VR Logo

Unrated

Motilal Oswal Nifty Bank Index Fund - Regular Plan


Equity: Sectoral-Banking

Suitability:

This is a fund that invests mainly in shares of banks and financial services companies.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -33.08 0.61 -0.06 -2.54 9.60 -31.04 -- -- -- -- --
S&P BSE Bankex TRI -32.90 0.71 -0.10 -2.18 8.95 -31.30 -- -- -- -- --
Equity: Sectoral-Banking -31.29 0.58 0.06 -1.96 11.63 -30.07 -- -- -- -- --
Rank within category 13 18 15 18 21 11 -- -- -- -- --
Number of funds in category 23 23 23 23 23 23 19 17 15 10 8

As on 06-Aug-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Motilal Oswal Nifty Bank Index Fund - Regular Plan  | Invest Online
Unrated
Sep-19 -- -- -- 1.03 47
SBI Banking & Financial Services Fund - Regular Plan  | Invest Online
5 star
Feb-15 -11.48 1.13 9.12 2.21 1,350
Tata Banking and Financial Services Fund - Regular Plan  | Invest Online
4 star
Dec-15 -10.41 -1.41 -- 1.68 434
Nippon India ETF Bank BeES  | Invest Online
Unrated
May-04 -23.91 -4.77 2.53 0.18 4,876
Kotak Banking ETF Fund Regular  | Invest Online
Unrated
Dec-14 -23.89 -4.81 2.62 0.18 3,995

Best & Worst Performance

Best (Period) Worst (Period)
Week 17.22 (26-May-2020 - 02-Jun-2020) -25.35 (16-Mar-2020 - 23-Mar-2020)
Month 28.14 (22-May-2020 - 23-Jun-2020) -44.20 (20-Feb-2020 - 23-Mar-2020)
Quarter 27.34 (24-Mar-2020 - 23-Jun-2020) -46.78 (23-Dec-2019 - 23-Mar-2020)
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE Bankex TRI* 0.04 28.74 -0.18 -0.18 -- --
Equity: Sectoral-Banking* -3.57 29.92 -0.27 -0.33 0.99 -3.68
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Jul-2020

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 13
Top 10 Stocks (%) 96.80
Top 5 Stocks (%) 86.57
Top 3 Sectors (%) 98.22
Portfolio P/B Ratio 1.63
Portfolio P/E Ratio 29.76

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,02,811 1,59,142
Giant (%) 88.14 74.90
Large (%) 2.04 7.41
Mid (%) 9.82 16.09
Small (%) -- 3.96
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down HDFC Bank Financial 20.14 32.03 27.21 27.21
up ICICI Bank Financial 22.79 20.14 18.33 18.33
up Kotak Mahindra Bank Financial 31.19 16.04 12.53 16.04
up Axis Bank Financial 72.28 14.35 12.12 14.32
up State Bank of India Financial 7.88 12.27 9.12 10.68
up Indusind Bank Financial 9.99 7.76 3.44 4.47
up Bandhan Bank Financial 17.87 2.00 0.00 2.00
up Federal Bank Financial 6.74 1.63 1.33 1.59
up RBL Bank Financial 25.01 1.39 0.92 1.25
up Bank of Baroda Financial 24.13 1.07 0.76 0.91
up Punjab National Bank Financial 70.40 0.71 0.42 0.71
down IDFC First Bank Financial -- 0.79 0.66 0.71
equal Yes Bank Financial -- 1.29 0.00 0.00

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Jun-2020

Fund Manager

— Swapnil P Mayekar since 19-Aug-2019

Education: Mr. Mayekar is an M.Com from Mumbai University and also holds an Advanced Diploma in Business Administration from Welingkar, Mumbai.

Experience: Prior to joining Motilal Oswal AMC he worked with Business Standard Limited from Aug 2005 to Feb 2010.

Funds Managed:


0.61%

Change from previous, NAV as on 06-Aug-2020

Growth: ₹ 7.8487


Investment Strategy

The Scheme seeks investment return that corresponds to the performance of Nifty Bank Index subject to tracking error.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load 1% for redemption within 90 days

Basic Details

Fund House: Motilal Oswal Mutual Fund
Launch Date: 06-Sep-2019
Return Since Launch: -21.51%
Benchmark: NIFTY Bank TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 47 Cr (As on 30-Jun-2020)
Expense: 1.03% (As on 30-Jun-2020)
Risk Grade: --
Return Grade: --
Turnover: 50.00%

Contact Information

AMC: Motilal Oswal Asset Management Company Ltd.

Address: Motilal Oswal Towers - 10th Floor, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai - 400025

Phone: 022-39804238 / 1800-200-6626

Email: [email protected]

Website: http://www.motilaloswalmf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

VR Helpline

Is the worst behind us?

dateSaturday, 08-Aug-2020
time04:00 PM - 04:30 PM