MUTUAL FUNDS
Motilal Oswal Mutual Fund files offer document for Nifty PSU Bank ETF
Oct-07-2026
Motilal Oswal Mutual Fund has filed offer document with SEBI to launch an interval investment strategy ended fund of fund scheme named ‘Motilal Oswal Nifty PSU Bank ETF'. The New Fund Offer price will be Rs 10 during the NFO. 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 will be benchmarked against Nifty PSU Bank Total Return Index. The minimum application on exchange can be in round lot of 1 unit and in multiples thereof.

The investment objective of the scheme is to return that corresponds to the performance of the Nifty PSU Bank Total Return Index subject to tracking error, and for Long-term capital growth.

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