Hyderabad, June 4 : Motilal Oswal Mutual Fund has announced the launch of its New Fund Offer , the Motilal Oswal BSE Clean Environment Index Fund, an open-ended index scheme designed to replicate and track the BSE Clean Environment Index.
The NFO will open on June 5, 2026 and close on June 19, 2026.
Focus on India’s Clean Energy Transition
The fund aims to provide investors exposure to India’s emerging clean economy, tracking the BSE Clean Environment Index, which is structured around five key themes:
- Renewable energy
- Electric vehicles (EVs)
- Water treatment
- Recycling
- Waste management
The index includes approximately 25 companies across the clean economy value chain, with renewables forming the largest weight.
Investment Objective
The scheme seeks to generate returns that correspond, before expenses, to the total returns of the underlying index, subject to tracking error. It offers a passive, rules-based approach to investing in companies aligned with India’s sustainability and energy transition goals.
Key Fund Details
- NFO Period: June 5, 2026 – June 19, 2026
- Type: Open-ended index fund tracking BSE Clean Environment Index
- Benchmark: BSE Clean Environment Total Return Index
- Minimum Investment: ₹500 (lump sum and ongoing)
- Exit Load: 1% if redeemed within 15 days; Nil thereafter
- Taxation:
- LTCG: 12.5% above ₹1.25 lakh (holding >12 months)
- STCG: 20% (holding ≤12 months)
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.”
Fund Management
- Equity Component: Managed by Swapnil Mayekar and Dishant Mehta (Associate Fund Manager)
- Debt Component: Managed by Rakesh Shetty
Investment Channel
Investors can subscribe through registered mutual fund distributors, online investment platforms, or via the official website: Motilal Oswal Mutual Fund