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Motilal Oswal MF has withdrawn the temporary suspension of subscriptions in five international funds with effect from January 1, 2023.
These funds are - Motilal Oswal S&P 500 Index Fund, Motilal Oswal NASDAQ 100 ETF, Motilal Oswal NASDAQ 100 Fund of Fund, Motilal Oswal MSCI EAFE Top 100 Select Index Fund, and Motilal Oswal NASDAQ Q 50 ETF.
The fund house will accept fresh subscriptions through lump sum and systematic investment options such as SIPs and STPs.
“Previously paused systematic investment options will also be resumed and processed as per their registration,”, said the fund house.
“In the event of complete exhaustion of the available headroom that is being utilized at present to resume overseas investments, all subscriptions might be paused again”, added the fund house.
