Motilal Oswal Introduces New Business Cycle Fund to Navigate Market Trends
Aug 07, 2024
Motilal Oswal Mutual Fund has launched Motilal Oswal Business Cycle Fund
It is an open-ended equity scheme following business cycles based investing theme.
The investment objective is to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies by investing with a focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles. However, there can be no assurance that the investment objective of the scheme will be realized.
Under normal circumstances, Motilal Oswal Business Cycle Fund will hold an allocation of 80% to 100% in Equity & Equity related instruments selected on the basis of business cycle theme, 0% to 20% Equity & Equity related instruments of Other than above, 0% to 20% Debt and Money Market instruments (including cash and cash equivalents), 0% to 10% in Units issued by REITs and InvITs and 0% to 5% in Units of Mutual Funds.
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Motilal Oswal Business Cycle Fund will aim to provide long-term capital appreciation by investing predominantly in equity and equity related securities with focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles.
Different sectors can have different performances across time frames, relative to the benchmark. The scheme would aim to take active allocation preferring leading sectors (sectors expected to outperform the broader market) based on the stage of the business cycle in the economy. As a result, the portfolio may be absent from certain sectors from time to time.
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.
Motilal Oswal Business Cycle Fund is benchmarked against the Nifty 500 TRI
Motilal Oswal Business Cycle Fund will be managed by Mr Ajay Khandelwal, Mr Niket Shah, Mr Santosh Singh, Mr Atul Mehra, Mr Rakesh Shetty (for debt portion) and Mr Sunil Sawant (for overseas).
SBI Innovative Opportunities Fund is open for subscription from August 07, 2024 to August 21, 2024. The fund will reopen for continuous sale and repurchase within 5 business days.
The fund offers Direct Plan and Regular Plan. Under each plan the fund offers Growth option and Income Distribution cum Capital Withdrawal.
The minimum subscription amount is Rs 500/- and in multiples of Re. 1 thereafter.