Motilal Oswal Value Index (MOVI) Pack Plan – Details and Review
Motilal Oswal Value Index (MOVI) Pack Plan is a Systematic Transfer Plan
from
Motilal Oswal MOSt Ultra Short Term Bond Fund and
Motilal Oswal MOSt 10 Year Gilt Fund
to
Motilal Oswal MOSt Focused 25 Fund,
Motilal Oswal MOSt Focused Midcap 30 Fund and
Motilal Oswal MOSt Focused Multicap 35 Fund
The transfers will be enabled in the reverse as well.
The plan enables allocation between debt and equity asset classes based on the Motilal Oswal Value Index (MOVI) levels. The aim is to take allocation decision based on the equity market valuations and not just market levels.
The MOVI Index is calculated taking into account Price to Earnings, Price to Book and Dividend Yield of the CNX Nifty Index. NIFTY MOVI looks at the market levels in conjunction with the fundamentals of ...