Motilal Oswal Nifty 500 Momentum 50 Index Fund Direct Growth

Motilal Oswal Nifty 500 Momentum 50 Index Fund Direct Growth is an equity fund. This fund was started on 24 September, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

1. Motilal Oswal Nifty 500 Momentum 50 Index Fund Direct Growth has ₹402 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
2. The fund has an expense ratio 0.3.
   

Motilal Oswal Nifty 500 Momentum 50 Index Fund Direct Growth has given a CAGR return of -12.78% since inception.

Motilal Oswal Nifty 500 Momentum 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Financial Services, Utilities, Tech, Basic Materials, Energy, Real Estate, Health. Its top holdings are Trent Ltd, Bajaj Auto Ltd, Adani Ports & Special Economic Zone Ltd, Mahindra & Mahindra Ltd, Bharat Electronics Ltd

As it is a index funds mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of the securities as represented by Nifty 500 Momentum 50 Total Return Index, subject to tracking error.

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Motilal Oswal Nifty 500 Momentum 50 Index Fund Direct Growth has no lock in period.