| Launch date | 29 Oct 2024 |
| Allotment date | 25 Nov 2024 |
| End date | 12 Nov 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.62%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 15 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Rakesh ShettyOct 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #19 in India |
|---|---|
| Total AUM | ₹1,25,710.56Cr |
| Date of Incorporation | 29 Dec 2009 |
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Motilal Oswal Nifty MidSmall Healthcare 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 MidSmall Healthcare Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,25,711 Cr and the Latest NAV as of 06 Nov 2025 is ₹10.68. The Motilal Oswal Nifty MidSmall Healthcare 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 MidSmall Healthcare Total Return Index, subject to tracking error. ;
| Fund benchmark | Nifty MidSmall Healthcare Total Return Index |
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