Motilal Oswal Asset Management Company Ltd. (MOAMC) is a public limited company incorporated under the Companies Act, 1956 on November 14, 2008, having its Registered Office at 10th Floor, Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai - 400025.
Motilal Oswal Asset Management Company Ltd. has been appointed as the Investment Manager to Motilal Oswal Mutual Fund by the Trustee vide Investment Management Agreement (IMA) dated May 21, 2009, executed between Motilal Oswal Trustee Company Ltd. and Motilal Oswal Asset Management Company Ltd.
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NAV
MOSt Focused Dynamic Equity - Direct Plan – Annually Dividend - 11.5226MOSt Focused Dynamic Equity - Direct Plan – Quarterly Dividend - 11.4672MOSt Focused Dynamic Equity - Regular Plan – Annually Dividend - 11.4005MOSt Focused Dynamic Equity - Regular Plan – Quarterly Dividend - 11.3175MOSt Focused 25 Fund- Direct Plan (D) - 18.1722MOSt Focused 25 Fund- Direct Plan (G) - 21.5953MOSt Focused 25 Fund-(D) - 17.0377MOSt Focused 25 Fund-(G) - 20.3456MOSt Focused Long Term (D) - 15.8581MOSt Focused Long Term (G) - 16.419MOSt Focused Long Term- Direct Plan(D) - 16.4511MOSt Focused Long Term- Direct Plan(G) - 17.0146MOSt Focused Midcap 30- Direct Plan(D) - 23.1861MOSt Focused Midcap 30- Direct Plan(G) - 26.3786MOSt Focused Midcap 30(D) - 22.1661MOSt Focused Midcap 30(G) - 25.29MOSt Focused Multicap 35- Direct Plan(D) - 25.1374MOSt Focused Multicap 35- Direct Plan(G) - 25.4474MOSt Focused Multicap 35(D) - 24.3416MOSt Focused Multicap 35(G) - 24.6519MOSt Ultra Short Term Bond Fund-Direct Plan-Fortnightly Dividend Option - 10.0176MOSt Ultra Short Term Bond Fund-Direct Plan-Monthly Dividend Option - 10.0414MOSt Ultra Short Term Bond Fund-Direct Plan-Quarterly Dividend Option - 10.0624MOSt Ultra Short Term Bond Fund-Direct Plan-Weekly Dividend Option - 10.0096MOSt Ultra Short Term Bond Fund-Regular Plan-Fortnightly Dividend Option - 10.0167MOSt Ultra Short Term Bond Fund-Direct Plan- Growth - 13.2221MOSt Ultra Short Term Bond Fund-Direct Plan-Daily Dividend Option - 10.0056MOSt Ultra Short Term Bond Fund-Regular Plan- Growth - 12.9287MOSt Ultra Short Term Bond Fund-Regular Plan-Daily Dividend Option - 10.015MOSt Ultra Short Term Bond Fund-Regular Plan-Monthly Dividend Payout - 10.0397MOSt Ultra Short Term Bond Fund-Regular Plan-Quarterly Dividend Payout - 10.0685MOSt Ultra Short Term Bond Fund-Regular Plan-Weekly Dividend Option - 10.0103Motilal Oswal Most Focused Dyn Eq Fund (G) - 11.4005Motilal Oswal Most Focused Dyn Eq Fund-Dir (G) - 11.5226

5 Key steps to build and manage a contingency fund

A contingency or emergency fund is practically a reservoir of money kept aside to cover up for unforeseen circumstances or future expenditure. Because of uncertainties in our existence, we might have to face them with monetary assistance. Often, one might not be sure on how to build a contingency fund or how much to allocate in one. Read 5 Key steps to build and manage a contingency fund;

Stack it safe

For those who are intending to build a contingency fund must ensure that their contingency fund should be separate from your existing bank accounts. This would help in curbing the urge to utilise you contingency money. Don’t keep all the money in a savings account. You could also consider a flexi-deposit that banks offer. This will give you a rate of interest higher than the savings account but provide you with the liquidity. Also consider parking a portion of it in a liquid or short-term debt fund.

Track and pack the trash and build your stash

Our contingency fund usually constitutes of our savings which are a part of our income. Adding a part of our savings to our contingency fund is a monthly affair, however, it’s always a plus-point if we can add some more to it. To make this happen, one can get rid of the old things at home, for instance; old clothes, furniture etc., biting the dust by selling them and discontinuing the services that are not being used since a while and then contributing the money earned to their contingency fund. You can also track your expenses in the upcoming months and review if they are needed further or not and if not; you could use that money in your plan to build a contingency fund. This is also a way in which one can bolster their finances. 

Calibrate to make it last late

When building a contingency fund, one must adhere to a time-frame. This is to ensure that one has adequate funds that will last during a rough patch. Since emergencies are usually heavy on the pocket and can last longer than expected; one should have enough in their repository so it could last longer and serve as a support during perilous times. Ideally, one must have enough money in their funds so it could last for a minimum of six months and cover all your requirements. 

Invest to benefit the best

If you are an investor in equity-oriented mutual fund schemes, and want to take advantage of it to build and manage your contingency fund, you can plough your assets into Equity-Linked Savings Scheme (ELSS) which allows the investor for a tax exemption of Rs. 1.5 lakh under section 80C of the Income Tax Act.* So, you can actually save some part of your tax payment and use it to build your contingency fund. 

Virtues of Discipline and Patience

These two are very important ingredients to achieve anything in life. Considering contingency fund planning to be an important financial goal, these two virtues should be religiously followed under all circumstances. Just like investing in any other mutual fund scheme that requires time for your money to multiply, building a contingency fund too, requires time. The only difference is that in any investment, there is a potential for your money to grow while building a contingency fund, your money does not grow but gets accumulated. Also, one must ensure discipline to look up to the contingency fund only as a last resort during emergencies and not to satiate whims and fancies.

However with time, discipline and patience, you can grow your contingency fund that can help you during your moments of need


*Investors are advised to consult their tax advisor in view of individual nature of tax benefits. Further, Tax deduction(s) available u/s 80C of the Income Tax Act, 1961 is subject to conditions specified therein. Investors are requested to note that fiscal laws may change from time to time and there can be no guarantee that the current tax position may continue in the future.

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Disclaimer:The information herein alone is not sufficient and should not be used for the development or implementation of an investment strategy and shall not constitute as an investment advice. MOAMC shall not be liable for any direct or indirect loss arising from the use of any information contained in this document. Readers shall be fully responsible for any decision taken on the basis of this document. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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