Description
BSE announces listing of Motilal Oswal Nifty 500 Momentum 50 ETF units for trading in dematerialized form effective January 19, 2026.
Summary
BSE has announced the listing of units of Motilal Oswal Nifty 500 Momentum 50 ETF, an open-ended fund tracking the Nifty 500 Momentum 50 Total Return Index. The ETF will be available for trading on the Exchange from Monday, January 19, 2026, in the “B” Group. Trading will be conducted exclusively in dematerialized form with a market lot of 1 unit.
Key Points
- Fund Name: Motilal Oswal Nifty 500 Momentum 50 ETF
- Investment Manager: Motilal Oswal Asset Management Company Limited
- Total Units: 1,595,261 units
- Scrip Code: 590151
- ISIN: INF247L01DK8
- Face Value: Rs. 10.00 per unit
- Issue Price: Rs. 51.44 per unit
- Date of Allotment: September 24, 2024
- BOLT System ID: MOMENTUM50
- Group: B
- Market Lot: 1 unit
- Trading Mode: Dematerialized form only
Market Makers
Three authorized market makers have been designated:
- East India Securities Ltd.
- Motilal Oswal Financial Services Limited
- Kanjalochana Finserve Private Limited
Regulatory Changes
No new regulatory changes introduced. The listing follows existing SEBI guidelines dated February 16, 2000, requiring mutual fund units to be traded exclusively in dematerialized form.
Compliance Requirements
- Trading members must ensure all trades in this ETF are executed in dematerialized form only
- Trades will be effected in unit market lot (1 unit)
- Members must comply with standard mutual fund trading protocols on BSE
Important Dates
- Allotment Date: September 24, 2024
- Listing Date: January 19, 2026 (Monday)
- Notice Date: January 16, 2026
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
- Phone: 8108622222 / 2240548002
- Email: amc@motilaloswal.com
At BSE:
- Mr. Parag Jain - Manager, Listing Operations
- Phone: 022-2272 8685
- Email: mf.listing@bseindia.com
Impact Assessment
This is a routine listing notice for a new ETF product in the mutual fund segment. The impact is limited to:
- Expansion of investment options for market participants interested in momentum-based equity strategies
- No impact on existing listed securities or trading operations
- Provides investors access to a diversified portfolio tracking the Nifty 500 Momentum 50 Total Return Index
- Presence of three market makers ensures adequate liquidity for the ETF
Impact Justification
Routine ETF listing notice affecting only mutual fund segment with limited market-wide impact