Motilal Oswal Nifty Bank Index Fund Direct Growth

Motilal Oswal Nifty Bank Index Fund Direct Growth

Equity

Motilal Oswal Mutual Fund

Index Funds

Get the latest NAV of Motilal Oswal Nifty Bank Index Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹20.47

▼-1%1D

NAV as on 13 Jun 2025

13.22%/per year

Since Inception

Absolute Gain%

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1979 people have invested ₹ 88.7L in Motilal Oswal Nifty Bank Index Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine

IND ranking is not available for this fund.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Motilal Oswal Nifty Bank Index Fund
-
642Cr
0.33%
11.74%
19.04%
13.22%
HDFC BSE Sensex Index Fund Direct Growth
1/7
8,290Cr
0.2%
9.76%
15.92%
13.37%
Kotak Nifty Next 50 Index Fund Direct Growth
1/12
596Cr
0.1%
-1.87%
21.86%
17.28%
Navi Nifty 50 Index Fund Direct Growth
1/17
2,922Cr
0.06%
9.82%
16.69%
13.37%
See all
Positive: 5Y returns in the top 25% of the category
5Y returns in the top 25% of the category
Positive: Beats FD returns for both 3Y & 5Y duration
Beats FD returns for both 3Y & 5Y duration
Negative: No bad points found for this fund.
No bad points found for this fund.

Motilal Oswal Nifty Bank Index Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Motilal Oswal Nifty Bank Index Fund Asset Allocation

See fund asset allocation details as on (14-Jun-25)

Fund Distribution

as on (14-Jun-25)

Equity 100%

Debt & Cash 0%

Large cap
83.4%
Mid cap
16.6%
Mid Cap allocation has gone up from 16.2% to 16.6%
Mid Cap allocation has gone up from 16.2% to 16.6%
Large Cap allocation has gone down from 83.9% to 83.4%
Large Cap allocation has gone down from 83.9% to 83.4%
Cash allocation has gone up from -0.1% to 0%
Cash allocation has gone up from -0.1% to 0%

Motilal Oswal Nifty Bank Index Fund Sector Allocation

See fund sector allocation details as on (14-Jun-25)

Sector Allocation

Equity 100%

Debt & Cash 0%

Financial Services
100%

Top Sector in May was Financial Services

May'25

Financial Services

100%

Apr'25

Financial Services

100%

Motilal Oswal Nifty Bank Index Fund Holdings Details

as on (31-May-25)

Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
27.82%
0.1%
ICICI Bank Ltd
25.17%
0.1%
Axis Bank Ltd
8.4%
0.1%
State Bank of India
8.29%
0.1%
Kotak Mahindra Bank Ltd
7.54%
0.1%
See all
Top Stocks bought last month
Canara Bank's allocation increased from 2.48% to 2.88%
Canara Bank's allocation increased from 2.48% to 2.88%
State Bank of India's allocation increased from 8.15% to 8.29%
State Bank of India's allocation increased from 8.15% to 8.29%
Punjab National Bank's allocation increased from 2.61% to 2.72%
Punjab National Bank's allocation increased from 2.61% to 2.72%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 27.88 % to 27.82 %
HDFC Bank Ltd's allocation decreased from 27.88 % to 27.82 %
Axis Bank Ltd's allocation decreased from 8.46 % to 8.4 %
Axis Bank Ltd's allocation decreased from 8.46 % to 8.4 %
Kotak Mahindra Bank Ltd's allocation decreased from 8.13 % to 7.54 %
Kotak Mahindra Bank Ltd's allocation decreased from 8.13 % to 7.54 %

Motilal Oswal Nifty Bank Index Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.33%
Benchmark
Nifty Bank TR INR
AUM₹642 Cr
Inception Date6 September, 2019
Min Lumpsum/SIP₹500/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
16.51%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About Motilal Oswal Nifty Bank Index Fund

Motilal Oswal Nifty Bank Index Fund Direct Growth is an equity fund. This fund was started on 6 September, 2019. The fund is managed by Swapnil Mayekar. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Motilal Oswal Nifty Bank Index Fund Direct Growth has ₹642 Cr worth of assets under management (AUM) as on May 2025 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

Motilal Oswal Nifty Bank Index Fund Direct Growth has given a CAGR return of 13.22% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.74%, 19.04% and 22.15% respectively.

Holdings

Motilal Oswal Nifty Bank Index Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, State Bank of India, Kotak Mahindra Bank Ltd

Taxation

As it is a index funds mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Motilal Oswal Nifty Bank Index Fund Direct Growth

The Scheme seeks investment return that corresponds to the performance of Nifty Bank Index subject to tracking error. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Motilal Oswal Nifty Bank Index Fund Direct Growth has no lock in period.

Fund Manager

Swapnil Mayekar

Fund Manager of Motilal Oswal Nifty Bank Index Fund Direct Growth, since 6 September 2019

Learn more about Motilal Oswal Mutual Fund
Parameters
May'25
Apr'25
Mar'25
AUM
₹ 642.4 Cr
₹ 633.7 Cr
₹ 593.5 Cr
  • AUM of the fund stands at 642.4 Cr as of May'25
  • AUM increased by 8.8 Cr between May'25 and Apr'25

Frequently Asked Questions for Motilal Oswal Nifty Bank Index Fund Direct Growth

How do I invest in Motilal Oswal Nifty Bank Index Fund?

INDmoney makes it simple to invest in the Motilal Oswal Nifty Bank Index Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Motilal Oswal Nifty Bank Index Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Motilal Oswal Nifty Bank Index Fund?

The NAV of the fund today is ₹20.47. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Motilal Oswal Nifty Bank Index Fund fund has generated a return of 11.74% in 1 year, 19.04% in 3 years, 22.15% in 5 years.

Who is the fund manager of Motilal Oswal Nifty Bank Index Fund?

The fund managers are Swapnil Mayekar.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-15 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.33%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹642 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Motilal Oswal Nifty Bank Index Fund?

The top 3 holdings of the fund are HDFC Bank Ltd(27.82%), ICICI Bank Ltd(25.17%), Axis Bank Ltd(8.4%)