Motilal Oswal Nifty Bank Index Fund Direct Growth
EquityIndex FundsVery High Risk
Direct
NAV (17-Apr-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹594 Cr
Expense Ratio
0.33%
ISIN
INF247L01890
Minimum SIP
₹500
Exit Load
1.00%
Inception Date
06 Sep 2019
About this fund
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹19.99, Assets Under Management (AUM) of 593.54 Crores, and an expense ratio of 0.33%.
- Motilal Oswal Nifty Bank Index Fund Direct Growth has given a CAGR return of 13.14% since inception.
- The fund's asset allocation comprises around 100.03% in equities, 0.00% in debts, and -0.03% in cash & cash equivalents.
- You can start investing in Motilal Oswal Nifty Bank Index Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+15.05%
— (Cat Avg.)
3 Years
+13.86%
— (Cat Avg.)
5 Years
+21.46%
— (Cat Avg.)
Since Inception
+13.14%
— (Cat Avg.)
Portfolio Summaryas of 31st March 2025
| Equity | ₹593.74 Cr | 100.03% |
| Others | ₹-0.2 Cr | -0.03% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹167.86 Cr | 28.28% |
| ICICI Bank Ltd | Equity | ₹150.72 Cr | 25.39% |
| Kotak Mahindra Bank Ltd | Equity | ₹50.65 Cr | 8.53% |
| State Bank of India | Equity | ₹50.53 Cr | 8.51% |
| Axis Bank Ltd | Equity | ₹49.87 Cr | 8.40% |
| The Federal Bank Ltd | Equity | ₹22.59 Cr | 3.81% |
| IndusInd Bank Ltd | Equity | ₹20.46 Cr | 3.45% |
| Bank of Baroda | Equity | ₹20.24 Cr | 3.41% |
| IDFC First Bank Ltd | Equity | ₹16.29 Cr | 2.74% |
| Punjab National Bank | Equity | ₹15.85 Cr | 2.67% |
| AU Small Finance Bank Ltd | Equity | ₹14.35 Cr | 2.42% |
| Canara Bank | Equity | ₹14.35 Cr | 2.42% |
| Net Receivables / (Payables) | Cash | ₹-1.78 Cr | 0.30% |
| Collateralized Borrowing & Lending Obligation | Cash - Collateral | ₹1.58 Cr | 0.27% |
Allocation By Market Cap (Equity)
Large Cap Stocks
85.20%
Mid Cap Stocks
14.83%
Small Cap Stocks
--
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹593.74 Cr | 100.03% |
Risk & Performance Ratios
Standard Deviation
This fund
14.69%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
0.47
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Swapnil Mayekar
Since September 2019
Rakesh Shetty
Since December 2024
Dishant Mehta
Since October 2024
Additional Scheme Detailsas of 31st March 2025
ISIN INF247L01890 | Expense Ratio 0.33% | Exit Load 1.00% | Fund Size ₹594 Cr | Age 5 years 7 months | Lumpsum Minimum ₹500 | Fund Status Open Ended Investment Company | Benchmark Nifty Bank TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Index Funds Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI BSE PSU Bank Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹8.42 Cr | - |
| SBI BSE PSU Bank Index Fund Regular Growth Very High Risk | 0.8% | 0.0% | ₹8.42 Cr | - |
| SBI BSE PSU Bank ETF Very High Risk | 0.3% | - | ₹205.39 Cr | - |
| Tata BSE Quality Index Fund Direct Growth Very High Risk | - | 0.0% | - | - |
| Tata BSE Quality Index Fund Regular Growth Very High Risk | - | 0.0% | - | - |
| HDFC Nifty Top 20 Equal Weight Index Fund Direct Growth Very High Risk | - | 0.0% | ₹70.51 Cr | - |
| HDFC Nifty Top 20 Equal Weight Index Fund Regular Growth Very High Risk | - | 0.0% | ₹70.51 Cr | - |
| Kotak Nifty Midcap 150 Index Fund Regular Growth Very High Risk | 0.3% | 0.0% | ₹7.20 Cr | - |
| Kotak Nifty Midcap 150 Index Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹7.20 Cr | - |
| Mirae Asset BSE 200 Equal Weight ETF Very High Risk | - | - | ₹14.21 Cr | - |
About the AMC
Motilal Oswal Mutual Fund
Total AUM
₹82,928 Cr
Address
Motilal Oswal Tower, Mumbai, 400 025
Other Funds by Motilal Oswal Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of Motilal Oswal Nifty Bank Index Fund Direct Growth?
What are the returns of Motilal Oswal Nifty Bank Index Fund Direct Growth?
What is the portfolio composition of Motilal Oswal Nifty Bank Index Fund Direct Growth?
Who manages the Motilal Oswal Nifty Bank Index Fund Direct Growth?
