performance of the offer will be benchmarked against BSE 200 TRI.

Asset Allocation Pattern

 Instruments  Allocations (% of total assets ) Minimum-Maximum  Risk Profile

High/Medium/Low

 Equity and Equity related instruments of large-cap companies  35  65  Medium to High
 Equity and Equity related instruments of mid-cap companies  35  65  Medium to High
 Equity and Equity related instruments of other than above  0  30  Medium to High
Units of liquid or debt schemes. Debt and money market instruments, G-Secs, Cash and Cash at call, etc  0  30  Low to medium
 Units issued by REITs and InvITs  0  30  Medium to High

The table is taken from the official site of SEBI. 

Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are regulated to market risk. Please read the offer document carefully and consult your investment adviser before investing in this NFO.

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  • […] Motilal Oswal AMC, an employee can invest in one of the three pure equity mutual fund schemes like Multi cap equity mutual fund, Mid-cap equity mutual fund or the Focused equity mutual fund […]

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