Motilal Oswal Account Opening
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Motilal Oswal Asset Management Company Limited temporarily restricted lump sum investments and switch-in of money into certain foreign investments. These include Nasdaq Fund of Funds (FoF), the S&P 500 Index Fund, and Motilal Oswal EAFE Top 100 Select Index Fund.
The action was taken as the company is close to the market regulator's overall $1 billion investment limit in foreign stocks.
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