Motilal Oswal Nifty 500 Momentum 50 ETF Units Exchange Traded Fund (IN:MOMENTUM50) Price & Chart
IN:MOMENTUM50 ETF Chart & Stats
- Day’s Range
- INR 50.68 - INR 51.20
- 52-Week Range
- INR 44.56 - INR 55.59
- Previous Close
- INR 50.76
- Volume
- 27.78K
- Average Volume (3M)
- 28.54K
- AUM
- N/A
- NAV
- 54.03
- Expense Ratio
- 0.40%
- Holdings Count
- 0
- Beta
- 0.98
- Inception Date
- Sep 24, 2024
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 0
- Standard Deviation
- N/A
ETF Overview
Motilal Oswal Nifty 500 Momentum 50 ETF Units Exchange Traded Fund
The Motilal Oswal Nifty 500 Momentum 50 ETF, trading under the ticker IN:MOMENTUM50, is a compelling investment vehicle designed for those seeking exposure to a dynamic slice of the Indian stock market. This ETF meticulously tracks the Nifty 500 Momentum 50 Total Return Index, aiming to deliver returns that closely mirror the performance of this index, before accounting for expenses. Positioned within the Size and Style category, this ETF offers a unique focus on the Total Market, yet it carves out a distinctive niche by concentrating on momentum-driven stocks. This strategy involves selecting the top 50 companies exhibiting the strongest price momentum from the broader Nifty 500 universe, providing investors with a targeted approach to capitalize on prevailing market trends. By investing in the Motilal Oswal Nifty 500 Momentum 50 ETF, investors gain access to a diversified portfolio of high-momentum stocks across various sectors, potentially enhancing portfolio performance during bullish market phases. The fund's structure as an exchange-traded fund ensures liquidity and flexibility, making it an attractive option for investors looking to harness the power of momentum investing within the expansive context of the Indian equity market.