Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth

Equity
Direct
Index Funds
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth

About the Fund

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

  1. Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth has ₹14 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. 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 24.46% since inception. Over the last 1 year the fund has given a CAGR return of 32.06%.

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, Shriram Finance Ltd, Bajaj Finserv Ltd, Power Finance Corp 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 benefit
Dividends 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.

Fund Performance
zero opening, trading, fund transfer fee
185 people have invested ₹ 6.3L in Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.31%
Benchmark
BSE Financials ex Bank 30 TR INR
AUM₹14 Cr
Inception Date29 July, 2022
Min Lumpsum/SIP₹500/₹500
Exit Load
1%
Lock InNo Lock-in
TurnOver
115.03%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 99.1%

  • Debt & Cash 0.9%

Large cap
77%

Mid cap
21.7%

Small cap
0.5%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
99%
Tech
1%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Shriram Finance Ltd
Shriram Finance Ltd
2.7%

Swapnil Mayekar
Swapnil Mayekar
Fund Manager of Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth, since 29 July 2022

Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 24.46% since inception which is more than its category average return of 22.45%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.14% in Equity, 0% in Debt and 0.86% in Cash related instruments
AUM size ₹14 Cr

AUM size ₹14 Cr

This fund has AUM of ₹14 Cr which is less than its category average of ₹ 801 Cr
Expense Ratio 0.31%

Expense Ratio 0.31%

This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth is ₹15.4 as on 19-Jul-2024.
Existing (Absolute + CAGR) as on 19-Jul-2024.
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.3%
3.3%
6 Month Returns
11.64%
11.64%
1 Year Returns
32.06%
32.06%
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 June 2024
₹14 Cr as on June 2024
Bajaj Finance Ltd(14.36%), Jio Financial Services Ltd(9.6%), Shriram Finance Ltd(6.57%), Bajaj Finserv Ltd(6.17%), Power Finance Corp Ltd(5.72%) as on June 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 June 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 June 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
1.93
-
-
As on June 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
11.01
-
-
As on June 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%