Fund Details
Motilal Oswal Nifty Next 50 Index Fund Regular Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.95% |
| NAV | ₹12.41 (06 May 2021) |
|---|---|
| Fund Started | 22 Dec 2019 |
| Fund Size | ₹60 Cr |
Returns
Comparison
1. Lower expense ratio - 0.95%
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
3. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Vedanta Ltd. | Metals | Equity | 3.8% |
| Adani Green Energy Ltd. | Engineering | Equity | 3.5% |
| Avenue Supermarts Ltd. | Services | Equity | 3.5% |
| Info Edge (India) Ltd. | Services | Equity | 3.3% |
| ICICI Lombard General Insurance Company Ltd. | Financial | Equity | 3.1% |
| Dabur India Ltd. | FMCG | Equity | 3.0% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | Equity | 2.9% |
| Adani Enterprises Ltd. | Services | Equity | 2.8% |
| Godrej Consumer Products Ltd. | FMCG | Equity | 2.7% |
| Pidilite Industries Ltd. | Chemicals | Equity | 2.7% |
Fund Managers
Motilal Oswal Nifty Next 50 Index Fund Regular Growth Details
Motilal Oswal Nifty Next 50 Index Fund Regular Growth is a Equity Mutual Fund Scheme launched by Motilal Oswal Mutual Fund. This scheme was made available to investors on 22 Dec 2019. Swapnil P Mayekar is the Current Fund Manager of Motilal Oswal Nifty Next 50 Index Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹60 Cr and the Latest NAV as of 06 May 2021 is ₹12.41.
The Motilal Oswal Nifty Next 50 Index Fund Regular Growth is rated Very 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 Next 50 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.
