Motilal Oswal Nifty Midcap 150 Index Fund(G)-Direct Plan
View the regular plan of this scheme
Rs 37.9707 0.008(0.021 %) NAV as on 24 Dec 2024Scheme Objective: The Scheme seeks investment return that corresponds (before fees and expenses) generally to the performance of the Nifty 500 Index (Underlying Index), subject to tracking error.However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Performance (As on 24 Dec 2024)
6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
---|---|---|---|---|---|
Scheme | 1.62 % | 26.68 % | 23.89 % | 28.32 % | 28.60 % |
Portfolio
Index funds aim to mimic a specific index. It could be the Nifty 50, or the Nifty Next 50, the Sensex and so on. These funds invest in the stocks that make up that index, in the exact same weights. An index fundu2019s performance moves in line with the index. However, there may be deviation in returns on account of expenses, cash kept to meet redemption requirements, and difficulty in buying and selling stocks in the index. Depending on the index, some can beat actively managed funds.
Index funds suit investors who simply want a passive strategy with no fund-management risks. Depending on the index, risk appetite required may be conservative to high. The minimum period for which these funds need to be held is 5 years.