New Delhi, June 5 -- Motilal Oswal Mutual Fund has announced the launch of 'Motilal Oswal BSE 1000 Index Fund', an open-ended fund that tracks the BSE 1000 Total Return Index.

Notably, this is the first fund to replicate the BSE 1000 Total Return Index, which covers approximately 94 per cent of the country's listed market capitalisation. It offers investors a wide equity market representation within a single index, the company said in a press release.

According to the company, the new fund offer ( NFO) will open for subscription from June 5 to June 19, 2025. Investors can put in a minimum lump sum amount of Rs.500, with subsequent multiples of Rs.1.

The company also mentioned that an exit load of 1 per cent will be applicable if the in...