Type of Scheme : An open ended dynamic asset allocation fund
Benchmark : CRISIL Hybrid 35 + 65 – Aggressive Index
Methodology and illustration of sale and repurchase price of units
a) Methodology of calculating sale price: The price or NAV, an investor is charged while investing in an open-ended scheme is called sale or subscription price. Pursuant to SEBI Circular dated June 30, 2009, no entry load will be charged by the scheme to the investors. Therefore, sale or subscription price = Applicable NAV (for respective plan and option of the scheme)
Example: An investor invests Rs. 10,000/- and the current NAV is Rs. 10/- then the purchase price will be Rs. 10/- and the investor receives 10,000/10 = 1000 units
b) Methodology of calculating repurchase price of units: Repurchase or redemption price is the price or NAV at which an open-ended scheme purchases or redeems its units from the investors. It may include exit load, if applicable. The exit load, if any, shall be charged as a percentage of Net Assets Value (NAV) i.e. applicable load as a percentage of NAV will be deducted from the "Applicable NAV" to calculate the repurchase price. Therefore, repurchase or redemption price = Applicable NAV * (1- Exit Load, if any)
Example: If the applicable NAV is Rs. 10 and a 2% exit load is charged, the redemption price per unit will be calculated as follows: = Rs. 10 * (1-0.02) = Rs. 10 * (0.98) = Rs. 9.80
Fund Manager :
Mr. Akash Singhania (For Equity Component)
Mr. Abhiroop Mukherjee (For Debt Component)
About Fund Manager :
Mr. Akash Singhania : Akash has more than 15 years of experience in research and Fund management. Prior to joining MOAMC, he was associated with DHFL Pramerica AMC as Deputy CIO - Equities, Deutsche AMC - DWS Mutual Fund as Head of Equities& ICICI Prudential AMC. In addition, he also held important roles in Ernst& Young, KPMG and PWC in his formative years. Akash has completed his PGDM(MBA) Finance & Marketing from IIM Lucknow, Diploma in Strategy from Copenhagen Business School Denmark, Chartered Accountancy (Gold medalist) from ICAI & Company Secretary from ICSI.
Mr. Abhiroop Mukherjee : He is B.com (H), MBA with 10 years of experience in Trading Fixed Income Securities viz. G-sec, T-bills, Corporate Bonds CP, CD etc. He has earlier worked with PNB GILTS LTD. as a WDM Dealer for the period 2007-2011
Other Funds Managed by Mr. Abhiroop Mukherjee: He is the Fund manager for the debt component of Motilal Oswal Focused 25 Fund, Motilal Oswal Midcap 30 Fund, Motilal Oswal Multicap 35 Fund and Motilal Oswal Long Term Equity Fund.
| Date of Allotment |
27th September 2016 |
| Entry Load |
Nil |
| Exit Load |
1% - If redeemed on or before 15 days from the date ofallotment. Nil - If redeemed after 15 days from the date of allotment. Aswitch-out or a withdrawal shall also be subjected to the Exit Load like anyRedemption. No Exit Load applies for switchbetween MOF25, MOF30, MOF35, MOFEH & MOFDYNAMIC. No Load for switch between Options within the Scheme. Further, it is clarified that there will be noexit load charged on a switch-out from Regular to Direct plan within the samescheme.
|
| Plans |
Regular Plan and Direct Plan |
| Options (Under each plan) |
Dividend (Payout and Reinvestment) and Growth |
| Sub – Options under Dividend option |
Quarterly and Annual Dividend Option |
| Total Expense Ratio* |
Regular Plan- 2.26%p.a. |
| Direct Plan- 1.20% p.a. |
Data as on 30-June-2019