
Motilal Oswal Mutual fund has announced discontinuation of subscriptions through new Systematic Investment Plan (SIP) registrations for Motilal Oswal S&P 500 Index Fund and Motilal Oswal Nasdaq 100 Fund of Funds, effective close of business hours on December 10, 2024.
Existing SIPs as well as SIPs registered up to that date will remain unimpacted. While current suspension on lumpsum investments, Systematic Transfer Plans (STP), and Switch-ins will continue to apply, there are no restrictions on redemptions.