Motilal Oswal Mutual Fund launches Motilal Oswal Nifty 200 Momentum 30 ETF

Motilal Oswal Mutual Fund launches Motilal Oswal Nifty 200 Momentum 30 ETF

by News Team | Mutual Fund

NFO period: 21st January - 04th February, 2022

Highlights of the NFO:

  • Scheme type - An open ended fund replicating / tracking the Nifty 200 Momentum 30 ETF

  • Investment objective - The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the Nifty 200 Momentum 30 Total Return Index, subject to tracking error. An open ended fund replicating / tracking the Nifty 200 Momentum 30 ETF. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.

  • Product suitability - This product is suitable for investors who are seeking return that corresponds to the total returns of the Nifty 200 Momentum 30 Total Return Index subject to tracking error. Long term capital growth.

  • Minimum Application Amount - First investment is Rs. 500/- and in multiple of Rs. 1/- thereafter

  • Plan/ Options available - The scheme does not offer any Plans/Options for investment.

  • Fund Manager - Mr. Swapnil Mayekar

  • Benchmark - Nifty 200 Momentum 30 Total Return Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)