Motilal Oswal Nifty Next 50 Index Fund Direct Growth

Other
Index
Very High Risk
18.73%
3Y annualised
+0.33% 1D
1M
6M
1Y
3Y
All
NAV: 03 Oct 2023₹16.02
Min. SIP amount₹500
Rating1
Fund size₹141.22Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Other Index
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA9.5%18.7%13.3%
Category averageNA16.6%20.7%NA
Rank with in categoryNA8157NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
Capital GoodsEquity3.9%
FinancialEquity3.6%
ChemicalsEquity3.1%
Consumer StaplesEquity3.1%
Capital GoodsEquity3.0%
EnergyEquity2.9%
Capital GoodsEquity2.8%
FinancialEquity2.8%
Capital GoodsEquity2.8%
DiversifiedEquity2.8%
See All

Pros and cons

Category: Other Index

Pros

Cons

Lower expense ratio: 0.35%
Consistently lower annualised returns than category average for the past 1Y and 3Y
Exit load is zero
Low rating: 1
Lower alpha: -3.16 The fund has generated returns lower than benchmark - NIFTY Next 50 Total Return Index - in the last 3Y

Expense ratio, exit load and tax

Expense ratio: 0.35%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Swapnil P Mayekar
Dec 2019 - Present
View details

Education
Mr. Mayekar is an M.Com from Mumbai University and also holds an Advanced Diploma in Business Administration from Welingkar, Mumbai.
Experience
Prior to joining Motilal Oswal AMC he worked with Business Standard Limited from Aug 2005 to Feb 2010.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Motilal Oswal Towers - 10th Floor,Rahimtullah Sayani Road,Opposite Parel ST Depot, Prabhadevi, Mumbai 400025
Phone
022-39804238 / 1800-200-6626
Launch Date
29 Dec 2009
Motilal Oswal Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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