New Fund Offering : Motilal AMC : ETFs based on S&P 500

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Motilal Oswal AMC to launch products based on its S&P 500 index.

What is S&P 500 ?

The S&P 500 is widely regarded as the best single gauge of the large-cap US equities market since the index was first published in 1957.

The index has over $4.83-trillion benchmarked, with index assets comprising approximately $1.1 trillion of this total.

No stranger to the ETF space, the S&P 500 BeEs will be Benchmark AMC’s second foreign fund filing after the Hang Seng BeES, an open-ended index scheme, that listed on the National Stock Exchange last year

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