Motilal Oswal Mutual Fund launches Nifty Index Fund!
In recent years, the shares of companies related to the capital market theme have seen a strong rise in the indian stock market. But for those investors who want to invest in more than one stock related to this theme, Motilal oswal Mutual Fund has come up with its latest fund offer named Motilal oswal Nifty capital Market Index Fund. This NFO will be open for investors' investment from november 26 to december 10, 2024.
Exposure to stocks with capital market themes
Motilal oswal Nifty capital Market Index Fund is giving investors exposure to listed stocks with capital market themes. This index includes 15 companies which are also part of Nifty 500. Investors will be able to apply for the NFO of capital Market Index Fund from 26 november to 10 december 2024. Nifty capital Market Total Return Index is the benchmark of this fund. Looking at the portfolio strategy, this is a high-growth fund which is for high-risk investors. This fund is for those investors who want long-term capital growth and returns.
Monthly turnover expected to reach 95000 crores
Nifty capital Market Total Return Index has given a return of 96.9 percent to investors in the last one year. And in the last 3 years till 31 october 2024, this index fund has given a return of 31.9 percent. According to Motilal oswal Mutual Fund, this theme has the potential to give great returns to the investors but there is also a possibility of huge volatility in it. Between 2010 and 2024, exchange volume and turnover have seen an annual growth of 52 per cent and the average monthly turnover is expected to reach Rs 95000 lakh crore by FY 2024-25.