Motilal Oswal Nifty Next 50 Index Fund - Regular plan - Growth

Motilal Oswal Nifty Next 50 Index Fund - Regular plan - Growth is a scheme launched by Motilal Oswal Mutual Fund on December 23, 2019, and falls under the Index fund category. It currently manages an AUM of Rs 356.36 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 1.03% for managing the portfolio.

• Investing Strategy:

  The Scheme seeks investment return that corresponds to the performance of Nifty 50 Index subject to tracking error.

• Performance:

  Motilal Oswal Nifty Next 50 Index Fund - Regular plan - Growth trailing returns over different times are -8.58% (1 year), 15.78% (3 year) and 19.5% (5 year). The average annual return of this fund stands at 1.12%.