The Motilal Oswal Nifty 50 Equal Weight ETF, managed by Motilal Oswal Asset Management, aims to replicate the total returns of the Nifty 50 Equal Weight Index, ensuring equal exposure across constituents.

This ETF employs an equal-weighted strategy, tracking the Nifty 50 Equal Weight Total Return Index, which allows for balanced investment across all index securities, mitigating concentration risk effectively.

The portfolio's top holdings include Eternal Ltd. and Hero MotoCorp Ltd., with a notable sector allocation skew towards Financial Services at 23.1%, enhancing diversification and stability.

Over the past year, the fund has achieved a return of +5.3%, reflecting a consistent performance trend within its investment style, although tracking error metrics are not disclosed.

With an AUM of ₹25.1 Cr and a low expense ratio of 0.15%, the fund provides efficient access to the Indian equity market, appealing to cost-conscious investors.