Motilal Oswal Mutual Fund has launched its open ended Motilal Oswal Equity Hybrid Fund (MOFEH), which aims to offer growth potential of equities with significantly lower volatility.
Motilal Oswal Equity Hybrid Fund is an open ended hybrid scheme investing predominantly in equity and equity related instruments. The NFO opens on August 24, 2018 and closes on September 7, 2018. The scheme is benchmarked against the CRISIL Hybrid 35+65 Aggressive TRI.
Motilal Oswal AMC will endeavour to keep the exposure restricted to a narrow band of 65%-70% in equity and the balance in debt. The fund will have a mixture of 65% -80% in equity, a multi-cap portfolio with large cap bias. The fund will have a bottom up stock picking approach.
The debt portion will consist around 20%-35% with an optimum mix of corporate bond and market instruments. It will be high quality short duration accrual instruments maintaining high liquidity; there is no intent to take credit or duration risk.
The fund also offers investors to opt for Motilal Oswal Cash Flow Plan (MO-CP). The plan enables investors to withdraw a regular sum from their investments at a fixed percentage of the original investments at a predefined frequency irrespective of the movement in market value of the investments. This is subject to availability of balance in the investors’ folio.
