Motilal Oswal Nifty India Tourism ETF

The Motilal Oswal Nifty India Tourism ETF, managed by Motilal Oswal Asset Management Company Limited, aims to replicate the Nifty India Tourism Index's total returns, reflecting a sector-specific investment strategy.

This open-ended scheme targets tracking the Nifty India Tourism Total Return Index, focusing on the tourism sector, although it cannot guarantee achieving its investment objective due to potential tracking error.

The fund's portfolio is concentrated, with top holdings including Interglobe Aviation Ltd. at 20.4% and The Indian Hotels Company Ltd. at 19.8%, indicating significant exposure to the consumer services industry.

Over the past year, the ETF has experienced a decline of 0.9%, highlighting potential volatility in the tourism sector, with no available data for longer-term performance metrics.

With an asset size of ₹2.25 Cr and an expense ratio of 0.52%, the fund is accessible to investors, although liquidity considerations should be noted given its recent launch.