Name: Motilal Oswal Nifty Bank Index Fund Direct Growth
Brand: Motilal Oswal Mutual Fund

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Motilal Oswal Nifty Bank Index Fund Direct Growth
Other
Index
High Risk
8.96%
1M return
+2.15% 1D
1M
6M
1Y
All
 NAV: 25 Oct 2021₹14.93
Min. SIP amount₹500
Rating4star
Fund size₹140.32 Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Other Index
Absolute returns
3M6M1YAll
Fund returns17.6%30.0%66.6%49.3%
Category averageNANA56.1%NA
Rank with in category155NA
Understand termsinfo
Holdings (12)NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialEquity27.9%
ICICI Bank Ltd.
FinancialEquity20.8%
State Bank of India
FinancialEquity13.0%
Kotak Mahindra Bank Ltd.
FinancialEquity12.6%
Axis Bank Ltd.
FinancialEquity12.3%
Indusind Bank Ltd.
FinancialEquity5.3%
AU Small Finance Bank Ltd.
FinancialEquity2.0%
Bandhan Bank Ltd.
FinancialEquity1.5%
The Federal Bank Ltd.
FinancialEquity1.3%
IDFC First Bank Ltd.
FinancialEquity1.2%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Sep 2021 - Present
0.38%
31 Aug 2021 - 30 Sep 2021
0.38%
31 Jul 2021 - 31 Aug 2021
0.38%
30 Jun 2021 - 31 Jul 2021
0.38%
31 May 2021 - 30 Jun 2021
0.38%
30 Apr 2021 - 31 May 2021
0.38%
31 Mar 2021 - 30 Apr 2021
0.38%
28 Feb 2021 - 31 Mar 2021
0.38%
31 Jan 2021 - 28 Feb 2021
0.38%
31 Dec 2020 - 31 Jan 2021
0.38%
30 Nov 2020 - 31 Dec 2020
0.38%
31 Oct 2020 - 30 Nov 2020
0.38%
30 Sep 2020 - 31 Oct 2020
0.38%
31 Aug 2020 - 30 Sep 2020
0.38%
31 Jul 2020 - 31 Aug 2020
0.38%
30 Jun 2020 - 31 Jul 2020
0.38%
31 May 2020 - 30 Jun 2020
0.38%
30 Apr 2020 - 31 May 2020
0.38%
31 Mar 2020 - 30 Apr 2020
0.40%
29 Feb 2020 - 31 Mar 2020
0.40%
31 Jan 2020 - 29 Feb 2020
0.38%
31 Dec 2019 - 31 Jan 2020
0.38%
30 Nov 2019 - 31 Dec 2019
0.38%
31 Oct 2019 - 30 Nov 2019
0.38%
30 Sep 2019 - 31 Oct 2019
0.38%
Expense ratio, exit load and taxExpense ratio: 0.38%Inclusive of GST
Exit loadExit load of 1% if redeemed within 15 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationNA
Understand termsinfo
Check past data
Minimum investment amountsMin. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500
Fund managementSwapnil P Mayekar
Aug 2019 - Present
View details
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Education
Mr. Mayekar is an M.Com from Mumbai University and also holds an Advanced Diploma in Business Administration from Welingkar, Mumbai.
Experience
Prior to joining Motilal Oswal AMC he worked with Business Standard Limited from Aug 2005 to Feb 2010.
Also manages these schemes
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Motilal Oswal Flexi Cap Fund Regular Growth
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Motilal Oswal Nasdaq 100 FOF Regular Growth
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Motilal Oswal Nifty Bank Index Fund Regular Growth
Motilal Oswal Nifty Bank Index Fund Direct Growth
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Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth
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Motilal Oswal Nifty 500 Fund Direct Growth
Motilal Oswal Nifty 500 Fund Regular Growth
Motilal Oswal Nifty 50 Index Fund Direct Growth
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Motilal Oswal Nifty Next 50 Index Fund Regular Growth
Motilal Oswal Multi Asset Fund Direct Growth
Motilal Oswal Multi Asset Fund Regular Growth
Motilal Oswal Asset Allocation Passive FoF Aggressive Direct Growth
Motilal Oswal Asset Allocation Passive FoF Aggressive Regular Growth
Motilal Oswal Asset Allocation Passive FoF Conservative Regular Growth
Motilal Oswal Asset Allocation Passive FoF Conservative Direct Growth
Fund house & investment objective
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Motilal Oswal Mutual Fund
Rank (total assets)#19 in India
Total AUM25,401.41 Cr
Date of Incorporation29 Dec 2009
Motilal Oswal Nifty Bank Index Fund Direct Growth is a Other Mutual Fund Scheme launched by Motilal Oswal Mutual Fund. This scheme was made availabl
Motilal Oswal Nifty Bank Index Fund Direct Growth is a Other 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 ₹25,401 Cr and the Latest NAV as of 25 Oct 2021 is ₹14.93.
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....Read more
Investment Objective
The Scheme seeks investment return that corresponds to the performance of Nifty Bank Index subject to tracking error.
The Scheme seeks investment return that corresponds to the performance of Nifty Bank Index subject to tracking error.
Fund benchmarkNIFTY Bank TRI
descriptionScheme Information Document(SID)
Fund house contact details
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Address
Motilal Oswal Tower, 10th Floor, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumba Mumbai 400025
Phone
022-39804263
Launch Date
29 Dec 2009
E-mail
[email protected]
Website
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,
Email
[email protected]
Website
www.karvymfs.com
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	3M	6M	1Y	All
Fund returns	17.6%	30.0%	66.6%	49.3%
Category average	NA	NA	56.1%	NA
Rank with in category	1	5	5	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	27.9%
ICICI Bank Ltd.	Financial	Equity	20.8%
State Bank of India	Financial	Equity	13.0%
Kotak Mahindra Bank Ltd.	Financial	Equity	12.6%
Axis Bank Ltd.	Financial	Equity	12.3%
Indusind Bank Ltd.	Financial	Equity	5.3%
AU Small Finance Bank Ltd.	Financial	Equity	2.0%
Bandhan Bank Ltd.	Financial	Equity	1.5%
The Federal Bank Ltd.	Financial	Equity	1.3%
IDFC First Bank Ltd.	Financial	Equity	1.2%

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

Rating	4
Fund size	₹140.32 Cr

Rank (total assets)	#19 in India
Total AUM	25,401.41 Cr