Motilal Oswal Mutual Fund launches Active Momentum Fund; Do Not Miss this NFO
Motilal Oswal MF introduced the Motilal Oswal Active Momentum Fund on February 24. This is an open-ended thematic equity scheme whose objective is to generate long-term capital appreciation. This fund invests in stocks that have shown impressive past performance.
Understanding momentum investing
Momentum investing is the strategy of investing in stocks that have witnessed a strong performance in the past with the expectation that they may continue performing well in the future. In simpler words, they benefit from market trends by investing in stocks that are expected to keep performing well in the future. However, these funds can be riskier as they may also witness high market fluctuations compared to diversified equity funds.
Motilal Oswal Active Momentum Fund Details
- The Motilal Oswal Active Momentum Fund is open for subscription on Feb 24, 2025, and it will close on March 10, 2025.
- It offers two plans—Regular Plan and Direct Plan. The fund’s performance is measured against the Nifty 500 TRI benchmark.
- The minimum amount for investment is Rs.500, and in multiples of Rs.1 for additional investments.
- The exit load (withdrawal fee) is 1% if redeemed within 3 months. However, no exit load applies after three months.
Check out other NFOs open for Subscription
- Helios Mid Cap Fund
- Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
- Nippon India Active Momentum Fund
- DSP Nifty Private Bank Index Fund
- 360 ONE Gold ETF
Conclusion
It should be noted that before investing in the above mutual fund schemes, you should do your research carefully about the investments and invest in the scheme that aligns perfectly with your financial goals. Assess how much risk you are willing to take according to your financial situation. If you are new to investing, make sure you seek advice from an investment expert before making an investment.
