Motilal Oswal Nifty Bank Index Fund
NAV
₹21.36
as of 4 Sept 2026
Motilal Oswal Nifty Bank Index Fund is an open-ended Index Funds scheme from Motilal Oswal Mutual Fund managing ₹673 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹21.36 as of 4 Sept 2026. The expense ratio is 0.29% a year. Managed by Swapnil Mayekar. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.29% / yr
- as of 30 Jun 2026
- Fund size
- ₹673 crore
- as of 31 Jul 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 6 Sept 2019
- ISIN
- INF247L01890
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 3 Sept 2026Benchmark: Nifty Bank TRI
Motilal Oswal Nifty Bank Index Fund
₹161
+61% on ₹100 over 5.0 yrs
Index Funds average
₹134
+34% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 5.71% | 5.72% | -0.01 |
| 6 months | 2.94% | 2.96% | -0.02 |
| 1 year | 6.47% | 6.51% | -0.04 |
| 3 years (CAGR) | 9.33% | 9.35% | -0.02 |
| 5 years (CAGR) | 9.91% | 10.47% | -0.56 |
Category average across 8 funds, as of 3 Sept 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -3.5%
- Median
- 13.7%
- Best
- 35.6%
49 windows over the last 60 months, stepped monthly; 98% ended positive. Worst window began 2 Jun 2025. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 7.5%
- Median
- 12.0%
- Best
- 20.4%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 1 Jun 2023. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.20
- Sharpe ratio (5Y)
- 0.38
- Sortino ratio (3Y)
- 0.27
- Standard deviation (3Y)
- 16.70%
- Deepest fall (5Y)
- -16.95%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Deepest fall
-16.9%
Right now
-6.3% below peak
Where the money actually is
Equity
99.7%
Cash
0.3%
Whole-portfolio split, as of 31 Jul 2026. The size split below covers only the equity slice of this.
What it owns
16 positions · top 10 = 86.8%
Market-cap mix (equity sleeve)
Large 74.3%Mid 25.5%Other 0.3%
as of 31 Jul 2026
Holdings by sector
Financial Services(10 in top 10)99.7%
- HDFC Bank Ltd18.15%
- ICICI Bank Ltd14.82%
- State Bank of India10.06%
- Kotak Mahindra Bank Ltd9.29%
- Axis Bank Ltd8.79%
- The Federal Bank Ltd7.27%
- IndusInd Bank Ltd5.48%
- AU Small Finance Bank Ltd4.70%
- IDFC First Bank Ltd4.66%
- Bank of Baroda3.57%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 29.5% vs category 35.3% a year.
Money in, money out
- Net flow, 12 months
- +₹6 cr
- Net flow, 3 months
- +₹3 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Motilal Oswal Nifty Bank Index Fund?
- ₹21.36 per unit as of 4 Sept 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Motilal Oswal Nifty Bank Index Fund?
- 0.29% a year for the Direct plan, as of 30 Jun 2026.
- How large is Motilal Oswal Nifty Bank Index Fund?
- ₹673 crore under management as of 31 Jul 2026, in the Index Funds category.
- How risky is Motilal Oswal Nifty Bank Index Fund?
- Its SEBI Riskometer reading is "Very High Risk". Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
- What are the 5-year returns of Motilal Oswal Nifty Bank Index Fund?
- 9.91% a year over the last 5 years (Direct plan, CAGR), against a Index Funds average of 10.47%. Past returns do not predict future returns.
- What is the worst 3-year return of Motilal Oswal Nifty Bank Index Fund?
- 7.5% a year — the weakest of 25 overlapping 3-year holding periods, beginning 1 Jun 2023. The median was 12.0% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Motilal Oswal Nifty Bank Index Fund?
- Swapnil Mayekar, managing this fund for 6.9 years.
Where this fund sits
Its shelf, all funds
Ix · Index funds & ETFs →
Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Index Funds funds
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- Motilal Oswal Nifty India Defence Index Fund₹5,177 crore
- Motilal Oswal S&P 500 Index Fund₹4,500 crore
- HDFC NIFTY Smallcap 250 Index Fund₹728 crore
- HDFC NIFTY Midcap 150 Index Fund₹687 crore
- Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60 40 Index Fund₹644 crore
- Navi Nifty Bank Index Fund₹640 crore
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty Bank TRI) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.