Motilal Oswal Mutual Fund Launches MOSt Shares M50 - India’s 1st Fundamentally Weighted ETF Based on Nifty
Motilal Oswal Asset Management Company Ltd. has announced the launch of Motilal Oswal MOSt Shares M50 ETF, an open ended Exchange Traded Fund focusing on investing in a fundamentally weighted basket of stocks that comprise the S&P CNX Nifty Index (Nifty). This will be India’s 1st Fundamentally weighted ETF based on Nifty and will extend the ETF product set towards a new paradigm.
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