NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Motilal Oswal Nifty Midcap 150 Index Fund Growth for NRI [36.99]

Min Investment

500

Fund Size

1,759.07 Cr

Expense Ratio

1.0%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

36.99

-0.05%

NAV as on 14 Jul 24, 12:00 AM

very high risk

index funds

equity

NAV as on 14 Jul 24, 12:00 AM

very high risk

index funds

equity

56.16%p.a.

Last 1Y

26.80%p.a.

Last 3Y

0.00%p.a.

Last 5Y

30.60%p.a.

Since Inception

About Motilal Oswal Nifty Midcap 150 Index Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Motilal Oswal Nifty Midcap 150 Index Fund Growth scheme from Motilal Oswal Asset Management Co. Ltd. It is a Index Funds mutual fund scheme that predominantly invests in Index Funds stocks of companies. Launched on Sep 2019, Motilal Oswal Nifty Midcap 150 Index Fund Growth is Index Funds fund of its category with 1,759.07 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.

  • Motilal Oswal Nifty Midcap 150 Index Fund Growth delivered 56.2% annual returns during the last year. It has delivered 30.6% average annual returns since the fund was launched.
  • Motilal Oswal Nifty Midcap 150 Index Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

The Scheme seeks investment return that corresponds to the performance of Nifty Midcap 150 Index subject to tracking error. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Top 10 Holdings

Max Healthcare Institute Ltd Ordinary Shares

2.16%

Suzlon Energy Ltd

1.74%

Indian Hotels Co Ltd

1.69%

Cummins India Ltd

1.67%

Tube Investments of India Ltd Ordinary Shares

1.41%

CG Power & Industrial Solutions Ltd

1.40%

Dixon Technologies (India) Ltd

1.40%

Persistent Systems Ltd

1.38%

Yes Bank Ltd

1.34%

Bharat Forge Ltd

1.33%

Fund Managers

  1. Swapnil Mayekar (Sep 2019 - Present)

Key Information

View Scheme Document

Motilal Oswal Nifty Midcap 150 Index Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Motilal Oswal Nifty Midcap 150 Index Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Motilal Oswal Nifty Midcap 150 Index Fund Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Motilal Oswal Nifty Midcap 150 Index Fund Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions