Equity
Direct
Index Funds
NAV as on 06-12-2024
₹ 15.68
▲0.2%
1D
Inception Returns
20.8%
/yr
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth is an equity fund. This fund was started on 29 July, 2022. The fund is managed by Swapnil Mayekar. The fund could potentially beat inflation in the long-run.
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth has given a CAGR return of 20.82% since inception. Over the last 1 year the fund has given a CAGR return of 18.55%.
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech. Its top holdings are Bajaj Finance Ltd, Jio Financial Services Ltd, Bajaj Finserv Ltd, Shriram Finance Ltd, Power Finance Corp Ltd
As it is a index funds mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of the securities as represented by S&P BSE Financials ex Bank 30 Total Return Index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth has no lock in period.
Expense ratio | 0.31% |
Benchmark | BSE Financials ex Bank 30 TR INR |
AUM | ₹19 Cr |
Inception Date | 29 July, 2022 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 94.1% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (31-Oct-24)
Top 2 Sectors in October were Financial Services, Tech
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.1% | 1.1% |
6 Month Returns | 13.11% | 13.11% |
1 Year Returns | 18.55% | 18.55% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth | 0.75 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth | 13.72 | - | - |