Motilal Oswal Nifty 500 Fund Direct Growth is a Equity Mutual Fund Scheme launched by Motilal Oswal Mutual Fund. This scheme was introduced to investors on 05 Sep 2019. Swapnil P Mayekar is the Current Fund Manager of Motilal Oswal Nifty 500 Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹22 Cr and the Latest NAV as of 20 Nov 2019 is ₹10.93.
The Motilal Oswal Nifty 500 Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Exit load 1%, if redeemed within 3 months..
The Scheme seeks investment return that corresponds to the performance of Nifty 500 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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load 1%, if redeemed within 3 months.