Motilal Oswal launches MOSt Focused 25, an open-ended fund

Motilal Oswal AMC announces the launch of new open ended equity scheme  - Motilal Oswal MOSt Focused 25 Fund. The investment objective of the scheme is to achieve long term capital appreciation by investing in up to 25 companies with long term sustainable competitive advantage  and growth potential.

The New Fund Offer (NFO) will open for subscription on April 22, 2013 and close on May 6, 2013.

Entry and Exit load for the scheme will be nil.

The scheme is benchmarked against CNX Nifty and will be managed by Taher Badshah, senior vice president & co-head of equities and Abhiroop Mukherjee, senior manager - fixed income at Motilal Oswal AMC.