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.
Motilal Oswal Dynamic Fund (Div-A) - 10.6423Motilal Oswal Dynamic Fund (Div-Q) - 10.4544Motilal Oswal Dynamic Fund (G) - 11.3137Motilal Oswal Dynamic Fund-Dir (Div-A) - 10.7975Motilal Oswal Dynamic Fund-Dir (Div-Q) - 10.4308Motilal Oswal Dynamic Fund-Dir (G) - 11.7623Motilal Oswal Equity Hybrid Fund - Direct (G) - 9.7809Motilal Oswal Equity Hybrid Fund - Regular (G) - 9.551Motilal Oswal Focused 25 Fund - Direct (D) - 13.9557Motilal Oswal Focused 25 Fund - Direct (G) - 20.3295Motilal Oswal Focused 25 Fund (D) - 12.7594Motilal Oswal Focused 25 Fund (G) - 18.5173Motilal Oswal Large and Midcap Fund - Dir (D) - 7.9304Motilal Oswal Large and Midcap Fund - Dir (G) - 7.9304Motilal Oswal Large and Midcap Fund (D) - 7.8691Motilal Oswal Large and Midcap Fund (G) - 7.8691Motilal Oswal Liquid Fund - Direct (Div-D) RI - 10.0077Motilal Oswal Liquid Fund - Direct (Div-F) RI - 10.0066Motilal Oswal Liquid Fund - Direct (Div-M) - 10.0322Motilal Oswal Liquid Fund - Direct (Div-Q) - 10.0056Motilal Oswal Liquid Fund - Direct (Div-W) RI - 10.008Motilal Oswal Liquid Fund - Direct (G) - 10.701Motilal Oswal Liquid Fund - Regular (Div-D) RI - 10.0055Motilal Oswal Liquid Fund - Regular (Div-F) RI - 10.0062Motilal Oswal Liquid Fund - Regular (Div-M) - 10.032Motilal Oswal Liquid Fund - Regular (Div-Q) - 10.357Motilal Oswal Liquid Fund - Regular (Div-W) RI - 10.015Motilal Oswal Liquid Fund - Regular (G) - 10.6805Motilal Oswal Long Term Equity Fund (D) - 11.9952Motilal Oswal Long Term Equity Fund (G) - 13.5374Motilal Oswal Long Term Equity Fund -Dir (D) - 12.9306Motilal Oswal Long Term Equity Fund -Dir (G) - 14.5174Motilal Oswal Midcap 30 Fund (D) - 13.742Motilal Oswal Midcap 30 Fund (G) - 19.2361Motilal Oswal Midcap 30 Fund-Dir (D) - 14.0354Motilal Oswal Midcap 30 Fund-Dir (G) - 20.7479Motilal Oswal Multicap 35 Fund (D) - 17.1682Motilal Oswal Multicap 35 Fund (G) - 19.4867Motilal Oswal Multicap 35 Fund-Dir(D) - 17.1467Motilal Oswal Multicap 35 Fund-Dir(G) - 20.6159Motilal Oswal Nasdaq 100 FOF - Direct (G) - 12.7953Motilal Oswal Nasdaq 100 FOF - Regular (G) - 12.7271Motilal Oswal Nifty 50 Index Fund - Direct (G) - 7.0824Motilal Oswal Nifty 50 Index Fund (G) - 7.0744Motilal Oswal Nifty 500 Fund - Direct (G) - 7.9184Motilal Oswal Nifty 500 Fund (G) - 7.8893Motilal Oswal Nifty Bank Index Fund - Direct (G) - 7.0286Motilal Oswal Nifty Bank Index Fund (G) - 7.0033Motilal Oswal Nifty Midcap 150 Index Fund (G) - 8.0008Motilal Oswal Nifty Midcap 150 Index Fund-Dir (G) - 8.0302Motilal Oswal Nifty Next 50 Index Fund - Dir (G) - 7.4949Motilal Oswal Nifty Next 50 Index Fund (G) - 7.4814Motilal Oswal Nifty Smallcap 250 Index Fund (G) - 7.188Motilal Oswal Nifty Smallcap 250 Index Fund-Dir(G) - 7.2147Motilal Oswal Ultra Short Term Fund - Dir (Div-D) - 9.4972Motilal Oswal Ultra Short Term Fund - Dir (Div-F) - 9.5151Motilal Oswal Ultra Short Term Fund - Dir (Div-M) - 9.5041Motilal Oswal Ultra Short Term Fund - Dir (Div-Q) - 9.6407Motilal Oswal Ultra Short Term Fund - Dir (Div-W) - 9.5078Motilal Oswal Ultra Short Term Fund - Dir (G) - 13.4569Motilal Oswal Ultra Short Term Fund (Div-D) - 9.5007Motilal Oswal Ultra Short Term Fund (Div-F) - 9.5106Motilal Oswal Ultra Short Term Fund (Div-M) - 9.5012Motilal Oswal Ultra Short Term Fund (Div-Q) - 9.6394Motilal Oswal Ultra Short Term Fund (Div-W) - 9.5041Motilal Oswal Ultra Short Term Fund (G) - 13.0857

