About Motilal Oswal Long Term Equity Fund Direct - Growth
Motilal Oswal Long Term Equity Fund Direct - Growth is a Tax Saver
mutual fund scheme from Motilal Oswal Mutual Fund
. This scheme was launched on 21 Jan 2015 and is currently managed by its fund manager Aditya Khemani
. It has an AUM of ₹1,385.61 Crores and the latest NAV decalared is ₹17.151 as on 11 Jul 2020 at 10:20 pm.
Motilal Oswal Long Term Equity Fund Direct - Growth scheme return performance in last 1 year is -3.00%, in last 3 years is 1.65% and 69.85% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
About Fund Category
Having a statutory lock-in period of 3 years, ELSS Funds enable long term wealth accumulation along with the benefit of tax saving. Investing in ELSS Funds makes you eligible to claim a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act 1961.