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MOVALUE

NSE
106.13000 INR
0.56
0.53%
Last update Jul 16, 3:26 PM IST
Market closed
Day range
105.010002
106.29000
Previous close
105.57000
Open
106.089996
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MO S&P BSE Enhanced Value ETF
106.13
0.56
0.53%

Overview

Description

MO S&P BSE Enhanced Value ETF is an exchange-traded fund designed to track the performance of companies within the S&P BSE Enhanced Value index. The primary function of this ETF is to provide investors exposure to Indian equities that are deemed to possess better value characteristics compared to their peers. This is achieved by selecting stocks based on fundamental metrics that indicate potential undervaluation, such as price-to-book, price-to-earnings, and price-to-sales ratios. The ETF is crucial in enabling investors to capitalize on the value investment strategy within the Indian market. By focusing on companies with strong fundamentals, the ETF aims to offer a balanced risk-return profile, appealing to those seeking long-term growth potential with reduced volatility. Sectors impacted by this ETF include diverse areas from industrials to consumer goods, reflecting the broad spectrum of opportunities within the Indian economy. In terms of market significance, the MO S&P BSE Enhanced Value ETF plays a vital role for investors looking to diversify their portfolios through cost-effective exposure to a curated selection of value stocks in the dynamic and growing Indian market.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
India
MIC code
XNSE
Market closed

Exchange is currently closed
Main market opens in 3 hours 29 minutes

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Main market
09:15 - 15:30
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