Latest news with #BSE1000
Economic Times
5 hours ago
- Business
- Economic Times
Conditioning a cool behavioural move
Agencies In a warming India, ACs are a necessity. Yet, only about 7% of households own one. That's changing fast. 14 mn units were sold last year alone, and residential ownership is projected to grow 9x by mid-century. This surge could require tripling electricity production. But before that, the grid needs protection. In a welcome step, GoI announced on Tuesday that it plans to soon mandate temperature settings between 20° C and 28° C for all ACs - residential, commercial, and even those in vehicles. The move aims to improve energy efficiency, smooth out demand spikes and cut consumer power bills. Many ACs allow settings as low as 16° C and as high as 30° C, encouraging energy 2050, air conditioning could account for a quarter of India's GHG emissions and nearly half of nationwide peak electricity demand, according to UNEP's Cool Coalition. Yet, India has so far declined to sign the coalition's Global Cooling Pledge, which seeks to reduce the sector's climate impact. There is, however, some good news. Consumers are increasingly opting for energy-efficient, star-rated ACs. But high prices remain a significant barrier, especially for lower- and middle-income buyers. A CEEW report, 'Do Residential AC Buyers Prioritise Energy Efficiency?', recommends measures like tax breaks, bulk procurement and cross-brand incentive programmes to improve affordability and encourage wider adoption. The report also highlights another crucial, but often overlooked, factor: good servicing practices (GSPs). Buying an energy-efficient AC is not enough. Without regular servicing, performance declines over the unit's 7-10-year lifespan, undermining expected energy and cost savings. To promote GSPs, awareness campaigns must stress their impact on efficiency. Without this behavioural nudge, tech and policy efforts may not deliver their full potential. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Benchmarked with BSE 1000, this index fund will diversify your bets. But at a cost. Yet another battle over neem; this time it's a startup vs. Procter & Gamble Warren Buffett-fan Pabrai is betting big on Edelweiss' Rashesh Shah. Will it pay off? Move over tariffs, China wields rare earths in an economic war of a different kind Stock Radar: MGL trades above upwards sloping trendline, reclaims 100-EMA; check target & stop loss F&O Radar | Deploy Bull Call Spread in GAIL to play a bullish bet These 7 banking stocks can give more than 20% returns in 1 year, according to analysts Being an Amul shareholder is not possible; the next best dairy sector bets: 4 stocks, different market caps, upside potential is incidental
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Business Standard
7 days ago
- Business
- Business Standard
India's first BSE 1000 Index Fund is here: Invest in 1,000 cos with Rs 500
Motilal Oswal Mutual Fund (MOMF) on Thursday launched India's first-ever index fund tracking the BSE 1000 Total Return Index, providing investors with a unique opportunity to access a diversified portfolio of the top 1,000 listed companies across large, mid, small, and micro-cap segments. The fund opened for subscription on 5 June under a New Fund Offer (NFO) that will run until June 19, 2025. What is the Motilal Oswal BSE 1000 Index Fund? This new fund passively replicates the BSE 1000 Total Return Index, which covers about 94% of India's listed market capitalization, making it one of the most inclusive equity benchmarks in the country. It spans 22 sectors, offering investors exposure to both industry leaders and high-growth emerging businesses. It offers exposure to a mix of established market leaders and emerging companies across 22 sectors, with the top-10 stock weight capped at 33%, thereby helping to reduce concentration risk. The index also includes micro-cap companies, whose market capitalization and liquidity have grown approximately 5× and 14× respectively over the past five years. All within a passive, free-float weighted structure with semi-annual rebalancing. NFO Period: June 5, 2025 to June 19, 2025 Investment Objective: The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of the securities as represented by BSE 1000, subject to tracking error. However, there can be no assurance or guarantee that the investment objectives of the scheme will be achieved. Benchmark: BSE 1000 Total Return Index Investor Profile: This product is suitable for investors who are seeking long-term capital growth and return that corresponds to the BSE 1000 Total Return Index, subject to tracking error. Minimum application: During the NFO and ongoing Bases: For Lump sum: ₹ 500 and multiples of ₹ 1 thereafter. For the Systematic Investment Plan (SIP), the minimum instalment amount, frequency, number of instalments, and choice of SIP date/day are different and as specified in the Scheme Information Document. 