Motilal Oswal Asset Management Company Ltd. (MOAMC) is a public limited company incorporated under the Companies Act, 1956 on November 14, 2008, having its Registered Office at 10th Floor, Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai - 400025.
Motilal Oswal Asset Management Company Ltd. has been appointed as the Investment Manager to Motilal Oswal Mutual Fund by the Trustee vide Investment Management Agreement (IMA) dated May 21, 2009, executed between Motilal Oswal Trustee Company Ltd. and Motilal Oswal Asset Management Company Ltd.
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Motilal Oswal Nifty Bank Index Fund

Products Equity Funds Motilal Oswal Nifty Bank Index Fund
Investment Objective

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.

PERFORMANCE AND NAV (NET ASSET VALUE)
Returns for “Motilal Oswal Nifty Bank Index FUND OF FUND” are not provided because the scheme has not completed 1 year
Returns Froms :
Invested :
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This Scheme
  • Scheme Details

    Type of Scheme : An open ended scheme replicating / tracking Nifty Bank Index.

    Benchmark Underlying Index : Nifty Bank Index TRI

    Methodology and illustration of sale and repurchase price of units

    a) 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 dated June 30, 2009, no entry load will be charged by the scheme to the investors. Therefore, Sale or Subscription price = Applicable NAV (for respective plan and option of the scheme)

    Example: An investor invests Rs.10,000/- and the current NAV is Rs. 10/- then the purchase price will be Rs.10/- and the investor receives 10,000/10 = 1000 units.


    b) Methodology of calculating repurchase price of units: Repurchase or redemption price is the price or NAV at which an open-ended scheme purchases or redeems its units from the investors. It may include exit load, if applicable. The exit load, if any, shall be charged as a percentage of Net Assets Value (NAV) i.e. applicable load as a percentage of NAV will be deducted from the “Applicable NAV” to calculate the repurchase price. Therefore, Repurchase or Redemption Price = Applicable NAV *(1- Exit Load, if any)

    Example: If the Applicable NAV is Rs. 10 and a 2% Exit Load is charged, the Redemption Price per Unit will be calculated as follows: = Rs. 10 * (1-0.02) = Rs. 10 * (0.98) = Rs. 9.80

    Fund Manager : 

    Mr. Swapnil Mayekar (For Equity Component)

    About Fund Manager :

    Mr. Swapnil Mayekar : Mr. Swapnil Mayekar, MCom. from Mumbai University and Advanced Diploma in Business Administration from Welingkar,Mumbai. He has been with Motilal Oswal Asset Management Company Limited since 2010. Mr. Swapnil Mayekar has previously worked with Business Standard Limited.

    Other Funds Managed by Mr. Swapnil Mayekar : 

    Motilal Oswal NASDAQ-100 ETF




    Date of Allotment
    Entry Load Nil
    Exit Load 1%- If redeemed on or before 3 months from the date of allotment. Nil- If redeemed after 3 months from the date of allotment.

    Plans Regular Plan and Direct Plan
    Options (Under each plan) Dividend (Payout and Re-investment) and Growth
    Total Expense Ratio* NA
    NA
    Portfolio Turnover Ratio This Scheme is a new scheme and hence the same is not applicable.
    Monthly AAUM NA
    Latest AUM NA


    (Data as on 30-June-2019)

    Continuous and Systematic Investment Plan

    Minimum Application Amount : Rs. 500/- and in multiples of Re. 1/- thereafter or account balance, whichever is lower.

    Additional Application Amount : Rs. 500/- and in multiples of Re. 1/- thereafter.

    Systematic Investment Plan (SIP) : Minimum installment amount - Rs. 500/-(weekly/ fortnightly/monthly), Rs. 1,500/- (quarterly) and Rs. 6,000/- (annually) and in multiples of Re. 1/- thereafter with minimum of 12 installments for weekly /fortnightly/monthly frequency and minimum 4 installments for quarterly frequency. 

    Minimum Redemption Amount :Rs. 500/- and in multiples of Re. 1/- thereafter or account balance, whichever is lower.

    Portfolio

    (Data as on 30-Sep-2019)

    Industry Classification as recommended by AMFI

    Scrip Name Weightage (%)
    HDFC Bank Limited 30.87
    ICICI Bank Limited 18.49
    Kotak Mahindra Bank Limited 14.51
    Axis Bank Limited 12.12
    State Bank of India 9.12
    IndusInd Bank Limited 7.32
    The Federal Bank Limited 1.58
    RBL Bank Limited 1.20
    Bank of Baroda 0.97
    Yes Bank Limited 0.76

    (Data as on 30-Sep-2019)

    Total Expense Ratio
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