Motilal Oswal Mutual Fund discontinues subscription in Nifty Microcap 250 Index Fund due to SEBI categorisation issue

Motilal Oswal Mutual Fund has discontinued subscriptions in its Nifty Microcap 250 Index Fund following consultations with SEBI, citing the absence of a defined microcap category. The move impacts fresh investments, SIPs, and STPs, while existing terms remain unchanged.