2024-03-13 02:17:53 pm | Source: Accord Fintech
Motilal Oswal Mutual Fund introduces Nifty Smallcap 250 ETF
Motilal Oswal Mutual Fund (MF) has launched Motilal Oswal Nifty Smallcap 250 ETF, an open-ended scheme. The NFO opens for subscription on March 13, 2024 and closes on March 15, 2024. Both entry load and exit load will be nil for the scheme. The minimum subscription amount is Rs 500 and in multiples of Re 1 thereafter. Its fund managers are Swapnil Mayekar and Rakesh Shetty (Debt Component).
The investment objective of the scheme is to provide total returns that, before expenses, closely correspond to the total returns of the securities as represented by Nifty Smallcap 250 Index, subject to tracking error.
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
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