Mumbai, July 13 -- Motilal Oswal Mutual Fund has opened the New Fund Offer (NFO) for the Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund, an open-ended index fund that seeks to provide returns corresponding to the BSE Midcap 150 Momentum 30 Index, subject to tracking error. The NFO opened on 3 July 2026 and will close on 17 July 2026, while the scheme will reopen for continuous sale and repurchase on 30 July 2026.

The scheme tracks the 30 highest-momentum stocks from the BSE Midcap 150 Index using a rules-based methodology based on 12-month risk-adjusted price momentum. The portfolio is rebalanced quarterly, with individual stock weights capped at 5%. The minimum investment during the NFO is Rs 500, with additional investments in mul...