Motilal Oswal Nifty Bank Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Motilal Oswal Mutual Fund. This scheme was introduced to investors on 05 Sep 2019. Swapnil P Mayekar is the Current Fund Manager of Motilal Oswal Nifty Bank Index Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹20 Cr and the Latest NAV as of 18 Oct 2019 is ₹10.66.
The Motilal Oswal Nifty Bank Index Fund Direct Growth is rated High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Exit load 1%, if redeemed within 3 months..
Investment Objective
The Scheme seeks investment return that corresponds to the performance of Nifty Bank Index subject to tracking error.
Tax Implications
Scheme Information Document(SID)
₹500
Min for First Investment
₹500
Min for Second Investment
Exit load 1%, if redeemed within 3 months.
Exit Load