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Temporary suspension of subscription in Overseas schemes of Motilal Oswal Mutual FundInsights

Temporary suspension of subscription in Overseas schemes of Motilal Oswal Mutual FundInsights

admin by admin
March 17, 2023
in Business
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Motilal Oswal mutual funds has quickly stopped recent lumpsum investments and new STP registrations in the below-mentioned schemes efficient March 10, 2023. 

  • Motilal Oswal S&P 500 Index Fund –  SP GD AND SP GP
  • Motilal Oswal MSCI EAFE High 100 Choose Index Fund –  MSGD AND MS GP
  • Motilal Oswal Nasdaq 100 Fund of Fund –  N1 GD AND N1 GP

This determination has been taken with the intention to keep away from breaching the headroom out there for abroad funding restrict imposed by SEBI on investments made by mutual fund schemes into abroad funds and securities. 

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Nonetheless, recent and present SIP/SWP installments is not going to be affected. You possibly can view the total addendum of the AMC by clicking the button given beneath.

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Tags: FundInsightsMotilalMutualOswalOverseasSchemessubscriptionsuspensionTemporary
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