Motilal Oswal Nifty Bank Index Fund · Direct · Growth
NAV
₹20.1939
as of 29 Sept 2026
Expense Ratio
0.31%
AUM
₹644 Cr
Lumpsum returns (CAGR)
- 1Y
- -0.04%
- 3Y
- +7.30%
- 5Y
- +8.27%
- Since Inception
- +10.46%
SIP returns (XIRR)
- 1Y
- -6.92%
- 3Y
- +3.33%
- 5Y
- +7.04%
- Since Inception
- +10.01%
What history actually did — last 7 years (Oct 2019 – Sept 2026)
A ₹5,000 monthly SIP for the last 7 years (Oct 2019 – Sept 2026)
Real NAV backtest
A ₹5,000 monthly SIP would be worth ₹5,84,660 today — ₹4,15,000 invested, 9.8% XIRR.
₹4,15,000
Invested
₹5,84,660
Value today
9.8%
XIRR (p.a.)
A ₹1,00,000 lumpsum, the last 7 years (Oct 2019 – Sept 2026)
Real NAV backtest
₹1,00,000 invested 7 years ago would be ₹1,92,175 today (9.8% CAGR).
A regular withdrawal plan (SWP)
Real NAV backtest
A ₹10,00,000 corpus withdrawing ₹5,000/month since Oct 2019 would still hold ₹13,37,086.
Buying the worst day
Real NAV backtest
₹1,00,000 invested on the worst market day of the last 7 years (Oct 2019 – Sept 2026) (22 Mar 2020) would be ₹3,20,564 today (3.21×).
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 Aug 2026- Banks99.96%
Each sector links to the mutual funds most exposed to it.
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Fund Details
Available transactions
What this fund does
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 7 years. It manages assets worth ₹644 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY BANK INDEX- TRI. The current expense ratio is 0.31%.
Who Should Invest?
- •Cost-conscious investors who prefer passive investing with low expense ratios