Motilal Oswal Nifty India Defence Index Fund Direct Growth

Equity
Direct
Index Funds
Motilal Oswal Nifty India Defence Index Fund Direct Growth

About the Fund

Launched on July 3, 2024, the Motilal Oswal Nifty India Defence Index Fund Direct Growth is a newly introduced mutual fund. This fund aims to provide investors with exposure to the growth potential of India's defense sector. With a competitive expense ratio of 0.31%. An exit load of 1% applies if units are redeemed within 15 days, encouraging long-term holding and portfolio stability. Additionally, a stamp duty of 0.005% is charged on all transactions.


Fund Managers

The fund is managed by Swapnil P Mayekar and Rakesh Shetty, who have been overseeing its operations since June 2024. Their experienced and professional management ensures that the fund is well-positioned to achieve its investment objectives.


Holdings

As this fund was recently launched, the Total AUM data is not yet available, and details of its top holdings and sectors have not been released.


Taxation

Investors need to consider the tax implications associated with their returns. If units are redeemed before completing one year, the returns are taxed at 15% as Short-Term Capital Gains (STCG). For units held for more than one year, Long-Term Capital Gains (LTCG) tax of 10% is applicable on returns exceeding Rs 1 lakh in a financial year. This taxation framework ensures that long-term investors benefit from lower tax rates.


Minimum Investment & Lock-in Period

The fund is accessible to a wide range of investors with a minimum Systematic Investment Plan (SIP) amount of Rs 500 and a minimum lumpsum investment of Rs 500. This low entry barrier allows investors to start small and increase their investment over time. There is no specific lock-in period for the fund, but an exit load of 1% applies if units are redeemed within 15 days, encouraging investors to maintain their holdings for a longer duration.


Fund Performance
zero opening, trading, fund transfer fee
11900 people have invested ₹ 41.6Cr in Motilal Oswal Nifty India Defence Index Fund Direct Growth in the last three months

Fund Overview

Expense ratio--
Benchmark
Nifty India Defence TR INR
AUM₹0 Cr
Inception Date3 July, 2024
Min Lumpsum/SIP₹500/₹500
Exit Load
1%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Very High Risk

Frequently Asked Questions

The current NAV of Motilal Oswal Nifty India Defence Index Fund Direct Growth is ₹9.8 as on 19-Jul-2024.
Existing (Absolute + CAGR) as on 19-Jul-2024.
Motilal Oswal Nifty India Defence Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0%
0%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
The alpha ratio for the Motilal Oswal Nifty India Defence Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Motilal Oswal Nifty India Defence Index Fund Direct Growth
-
-
-
As on June 2024
The alpha for Motilal Oswal Nifty India Defence Index Fund Direct Growth is calculated against Nifty India Defence 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 India Defence Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Motilal Oswal Nifty India Defence Index Fund Direct Growth
-
-
-
As on June 2024
The Beta for Motilal Oswal Nifty India Defence Index Fund Direct Growth is calculated with Nifty India Defence 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 India Defence 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 India Defence Index Fund Direct Growth
-
-
-
As on June 2024
The sharpe ratio for Motilal Oswal Nifty India Defence Index Fund Direct Growth is calculated with Nifty India Defence 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 India Defence 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 India Defence Index Fund Direct Growth
-
-
-
As on June 2024
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.
The Exit load of Motilal Oswal Nifty India Defence Index Fund Direct Growth is 1%