On June 5, 2025, Mumbai (Maharashtra) based Motilal Oswal Mutual Fund (MF) has launched its Motilal Oswal Bombay Stock Exchange (BSE) 1000 Index Fund, India’s first index fund tracking the BSE 1000 Total Return Index.
- The New Fund Offer (NFO) for the Motilal Oswal BSE 1000 Index Fund will open on June 5 and close on June 19, 2025.
Key Highlights:
i.The fund provides broad-based exposure to India’s equity markets by tracking the BSE 1000 Total Return Index, which covers around 94% of the India’s listed market capitalisation.
- It includes companies across large, midcap, smallcap, and micro-cap segments, representing diverse sectors and industries – from traditional industries to cutting-edge technology.
ii.The index offers a mix of established companies as well as fast-growing smaller firms from 22 different sectors.
- To reduce concentration risk, the top 10 stocks are capped at around 33% of the total weight.
- It also includes micro-cap companies, whose market size and trading activity have grown from 5 times and 14 times, respectively, over the last five years.
- The index is passively managed, based on free-float market value, and is rebalanced twice a year.
iii.This product is suitable for investors who are seeking long-term capital growth and return that corresponds to the BSE 1000 Total Return Index, subject to tracking error.
Key Features:
i.The minimum investment during NFO and thereafter is Rs.500.
ii.According to Scheme Information Document (SID), if the units are redeemed on or before 15 days from the day of allotment, an exit load of 1% will be charged.
- However, no exit load will be charged if units are redeemed after 15 days from the date of allotment.
About Motilal Oswal Mutual Fund (MF):
Managing Director (MD) & Chief Executive Officer (CEO) – Prateek Agrawal
Headquarters – Mumbai, Maharashtra
Founded – 2008
