Motilal Oswal Nifty Bank Index Fund Direct - Growt...
(Scheme Rating)
NAV as of Dec 27, 2024
18.910.28%
- Growth - Direct
(Earn upto 0.67% Extra Returns with Direct Plan)
Fund Category:
Equity: Sectoral-Banking
Expense Ratio:
0.33%(0.63% Category
average)Fund Size:
Rs. 617.88 Cr(1.41% of Investment in Category)
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Motilal Oswal Nifty Bank Index Fund Direct - Growth
(Scheme Rating)
NAV as of Dec 27, 2024
18.910.28%
Expense Ratio:
0.33%
Fund Size:
Rs. 617.88 Cr
Fund Category:
Equity: Sectoral-Banking
1. Current NAV: The Current Net Asset Value of the Motilal Oswal Nifty Bank Index Fund - Direct Plan as of Dec 27, 2024 is Rs 18.91 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 7.61% (1yr), 14.42% (3yr), 9.58% (5yr) and 12.56% (since launch). Whereas, Category returns for the same time duration are: 10.765917846475% (1yr), 16.83818867187836% (3yr) and 11.638185539746% (5yr).
3. Fund Size: The Motilal Oswal Nifty Bank Index Fund - Direct Plan currently holds Assets under Management worth of Rs 617.8758 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.33% for Direct plan as on Nov 30, 2024.
5. Exit Load: Motilal Oswal Nifty Bank Index Fund - Direct Plan shall attract an Exit Load, "Exit load of 1% if redeemed within 15 days."
6. Minimum Investment: Minimum investment required is Rs 500 and minimum additional investment is Rs 500. Minimum SIP investment is Rs 500.
Motilal Oswal Nifty Bank Index Fund Direct - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns -1.92 -4.71 -2.59 6.90 14.16 9.80 Category Avg -1.70 -5.60 -1.92 10.00 16.49 11.74 Rank within Category 28 12 23 22 13 12 No. of funds within Category 59 57 54 44 29 21 - Loading...
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Return Comparison
- This Fund
- BenchmarkNIFTY Bank Total Return Index
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- Nifty 50
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Motilal Oswal Nifty Bank Index Fund Direct - Growth Fund Details
Investment Objective - The Scheme seeks investment return that corresponds to the performance of Nifty Bank Index subject to tracking error.
| Fund House | Motilal Oswal Mutual Fund |
| Launch Date | Sep 06, 2019 |
| Benchmark | NIFTY Bank Total Return Index |
| Return Since Launch | 12.74% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | Above Average |
| Return Grade | Below Average |
Motilal Oswal Nifty Bank Index Fund Direct - Growth Investment Details
| Minimum Investment (Rs.) | 500.00 |
| Minimum Additional Investment (Rs.) | 500.00 |
| Minimum SIP Investment (Rs.) | 500.00 |
| Minimum Withdrawal (Rs.) | 500.00 |
| Exit Load Exit load of 1% if redeemed within 15 days. | |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
| NOV 2024 | OCT 2024 | SEP 2024 | AUG 2024 | JUL 2024 | JUN 2024 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 12 | 12 | 12 | 12 | 12 | 12 |
| Top 5 Company Holdings | 81.83% | 81.46% | 80.27% | 81.94% | 80.92% | 81.68% |
| Top 10 Company Holdings | 96.2% | 96.29% | 96.27% | 97.01% | 95.9% | 96.68% |
| Company with Highest Exposure | HDFC Bank (29.39%) | HDFC Bank (28.75%) | HDFC Bank (28.14%) | HDFC Bank (28.02%) | HDFC Bank (27.27%) | HDFC Bank (28.23%) |
| Number of Sectors | 1 | 1 | 1 | 1 | 1 | 1 |
| Top 3 Sector Holdings | 100.04% | 100.13% | 100.15% | 99.88% | 98.86% | 99.48% |
| Top 5 Sector Holdings | 100.04% | 100.13% | 100.15% | 99.88% | 98.86% | 99.48% |
| Sector with Highest Exposure | Financial (100.04%) | Financial (100.13%) | Financial (100.15%) | Financial (99.88%) | Financial (98.86%) | Financial (99.48%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) HDFC Bank Financial 28.14 19.78 90.93 5.45 ICICI Bank Financial 23.85 19.03 68.72 29.99 State Bank of India Financial 9.55 9.97 80.18 22.76 Kotak Mahindra Bank Financial 9.39 15.84 111.13 -8.40 Axis Bank Financial 9.34 11.93 90.29 -2.74 Indusind Bank Financial 5.69 9.11 104.66 -40.80 The Federal Bank Financial 2.86 11.68 16.84 26.51 Bank of Baroda Financial 2.75 6.33 38.68 5.17 AU Small Finance Bank Financial 2.47 22.56 24.47 -29.98 Canara Bank Financial 2.23 5.69 17.64 13.76
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Motilal Oswal Nifty Bank Index Fund Direct - Growth 18.91 617.88 -1.92 6.90 14.16 9.80 Sundaram Financial Services Opportunities Fund Direct-Growth 106.26 1,449.84 -1.73 9.55 20.39 15.74 Nippon India Banking & Financial Services Fund Direct-Growth 615.38 6,307.03 -2.13 12.06 19.98 14.77 Invesco India Financial Services Fund Direct-Growth 151.61 1,110.41 -0.51 22.58 21.82 16.24 SBI Banking & Financial Services Fund Direct-Growth 42.44 6,548.41 -1.12 21.80 19.17 14.81
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
High Volatality
14.72VS14.40Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
High Volatality
1.00VS0.91Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
0.57VS0.77Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
8.35VS12.22Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
-0.17VS3.28Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
14.23VS16.88Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Fund Manager
- S.P.Swapnil P MayekarSince Aug 201917 schemes
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.
