Motilal Oswal’s New Thematic Mutual Fund: Digital India Fund

Fund Overview

The Motilal Oswal Digital India Fund, an open-ended equity scheme, is the latest offering from Motilal Oswal Mutual Fund, focusing on the digital space. The fund aims to leverage the growth potential of the technology sector and related industries, such as telecom, media, entertainment, and ancillary sectors. This thematic fund is ideal for investors seeking long-term capital appreciation by predominantly investing in digital and technology-related companies.

Fund Name and Category

• Fund Name: Motilal Oswal Digital India Fund
• Category: Thematic Fund focusing on digital and technology sectors.

Fund Objective

The primary investment objective of the Motilal Oswal Digital India Fund is to generate long-term capital growth by investing predominantly in equities and equity-related instruments of digital and technology-driven companies. These include companies engaged in or leveraging digitization, such as software, telecom, hardware, media, internet, and e-commerce firms. However, there is no assurance that the fund will achieve its stated objective.

Fund Manager

The fund will be managed by a team of experienced professionals:

1. Ajay Khandelwal – Fund Manager of Motilal Oswal Small Cap Fund, among others. He brings over 13 years of experience in fund management and research.
2. Niket Shah – Fund Manager of various funds like Motilal Oswal Midcap Fund. He has 13 years of overall experience in the financial sector.
3. Santosh Singh – CA, CFA, with over 15 years of experience, previously Head of Research at Haitong International Securities Ltd.

Benchmark Index

The fund’s performance will be benchmarked against the BSE Teck Total Return Index (TRI). This index is relevant for evaluating the fund’s performance as it primarily invests in technology and technology-dependent sectors, aligning well with the objectives of the Digital India Fund.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.