Motilal Oswal Nifty Bank Index Fund - Direct Plan

Open Ended Schemes(Other Scheme - Index Funds)Very High Riskvs Nifty Bank IndexISIN INF247L01890

NAV · 06-Jul-2026

₹21.6677

+7.20%

-3.40%

1Y (CAGR)

+2.57%

3Y (CAGR)

+9.12%

5Y (CAGR)

+11.29%

Since inception (CAGR)

+11.69%

NAV history

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Risk & SIP analytics

Q2 · 3Y in category

Volatility (3y)

15.93%

Downside dev (3y)

12.17%

Max drawdown (3y)

-18.4%

Sharpe (3y)

0.16

SIP XIRR (3y)

+8.85%

SIP XIRR (5y)

+10.57%

Calendar-year returns

2020 -3.2%2021 +13.0%2022 +21.8%2023 +13.0%2024 +6.0%2025 +17.8%

Vs benchmark — Nifty Bank

3y monthly · 36 months of overlap

Beta

1.00

Alpha (p.a.)

+0.54%

Up capture

100.4%

Down capture

98.0%

Correlation

1.00

Fund facts

Fund managerSwapnil Mayekar · Rakesh Shetty · Dishant Mehta

AUM₹6,297 Cr

Expense ratio0.25% · 2026-05-31

TER · AMFI officialDirect 0.26% · Regular 1.06% (2026-06-30)

Launch date19-Aug-2019

Plan typeOpen Ended · Others

Min lumpsum₹500

Min SIP₹500

Lock-inNone

Volatility23.50

AMCMotilal Oswal Asset Management Company Limited

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.

scheme documents ↗