Motilal Oswal S&P BSE Financials ex Bank 30 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV: ₹ 14.47 as on 02-05-2024
About the Fund
Motilal Oswal S&P 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
- Motilal Oswal S&P BSE Financials ex Bank 30 Index Fund Direct Growth has ₹11 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Fund Performance
158 people have invested ₹ 3.7L in Motilal Oswal S&P BSE Financials ex Bank 30 Index Fund Direct Growth in the last three months
Overview
 | 0.31% |
 Benchmark | S&P BSE Financials ex Bank 30 TR INR |
 | ₹11 Cr |
 | 29 July, 2022 |
 | ₹500/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 115.03% |
Motilal Oswal S&P BSE Financials ex Bank 30 Index Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
54.4%
Mid cap
43.8%
Small cap
1.3%
Sector Allocation
Financial Services
98.9%
Tech
1.1%
Top Holdings of Motilal Oswal S&P BSE Financials ex Bank 30 Index Fund Direct Growth as on (30-Apr-24)
Equity Holdings30
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Aditya Birla Capital Ltd | 15.1% |
 REC Ltd | 9.4% |
Power Finance Corporation Ltd | 8.3% |
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.03% whereas the fund’s underlying benchmark Nifty 50 returns stands at -0.05% as on Mar'24
- This fund outperformed Nifty 50 by 1.08% in Mar'24
AUM Change
- AUM of the fund stands at 11.2 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Fund Manager
Swapnil Mayekar
Fund Manager of Motilal Oswal S&P BSE Financials ex Bank 30 Index Fund Direct Growth, since 29 July 2022
Top funds managed
Motilal Oswal S&P BSE Financials ex Bank 30 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 22.33% since inception which is more than its category average return of 19.44%
Fund Allocations
This fund has an allocation of 99.6% in Equity, 0% in Debt and 0.4% in Cash related instruments
AUM size ₹11 Cr
This fund has AUM of ₹11 Cr which is less than its category average of ₹ 681 Cr
Expense Ratio 0.31%
This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 0.51%
Frequently Asked Questions
The current NAV of Motilal Oswal S&P BSE Financials ex Bank 30 Index Fund Direct Growth is ₹14.47 as on 02-May-2024.
Existing (Absolute + CAGR) as on 02-May-2024.
Motilal Oswal S&P BSE Financials ex Bank 30 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.59% | 2.59% |
6 Month Returns | 18.59% | 18.59% |
1 Year Returns | 44.71% | 44.71% |
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 April 2024
₹11 Cr as on April 2024
Bajaj Finance Ltd(13.92%), Bajaj Finserv Ltd(8.85%), HDFC Life Insurance Company Limited(6.75%), SBI Life Insurance Company Limited(6.7%), Shriram Finance Ltd(6.51%) as on April 2024
The alpha ratio for the Motilal Oswal S&P 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 S&P BSE Financials ex Bank 30 Index Fund Direct Growth | - | - | - |
As on April 2024
The alpha for Motilal Oswal S&P BSE Financials ex Bank 30 Index Fund Direct Growth is calculated against S&P 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 S&P 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 S&P BSE Financials ex Bank 30 Index Fund Direct Growth | - | - | - |
As on April 2024
The Beta for Motilal Oswal S&P BSE Financials ex Bank 30 Index Fund Direct Growth is calculated with S&P 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 S&P 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 S&P BSE Financials ex Bank 30 Index Fund Direct Growth | - | - | - |
As on April 2024
The sharpe ratio for Motilal Oswal S&P BSE Financials ex Bank 30 Index Fund Direct Growth is calculated with S&P 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 S&P 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 S&P BSE Financials ex Bank 30 Index Fund Direct Growth | 11.58 | - | - |
As on April 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 S&P BSE Financials ex Bank 30 Index Fund Direct Growth
The Exit load of Motilal Oswal S&P BSE Financials ex Bank 30 Index Fund Direct Growth is 1%