Motilal Oswal Mutual Fund files four passive funds and one actively managed quantative fund
Among these offerings are four index funds meticulously crafted to mirror specific Nifty Mid-Small indices.
Motilal Oswal Mutual Fund has submitted the needed paperwork to the Securities Exchange Board of India (SEBI) to launch five new mutual fund options. They hope to meet the varied needs and preferences of investors. These upcoming funds will include both index funds and an actively managed quantitative fund. This gives investors chances to explore different sectors and investment approaches.
Among these offerings are four index funds meticulously crafted to mirror specific Nifty MidSmall indices. Motilal Oswal Nifty MidSmall Financial Services Index Fund, Nifty MidSmall Healthcare Index Fund, Nifty MidSmall IT and Telecom Index Fund, each index fund targets capturing the essence of its respective sector. Investors can dive into segments like financial services, healthcare, IT & telecom, and consumption, exploring potential growth avenues in Mid-Cap and Small-Cap stocks.
Adding to the mix is the actively managed Motilal Oswal Quant Fund, which adopts a quantitative investment approach for stock selection. This fund is on a mission for medium to long-term capital appreciation through strategic investments in equity and equity-related instruments. Its performance will be closely monitored against the NIFTY 500 Index TRI, offering investors a reliable benchmark to gauge its returns.
For investors' convenience, both regular and direct plans will be available, with growth options offered in each. The entry barrier is kept low, with a minimum investment amount and minimum SIP (Systematic Investment Plan) investment amount set at Rs 500, allowing investors of varying budgets to participate.
Motilal Oswal Mutual Fund has expanded its offerings to give investors more choices that fit their needs. Investors can now pick from index funds for a passive approach or funds using quantitative methods for active management. These new options aim to help investors diversify their portfolios and potentially improve their long-term returns.
Disclaimer: The article is for informational purposes only and not investment advice.