Motilal Oswal Nifty Bank Index Fund Direct Growth

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 29 Dec 2009. 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 ₹1,21,501 Cr and the Latest NAV as of 10 Oct 2025 is ₹21.00. 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 of 1% if redeemed within 15 days. ;

Investment Objective

The Scheme seeks investment return that corresponds to the performance of Nifty Bank Index subject to tracking error. ;