|Min SIP Amount||₹500|
|NAV||₹9.60 (30 Oct 2020)|
|Fund Started||02 Dec 2019|
|Fund Size||₹43 Cr|
|Avenue Supermarts Ltd.||Services||Equity||4.3%|
|Tata Consumer Products Ltd.||FMCG||Equity||4.0%|
|Adani Green Energy Ltd.||Engineering||Equity||3.8%|
|Dabur India Ltd.||FMCG||Equity||3.8%|
|ICICI Lombard General Insurance Company Ltd.||Financial||Equity||3.8%|
|Info Edge (India) Ltd.||Services||Equity||3.6%|
|Godrej Consumer Products Ltd.||FMCG||Equity||3.6%|
|Aurobindo Pharma Ltd.||Healthcare||Equity||3.0%|
|Pidilite Industries Ltd.||Chemicals||Equity||2.9%|
Motilal Oswal Nifty Next 50 Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Motilal Oswal Mutual Fund. This scheme was made available to investors on 02 Dec 2019. Swapnil P Mayekar is the Current Fund Manager of Motilal Oswal Nifty Next 50 Index Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹43 Cr and the Latest NAV as of 30 Oct 2020 is ₹9.60.
The Motilal Oswal Nifty Next 50 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.
The Scheme seeks investment return that corresponds to the performance of Nifty Next 50 Index subject to tracking error.
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.