Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 13-02-2025
₹ 14.78
▲0.7%
1D
Inception Returns
15.8%
/yr
About Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth
Motilal Oswal 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 BSE Financials ex Bank 30 Index Fund Direct Growth has ₹18 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth has given a CAGR return of 15.84% since inception. Over the last 1 year the fund has given a CAGR return of 8.78%.
Holdings
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth has allocated its funds majorly in Financial Services, Tech. Its top holdings are Bajaj Finance Ltd, Bajaj Finserv Ltd, Jio Financial Services Ltd, Shriram Finance Ltd, HDFC Life Insurance Co 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 BSE Financials ex Bank 30 Index Fund Direct Growth
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 Financials ex Bank 30 Total Return Index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will 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 BSE Financials ex Bank 30 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Absolute
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220 people have invested ₹ 5L in Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth in the last three months
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth Overview
| Expense ratio | 0.31% |
Benchmark | BSE Financials ex Bank 30 TR INR |
| AUM | ₹18 Cr |
| Inception Date | 29 July, 2022 |
| Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 94.1% |
| STCG | Selling mutual fund 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 (30-Nov-24)
Large cap
68.9%
Mid cap
31.1%
Sector Allocation
Financial Services
97.5%
Tech
2.5%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at -1.76% whereas the fund’s underlying benchmark Nifty 50 returns stands at -0.71% as on Nov'24
- This fund underperformed Nifty 50 by 1.05% in Nov'24
- AUM of the fund stands at 18.8 Cr as of Dec'24
- AUM increased by 0.2 Cr between Dec'24 and Nov'24
Top Stocks bought last month
Bajaj Finserv Ltd's allocation increased from 5.26% to 6.83%
PB Fintech Ltd's allocation increased from 4.32% to 4.9%
Power Finance Corp Ltd's allocation increased from 5.17% to 5.73%
Top Stocks sold last month
Bajaj Finance Ltd's allocation decreased from 13.42 % to 13.02 %
Shriram Finance Ltd's allocation decreased from 6.83 % to 6.69 %
SBI Life Insurance Co Ltd's allocation decreased from 5.73 % to 5.16 %
Mid Cap allocation has gone up from 31.1% to 32.7%
Large Cap allocation has gone down from 67.8% to 67%
Small Cap allocation has gone down from 0.6% to 0%
Cash allocation has gone down from 0.5% to 0.3%
Top 2 Sectors in December were Financial Services, Tech
Dec'24
Financial Services
97%
Tech
3%
Nov'24
Financial Services
98%
Tech
2%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Bajaj Finance Ltd | 14.6% |
 Cholamandalam Investment & Finance Company Ltd | 7.2% |
 Bajaj Finserv Ltd | 4.2% |
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Swapnil Mayekar
Fund Manager of Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth, since 29 July 2022
Top funds managed
Fund House
Motilal Oswal Asset Management Company Limited - Portfolio Managers
Total Schemes
Total AUM
₹76.72K Cr
as on 29-Nov-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
Motilal Oswal 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 15.84% since inception which is more than its category average return of 8.08%
Fund Allocations
This fund has an allocation of 100.01% in Equity, 0% in Debt and -0.01% in Cash related instruments
AUM size ₹18 Cr
This fund has AUM of ₹18 Cr which is less than its category average of ₹ 791 Cr
Expense Ratio 0.31%
This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 0.53%
Frequently Asked Questions for Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth
The current NAV of Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth is ₹14.78 as on 13-Feb-2025.
Existing (Absolute + CAGR) as on 13-Feb-2025.
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.97% | -0.97% |
6 Month Returns | -4.72% | -4.72% |
1 Year Returns | 8.78% | 8.78% |
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 January 2025
₹18 Cr as on January 2025
Bajaj Finance Ltd(17.4%), Bajaj Finserv Ltd(7.47%), Jio Financial Services Ltd(6.33%), Shriram Finance Ltd(5.99%), HDFC Life Insurance Co Ltd(5.44%) as on January 2025
The alpha ratio for the Motilal Oswal 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 BSE Financials ex Bank 30 Index Fund Direct Growth | - | - | - |
As on January 2025
The alpha for Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth is calculated against 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 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 BSE Financials ex Bank 30 Index Fund Direct Growth | - | - | - |
As on January 2025
The Beta for Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth is calculated with 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 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 BSE Financials ex Bank 30 Index Fund Direct Growth | 0.07 | - | - |
As on January 2025
The sharpe ratio for Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth is calculated with 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 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 BSE Financials ex Bank 30 Index Fund Direct Growth | 13.35 | - | - |
As on January 2025
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 BSE Financials ex Bank 30 Index Fund Direct Growth
The Exit load of Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth is 1%