Motilal Oswal MOSt Focused Dynamic Equity Fund; open for subscription

Motilal Oswal AMC has announced on September 6, a new launch of open-ended equity scheme "Motilal Oswal MOSt Focused Dynamic Equity Fund". The new fund offer opened for subscription on September 6, and the open offer closes on September 20, 2016.

Highlights of Motilal Oswal MOSt Focused Dynamic Equity Fund:-

• • An Equity Fund that dynamically calibrates level of equity allocation depending on market valuations; allocates less in equities when market valuations appear expensive and more when market valuations appear cheap.

• • Equity component to have a focused equity portfolio with select stocks across market capitalisation and fixed income component to consist of high quality low duration papers.

• • Market valuations for dynamic allocation will be indicated by the proprietary Motilal Oswal Value Index (MOVI) which is calculated taking into account Price/Earnings, Price/Book and Dividend yield of Nifty 50 Index. The MOVI helps gauge attractiveness of the equity market.

• • Depending on the level of the Motilal Oswal Value Index (MOVI), allocation will vary between equities, equity arbitrage (using combination of stocks and derivatives) and fixed income.

• • Rebalancing of portfolio on a fortnightly basis

Taher Badshah will be the fund manager for the equity component of the fund; whereas for the debt component Abhiroop Mukherjee will be the fund manager.