Motilal Oswal Digital India Fund NFO: Everything you need to know

18 Oct 2024 , 10:33 AM

Motilal Oswal Mutual Fund is launching NFO under its “Thematic Fund”, named as Motilal Oswal Digital India Fund. The open ended fund aims to generate long term growth of capital by predominantly investing in digital and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other companies engaged in or leveraging digitisation.

Investment strategy: The portfolio will essentially follow MOAMC’s QGLP philosophy; following Hi-Quality Hi-Growth Investing and invest in Quality businesses with high growth potential and with sufficient Longevity of that growth potential at an acceptable Price.

Asset allocation: The fund will invest in the portfolio of predominantly in Equity & Equity related instruments of technology driven companies engaged in the digitization space.

Who should invest?

Investors with very high risk appetite should invest in the Motilal Oswal Digital India Fund for 5 to 7 years.

Risk associated: Very high level of risk.

Benchmark: BSE Teck TRI

Fund Managers: Ajay Khandelwal, Niket Shah, Santosh Singh, Atul Mehra, Rakesh Shetty, Sunil Sawant

The NFO is available for subscription from October 11 to October 25. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is ₹500/- and in multiples of any amount thereafter.

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in Motilal Oswal Digital India Fund.