Motilal Oswal Mutual Fund has launched a multi asset fund which will invest in a mix of equity (domestic and international), debt and gold. The NFO opens on July 15.
Indian Equities: Portfolio of large cap stocks selected based on Quality, Growth, Longevity and Price philosophy.
Debt and Money Market Instruments: AAA portfolio with a 3-5 year average maturity, heavy on G-Sec and SDL’s.
International Equities: Through an allocation to units of Motilal Oswal S&P 500 Index Fund.
Gold: Through units of a Gold ETF Fund.
The benchmark for the fund is 30% Nifty 50 TRI + 50 % Crisil Short Term Gilt Index + 10% Domestic Price of Gold + 10% S&P 500 Index (TRI) and investors can invest in the fund through lumpsum or SIP mode with minimum subscription of RS 500 during NFO and ongoing period.
