Motilal Oswal AMC launches MOSt Focused Multicap 35 Fund
Motilal Oswal Asset Management Company Ltd. announces the launch of Motilal Oswal MOSt Focused Multicap 35 Fund, an open ended diversified equity scheme. It seeks to achieve long term capital appreciation by primarily investing in a maximum of 35 equity & equity related instruments across sectors and market-capitalization levels.
- (1888PressRelease) April 11, 2014 - Mumbai - Speaking at the launch, Mr. Aashish Somiyaa, Managing Director & CEO, Motilal Oswal AMC said, "In the long run we have always seen alternating cycles of outperformance between large cap, mid cap and small cap stocks. From that perspective MOSt Focused MultiCap 35 Fund becomes an ideal core holding proposition in an investor's equity portfolio allocation. Motilal Oswal AMC is a highly focused and competency based specialist equity house with a well articulated BUY RIGHT: SIT TIGHT investment philosophy and this is our third and final open ended equity offering. We will run a total of three equity funds only and scale them to respectable size through retail investor's allocation."
The fund will allocate minimum of 65% to equities and maximum of 35% in Debt / Money Market instruments. The Fund may also invest in foreign securities upto 10% of total net assets. The fund will pursue a 'BUY RIGHT : SIT TIGHT' Strategy to stock picking and will aim to reflect the best investment ideas at all times for better returns
The minimum investment amount during the NFO is Rs 5000 and in multiples of Rs 1 thereafter. The New Fund Offer (NFO) will be open for subscription from 7 April 2014 to 17 April 2014.
The equity component of this fund will be managed by Mr. Taher Badshah, Senior Vice President & Head of Equities of Motilal Oswal AMC.
MOSt Focused Multicap 35 would endeavor to construct a portfolio that the product is best suited for long and medium term investment. The fund would do a 360 degree view of the company to identify competitive advantage.
About Motilal Oswal Asset Management Company
Motilal Oswal Asset Management Company is registered with SEBI as the Investment Manager to Motilal Oswal Mutual Fund It was incorporated on November 14, 2008. MOAMC is a 100% subsidiary of Motilal Oswal Securities Limited.
About Motilal Oswal Financial Services Limited
Motilal Oswal Financial Services Ltd. (NSE: MOTILALOFS, BSE: 532892, BLOOMBERG: MOFS IN) is a well-diversified, financial services company focused on wealth creation for all its customers, such as institutional, corporate, HNI and retail. Its services and product offerings include wealth management, retail broking and distribution, institutional broking, asset management, investment banking, private equity, commodity broking and principal strategies. The company distributes these products through 1,546 business locations spread across 519 cities and the online channel to over 792,858 registered customers. MOFSL has strong research capabilities, which enables them to identify market trends and stocks with high growth potential, facilitating clients to take well- informed and timely decisions. MOFSL has been ranked by various polls such as the Best Local Brokerage 2005, Most Independent Research - Local Brokerage 2006 and Best Overall Country Research - Local Brokerage 2007 in Asia Money Brokerage Polls for India.
MOSL won 4 awards in the ET-Now Starmine Analyst Awards 2010-11, placing it amongst the Top-3 award winning brokers, was ranked No. 2 by AsiaMoney Brokers Poll 2010 in the Best Local Brokerage Category and won the 'Best Market Analyst' Award for 2 sectors at the India's Best Market Analyst Awards 2011. MOFSL won the 'Best Capital Markets and Related NBFC' award at the CNBC TV18 Best Banks and Financial Institutions Awards 2011. MOSL also won the 'Best Equity Broking House' award for FY11 at the Dun & Bradstreet Equity Broking Awards 2011. MOSL won the 'Best Performing National Financial Advisor Equity Broker' award at the CNBC TV18 Financial Advisor Awards 2013, for the 3rd year in a row.
MOSL won 'Best Equity Broker' award at Bloomberg UTV Financial Leadership Awards 2012, 'Retailer of the Year (Banking & Financial Services) award at Retail Excellence Awards 2012, and was ranked 2nd in the "Best Overall Brokerage" category by Asia Money in 2011. Motilal Oswal Private Equity won 'Best Growth Capital Investor-2012' award at the Awards for Private Equity Excellence 2013. MOSL was adjudged amongst the Top 20 innovators in BFSI for 'Leveraging on technology in enhancing customer experience' at the Banking Frontiers Finnoviti Awards 2012, and won the 'Quality Excellence for Best Customer Service Result' award at National Quality Excellence Awards 2013.
This product is suitable for investors who are seeking*
• Long-term capital growth
• Investment in a maximum of 35 equity and equity related instruments across sectors and market-capitalization levels
• High risk (BROWN)
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Note: Risk is represented as:
(BLUE) investors understand that their principal will be at low risk (YELLOW) investors understand that their principal will be at medium risk (BROWN) investors
understand that their principal will be at high risk Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
For more information please contact:
Alpesh Nakrani / Anirudh Rajan
Paradigm Shift Public Relations
Mob: +91 9869121167 / +91 9892343828
Tel: +91 22 22813797 / 98 Mr. Hari Krishnan
Motilal Oswal Asset Management Company Ltd
Mob: +91 9820520392
Ph: +91 22 39825500
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