Most Etf Cnx 100
Content
(An Open Ended Index Exchange Traded Fund)
Mos shares
Motilal Oswal Mutual Fund
presents
m100
NFO
Opens: 12th Jan 2011 Closes: 24th Jan 2011
MOSt
Mutual Fund
Shares
Acts like a fund, Trades like a share
Midcaps - Wealth Creators
India’s GDP expected to grow from $1.3 tn to $5 tn by 2020. This period may be marked by A sustained increase in discretionary spend, savings and investments. Significant growth in India allocation by global investors. Midcap stocks are best positioned to capture the India growth story - The S Curve
Source: Internal Analysis Past performance may or may not be achieved in the future
2
Midcap Stocks
Early stage growth companies – Successful small cap companies Focused on their specific niches Hidden Gems: under-researched under-owned under-valued Seasoned management, established products, reasonable market share, and name recognition Outperformance relative to large caps Complements large cap portfolios - better portfolio diversification
Source: Internal Analysis
3
Performance of Active Midcap Funds
3 Years Average Midcap Fund Performance CNX Midcap Index Outperformance -5.57% -2.36% 3.21% 5 Years 13.14% 16.71% 3.57%
Of the active midcap funds, 90% underperformed the index over 5 years 70% Underperformed the index over 3 years
Source :- www.mutualfundsindia.com and Internal Analysis Returns compounded annually Past performance may or may not be achieved in the future
4
The CNX Midcap Index
Financial Performance : minimum track record of 3 years operations and +ve net worth. Trading Interest : minimum listing record of 6 months.
The primary objective: benchmark of the Midcap segment of the market
Criteria for Selection of Constituent Stocks Exclude stocks more than 5% market capitalization of the universe. The weight of the remaining stocks is determined and cumulative weight calculated. First 75 percent of the revised universe are excluded along with Nifty Stocks. Remaining top 100 companies form the CNX Midcap Index.
Source: India Index Services & Products Ltd. (IISL) For further details, please refer to the Scheme Information Document (SID)
5
CNX Midcap Index
Key Statistics Market Cap Free Float Market Cap Weightage
Sector Allocation Financials Healthcare FMCG Engineering Chemicals TMT Auto Construction Power Cement Oil and Gas Others
Source: IISL Data as on 31.12. 2010
Maximum ` crs 29,712 10,669 3.72%
Total 21.15 12.37 8.7 8.33 8.13 6.03 6.02 5.68 5.08 4.8 3.89 9.81
Minimum ` crs 1,823 36 0.01%
Average ` crs 8,290 3,558 -
Total ` tn 8.29 3.56
Stars and Chartbusters Top 10 Constituents
Asian Paints Ltd.3.72% Crompton Greaves Ltd.3.30% Lupin Ltd.3.20% Ultratech Cement Ltd.3.00% Shriram Trans. Finance Co. Ltd.2.90% Union Bank Of India2.20% Exide Industries Ltd.2.15% Cummins India Ltd.2.14% Titan Industries Ltd.2.09% Yes Bank Ltd.2.08%
6
Midcap, Nifty and Nifty Jr.
