Motilal Oswal Mutual Fund launches Motilal Oswal S&P BSE Enhanced Value ETF
Jul 29, 2022 by News Team
NFO period: 29th July – 05th August, 2022
Highlights of the NFO:
Scheme type – An open ended scheme replicating / tracking the S&P BSE Enhanced Value Total Return Index
Investment objective – The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of the securities as represented by S&P BSE Enhanced Value Total Return Index, subject to tracking error. 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 performance of S&P BSE Enhanced Value 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 and Mr. Abhiroop Mukherjee
Benchmark – S&P BSE Enhanced Value Total Return Index