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Mumbai, Oct. 11 Motilal Oswal Securities Ltd (MOSL), a financial services company, has launched a fund called ‘Next trillion dollar opportunity portfolio’ for its wealth management customers.

The fund is open for investment for a period of 45 days starting today and it has a minimum investment size of Rs 5 lakhs. The fund will invest in stocks of high growth sectors which will power the rise of India’s GDP from approx $1 trillion at present, to $2 trillion in an estimated six years time.

The investment approach will be to cherry pick small-and -mid cap growth stories sectors such as infrastructure, capital goods, power etc. The portfolio will adopt a bottom up approach in which stock selection will be the key in its investment. “The portfolio would be benchmarked against the CNX mid-cap index and it plans to follow a buy and hold strategy. The portfolio will be open-ended and its investment details would be disclosed on a quarterly basis,” the company said.

More Stories on : New Fund Offer | Mutual Funds

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