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NFO alert: Motilal Oswal BSE 1000 Index Fund launched — here's all you need to know
NFO alert: Motilal Oswal BSE 1000 Index Fund launched — here's all you need to know

Mint

time5 days ago

  • Business
  • Mint

NFO alert: Motilal Oswal BSE 1000 Index Fund launched — here's all you need to know

Motilal Oswal Mutual Fund has announced the launch of 'Motilal Oswal BSE 1000 Index Fund', an open-ended fund that tracks the BSE 1000 Total Return Index. Notably, this is the first fund to replicate the BSE 1000 Total Return Index, which covers approximately 94 per cent of the country's listed market capitalisation. It offers investors a wide equity market representation within a single index, the company said in a press release. According to the company, the new fund offer ( NFO) will open for subscription from June 5 to June 19, 2025. Investors can put in a minimum lump sum amount of ₹ 500, with subsequent multiples of ₹ 1. The company also mentioned that an exit load of 1 per cent will be applicable if the investment is redeemed within 15 days of allotment. No exit load will be charged after this period. The NFO is suitable for investors who are seeking long-term capital growth and return that corresponds to the BSE 1000 Total Return Index, although its performance may vary due to tracking error, the company said. The Motilal Oswal BSE 1000 Index Fund includes companies across large, mid, small, and micro-cap segments, representing diverse sectors and industries - from traditional industries to cutting-edge technology. This index provides a blend of established companies and emerging companies across 22 sectors, reducing dependence on a few large stocks. To minimise risk, the top 10 stocks are capped at around 33 per cent of the total weightage. '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 capitalisation 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,' the company said in the statement. Delving into the asset allocation of the fund and associated risks, Pratik Oswal, Head of Passive Funds at Motilal Oswal, said BSE 1000 TRI is primarily a large and mid-cap index, which makes it 'relatively less risky'. 'Approximately 75 to 80 per cent of the index will be large and mid-cap. 60 per cent is large cap. So relatively, it's not a very risky fund. But, however, it's a 100 per cent equity fund,' Oswal said, adding that this fund will benefit investors who are looking at a long-term approach to investing. 'An investor should not look at it from a one or two-year perspective. It should be a minimum five-year perspective. That's important when you look at these sorts of funds.' He also mentioned that investors who are concerned about the returns getting diluted due to the over-diversification in the fund should note that this fund follows the 'Darwinism' approach in the stock market. 'If a stock is performing well in the current market, its weightage in the fund increases and if the opposite happens, the weightage of the fund will automatically go down.'

Motilal Oswal MF launches BSE 1000 Index Fund: Here's all you need to know
Motilal Oswal MF launches BSE 1000 Index Fund: Here's all you need to know

Business Standard

time6 days ago

  • Business
  • Business Standard

Motilal Oswal MF launches BSE 1000 Index Fund: Here's all you need to know

Motilal Oswal BSE 1000 Index Fund: Motilal Oswal Mutual Fund has launched its Motilal Oswal BSE 1000 Index Fund, an open-ended scheme tracking BSE 1000 Total Return Index. The new fund offer (NFO) will open for subscription today, June 5, 2025, and close on Thursday, June 19, 2025. The fund provides broad-based exposure to India's equity markets by tracking the BSE 100 Total Return Index, which covers around 94 per cent of the country's listed market capitalisation. It includes companies across large, midcap, smallcap, and micro-cap segments, representing diverse sectors and industries. The index offers a mix of established companies as well as fast-growing smaller firms from 22 different sectors. To reduce concentration risk, the top 10 stocks are capped at around 33 per cent of the total weight. It also includes micro-cap companies, whose market size and trading activity have grown from 5 times and 14 times, respectively, over the last five years. The index is passively managed, based on free-float market value, and is rebalanced twice a year. According to the Scheme Information Document (SID), the scheme aims to provide returns that, before expenses, correspond to the total returns of the securities as represented by BSE 1000, subject to tracking errors. However, there can be no assurance or guarantee that the investment objectives of the scheme will be achieved. According to SID, if the units are redeemed on or before 15 days from the day of allotment, an exit load of 1 per cent will be charged. However, no exit load will be charged if units are redeemed after 15 days from the date of allotment. According to the riskometer, the principal invested in the scheme will be at very high risk. ALSO READ | Swapnil Mayekar, Dishant Mehta, and Rakesh Shetty are the designated fund managers for the schemes. Pratik Oswal, chief of passive business at Motilal Oswal Asset Management Company (MOAMC), said that this fund 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," he added. During the NFO and ongoing basis, investors can invest a minimum amount of ₹5,000 and in multiples of ₹1 thereafter. The minimum amount and frequency vary for investments through a Systematic Investment Plan (SIP). Motilal Oswal BSE 1000 Index Fund: Who should invest? According to the SID, the fund is suitable for investors seeking long-term capital growth and return that corresponds to the BSE 1000 Total Return Index, subject to tracking error. However, investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Courts must remain vigilant against weaponisation of criminal laws: Karnataka High Court
Courts must remain vigilant against weaponisation of criminal laws: Karnataka High Court

The Hindu

time7 days ago

  • Business
  • The Hindu

Courts must remain vigilant against weaponisation of criminal laws: Karnataka High Court

