MOTILAL OSWAL Long Term Equity Fund * Return since Launch: 12.72% Invest Now

Motilal Oswal Long Term Equity Fund Overview

Motilal Oswal Long Term Equity Fund is an open ended ELSS Fund. The risk is moderately high. Motilal Oswal Long Term Equity Fund was launched on 21st January 2015. This fund is managed by Mr. Gautam Sinha Roy, Mr. Abhiroop Mukherjee, and Ms. Snigdha Sharma. Motilal Oswal Long Term Equity Fund’s benchmark is NIFTY 500 TRI. The AUM of Motilal Oswal Long Term Equity Fund is Rs.1339cr. (as on 31st March 2019). Fund has 93.72% investment in Indian stocks of which 68.11% is in large cap stocks, 19.5% is in mid cap stocks, 6.11% in small cap stocks. Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

Eligibility criteria of Motilal Oswal Long Term Equity Fund

  • Adult citizens residing in India.
  • Minor through legal guardians/parents.
  • Limited liability partnership.
  • Religious and charitable trusts.
  • Banking and financial institutions
  • Mutual Funds or Alternative Investment Funds which have registrations under the Securities and Exchange Board of India
  • The Karta of Hindu Undivided Family (HUF)
  • Persons of Indian origin residing abroad (PIOs) or Non-Resident Indians can apply for subscription either on repatriation basis or on non-repatriation basis (permitted under Schedule 5 of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000)
  • Foreign Institutional Investors (FIIs) who have registration under the Securities and Exchange Board of India on repatriation basis (permitted under Schedule 5 of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000)
  • Mutual Funds or Alternative Investment Funds which have registrations under the Securities and Exchange Board of India
  • Other schemes of Mutual Funds subject to the conditions and limits prescribed by SEBI Regulations.

Documents require for Motilal Oswal Long Term Equity Fund

KYC Documents:

  • PAN Card
  • Adhaar Card
  • Voter’s ID
  • Passport Size Photo
  • Download the KYC form
  • The investors will be issued an acknowledgement receipt which he/she needs to submit while applying for subscribing for a mutual fund scheme.

Advantages of Motilal Oswal Long Term Equity Fund

  • Small investment option.
  • Well organized investment.
  • Quick purchase and sell option.
  • You can track your investment easily.
  • Mutual Funds are managed professionals.
  • All Mutual Fund Companies are regulated by SEBI so no one will fly away with your hard earned money.
  • The return of mutual fund is higher than any other financial instrument.
  • This is an ELSS Fund so you will get the tax benefit under 80C up to Rs. 1.5lakh.
*Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not an indicator of future returns.