NFO Watch: Motilal Oswal Mutual Fund launches manufacturing fund

Motilal Oswal's Manufacturing Fund opens NFO from July 19-August 2, managed by six experts, indexed to Nifty India Manufacturing Total Return Index, with a 1% exit load within three months, 2.25% TER, and Rs 500 minimum investment. It invests in REITs, InvITs, and follows an active strategy in manufacturing sectors benefiting from government incentives.