Motilal Oswal Launches BSE Clean Environment Index Fund NFO

Leading fund manager, Motilal Oswal, appears at the top of the finance headlines with the announcement of the new fund offer (NFO), Motilal Oswal BSE Clean Environment Index fund.

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Key Highlights

  • Motilal Oswal announces its new BSE Clean Environment Index Fund.
  • Focuses primarily on India’s growth in clean energy with 5 themes including Renewables, Electric Vehicles, Water Treatment, Recycling, and Waste Management.

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Motilal Oswal BSE Clean Environment Index Fund – Features and Investment Opportunities

 bse clean environment index fund by motilal oswal fund

Image Credits: Motilal Oswal

The all-new BSE Clean Environment Index fund was introduced to focus and drive investments towards India’s clean economy, where the investers gets a chance to explore and invest in 5 transformative themes, which include Renewables, Electric Vehicles, Water Treatment, Recycling, and Waste Management.

This fund focuses on India’s future in an energy transition environment alongside long-term economic growth. Motilal’s Index Fund includes nearly 25 companies directly contributing to the clean economy, divided across 5 different themes.

Talking about the weights of this fund, the index fund majorly includes (almost 86%) of the companies associated with the “renewables sector,” including Suzlon Energy Ltd, Tata Power Co. Ltd, Adani Green Energy Ltd, JSW Energy Ltd, Waaree Energies Ltd, NHPC Ltd, Ather Energy Ltd, MTAR Technologies Ltd, Premier Energies Ltd, and NTPC Green Energy Ltd. The remaining 14% is shared among other sectors, including EVs, Water, Recycling, and Waste.

During the launch event for Motilal Oswal BSE Clean Environment Index Fund, Pratik Oswal, Chief of Passive Business, shared a statement: