|Min SIP Amount||₹500|
|NAV||₹9.25 (07 Aug 2020)|
|Fund Started||03 Dec 2019|
|Fund Size||₹41 Cr|
|Reliance Industries Ltd.||Energy||Equity||12.4%|
|HDFC Bank Ltd.||Financial||Equity||10.6%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||7.0%|
|ICICI Bank Ltd.||Financial||Equity||5.2%|
|Tata Consultancy Services Ltd.||Technology||Equity||5.0%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||4.6%|
|Hindustan Unilever Ltd.||FMCG||Equity||4.5%|
|Bharti Airtel Ltd.||Communication||Equity||3.1%|
Motilal Oswal Nifty 50 Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Motilal Oswal Mutual Fund. This scheme was made available to investors on 03 Dec 2019. Swapnil P Mayekar is the Current Fund Manager of Motilal Oswal Nifty 50 Index Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹41 Cr and the Latest NAV as of 07 Aug 2020 is ₹9.25.
The Motilal Oswal Nifty 50 Index Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500. Exit load of 1%, if redeemed within 3 months.
The Scheme seeks investment return that corresponds to the performance of Nifty 50 Index subject to tracking error.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.