MFIs/MFDs/RIAs are hereby informed that we have received communication from MOTILAL OSWAL Mutual Fund regarding temporarily suspend lump-sum subscription & Switch-In under below schemes of MOTILAL OSWAL on BSE StAR MF Platform with effect from January 17, 2022.
- MOTILAL OSWAL MSCI EAFE TOP 100 SELECT INDEX FUN
- MOTILAL OSWAL NASDAQ 100 FUND OF FUND
- MOTILAL OSWAL S&P 500 INDEX FUND
Further, as intimated by MOTILAL OSWAL AMC, Lump-sum subscription & Switch-In applications received post cut-off timing of January 14, 2022 shall not be accepted and processed.
As confirm by MOTILAL OSWAL AMC, the existing SIPs/XSIPs/AMC STP’s registered on BSE StAR MF Platform in above schemes will be continue to process at AMC/RTA end.
Also, as per the AMC communication, Fresh SIP/XSIP/AMC STP/SWP registrations as well redemption & switch out facility shall be allowed in said suspended schemes on BSE StAR MF platform.
The notice cum addendum issued by MOTILAL OSWAL AMC is attached.
Ketan Jantre Zeeta Eustace
Sr. General Manager – Mutual Funds Dy. General Manager – Mutual Funds |