Motilal Oswal Asset Management Company Ltd. (MOAMC) is a public limited company incorporated under the Companies Act, 1956 on November 14, 2008, having its Registered Office at 10th Floor, Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai - 400025.
Motilal Oswal Asset Management Company Ltd. has been appointed as the Investment Manager to Motilal Oswal Mutual Fund by the Trustee vide Investment Management Agreement (IMA) dated May 21, 2009, executed between Motilal Oswal Trustee Company Ltd. and Motilal Oswal Asset Management Company Ltd.

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Motilal Oswal AMC announces launch of 2 Large-Cap Index funds

Mumbai   03-Dec-2019

Motilal Oswal Asset Management Company Ltd. (Motilal Oswal AMC), one of India’s fastest growing boutique AMC has launched 2 large cap Index (passive) funds:

 • Motilal Oswal Nifty 50 Index Fund
 • Motilal Oswal Nifty Next 50 Index Fund

The NFO for these two funds opens on December 3 and closes on December 17, 2019.

These two new funds are pure index funds, based on the most popular indices in India, Large-Cap Nifty 50 & Nifty Next 50. 

Large-Cap Index funds have a purity of allocation to large caps and provide stability as they are large in size, dominant in their sectors and generally have good customer reputation. It provides additional income in the form of dividends as many Large-Caps generally pay steady dividends. Large-Cap index companies are more transparent in terms of statements and workings leads to ease in decision making for long term investors. The accuracy in evaluation is more due to established knowledge of company history, and wider coverage of current activities and financial statements. 

The Large-Cap index fund may be expected to give returns closest to Index as the active Large-Cap funds include some percentage of midcap & small cap companies in their portfolios. In the recent past, midcap and small cap companies have underperformed significantly and in any case for investors desirous of managing a pure allocation, mixing of market caps to beat indices is not ideal because it increases their risk.
 
Efficiencies in Large-Cap in increasing by each passing days. Hence it is likely to be incrementally difficult for active Large-Cap funds to generate considerable alpha. Hence a pure Large-Cap index fund should be considered as one of the options during asset allocation.  

Large-Cap are becoming bigger with each passing day. These two Large-Cap index funds by Motilal Oswal AMC, may offer a good option to have in ones portfolio for wealth creation. 

Speaking on the launch, Mr. Aashish Somaiyaa, MD & CEO, MOAMC said, “These launches are in continuation of our recent efforts to retailize passive investing through investor friendly open ended index fund formats with ability to size at a bite size as low as Rs 500/- . We have received enthusiastic response to our index fund launches as they have gained prominence amongst digitally savvy DIY investors as well as distributors and advisors who take low cost tools for asset allocation and financial planning very seriously.”

Mr. Pratik Oswal, Head of passive funds, MOAMC said, “With the launch of the Nifty 50 and Nifty Next 50 index funds – Motilal Oswal AMC is now able to provide low-cost asset allocation building blocks 

across all categories – large, mid, small, multi-cap, international (NASDAQ) and sectoral (Bank Index). Investors looking for exposure to index funds can now do so with our extensive product bouquet.”
The funds are available across all the platforms including MOAMC.

Mr. Swapnil Mayekar is the fund manager of these 2 Index funds.


1. Motilal Oswal Nifty 50 Index Fund –The scheme seeks investment return that corresponds to the performance of Nifty 50 Index (underlying index), subject to tracking error. (Please check the details here https://drive.google.com/open?id=192-VfkpUyDMcomMWpTHpRnfF31PtYRWv )

2. Motilal Oswal Nifty next 50 Index Fund - The scheme seeks investment return that corresponds to the performance of Nifty next 50 Index, subject to tracking error.  (Please check the details here https://drive.google.com/open?id=1HU7fugrLorQChd0Zpl7GXJ6fiAWYyN2E)

About Motilal Oswal Asset Management Company: 

Motilal Oswal Group possesses legacy in equities for over 3 decades. Motilal Oswal Asset Management Company (Motilal Oswal AMC) is registered with SEBI as the Investment Manager for Motilal Oswal Mutual Fund. It was incorporated on November 14, 2008. It provides Investment Management and Advisory Services to investors based within and outside India and having Portfolio Management Services business, ETFs and Mutual Funds. 

Motilal Oswal AMC is one of the most honored and trusted names in equity investing and manages over USD 5 bn of assets. MOAMC is one of the pioneers of PMS business with over 16 years of track record. It is one of the pioneers of passive funds in India through ETFs way back in 2010, Nifty 50, Nifty Midcap 100, Nasdaq 100 – the only offshore ETF and have exclusive rights for Nasdaq.

MOAMC is one of the fastest growing Asset Management Companies in India with a unique investment philosophy, ‘Buy Right; Sit Tight’ which means buying quality companies at a reasonable price and Sit Tight to ride their growth cycle for a long period of time.

For further details contact:

Rohini Kute
Head, Corporate Communication, 
Motilal Oswal Financial Services
Mob +91 9820196838
Mail: rohini.kute@motilaloswal.com