- Home
News Motilal Oswal Mutual Fund launches Motilal Oswal Nifty India Defence ETF
Aug 19, 2024
Mutual Fund
Motilal Oswal Mutual Fund launches Motilal Oswal Nifty India Defence ETF
NFO period: 19th August - 21st August, 2024
Highlights of the NFO:
- Scheme type - An open-ended fund replicating/tracking the Nifty India Defence Total Return Index.
- 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 Nifty India Defence 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 returns of the Nifty India Defence Total Return Index, subject to tracking error by investing long term capital growth.
- Minimum Application Amount - First investment is Rs. 500/- and in multiples of Re. 1/- thereafter.
- Plan/ Options available - The Scheme does not offer any Plans/Options for investment.
- Fund Managers - Mr. Swapnil Mayekar and Mr. Rakesh Shetty
- Benchmark - Nifty India Defence Total Return Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
Recent News
Motilal Oswal Mutual Fund launches Motilal Oswal Arbitrage Fund...
The primary investment objective of the scheme is to generate long term growth o...
Read more
Mirae Asset Mutual Fund launches Mirae Asset Nifty India New Age Consu...
The investment objective of the scheme is to provide long-term capital appreciat...
Read more
Mirae Asset Mutual Fund launches Mirae Asset Nifty India New Age Consu...
The investment objective of the scheme is to generate returns, before expenses, ...
Read more