Description
Motilal Oswal Nifty India Defence ETF units listed on BSE in 'B' Group effective January 19, 2026, tracking Nifty India Defence Total Return Index.
Summary
BSE announces the listing and admission to dealings of Motilal Oswal Nifty India Defence ETF units in the ‘B’ Group effective Monday, January 19, 2026. The ETF is an open-ended fund that replicates/tracks the Nifty India Defence Total Return Index. Trading will be conducted in dematerialized form only, with units traded in market lots of one unit.
Key Points
- Scrip Code: 590152
- ISIN: INF247L01DJ0
- BOLT System ID: MODEFENCE
- Total Units Listed: 750,000 units
- Face Value: Rs. 10.00 per unit
- Issue Price: Rs. 85.86 per unit
- Date of Allotment: August 21, 2024
- Market Lot: 1 unit
- Group: B
- Investment Manager: Motilal Oswal Asset Management Company Limited
- Registered Office: 10th Floor, Motilal Oswal Tower, Rahimtullah Sayani Road, Opp. Parel ST Depot, Prabhadevi, Mumbai-400025
Market Makers
Three market makers have been appointed:
- East India Securities Ltd.
- Motilal Oswal Financial Services Limited
- Kanjalochana Finserve Private Limited
- Irage Broking Services LLP
Compliance Requirements
- Units must be traded in dematerialized form only, as per SEBI guidelines dated February 16, 2000
- Trades will be executed in unit market lots (minimum 1 unit)
- Trading members must ensure compliance with dematerialization requirements
Important Dates
- Notice Date: January 16, 2026
- Listing Effective Date: January 19, 2026 (Monday)
- Date of Allotment: August 21, 2024
Registrar and Transfer Agent
KFin Technologies Limited
- Address: Selenium, Tower B, Plot No. 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Rangareddi, Telangana 500032
- Email: compliance.corp@kfintech.com
- Phone: 040 79611000
Contact Information
At AMC:
- Motilal Oswal Asset Management Company Limited
- Address: Mafatlal Centre, 10th Floor, Nariman Point, Mumbai 400021
- Tel: 8108622222/2240548002
- Email: amc@motilaloswal.com
At BSE:
- Mr. Parag Jain - Manager, Listing Operations
- Tel: 022-2272 8685
- Email: mf.listing@bseindia.com
Impact Assessment
This is a routine ETF listing announcement with minimal market-wide impact. The listing provides investors access to a thematic ETF focused on India’s defence sector through the Nifty India Defence Total Return Index. The presence of four market makers ensures adequate liquidity for the ETF. Impact is limited to mutual fund segment participants and investors interested in defence sector exposure through ETF instruments.
Impact Justification
Routine ETF listing with no market-wide impact, affects only specific ETF trading operations