Motilal Oswal Mutual Fund Announces Launch of BSE Clean Environment Index Fund

MUMBAI:
Motilal Oswal Mutual Fund (MOMF) has announced the launch of its new fund offer (NFO), “Motilal Oswal BSE Clean Environment Index Fund”, an open-ended fund replicating/ tracking BSE Clean Environment Index. The NFO opens on Friday, June 5, 2026 and closes on Friday, June 19, 2026.

The Fund tracks the BSE Clean Environment Index, India’s first diversified index purpose-built around the clean economy. It provides investors with a single, passive vehicle to participate in five transformative themes; Renewables, Electric Vehicles, Water Treatment, Recycling, and Waste Management; all of which sit at the intersection of India’s energy transition, environmental commitments, and long-term economic growth.

The NFO aims to offer investors access to this structural transformation through a transparent, rules-based passive strategy. The BSE Clean Environment Index covers ~25 companies across the clean economy value chain, with Renewables comprising approximately 86% of the index weight and the remaining weight distributed across EVs, Water, Recycling, and Waste.

Exit Load 1% if redeemed on or before 15 days from date of allotment; Nil thereafter Taxation LTCG: 12.5% on gains above ₹1.25 lakh (held >12 months) | STCG: 20% (held ≤12 months) (in view of the individual nature of the implications, each investor is advised to consult his or her own tax advisors/authorised dealers with respect to the specific amount of tax and other implications arising out of his or her participation in the schemes)

Commenting on the launch, Pratik Oswal, Chief of Passive Business, Motilal Oswal Asset Management Company, said, “India spends $150 billion a year on oil and coal imports, and that capital is now shifting home, into solar, EVs, and clean infrastructure. Backed by strong government policy, this is one of the biggest economic opportunities of the decade. The Motilal Oswal BSE Clean Environment Index Fund offers investors a simple, low-cost opportunity to participate in this transformation and build a stake in India’s sustainable future.”

The fund will be managed by Swapnil Mayekar and Dishant Mehta (Associate Fund Manager) for the Equity Component and by Mr. Rakesh Shetty for the Debt Component. Investments in the Motilal Oswal BSE Clean Environment Index Fund can be made through licensed mutual fund distributors, online platforms, or directly via www.motilaloswalmf.com.

The above Product labelling assigned during the NFO is based on internal assessment of the scheme characteristics or model portfolio and the same may vary post NFO when the actual investments are made. The sectors referred to should not be construed as recommendations or investment advice and should not be used for the development or implementation of an investment strategy.

The Scheme being an index scheme follows a passive investment technique and shall only invest in Securities comprising one selected index irrespective of the market conditions. The scheme invests primarily in companies associated with clean environment activities, resulting in concentrated thematic exposure. Performance is therefore closely tied to regulatory developments, government policies, technology adoption and capital expenditure cycles in these areas.