Motilal Oswal Nifty Bank Index Fund Direct Growth

Equity
Sectoral
High Risk
8.31%
3Y annualised
-1.42% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 13 Jan 2025₹17.70
Min. SIP amount₹500
Rating2
Fund size₹620.84Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Sectoral
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns1.3%8.3%8.6%11.2%
Category average2.4%10.7%10.4%NA
Rank with in category221412NA
Understand terms

Holdings (12)

NameSectorInstrumentAssets
FinancialEquity28.13%
FinancialEquity25.00%
FinancialEquity8.81%
FinancialEquity8.55%
FinancialEquity8.46%
FinancialEquity4.52%
FinancialEquity3.49%
FinancialEquity3.19%
FinancialEquity2.78%
FinancialEquity2.52%
FinancialEquity2.40%
FinancialEquity2.23%
See All

Pros and cons

Category: Equity Sectoral

Pros

Lower expense ratio: 0.33%

Cons

Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.33%

Inclusive of GST

Exit load

Exit load of 1% if redeemed within 15 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund house & investment objective

Fund house contact details

Address
Motilal Oswal Towers - 10th Floor,Rahimtullah Sayani Road,Opposite Parel ST Depot, Prabhadevi, Mumbai 400025
Phone
022-39804238 / 1800-200-6626
Launch Date
29 Dec 2009
E-mail
NA
Motilal Oswal Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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