Motilal Oswal Manufacturing Fund NFO review

The Motilal Oswal Manufacturing Fund NFO was launched earlier this month, aiming to capitalise on the China+1 trend and the government's push for domestic manufacturing. The manufacturing theme has been on a hot streak in 2024, with five out of 13 such funds launched this year alone. HDFC's manufacturing fund was the largest of the lot, collecting a whopping Rs 9,563 crore during its NFO period. Back to Motilal Oswal Manufacturing Fund , it will be the tenth fund to deploy an active investment strategy in this space. In other words, the fund managers will actively pick stocks from the sector, unlike passive funds that replicate an index. Motilal Oswal Manufacturing Fund NFO: At a glance Fund name Motilal Oswal Manufacturing Fund NFO period July 19, 2024 to August 2, 2024 Fund Managers Ajay Khandelwal and Niket Shah Exit load 1 per cent if redeemed within 15 days of allotment; nil thereafter. Tax treatment If units are sold within a year