Being a Midcap Index based ETF, investors will have to rely upon the the intra-day price movements to trade on intraday basis, like that available in ETF's. That has the advantage that market decides the prices, while there will be less chance of getting affected by the tracking errors and rebalancing problems eating up the profits.
The details are as below:
Overall, this Motilal Oswal MOSt Shares M100 ETF - Fund seems to be a mid cap specific ETF fund.
Mr. Rajnish Rastogi will be the fund manager.
During NFO, application will be received in the minimum amount of Rs 10,000 and in multiple of Re. 1 thereafter. However, since this is an ETF, my recommendation will be that investors can wait till it gets listed in the NSE and then buy it at the market price. Again, this is subject to investors preference, but when the product is anyway going to get listed on the Stoick Exchange for free trading, what is the point in blocking your money during the NFO period.
The trading of Motilal Oswal MOSt Shares M100 ETF will be on NSE or National Stock Exchange of India.
There are other similar products available for investments in the midcap and smallcap sector, please see the details below:
IDBI Nifty Junior Index Fund NFO: Review Analysis ..., IDFC Small Cap Equity Fund NFO: Review Analysis & ..., Reliance Small Cap Fund: Details & Investment Summ..., etc
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