News3 August 2026
Motilal Oswal Mutual Fund launches Motilal Oswal Nifty Oil and Gas ETF
NFO period: 03rd Aug - 03rd Aug, 2026
Highlights of the NFO:
- Scheme type - An open ended fund replicating / tracking the Nifty Oil & Gas Total Return Index
- Investment objective - The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the Nifty Oil & Gas Total Return Index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.
- Product suitability - This product is suitable for investors who are seeking to generate return that corresponds generally to the total returns of the Nifty Oil & Gas Total Return Index subject to tracking error. Long term capital growth.
- Minimum Application Amount - Investors can buy/sell units of the Scheme in round lot of 1 unit and in multiples thereafter
- Plan/ Options available - The Scheme does not offer any Plans/Options for investment.
- Fund Managers - Mr. Swapnil Mayeka, Mr. Dishant Mehta & Mr. Rakesh Shetty
- Benchmark - Nifty Oil & Gas Total Return Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
This is a summary of a public announcement, shared for information. It is not a recommendation, and Renuka Investments may not distribute every scheme mentioned. Mutual fund investments are subject to market risks. Read all scheme related documents carefully.