|Min SIP Amount||₹500|
|NAV||₹7.85 (05 Aug 2020)|
|Fund Started||05 Sep 2019|
|Fund Size||₹47 Cr|
|HDFC Bank Ltd.||Financial||Equity||27.2%|
|ICICI Bank Ltd.||Financial||Equity||18.3%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||16.0%|
|Axis Bank Ltd.||Financial||Equity||14.3%|
|State Bank of India||Financial||Equity||10.7%|
|Indusind Bank Ltd.||Financial||Equity||4.5%|
|Bandhan Bank Ltd.||Financial||Equity||2.0%|
|Federal Bank Ltd.||Financial||Equity||1.6%|
|RBL Bank Ltd.||Financial||Equity||1.3%|
|Bank Of Baroda||Financial||Equity||0.9%|
Motilal Oswal Nifty Bank Index 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 Bank Index Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹47 Cr and the Latest NAV as of 05 Aug 2020 is ₹7.85.
The Motilal Oswal Nifty Bank Index Fund Direct Growth is rated High risk. Minimum SIP Investment is set to 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 Bank Index subject to tracking error.