| Launch date | 26 Nov 2024 |
| Allotment date | 16 Dec 2024 |
| End date | 10 Dec 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: NA
Inclusive of GST
Exit load
1%- If redeemed on or before 15 days from the date of allotment.
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 MehtaDec 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 Capital Market 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 Capital Market Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹61,382 Cr and the Latest NAV as of 24 Dec 2024 is ₹9.56. The Motilal Oswal Nifty Capital Market Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. 1%- If redeemed on or before 15 days from the date of allotment. ;
Investment Objective
The scheme seeks to provide returns that, before expenses, correspond to the total returns of the securities as represented by Nifty Capital Market Total Return Index, subject to tracking error ;
| Fund benchmark | Nifty Capital Markets Total Return Index |
|---|