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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Motilal Oswal Asset Allocation Passive Fund of Fund – Aggressive (G) - 10.079Motilal Oswal Asset Allocation Passive Fund of Fund – Aggressive-Dir (G) - 10.0848Motilal Oswal Asset Allocation Passive Fund of Fund – Conservative (G) - 10.1205Motilal Oswal Asset Allocation Passive Fund of Fund – Conservative-Dir(G) - 10.1271Motilal Oswal Dynamic Fund (Div-A) - 13.0364Motilal Oswal Dynamic Fund (Div-Q) - 11.6756Motilal Oswal Dynamic Fund (G) - 14.3849Motilal Oswal Dynamic Fund-Dir (Div-A) - 13.169Motilal Oswal Dynamic Fund-Dir (Div-Q) - 11.8091Motilal Oswal Dynamic Fund-Dir (G) - 15.1536Motilal Oswal Equity Hybrid Fund - Direct (G) - 14.1436Motilal Oswal Equity Hybrid Fund - Regular (G) - 13.5643Motilal Oswal Flexi Cap Fund(D) - 23.0148Motilal Oswal Flexi Cap Fund(G) - 30.6172Motilal Oswal Flexi Cap Fund-Dir(D) - 22.9964Motilal Oswal Flexi Cap Fund-Dir(G) - 32.7082Motilal Oswal Focused 25 Fund - Direct (D) - 18.9481Motilal Oswal Focused 25 Fund - Direct (G) - 32.3673Motilal Oswal Focused 25 Fund (D) - 17.0761Motilal Oswal Focused 25 Fund (G) - 29.0949Motilal Oswal Large and Midcap Fund - Dir (D) - 13.275Motilal Oswal Large and Midcap Fund - Dir (G) - 13.275Motilal Oswal Large and Midcap Fund (D) - 12.9302Motilal Oswal Large and Midcap Fund (G) - 12.9301Motilal Oswal Liquid Fund - Direct (Div-D) RI - 10.0077Motilal Oswal Liquid Fund - Direct (Div-F) RI - 10.0133Motilal Oswal Liquid Fund - Direct (Div-M) - 10.0499Motilal Oswal Liquid Fund - Direct (Div-Q) - 10.0231Motilal Oswal Liquid Fund - Direct (Div-W) RI - 10.0083Motilal Oswal Liquid Fund - Direct (G) - 11.0535Motilal Oswal Liquid Fund - Regular (Div-D) RI - 10.0055Motilal Oswal Liquid Fund - Regular (Div-F) RI - 10.0127Motilal Oswal Liquid Fund - Regular (Div-M) - 10.0488Motilal Oswal Liquid Fund - Regular (Div-Q) - 10.0223Motilal Oswal Liquid Fund - Regular (Div-W) RI - 10.0153Motilal Oswal Liquid Fund - Regular (G) - 11.0148Motilal Oswal Long Term Equity Fund (D) - 16.9352Motilal Oswal Long Term Equity Fund (G) - 21.558Motilal Oswal Long Term Equity Fund -Dir (D) - 20.1029Motilal Oswal Long Term Equity Fund -Dir (G) - 23.455Motilal Oswal Midcap 30 Fund (D) - 19.0281Motilal Oswal Midcap 30 Fund (G) - 31.1479Motilal Oswal Midcap 30 Fund-Dir (D) - 19.6084Motilal Oswal Midcap 30 Fund-Dir (G) - 34.0448Motilal Oswal Multi Asset Fund - Direct (G) - 10.5855Motilal Oswal Multi Asset Fund (G) - 10.4732Motilal Oswal Nasdaq 100 FOF - Direct (G) - 22.236Motilal Oswal Nasdaq 100 FOF - Regular (G) - 22.0246Motilal Oswal Nifty 50 Index Fund - Direct (G) - 11.8701Motilal Oswal Nifty 50 Index Fund (G) - 11.8072Motilal Oswal Nifty 500 Fund - Direct (G) - 13.6001Motilal Oswal Nifty 500 Fund (G) - 13.4578Motilal Oswal Nifty Bank Index Fund - Direct (G) - 11.3131Motilal Oswal Nifty Bank Index Fund (G) - 11.1954Motilal Oswal Nifty Midcap 150 Index Fund (G) - 15.4573Motilal Oswal Nifty Midcap 150 Index Fund-Dir (G) - 15.6207Motilal Oswal Nifty Next 50 Index Fund - Dir (G) - 11.9437Motilal Oswal Nifty Next 50 Index Fund (G) - 11.8418Motilal Oswal Nifty Smallcap 250 Index Fund (G) - 15.1555Motilal Oswal Nifty Smallcap 250 Index Fund-Dir(G) - 15.3163Motilal Oswal S&P 500 Index Fund - Direct (G) - 14.1853Motilal Oswal S&P 500 Index Fund (G) - 14.0886Motilal Oswal Ultra Short Term Fund - Dir (Div-D) - 9.8605Motilal Oswal Ultra Short Term Fund - Dir (Div-F) - 9.881Motilal Oswal Ultra Short Term Fund - Dir (Div-M) - 9.8675Motilal Oswal Ultra Short Term Fund - Dir (Div-Q) - 10.0093Motilal Oswal Ultra Short Term Fund - Dir (Div-W) - 9.8714Motilal Oswal Ultra Short Term Fund - Dir (G) - 13.9715Motilal Oswal Ultra Short Term Fund (Div-D) - 9.8399Motilal Oswal Ultra Short Term Fund (Div-F) - 9.8504Motilal Oswal Ultra Short Term Fund (Div-M) - 9.8403Motilal Oswal Ultra Short Term Fund (Div-Q) - 9.9835Motilal Oswal Ultra Short Term Fund (Div-W) - 9.8433Motilal Oswal Ultra Short Term Fund (G) - 13.5527

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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