| Launch date | 04 Sep 2024 |
| Allotment date | 24 Sep 2024 |
| End date | 18 Sep 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.36%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 15 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 | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Dishant MehtaOct 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 Nifty 500 Momentum 50 Index 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. Swapnil P Mayekar is the Current Fund Manager of Motilal Oswal Nifty 500 Momentum 50 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹61,382 Cr and the Latest NAV as of 14 Jan 2025 is ₹8.12. The Motilal Oswal Nifty 500 Momentum 50 Index 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 15 days. ;
Investment Objective
The scheme seeks to provide returns that, before expenses, correspond to the total returns of the securities as represented by Nifty 500 Momentum 50 Total Return Index, subject to tracking error. ;
| Fund benchmark | Nifty 500 Momentum 50 Total Return Index |
|---|
Fund house contact details
Peer Comparison
| Equity, Flexi Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
JM Flexicap Fund Direct Plan Growth | 5 | 24.2% | 22.8% | 4,531.48 |
HDFC Flexi Cap Direct Plan Growth | 4 | 18.8% | 21.1% | 66,225.06 |
Parag Parikh Flexi Cap Fund Direct Growth | 5 | 19.6% | 16.0% | 82,441.08 |
Franklin India Flexi Cap Fund Direct Growth | 4 | 14.6% | 15.6% | 18,251.58 |
Union Flexi Cap Fund Direct Growth | 4 | 9.0% | 11.7% | 2,354.86 |