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Time of India
19-05-2025
- Business
- Time of India
NFO Update: Motilal Oswal Mutual Fund launches services fund
Motilal Oswal Mutual Fund has announced the launch of its latest new fund offer Motilal Oswal Services Fund , an open-ended equity scheme investing in the services sector. The new fund offer or NFO of the scheme will open for subscription on May 20 and will close on June 3. The primary objective of the scheme is to generate long-term capital appreciation by investing in equity or equity related instruments across market capitalization of companies deriving the majority of their income from business in the services sector of the economy. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » Also Read | Railways PSU ETF delivers 16% in a week. Is this the right opportunity for portfolio diversification? The scheme will be benchmarked against Nifty Services Sector Total Return Index and will be managed by Bhalachandra Shinde, Ajay Khandelwal, Atul Mehra , Rakesh Shetty, and Sunil Sawant. Live Events The scheme aims to generate long-term capital appreciation by investing in equity or equity related investments of companies that are engaged directly or indirectly or expected to benefit from the growth and development of the services sector in India. According to MOAMCs internal research, India's services sector has emerged as the most consistent and resilient contributor to the country's Gross Value Added (GVA), reflecting stable performance. Between FY23 and FY25, the sector achieved growth of 8.3%, underpinned by a surge in services exports, which accelerated to 12.8% in April–November FY25 from 5.7% in FY24. The sector's significance is further highlighted by its massive 109-fold increase in contribution to total GVA since FY14, according to a release by the fund house. As a share of total GVA, the sector grew from 52% in FY16 to 55% in FY24, peaking at 56% in FY23. This highlights the services sector's growing role in India's economic output and its contribution to employment, currently supporting nearly 30% of the workforce. On the global stage, India ranks 7th in services exports, with 4.3% share. Notably, the sector has remained in the expansionary zone for 41 consecutive months since August 2021, underscoring its stability and long-term growth potential, the release said. 'India's services sector has consistently demonstrated strong and resilient growth, emerging as a key driver of the country's economic development. With its rising contribution to GDP, robust export potential, and growing digital and consumer-driven demand, we believe the sector may offer compelling long-term investment opportunities. Our new sectoral fund is designed to tap into this structural growth story and enable investors to gain exposure to the services-led transformation of India's economy,' said Prateek Agrawal , MD & CEO, Motilal Oswal Asset Management Company. Also Read | BSE and Adani Enterprises among stocks that HDFC Mutual Fund bought and sold in April 'Services sector encompasses a wide range of industries—benefiting from rising incomes, urbanization and digital adoption. With structural tailwinds and improving export competitiveness, we see long-term potential across this sector. The fund will be benchmarked against Nifty Services Sector Total Return Index (TRI) which has shown an upward trend over the 11-year,' said Bhalachandra Shinde, Associate Fund Manager, Motilal Oswal Mutual Fund. 'From an initial level around 1000 in April 2014, the index has steadily increased, reaching a level of 4518 by April 2025. Our investment approach will focus on identifying quality businesses with scalable models and strong fundamentals that are well-positioned to benefit from this sector,' he said.
Economic Times
19-05-2025
- Business
- Economic Times
NFO Update: Motilal Oswal Mutual Fund launches services fund
Motilal Oswal's new services sector fund seeks long-term growth by investing in companies benefiting from India's expanding services economy. NFO runs from May 20 to June 3. Motilal Oswal Mutual Fund has announced the launch of its latest new fund offer Motilal Oswal Services Fund, an open-ended equity scheme investing in the services sector. The new fund offer or NFO of the scheme will open for subscription on May 20 and will close on June 3. The primary objective of the scheme is to generate long-term capital appreciation by investing in equity or equity related instruments across market capitalization of companies deriving the majority of their income from business in the services sector of the economy. Also Read | Railways PSU ETF delivers 16% in a week. Is this the right opportunity for portfolio diversification? The scheme will be benchmarked against Nifty Services Sector Total Return Index and will be managed by Bhalachandra Shinde, Ajay Khandelwal, Atul Mehra, Rakesh Shetty, and Sunil Sawant. The scheme aims to generate long-term capital appreciation by investing in equity or equity related investments of companies that are engaged directly or indirectly or expected to benefit from the growth and development of the services sector in to MOAMCs internal research, India's services sector has emerged as the most consistent and resilient contributor to the country's Gross Value Added (GVA), reflecting stable performance. Between FY23 and FY25, the sector achieved growth of 8.3%, underpinned by a surge in services exports, which accelerated to 12.8% in April–November FY25 from 5.7% in FY24. The sector's significance is further highlighted by its massive 109-fold increase in contribution to total GVA since FY14, according to a release by the fund a share of total GVA, the sector grew from 52% in FY16 to 55% in FY24, peaking at 56% in FY23. This highlights the services sector's growing role in India's economic output and its contribution to employment, currently supporting nearly 30% of the workforce. On the global stage, India ranks 7th in services exports, with 4.3% share. Notably, the sector has remained in the expansionary zone for 41 consecutive months since August 2021, underscoring its stability and long-term growth potential, the release said. 'India's services sector has consistently demonstrated strong and resilient growth, emerging as a key driver of the country's economic development. With its rising contribution to GDP, robust export potential, and growing digital and consumer-driven demand, we believe the sector may offer compelling long-term investment opportunities. Our new sectoral fund is designed to tap into this structural growth story and enable investors to gain exposure to the services-led transformation of India's economy,' said Prateek Agrawal, MD & CEO, Motilal Oswal Asset Management Company. Also Read | BSE and Adani Enterprises among stocks that HDFC Mutual Fund bought and sold in April 'Services sector encompasses a wide range of industries—benefiting from rising incomes, urbanization and digital adoption. With structural tailwinds and improving export competitiveness, we see long-term potential across this sector. The fund will be benchmarked against Nifty Services Sector Total Return Index (TRI) which has shown an upward trend over the 11-year,' said Bhalachandra Shinde, Associate Fund Manager, Motilal Oswal Mutual Fund.'From an initial level around 1000 in April 2014, the index has steadily increased, reaching a level of 4518 by April 2025. Our investment approach will focus on identifying quality businesses with scalable models and strong fundamentals that are well-positioned to benefit from this sector,' he said.
