The NFO opens on Friday, June 5, 2026, and closes on Friday, June 19, 2026.
Mumbai: Motilal Oswal Mutual Fund (MOMF) has announced the launch of its new fund offer (NFO), “Motilal Oswal BSE Clean Environment Index Fund”, an open-ended fund replicating/ tracking BSE Clean Environment Index. The NFO opens on Friday, June 5, 2026 and closes on Friday, June 19, 2026.
The Fund tracks the BSE Clean Environment Index, India’s first diversified index purpose-built around the clean economy. It provides investors with a single, passive vehicle to participate in five transformative themes; Renewables, Electric Vehicles, Water Treatment, Recycling, and Waste Management; all of which sit at the intersection of India’s energy transition, environmental commitments, and long-term economic growth.
The NFO aims to offer investors access to this structural transformation through a transparent, rules-based passive strategy. The BSE Clean Environment Index covers ~25 companies across the clean economy value chain, with Renewables comprising approximately 86% of the index weight and the remaining weight distributed across EVs, Water, Recycling, and Waste.
Key Fund Details:
| Parameter | Details |
| NFO Period | June 5, 2026 to June 19, 2026 |
| Type of Scheme | Open-ended fund replicating/tracking the BSE Clean Environment Index |
| Benchmark | BSE Clean Environment Total Return Index |
| Investment Objective | To provide returns that, before expenses, correspond to the total returns of the securities as represented by the BSE Clean Environment Index, subject to tracking error. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved. |
| Minimum Application | During NFO: Lumpsum: ₹500/- and in multiples of ₹1/- thereafter |
| Ongoing: Lumpsum: ₹500/- and in multiples of ₹1/- thereafter | |
| Exit Load | 1% if redeemed on or before 15 days from date of allotment; Nil thereafter |
| Taxation | LTCG: 12.5% on gains above ₹1.25 lakh (held >12 months) | STCG: 20% (held ≤12 months) (in view of the individual nature of the implications, each investor is advised to consult his or her own tax advisors/authorised dealers with respect to the specific amount of tax and other implications arising out of his or her participation in the schemes) |
| Investor Profile | Investors seeking long-term capital appreciation through passive exposure to the clean environment theme in India |
Commenting on the launch, Pratik Oswal, Chief of Passive Business, Motilal Oswal Asset Management Company, said, “India spends $150 billion a year on oil and coal imports, and that capital is now shifting home, into solar, EVs, and clean infrastructure. Backed by strong government policy, this is one of the biggest economic opportunities of the decade. The Motilal Oswal BSE Clean Environment Index Fund offers investors a simple, low-cost opportunity to participate in this transformation and build a stake in India’s sustainable future.”
The fund will be managed by Mr. Swapnil Mayekar and Mr. Dishant Mehta (Associate Fund Manager) for the Equity Component and by Mr. Rakesh Shetty for the Debt Component.
Leave a Reply