Motilal Oswal Nifty Bank Index Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 16.63 | 12.64 | N/A | N/A |
Average Rolling Returns(%) | 21.75 | 18.92 | N/A | N/A |
The Current NAV of Motilal Oswal Nifty Bank Index Fund - Growth - Direct Plan is ₹17.22.
It is better to invest in a fund with a longer track record as Motilal Oswal Nifty Bank Index Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY BANK - TRI returns, as Funds portfolio is significantly different.
Motilal Oswal Nifty Bank Index Fund - Growth - Direct Plan fund’s expense ratio is 0.32%
The process for redemption is
The AUM of Motilal Oswal Nifty Bank Index Fund - Growth - Direct Plan is currently ₹558 Crores.
The Top three stocks are HDFC Bank, ICICI Bank and Axis Bank and account for 62% of its portfolio. Top 5 and 10 stocks of fund account for 80% and 97% of fund’s portfolio respectively.
Top three sectors of Motilal Oswal Nifty Bank Index Fund - Growth - Direct Plan fund are BFSI, Miscellaneous and accounting for 100% of the total portfolio.
Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Index Funds - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Motilal Oswal Nifty Bank Index Fund - Growth - Direct Plan Fund is Index Funds - Other.
Swapnil P Mayekar manages the Motilal Oswal Nifty Bank Index Fund - Growth - Direct Plan Fund.
Motilal Oswal Nifty Bank Index Fund - Growth - Direct Plan current PE ratio is 17.49 and PB ratio is 2.46
The asset allocation of Motilal Oswal Nifty Bank Index Fund - Growth - Direct Plan is Stocks : 99.81%, Debt : 0.18% and Gold : 0%
The minimum SIP amount for Motilal Oswal Nifty Bank Index Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹500.00
The exit load for Motilal Oswal Nifty Bank Index Fund - Growth - Direct Plan is 1% on or before 15 days, Nil after 15 days