Motilal Oswal Mutual Fund (MOMF) has launched the ‘Motilal Oswal Nifty Capital Market Index Fund’ on November 26, aiming to capitalize on the growth of India’s capital market. The fund targets stocks from 15 companies part of the Nifty 500, focusing on the capital market ecosystem. With the Indian capital market expanding and only 8 crore investors, there’s significant growth potential. The NFO runs from November 26 to December 10, 2024, with a minimum investment of Rs 500. Managed by Swapnil Mayekar and Rakesh Shetty, it seeks long-term capital growth, tracking the Nifty Capital Market Total Return Index.

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