5 Key lessons to make children fiscally smart

It is believed that children are quick learners and adapt to situations or conditions easily. As adults, we play versatile roles that of parents, teachers, friends and guides. Not just that, we have experienced our share of manning financial setbacks etc.; and it’s time to pass on financial literacy to the younger generation to make them fiscally smart. While children are inculcated with constructive habits and values; it is highly essential for adults to instil in them the habit to manage money. Read to know 5 key financial lessons that she be taught to children;

That’s how it works, my child

Children are too young to understand the complicated realm of finance and it’s inadvisable to load them with finance jargon and concepts. However, simple facts can be explained to them, because children have the ability to grasp things early.  Start with telling them what is money, why is it important, how is money used and promptly answer all their questions. It’s advisable to explain them with stories, tales or metaphors for their easy comprehension.  As they grow older, teach them more about currency and coins and importance of saving. Children are very curious about the origin of money, because they often see their parents or other adults get them what they want by giving something in return which they assume, they always have. Tell them, that money is a kind of a reward one gets after an activity called ‘work’.

Enough for needs and no for greed

One very important lesson that should be imparted is the difference between what is needed and what is wanted. Children are desirous of all things that catch their attention. From the latest video games on the stores, to the newest candy on the counter, and of course to the swankiest gadget etc. their wants and fancies will change continuously. As a responsible adult, it is crucial to make them realize the difference between what they find attractive and what is actually necessary. Children should know that the difference between a fancy mechanical pencil and a basic pencil is just how it appears and the function remains the same; however the fancier one is a lot more expensive and may not even last longer. 

Early to save, makes one wealthy and wise

Like mentioned earlier, children follow the footsteps of their parents or elders. It’s extremely important for parents to present themselves as fiscally prudent. Parents, who are generally cautious about spending money or investing it, pass it to their offspring’s inherently. However, to develop the habit of saving early, children should be made to realize the importance of saving and how to save money. The piggy bank is a classic example to get children started with saving. If they save whatever money they get; in the form of monthly allowance, prize money or cash they get from relatives and accumulate them in their piggy bank, then this could help them to buy something that they like, or buy something expensive. It could also serve as a mini contingency fund, for instance, if they run short of money by the end of the month, then instead of asking others, they could use the money in the piggy bank wisely. 

There are no free lunches

If you’ve laid emphasis on the importance of money, it is also essential to make them understand the importance of budgeting and managing finances within that budget. The next lesson is to make this financially prudent is by fixing a monthly allowance or pocket money. Children should be made to understand that they will receive a little sum of money every month, the way adults receive their salary. Communicate to them that within this budget, they can spend to buy themselves i.e. sternly, yet subtly explain to them that this is all that they will get for the entire month and they have to budget themselves accordingly. After all, they’re aware that money does not grow on trees. 

Put your foot down

Despite explaining them the differences and telling them the importance of money, children will take time to actually realize and be fiscally smart. There may be times when they run out of their pocket money, lend money to their friends or borrow from friends. Often parents give in to the whims and fancies of their children and give them extra money just to satisfy their demands, but, it is equally imperative to make them realize that this shall not be in favour as they start growing up and begin to face the real world. If they ever fall short of money or ask for more for any trivial reason, then as a dutiful adult, children should be reprimanded for it. Tell them that shall only get money in the following month and not before that because they failed to save or spend it wisely; and they’ll learn their lesson right.

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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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