Motilal Oswal Nifty Bank Index Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.46
• Std Deviation 14.82%
• Tracking Error 0.00%

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.

The Motilal Oswal Nifty Bank Index Fund Regular Growth has an AUM of 617.88 crores & has delivered CAGR of 7.80% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.00%. The minimum investment in Motilal Oswal Nifty Bank Index Fund Regular Growth is Rs 500 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Moderate & Good respectively.

The top holdings of the fund include HDFC Bank, ICICI Bank, Kotak Mahindra Bank & Axis Bank.

The major sectors where the fund is invested are Regional Banks.

Some of the similar funds are ICICI Prudential Nifty Midcap 150 Index Fund Regular Growth, DSP Nifty 50 Index Fund Regular Growth, Motilal Oswal Nifty 50 Index Fund Regular Growth, Franklin India NSE Nifty 50 Index Fund Growth, Motilal Oswal Nifty Bank Index Fund Regular Growth. Motilal Oswal Nifty Bank Index Fund Regular Growth has a sharpe ratio of 0.46 & a standard deviation of 14.82%.