(All Figures INR) Initial Investment amount: Ending amount: Years of investment: CAGR (%): Standard Deviation
Midcap 10000 77,169 10 22.66% 25.50%
Nifty 10000 47,804 10 16.93% 26.10%
Nifty Jr 10000 49,973 10 17.45% -
Source: Bloomberg. Data as on 31.12.2010. Values rebased to 10000 on 01-01-2001 Past performance may or may not be achieved in the future. CAGR: Compounded annual growth rate
7
Complements Large Caps
60% 54% 50% 40% 30% 20% 10% 0% 1Year -10% 2 Years -1% -0.4% 3 Years 4 Years 5 Years 7 Years 18% 16% 14% 11% 21% 17% 16% 45%
Midcap Nifty
23% 18% 17%
10 Years
Source: Bloomberg. Data as on 31.12.2010 Past performance may or may not be achieved in the future
8
Yearly Returns
150%
139%
CNX Midcap Nifty 106%
100% 71% 50% 25% 4% 0%
2001 2002 2003 2004 2005 2006 2007 2008 2009
74% 53% 35% 36% 40% 29%
81%
23% 9%
18% 16%
-16%
-30% -50% -53% -60% -100%
Source: Bloomberg. Past performance may or may not be achieved in the future
2010
9
100,000
120,000
140,000
160,000
180,000
1,000,000
1,200,000
1,400,000
1,600,000
200,000
400,000
600,000
800,000
20,000
40,000
60,000
80,000
-
-
The S Curve - Select Midcap Stocks
Source: Bloomberg. Values rebased to 10000 on 01-01-2001 Past performance may or may not be achieved in the future
Nifty CNX Midcap
Nifty
Jan-01 Mar-01 Jun-01 Aug-01 Nov-01 Feb-02 Apr-02 Jul-02 Oct-02 Dec-02 Mar-03 Jun-03 Aug-03 Nov-03 Jan-04 Apr-04 Jul-04 Sep-04 Dec-04 Feb-05 May-05 Aug-05 Oct-05 Jan-06 Apr-06 Jun-06 Sep-06 Nov-06 Feb-07 May-07 Jul-07 Oct-07 Jan-08 Mar-08 Jun-08 Sep-08 Nov-08 Feb-09 May-09 Aug-09 Oct-09 Jan-10 Apr-10 Jun-10 Sep-10 Nov-10
Jan-01 Mar-01 Jun-01 Sep-01 Dec-01 Mar-02 Jun-02 Sep-02 Dec-02 Feb-03 May-03 Aug-03 Nov-03 Feb-04 May-04 Aug-04 Oct-04 Jan-05 Apr -05 Jul-05 Oct-05 Jan-06 Apr -06 Jun-06 Sep-06 Dec-06 Mar-07 Jun-07 Sep-07 Dec-07 Feb-08 Jun-08 Aug-08 Nov-08 Feb-09 Jun-09 Aug-09 Nov-09 Feb-10 May-10 Aug-10 Nov-10
Jindal Steel & Power
Asian Paints
CNX Midcap
10
100,000
150,000
200,000
250,000
50,000
-
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
-
The S Curve - Select Midcap Stocks
Source: Bloomberg. Values rebased to 10000 on 01-01-2001 Past performance may or may not be achieved in the future
Nifty
Jan-01 Mar-01 Jun-01 Aug-01 Nov-01 Feb-02 Apr-02 Jul-02 Oct-02 Dec-02 Mar-03 Jun-03 Aug-03 Nov-03 Jan-04 Apr-04 Jul-04 Sep-04 Dec-04 Feb-05 May-05 Aug-05 Oct-05 Jan-06 Apr-06 Jun-06 Sep-06 Nov-06 Feb-07 May-07 Jul-07 Oct-07 Jan-08 Mar-08 Jun-08 Sep-08 Nov-08 Feb-09 May-09 Aug-09 Oct-09 Jan-10 Apr-10 Jun-10 Sep-10 Nov-10
Jan-01 Mar-01 Jun-01 Aug-01 Nov-01 Feb-02 Apr-02 Jul-02 Oct-02 Dec-02 Mar-03 Jun-03 Aug-03 Nov-03 Jan-04 Apr-04 Jul-04 Sep-04 Dec-04 Feb-05 May-05 Aug-05 Oct-05 Jan-06 Apr-06 Jun-06 Sep-06 Nov-06 Feb-07 May-07 Jul-07 Oct-07 Jan-08 Mar-08 Jun-08 Sep-08 Nov-08 Feb-09 May-09 Aug-09 Oct-09 Jan-10 Apr-10 Jun-10 Sep-10 Nov-10
Nifty Lupin CNX Midcap
Titan
CNX Midcap
11
Features of MOSt Shares M100
India’s 1st Midcap Index ETF; Based on CNX Midcap Index To be Listed on National Stock Exchange of India Limited (NSE) A mutual fund scheme with the convenience of real time liquidity and prices Diversified portfolio of 100 Midcap companies which are a part of CNX Midcap Index Low cost structure: Proposed Total Expense Ratio (TER) of 1% p.a. (Maximum permissible 1.5%p.a.) as compared to traditional investment products where the TER > 2% p.a. Complete transparency with portfolio being disclosed on daily basis No loads and a Tax efficient exposure to the market No discretion with Fund Manager / AMC, ensuring replication of the Index
For further details, please refer to the Scheme Information Document (SID)
12
MOSl Shares M100
Fund Manager: Rajnish Rastogi 15 Years Experience in Fund Management and Equity Research Qualifications - CFA, M. Tech (Mgmt & Systems) and B.Tech from Indian Institute of Technology (I.I.T.) NFO Application for ETF Units Minimum Investment ` 10,000/- & in multiple of `1 thereafter NFO Opens 12th Jan 2011 to 24th Jan 2011 During NFO, the units of MOSt Shares M100 will be allotted at 1/1000th of CNX Midcap Index value Eg. CNX Midcap index on 31st Dec 2010 : 8857.2
