Motilal Oswal Mutual Fund has announced change in exit load structure under the following schemes, with effect from August 7, 2020.
The revised exit load will be:
Motilal Oswal Nifty 500 Fund, Motilal Oswal Nifty Bank Index Fund, Motilal Oswal Nifty Midcap 150 Index Fund, Motilal Oswal Nifty Smallcap 250 Index Fund, Motilal Oswal S&P 500 Index Fund, Motilal Oswal Nifty 50 Index Fund & Motilal Oswal Nifty Next 50 Index Fund:
1% - If redeemed on or before 15 days from the date of allotment.
Nil – If redeemed after 15 days from the date of allotment.