BMA Wealth
Download Mobile Trading App
Motilal Oswal Liquid Fund Floats On
(12:15, 05 Dec 2018)
Motilal Oswal Mutual Fund has launched a new fund named as Motilal Oswal Liquid Fund, an open ended liquid scheme. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 11 December to 18 December 2018.

The investment objective of the Scheme is to generate optimal returns with high liquidity to the investors through a portfolio of money market securities.

The scheme has two plans: regular plan and direct plan, each plan offers growth option.

The scheme would allocate upto 100% of assets in CBLO, Treasury Bills, Cash Management Bills and Commercial Deposits of Scheduled Commercial Banks having maturity upto 91 days only with low risk profile.

The minimum application amount is Rs 500 and in multiples of Re. 1/- thereafter.

The minimum additional amount is Rs 500 and in multiples of Re. 1/- thereafter.

The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme during the NFO period.

Entry & Exit load: Nil

Benchmark Index for the scheme is CRISIL Liquid Fund Index

The fund manager of the scheme is Abhiroop Mukherjee.

Powered by Capital Market - Live News

  • Investors can lodge their complaints at   SCOREs Portal
  • SEBI Regn. No : NSE: INZ000184733 | NSE FO : INZ000184733 | NSE CD: INZ000184733 | BSE: INZ000184733 | NCDEX : INZ000082232 |
    MCX : INZ000082232
  • Copyright © 2016 BMA WEALTH CREATORS LTD. All rights reserved Designed, developed & powered by C-MOTS Infotech (ISO 9001:2015 certified)