Fund Details
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.38% |
| NAV | ₹14.43 (22 Jan 2021) |
|---|---|
| Fund Started | 05 Sep 2019 |
| Fund Size | ₹101 Cr |
Returns
Comparison
1. Risk-adjusted returns are higher compared to the category
2. Lower expense ratio - 0.38%
1. Asset under management(AUM) is less than 100 Crs. Watch expense ratio when AUM is very low
2. Age is less than 5 years
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Apollo Hospitals Enterprise Ltd. | Healthcare | Equity | 2.0% |
| Yes Bank Ltd. | Financial | Equity | 2.0% |
| Jubilant FoodWorks Ltd. | Services | Equity | 1.8% |
| Zee Entertainment Enterprises Ltd. | Services | Equity | 1.8% |
| Shriram Transport Finance Co. Ltd. | Financial | Equity | 1.7% |
| Voltas Ltd. | Cons Durable | Equity | 1.7% |
| AU Small Finance Bank Ltd. | Financial | Equity | 1.5% |
| Crompton Greaves Consumer Electricals Ltd. | Cons Durable | Equity | 1.5% |
| PI Industries Ltd. | Chemicals | Equity | 1.5% |
| SRF Ltd. | Diversified | Equity | 1.4% |
Fund Managers
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth Details
Motilal Oswal Nifty Midcap 150 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 Midcap 150 Index Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹101 Cr and the Latest NAV as of 22 Jan 2021 is ₹14.43.
The Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500. Exit load of 1% if redeemed within 15 days.
Investment Objective
The Scheme seeks investment return that corresponds to the performance of Nifty Midcap 150 Index subject to tracking error.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
