Exchange Traded Funds (ETFs) have become increasingly popular among investors as a versatile tool for accessing various sectors of the stock market. Motilal oswal Asset Management Company has recently introduced two new ETFs tailored to meet investors' interests in real estate and small-cap stocks. These open-ended funds are set to be listed on the stock exchange on march 21, 2024.
The Motilal oswal Nifty Realty ETF represents a significant breakthrough as the first ETF offering exposure to real estate stocks. Tracking the performance of the Nifty Realty Index, this ETF comprises the top real estate companies involved in residential and commercial projects. It includes the country's top 10 real estate firms, integral to the Nifty 500 index.
On the other hand, the Motilal oswal Nifty Smallcap 250 ETF provides investors with an opportunity to invest in small-cap stocks with robust growth potential. This ETF follows the Nifty Smallcap 250 index, which assesses the performance of the top 250 small-cap companies. These companies are also part of the Nifty 500 index.
Both ETFs will be listed on the National Stock Exchange under the symbols "MOREALTY" for the Motilal oswal Nifty Realty ETF and "MOSMALL250" for the Motilal oswal Nifty Smallcap 250 ETF. Investors can purchase these ETFs just like individual stocks, offering them flexibility and convenience in trading.
Pratik oswal, Head of Passive Funds at Motilal oswal Asset Management Company, expressed his excitement about the launch, highlighting the potential and opportunities these ETFs bring to investors. He emphasized the vast potential and promising investment prospects within both the real estate and small-cap sectors, signaling optimism for investors seeking diversified exposure through ETFs.
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