NAV (as on 2023-11-30)16.2973(-0.19%)
(Chairman, Motilal Oswal AMC)
Investors looking to invest in the Indian banking stocks
Invests upto 100% in stocks comprising Nifty Bank Index in proportion of their index weights
Motilal Oswal Nifty Bank Index Fund
The Scheme seeks investment return that corresponds to the performance of Nifty Bank Index subject to tracking error.
However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved
would have become ₹ 10000.00
|As on 30 Nov 2023|
|1 Yr||3 Yrs||5 Yrs||10 Yrs||Since Inception|
Scheme Inception Date -6-9-2019.
Performance is based on Compounded Annualised returns
Tracking Difference shall be disclosed only if the Scheme has completed 1 year period
Tracking Difference is the difference in the performance between Scheme and its Benchmark
Current Value for an investment of Rs10,000
Date of inception: 6-Sep-2019. Incase, the start/end date of the concerned period is non business date (NBD), the NAV of the previous date is considered for computation of returns. The NAV per unit shown in the table is as on the start date of the said period. Past performance may or may not be sustained in the future. Performance is for Regular Plan Growth option. Different plans have different expense structure. Mr. Swapnil Mayekar is the Fund Manager since inception. (Data as on 31st October 2023)
For subscription from 7th August, 2020: 1%- If redeemed on or before 15 days from the date of allotment. Nil- If redeemed after 15 days from the date of allotment. For subscription before 7th August, 2020:1%- If redeemed on or before 3 months from the dat...Read More
Methodology and illustration of sale and repurchase price of units1. Methodology of calculating sale price: The price or NAV, an investor is charged while investing in an open-ended scheme is called sale or subscription price. Pursuant to SEBI Circular da...Read More
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
For Equity Component
Swapnil has over 12 years of experience in the fund management and product development.Motilal Oswal Asset Management Company Ltd. from March 2010 onwards.Business Standard, Research Associate from August 2005 to February 2010.