Risk | High |
---|---|
Min SIP Amount | ₹500 |
Expense Ratio | 0.38% |
NAV | ₹11.34 (25 Jan 2021) |
---|---|
Fund Started | 05 Sep 2019 |
Fund Size | ₹90 Cr |
Name | Sector | Instrument | % Assets |
---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 26.7% |
ICICI Bank Ltd. | Financial | Equity | 19.2% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 15.2% |
Axis Bank Ltd. | Financial | Equity | 14.9% |
State Bank of India | Financial | Equity | 10.2% |
Indusind Bank Ltd. | Financial | Equity | 4.9% |
Bandhan Bank Ltd. | Financial | Equity | 2.6% |
Federal Bank Ltd. | Financial | Equity | 1.3% |
RBL Bank Ltd. | Financial | Equity | 1.0% |
Punjab National Bank | Financial | Equity | 0.8% |
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 ₹90 Cr and the Latest NAV as of 25 Jan 2021 is ₹11.34.
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.