To generate long-term capital appreciation by investing in Equity & Equity related instruments of companies reflecting momentum factors.
Benchmark:
NIFTY 500
Fund Manager:
Manasvi Shah, Sharmila D'silva
Motilal Oswal Nifty 200 Momentum 30 Index Fund | 19.90(3M) | 23.87(3Y) |
UTI Nifty200 Momentum 30 Index Fund | 20.12(3M) | 24.19(3Y) |
Essentially this means the fund manager will take bets on stocks in the news and action. So a more involved fund.
Fund House AAUM:
983.73(in lakhs)
Fund Manager:
Experience of above 6 years
For the investors who want a higher risk-higher returns trade off. Seems compelling to me and I wont mind investing in it.