Motilal Oswal Precious Metals Fund of Fund – Motilal Oswal Mutual Fund(MOMF) files offer document with SEBI
Motilal Oswal Mutual Fund(MOMF) has filed offer document with SEBI to launch An open ended fund of funds scheme investing in units of gold and silver exchange traded funds.
The New Fund Offer price is Rs.10 per unit. The objective of the scheme is to generate returns by investing in units of Gold ETFs and Silver ETFs
“The fund manager for this scheme is Mr. Abhiroop Mukherjee”
“This product is suitable for investors who are seeking Long term capital appreciation
Return that corresponds generally to the performance of the underlying Schemes of Gold ETF and Silver ETF.”
“The scheme asset allocation will be Units of Units of Gold ETFs& Silver ETFs (95-100%)
Units of liquidScheme/debtschemes, Debtand Money Market Instruments (0-5%)”
The riskometer for this scheme is Moderately to High
| Name of Mutual Fund | Motilal Oswal Mutual Fund(MOMF) |
| Scheme Name | Motilal Oswal Precious Metals Fund of Fund |
| About Scheme | An open ended fund of funds scheme investing in units of gold and silver exchange traded funds |
| Offer of Unit | Rs.10 |
| Objective | to generate returns by investing in units of Gold ETFs and Silver ETFs |
| Name of Fund Manager | Mr. Abhiroop Mukherjee |
| This product is suitable for investors who are seeking | Long term capital appreciation Return that corresponds generally to the performance of the underlying Schemes of Gold ETF and Silver ETF. |
| The scheme asset allocation will be | Units of Units of Gold ETFs& Silver ETFs (95-100%) Units of liquidScheme/debtschemes, Debtand Money Market Instruments (0-5%) |
| Riskometer | Moderately to High |
| DRHP | Click here |