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