Motilal Oswal MF launches new open-ended equity scheme

Motilal Oswal Mutual Fund has launched a new open-ended diversified equity scheme - Most Focused Multicap 35 Fund.

The new scheme seeks to achieve long-term capital appreciation by primarily investing in a maximum of 35 equity and equity-related instruments across sectors and market capitalisation levels, a company release said.

The new fund offer, which opened for subscription from April 7, will close on April 17, 2014.

The scheme will allocate a minimum of 65 per cent to equities and a maximum of 35 per cent in debt or money market instruments.

It may also invest in foreign securities up to 10 per cent of total net assets, the company said.

"In the long run, we have always seen alternating cycles of out-performance between large-cap, mid-cap and small-cap stocks.

"From that perspective, this new scheme becomes an ideal core holding proposition in an investor's equity portfolio allocation," said Aashish Somiyaa, Managing Director and Chief Executive Officer, Motilal Oswal AMC.


  • Listing of exchanges, shareholder right will boost market fundamentals

    Capital market regulator Securities and Exchanges Board of India (Sebi) announced a milestone change in the Indian capital market at its Monday board


Stay informed on our latest news!


Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs


Sachin Shridhar

Pay well and ask no more

Well, the 7th pay co­mmission has done the obvious. One ...

Kuruvilla Pandikattu

Children, religion and altruism

It is assumed that religious families foster selflessness a­nd love ...

Dharmendra Khandal

For a lark, let's do something serious finally

It’s a sight to behold. As you drive through a ...


William D. Green

Chairman & CEO, Accenture