Motilal Oswal M50 ETF

(MOM50)

Motilal Oswal M50 ETF is an exchange-traded fund (ETF) owned by Motilal Oswal Asset Management Company that tracks the Nifty 50 Equal Weight Index, consisting of the top 50 companies listed on the National Stock Exchange (NSE). This index comprises of stocks like IndusInd Bank, Reliance and Hindalco among others. This passively managed ETF aims to provide investors with returns that closely match the index returns while providing broad exposure to the large-cap stocks in the Indian market. The Nifty 50 Equal Weight Index captures the performance of the stocks in the index with reduced volatility.

The ETF was launched in October 2018 and is a portfolio diversification tool for investors seeking to benefit from potential growth in the Indian markets. This low-cost, liquid, and tax-efficient ETF is suitable for all types of investors, whether short-term or long-term. It offers an easy and cost-effective way for investors to gain exposure to the Nifty 50 Equal Weight Index and is an ideal investment option for those seeking to diversify their portfolio.

Owner: Motilal Oswal Mutual Fund
Ticker: MOM50
Price: ₹232.12 per unit as on 06 Mar, 2025 04:01 PM
Asset Under Management AUM: ₹48.91Cr as of today
Expense Ratio: 0.06% as of today