|Min SIP Amount||₹500|
|NAV||₹10.99 (27 Oct 2020)|
|Fund Started||05 Sep 2019|
|Fund Size||₹59 Cr|
|Reliance Industries Ltd.||Energy||Equity||10.4%|
|HDFC Bank Ltd.||Financial||Equity||6.7%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||4.5%|
|Tata Consultancy Services Ltd.||Technology||Equity||3.8%|
|ICICI Bank Ltd.||Financial||Equity||3.5%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||2.7%|
|Hindustan Unilever Ltd.||FMCG||Equity||2.6%|
|Larsen & Toubro Ltd.||Construction||Equity||1.6%|
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 ₹59 Cr and the Latest NAV as of 27 Oct 2020 is ₹10.99.
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.
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.