Should I invest in Motilal Oswal Nifty Bank Index Fund?

We don't give personal investment advice. Motilal Oswal Nifty Bank Index Fund - Direct Plan is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 20.7%. 5-year CAGR: 11.35%.

Motilal Oswal

Motilal Oswal Nifty Bank Index Fund - Direct Plan

Latest NAV

₹21.7558

As of

17 Jul 2026

1,688 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+1.64%	+0.08%	+1.56	11 / 296	Q1
1W	+0.83%	-0.25%	+1.08	22 / 296	Q1
2W	+1.01%	+0.03%	+0.98	24 / 296	Q1
1M	+1.92%	+0.66%	+1.26	37 / 296	Q1
3M	+3.87%	+1.92%	+1.96	51 / 296	Q1
6M	-2.32%	+0.72%	-3.05	214 / 289	Q3
YTD	-1.70%	-0.18%	-1.52	192 / 287	Q3
1Y	+3.53%	+1.67%	+1.85	135 / 276	Q2
2Y	+6.25%	+2.29%	+3.96	72 / 196	Q2
3Y	+9.40%	+9.65%	-0.25	47 / 152	Q2
4Y	+14.08%	+12.31%	+1.76	24 / 81	Q2
5Y	+11.35%	+10.34%	+1.02	13 / 42	Q2
7Y	+11.51%	+12.36%	-0.85	17 / 28	Q3
10Y	—	—	—	—	—
Inception	+11.78%	+7.39%	+4.39	68 / 294	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-1.70%	-0.15%	-1.55	188 / 282
2025	+17.36%	+5.41%	+11.95	11 / 226
2024	+6.09%	+13.06%	-6.97	146 / 159
2023	+12.27%	+21.46%	-9.19	74 / 121
2022	+21.83%	+2.02%	+19.80	1 / 55
2021	+13.14%	+27.10%	-13.96	31 / 31
2020	-3.05%	+13.44%	-16.49	29 / 29
2019	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+16.70%

72 windows

min -19.1% · max 68.0%

89% positive

3-Year rolling

+15.13%

48 windows

min 7.3% · max 32.7%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+15.24%

23 windows

min 9.5% · max 26.4%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

15.24%

3-year · annualised

Sharpe ratio

0.24

vs risk-free 6.5%

Sortino ratio

0.39

Downside-only deviation

Max drawdown

-18.35%

Feb 2026 → Mar 2026

% positive months

61.1%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Index Fund

Scheme	Fund house	NAV	As of
HDFC NIFTY Realty Index Fund - Direct Plan	HDFC	₹10.2951	17 Jul 2026
Nippon India Nifty Auto Index Fund - Direct Plan- IDCW Option	Nippon India	₹11.6102	17 Jul 2026
SBI BSE PSU BANK INDEX FUND- Direct Plan- Income Distribution Cum Capital Withdrawal Option (IDCW)	SBI	₹13.4370	17 Jul 2026
ICICI Prudential Nifty Auto Index Fund - Direct Plan - IDCW	ICICI Prudential	₹21.8670	17 Jul 2026
Bandhan Nifty IT Index Fund - Direct Plan - IDCW	Bandhan	₹9.9540	17 Jul 2026
Aditya Birla Sun Life BSE India Infrastructure Index Fund-Direct IDCW Payout	Aditya Birla Sun Life	₹9.3857	17 Jul 2026
Kotak BSE Housing Index Fund - Direct Plan - IDCW Option	Kotak	₹13.4530	17 Jul 2026
DSP Nifty Healthcare Index Fund - Direct - IDCW	DSP	₹11.5819	17 Jul 2026
Axis Nifty Bank Index Fund - Direct Plan - IDCW Option	Axis	₹12.0906	17 Jul 2026
Groww Nifty Non-Cyclical Consumer Index Fund - Direct Plan - IDCW	Groww	₹10.4071	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹21.7558
16 Jul 2026	₹21.4048
15 Jul 2026	₹21.4700
14 Jul 2026	₹21.3608
13 Jul 2026	₹21.6087
10 Jul 2026	₹21.5775
9 Jul 2026	₹21.2823
8 Jul 2026	₹21.0937
7 Jul 2026	₹21.6339
6 Jul 2026	₹21.6677

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of Motilal Oswal Nifty Bank Index Fund - Direct Plan is ₹21.7558. It's a Index Fund from Motilal Oswal, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Motilal Oswal Nifty Bank Index Fund - Direct Plan has NAV history starting from 11 Sep 2019, a track record of about 6 years 10 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Motilal Oswal Nifty Bank Index Fund - Direct Plan is managed by Motilal Oswal. It's classified by AMFI under the 'Index Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Motilal Oswal Nifty Bank Index Fund - Direct Plan has delivered a absolute return of 3.53% — +1.85 pp ahead of the Index Fund category average of 1.67%. The fund ranks #135 of 276 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Motilal Oswal Nifty Bank Index Fund - Direct Plan has delivered a CAGR of 9.40% — -0.25 pp behind the Index Fund category average of 9.65%. The fund ranks #47 of 152 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Motilal Oswal Nifty Bank Index Fund - Direct Plan has delivered a CAGR of 11.35% — +1.02 pp ahead of the Index Fund category average of 10.34%. The fund ranks #13 of 42 in its category — the second (Q2) quartile.

₹1 lakh invested in Motilal Oswal Nifty Bank Index Fund - Direct Plan exactly 5 years ago would be worth approximately ₹171,198 today — a multiplier of 1.71×, based on the 5-year CAGR of 11.35%. The category average over the same window would have grown ₹1 lakh to ₹163,530.

A ₹10,000 monthly SIP in Motilal Oswal Nifty Bank Index Fund - Direct Plan over the last 5 years — total invested ₹600,000 — would be worth ₹786,422 today. That's an XIRR (money-weighted annualised return) of 10.76%.

Motilal Oswal Nifty Bank Index Fund - Direct Plan doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹786,422 — XIRR 10.76%.

On a 5-year basis, Motilal Oswal Nifty Bank Index Fund - Direct Plan ranks #13 out of 42 funds in the Index Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 10.34%; this fund delivered 11.35%.

The worst peak-to-trough decline Motilal Oswal Nifty Bank Index Fund - Direct Plan has experienced over the last 5-year window is 20.71% — its NAV fell from a high on 26 Oct 2021 to a low on 16 Jun 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Motilal Oswal Nifty Bank Index Fund - Direct Plan averaged 15.24% (best 26.42%, worst 9.46%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.33 — weak risk-adjusted performance.

In calendar year 2025, Motilal Oswal Nifty Bank Index Fund - Direct Plan returned 17.36% — beating the Index Fund category average of 5.41% by 11.95 pp. It ranked #11 of 226 in its category that year.

Motilal Oswal Nifty Bank Index Fund - Direct Plan doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. Motilal Oswal Nifty Bank Index Fund - Direct Plan is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 20.7%. 5-year CAGR: 11.35%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.