Motilal Oswal Mutual Fund Launched Motilal Oswal Manufacturing Fund

Motilal Oswal Mutual Fund has launched a new open-ended equity scheme named Motilal Oswal Manufacturing Fund. The investment objective of this thematic fund is to achieve long-term capital appreciation by investing in equity and equity-related instruments of companies engaged in manufacturing activities. The new fund offering opened on July 19, 2024, and will close on August 2, 2024. There is no entry load but an exit load of 1% applies if redeemed within 3 months from the date of allotment. The minimum subscription amount is Rs 500

Investment Objective

The investment objective of Motilal Oswal Manufacturing Fund is to achieve long-term capital appreciation by predominantly investing in equity and equity-related instruments of companies engaged in manufacturing activity. However, there can be no assurance that the investment objective of the scheme will be realized.

This NFO of Motilal Oswal Manufacturing Fund is suitable for investors who are seeking long-term capital appreciation. Investing in equity and equity-related securities of companies engaged in manufacturing themes.

Risk-o-meter:

Funds Allocation

Benchmark

The performance of the Motilal Oswal Manufacturing Fund will be benchmarked to the performance of Nifty India Manufacturing TRI.

Fund Managers

Ajay Khandelwal

Ajay has a 14 years’ experience in fund management and research related activity. Prior to joining Motilal Oswal Asset Management Company Limited he has worked with Canara Robeco Asset Management Company Limited handling Small Cap Fund.

Niket Shah

Niket has 14 years of overall experience. Motilal Oswal Asset Management Company Ltd.– Vice President – Associate Fund Manager. Motilal Oswal Securities Ltd. – Head of Midcaps Research. Edelweiss Securities Ltd – Research Analyst – Midcaps. Religare Capital Markets Ltd – Associate Research Analyst – Midcaps

Santosh Singh

Mr. Singh has an overall experience of over 16 years. Mr. Singh was associated with Haitong International Securities Ltd. as Head of Research and Lead Analyst from 2015 to 2018 (years), where he was responsible for Research product and overall Research strategy. He was also associated with SG Asia Holdings as analyst from 2014 to 2015 years and also with Espirito Santo Securities as Lead analyst from 2007 to 2014 and so on. Mr. Singh was ranked No.1 analyst in India in the Asia money polls for insurance sector continuously for three years from 2015 to 2017.

Atul Mehra

Atul has over 16 years of overall experience. Motilal Oswal Asset Management Company Ltd – Senior Vice-president – Fund Manager – PMS and AIFs. (2013 – present) Edelweiss Capital Ltd – Research Analyst (2008-13)

Rakesh Shetty Fund Manager – Debt Component

He has more than 15 years of overall experience and expertise in trading in equity, debt segment, Exchange Trade Fund’s management, Corporate Treasury and Banking. Prior to joining Motilal Oswal Asset Management Company Limited, he has worked with Company engaged in Capital Market Business wherein he was in charge of equity and debt ETFs, customized indices and has also been part of product development

Peer Mutual Fund Schemes 

Data as of July 18, 2024

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.