New Fund Offer Alert: Motilal Oswal's Services Fund

Overview of NFO

Fund Type: Open-ended equity scheme focused on the services sector.

Objective: Long-term capital appreciation by investing in companies deriving a majority of income from the services sector (IT, telecom, financials, healthcare, etc.).

Fund Managers: Ajay Khandelwal, Bhalchandra Shinde, Atul Mehra, Rakesh Shetty (Debt), Sunil Sawant (Overseas)

Key Features

Benchmark: Nifty Services Sector TRI- representative of key service-oriented sectors. This index has given a 5-year CAGR of 24.9% and a 10-year CAGR of 12.5%.

Exit load is 1% of NAV if redeemed within 90 days, Nil after 90 days from the date of allotment.

Minimum investment required is Rs 500/- and in multiples of Re. 1/- thereafter.

About AMC

Motilal Oswal Asset Management Company (MOAMC) is a part of the Motilal Oswal Financial Services group and is based in Mumbai. Known for its “QGLP” philosophy -Quality, Growth, Longevity, Price- MOAMC has a robust track record of active and passive fund management, with a wide range of mutual funds in equity, debt, and hybrid schemes. Motilal Oswal has a combined AUM of 1,29,497 Cr+ and 30+ experienced investment professionals and serves 73.46 lakhs+ client accounts through MF, PMS and AIF.

Disclaimer: This content is for educational purposes only; please conduct your own research and consult with a qualified investment advisor before making any investment decisions.

Research: Joshwa Joji

LinkedIn: http://linkedin.com/in/jjoji