MOSt Shares M100 allotment price per unit : ` 8.8572 MOSt Shares M100 Units will be credited to DP Account of the investor & listed on NSE
For further details, please refer to the Scheme Information Document (SID)
13
DISCLAIMER:
This presentation has been prepared and issued on the basis of internal data, publicly available information and other sources believed to be reliable. The information contained in this document is for general purposes only and not a complete disclosure of every material fact and terms and conditions and features of Motilal Oswal MOSt Shares Midcap 100 ETF (MOSt Shares M100). The information / data herein alone is not sufficient and shouldn't be used for the development or implementation of an investment strategy. It should not be construed as investment advice to any party. All opinions, figures, charts/graphs, estimates and data included in this presentation are as on date and are subject to change without notice. While utmost care has been exercised while preparing this document, Motilal Oswal Asset Management Company Limited does not warrant the completeness or accuracy of the information and disclaims all liabilities, losses and damages arising out of the use of this information. The statements contained herein may include statements of future expectations and other forward-looking statements that are based on our current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Readers shall be fully responsible / liable for any decision taken on the basis of this presentation. No part of this document may be duplicated in whole or in part in any form and/or redistributed without prior written consent of the Motilal Oswal Mutual Fund/ Motilal Oswal Asset Management Company Limited. Readers should before investing in the Scheme make their own investigation and seek appropriate professional advice. Statutory Details: Constitution: Motilal Oswal Mutual Fund has been set up as a trust under the Indian Trust Act, 1882. Trustee: Motilal Oswal Trustee Company Limited. Investment Manager: Motilal Oswal Asset Management Company Ltd. Sponsor: Motilal Oswal Securities Ltd. Scheme Classification & Objective: Motilal Oswal MOSt Shares Midcap 100 ETF (MOSt Shares M100), an open ended Index Exchange Traded Fund that seeks investment return that corresponds (before fees and expenses) to the performance of CNX Midcap Index (Underlying Index), subject to tracking error. Asset Allocation: Securities constituting CNX Midcap Index: 95%-100%; Debt and Money market instruments and cash at call: 0-5%. Load: Entry Load: Nil Exit Load: Nil Terms of Issue: Minimum Application Amount: During NFO, Rs. 10,000/- and in multiples of Re. 1/each. Ongoing Basis, On the Exchange: The units of the Scheme are proposed to be listed on the Capital Market Segment on National Stock Exchange (NSE). On NSE, the units of the Scheme can be purchased/sold in minimum lot of 1 unit and in multiples thereafter. Directly with the Fund: The minimum number of units of the Scheme that investors can create/redeem in exchange of portfolio deposit and cash component is 2,50,000 units and in multiples thereof. Face Value & Issue Price: Offer of units having face value of Rs. 10/- per unit for cash at an allotment price during the New Fund Offer
14
and at NAV based prices during continuous offer. Investor Benefits and General Services: During continuous offer, sale and redemption on all business days at NAV based prices. NAVs to be declared on all business days. Risk Factors: (1) All Mutual Funds and securities investments are subject to market risks and there can be no assurance that the Scheme's objectives will be achieved (2) As the price / value / interest rates of the securities in which the Scheme invests fluctuates, the Net Asset Value (NAV) of the Scheme may go up or down depending upon the factors and forces affecting the securities market (3) Past performance of the Sponsor/AMC/Mutual Fund and its affiliates does not indicate the future performance of the Scheme and may not provide a basis of comparison with other investments (4) Motilal Oswal MOSt Shares Midcap 100 ETF (MOSt Shares M100) is only the name of the Scheme and