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

INVEST VIA NRE/NRO

Motilal Oswal Ultra Short Term Fund Growth for NRI [15.60]

Min Investment

500

Fund Size

215.25 Cr

Expense Ratio

1.1%

Exit Load

0%

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

15.60

0.02%

NAV as on 14 Jul 24, 12:00 AM

low to moderate risk

ultra short duration

debt

NAV as on 14 Jul 24, 12:00 AM

low to moderate risk

ultra short duration

debt

6.03%p.a.

Last 1Y

4.60%p.a.

Last 3Y

4.41%p.a.

Last 5Y

4.17%p.a.

Since Inception

About Motilal Oswal Ultra Short Term Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Motilal Oswal Ultra Short Term Fund Growth scheme from Motilal Oswal Asset Management Co. Ltd. It is a Ultra Short Duration mutual fund scheme that predominantly invests in Ultra Short Duration stocks of companies. Launched on Sep 2013, Motilal Oswal Ultra Short Term Fund Growth is Ultra Short Duration fund of its category with 215.25 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Ultra Short Duration funds.

  • Motilal Oswal Ultra Short Term Fund Growth delivered 6.0% annual returns during the last year. It has delivered 4.2% average annual returns since the fund was launched.
  • Motilal Oswal Ultra Short Term Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund Objective

The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Top 7 Holdings

364 DTB 08052025

26.32%

182 DTB 22082024

11.50%

India (Republic of)

11.43%

182 DTB 07112024

11.34%

India (Republic of)

4.54%

182 DTB 04072024

2.32%

ICICI Bank Ltd.

2.23%

Fund Managers

  1. Rakesh Shetty (Nov 2022 - Present)

Key Information

View Scheme Document

Motilal Oswal Ultra Short Term 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 Ultra Short Term 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 Ultra Short Term 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 Ultra Short Term 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