India, April 4 -- Motilal Oswal Mutual Fund has launched a new Open Ended Growth scheme named "Motilal Oswal BSE Top 10 Banks ETF" with maturity period of 0 days from the launch date.
The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Apr 06 to Apr 06, 2026.
According to the offer document filed with SEBI, the entry and exit load is Nil.
The minimum application amount is Rs 10.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth.
The fund manager of the scheme will be Swapnil Mayekar, while the performance of the scheme will be benchmarked against BSE Top 10 Banks.
The investment objective of the scheme is to provide returns that,...