Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth

Equity
Direct
Global - Other
Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth

About the Fund

Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth is an equity fund. This fund was started on 29 November, 2018. The fund is managed by Swapnil Mayekar. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has ₹4673 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given a CAGR return of 25.16% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 36.11%, 15.91% and 25.06% respectively.

Holdings

Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Communication, Consumer Cyclical, Consumer Defensive, Health, Industrial, Basic Materials, Utilities, Financial Services, Energy, Real Estate. Its top holdings are Motilal Oswal NASDAQ 100 ETF

Taxation

As it is a global - other 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 Nasdaq 100 Fund of Fund Direct Growth

The investment objective of the Scheme is to seek returns by investing in units of Motilal Oswal Nasdaq 100 ETF. 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. Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
16171 people have invested ₹ 6.9Cr in Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth in the last three months

INDmoney Rank

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Among most bought funds within the category
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Larger AUM within category
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Beats FD returns for both 3Y & 5Y duration
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No bad points found for this fund.

Fund Overview

Expense ratio0.24%
Benchmark
NASDAQ 100 TR USD
AUM₹4673 Cr
Inception Date29 November, 2018
Min Lumpsum/SIP--/₹500
Exit Load
1%
Lock InNo Lock-in
TurnOver
1.73%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-Dec-69)

  • Equity 99.2%

  • Debt & Cash 0.8%

Large cap
88.9%

Mid cap
9.8%

Sector Allocation

May'24

Apr'24

Mar'24

Tech
50%
Communication
15.6%
Consumer Cyclical
12.9%
Consumer Defensive
6.5%
Health
6.2%
Industrial
4.6%
Basic Materials
1.6%
Utilities
1.3%
Financial Services
0.5%
Energy
0.5%
Real Estate
0.3%

as on (31-May-24)

  • Equity

Swapnil Mayekar
Swapnil Mayekar
Fund Manager of Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth, since 26 July 2019

Mutual Fund Insights

Insights icon
This fund has one of the lowest expense ratio in the category (global - other). Its expense ratio is 0.24% which is lower than the category average expense ratio of 1.07%.
Insights icon
In the last 5 years, this fund has outperformed all funds in its category.
Insights icon
In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 50.1% return, outperforming this fund by 13.99%.
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In the last 3 years, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 22.56% return, outperforming this fund by 6.65% per annum.

Motilal Oswal Nasdaq 100 Fund of 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 25.16% since inception which is more than its category average return of 8.3%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.25% in Equity, 0% in Debt and 0.75% in Cash related instruments
AUM size ₹4673 Cr

AUM size ₹4673 Cr

This fund has AUM of ₹4673 Cr which is more than its category average of ₹ 504 Cr
Expense Ratio 0.24%

Expense Ratio 0.24%

This fund has an expense ratio of 0.24% which is less than its category average expense ratio of 1.43%

Frequently Asked Questions

The current NAV of Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth is ₹34.48 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
9.16%
9.16%
6 Month Returns
20.59%
20.59%
1 Year Returns
36.11%
36.11%
3 Years Returns
55.72%
15.91%
5 Years Returns
205.93%
25.06%
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0.24% as on May 2024
₹4673 Cr as on May 2024
Tech(49.58%), Communication(15.52%), Consumer Cyclical(12.79%) as on May 2024
The alpha ratio for the Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth
1.75
-1.07
-0.45
As on May 2024
The alpha for Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth is calculated against NASDAQ 100 TR USD. 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 Nasdaq 100 Fund of Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth
0.86
0.95
0.94
As on May 2024
The Beta for Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth is calculated with NASDAQ 100 TR USD. 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 Nasdaq 100 Fund of 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 Nasdaq 100 Fund of Fund Direct Growth
1.4
0.51
0.97
As on May 2024
The sharpe ratio for Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth is calculated with NASDAQ 100 TR USD. 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 Nasdaq 100 Fund of 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 Nasdaq 100 Fund of Fund Direct Growth
15.22
21.15
19.61
As on May 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 0.77 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Swapnil Mayekar is the fund manager of Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth
The Exit load of Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth is 1%