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 Basket of Securities like MOSt 50.

What is MOSt Shares M50

Motilal Oswal MOSt Shares M50 ETF (MOSt Shares M50) is an open ended fundamentally weighted ETF that seeks investment return that corresponds (before fees and expenses) to the performance of the MOSt 50 Basket, subject to tracking error. It’s first of its kind of ETF in India that combines the benefits of fundamentals based investing and rational execution. It also combines the benefit of mutual fund scheme with convenience of trading like a share.

What is MOSt 50 basket?

MOSt 50 Basket is a fundamentally weighted basket based on S&P CNX Nifty Index (Nifty). The methodology is conceptualized and developed by Motilal Oswal AMC. MOSt 50 includes all the Nifty 50 stocks but not in the same proportion as Nifty. Weightage of a stock in MOSt 50 basket is determined by using Motilal Oswal AMC’s proprietary pre-defined methodology that assigns weights based on stock's fundamentals such as ROE, net worth, share price and retained earnings. This is to ensure that companies with good financial performance and reasonable valuation get higher weightage.

	What is the frequency of change in weightage of stocks in MOSt 50 basket?
	Weightage of stock in MOSt 50 basket will be readjusted as and when there is a change in constituents of Nifty or one year from last change, whichever happens earlier.

How is the price of MOSt Shares M50 determined?

For all the investment applications received during the NFO period, MOSt Shares M50 units will be allotted to investors at a price approximately equal to 1/100th of the value of MOSt 50 Basket on the allotment date. For example, if on allotment date value of MOSt 50 basket is 7500 than the units will be issued approximately at Rs.75/ -. NAV of MOSt Shares M50 will be published daily at the end of day at 9 p.m. on AMFI website www.amfiindia.com and also on AMC’s website i.e. www.motilaloswal.com/assetmanagement and www.mostshares.com.
Post NFO, MOSt Shares M50 will be listed on the capital market segment of NSE and will trade like any other share. Investors will be able to buy & sell the units of the Scheme at the prevailing price on NSE, which though a function of demand & supply, will be around the NAV of underlying MOSt Shares M50 portfolio. The indicative intra day real time NAV of MOSt Shares M50 will be displayed on AMC’s website.

	What is minimum investment amount in MOSt Shares M50?
	During NFO period, minimum investment amount is Rs.10,000/- and in multiples of Re.1/- thereafter. On an ongoing basis, on the exchange, the units of the Scheme would be in round lots of 1 unit.

	What are the advantages of MOSt Shares M50?
	· A mutual fund scheme with the convenience of trading like a share. · Lower fees and expenses. · Combines the benefit of fundaments based investing and rational execution. · Owning a diversified portfolio of top 50 stocks at low investment amount. · Better transparency with daily portfolio disclosure.

Where to buy & sell MOSt Shares M50?

During NFO, Investors can apply online on BSE Star Platform or on MFSS platform of NSE through their share broker/sub-brokers or through any Mutual Fund distributor. They can also apply directly to Motilal Oswal AMC through physical applications.
On an ongoing basis, MOSt Shares M50 will be listed on NSE and investors will be able to buy or sell MOSt Shares M50 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. 50,000 units.

	How many times has Nifty changed in the last few years?
	Nifty has under gone a change more than 60 times since 1995. Too see the details of changes over the past few years, please "Click Here".