Motilal Oswal Nifty M50 ETF (G)

Motilal Oswal Nifty M50 ETF (G) is an Exchange Traded Fund which is benchmarked to IISL Nifty 50 TR INR. Motilal Oswal Nifty M50 ETF (G) is managed by the Motilal Oswal Asset Management Co. Ltd with the fund managers being Swapnil Mayekar. The Motilal Oswal Nifty M50 ETF (G) was launched on Jul 28, 2010 with no lock-in period. Since its inception, the fund has delivered 12.6% as a return on investment. The fund has delivered a 1-year return of 0.2%, a 3-year return of 32.1%, and a 5-year return of 12.4%.

As on 23 Mar, 2023 the NAV of the fund is Rs 171.78 and the AUM is Rs 29.59 crores. The fund charges an expense ratio of 0.05% on an annual basis. You can start a SIP with an investment of a minimum of Rs 100. You can make a lumpsum investment of minimum of Rs 5000.

Since the scheme is benchmarked to IISL Nifty 50 TR INR, the fund is subject to very high risk and it may witness volatility in the short term. Hence, an exchange-traded fund is more suitable for an investment horizon of more than 5 years. The Motilal Oswal Nifty M50 ETF (G) has an asset allocation of 0% in equity and equity equivalents and 0% in debt securities.

Scripbox provides a unique feature through which you can compare the performance of Motilal Oswal Nifty M50 ETF (G) with another fund in a similar category. This way you can make a well-informed investment decision.