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News Motilal Oswal Mutual Fund launches Motilal Oswal Nasdaq Q50 ETF
Dec 10, 2021
Mutual Fund
Motilal Oswal Mutual Fund launches Motilal Oswal Nasdaq Q50 ETF
NFO period: 10th December - 17th December, 2021
Highlights of the NFO:
- Scheme type - An open ended scheme replicating/ tracking Nasdaq Q-50 Index
- Investment objective - The scheme seeks investment return that corresponds with (before fees and expenses) to the performance of the NASDAQ Q-50 Index subject to tracking error and forex movement. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
- Product suitability - This product is suitable for investors who are seeking return that corresponds to the performance of the NASDAQ Q-50 TR Index subject to tracking error and forex movement. 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. Ankush Sood and Mr. Abhiroop Mukherjee
- Benchmark - NASDAQ Q-50 Total Return Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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