| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.38% |
| NAV | ₹8.79 (29 Oct 2020) |
|---|---|
| Fund Started | 05 Sep 2019 |
| Fund Size | ₹65 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 28.6% |
| ICICI Bank Ltd. | Financial | Equity | 19.5% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 14.8% |
| Axis Bank Ltd. | Financial | Equity | 14.3% |
| State Bank of India | Financial | Equity | 10.4% |
| Indusind Bank Ltd. | Financial | Equity | 4.4% |
| Bandhan Bank Ltd. | Financial | Equity | 2.7% |
| Federal Bank Ltd. | Financial | Equity | 1.4% |
| RBL Bank Ltd. | Financial | Equity | 1.1% |
| IDFC First Bank Ltd. | 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 ₹65 Cr and the Latest NAV as of 29 Oct 2020 is ₹8.79.
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.
The Scheme seeks investment return that corresponds to the performance of Nifty Bank Index subject to tracking error.