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NAV as of ( Sep 09, 2022 )
₹ 14.71 0.52 % 1-D Change
You get upto 0.65% extra returns
Sorry ! A report card is not available for this scheme since this scheme is a passively managed index scheme.
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Fresh Investments closed in this fund!
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|ET Money Rank||Not yet ranked|
|Expense ratio||0.38% As on Oct 31, 2021|
|AUM (Fund Size)||₹ 308 Crs|
|Age||3 yrs Since Aug 19, 2019|
|Benchmark||Nifty Bank TRI|
SIP ₹ 500 &
Lumpsum ₹ 500
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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Large Cap 92.94%
Mid Cap 6.47%
Small Cap 0%
Other Cap -0%
Bifurcation by Credit Quality is not available for this fund
Net Receivables 0.53%
Bifurcation by Holding is not available for this fund
Know in detail about the portfolio of this fund See detailed Portfolio Analysis
|Fund name||Annual Return %||Consistency||Value Research Rating|
|Sundaram Financial Services Opportunities Fund||16.77%|
|SBI Banking & Financial Services Fund||16.01%|
|Nippon India Banking & Financial Services Fund||15.74%|
|Invesco India Financial Services Fund||14.96%|
|Aditya Birla Sun Life Banking & Financial Services Fund||14.82%|
|Tata Banking and Financial Services Fund||14.76%|
|ICICI Prudential Banking and Financial Services Fund||13.61%|
|Motilal Oswal Nifty Bank Index Fund||%|
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|Period||Trailing returns||Category average||Rank within category|
|1 month||3.5%||2.99%||4 / 14|
|3 months||21.24%||20.73%||5 / 13|
|6 months||15.18%||14.09%||3 / 13|
|1 year||11.35%||6.06%||2 / 11|
|3 years||13.06%||14.59%||8 / 9|
Know in detail about the returns of this fund See detailed Return Analysis
Level of Risk in the Scheme
Investors understand that their principal will be at Very High risk
The Scheme seeks investment return that corresponds to the performance of Nifty Bank Index subject to tracking error.
Swapnil P Mayekar
Mr. Mayekar is an M.Com from Mumbai University and also holds an Advanced Diploma in Business Administration from Welingkar, Mumbai.
Prior to joining Motilal Oswal AMC he worked with Business Standard Limited from Aug 2005 to Feb 2010.
As on Jun 30, 2022
The Motilal Oswal Nifty Bank Index Fund is a 3 yrs old fund and has delivered average annual returns of 13.17% since inception.
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of Motilal Oswal Nifty Bank Index Fund for Sep 09, 2022 is 14.71 .
On ET Money, Investing in Motilal Oswal Nifty Bank Index Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of Motilal Oswal Nifty Bank Index Fund is 0.38%. .
Redeeming your investments in Motilal Oswal Nifty Bank Index Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Motilal Oswal Nifty Bank Index Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of Motilal Oswal Nifty Bank Index Fund is ₹308 Crs.
The Motilal Oswal Nifty Bank Index Fund has invested the majority of its money in the stocks of the following companies -
|Company||Percentage of Portfolio|
|HDFC Bank Ltd.||26.23%|
|ICICI Bank Ltd.||23.74%|
|State Bank of India||11.87%|
|Axis Bank Ltd.||11.79%|
|Kotak Mahindra Bank Ltd.||11.09%|
|Indusind Bank Ltd.||5.9%|
|AU Small Finance Bank Ltd.||2.27%|
|Bank Of Baroda||1.88%|
|Federal Bank Ltd.||1.85%|
|Bandhan Bank Ltd.||1.66%|
The Motilal Oswal Nifty Bank Index Fund has primarily invested in the following sectors
|Sector||Percentage of Portfolio|