does not in any manner indicate either the quality of the Scheme, its future prospects and returns. Investors are therefore urged to study the terms of offer carefully and consult their Investment Advisor before they invest in the Scheme (5) The Sponsor is not responsible or liable for any loss or shortfall resulting from the operation of the Mutual Fund beyond the initial contribution made by it of an amount of Rs. 1 Lac towards setting up of the Mutual Fund (6) The present Scheme is not a guaranteed or assured return Scheme. (7) Investment in the scheme shall be subject to various other risk factors including but not limited to risk associated with investment in equities such as trading volumes, settlement risk, liquidity risk, default risk, tracking error risk, including the possible loss of principal, investment in derivatives, etc. IISL Disclaimer: MOSt Shares M100 offered by Motilal Oswal Asset Management Company Limited (MOAMC) or its affiliates is not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (IISL) and its affiliates. IISL and its affiliates do not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) to the owners of MOSt Shares M100 or any member of the public regarding the advisability of investing in securities generally or in the MOSt Shares M100 linked to CNX Midcap Index or particularly in the ability of CNX Midcap Index to track general stock market performance in India. Please read the full Disclaimers in relation to the CNX Midcap Index in the Scheme Information Document. NSE Disclaimer: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of the Disclaimer Clause of NSE. For further Scheme Specific Risk Factors & other details, Please read the Scheme Information Document (SID) & Statement of Additional Information (SAI) carefully before investing. A copy of SID, SAI and KIM alongwith the application form are available at the office of the AMC, R&T, Distributors, or can be downloaded from www.motilaloswal.com/assetmanagement and www.mostshares.com.
15
MOSt
Mutual Fund
Shares
Acts like a fund, Trades like a share
Call: 1800-200-6626 I SMS: M100 to 575753 E-mail: [email protected] Website: www.mostshares.com www.motilaloswal.com/assetmanagement
Mos shares
Motilal Oswal Mutual Fund
presents
m100
NFO
Opens: 12th Jan 2011 Closes: 24th Jan 2011
MOSt
Mutual Fund
Shares
Acts like a fund, Trades like a share
Midcaps - Wealth Creators
India’s GDP expected to grow from $1.3 tn to $5 tn by 2020. This period may be marked by A sustained increase in discretionary spend, savings and investments. Significant growth in India allocation by global investors. Midcap stocks are best positioned to capture the India growth story - The S Curve
Source: Internal Analysis Past performance may or may not be achieved in the future
2
Midcap Stocks
Early stage growth companies – Successful small cap companies Focused on their specific niches Hidden Gems: under-researched under-owned under-valued Seasoned management, established products, reasonable market share, and name recognition Outperformance relative to large caps Complements large cap portfolios - better portfolio diversification
Source: Internal Analysis
3
Performance of Active Midcap Funds
3 Years Average Midcap Fund Performance CNX Midcap Index Outperformance -5.57% -2.36% 3.21% 5 Years 13.14% 16.71% 3.57%
Of the active midcap funds, 90% underperformed the index over 5 years 70% Underperformed the index over 3 years
Source :- www.mutualfundsindia.com and Internal Analysis Returns compounded annually Past performance may or may not be achieved in the future
4
The CNX Midcap Index
Financial Performance : minimum track record of 3 years operations and +ve net worth. Trading Interest : minimum listing record of 6 months.
The primary objective: benchmark of the Midcap segment of the market
Criteria for Selection of Constituent Stocks Exclude stocks more than 5% market capitalization of the universe. The weight of the remaining stocks is determined and cumulative weight calculated. First 75 percent of the revised universe are excluded along with Nifty Stocks. Remaining top 100 companies form the CNX Midcap Index.
