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Motilal Oswal M50 ETF Fund: Motilal Oswal MF launches 5 Year G-sec ETF

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Motilal Oswal Asset Management Company has introduced the launch of Motilal Oswal 5 Year G-sec ETF. After launching an array of passive funds, this ETF by Motilal Oswal AMC is the primary ETF within the 5-year g sec class. The NFO will probably be open on November 23, 2020 and shall shut on December 2, 2020.

Motilal Oswal MF earlier launched schemes like Nifty 50 ETF, Nifty Midcap 100 ETF, NASDAQ 100 ETF.

According to a press launch despatched by the fund home, the Motilal Oswal 5 yr G-Sec ETF seeks funding return that intently corresponds (earlier than charges and bills) to complete returns of the securities as represented by the ‘Nifty 5 Yr. Benchmark G-Sec Index’, topic to monitoring error.

The ETF affords traders a pretty low price different to mounted deposit because it has virtually no default danger, no lock-in, and traditionally enticing pre- and post-tax returns, the fund home claims.

“The Motilal Oswal 5 year G-Sec ETF will invest in underlying constituent of Nifty 5 Yr Benchmark G-sec Index. With the approx. duration of 4 years, the index falls in a sweet spot between short duration and long duration G-Sec Indices.” mentioned Pratik Oswal, Head of Passive Funds, Motilal Oswal Asset Management Company Ltd. “With safety being a primary need of debt investors today, the ETF fits well for investors who are looking for safety along with better tax advantages compared to traditional fixed income products.”

The minimal utility quantity throughout NFO is Rs 500 on ongoing foundation investor can buy/redeem models of ETF on shares exchanges.

“The launch of Motilal Oswal 5 Yr G-Sec ETF adds to our repertoire of investor centric products and deepens our product offering for investor community. This ETF is key part of our endeavor to offer building blocks for asset allocation to investors.” mentioned Navin Agarwal, MD & CEO Motilal Oswal Asset Management Company.

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