India, Feb. 19 -- Motilal Oswal Mutual Fund has launched a new Open Ended Growth scheme named "Motilal Oswal Active Momentum Fund" with maturity period of 0 days from the launch date.
The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Feb 24 to Mar 10, 2025.
According to the offer document filed with SEBI, the entry load is Nil and exit load is 1.
The minimum application amount is Rs 500.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth, IDCW, IDCW-Reinvestment.
The fund manager of the scheme will be Ajay Khandelwal, while the performance of the scheme will be benchmarked against NIfty 500 Total Return.
To achieve long term cap...