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Showing posts with the label Motilal Oswal Nifty200 Momentum 30 ETF and Motilal Oswal Nifty200 Momentum 30 Index Fund.

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Motilal Oswal Nifty200 Momentum 30 ETF and Motilal Oswal Nifty200 Momentum 30 Index Fund.

Motilal Oswal Asset Management Company on Friday launched Motilal Oswal Nifty200 Momentum 30 ETF and Motilal Oswal Nifty200 Momentum 30 Index Fund. The new fund offer (NFO) of the scheme will close for subscription on February 4. These schemes replicate the performance of the Nifty200 Momentum 30 index. The Nifty200 Momentum 30 index selects the top 30 companies with the highest six-month and 12-month ‘momentum’ as defined in the index methodology. The constituents need to be p .. 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 Nifty200 Momentum 30 TRI, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved Type of Scheme An open ended scheme replicating/tracking Nifty200 Momentum 30 Index Date of Allotment 10-Feb-2022 NFO Period 21-Jan-2022 to 04-Feb-2022