Motilal Oswal Asset Management Company Ltd. (MOAMC) is a public limited company incorporated under the Companies Act, 1956 on November 14, 2008, having its Registered Office at 10th Floor, Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai - 400025.
Motilal Oswal Asset Management Company Ltd. has been appointed as the Investment Manager to Motilal Oswal Mutual Fund by the Trustee vide Investment Management Agreement (IMA) dated May 21, 2009, executed between Motilal Oswal Trustee Company Ltd. and Motilal Oswal Asset Management Company Ltd.

MOSt SHARES MIDCAP 100 FAQs

Knowledge CenterETF PRODUCT FAQSMOSt SHARES MIDCAP 100 FAQs

Exchange Traded Funds (ETFs) are open ended mutual fund schemes, which are traded on stock exchanges like a share and seek investment returns that correspond to the performance of a particular index like Nifty 50 or Nifty Free Float Midcap 100 Index.

It combines the benefit of mutual fund scheme with convenience of trading like a share.

Motilal Oswal MOSt Shares Midcap 100 Exchange Traded Fund (MOSt Shares Midcap 100) is an open ended index Exchange Traded Fund that seeks investment return that corresponds (before fees and expenses) to the performance of Nifty Free Float Midcap 100 Index, subject to tracking error.

The Scheme will invest in the securities which are constituents of Nifty Free Float Midcap  100 Index in the same proportion as in the Index.

Nifty Free Float Midcap 100 Index is formulated by India Index Services & Products Limited (IISL), a joint venture between NSE and CRISIL Ltd. It comprises 100 Free Float Midcap stocks with their weightage in index being determined based on their free float market capitalisation.

The primary objective of the Nifty Free Float Midcap 100 Index is to capture the movement and be a benchmark of the Midcap segment of the market.

MOSt Shares Midcap 100 is listed on the capital market segment of NSE and will trade like any other share. Investors can buy &sell the units of the Scheme at the prevailing price on NSE. The price on NSE though a function of demand & supply is expected to be around the NAV ofthe scheme. The indicative intra-day real time NAV of MOSt Shares Midcap 100will be displayed on AMC’s website (www.mostshares.com). End of the day NAV of MOSt Shares Midcap 100 will also bepublished daily at the end of day before 9 p.m.on AMFI website i.e. www.amfiindia.com

The units of the Scheme can be bought/sold in round lot of 1 unit on the exchange, and Investors can buy/sell units of the Schemein creation unit size i.e. 250,000 units and in multiples thereof.

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc), you need not undergo the same process again when you approach another intermediary