Motilal Oswal Mutual Fund launches Motilal Oswal Developed Market Ex US ETFs Fund of Funds
Sep 18, 2023 by News Team
NFO period: 18th September – 21st September, 2023
Highlights of the NFO:
Scheme type – An open ended fund of funds scheme investing in units of global ETFs which track the performance of Developed Markets excluding US
Investment objective – The investment objective is to generate long term capital appreciation by investing in units of global ETFs which track the performance of Developed Markets excluding US, subject to tracking error, if any. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Product suitability – This product is suitable for investors who are seeking long term capital appreciation. To by investing in global ETFs which track the performance of Developed Markets ex-US.
Minimum Application Amount – First investment is Rs. 500/- and in multiple of Rs. 1/- thereafter
Plan/ Options available – Direct Plan and Regular Plan having Growth Option only.
Fund Manager – Mr. Ankush Sood and Mr. Rakesh Shetty
Benchmark – S&P Developed Ex-U.S. BMI Total Return Index