Motilal Oswal Nifty MidSmall Healthcare Index Fund Review – Motilal Oswal Nifty MidSmall Healthcare Index Fund Review Direct NFO Open on 29 October 2024 and Close on 06 November 2024. Motilal Oswal Nifty MidSmall Healthcare Index Fund Direct NFO Allotment Date is 12 November 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹500. The Minimum SIP Investment Amount is ₹500.
Type of the Scheme
An open ended fund replicating / tracking the Nifty MidSmall Healthcare Total Return Index.
Scheme Benchmark : Nifty MidSmall Healthcare Total Return Index – The performance of the Scheme will be benchmarked against Nifty MidSmall Healthcare Total Return Index since it is an ideal benchmark for this scheme and investment objective of the scheme is to replicate / track the performance of the index.
Motilal Oswal Nifty MidSmall Healthcare Index Fund Scheme Benchmark
| Company | Weightage |
|---|---|
| Max Healthcare Institute Ltd. | 13.20 |
| Lupin Ltd. | 9.52 |
| Aurobindo Pharma Ltd. | 7.37 |
| Fortis Healthcare Ltd. | 5.78 |
| Alkem Laboratories Ltd. | 5.70 |
| Glenmark Pharmaceuticals Ltd. | 4.54 |
| Mankind Pharma Ltd. | 4.29 |
| Ipca Laboratories Ltd. | 3.67 |
| Laurus Labs Ltd. | 3.29 |
| Biocon Ltd. | 2.94 |
Motilal Oswal Nifty MidSmall Healthcare Index Fund Important Date
| Scheme Offer | Motilal Oswal Nifty MidSmall Healthcare Index Fund |
|---|---|
| Offer Price | Rs. 10/- per Unit |
| Type of Scheme | An open-ended |
| Open Date | 29 Oct 2024 |
| Close Date | 06 Nov 2024 |
| Allotment Date | 12 Nov 2024 |
| Category | Index Fund |
| Min Inv ₹ | ₹500 |
| Lock in Period | N/A |
| Risk | Very High |
| Scheme Benchmark | Nifty MidSmall Healthcare Total Return Index |
Investment Objective of the Scheme ?
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 MidSmall Healthcare Total Return Index, subject to tracking error. However, there can be no assurance or guarantee that the investment objectives of the scheme will be achieved.
Motilal Oswal Nifty MidSmall Healthcare Index Fund Other Details
| Exit Load | 1% |
|---|---|
| Exit Load Details | Exit load of 1%, if redeemed within 15 days. |
| Entry Load | N/A |
| Stamp Duty | 0.005% |
| Min. Investment | Rs. 500 |
| Min. SIP | Rs. 500 |
Motilal Oswal Nifty MidSmall Healthcare Index Fund Asset Allocation
| Instruments | Allocation Min | Allocation Max |
|---|---|---|
| Constituents of Nifty MidSmall Healthcare Index Fund | 95% | 100% |
| Units of Liquid schemes and Money Market instruments | 0% | 5% |
Manager Manage the Scheme?
Fund Manger : Mr. Swapnil Mayekar
Qualification : Master of Commerce (Finance Management)
Experience : Swapnil has over 13 years of experience in the fund management and product development. Motilal Oswal Asset Management Company Ltd. from March 2010 onwards Business Standard, Research Associate from August 2005 to February 2010.
Fund Manger : Rakesh Shetty
Qualification : Bachelors of Commerce (B.Com)
Experience : He has more than 14 years of overall experience and expertise in trading in equity, debt segment, Exchange Trade Fund’s management, Corporate Treasury and Banking. Prior to joining Motilal Oswal Asset Management Company Limited, he has worked with Company engaged in Capital Market Business wherein he was in charge of equity and debt ETFs, customized indices and has also been part of product development.
Motilal Oswal Nifty MidSmall Healthcare Index Fund Index Return
| Index Return | QTD | YTD | 1 Year | 5 Years | Since Inception |
|---|---|---|---|---|---|
| Price Return | 18.50 | 38.12 | 56.79 | 28.82 | 21.15 |
| Total Return | 18.76 | 38.67 | 57.48 | 29.72 | 22.31 |
Where Will the Scheme Invest ?
- Equity and Equity related instruments including derivatives
- Units of Liquid Schemes and Money Market Instruments (including reverse repos, Commercial Deposit, Commercial Paper, Treasury Bills and Tri-Party Repos) permitted by SEBI/RBI or in alternative investment for the call money market as may be provided by RBI to meet the liquidity requirements.
- Derivative including Index Futures, Stock Futures, Index Options and Stock Options etc. and such other derivatives instruments permitted under Regulations.
- Any other instruments as may be permitted by RBI/SEBI under prevailing laws from time to time.
Also Read: Motilal Oswal Nifty MidSmall Financial Services Index Fund Review
Motilal Oswal Nifty MidSmall Healthcare Index Fund Registrar
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