|Min SIP Amount||₹500|
|NAV||₹8.79 (29 Oct 2020)|
|Fund Started||05 Sep 2019|
|Fund Size||₹65 Cr|
|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.