Motilal Oswal Nifty Bank Index Fund Direct Growth
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.
₹20.17
1D
NAV as on 14 May 2025
13.14%/per year
Since Inception
▲▼
1871 people have invested ₹ 1.2Cr 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.
Motilal Oswal Nifty Bank Index Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Motilal Oswal Nifty Bank Index Fund Asset Allocation
See fund asset allocation details as on (13-May-25)
Fund Distribution
as on (13-May-25)
Equity 100%
Motilal Oswal Nifty Bank Index Fund Sector Allocation
See fund sector allocation details as on (13-May-25)
Sector Allocation
Equity 100%
Top Sector in April was Financial Services
Financial Services
100%
Financial Services
100%
Motilal Oswal Nifty Bank Index Fund Holdings Details
as on (30-Apr-25)
Equity
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 ratio | 0.33% |
Benchmark | Nifty Bank TR INR |
| AUM | ₹634 Cr |
| Inception Date | 6 September, 2019 |
| Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 16.51% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   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
- Motilal Oswal Nifty Bank Index Fund Direct Growth has ₹634 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Motilal Oswal Nifty Bank Index Fund Direct Growth has given a CAGR return of 13.14% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 14.80%, 18.85% and 23.71% respectively.
Holdings
Motilal Oswal Nifty Bank Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services. 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 benefitDividends 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
- AUM of the fund stands at 633.7 Cr as of Apr'25
- AUM increased by 40.1 Cr between Apr'25 and Mar'25
More funds from Motilal Oswal
5Y CAGR
▲ 39.77
5Y CAGR
▲ 32.61
5Y CAGR
▲ 29.83
5Y CAGR
▲ 25.14
5Y CAGR
▲ 33.26
Frequently Asked Questions for Motilal Oswal Nifty Bank Index Fund Direct Growth
What is the current NAV of Motilal Oswal Nifty Bank Index Fund Direct Growth?
What are the average returns of Motilal Oswal Nifty Bank Index Fund Direct Growth?
Motilal Oswal Nifty Bank Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.42% | 7.42% |
6 Month Returns | 9.08% | 9.08% |
1 Year Returns | 14.8% | 14.8% |
3 Years Returns | 67.88% | 18.85% |
How do I invest in Motilal Oswal Nifty Bank Index Fund Direct Growth?
- 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.
What is the expense ratio of Motilal Oswal Nifty Bank Index Fund Direct Growth?
What is net assets under management (AUM) of Motilal Oswal Nifty Bank Index Fund Direct Growth?
What are the top 5 holdings of Motilal Oswal Nifty Bank Index Fund Direct Growth?
What is the alpha of Motilal Oswal Nifty Bank Index Fund Direct Growth?
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Motilal Oswal Nifty Bank Index Fund Direct Growth | -0.24 | -0.23 | -0.36 |
What is the beta of Motilal Oswal Nifty Bank Index Fund Direct Growth??
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Motilal Oswal Nifty Bank Index Fund Direct Growth | 1 | 1 | 0.99 |
What is the sharpe ratio of Motilal Oswal Nifty Bank Index Fund Direct Growth?
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Motilal Oswal Nifty Bank Index Fund Direct Growth | 0.43 | 0.63 | 0.76 |
What is the standard deviation of Motilal Oswal Nifty Bank Index Fund Direct Growth?
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Motilal Oswal Nifty Bank Index Fund Direct Growth | 13.39 | 15 | 20.89 |