New NFOs This Week (Jun 1–Jun 7, 2026) — Motilal Oswal Clean Environment Index
June 5, 2026 · 1 min read · Sanket Dube
One NFO opened this week. Motilal Oswal brings a thematic index fund tracking the BSE Clean Environment Index, adding to a growing shelf of ESG-adjacent passive products in the Indian market.
This week's NFOs
Motilal Oswal BSE Clean Environment Index Fund
Thematic index funds track a rules-based index built around a specific theme rather than broad market capitalisation. The BSE Clean Environment Index filters for companies whose revenues are materially tied to clean energy, pollution control or environmental services.
Category observations
A single thematic index fund launch makes this a quiet week by volume. The clean environment category sits in SEBI's 'Other Scheme' bucket, which is the catch-all for thematic and index products that don't fit neatly into the standard equity or debt categories. Passive thematic products are a growing format in India but the clean environment sub-theme has very few established fund peers, making category-level comparison difficult at this stage.
Track records emerge over three years.
Reading the broader picture
- Last week's coverage sits at Week of May 25 to May 31, 2026.
- The live list of currently open NFOs sits at finset.in/nfo.
- Per-scheme deep dives live at finset.in/funds.
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Published by Sanket Nilkantha Dube, AMFI-registered Mutual Fund Distributor (ARN-180462). Not investment advice. Full disclosures.