Motilal Oswal Nifty Next 50 Index Fund Direct Growth

Motilal Oswal Nifty Next 50 Index Fund Direct Growth is an equity fund. This fund was started on 23 December, 2019. The fund is managed by Rakesh Shetty, Swapnil Mayekar, Dishant Mehta. The fund could potentially beat inflation in the long-run.

1. Motilal Oswal Nifty Next 50 Index Fund Direct Growth has ₹375 Cr worth of assets under management (AUM) as on Oct 2025 and is more than category average.
2. The fund has an expense ratio 0.3.
   

Motilal Oswal Nifty Next 50 Index Fund Direct Growth has given a CAGR return of 16.85% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -1.30%, 18.93% and 20.86% respectively.

Motilal Oswal Nifty Next 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Utilities, Consumer Defensive, Consumer Cyclical, Industrial, Health, Energy, Corporate, Real Estate, Communication, Tech. Its top holdings are Hindustan Aeronautics Ltd Ordinary Shares, TVS Motor Co Ltd, Vedanta Ltd, Divi's Laboratories Ltd, Britannia Industries Ltd

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.

The Scheme seeks investment return that corresponds to the performance of Nifty Next 50 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 for lump sum payment is INR 500.00 and for SIP is INR 500.00. Motilal Oswal Nifty Next 50 Index Fund Direct Growth has no lock in period.