ESDS rally sparks 5.19% NAV jump in Motilal Oswal Digital India Fund

A recent IPO listing significantly boosted the Motilal Oswal Digital India Fund's net asset value. ESDS Software's stock more than doubled on its market debut, contributing to the fund's gain. This sharp rise in the fund's NAV is considered rare for diversified equity schemes. The fund manager noted the strong performance of an anchor allocation from the IPO. Future NAV increases are possible as ESDS Software continues its upward trend.

Raccontata daeconomictimes.indiatimes.com