1 % - If redeemed on or before 15 days from the allotment. Nil - thereafter. Why this fund matters: Broad Diversification: Covers companies across all market caps and sectors Reduced Concentration Risk: Top 10 stocks capped at ~33% Passive & Cost-Effective: Semi-annual rebalancing, no active stock picking Aligned with India's Growth: Reflects economic trends in infrastructure, manufacturing, tech, and more According to MOAMCs internal research, India is expected to continue on a strong growth trajectory, supported by strong fundamentals, supportive policies, and robust domestic demand. The International Monetary Fund ('IMF') projects India's GDP growth at 6.2% in 2025 and 6.3% in 2026 economies. "This growth is aligned with India's 'Viksit Bharat 2047' vision, which aims to transform the country into a fully developed, high-income nation by 2047, with a targeted GDP of $23–$35 trillion and per capita income of $15,000–$20,000. As India progresses in areas like technology, manufacturing, energy, and infrastructure, opportunities are likely to arise across multiple sectors. A diversified portfolio like the BSE 1000, encompassing a wide range of listed companies, offers investors a structured way to participate in this evolving growth landscape," Motilal Oswal said in a statement. Who Should invest? This fund is ideal for: Long-term investors seeking capital growth Those looking for passive, diversified exposure to India's equity markets Investors wanting to ride India's transformation journey towards Viksit Bharat 2047 'We are proud to launch India's first index fund tracking the BSE 1000 Total Return Index, giving investors access to India's largest and most inclusive equity index. This fund aims to captures the performance of 1,000 companies spanning large, mid, small, and micro-cap companies across 22 sectors. It provides a diversified exposure to India's corporate sector and is a natural evolution for investors seeking a passive investment option," said Pratik Oswal, Chief of– Passive Business, Motilal Oswal Asset Management Company ('MOAMC'): The Motilal Oswal BSE 1000 Index Fund offers a low-cost, diversified gateway into India's equity markets for those seeking to invest in the country's long-term growth story—from giants to up-and-comers, all in one basket. Mutual Fund investments are subject to market risks, read all scheme-related documents carefully before investing. Past performance is not indicative of future returns. Please consult your financial advisor before making any investment decisions.
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Business Standard
04-06-2025
- Business
- Business Standard
E-commerce giant Flipkart offloads 6% stake in ABFRL; sells 73 mn shares
Carlyle Group affiliate firm, C A Dawn Investments, on Wednesday sold its entire 10.20 per cent in Indegene for ₹1,447 crore BS Reporter Flipkart Investments on Wednesday offloaded 6 per cent stake in Aditya Birla Fashion & Retail Ltd (ABFRL) for ₹588 crore. The e-commerce giant sold 73.17 million shares at ₹80.32 apiece. Shares of ABFRL fell nearly 11 per cent in secondary market trading to end at ₹76.8. Carlyle Group affiliate firm exits Indegene Carlyle Group affiliate firm, C A Dawn Investments, on Wednesday sold its entire 10.20 per cent in Indegene for ₹1,447 crore. It sold nearly 24.5 million shares at ₹591 apiece. Shares of Indegene fell 4.7 per cent to end at ₹590. Founder Kunhikannan sells 1.76% in Kaynes Ramesh Kunhikannan, founder, Kaynes Technology on Wednesday divested his 1.76 per cent stake in the firm. He sold 11.25 million shares at ₹5,551 apeice to raise ₹623 crore. Shares of Kaynes fell about a per cent to close at ₹5,730 crore. BS reporters Motilal Oswal Mutual Fund (MF) launched the first passive fund tracking the BSE 1000 index. The scheme Motilal Oswal BSE 1000 Index Fund, representing top 1000 listed companies offers exposure to about 94 per cent of the country's listed market capitalisation. The index at present has firms across 22 sectors. The top-10 stock weight is capped at 33 per cent to reduce concentration risk. Motilal Oswal is also in the process of finalising its plan to launch a scheme under the newly-introduced specialised investment fund (SIF) category in the next 6 months. Sekhmet Pharma appoints Santosh Mahil MD & CEO Private equity consortium led by PAG Sekhmet Pharmaventures has appointed Santosh Kumar Mahil (pictured) as the managing director (MD) and chief executive officer (CEO). Sekhmet is an investment platform that helps India's next generation of active pharmaceutical ingredient (API) companies. Mahil has nearly three decades of experience, having held leadership roles at Lupin, USV, Unichem, and Shilpa Medicare. BS reporter
Time of India
04-06-2025
- Business
- Time of India
NFO Update: Motilal Oswal Mutual Fund launches BSE 1000 Index Fund
