FAQs

	What are ETFs?
	Exchange Traded Funds (ETFs) are open ended mutual fund schemes, which are traded on stock exchanges like a share and seek investment returns that correspond to the performance of a particular index like Nifty or CNX Mid Cap Index. It combines the benefit of mutual fund scheme with convenience of trading like a share.

	What is Motilal Oswal MOSt Shares Midcap 100 ETF (MOSt Shares M100)?
	Motilal Oswal MOSt Shares Midcap 100 ETF (MOSt Shares M100) is an open ended index ETF that seeks investment return that corresponds (before fees and expenses) to the performance of CNX Midcap Index, subject to tracking error. The Scheme will invest in the securities which are constituents of CNX Midcap Index in the same proportion as in the Index.

	What is CNX Midcap Index?
	CNX Midcap Index is formulated by India Index Services & Products Limited (IISL), a joint venture between NSE and CRISIL Ltd. It comprises 100 Midcap stocks with their weightage in index being determined based on their free float market capitalisation. The primary objective of the CNX Midcap Index is to capture the movement and be a benchmark of the midcap segment of the market.

How is the price of MOSt Shares M100 determined?

MOSt Shares Midcap 100 is listed on the capital market segment of NSE and will trade like any other share. Investors can buy & sell the units of the Scheme at the prevailing price on NSE. The price on NSE though a function of demand & supply is expected to be around the NAV of the scheme. The indicative intra-day real time NAV of MOSt Shares Midcap 100 will be displayed on AMC’s website (www.motilaloswal.com/assetmanagement and www.mostshares.com). End of the day NAV of MOSt Shares Midcap 100 will also be published daily at the end of day before 9 p.m. on AMFI website i.e. www.amfiindia.com

	What is minimum investment amount in MOSt Shares M100 ?
	The units of the Scheme can be bought/sold in round lot of 1 unit on the exchange.

	What are the advantages of MOSt Shares M100?
	a. A mutual fund scheme with the convenience of trading like a share. b. Low fees and expenses. c. Owning a diversified portfolio of 100 midcap stocks at low investment amount. d. Better transparency with daily portfolio disclosure.

	Where to buy & sell MOSt Shares M100?
	MOSt Shares Midcap 100 is listed on NSE and investors can buy or sell MOSt Shares Midcap 100 from NSE through their trading accounts with their brokers/sub-brokers at prices quoted on NSE. The Large Investors can subscribe/redeem directly with the Fund only in creation unit size i.e. 2,50,000 units.