Motilal Oswal Nifty Capital Market Index Fund Direct Growth

Motilal Oswal Nifty Capital Market Index Fund Direct Growth is an equity fund. This fund was started on 16 December, 2024. The fund is managed by Swapnil Mayekar. The fund could potentially beat inflation in the long-run.

1. Motilal Oswal Nifty Capital Market Index Fund Direct Growth has ₹205 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.5.
   

Motilal Oswal Nifty Capital Market Index Fund Direct Growth has given a CAGR return of 9.88% since inception.

Motilal Oswal Nifty Capital Market Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech. Its top holdings are BSE Ltd, HDFC Asset Management Co Ltd, Multi Commodity Exchange of India Ltd, Central Depository Services (India) Ltd, Computer Age Management Services Ltd Ordinary Shares

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 investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of the securities as represented by Nifty Capital Market Total Return Index, subject to tracking error.

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