Fund Details
Motilal Oswal Nifty 500 Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.38% |
| NAV | ₹13.22 (25 Jan 2021) |
|---|---|
| Fund Started | 05 Sep 2019 |
| Fund Size | ₹90 Cr |
Returns
Comparison
1. Risk-adjusted returns are higher compared to the category
2. Lower expense ratio - 0.38%
3. 1Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 100 Crs. Watch expense ratio when AUM is very low
2. Age is less than 5 years
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 7.5% |
| HDFC Bank Ltd. | Financial | Equity | 7.3% |
| Infosys Ltd. | Technology | Equity | 5.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.4% |
| ICICI Bank Ltd. | Financial | Equity | 4.3% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.5% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.4% |
| Hindustan Unilever Ltd. | FMCG | Equity | 2.5% |
| ITC Ltd. | FMCG | Equity | 2.1% |
| Larsen & Toubro Ltd. | Construction | Equity | 1.8% |
Fund Managers
Motilal Oswal Nifty 500 Fund Direct Growth Details
Motilal Oswal Nifty 500 Fund Direct Growth is a Equity Mutual Fund Scheme launched by Motilal Oswal Mutual Fund. This scheme was made available to investors on 05 Sep 2019. Swapnil P Mayekar is the Current Fund Manager of Motilal Oswal Nifty 500 Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹90 Cr and the Latest NAV as of 25 Jan 2021 is ₹13.22.
The Motilal Oswal Nifty 500 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 15 days.
Investment Objective
The Scheme seeks investment return that corresponds to the performance of Nifty 500 Index subject to tracking error.
Tax Implications
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.
