Motilal Oswal AMC launched the BSE 1000 Index Fund. It aims to tap India’s broader equity universe. The fund covers 94% of India’s listed market capitalization. It offers wider market representation and sectoral diversity. The index includes microcaps for high-growth potential. It has outperformed Nifty 50 in the past. Experts believe passive AUM in India could double soon.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets