Archive · 6 Jun 2025
PGIM India Renames Schemes; Motilal Oswal Launches New Index Fund
Two financial companies are making changes to their investment plans.
PGIM India is changing the names of four of its funds, starting June 16, 2025, but how the money is invested won't change.
Meanwhile, Motilal Oswal launched a new fund, which will track the performance of the top 1,000 companies in India.
This fund is like a mix of stocks from different areas, to give you a wide exposure to the market.
It's available to invest in until June 19, 2025.
These changes aim to make it easier for people to understand the investment plans and offer broader market coverage.
PGIM India Mutual Fund is renaming four schemes effective June 16, 2025.
The changes are name adjustments only, with no impact on investment strategies or risk.
Existing investors in PGIM India funds will not be affected by the renaming.
Motilal Oswal launched a new fund tracking the BSE 1000 Total Return Index.
The Motilal Oswal fund aims to replicate the performance of the top 1,000 listed Indian companies.
- Who
- PGIM India Mutual Fund and Motilal Oswal Mutual Fund
- What
- PGIM India is renaming funds, while Motilal Oswal launches a new index fund.
- When
- PGIM India name changes start June 16, 2025; Motilal Oswal NFO open until June 19, 2025.
- Where
- India
- Why
- PGIM India aims to align names with categories, Motilal Oswal seeks to track the BSE 1000 Index.
- PGIM India Scheme Name Change Date
- June 16, 2025
- Motilal Oswal NFO Subscription End Date
- June 19, 2025
- Motilal Oswal Fund Target
- BSE 1000 Total Return Index
- Motilal Oswal Fund Focus
- Top 1,000 listed companies
- Motilal Oswal Fund Sector Diversification
- 22 sectors