More Motilal Oswal Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Motilal Oswal Midcap Fund Direct-Growth | 22,897.62 | 5.09 | 2.21 | 18.04 | 55.42 | 36.75 | |
| Motilal Oswal Flexi Cap Fund Direct-Growth | 12,598.45 | 4.76 | -1.21 | 14.58 | 43.89 | 24.08 | |
| Motilal Oswal Large and Midcap Fund Direct - Growth | 7,710.01 | 8.66 | 1.14 | 18.39 | 49.85 | 30.15 | |
| Motilal Oswal Nasdaq 100 FOF Direct - Growth | 5,468.68 | 22.42 | 30.50 | 30.68 | 55.17 | 20.46 | |
| Motilal Oswal ELSS Tax Saver Fund Direct-Growth | 4,186.93 | 7.63 | -0.01 | 16.22 | 51.41 | 29.90 | |
| Motilal Oswal S&P 500 Index Fund Direct - Growth | 3,781.04 | 2.06 | 7.23 | 13.05 | 29.98 | 13.74 | |
| Motilal Oswal Small Cap Fund Direct - Growth | 3,166.26 | 8.22 | 5.62 | 23.13 | - | - | |
| Motilal Oswal Nifty India Defence Index Fund Direct-Growth | 2,346.71 | 8.83 | -2.14 | - | - | - | |
| Motilal Oswal Multi Cap Fund Direct - Growth | 2,298.88 | 9.23 | 6.18 | 30.63 | - | - | |
| Motilal Oswal Nifty 500 Index Fund Direct - Growth | 2,060.24 | 0.79 | -8.06 | 0.78 | 17.89 | 15.84 |
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1. Motilal Oswal Nifty Bank Index Fund - Direct Plan is Open-ended Sectoral-Banking Equity scheme which belongs to Motilal Oswal Mutual Fund House.
2. The fund was launched on Sep 06, 2019.
Investment objective & Benchmark
1. The investment objective of the fund is that " The Scheme seeks investment return that corresponds to the performance of Nifty Bank Index subject to tracking error. "
2. It is benchmarked against NIFTY Bank Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 100.04491424% in equities, 0.04207201% in debts and -0.08698634% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 96.27000000000001% of the assets, the top 3 sectors constitute around 100.04% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Motilal Oswal Nifty Bank Index Fund Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Motilal Oswal Nifty Bank Index Fund Direct - Growth
- Is it safe to invest in Motilal Oswal Nifty Bank Index Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Motilal Oswal Nifty Bank Index Fund - Direct Plan comes under Very High risk category.
- What is the category of Motilal Oswal Nifty Bank Index Fund - Direct Plan?Motilal Oswal Nifty Bank Index Fund - Direct Plan belongs to the Equity : Sectoral-Banking category of funds.
- How Long should I Invest in Motilal Oswal Nifty Bank Index Fund - Direct Plan?The suggested investment horizon of investing into Motilal Oswal Nifty Bank Index Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Motilal Oswal Nifty Bank Index Fund - Direct Plan?The Motilal Oswal Nifty Bank Index Fund - Direct Plan is managed by Swapnil P Mayekar (Since Aug 19, 2019).
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