Motilal Oswal MF Files Draft for BSE Midcap 150 Momentum 30 Index Fund NFO

Motilal Oswal Mutual Fund has filed draft documents with the Securities and Exchange Board of India (SEBI) to launch a new New Fund Offer (NFO)—the BSE Midcap 150 Momentum 30 Index Fund. The filing marks another step in the fund house’s strategy to expand its passive investment portfolio.

The proposed scheme will aim to track the performance of the BSE Midcap 150 Momentum 30 Index, which focuses on mid-cap companies selected based on their momentum strategy—typically driven by price performance over a defined period.

This fund will follow a passive investment approach, meaning it will replicate the underlying index rather than actively picking stocks. Such strategies are gaining popularity due to their low cost structure and transparent portfolio construction.

The launch comes amid rising investor interest in index funds and ETFs, particularly those based on factor investing strategies like momentum, which aim to capture outperforming stocks in the market.

Motilal Oswal Mutual Fund has already built a presence in the momentum investing space, with products tracking similar strategies in other indices. These funds aim to deliver returns that closely correspond to the performance of their benchmark indices, subject to tracking error.

The proposed NFO will provide investors exposure to a curated basket of mid-cap stocks with strong momentum, offering a blend of growth potential and systematic investing discipline.

If approved, the scheme will further strengthen the AMC’s position in the passive funds segment, catering to investors looking for rule-based, data-driven investment strategies in India’s equity markets.

Fore More Info: Click Here

Disclaimer – The fund’s investment objective, asset allocation, and risk profile are as described in the scheme offer documents, and investor shall read carefully before investing. All information has been obtained from sources believed to be reliable; however, no guarantee, warranty, or representation is made regarding its accuracy, completeness, or adequacy. Portfolio construction, execution strategies, and the use of permitted instruments are based on prevailing market conditions and subject to SEBI Mutual Funds regulations. Any income distributions are subject to applicable tax laws, which may change from time to time. Investors should consult their financial and tax advisors regarding applicable laws, investment horizon, and suitability of the Scheme.