Motilal Oswal Value Index
Motilal Oswal Value Index (MOVI) Pack Plan is a 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 that enables allocation between debt and equity asset classes based on the Motilal Oswal Value Index (MOVI) levels. It allows Unit holders holding units in non-demat form to take advantage of fluctuations in equity market valuations and not just market levels.
A low MOVI level indicates that the market valuation appears to be cheap and one may allocate a higher percentage of their investments to Equity as an asset class. A high MOVI level indicates that the market valuation appears to be expensive and that one may reduce their equity allocation