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Business Standard
24-04-2025
- Business
- Business Standard
Motilal Oswal launches equity fund tracking India's infrastructure growth
Motilal Oswal Mutual Fund has launched a new thematic equity scheme tracking India's infrastructure sector. Motilal Oswal Infrastructure Fund opened for subscription on Wednesday and will close on May 7, 2025. It will invest in companies 'directly or indirectly involved' in infrastructure development. 'India's infrastructure growth is gaining momentum,' said Prateek Agrawal, managing director and chief executive officer of Motilal Oswal Asset Management Company (MOAMC), in a statement. 'The fund provides investors an opportunity to participate directly in this transformation across infrastructure sectors, aiming for long-term value.' The fund will invest in roads, railways, energy, and urban, social and digital infrastructure. It will benefit from global trends such as supply-chain rebalancing, and domestic policies like Make in India manufacturing programme and production linked incentive scheme. NFO period: April 23 to May 7, 2025 Benchmark: Nifty Infrastructure Total Return Index Fund Managers: Ajay Khandelwal, Atul Mehra, Shinde (equity); Rakesh Shetty (debt); Sunil Sawant (overseas) Options available: Growth and IDCW (Payout & Reinvestment) Objective: Long-term capital appreciation through equity investments in infrastructure-linked companies The infrastructure push is supported by increased government allocation, which is expected to rise by 7.4 per cent in FY26, according to MOAMC. Capital expenditure will account for 22.1 per cent of total government spending, according to the company's research. The infrastructure outlay for FY20-25 was around Rs 111 trillion, up from Rs 57 trillion in FY13–19. According to MOAMC, while the scheme offers a strong long-term opportunity, investors should also consider the risks involved in sector-specific investments. All mutual fund investments are subject to market risks, and potential investors are advised to read the scheme-related documents carefully.
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Business Standard
24-04-2025
- Business
- Business Standard
Motilal Oswal MF launches Infrastructure Fund: Here's all you need to know
Motilal Oswal Infrastructure Fund: Motilal Oswal Mutual Fund has launched its Motilal Oswal Infrastructure Fund, an open-ended scheme following the infrastructure theme. The scheme opened for subscription on April 23 2025 and will close on May 7, 2025. The scheme's performance is measured against the Nifty Infrastructure Total Return Index. The index is designed to reflect the market behaviour and performance of companies that represent the infrastructure sector such as power, port, air, roads, railways, shipping and other utility services providers According to the riskometer, the principal invested in the scheme will be at very high risk. The investment objective of Motilal Oswal Infrastructure Fund is to achieve long-term capital appreciation by predominantly investing in equity and equity-related instruments of companies that are engaged directly or indirectly or are expected to benefit from the growth and development of the infrastructure sector in India. However, there can be no assurance that the investment objective of the scheme will be realized, according to the Scheme Information Document (SID). Investors can invest a minimum amount of ₹500 and in multiples of ₹1 thereafter. The minimum additional investment amount will be ₹500 and in multiples of ₹1 thereafter. According to the SID, if the units are redeemed within three months from the day of allotment, an exit load of 1 per cent will be charged. However, no exit load will be charged if units are redeemed after three months from the date of allotment. Ajay Khandelwal, Bhalchandra Shinde, Rakesh Shetty and Sunil Sawant serve as the designated fund managers for the scheme. Prateek Agrawal, managing director and chief executive officer at Motilal Oswal Asset Management Company said, India's infrastructure growth is gaining momentum. Motilal Oswal Infrastructure Fund provides investors an opportunity to participate directly in this transformation across the infrastructure sector, aiming for long-term value. "As capital expenditure picks up across sectors like roads, railways, energy, urban, social and digital infrastructure, we believe this fund offers a compelling opportunity to participate in India's infrastructure development journey," he added. Motilal Oswal Infrastructure Fund: Who should invest? According to the SID, the scheme is suitable for investors who are seeking capital appreciation over the long term and investing predominantly in equity or equity-related schemes of companies that are engaged directly or indirectly or expected to benefit from the growth and development of the Infrastructure sector in India. However, there can be no assurance that the investment objective of the scheme will be realized.
