The fund will open for subscription on 4 September 2013 and close on 5 September 2013.
Motilal Oswal Mutual Fund announced the launch of its open ended MOSt Ultra Short Term Bond Fund.
The fund will open for subscription on 4 September 2013 and close on 5 September 2013.
The scheme aims to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.
The fund will be benchmarked against Crisil Liquifex Index. The minimum application amount is Rs 5000.