| Launch date | 29 Jan 2025 |
| Allotment date | 18 Feb 2025 |
| End date | 12 Feb 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: NA
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 90 days.
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 | Not Supported |
| Min. for 2nd investment onwards | Not Supported |
| Min. for SIP | Not Supported |
Fund management
Varun SharmaFeb 2025 - PresentView details
Niket ShahJan 2025 - PresentView details
Atul MehraJan 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #19 in India |
|---|---|
| Total AUM | ₹93,341.37Cr |
| Date of Incorporation | 29 Dec 2009 |
|---|
Motilal Oswal Innovation Opportunities 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. Niket Shah is the Current Fund Manager of Motilal Oswal Innovation Opportunities Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹93,341 Cr and the Latest NAV as of 29 Jan 2025 is ₹10.00. The Motilal Oswal Innovation Opportunities Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Exit load of 1%, if redeemed within 90 days. ;
Investment Objective
The scheme seeks to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies that will benefit from the adoption of innovative strategies or following the innovation theme. ;
| Fund benchmark | NIFTY 500 Total Return Index |
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