Motilal Oswal AMC to accept fresh investments in international schemes

The AMC had suspended fresh subscriptions to these schemes in Jan after the MF industry came close to breaching global investment limit

Motilal Oswal Asset Management Company (AMC) has re-opened three of its international schemes for subscription. From next month, the AMC will be accepting up to Rs 2 lakh per calendar month, per permanent account number (PAN) in Motilal Oswal S&P 500 Index Fund, Motilal Oswal MSCI EAFE Top 100 Select Index Fund and Motilal Oswal Nasdaq 100 Fund of Fund.

According to a communication issued by the AMC, the restrictions have been lifted only from