Upcoming NFO: Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund Opens on July 3, 2026

NFO Launch Details

The upcoming NFO from Motilal Oswal Mutual Fund is aimed at investors seeking participation in the mid-cap segment through a passive investment structure.

What Is the Investment Objective?

The primary objective of the scheme is to generate returns that correspond to the performance of the BSE Midcap 150 Momentum 30 TRI, subject to tracking error.

Being an index fund, the scheme will not actively choose stocks. Instead, it will invest in the same constituents that form part of the benchmark index and maintain a portfolio that closely resembles the index composition.

How the Fund Works

The fund follows a passive investment approach. The benchmark index selects 30 stocks from the broader BSE Midcap 150 universe based on their momentum characteristics.

Momentum investing generally focuses on stocks that have shown relatively stronger price performance over a specified period. The index is periodically rebalanced to reflect changes in momentum trends among eligible mid-cap stocks.

Fund Management

The scheme will be managed by:

• Swapnil P. Mayekar

• Dishant Mehta

• Rakesh Shetty

Exit Load Structure

The fund has a short-term exit load structure:

Focus on Mid-Cap Momentum Stocks

The BSE Midcap 150 Momentum 30 TRI is designed to capture mid-cap companies that exhibit stronger momentum relative to other stocks in the broader mid-cap universe.

By tracking this index, the fund provides exposure to companies that have recently demonstrated comparatively stronger market performance, while maintaining diversification across multiple sectors represented in the benchmark.

Passive Investing Through an Index Fund

Unlike actively managed mutual funds, an index fund seeks to replicate the benchmark index as closely as possible. The portfolio composition is determined by the index methodology, and changes are made primarily during periodic index rebalancing.

Because the fund mirrors an index, its performance may differ slightly from the benchmark due to factors such as expenses, cash holdings, and tracking error.

Conclusion

The Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund is scheduled to open for subscription on July 3, 2026. The scheme aims to provide exposure to a momentum-focused basket of mid-cap stocks through a passive investment structure linked to the BSE Midcap 150 Momentum 30 TRI.

With a minimum investment requirement of ₹500, the NFO adds another option in the growing category of index-based and factor-based mutual fund offerings available in the Indian market.

Summary

Motilal Oswal Asset Management Company will launch the Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund, an open-ended passive scheme that seeks to mirror the performance of the BSE Midcap 150 Momentum 30 Total Return Index (TRI). The New Fund Offer (NFO) will open for subscription on July 3, 2026 and close on July 17, 2026. The fund will be available at an offer price of ₹10 per unit, with a minimum investment amount of ₹500. The scheme is designed to provide exposure to mid-cap companies that have demonstrated strong momentum based on the benchmark index methodology.