Motilal Oswal Midcap 30 Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Motilal Oswal Mutual Fund. This scheme was introduced to investors on 24 Feb 2014. Abhiroop Mukherjee, Akash Singhania, Niket Shah is the Current Fund Manager of Motilal Oswal Midcap 30 Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹1,812 Cr and the Latest NAV as of 17 Jan 2020 is ₹21.86.
The Motilal Oswal Midcap 30 Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Exit load of 1% if redeemed within 15 days.
The investment objective of the Scheme is to achieve long term capital appreciation by investing in a maximum of 30 quality midcap companies having long-term competitive advantages and potential for growth. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 15 days