NFO review: Motilal Oswal Nifty 200 Momentum 30 Fund

Motilal Oswal Mutual Fund came out with a new fund offer (NFO) on January 21, 2022 in the smart beta-index-fund space. The fund will be open for subscription till February 04, 2022 and will track the Nifty200 Momentum 30 index. Here are the key details of the NFO. Smart beta is a fusion of active and passive investing strategies wherein an index is altered by deleting or knocking off something based on one or more fundamental, technical or other filters. Globally, smart-beta products have been around for a fairly long period of time but they have recently started to catch the attention of Indian investors. This mode of investing is also known as 'factor investing' because it relies on identifying the key factors and then establishing rules to select a portfolio of companies using these desc