Courts must remain vigilant against the weaponisation of criminal law for settling civil disputes as the law, when misused, ceases to be a shield and becomes a sword, said the High Court of Karnataka while quashing a criminal case registered against a man by his business partner by invoking provisions of the SC/ST (Prevention of Atrocities) Act, 1989, to settle a financial dispute. 'The complainant to take revenge or arm twist the petitioner for financial dispute, has made use of the criminal justice system. The subject complaint is a blade of vengeance, cloaked in the garb of law,' the court observed. Justice M. Nagaprasanna made these observations while quashing the criminal proceedings against Vilas Bhormalji Oswal on a complaint lodged by his estranged business partner Somashekara of Bengaluru. Case background Mr. Oswal and Mr. Somashekara were partners in Green Land Infra, a real estate development firm established in 2011, with the former being authorised signatory of the firm and the latter being the managing director. However, certain differences cropped up between them leading to closure of the business in 2016 resulting in unresolved disputes. Meanwhile, Mr. Somashekara, who is a Scheduled Caste (SC), lodged a complaint with the Directorate of Civil Rights Enforcement (DCRE) in April 2021 alleging that Mr. Oswal had made a casteist remark against him in December 2020. However, the DCRE had not acted on the complaint for nearly three years. Interestingly, the DCRE in February, 2024, recorded the statement of Mr. Somashekara and in March 2024 recorded the statements of two witnesses, known to Mr. Somashekara, who stated that they were present when Mr. Oswal allegedly abused the complainant. After recording the statements, the DCRE forwarded the complaint to the Jayanagar police in April 2024 for registering the criminal case. The police, after investigation, filed the charge sheet against Mr. Oswal and a trial court took cognisance of offences against him in June, 2024. However, the HC pointed out that the only allegation against Mr. Oswal in the complaint was that he told Mr. Somashekar at the playground, 'do not show your casteist mindset' and there was no allegation that the petitioner abused Mr. Somashekar by taking the name of his caste or that the so-called abuse was made in front of two persons, who were treated as witnesses after four years. Not in complaint 'The so-called eyewitnesses again are to be held to have been procured later, as there is no narration in the complaint that the incident was witnessed by two eyewitnesses nor the eyewitnesses would say that they accompanied the complainant to the ground,' the court observed while stating that if this case is permitted to proceed on these glaring facts, it would amount to an egregious abuse of legal machinery.

NFO Update: Motilal Oswal Mutual Fund launches BSE 1000 Index Fund
NFO Update: Motilal Oswal Mutual Fund launches BSE 1000 Index Fund

Time of India

time7 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.

Trump tariffs blocked: What the US court ruling means for Indian market and global trade
Trump tariffs blocked: What the US court ruling means for Indian market and global trade

Economic Times

time29-05-2025

  • Business
  • Economic Times

Trump tariffs blocked: What the US court ruling means for Indian market and global trade

Legal brake on tariffs could ease U.S.-India trade talks Indian exporters may benefit as supply chains de-risk from China Live Events Markets cheer legal clarity, Indian equities open higher Court ruling triggers repricing in safe-haven assets Tariff agility curbed for future administrations Legal uncertainty could shift the U.S.-China trade equation (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel In a landmark verdict, the U.S. Court of International Trade ruled that President Donald Trump exceeded his authority by invoking emergency powers to impose sweeping tariffs and halted most of Trump's tariffs from taking decision not only blocks the so-called 'Liberation Day' tariffs in their tracks, but also sets the stage for broader legal challenges to executive-led trade actions. Motilal Oswal Financial Services outlines why this judgment could reshape global trade dynamics, and what it could mean for India.'A pullback in U.S. tariff aggression creates space for India to strengthen trade positioning,' said Motilal Oswal. With Trump's 26% reciprocal tariff threat now under legal cloud, India may gain leverage in its ongoing trade negotiations with Washington, especially as it offers deep tariff cuts on non-sensitive Oswal noted that exporters in sectors like pharma and textiles could benefit if the ruling weakens the U.S.'s reliance on China-centric trade strategies. 'Exporters in pharma, textiles, may benefit if global supply chains de-risk from China,' the brokerage said, pointing to India as a natural beneficiary of any diversification decision triggered a positive sentiment wave in equities. 'Markets may not react sharply as the original tariffs' economic impact was limited,' Motilal Oswal said, 'but this sets a big precedent for future administrations.' On Thursday, the Nifty 50 rose 0.29% while the Sensex climbed 0.34%, reflecting early risk-on mood hit safe-haven assets. Gold fell 0.7% to its lowest in over a week, while the U.S. dollar strengthened. According to Motilal Oswal, 'Emergency powers are now under tighter judicial scrutiny,' leading investors to recalibrate expectations on trade-linked uncertainty and favour risk Oswal highlighted that the U.S. court's verdict 'sets a precedent that may reduce future tariff agility — even in genuine crises.' With the court rejecting the use of a decades-old law to justify economic penalties, executive freedom over trade has now come under structural limits, adding new layers to trade judgment introduces a new legal dimension to U.S.-China trade tensions. 'U.S.-China trade tensions could enter a new phase of legal uncertainty,' Motilal Oswal observed, implying that geopolitical trade decisions may face more institutional checks, opening indirect windows of opportunity for competitors like India.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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