|
|
|
|
  |
| NOTICES |
|
| Notice No. |
|
20241210-8 |
|
Notice Date |
|
10 Dec 2024 |
|
| Category |
|
Trading |
|
Segment |
|
Mutual Fund |
|
| Subject |
|
Temporary restrictions on New SIP registrations in certain schemes of Motilal Mutual Fund |
|
| Attachments |
|
Addendum.pdf ; |
|
| Content |
|
|
Members are hereby informed that we have received communication from Motilal Mutual Fund regarding temporary restrictions on SIP Registration in the below schemes of Motilal Mutual Fund on BSE StAR MF Platform with effect from December 11, 2024.
- Motilal Oswal Nasdaq 100 Fund of Fund Direct Plan Growth
- Motilal Oswal S&P 500 Index Fund Regular Growth
As per Motilal AMC instructions, New SIP registrations and SIP Top-Ups for the scheme Motilal Oswal S&P 500 Index Fund and Motilal Oswal Nasdaq 100 Fund of Funds will be discontinued till further notice. Further existing SIP registered in mentioned scheme will function as it is.
Current restrictions on lump sum investments, Systematic Transfer Plans (STP In), and Switch-ins will continue to apply as before.
There will be no restrictions on redemptions, Systematic Withdrawal Plans (SWP), and Switch-outs.
The notice cum addendum issued by Motilal AMC is attached.
Ketan Jantre Mahesh Tare
Head - Trading Operations Manager – Mutual Funds |
|