Motilal Oswal ELSS Tax Saver Fund Direct Growth
Equity
Direct
Elss (Tax Savings)
About the Fund
Motilal Oswal ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 21 January, 2015. The fund is managed by Aditya Khemani. The fund could potentially beat inflation in the long-run.
Key Parameters
- Motilal Oswal ELSS Tax Saver Fund Direct Growth has ₹3710 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Motilal Oswal ELSS Tax Saver Fund Direct Growth has given a CAGR return of 19.61% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 57.32%, 25.33% and 25.99% respectively.
Holdings
Motilal Oswal ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Real Estate, Health, Basic Materials, Tech, Communication. Its top holdings are Zomato Ltd, Trent Ltd, Prestige Estates Projects Ltd, Jio Financial Services Ltd, Kalyan Jewellers India Ltd
Taxation
As it is a elss (tax savings) 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 ELSS Tax Saver Fund Direct Growth
The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Motilal Oswal ELSS Tax Saver Fund Direct Growth of 3 Years
Fund Performance
5368 people have invested ₹ 2.6Cr in Motilal Oswal ELSS Tax Saver Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
3
/23
74% Performance
47% Risk Management
75% Cost
3 out of 23 among elss (tax savings)
Generated Consistent Returns
Consistently beats benchmark
Lower probablity of downside risk
Highly volatile within category
Poor track record of Recovering losses quickly
Fund Overview
| Expense ratio | 0.66% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹3710 Cr |
| Inception Date | 21 January, 2015 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 73.88% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Large cap
40.3%
Small cap
31.3%
Mid cap
27.1%
Sector Allocation
Industrial
31.3%
Financial Services
23.6%
Consumer Cyclical
20.2%
Real Estate
8.7%
Health
8.5%
Basic Materials
2.7%
Tech
2.6%
Communication
2.3%
All changes are between Apr'24 and Jun'24
as on (30-Jun-24)
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Kalyan Jewellers India Ltd | 23.9% |
 Zomato Ltd | 9.6% |
Aditya Khemani
Fund Manager of Motilal Oswal ELSS Tax Saver Fund Direct Growth, since 6 September 2019
Top funds managed
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 27.0% growth in AUM moving from 2.92K Cr to 3.71K Cr.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 36.98% return, outperforming this fund by 10.99% per annum.
This fund has one of the lowest expense ratio in the category (elss (tax savings)). Its expense ratio is 0.66% which is lower than the category average expense ratio of 1.27%.
In the last 1 year, this fund has outperformed all funds in its category.
In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 28.48% return, outperforming this fund by 3.15% per annum.
Over the last 1 month, this fund has increased expense ratio by 1.5% moving from 0.65 to 0.66.
Motilal Oswal ELSS Tax Saver 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 19.61% since inception which is more than its category average return of 16.63%
Fund Allocations
This fund has an allocation of 98.72% in Equity, 0% in Debt and 1.28% in Cash related instruments
AUM size ₹3710 Cr
This fund has AUM of ₹3710 Cr which is less than its category average of ₹ 3925 Cr
Expense Ratio 0.66%
This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 1.47%
Frequently Asked Questions
The current NAV of Motilal Oswal ELSS Tax Saver Fund Direct Growth is ₹54.78 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
Motilal Oswal ELSS Tax Saver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.73% | 0.73% |
6 Month Returns | 27.56% | 27.56% |
1 Year Returns | 57.32% | 57.32% |
3 Years Returns | 96.86% | 25.33% |
5 Years Returns | 217.5% | 25.99% |
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0.66% as on June 2024
₹3710 Cr as on June 2024
Zomato Ltd(6.78%), Trent Ltd(6.49%), Prestige Estates Projects Ltd(5.38%), Jio Financial Services Ltd(4.88%), Kalyan Jewellers India Ltd(4.45%) as on June 2024
Industrial(30.93%), Financial Services(23.32%), Consumer Cyclical(19.99%) as on June 2024
The alpha ratio for the Motilal Oswal ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Motilal Oswal ELSS Tax Saver Fund Direct Growth | 16.05 | 6.59 | 4.34 |
As on June 2024
The alpha for Motilal Oswal ELSS Tax Saver Fund Direct Growth is calculated against S&P BSE 200 India 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 ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Motilal Oswal ELSS Tax Saver Fund Direct Growth | 0.95 | 0.96 | 0.98 |
As on June 2024
The Beta for Motilal Oswal ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India 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 ELSS Tax Saver 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 ELSS Tax Saver Fund Direct Growth | 3.44 | 1.4 | 0.96 |
As on June 2024
The sharpe ratio for Motilal Oswal ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India 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 ELSS Tax Saver 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 ELSS Tax Saver Fund Direct Growth | 12.05 | 14.12 | 19.74 |
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.
Sortino ratio is 3.05 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.17 as on June 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Aditya Khemani is the fund manager of Motilal Oswal ELSS Tax Saver Fund Direct Growth
The Exit load of Motilal Oswal ELSS Tax Saver Fund Direct Growth is 0%