Motilal Oswal BSE 1000 Index Fund: NFO Details and Features
Why in the news
Motilal Oswal Mutual Fund opened a passive fund that mirrors the BSE 1000 TRI, spanning large to micro-cap shares.
Key facts
- Benchmark: BSE 1000 TRI, with 1,000 companies in 22 sectors, about 94% of listed market cap.
- NFO ran June 5-19, 2025.
- Aim: match index returns, subject to tracking error.
| Feature | Detail |
|---|---|
| Type | Passive index fund |
| Concentration | Top 10 stocks capped at 33% |
| Rebalancing | Semi-annual |
| Weighting | Free-float market cap |
Why invest
- Broad diversification, no active stock picking, lower cost.
- Tied to the Viksit Bharat 2047 goal of a $23-$35 trillion economy.
Exam angle
- Terms: NFO, TRI, passive fund, free-float weighting.