Motilal Oswal Mutual Fund files offers document for Value Fund
Motilal Oswal Mutual Fund has filed offer document with SEBI to launch an open-ended equity scheme named ‘Motilal Oswal Value Fund'. The offer rate is Rs 10 per unit. Entry load will be nil and Exit load will be 1%, If redeemed on or before 15 days from the date of allotment; and Nil if redeemed after 15 days from the date of allotment. The Scheme offers Growth and IDCW option for investment and minimum target subscription amount for the Scheme to be raised is Rs 10 crore.

The performance of the scheme will be benchmarked by Nifty 500 TRI. The minimum application amount is Rs 500 and in multiples of Re. 1 thereafter.

The investment objective of the scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments by following a value investment strategy