Returns
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Risk
This fund has Very High risk.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
As per SEBI's Riskometer.
More Details about Risk
Portfolio of Motilal Oswal Nifty Bank Index Fund - Direct Plan
Asset Allocation
Split between different types of investments
Market Cap Weightage
Split between categories of Equity investments
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Portfolio Breakdown
Peer Comparison
Fund name | Rating | VR Opinion | Risk | Return (%) | Expense Ratio (%) | |
---|---|---|---|---|---|---|
Motilal Oswal Nifty Bank Index Fund - Direct Plan | Very High | loading... | 0.33 | |||
Unrated | Very High | loading... | 0.10 | |||
Unrated | Very High | loading... | 0.20 | |||
Unrated | Very High | loading... | 0.19 | |||
Unrated | Very High | loading... | 0.15 |
Other details of Motilal Oswal Nifty Bank Index Fund - Direct Plan
Assets
₹600 Cr
Exit Load (Days)
1.00 (15)
Min. Investment (₹)
500
Min. Withdrawal (₹)
500
Min. SIP Investment (₹)
500
Min. No of Cheques
12
More Details
Investment Strategy
The Scheme seeks investment return that corresponds to the performance of Nifty Bank Index subject to tracking error.
Suitability
This is a fund that invests mainly in shares of banks and financial services companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.
Capital Gains Taxation
- If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1.25 lakh in a financial year are exempt from tax. Gains over Rs 1.25 lakh are taxed at the rate of 12.5%.
- If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 20%.
- No tax is to be paid as long as you continue to hold the units.
Dividend Taxation
- Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.
Latest news on Motilal Oswal Nifty Bank Index Fund - Direct Plan
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