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The Economic Times

Business

Surbhi Khanna

Motilal Oswal Digital India Fund NAV jumps 10% in five days. What’s driving the rally?

ESDS Software IPO

The Net Asset Value (NAV) of Motilal Oswal Digital India Fund has risen sharply over the past few trading sessions, gaining around 10% in five days, driven largely by the continued rally in ESDS Software Solution, a recent IPO holding of the technology-focused mutual fund.

The net asset value of this tech sector-based fund was Rs 10.5256 on September 4 and went up to Rs 11.0770 on September 10. ESDS Software made its stock market debut on September 4.

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