Source: India Index Services & Products Ltd. (IISL) For further details, please refer to the Scheme Information Document (SID)
5
CNX Midcap Index
Key Statistics Market Cap Free Float Market Cap Weightage
Sector Allocation Financials Healthcare FMCG Engineering Chemicals TMT Auto Construction Power Cement Oil and Gas Others
Source: IISL Data as on 31.12. 2010
Maximum ` crs 29,712 10,669 3.72%
Total 21.15 12.37 8.7 8.33 8.13 6.03 6.02 5.68 5.08 4.8 3.89 9.81
Minimum ` crs 1,823 36 0.01%
Average ` crs 8,290 3,558 -
Total ` tn 8.29 3.56
Stars and Chartbusters Top 10 Constituents
Asian Paints Ltd.3.72% Crompton Greaves Ltd.3.30% Lupin Ltd.3.20% Ultratech Cement Ltd.3.00% Shriram Trans. Finance Co. Ltd.2.90% Union Bank Of India2.20% Exide Industries Ltd.2.15% Cummins India Ltd.2.14% Titan Industries Ltd.2.09% Yes Bank Ltd.2.08%
6
Midcap, Nifty and Nifty Jr.
(All Figures INR) Initial Investment amount: Ending amount: Years of investment: CAGR (%): Standard Deviation
Midcap 10000 77,169 10 22.66% 25.50%
Nifty 10000 47,804 10 16.93% 26.10%
Nifty Jr 10000 49,973 10 17.45% -
Source: Bloomberg. Data as on 31.12.2010. Values rebased to 10000 on 01-01-2001 Past performance may or may not be achieved in the future. CAGR: Compounded annual growth rate
7
Complements Large Caps
60% 54% 50% 40% 30% 20% 10% 0% 1Year -10% 2 Years -1% -0.4% 3 Years 4 Years 5 Years 7 Years 18% 16% 14% 11% 21% 17% 16% 45%
Midcap Nifty
23% 18% 17%
10 Years
Source: Bloomberg. Data as on 31.12.2010 Past performance may or may not be achieved in the future
8
Yearly Returns
150%
139%
CNX Midcap Nifty 106%
100% 71% 50% 25% 4% 0%
2001 2002 2003 2004 2005 2006 2007 2008 2009
74% 53% 35% 36% 40% 29%
81%
23% 9%
18% 16%
-16%
-30% -50% -53% -60% -100%
Source: Bloomberg. Past performance may or may not be achieved in the future
2010
9
100,000
120,000
140,000
160,000
180,000
1,000,000
1,200,000
1,400,000
1,600,000
200,000
400,000
600,000
800,000
20,000
40,000
60,000
80,000
-
-
The S Curve - Select Midcap Stocks
Source: Bloomberg. Values rebased to 10000 on 01-01-2001 Past performance may or may not be achieved in the future
Nifty CNX Midcap
Nifty
Jan-01 Mar-01 Jun-01 Aug-01 Nov-01 Feb-02 Apr-02 Jul-02 Oct-02 Dec-02 Mar-03 Jun-03 Aug-03 Nov-03 Jan-04 Apr-04 Jul-04 Sep-04 Dec-04 Feb-05 May-05 Aug-05 Oct-05 Jan-06 Apr-06 Jun-06 Sep-06 Nov-06 Feb-07 May-07 Jul-07 Oct-07 Jan-08 Mar-08 Jun-08 Sep-08 Nov-08 Feb-09 May-09 Aug-09 Oct-09 Jan-10 Apr-10 Jun-10 Sep-10 Nov-10
Jan-01 Mar-01 Jun-01 Sep-01 Dec-01 Mar-02 Jun-02 Sep-02 Dec-02 Feb-03 May-03 Aug-03 Nov-03 Feb-04 May-04 Aug-04 Oct-04 Jan-05 Apr -05 Jul-05 Oct-05 Jan-06 Apr -06 Jun-06 Sep-06 Dec-06 Mar-07 Jun-07 Sep-07 Dec-07 Feb-08 Jun-08 Aug-08 Nov-08 Feb-09 Jun-09 Aug-09 Nov-09 Feb-10 May-10 Aug-10 Nov-10
Jindal Steel & Power
Asian Paints
CNX Midcap
10
100,000
150,000
200,000
250,000
50,000
-
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
-
The S Curve - Select Midcap Stocks
Source: Bloomberg. Values rebased to 10000 on 01-01-2001 Past performance may or may not be achieved in the future
Nifty
Jan-01 Mar-01 Jun-01 Aug-01 Nov-01 Feb-02 Apr-02 Jul-02 Oct-02 Dec-02 Mar-03 Jun-03 Aug-03 Nov-03 Jan-04 Apr-04 Jul-04 Sep-04 Dec-04 Feb-05 May-05 Aug-05 Oct-05 Jan-06 Apr-06 Jun-06 Sep-06 Nov-06 Feb-07 May-07 Jul-07 Oct-07 Jan-08 Mar-08 Jun-08 Sep-08 Nov-08 Feb-09 May-09 Aug-09 Oct-09 Jan-10 Apr-10 Jun-10 Sep-10 Nov-10
Jan-01 Mar-01 Jun-01 Aug-01 Nov-01 Feb-02 Apr-02 Jul-02 Oct-02 Dec-02 Mar-03 Jun-03 Aug-03 Nov-03 Jan-04 Apr-04 Jul-04 Sep-04 Dec-04 Feb-05 May-05 Aug-05 Oct-05 Jan-06 Apr-06 Jun-06 Sep-06 Nov-06 Feb-07 May-07 Jul-07 Oct-07 Jan-08 Mar-08 Jun-08 Sep-08 Nov-08 Feb-09 May-09 Aug-09 Oct-09 Jan-10 Apr-10 Jun-10 Sep-10 Nov-10
Nifty Lupin CNX Midcap
Titan
CNX Midcap
11
Features of MOSt Shares M100
