Motilal Oswal Nifty Bank Index Fund · Direct · Growth
NAV
₹21.2887
as of 31 Jul 2026
Expense Ratio
—
see scheme documents
AUM
₹537 Cr
Lumpsum returns (CAGR)
- 1Y
- +2.80%
- 3Y
- +8.47%
- 5Y
- +11.17%
- Since Inception
- +11.57%
SIP returns (XIRR)
- 1Y
- +2.80%
- 3Y
- +7.68%
- 5Y
- +9.83%
- Since Inception
- +11.99%
What history actually did — last 6 years (Aug 2020 – Jul 2026)
A ₹5,000 monthly SIP for the last 6 years (Aug 2020 – Jul 2026)
Real NAV backtest
A ₹5,000 monthly SIP would be worth ₹4,87,692 today — ₹3,55,000 invested, 10.7% XIRR.
₹3,55,000
Invested
₹4,87,692
Value today
10.7%
XIRR (p.a.)
A ₹1,00,000 lumpsum, the last 6 years (Aug 2020 – Jul 2026)
Real NAV backtest
₹1,00,000 invested 6 years ago would be ₹2,76,750 today (18.5% CAGR).
A regular withdrawal plan (SWP)
Real NAV backtest
A ₹10,00,000 corpus withdrawing ₹5,000/month since Aug 2020 would still hold ₹22,79,806.
Buying the worst day
Real NAV backtest
₹1,00,000 invested on the worst market day of the last 6 years (Aug 2020 – Jul 2026) (3 Jun 2024) would be ₹1,13,601 today (1.14×).
Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.
Performance Comparison
Sectoral allocation
as of 31 Mar 2026- Banks100.00%
Each sector links to the mutual funds most exposed to it.
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Fund Details
Available transactions
Investment Objective
Motilal Oswal Nifty Bank Index Fund · Direct · Growth is a passively managed fund that tracks a specific market index, aiming to replicate its returns with minimal tracking error. Index funds offer low-cost, diversified exposure to the market with full transparency of holdings.
About This Fund
Motilal Oswal Nifty Bank Index Fund · Direct · Growth is a Index Fund mutual fund offered by Motilal Oswal Mutual Fund. The fund has been operational for over 6 years. It manages assets worth ₹537 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY BANK INDEX- TRI.
Who Should Invest?
- •Investors with a high risk appetite seeking long-term wealth creation
- •Investors with an investment horizon of 5 years or more
- •Cost-conscious investors who prefer passive investing with low expense ratios
- •SIP investors who can benefit from rupee cost averaging during market fluctuations