| Launch date | NA |
| Allotment date | 08 Aug 2024 |
| End date | NA |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 1.05%
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
Ajay KhandelwalJul 2024 - PresentView details
Niket ShahJul 2024 - PresentView details
Santosh SinghJul 2024 - PresentView details
Rakesh ShettyJul 2024 - PresentView details
Atul MehraJul 2024 - PresentView details
Sunil SawantJul 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 Manufacturing 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 Manufacturing Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹61,382 Cr and the Latest NAV as of 06 Sep 2024 is ₹10.41. The Motilal Oswal Manufacturing 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 achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in the manufacturing activity. ;
| Fund benchmark | Nifty India Manufacturing Total Return Index |
|---|