Motilal Oswal launches thematic index fund targeting India's clean economy
Mumbai, June 4 -- The new fund offer (NFO) will open on 5 June 2026 and close on 19 June 2026. Units will be allotted on 19 June 2026.
The scheme aims to generate returns, before expenses, that correspond to the total returns of the BSE Clean Environment Index, subject to tracking error. It will follow a passive investment strategy and use the BSE Clean Environment Total Return Index as its benchmark.
According to the latest BSE factsheet, the BSE Clean Environment Index consists of 25 stocks and follows a capped free-float market capitalisation methodology. The index was launched on 20 January 2026, with a base value of 1,000 and a first value date of 18 December 2017. It is reconstituted semi-annually in June and December.
As of 29 M...
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