Motilal Oswal MF announces div under MOSt Focused 25 Fund 19/11/2014

Motilal Oswal MF announces div under MOSt Focused 25 Fund
19/11/2014 11:47
Motilal Oswal Mutual Fund has announced 10.9 per cent dividend under dividend payout option of scheme named as “Motilal Oswal MOSt Focused 25 Fund” on the face value of Rs 10 per unit.
The record date for the dividend is November 21. The latest NAV of the scheme is Rs 14.63.
The investment objective of the open ended equity diversified scheme is to achieve long term capital appreciation by investing in up to 25 companies with long term sustainable competitive advantage and growth potential.
The performance of the scheme is benchmarked against CNX Nifty Index. Taher Badshah is the fund manager of the scheme.