NFO Alert: Motilal Oswal Mutual Fund Launches BSE Select IPO ETF

Motilal Oswal Mutual Fund has launched a new exchange-traded fund linked to IPO listings on the Bombay Stock Exchange. The Motilal Oswal BSE Select IPO ETF opened for subscription on November 20, 2025, closed on the same day, and its units were scheduled for allotment on November 20, 2025. The minimum investment for the NFO is ₹500. 

About the Scheme 

This ETF follows the BSE Select IPO Index, a benchmark built from companies that enter the market through initial public offerings and list on the BSE. The fund aims to match the index’s overall return before expenses. Performance can differ slightly from the index due to tracking error, which is common in passive schemes. 

Category and Plan Details 

The scheme falls under the Index Funds/ETF category and is structured as an open-ended fund. It is available only under a regular plan with a Growth option, without separate dividend choices. The fund is marked Very High Risk on the Risk-o-Meter. 

Costs Linked to Investment 

There is no entry or exit load for investors when buying or selling units. As per SEBI rules, a 0.005% stamp dutyapplies to mutual fund purchases, including lump sum investments, SIPs, STPs and dividend reinvestment, wherever applicable. No additional load-based charges are mentioned for this ETF. 

Fund Management Team 

The ETF will be overseen by Rakesh Shetty, Dishant Mehta and Swapnil Mayekar. Their role involves maintaining the portfolio in line with the respective IPO-based index and managing tracking-related adjustments when required. 

Motilal Oswal AMC reported ₹131,849.02 crore in Assets Under Management (AUM) as of September 30, 2025. Investor servicing and record handling for this scheme will be carried out by KFin Technologies Pvt. Ltd. 

Read More: Bandhan Mutual Fund Raises UPI Investment Limit to ₹5 Lakh for Mutual Fund Transactions! 

Conclusion 

The Motilal Oswal BSE Select IPO ETF offers market exposure to recently listed companies on the BSE through an index-based structure. It tracks the BSE Select IPO Index and is labelled very high risk, with slight variations possible due to tracking error. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Mutual Fund Investments are subject to market risks, read all the related documents carefully before investing.