| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.38% |
| NAV | ₹7.85 (05 Aug 2020) |
|---|---|
| Fund Started | 05 Sep 2019 |
| Fund Size | ₹47 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 27.2% |
| ICICI Bank Ltd. | Financial | Equity | 18.3% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 16.0% |
| Axis Bank Ltd. | Financial | Equity | 14.3% |
| State Bank of India | Financial | Equity | 10.7% |
| Indusind Bank Ltd. | Financial | Equity | 4.5% |
| Bandhan Bank Ltd. | Financial | Equity | 2.0% |
| Federal Bank Ltd. | Financial | Equity | 1.6% |
| RBL Bank Ltd. | Financial | Equity | 1.3% |
| Bank Of Baroda | 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 ₹47 Cr and the Latest NAV as of 05 Aug 2020 is ₹7.85.
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 1%, if redeemed within 3 months.
The Scheme seeks investment return that corresponds to the performance of Nifty Bank Index subject to tracking error.