MUTUAL FUNDS
Motilal Oswal Mutual Fund files offer document for Nifty India Tourism ETF
May-16-2025

Motilal Oswal Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘Motilal Oswal Nifty India Tourism ETF'. The New Fund Offer price for units would be Rs 10 each during the NFO period. Entry load and exit load will be nil. The Scheme does not offer any Plans/Options for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance of the scheme will be benchmarked against Nifty India Tourism Total Return Index, the minimum application amount is Rs 500 and in multiples of Re 1 thereafter.

The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by Nifty India Tourism Index.


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