Motilal Oswal Mutual Fund has announced the launch of its latest new fund offer 'Motilal Oswal BSE 1000 Index Fund', an open-ended fund replicating/tracking the BSE 1000 Total Return Index, India's First Index fund tracking BSE 1000 Total Return Index, representing top 1000 listed companies - offering a wide market representation within a single index. The new fund offer or NFO of the scheme will open for subscription on June 5 and will close on June 19. Also Read | Smallcap mutual funds emerge as top performers in May with average return of 8%. Opportunity or time for caution? Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of the securities as represented by BSE 1000, subject to tracking error. The scheme will be benchmarked against the BSE 1000 Total Return Index and will be managed by Swapnil Mayekar, Dishant Mehta, and Rakesh Shetty. Live Events Motilal Oswal BSE 1000 Index Fund provides broad-based exposure to India's equity markets by tracking the BSE 1000 Total Return Index, which covers approximately 94% of the country's listed market capitalization . The index includes companies across large, mid, small, and micro-cap segments, representing diverse sectors and industries -from traditional industries to cutting-edge technology. It offers exposure to a mix of established market leaders and emerging companies across 22 sectors, with the top-10 stock weight capped at 33%, thereby helping to reduce concentration risk. The index also includes micro-cap companies, whose market capitalization and liquidity have grown approximately 5× and 14× respectively over the past five years. All within a passive, free-float weighted structure with semiannual rebalancing. 'India's growth story is gaining real momentum, fueled by strong domestic demand, policy reforms, and growing confidence in capital markets. As growth managers, we focus on identifying long-term structural trends and building portfolios that capitalise on India's evolving economic landscape. The Motilal Oswal BSE 1000 Index Fund is an extension of our philosophy, offering investors access to a diverse range of listed companies in India across various sectors and market capitalisations. It is a simple, yet effective way to participate in India's long-term growth through a diversified and resilient framework,' said Prateek Agrawal, MD & CEO, Motilal Oswal Asset Management Company. This product is suitable for investors who are seeking long-term capital growth and return that corresponds to the BSE 1000 Total Return Index, subject to tracking error. Also Read | Which mutual funds are scoring high on value, quality and momentum factors: Insights from MF scorecard The minimum amount for lumpsum investment is Rs 500 and multiples of Re 1 thereafter. For the Systematic Investment Plan (SIP), the minimum instalment amount, frequency, number of instalments, and choice of SIP date/day are different and as specified in the Scheme Information Document 'We are proud to launch India's first index fund tracking the BSE 1000 Total Return Index, giving investors access to India's largest and most inclusive equity index. This fund aims to captures the performance of 1,000 companies spanning large, mid, small, and micro-cap companies across 22 sectors. It provides a diversified exposure to India's corporate sector and is a natural evolution for investors seeking a passive investment option. As pioneers in passive investing, our goal is to offer simple, low-cost, and scalable investment options, and this launch aligns with that objective,' said Pratik Oswal, Chief of– Passive Business, Motilal Oswal Asset Management Company.
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Business Standard
20-05-2025
- Business
- Business Standard
BSE's Asia Index expands offerings with four new factor-based indices
Asia Index, a subsidiary of BSE, on Tuesday launched four factor-based indices as part of its ongoing revival efforts over the past year. The company became a wholly-owned subsidiary of BSE in June last year after the exchange bought the stake previously held by S&P Dow Jones Indices. The indices launched include BSE 500 Enhanced Value 50, BSE 500 Low Volatility 50, BSE 500 Momentum 50, and BSE 500 Quality 50. According to the company, a key differentiator compared to similar offerings from NSE Indices is the frequency of rebalancing. The BSE indices will be rebalanced on a quarter-wise basis. 'The introduction of quarterly reconstitution schedule in our factor indices will enable factor signals to capture the most recent financial and stock price data,' said Ashutosh Singh, managing director and chief executive officer of Asia Index. Also Read Since the change in ownership, it has intensified its focus on index development. In FY25, it unveiled 20 indices, including differentiated offerings such as the BSE 1000. The company is aiming to recover lost ground after lagging behind NSE Indices in index creation during the final five years of joint ownership. 'In terms of market share, we are way below. The priority is to look at our product profile and launch indices based on discussions with mutual funds. This year, our focus is going to be on launching a lot more indices,' Singh added.
