Motilal Oswal Mutual Fund
Index / ETF · Direct · Growth
NAV as of 30 Oct 2026 · Source: AMFI
Motilal Oswal Nifty Bank Index Fund is an Index / ETF fund from Motilal Oswal Mutual Fund, with NAVs going back to September 2019. This page covers its direct plan, growth option. It manages ₹622 crore, the 2nd largest of 9 funds tracking the Nifty Bank TRI. Its expense ratio is 0.32% a year, higher than the median of 0.31% for funds tracking the Nifty Bank TRI.
Over the last three years it returned 9.02% a year, 3rd of 3 funds tracking the Nifty Bank TRI (median 9.05%). It is 0.31 percentage points a year behind its benchmark, the Nifty Bank TRI, over three years, on AMFI's figures. Its biggest fall from a peak in the last three years was 18.3%, and AMFI's riskometer rates it Very High.
Annualised (CAGR) for periods over a year, calculated from AMFI NAVs up to 30 Oct 2026. Past performance does not guarantee future returns. How we calculate returns
1 Year
-5.45%
3 Years
+9.02%
5 Years
+7.49%
Since launch (11 Sept 2019)
+10.25%
Fund and benchmark returns as published by AMFI for 29 Oct 2026, so both sides use the same date and method. They can differ slightly from the figures above.
| Period | This fund | Benchmark | Difference |
|---|---|---|---|
| 1 Year | -5.64% | -5.34% | -0.30 pts |
| 3 Years | +9.19% | +9.50% | -0.31 pts |
| 5 Years | +7.58% | +7.87% | -0.29 pts |
| Since launch | +10.52% | +10.84% | -0.32 pts |
Measured from this fund's own daily NAVs over the last three years.
Volatility (annualised)
16.1%
How much the NAV typically swings in a year. Higher means a bumpier ride.
Worst fall from a peak
-18.3%
The biggest drop from a high to a later low. A sense of what a bad stretch has looked like.
Daily NAV since 11 Sept 2019.
These come from the fund's monthly factsheet and Scheme Information Document (SID). We don't show them yet, because we can't keep them accurate. Check them on Motilal Oswal Mutual Fund's website before you invest.
Funds next to Motilal Oswal Nifty Bank Index Fund, tracking the same index, ranked by 3-year return.
ICICI Prudential Mutual Fund
Index / ETF
+9.0% 3Y CAGR
Motilal Oswal Nifty Bank Index Fund - Direct Plan - Growth
Research-only · No transactions