As per the latest communication from Motilal Oswal Mutual Fund, subscriptions via lumpsum investments, switch-ins, SIPs, and STP-ins in the following schemes will be temporarily suspended on the BSE STAR MF platform from January 5, 2025:
Motilal Oswal S&P 500 Index Fund
Motilal Oswal Nasdaq 100 Fund of Fund
Here’s what this means:
Lumpsum investments and switch-ins won’t be accepted.
SIPs and STP-ins (both new and existing) will not be processed until further notice.
Existing SIPs will be paused and can only resume when the AMC provides an update.
STPs will appear active in the system but won’t be executed.
However, redemptions, switch-outs, AMC STP-outs, and SWPs will continue as usual.
For further information, please refer to the BSE circulars.