Latest news with #BSE1000
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Business Standard
5 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
5 days ago
- 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
5 days ago
- 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.
Mint
29-04-2025
- Business
- Mint
Should you consider a fund tracking 1,000 stocks?
Motilal Oswal Asset Management Company's proposed new fund—Motilal Oswal BSE 1000 Index Fund—will be passively managed and track the newly launched BSE 1000 index. But should investors consider putting their money into a fund tracking a 1,000-stock index? First, let's look at the numbers. Motilal Oswal's new fund will invest in BSE 1000 stocks according to their weight in the index. Hence, the index's historical performance can indicate how Motilal Oswal's fund might perform compared with other index funds. Over the past 10 years, the BSE 1000 index has delivered annualised returns of 13.42%, slightly better than the BSE 500's 13.17% returns over the same period. Their returns are similar over three-year and five-year periods as well. Over a three-year period, the BSE 1000 has delivered returns of 14.17%, and the BSE 500, 13.75%. Over five years, the BSE 1000 delivered returns of 26.92% against the BSE 500's 26.3%. These are all total return index returns, which capture both price appreciation and dividend gains from the constituent stocks. The BSE 1000's outperformance over the BSE 500 is only marginal. This can be attributed to indices being market-cap weighted, which means companies with larger market capitalizations dominate the returns. The total market capitalization of the BSE 500 is ₹ 379 trillion, which is 94% of the total market capitalization of the BSE 1000 index. In terms of returns, which are measured as standard deviation, the numbers are more or less similar across three-year, five-year, and 10-year periods for both indices. The differences here are slightly more pronounced in favour of the 1,000-stock index. The BSE 1000's 10-year annualized returns of 13.42% is higher than the Nifty 50's 12.28%. Over a five-year period, the Nifty 50 clocked returns of 23.52%, lower than the 26.92% returns of the BSE 1000. Over three years, the Nifty 50 returned 12.27%, compared with the BSE 1000's 14.17%. However, the Nifty 50 has lower volatility, with a standard deviation of 16.06% versus the BSE 1000's 20.18%. A broad market index like BSE 1000 can be an alternative way for investors to participate in mid- and small-cap stocks while ensuring lower volatility than that of mid- and small-cap funds. 'Today's small-caps were micro-caps of yesterday. Such a fund allows investors to participate from the lowest end of (the) market cap spectrum to the highest," said Kavitha Menon, founder of Probitus Wealth. 'As the size of the market and company's market-caps grow, there is a need for a product that allows retail to participate in an otherwise high-risk space like small-caps." Ravi Kumar T.V., co-founder of Gaining Ground Investment Services, said the BSE 1000 index will give investors exposure to more sectors and businesses that wouldn't be available higher up the market cap chain. 'Investors get more sectors to participate in (the) BSE 1000 index. Nifty 50 or BSE Sensex 30 index's returns can get heavily influenced by (the) performance of one or two index heavyweights," he said. But while diversification is usually a good idea, it could have a limited impact on returns and risks beyond a certain point. Investors looking for a broad, passively managed fund can consider the Motilal Oswal BSE 1000 Index Fund. However, this may or may not meaningfully outperform other index funds linked to the BSE 500 or Nifty 500. Investors who have already built a passive fund portfolio with Nifty 50, BSE 500, or Nifty 500 index funds can stick with those. Those starting their investment journey can consider the BSE 1000 index fund to get a taste of the stock markets.
