Motilal Oswal Mutual Fund Launches a New Nifty Smallcap 250 ETF

Motilal Oswal Mutual Fund has launched a new open-ended fund called Motilal Oswal Nifty Smallcap 250 ETF. This exchange-traded fund (ETF) aims to track the performance of the Nifty Smallcap 250 Index, which means it will invest in the same 250 small-cap companies as the index. The objective is to provide returns that closely match the index’s performance, after accounting for expenses. There is no guarantee of achieving this objective. The minimum investment is Rs. 500 and the fund is open for subscription until March 15, 2024.

Investment Objective

The investment objective of the Motilal Oswal Nifty Smallcap 250 ETF is to provide total returns that, before expenses, closely correspond to the total returns of the securities as represented by the Nifty Smallcap 250 Index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.

This Motilal Oswal Nifty Smallcap 250 ETF’s NFO is suitable for investors who are seeking a return that corresponds to the performance of the Nifty Smallcap 250 TR Index and long-term capital growth.

Funds Allocation

Benchmark

The performance of the Motilal Oswal Nifty Smallcap 250 ETF will be benchmarked with the Nifty Smallcap 250 TR Index.

Fund Managers

• Mr. Swapnil Mayekar (Fund Manager), Age: 39 years, Educational Qualification: M. Com, over 13 years of experience.
• Mr. Rakesh Shetty (Fund Manager – Debt Component), Age: 41 years, Educational Qualification: B. Com, over 14 years of experience.

Peers of Motilal Oswal Nifty Smallcap 250 ETF and their Performance

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.