- Swapnil Mayekar
- Rakesh Shetty
- Dishant Mehta
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Motilal Oswal Nifty Bank Index Fund Direct Growth
EquityIndex FundsVery High Risk
Direct
NAV (17-Apr-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹594 Cr
Expense Ratio
0.33%
ISIN
INF247L01890
Minimum SIP
₹500
Exit Load
1.00%
Inception Date
06 Sep 2019
Risk Level
Your principal amount will be at Very High Risk
About this fund
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹19.99, Assets Under Management (AUM) of 593.54 Crores, and an expense ratio of 0.33%.
- Motilal Oswal Nifty Bank Index Fund Direct Growth has given a CAGR return of 13.14% since inception.
- The fund's asset allocation comprises around 100.03% in equities, 0.00% in debts, and -0.03% in cash & cash equivalents.
- You can start investing in Motilal Oswal Nifty Bank Index Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+15.05%
— (Cat Avg.)
3 Years
+13.86%
— (Cat Avg.)
5 Years
+21.46%
— (Cat Avg.)
Since Inception
+13.14%
— (Cat Avg.)
Portfolio Summaryas of 31st March 2025
| Equity | ₹593.74 Cr | 100.03% |
| Others | ₹-0.2 Cr | -0.03% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹167.86 Cr | 28.28% |
| ICICI Bank Ltd | Equity | ₹150.72 Cr | 25.39% |
| Kotak Mahindra Bank Ltd | Equity | ₹50.65 Cr | 8.53% |
| State Bank of India | Equity | ₹50.53 Cr | 8.51% |
| Axis Bank Ltd | Equity | ₹49.87 Cr | 8.40% |
| The Federal Bank Ltd | Equity | ₹22.59 Cr | 3.81% |
| IndusInd Bank Ltd | Equity | ₹20.46 Cr | 3.45% |
| Bank of Baroda | Equity | ₹20.24 Cr | 3.41% |
| IDFC First Bank Ltd | Equity | ₹16.29 Cr | 2.74% |
| Punjab National Bank | Equity | ₹15.85 Cr | 2.67% |
| AU Small Finance Bank Ltd | Equity | ₹14.35 Cr | 2.42% |
| Canara Bank | Equity | ₹14.35 Cr | 2.42% |
| Net Receivables / (Payables) | Cash | ₹-1.78 Cr | 0.30% |
| Collateralized Borrowing & Lending Obligation | Cash - Collateral | ₹1.58 Cr | 0.27% |
Allocation By Market Cap (Equity)
Large Cap Stocks
85.20%
Mid Cap Stocks
14.83%
Small Cap Stocks
--
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹593.74 Cr | 100.03% |
Risk & Performance Ratios
Standard Deviation
This fund
14.69%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
0.47
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Swapnil Mayekar
Since September 2019
Rakesh Shetty
Since December 2024
Dishant Mehta
Since October 2024
Additional Scheme Detailsas of 31st March 2025
ISIN INF247L01890 | Expense Ratio 0.33% | Exit Load 1.00% | Fund Size ₹594 Cr | Age 5 years 7 months | Lumpsum Minimum ₹500 | Fund Status Open Ended Investment Company | Benchmark Nifty Bank TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Index Funds Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| SBI BSE PSU Bank Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹8.42 Cr | - |
| SBI BSE PSU Bank Index Fund Regular Growth Very High Risk | 0.8% | 0.0% | ₹8.42 Cr | - |
| SBI BSE PSU Bank ETF Very High Risk | 0.3% | - | ₹205.39 Cr | - |
| Tata BSE Quality Index Fund Direct Growth Very High Risk | - | 0.0% | - | - |
| Tata BSE Quality Index Fund Regular Growth Very High Risk | - | 0.0% | - | - |
| HDFC Nifty Top 20 Equal Weight Index Fund Direct Growth Very High Risk | - | 0.0% | ₹70.51 Cr | - |
| HDFC Nifty Top 20 Equal Weight Index Fund Regular Growth Very High Risk | - | 0.0% | ₹70.51 Cr | - |
| Kotak Nifty Midcap 150 Index Fund Regular Growth Very High Risk | 0.3% | 0.0% | ₹7.20 Cr | - |
| Kotak Nifty Midcap 150 Index Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹7.20 Cr | - |
| Mirae Asset BSE 200 Equal Weight ETF Very High Risk | - | - | ₹14.21 Cr | - |
About the AMC
Motilal Oswal Mutual Fund
Total AUM
₹82,928 Cr
Address
Motilal Oswal Tower, Mumbai, 400 025
Other Funds by Motilal Oswal Mutual Fund
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Motilal Oswal Nifty Bank Index Fund Direct Growth?
What are the returns of Motilal Oswal Nifty Bank Index Fund Direct Growth?
What is the portfolio composition of Motilal Oswal Nifty Bank Index Fund Direct Growth?
Who manages the Motilal Oswal Nifty Bank Index Fund Direct Growth?
- Swapnil Mayekar
- Rakesh Shetty
- Dishant Mehta
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
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