| Launch date | 11 Oct 2024 |
| Allotment date | 04 Nov 2024 |
| End date | 25 Oct 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.84%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 3 months.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Varun SharmaOct 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #19 in India |
|---|---|
| Total AUM | ₹61,382.27Cr |
| Date of Incorporation | 29 Dec 2009 |
|---|
Motilal Oswal Digital India Fund Direct Growth is a Equity Mutual Fund Scheme launched by Motilal Oswal Mutual Fund. This scheme was made available to investors on 29 Dec 2009. Santosh Singh is the Current Fund Manager of Motilal Oswal Digital India Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹61,382 Cr and the Latest NAV as of 13 Dec 2024 is ₹10.82. The Motilal Oswal Digital India Fund Direct 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 3 months. ;
Investment Objective
The scheme seeks to generate long term growth of capital by predominantly investing in digital and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other companies engaged in or leveraging digitisation. ;
| Fund benchmark | BSE Teck Total Return Index |
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