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Motilal Oswal Asset Management Company has launched a new fund offer (NFO) MOst Focused-25 fund. The NFO opens on April 22 and closes on May 6.
A minimum of 65 per cent of the fund’s corpus will be deployed in the top 200 companies on the BSE and NSE. Twenty five per cent would be allocated to buy scrips beyond the top 200 but having a market capitalisation of over Rs 1,400 crore. The remaining 10 per cent would be in discretionary cash and equivalents.
Taher Badshah, Senior Vice-President and co-Head — Equities, and Abhiroop Mukherjee Senior Manager — Fixed Income will manage the fund.
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