Equity
Direct
Index Funds
NAV as on 05-09-2024
₹ 26.84
1D
Inception Returns
62%
/yr
Motilal Oswal BSE Enhanced Value Index Fund Direct Growth is an equity fund. This fund was started on 22 August, 2022. The fund is managed by Swapnil Mayekar. The fund could potentially beat inflation in the long-run.
Motilal Oswal BSE Enhanced Value Index Fund Direct Growth has given a CAGR return of 62.04% since inception. Over the last 1 year the fund has given a CAGR return of 77.08%.
Motilal Oswal BSE Enhanced Value Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Basic Materials, Financial Services, Energy, Utilities, Consumer Cyclical. Its top holdings are Hindalco Industries Ltd, Grasim Industries Ltd, Oil & Natural Gas Corp Ltd, State Bank of India, Indian Oil Corp Ltd
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.
The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of the securities as represented by S&P BSE Enhanced Value Total Return Index, subject to tracking error.
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Motilal Oswal BSE Enhanced Value Index Fund Direct Growth has no lock in period.
Expense ratio | 0.45% |
Benchmark | BSE Enhanced Value TR INR |
AUM | ₹795 Cr |
Inception Date | 22 August, 2022 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 99.34% |
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 |
as on (31-Jul-24)
Top 3 Sectors in July were Basic Materials, Financial Services & Energy
Motilal Oswal BSE Enhanced Value Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.08% | 1.08% |
6 Month Returns | 15.03% | 15.03% |
1 Year Returns | 77.08% | 77.08% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Motilal Oswal BSE Enhanced Value Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Motilal Oswal BSE Enhanced Value Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Motilal Oswal BSE Enhanced Value Index Fund Direct Growth | 3.14 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Motilal Oswal BSE Enhanced Value Index Fund Direct Growth | 18.96 | - | - |