Description
Motilal Oswal Nifty 500 ETF units will be listed and admitted to dealings on BSE in the 'B' Group effective Monday, January 19, 2026.
Summary
BSE has announced the listing of Motilal Oswal Nifty 500 ETF units effective Monday, January 19, 2026. The ETF is an open-ended scheme tracking the Nifty 500 Total Return Index with 14,300,000 units to be listed in the ‘B’ Group. The scheme was originally allotted on September 29, 2023, with an issue price of Rs. 23.88 per unit.
Key Points
- Listing effective date: Monday, January 19, 2026
- Total units: 14,300,000 units
- Scrip Code: 590153
- ISIN: INF247L01BU1
- Face value: Rs. 10.00 per unit
- Issue price: Rs. 23.88 per unit
- Market lot: 1 unit
- Group: B
- Units must be traded in dematerialized form only
- Three market makers appointed: East India Securities Ltd., Motilal Oswal Financial Services Limited, and Kanjalochana Finserve Private Limited
Regulatory Changes
No regulatory changes. This is a standard listing notification following SEBI guidelines dated February 16, 2000, which mandate that mutual fund units be traded only in dematerialized form.
Compliance Requirements
- Trading members must ensure all trades in this ETF are executed in dematerialized form only
- Trades will be in unit market lots (minimum 1 unit)
- Members must use the designated scrip code (590153) and ISIN (INF247L01BU1) for trading
Important Dates
- Original allotment date: September 29, 2023
- Listing effective date: Monday, January 19, 2026
- Notice date: January 16, 2026
Impact Assessment
This listing has minimal market-wide impact as it is a routine addition of an ETF to the exchange’s trading platform. The ETF provides investors with exposure to the Nifty 500 Total Return Index. The presence of three market makers will ensure adequate liquidity for trading. This is primarily relevant for mutual fund investors seeking diversified large and mid-cap exposure through the Nifty 500 index.
Contact Information
Registrar and Transfer Agent: KFin Technologies Limited, Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Hyderabad - 500032. Email: compliance.corp@kfintech.com, Phone: 040 79611000
AMC Contact: Motilal Oswal Asset Management Company Limited, Mafatlal Centre, 10th Floor, Nariman Point, Mumbai - 400021. Tel: 8108622222/2240548002, Email: amc@motilaloswal.com
BSE Contact: Mr. Parag Jain - Manager, Listing Operations. Tel: 022-2272 8685, Email: mf.listing@bseindia.com
Impact Justification
Routine ETF listing notice with limited market-wide impact. Primarily informational for trading members regarding new ETF availability.