Motilal Oswal Nifty Bank Index Fund Direct Growth
Motilal Oswal Nifty Bank Index Fund Direct Growth

Motilal Oswal Nifty Bank Index Fund Direct Growth

Equity
Direct
Index Funds

NAV: ₹ 15.7 as on 02-12-2022

Fund Performance
zero opening, trading, fund transfer fee
1410 people have invested ₹ 46.1L in mutual fund in the last three months
About the 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 a NAV of 15.7049 as on 02-12-2022.

2) Motilal Oswal Nifty Bank Index Fund Direct Growth has 307 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.

3) The fund has an expense ratio 0.21 %.

Fund Overview

Expense ratio
Expense ratio
0.21%
Benchmark
Benchmark
IISL Nifty Bank TR INR
AUM
AUM
₹307 Cr
Inception Date
Inception Date
6 September, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
473.38%

Fund Distribution

  • Equity 100%
  • Debt & Cash 0%
Size breakup
Large cap
93.7%
Mid cap
6.3%

Sector Allocation

Oct'22

Sep'22

Aug'22

Financial Services

100%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings13
Equity Holdings12
Debt Holdings1

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 7.6 Cr in last 1M
Oct'22 return outperformed benchmark

Change in AUM

Oct'22
₹ 306.7 Cr
Sep'22
₹ 299.1 Cr
Aug'22
₹ 307.5 Cr

Fund Returns vs Benchmark

Oct'22
7.02%
6.66%
Sep'22
-2.29%
-2.56%
Aug'22
5.64%
2.42%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
13
12
13
Top 5 Company Concentration
84.7%
84.1%
83.5%
Company having highest exposure
HDFC Bank Ltd (25.6%)
HDFC Bank Ltd (26.1%)
HDFC Bank Ltd (25.6%)
No of Sectors
2
1
2
Top 5 Sectors Concentration
100%
100.2%
100%
Sector having highest exposure
Financial Services (100%)
Financial Services (100.2%)
Financial Services (99.4%)

Fund Manager

Swapnil Mayekar

Swapnil Mayekar

Managing this fund since 6 September 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Motilal Oswal Nifty 500 Fund Direct Growth
18.3%
--
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth
25.86%
--
Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth
16.94%
--

AMC details

Address
Motilal Oswal Asset Management Company Limited,Motilal Oswal Tower,,Plot#1043 TPS-IV,Gokhale Road South (behind Parel ST. Depot),,Prabhadevi,
Phone
+912239804263
Fund House
Motilal Oswal Asset Management Co. Ltd

Fund Highlights

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pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 14.95% since inception which is more than its category average return of 10.3%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.96% in Equity, 0% in Debt and 0.04% in Cash related instruments
AUM size ₹307 Cr

AUM size ₹307 Cr

This fund has AUM of ₹307 Cr which is less than its category average of ₹ 456 Cr
Expense Ratio 0.21%

Expense Ratio 0.21%

This fund has an expense ratio of 0.21% which is less than its category average expense ratio of 0.55%

Frequently Asked Questions

The current NAV of Motilal Oswal Nifty Bank Index Fund Direct Growth is 15.7.
Existing (Absolute + CAGR)
Motilal Oswal Nifty Bank Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.74%
4.74%
6 Month Returns
21.4%
21.4%
1 Year Returns
18.68%
18.68%
3 Years Returns
34.74%
10.45%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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0.21 as on November 2022
307 Cr as on November 2022
HDFC Bank Ltd(25.6%),ICICI Bank Ltd(24.61%),Axis Bank Ltd(12.62%),State Bank of India(10.99%),Kotak Mahindra Bank Ltd(10.86%) as on November 2022
The alpha ratio for the Motilal Oswal Nifty Bank Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Motilal Oswal Nifty Bank Index Fund Direct Growth
-0.3
-0.52
-
As on month end.
The alpha for Motilal Oswal Nifty Bank Index Fund Direct Growth is calculated against IISL Nifty Bank TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Motilal Oswal Nifty Bank Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Motilal Oswal Nifty Bank Index Fund Direct Growth
1
0.99
-
As on month end.
The Beta for Motilal Oswal Nifty Bank Index Fund Direct Growth is calculated with IISL Nifty Bank TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Motilal Oswal Nifty Bank Index Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Motilal Oswal Nifty Bank Index Fund Direct Growth
-
-
-
As on month end.
The sharpe ratio for Motilal Oswal Nifty Bank Index Fund Direct Growth is calculated with IISL Nifty Bank TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Motilal Oswal Nifty Bank Index Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Motilal Oswal Nifty Bank Index Fund Direct Growth
18.8
33.05
-
As on month end.
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Swapnil Mayekar is the fund manager of Motilal Oswal Nifty Bank Index Fund Direct Growth
The Exit load of Motilal Oswal Nifty Bank Index Fund Direct Growth is 1%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.