Motilal oswal asset management company - Latest News Update, Information, Photos & Videos on Motilal oswal asset management company at Lokmat Times

Motilal Oswal Asset Management Company on Tuesday announced the launch of an open-ended scheme tracking US's S&P 500 Index.The fund will provide an opportunity to invest in one of the world's most popular indices. It will provide Indian investors exposure to the performance of leading 500 compes listed in the United States.The S&P 500 Index is widely regarded as the best single gauge of large-cap US equities and covers about 80 per cent of the available market. The S&P 500 Index is the world's largest index with a track record of 63 years, making it one of the oldest indices in the world."It is the world's A group or the world's large cap index composed of some of the biggest global compes. And we at Motilal Oswal Asset Management Company are happy to provide access," said Managing Director and CEO Aashish Somaiyaa.Motilal Oswal S&P 500 Index Fund will be launched on April 15 and will remain open for subscription till April 23.Pratik Oswal, Head of Passive Funds at Motilal Oswal Asset Management Company, said the fund that is present in almost every investor's portfolio in the United States and a great way to start the process of international diversification -- helping Indian investors fight rupee depreciation as well as portfolio volatility."It was the first-ever passive fund launched (way back in 1975) and the biggest one today," he said in a statement.( With inputs from ANI )

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Motilal Oswal Asset Management CompanyFOLLOW

Motilal oswal asset management company, Latest News

International :Midcap, smallcap outperformed Nifty 50 Index in April

New Delhi, May 10 After a muted March, the Indian stock market rose 4.5 per cent in April, ... ...

International :`Five sectors may see margin expansion in 2023'

Chennai, Jan 5 Companies in cement, automobile, consumers and specialty chemicals might see margin expansion in 2023, said ... ...

Business :Motilal Oswal AMC concludes India's digital first NFO amid COVID-19 crisis

Motilal Oswal Asset Management Company (MOAMC) said on Friday it has successfully completed the new fund offer (NFO) of Motilal Oswal S&P 500 Index Fund, an open-ended scheme replicating and tracking S&P 500 Index. ...

Business :Motilal Oswal launches first passive fund tracking the S&P 500 Index

Motilal Oswal Asset Management Company on Tuesday announced the launch of an open-ended scheme tracking US's S&P 500 Index. ...