MUTUAL FUNDS
Motilal Oswal Mutual Fund files offer document for Large and Midcap Fund
Feb-15-2019

Motilal Oswal Mutual Fund has filed offer document with SEBI to launch an open-ended equity scheme named ‘Motilal Oswal Large and Midcap Fund'. The New Fund Offer price is Rs 10 per unit. Entry load will be nil and Exit load will be 1% - If redeemed on or before 15 days from the date of allotment, and Nil - If redeemed after 15 days from the date of allotment. The scheme offers dividend and growth options and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked by BSE 200 TRI. The minimum application amount for initial purchase is Rs 500 and Re 1 thereafter.

The investment objective of the scheme is to provide medium to long-term capital appreciation by investing primarily in Large and Midcap stocks.

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