Source: MOAMC Internal
With just 75 stocks, the Nifty India Manufacturing index has outpaced the Nifty 500 TRI by 11.4% within 2 years
Source: Nifty Indices, MOIE, Ace MF. Past performance may or may not be sustained in future. The above graph is used to explain the concept and is for explanatory purpose only and should not used for development or implementation of an investment strategy. Read more...
Here's what our Fund Manager, Ajay Khandelwal has to say.
To achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in the manufacturing activity.
However, there can be no assurance that the investment objective of the scheme will be realized.
1% - If redeemed on or before 3 Months from the date of allotment. Nil - If redeemed after 3 Months from the date of allotment. Exit Load will be applicable on switch amongst the Schemes of MOMF. No Load shall be imposed for switching between Options within the Scheme. Further, it is clarified that there will be no exit load charged on a switch-out from Regular to Direct plan within the same scheme.