Motilal Oswal Nifty Bank Index - Regular Plan

Motilal Oswal Nifty Bank Index - Regular Plan is a scheme launched by Motilal Oswal Mutual Fund on September 10, 2019, and falls under the Index fund category. It currently manages an AUM of Rs 607.46 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 500. It charges an expense ratio of 1% for managing the portfolio.

• Investing Strategy:

  The Scheme seeks investment return that corresponds to the performance of Nifty Bank Index subject to tracking error.

• Performance:

  Motilal Oswal Nifty Bank Index - Regular Plan trailing returns over different times are 5.54% (1 year), 9.9% (3 year) and 19.08% (5 year). The average annual return of this fund stands at 7.63%.