Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 07-10-2024
₹ 39.05
1D
Inception Returns
30.2%
/yr
About the Fund
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth is an equity fund. This fund was started on 6 September, 2019. The fund is managed by Swapnil Mayekar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth has ₹1866 Cr worth of assets under management (AUM) as on Aug 2024 and is more than category average.
- The fund has an expense ratio 0.3.
Returns
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth has given a CAGR return of 30.21% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 41.71%, 22.60% and 30.58% respectively.
Holdings
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Basic Materials, Health, Tech, Real Estate, Utilities, Communication, Energy, Consumer Defensive. Its top holdings are Suzlon Energy Ltd, Max Healthcare Institute Ltd Ordinary Shares, Indian Hotels Co Ltd, Persistent Systems Ltd, Lupin 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 Nifty Midcap 150 Index Fund Direct Growth
The Scheme seeks investment return that corresponds to the performance of Nifty Midcap 150 Index subject to tracking error. 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 Nifty Midcap 150 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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26409 people have invested ₹ 18.1Cr in Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
IND ranking is not available for this fund.
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Fund Overview
| Expense ratio | 0.3% |
Benchmark | IISL Nifty Midcap 150 TR INR |
| AUM | ₹1866 Cr |
| Inception Date | 6 September, 2019 |
| Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 30.1% |
| 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 (31-Aug-24)
Mid cap
90.8%
Small cap
5.2%
Large cap
3.8%
Sector Allocation
Industrial
21.5%
Financial Services
17.7%
Consumer Cyclical
12.2%
Basic Materials
11.6%
Health
11.2%
Tech
8.8%
Real Estate
4.4%
Utilities
4%
Communication
3.4%
Energy
3.2%
Consumer Defensive
2.1%
All changes are between Jun'24 and Aug'24
- This fund’s returns stands at 0.36% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at 0.90% as on Aug'24
- This fund underperformed Nifty Midcap 150 by 0.53% in Aug'24
- AUM of the fund stands at 1.9K Cr as of Aug'24
- AUM decreased by 12.2 Cr between Aug'24 and Jul'24
Top Stocks bought last month
PB Fintech Ltd's allocation increased from 1.29% to 1.57%
Oil India Ltd's allocation increased from 0.91% to 1.17%
Lupin Ltd's allocation increased from 1.36% to 1.59%
Top Stocks sold last month
Max Healthcare Institute Ltd Ordinary Shares's allocation decreased from 2.01 % to 1.87 %
Persistent Systems Ltd's allocation decreased from 1.64 % to 1.59 %
Cummins India Ltd's allocation decreased from 1.54 % to 1.5 %
Small Cap allocation has gone down from 5.2% to 5.2%
Mid Cap allocation has gone up from 90.3% to 90.8%
Large Cap allocation has gone down from 4.4% to 3.8%
Cash allocation has gone up from 0.1% to 0.2%
Top 3 Sectors in August were Industrial, Financial Services & Consumer Cyclical
Aug'24
Industrial
22%
Financial Services
18%
Consumer Cyclical
12%
Jul'24
Industrial
22%
Financial Services
18%
Consumer Cyclical
12%
See all
Top Growth Drivers | 1M Return |
|---|---|
 BSE Ltd | 44.9% |
 Max Healthcare Institute Ltd | 5% |
 Suzlon Energy Ltd | 0.4% |
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Swapnil Mayekar
Fund Manager of Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth, since 6 September 2019
Top funds managed
Fund House
Motilal Oswal Asset Management Company Limited - Portfolio Managers
Total Schemes
Total AUM
₹64.12K Cr
as on 31-Aug-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
Mutual Fund Insights
In the last 1 year, Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth has given 41.92% return, outperforming this fund by 0.2%.
This fund with AUM at ₹1866.01Cr is among the largest funds in the index funds category.
This fund has one of the lowest expense ratio in the category (index funds). Its expense ratio is 0.3% which is lower than the category average expense ratio of 0.62%.
In the last 3 years, Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth has given 22.61% return, outperforming this fund by 0.01% per annum.
In the last 5 years, this fund has outperformed all funds in its category.
Motilal Oswal Nifty Midcap 150 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 30.21% since inception which is more than its category average return of 19.36%
Fund Allocations
This fund has an allocation of 99.83% 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 more than its category average of ₹ 833 Cr
Expense Ratio 0.3%
This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.51%
Frequently Asked Questions
The current NAV of Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth is ₹39.05 as on 07-Oct-2024.
Existing (Absolute + CAGR) as on 07-Oct-2024.
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.9% | -1.9% |
6 Month Returns | 15.4% | 15.4% |
1 Year Returns | 41.71% | 41.71% |
3 Years Returns | 84.28% | 22.6% |
5 Years Returns | 279.62% | 30.58% |
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.
0.3% as on September 2024
₹1866 Cr as on September 2024
Suzlon Energy Ltd(2.37%), Max Healthcare Institute Ltd Ordinary Shares(1.87%), Indian Hotels Co Ltd(1.65%), Persistent Systems Ltd(1.59%), Lupin Ltd(1.59%) as on September 2024
Industrial(21.51%), Financial Services(17.64%), Consumer Cyclical(12.17%) as on September 2024
The alpha ratio for the Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth | -0.24 | -0.23 | 0.18 |
As on September 2024
The alpha for Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth is calculated against IISL Nifty Midcap 150 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 Nifty Midcap 150 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth | 1 | 1 | 0.98 |
As on September 2024
The Beta for Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth is calculated with IISL Nifty Midcap 150 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 Nifty Midcap 150 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 Nifty Midcap 150 Index Fund Direct Growth | 2.42 | 1.24 | 1.17 |
As on September 2024
The sharpe ratio for Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth is calculated with IISL Nifty Midcap 150 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 Nifty Midcap 150 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 Nifty Midcap 150 Index Fund Direct Growth | 13.96 | 14.96 | 21.03 |
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.
Sortino ratio is 2.52 as on September 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Swapnil Mayekar is the fund manager of Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth
The Exit load of Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth is 1%