Now you can SIP 'M50'

One of key benefits of Mutual funds is its flexibility like investing in a systematic way (SIP). With the advent of Exchange traded funds (ETF's), though there are convenience like buying at dynamic price (instead of end of the day price in MF's), and crediting the units to demat account, ETF's are yet to catch up in a big way in India.

No more will be this situation. Motilal Oswal Mutual fund, through its maiden fund MOST M50, is about to launch an SIP through stock broker itself. This is really a turnaround concept. Now you can sign an auto debit mandate with your bank details and give it to the office of Motilal Oswal Securities - and they can take care of the SIP.

Having said that MOST M50 has been performing quiet well since its launch. And the performance is not only because of the rising market, but the fund philosophy is also paying off. Motilal Oswal AMC aims to outperform the NIFTY Index by 10% at the end of first year.

Past performance of the fund is given below for your kind information. Though it is not a gurantee of the future performance, it still gives an insight into the outperformance of the fund.

So, Get ready to invest in Most M50 in SIP Mode : First of its kind in ETF's.