Motilal Oswal Mutual Fund launches Nifty Realty ETF and Nifty SmallCap 250 ETF
Motilal Oswal Nifty Realty ETF
Motilal Oswal Nifty Realty ETF is an open-ended scheme replicating/ tracking Nifty Realty TR Index.
The investment objective of Motilal Oswal Nifty Realty ETF is to provide returns that, before expenses, correspond to the total returns of the securities as represented by the Nifty Realty Index, subject to tracking error.
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View Details» <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-108673032»>The Motilal Oswal Nifty Realty ETF aims to provide investors an opportunity to participate in the growth potential of the realty sector and it is India’s first ETF offering exposure to realty stocks. The Nifty Realty Index is designed to reflect the performance of real estate companies operating in residential and commercial projects. The index comprises 10 companies that also form a part of the Nifty 500, according to a press release by the fund house.
The scheme is suitable for investors who are seeking returns that correspond to the performance of the Nifty Realty TR Index subject to tracking error and want long-term capital growth.
Why this Nifty Realty ETF now?
The press release stated that although the Nifty Realty Index noted 132% over the last year, it is still recovering from the fall during the financial crisis. Historically, the realty sector has exhibited less correlations with the broad market resulting in potential diversification benefit to investors.
According to IBEF, the realty sector is expected to grow by 17% for the next couple of decades
