Home > media room > Press Release > details

Motilal Oswal AMC announces launch of 5 year G-sec ETF

Mumbai 23-Nov-2020

This comes after theirsuccessful launch of India’s First “digital first” NFO with

S&P 500 Index Fund

 

Mumbai, 23 November 2020: Motilal Oswal Asset Management Company (MOAMC) has announced the launch of India’s first-of-its-kind Motilal Oswal 5 Year G-sec ETF.Known for launching an array of passive fund s, this ETF by Motilal Oswal AMC is set to provide excellent asset allocation opportunity. For ETF fans, this fund is a an addition to Motilal Oswal ETF suite which comprises of a Nifty 50 ETF,Nifty Midcap 100 ETF, NASDAQ 100 ETF and the upcoming 5-year G-Sec ETF – all of them effective for asset allocation.

The NFO will be open on November 23, 2020 and shall close on December 2, 2020.

The Motilal Oswal 5 year G-Sec ETF seeks investment return that closely corresponds (before fees and expenses) to total returns of the securities as represented by the ‘Nifty 5 Yr. Benchmark G-Sec Index’, subject to tracking error. However,there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

The ETF offers investors an attractive low cost alternative to fixed deposit since it has practically no default risk, no lock-in, and historically attractive pre- and post-tax returns.

“The launch Motilal Oswal 5 Yr G-Sec ETF add to our repertoire of investor centric products and deepens our product offering for investor community. This ETF is key part of our endeavor to offer building blocks for asset allocation to investors.” said Navin Agarwal, MD & CEO Motilal Oswal Asset Management Company Ltd.

“The Motilal Oswal 5 year G-Sec ETF will invest in underlying constituent of Nifty 5 Yr Benchmark G-sec Index. With the approx. duration of 4 years, the index falls in a sweet spot between short duration and long duration G-Sec Indices.” said Pratik Oswal, Head of Passive Funds, Motilal Oswal Asset Management Company Ltd. “With safety being a primary need of debt investors today, the ETF fits well for investors who are looking for safety along with better tax advantages compared to traditional fixed income products.”

 

With the launch of this ETF, investor will get easy and low cost access to 5 Yr G-Sec. The minimum application amount during NFO is Rs500 On ongoing basis investor can purchase/redeem units of ETF on stocks exchanges.

Please note: The other Funds managed by the Fund Managers can be viewed on www.motilaloswalmf.com

 

About Motilal Oswal Asset Management Company:

Motilal Oswal Group possesses legacy in equities for over 3 decades. Motilal Oswal Asset Management Company (Motilal Oswal AMC) is registered with SEBI as the Investment Manager for Motilal Oswal Mutual Fund. It was incorporated on November 14, 2008. It provides Investment Management and Advisory Services to investors based within and outside India and having AIF’s Portfolio Management Services business, ETF sand Mutual Funds. 

Motilal Oswal AMC (MOAMC) is one of the most honored and trusted names in equity investing. MOAMC is one of the pioneers of PMS business with over 17 years of track record. It is also one of the pioneers of passive funds in India through ETFs way back in 2010, Motilal Oswal Nifty 50 ETF, Motilal Oswal Midcap 100 ETF, Motilal Oswal Nasdaq 100 ETF– the only offshore ETF and have exclusive rights for Nasdaq.

MOAMC is one of the fastest growing Asset Management Companies in India with a unique investment philosophy, ‘Buy Right; Sit Tight’ which means buying quality companies at a reasonable price and Sit Tight to ride their growth cycle for a long period of time.

 

For further details contact:

Rohini Kute

Head, Corporate Communication,

Motilal Oswal Financial Services

Mob +91 9820196838

Mail:rohini.kute@motilaloswal.com