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Motilal Oswal Nifty Bank Index Fund - Direct (G)

Index Fund • OPEN
NAV as of May 22, 2026
₹20.04
1 day change
Returns since inception
10.91%
CAGR
AUM (Fund size)
₹640 Cr
NAV: ₹ 20.04
as on May 22, 2026
Motilal Oswal Nifty Bank Index Fund - Direct (G)

Motilal Oswal Nifty Bank Index Fund - Direct (G) Overview

AUM (Fund size) ₹ 640 Cr
Expense ratio 0.29 %
Exit load 1% - If redeemed on or before 15 days from the date of allotment. Nil - If redeemed after 15 days from the date of allotment.
Plan type Direct Fund
Risk Very High
Lock-in Period Nil
Benchmark Nifty Bank TRI
Min. investment SIP: ₹100    Lumpsum: ₹500
Age 6 yrs 9 m since Aug 19, 2019
Tax implication STCG Tax: As per your Income Tax Slab, if redeemed before 3 Years, LTCG Tax: 20% with indexation benefitu00a0 post 3 Years

Holdings Distribution

Banks
99.53%
Debt
0.36%
Cash & Others
0.11%

Top Holdings

HDFC Bank 18.92%
ICICI Bank 14.05%
Axis Bank 9.96%
SBI 9.89%
Kotak Mah. Bank 9.69%
Federal Bank 6.15%
IndusInd Bank 4.77%
AU Small Finance 4.47%
Bank of Baroda 4.43%
Canara Bank 4.04%

Peer Comparison

Fund Name 1Y 3Y 5Y
Motilal Oswal Nifty Bank Index Fund - Direct (G) -1.06% 7.74% 9.88%

Scheme Information

Motilal Oswal Nifty Bank Index Fund - Direct (G) was launched on 19/08/2019. The fund manages ₹640 Cr in assets. Its current expense ratio is 0.29%.

Fund Manager: Swapnil Mayekar

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FAQs on Motilal Oswal Nifty Bank Index Fund - Direct (G)

The current expense ratio of Motilal Oswal Nifty Bank Index Fund - Direct (G) is 0.29%.

The AUM of Motilal Oswal Nifty Bank Index Fund - Direct (G) is ₹640 crore.

Log in to your investment platform, select the fund, enter units or amount, and confirm the redemption request.

Yes, Motilal Oswal Nifty Bank Index Fund - Direct (G) allows both SIP and lump sum investments.

The latest NAV is ₹20.04.

Minimum SIP starts from ₹100.

Redemption can be done via AMC website or your investment platform.

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