|Min SIP Amount||₹500|
|NAV||₹9.60 (07 Aug 2020)|
|Fund Started||02 Dec 2019|
|Fund Size||₹36 Cr|
|HDFC Life Insurance Co Ltd.||Financial||Equity||5.4%|
|Avenue Supermarts Ltd.||Services||Equity||4.7%|
|SBI Life Insurance Company Ltd.||Financial||Equity||4.3%|
|Divi's Laboratories Ltd.||Healthcare||Equity||3.9%|
|Dabur India Ltd.||FMCG||Equity||3.6%|
|Godrej Consumer Products Ltd.||FMCG||Equity||3.5%|
|ICICI Lombard General Insurance Company Ltd.||Financial||Equity||3.4%|
|Aurobindo Pharma Ltd.||Healthcare||Equity||2.9%|
|Pidilite Industries Ltd.||Chemicals||Equity||2.8%|
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 ₹36 Cr and the Latest NAV as of 07 Aug 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 3 months.
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.