India’s 1st Midcap Index ETF; Based on CNX Midcap Index To be Listed on National Stock Exchange of India Limited (NSE) A mutual fund scheme with the convenience of real time liquidity and prices Diversified portfolio of 100 Midcap companies which are a part of CNX Midcap Index Low cost structure: Proposed Total Expense Ratio (TER) of 1% p.a. (Maximum permissible 1.5%p.a.) as compared to traditional investment products where the TER > 2% p.a. Complete transparency with portfolio being disclosed on daily basis No loads and a Tax efficient exposure to the market No discretion with Fund Manager / AMC, ensuring replication of the Index
For further details, please refer to the Scheme Information Document (SID)
12
MOSl Shares M100
Fund Manager: Rajnish Rastogi 15 Years Experience in Fund Management and Equity Research Qualifications - CFA, M. Tech (Mgmt & Systems) and B.Tech from Indian Institute of Technology (I.I.T.) NFO Application for ETF Units Minimum Investment ` 10,000/- & in multiple of `1 thereafter NFO Opens 12th Jan 2011 to 24th Jan 2011 During NFO, the units of MOSt Shares M100 will be allotted at 1/1000th of CNX Midcap Index value Eg. CNX Midcap index on 31st Dec 2010 : 8857.2
MOSt Shares M100 allotment price per unit : ` 8.8572 MOSt Shares M100 Units will be credited to DP Account of the investor & listed on NSE
For further details, please refer to the Scheme Information Document (SID)
13
DISCLAIMER:
This presentation has been prepared and issued on the basis of internal data, publicly available information and other sources believed to be reliable. The information contained in this document is for general purposes only and not a complete disclosure of every material fact and terms and conditions and features of Motilal Oswal MOSt Shares Midcap 100 ETF (MOSt Shares M100). The information / data herein alone is not sufficient and shouldn't be used for the development or implementation of an investment strategy. It should not be construed as investment advice to any party. All opinions, figures, charts/graphs, estimates and data included in this presentation are as on date and are subject to change without notice. While utmost care has been exercised while preparing this document, Motilal Oswal Asset Management Company Limited does not warrant the completeness or accuracy of the information and disclaims all liabilities, losses and damages arising out of the use of this information. The statements contained herein may include statements of future expectations and other forward-looking statements that are based on our current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Readers shall be fully responsible / liable for any decision taken on the basis of this presentation. No part of this document may be duplicated in whole or in part in any form and/or redistributed without prior written consent of the Motilal Oswal Mutual Fund/ Motilal Oswal Asset Management Company Limited. Readers should before investing in the Scheme make their own investigation and seek appropriate professional advice. Statutory Details: Constitution: Motilal Oswal Mutual Fund has been set up as a trust under the Indian Trust Act, 1882. Trustee: Motilal Oswal Trustee Company Limited. Investment Manager: Motilal Oswal Asset Management Company Ltd. Sponsor: Motilal Oswal Securities Ltd. Scheme Classification & Objective: Motilal Oswal MOSt Shares Midcap 100 ETF (MOSt Shares M100), an open ended Index Exchange Traded Fund that seeks investment return that corresponds (before fees and expenses) to the performance of CNX Midcap Index (Underlying Index), subject to tracking error. Asset Allocation: Securities constituting CNX Midcap Index: 95%-100%; Debt and Money market instruments and cash at call: 0-5%. Load: Entry Load: Nil Exit Load: Nil Terms of Issue: