Motilal Oswal NFO (New Fund Offer): Motilal Oswal Liquid Fund (MOFLF)
Motilal Oswal NFO named “Motilal Oswal LiquidFund (MOFLF)” is being offered from 11-Dec-2018 to 18-Dec-2018. According to Motilal Oswal Mutual Fund, this product is suitable for investors who are seeking:-
- Regular income over short term, and
- Investment in money market securities.
Motilal Oswal NFO Offer
|Name of the Scheme||Motilal Oswal Liquid Fund (MOFLF)|
|Fund House||Motilal Oswal Mutual Fund|
|Scheme Type||Open Ended Liquid Scheme|
|Scheme Category||Liquid Fund|
|Plans||Direct, Regular, Both offer Growth Option|
|NFO Unit Price||Rs 10 per unit|
|Minimum Investment||Rs 500|
|Investment Manager||Motilal Oswal Asset Management Company Limited|
Investment Objectives of the Schemes
The investment objective of the Scheme is to generate optimal returns with high liquidity to the investors through a portfolio of money market
Proposed Asset Allocation
According to the fund house, The asset allocation pattern of the Scheme would be as follows:
(% of total assets)
CBLO, Treasury Bills, Cash Management Bills and Commercial Deposits of Scheduled Commercial Banks having maturity upto 91 days only
0% – 100%
About Motilal Oswal Mutual Fund
Motilal Oswal Mutual fund is managed by Motilal Osawal Asset Management Company. It was incorporated in the year 2008 in Mumbai, Maharashtra. This company is promoted by Motilal Oswal Financial Services Limited, one of India’s leading financial services company. As of 30 September 2018, the total Asset under Management of the company is Rs 20,304.96 Crores.
Registered Address: 10th Floor, Motilal Oswal Tower, Rahimtullah Sayani Road, Opp. Parel ST Depot, Prabhadevi, Mumbai-400025.
Please click here to read the scheme related document.
Disclaimer: This post is just an information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor of necessary suggestions.
Tags: #NFO #Mutual Fund #New Mutual Fund #Motilal Oswal NFO #New Fund Offer