Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 22-10-2024
₹ 15.33
1D
Inception Returns
22.5%
/yr
About Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth
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.
Key Parameters
- Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth has ₹20 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth has given a CAGR return of 22.48% since inception. Over the last 1 year the fund has given a CAGR return of 27.31%.
Holdings
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, SBI Life Insurance Co Ltd
Taxation
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.
Investment objective of Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth
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 and lockin period
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.
Historical NAV & Returns
Annualised
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299 people have invested ₹ 12.9L in Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth in the last three months
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth Overview
| Expense ratio | 0.31% |
Benchmark | BSE Financials ex Bank 30 TR INR |
| AUM | ₹20 Cr |
| Inception Date | 29 July, 2022 |
| Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 94.1% |
| STCG | Redeeming 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 |
Fund Distribution
as on (30-Sep-24)
Large cap
70.4%
Mid cap
29.3%
Small cap
0.5%
Sector Allocation
Financial Services
98.4%
Tech
1.6%
All changes are between Jul'24 and Sep'24
- This fund’s returns stands at 2.33% whereas the fund’s underlying benchmark Nifty 50 returns stands at 2.11% as on Sep'24
- This fund outperformed Nifty 50 by 0.23% in Sep'24
- AUM of the fund stands at 17.4 Cr as of Sep'24
- AUM has remained same between Sep'24 and Aug'24
Top Stocks bought last month
Bajaj Finserv Ltd's allocation increased from 5.26% to 7.79%
Shriram Finance Ltd's allocation increased from 6.67% to 7.24%
Bajaj Holdings and Investment Ltd's allocation increased from 2.76% to 3.31%
Top Stocks sold last month
Power Finance Corp Ltd's allocation decreased from 5.98 % to 5.16 %
REC Ltd's allocation decreased from 5.75 % to 4.99 %
PB Fintech Ltd's allocation decreased from 4.3 % to 3.82 %
Mid Cap allocation has gone up from 21.9% to 29.3%
Large Cap allocation has gone down from 77.2% to 70.4%
Small Cap allocation has gone up from 0.5% to 0.5%
Cash allocation has gone down from 0.4% to -0.2%
Top 2 Sectors in September were Financial Services, Tech
Sep'24
Financial Services
98%
Tech
2%
Aug'24
Financial Services
99%
Tech
1%
See all
Top Losers | 1M Return |
|---|---|
PB Fintech Ltd | -12.3% |
 Power Finance Corporation Ltd | -3.8% |
 REC Ltd | 0.7% |
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Swapnil Mayekar
Fund Manager of Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth, since 29 July 2022
Top funds managed
Fund House
Motilal Oswal Asset Management Company Limited - Portfolio Managers
Total Schemes
Total AUM
₹68.96K Cr
as on 30-Sep-2024
Address
Motilal Oswal Asset Management Company Limited,Motilal Oswal Tower,,Plot#1043 TPS-IV,Gokhale Road South (behind Parel ST. Depot),,Prabhadevi,
Phone
+912239804263
Website
mfservice@motilaloswal.com
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 22.48% since inception which is more than its category average return of 19.1%
Fund Allocations
This fund has an allocation of 100.17% in Equity, 0% in Debt and -0.17% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 854 Cr
Expense Ratio 0.31%
This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 0.51%
Frequently Asked Questions for Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth
The current NAV of Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth is ₹15.33 as on 22-Oct-2024.
Existing (Absolute + CAGR) as on 22-Oct-2024.
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.21% | -6.21% |
6 Month Returns | 13.75% | 13.75% |
1 Year Returns | 27.31% | 27.31% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.31% as on September 2024
₹20 Cr as on September 2024
Bajaj Finance Ltd(13.93%), Jio Financial Services Ltd(8.43%), Bajaj Finserv Ltd(7.79%), Shriram Finance Ltd(7.24%), SBI Life Insurance Co Ltd(6.04%) as on September 2024
The alpha ratio for the Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth | - | - | - |
As on September 2024
The alpha for Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth is calculated against BSE Financials ex Bank 30 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth | - | - | - |
As on September 2024
The Beta for Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth is calculated with BSE Financials ex Bank 30 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth for various period is as follows:
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 | 2.34 | - | - |
As on September 2024
The sharpe ratio for Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth is calculated with BSE Financials ex Bank 30 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth for various period is as follows:
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 | 10.87 | - | - |
As on September 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Swapnil Mayekar is the fund manager of Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth
The Exit load of Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth is 1%