Motilal Oswal Asset Management Company (MOAMC), a SEBI-registered portfolio manager, oversees Motilal Oswal Mutual Fund (MOMF). It is backed by Motilal Oswal Financial Services Limited (MOFSL), a publicly listed company on India's top stock exchanges, BSE and NSE. MOAMC obtained SEBI registration in 2009. Beyond asset management, Motilal Oswal AMC provides advisory services for offshore funds, comprising portfolio management, business consultancy, and research exchange. Here are some key highlights:
Investing in the best Motilal Oswal Mutual Fund or any other top performing mutual fund is quick and simple with Bullsmart. One needs to follow the steps provided below:
1. Sign in to the Bullsmart app using your mobile number and validate it with an OTP. Then, click on "Open Account for Free" and complete the KYC process by entering your PAN number, date of birth, and additional details such as gender preference, marital status, occupation, income, source of wealth and trading preference.
2. Choose your bank and enter bank account details including IFSC code and account number. Once entered, verify the details.
3. Share the required documents via DigiLocker. Enter your Aadhar number, captcha code, and the OTP sent to your registered mobile number. Finally, enter the 6-digit DigiLocker PIN to complete the KYC process.
4. Add a photo and e-signature to finalise the process.
5. If desired, add a nominee, click on submit and you're all set to start your investment journey with Bullsmart.
Mutual Fund In order to help you become a smart investor with Bullsmart, we've simplified the entire process just for you. To get started, ensure you have the following essential documents at hand:
Mutual fund schemes themselves are neither taxable nor tax-exempt. However, the gains you accrue from your mutual fund investment are subject to taxation, which varies based on the type of scheme and the duration of your investment.
You can initiate your investment in Motilal Oswal Mutual Fund online via Bullsmart with ease. Additionally, you have the option to invest through the official website of the respective fund house.
Motilal Oswal Mutual Fund is a renowned AMC in India. While its funds have delivered substantial returns to investors, it is also important to not solely focus on returns when selecting a fund. Consideration of other factors such as risk, volatility, fund manager's experience, and your own return expectations and risk tolerance is essential in determining the most suitable fund for your needs.
Redemption charges depend on the type of mutual fund you want to sell and the duration of investment. Generally, an exit load and taxes are applicable.
Redeeming Motilal Oswal Mutual Fund investments has been made even more convenient through the BullSmart app. Investors can simply log in to their Bullsmart account, navigate to the Motilal Oswal Mutual Fund section, and initiate the redemption process with just a few taps.
Investing in Motilal Oswal Mutual Fund SIP is generally considered safe. However, like all mutual fund investments, it is subject to market risks. It's essential to carefully assess your investment goals and risk tolerance before investing.