Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 49.15 as on 23-04-2024
Fund Performance
4007 people have invested ₹ 2.2Cr in Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth in the last three months
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (elss (tax savings)). Its expense ratio is 0.67% which is lower than the category average expense ratio of 1.29%.
In the last 1 year, Quant ELSS Tax Saver Growth Option Direct Plan has given 63.72% return, outperforming this fund by 1.14%.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 33.95% return, outperforming this fund by 11.44% per annum.
In the last 3 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 32.74% return, outperforming this fund by 4.81% per annum.
Over the last 6 months, this fund has experienced a 24.4% growth in AUM moving from 2.57K Cr to 3.20K Cr.
Over the last 1 year, this fund has decreased expense ratio by 14.1% moving from 0.78 to 0.67.
INDmoney Rank of Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth
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4
/23
69% Performance
48% Risk Management
77% Cost
4 out of 23 among elss (tax savings)
Pros
Generated Consistent Returns
Protects capital during bear phase
Outperformed benchmarks during bull run
Cons
Highly volatile within category
About the Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth
Motilal Oswal ELSS Tax Saver Fund Direct Plan 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 Plan Growth has ₹3205 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth Overview
 | 0.67% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹3205 Cr |
 | 21 January, 2015 |
 | ₹500/₹500 |
 | 0% |
 | 3 Years |
 TurnOver | 73.88% |
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
42.5%
Small cap
36.5%
Mid cap
19%
Sector Allocation
Industrial
25.5%
Financial Services
25.4%
Consumer Cyclical
19.6%
Health
12.2%
Real Estate
7.3%
Basic Materials
4.5%
Tech
2.9%
Utilities
2.7%
Top Holdings of Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth as on (31-Mar-24)
Equity Holdings29
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Zomato Ltd | 7.39% | 0% | |
 Jio Financial Services Ltd | 6.32% | -15.8% | |
 Trent Ltd | 5.85% | 0% | |
 Global Health Ltd | 5.09% | 0% | |
 IndusInd Bank Ltd | 4.85% | 0% |
See all
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 2.51% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 2.97% in Mar'24
AUM Change
- AUM of the fund stands at 3.2K Cr as of Mar'24
- AUM increased by 85.4 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Zomato Ltd | 29.2% |
 Jio Financial Services Ltd | 13.4% |
 CG Power & Industrial Solutions Ltd | 7.1% |
Peer Analysis
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth Fund Manager
Aditya Khemani
Fund Manager of Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth, since 6 September 2019
Top funds managed
Motilal Oswal ELSS Tax Saver Fund Direct Plan 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 18.78% since inception which is more than its category average return of 15.65%
Fund Allocations
This fund has an allocation of 98.03% in Equity, 0% in Debt and 1.97% in Cash related instruments
AUM size ₹3205 Cr
This fund has AUM of ₹3205 Cr which is less than its category average of ₹ 3525 Cr
Expense Ratio 0.67%
This fund has an expense ratio of 0.67% which is less than its category average expense ratio of 1.48%
Frequently Asked Questions
The current NAV of Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth is ₹49.15 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 9.62% | 9.62% |
6 Month Returns | 36.98% | 36.98% |
1 Year Returns | 62.57% | 62.57% |
3 Years Returns | 109.35% | 27.93% |
5 Years Returns | 175.97% | 22.51% |
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0.67% as on March 2024
₹3205 Cr as on March 2024
Zomato Ltd(7.39%), Jio Financial Services Ltd(6.32%), Trent Ltd(5.85%), Global Health Ltd(5.09%), IndusInd Bank Ltd(4.85%) as on March 2024
Industrial(25.01%), Financial Services(24.89%), Consumer Cyclical(19.2%) as on March 2024
The alpha ratio for the Motilal Oswal ELSS Tax Saver Fund Direct Plan 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 Plan Growth | 14.75 | 5.42 | 3.57 |
As on March 2024
The alpha for Motilal Oswal ELSS Tax Saver Fund Direct Plan 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 Plan 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 Plan Growth | 0.86 | 0.93 | 0.97 |
As on March 2024
The Beta for Motilal Oswal ELSS Tax Saver Fund Direct Plan 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 Plan 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 Plan Growth | 3.63 | 1.31 | 0.82 |
As on March 2024
The sharpe ratio for Motilal Oswal ELSS Tax Saver Fund Direct Plan 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 Plan 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 Plan Growth | 10.76 | 13.68 | 19.45 |
As on March 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 2.75 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.86 as on March 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 Plan Growth
The Exit load of Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth is 0%