Motilal Oswal MSCI EAFE Top 100 Select Index Fund is an open-ended scheme replicating or tracking the MSCI EAFE Top 100 Select Index.
| Good to know
What is an index fund? It is a mutual fund designed to track or replicate an index, such as the Nifty50 or the Sensex. These funds try to match the risk and return of the market on the theory that the market will outperform any single investment in the long term. It follows a passive style of investing. |
Investment objective
The scheme aims to generate long-term capital appreciation through investment in securities of the MSCI EAFE Top 100 Select Index, subject to tracking error. However, the scheme gives no assurance or guarantee that the investment objective will be met.
An index fund provides broad exposure to the markets and has a low expense ratio compared to actively managed funds.
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Asset allocation
| Instrument | Allocation (% of total assets) | Risk profile | |
| Minimum | Maximum | ||
| Equity and equity-related securities of MSCI EAFE Top 100 Select Index | 95 | 100 | High |
| Units of liquid schemes / money market instruments /iShares Core MSCI EAFE ETF (IEFA), iShares MSCI EAFE ETF (EFA), iShares Core MSCI International. Developed Markets ETF (IDEV), Vanguard FTSE. Developed Markets ETF (VEA) | 0 | 5 | Low |
Scheme details
| Name | Motilal Oswal MSCI EAFE Top 100 Select Index Fund |
| Type | An open-ended scheme replicating/tracking MSCI EAFE Top 100 Select Index |
| Category | Equity |
| Benchmark | MSCI EAFE Top 100 Select Index |
| Entry/exit load | Entry: Nil
Exit Load: 1% - If redeemed on or before 15 days from the date of allotment. Nil - If redeemed after 15 days from the date of allotment. |
| Fund manager | Mr Ankush Sood (fund Manager for Foreign Securities)
Mr. Abhiroop Mukherjee (fund manager for debt component) |
| Minimum application amount | ₹500 and in multiples of ₹1 thereafter. |
| Expense ratio | Up to 1% |
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| This product is suitable for investors who are seeking*: | Riskometer |
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*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Note: The above information has been sourced from the Scheme Information Document provided by: Motilal Oswal Asset Management Company Limited. To read the entire document, click here.
Disclaimer: The above article is purely academic in nature and aims to provide knowledge about basic trading concepts & should not be construed as an opinion or advice to invest or trade. RKSV Securities India Private Limited (brand name Upstox) is the distributor of the mutual fund. Mutual fund investments are subject to market risks; please read all the related documents and/or consult your investment advisor before investing. Past performance of an investment asset does not guarantee future returns.
Mutual fund investments are subject to market risks, read all scheme related documents carefully.
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