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Motilal Oswal Mutual Fund launches Motilal Oswal Nasdaq Q50 ETF

by News Team | Mutual Fund

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.)