Minimum Application Amount: During NFO, Rs. 10,000/- and in multiples of Re. 1/each. Ongoing Basis, On the Exchange: The units of the Scheme are proposed to be listed on the Capital Market Segment on National Stock Exchange (NSE). On NSE, the units of the Scheme can be purchased/sold in minimum lot of 1 unit and in multiples thereafter. Directly with the Fund: The minimum number of units of the Scheme that investors can create/redeem in exchange of portfolio deposit and cash component is 2,50,000 units and in multiples thereof. Face Value & Issue Price: Offer of units having face value of Rs. 10/- per unit for cash at an allotment price during the New Fund Offer
14
and at NAV based prices during continuous offer. Investor Benefits and General Services: During continuous offer, sale and redemption on all business days at NAV based prices. NAVs to be declared on all business days. Risk Factors: (1) All Mutual Funds and securities investments are subject to market risks and there can be no assurance that the Scheme's objectives will be achieved (2) As the price / value / interest rates of the securities in which the Scheme invests fluctuates, the Net Asset Value (NAV) of the Scheme may go up or down depending upon the factors and forces affecting the securities market (3) Past performance of the Sponsor/AMC/Mutual Fund and its affiliates does not indicate the future performance of the Scheme and may not provide a basis of comparison with other investments (4) Motilal Oswal MOSt Shares Midcap 100 ETF (MOSt Shares M100) is only the name of the Scheme and does not in any manner indicate either the quality of the Scheme, its future prospects and returns. Investors are therefore urged to study the terms of offer carefully and consult their Investment Advisor before they invest in the Scheme (5) The Sponsor is not responsible or liable for any loss or shortfall resulting from the operation of the Mutual Fund beyond the initial contribution made by it of an amount of Rs. 1 Lac towards setting up of the Mutual Fund (6) The present Scheme is not a guaranteed or assured return Scheme. (7) Investment in the scheme shall be subject to various other risk factors including but not limited to risk associated with investment in equities such as trading volumes, settlement risk, liquidity risk, default risk, tracking error risk, including the possible loss of principal, investment in derivatives, etc. IISL Disclaimer: MOSt Shares M100 offered by Motilal Oswal Asset Management Company Limited (MOAMC) or its affiliates is not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (IISL) and its affiliates. IISL and its affiliates do not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) to the owners of MOSt Shares M100 or any member of the public regarding the advisability of investing in securities generally or in the MOSt Shares M100 linked to CNX Midcap Index or particularly in the ability of CNX Midcap Index to track general stock market performance in India. Please read the full Disclaimers in relation to the CNX Midcap Index in the Scheme Information Document. NSE Disclaimer: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of the Disclaimer Clause of NSE. For further Scheme Specific Risk Factors & other details, Please read the Scheme Information Document (SID) & Statement of Additional Information (SAI) carefully before investing. A copy of SID, SAI and KIM alongwith the application form are available at the office of the AMC, R&T, Distributors, or can be downloaded from www.motilaloswal.com/assetmanagement and www.mostshares.com.
15
MOSt
Mutual Fund
Shares
Acts like a fund, Trades like a share
Call: 1800-200-6626 I SMS: M100 to 575753 E-mail: [email protected] Website: www.mostshares.com www.motilaloswal.com/assetmanagement
