Insights

Suspension on Inflows of Motilal Oswal Developed Market Ex US ETFs Fund of Funds – w.e.f. April 1, 2024

April 1, 2024 . FundsIndia Desk

The Investors are requested to note that there is a Suspension imposed on subscriptions for schemes investing in Overseas ETFs per AMFI directive vide letter no. 35P/MEM-COR/126, due to industry-wide exhaustion of overseas investment limit. Subscription for Motilal Oswal Developed Market Ex US ETFs Fund of Funds via Lumpsum, Switch, SIP, and STP suspended from April 1, 2024. Redemption, Switch-out, SWPs, and Systematic Transfer-out unaffected by suspension.

Scheme CodeScheme DescriptionPlan DescriptionISIN
DMGPMotilal Oswal Developed Market Ex US ETFs Fund of FundsRegular GrowthINF247L01BS5

For more details, read the addendum.

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