Three index funds – Kotak Nifty Alpha Low Volatility 30 Index Fund, Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund and Motilal Oswal BSE Clean Environment Index Fund – were launched in June, which together collected Rs 48 crore. Out of these three funds, Motilal Oswal BSE Clean Environment Index Fund contributed the maximum at Rs 36 crore.