Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Motilal Oswal Nifty Bank Index Fund - Direct Plan
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 2/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 63/100 · Average
How this score is calculated
- Star rating (35%)2/5
- 3Y CAGR (30%)10.21%
- Expense ratio (20%)0.31%
- AUM (15%)₹673 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Motilal Oswal Mutual Fund · Equity · Sectoral
₹21.6
AUM: ₹672 Cr
NAV updated 26 days ago
Plan
Direct
Option
Growth
Risk
Very High
Expense Ratio
0.31%
Exit Load
Exit load of 1% if redeemed within 15 days.
Fund Manager
Swapnil P Mayekar
Inception
Sep 2019
Benchmark
NIFTY Bank Total Return Index
Sharpe Ratio
0.05
Std Dev (1Y)
17.3%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+1.46%
3m
+7.4%
6m
-3.67%
1y
+8.44%
3y
+10.21%
5y
+10.35%
10y
—
since inception
+11.45%
TopFund's Take on Motilal Oswal Nifty Bank Index Fund - Direct Plan
Motilal Oswal Nifty Bank Index Fund - Direct Plan sits in the middle of the pack for Sectoral funds, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 63/100.
Cost: At 0.31%, the expense ratio is meaningfully cheaper — about 69% below the Sectoral category average of 0.99% (based on 469 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.05 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 17.3% is fairly typical for Sectoral funds.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Motilal Oswal Nifty Bank Index Fund - Direct Plan
The current NAV (Net Asset Value) of Motilal Oswal Nifty Bank Index Fund - Direct Plan is ₹21.6. NAV is updated every business day after market close by AMFI.
1Y: 8.44% · 3Y CAGR: 10.21% · 5Y CAGR: 10.35%
The expense ratio of Motilal Oswal Nifty Bank Index Fund - Direct Plan is 0.31% per annum. This is the annual fee charged by the fund to manage your investment.
Motilal Oswal Nifty Bank Index Fund - Direct Plan is managed by Swapnil P Mayekar at Motilal Oswal Mutual Fund.
Motilal Oswal Nifty Bank Index Fund - Direct Plan is classified as a Very High risk fund. It is suitable for aggressive investors with a long-term horizon of 5+ years.
Motilal Oswal Nifty Bank Index Fund - Direct Plan is a Sectoral fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Motilal Oswal Nifty Bank Index Fund - Direct Plan with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Motilal Oswal Nifty Bank Index Fund - Direct Plan is ₹673 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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