Motilal Oswal AMC has decided to put its women-inclusive index on hold. The fund house had filed for the Motilal Oswal MSCI India Women’s Leadership Select 30 Index Fund in January, 2023 and had got approval to launch the fund by the Securities and Exchange Board of India. However, the fund house has confirmed that the launch of the scheme has been put off.

According to industry sources, the reason is the lack of transparency in data on women inclusion provided by companies in India. The second reason, there are only a handful of companies with women at top leadership positions.

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