Motilal Oswal ELSS Tax Saver Fund Direct Growth
Equity
Direct
Elss (Tax Savings)
NAV as on 05-09-2024
₹ 59.25
▲0.6%
1D
Inception Returns
20.4%
/yr
About the Fund
Motilal Oswal ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 21 January, 2015. The fund is managed by Aditya Khemani. The fund could potentially beat inflation in the long-run.
Key Parameters
- Motilal Oswal ELSS Tax Saver Fund Direct Growth has ₹3984 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Motilal Oswal ELSS Tax Saver Fund Direct Growth has given a CAGR return of 20.37% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 64.34%, 25.74% and 28.08% respectively.
Holdings
Motilal Oswal ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Financial Services, Real Estate, Health, Tech, Basic Materials, Communication. Its top holdings are Zomato Ltd, Trent Ltd, Prestige Estates Projects Ltd, Kalyan Jewellers India Ltd, Suzlon Energy Ltd
Taxation
As it is a elss (tax savings) 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 ELSS Tax Saver Fund Direct Growth
The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. 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. There is a lock in period for Motilal Oswal ELSS Tax Saver Fund Direct Growth of 3 Years
Historical NAV & Returns
Annualised
▲
▼
6345 people have invested ₹ 3.3Cr in Motilal Oswal ELSS Tax Saver Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
4
/23
71% Performance
50% Risk Management
74% Cost
4 out of 23 among elss (tax savings)
Generated Consistent Returns
Protects capital during bear phase
Outperformed benchmarks during bull run
Poor track record of Recovering losses quickly
Fund Overview
| Expense ratio | 0.65% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹3984 Cr |
| Inception Date | 21 January, 2015 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 73.88% |
| 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 |
Trailing Returns
as on (05-Sep-24)
Fund Distribution
as on (31-Jul-24)
Large cap
35.3%
Small cap
32.3%
Mid cap
31.6%
Sector Allocation
Industrial
35.7%
Consumer Cyclical
21.7%
Financial Services
20.7%
Real Estate
8.5%
Health
5.6%
Tech
2.8%
Basic Materials
2.7%
Communication
2.3%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 3.64% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 0.11% in Jul'24
- AUM of the fund stands at 3.8K Cr as of Jul'24
- AUM increased by 125.2 Cr between Jul'24 and Jun'24
Top Stocks bought last month
Suzlon Energy Ltd's allocation increased from 2.96% to 4.35%
Inox Wind Ltd's allocation increased from 2.7% to 3.8%
Zomato Ltd's allocation increased from 6.78% to 7.51%
Top Stocks sold last month
Prestige Estates Projects Ltd's allocation decreased from 5.38 % to 5 %
Bharat Electronics Ltd's allocation decreased from 3.26 % to 3.25 %
IndusInd Bank Ltd's allocation decreased from 3.44 % to 3.24 %
Cash allocation has gone down from 1.3% to 0.7%
Top 3 Sectors in July were Industrial, Financial Services & Consumer Cyclical
Jul'24
Industrial
36%
Consumer Cyclical
22%
Financial Services
21%
Jun'24
Industrial
31%
Financial Services
24%
Consumer Cyclical
20%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Trent Ltd | 33.5% |
 Inox Wind Ltd | 29.6% |
 Mankind Pharma Ltd | 21.3% |
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Aditya Khemani
Fund Manager of Motilal Oswal ELSS Tax Saver Fund Direct Growth, since 6 September 2019
Top funds managed
Fund House
Motilal Oswal Asset Management Company Limited - Portfolio Managers
Total Schemes
Total AUM
₹28.43K Cr
as on 31-Jul-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
Over the last 6 months, this fund has experienced a 26.8% growth in AUM moving from 3.02K Cr to 3.83K Cr.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 38.84% return, outperforming this fund by 10.75% per annum.
Over the last 15 months, this fund has decreased expense ratio by 17.7% moving from 0.79 to 0.65.
This fund has one of the lowest expense ratio in the category (elss (tax savings)). Its expense ratio is 0.65% which is lower than the category average expense ratio of 1.27%.
In the last 1 year, this fund has outperformed all funds in its category.
In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 27.88% return, outperforming this fund by 2.14% per annum.
Motilal Oswal ELSS Tax Saver 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 20.37% since inception which is more than its category average return of 16.91%
Fund Allocations
This fund has an allocation of 99.26% in Equity, 0% in Debt and 0.74% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 4101 Cr
Expense Ratio 0.65%
This fund has an expense ratio of 0.65% which is less than its category average expense ratio of 1.47%
Frequently Asked Questions
The current NAV of Motilal Oswal ELSS Tax Saver Fund Direct Growth is ₹59.25 as on 05-Sep-2024.
Existing (Absolute + CAGR) as on 05-Sep-2024.
Motilal Oswal ELSS Tax Saver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 9.81% | 9.81% |
6 Month Returns | 31.28% | 31.28% |
1 Year Returns | 64.34% | 64.34% |
3 Years Returns | 98.8% | 25.74% |
5 Years Returns | 244.72% | 28.08% |
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0.65% as on August 2024
₹3984 Cr as on August 2024
Zomato Ltd(7.51%), Trent Ltd(6.69%), Prestige Estates Projects Ltd(5%), Kalyan Jewellers India Ltd(4.98%), Suzlon Energy Ltd(4.35%) as on August 2024
Industrial(35.43%), Consumer Cyclical(21.53%), Financial Services(20.51%) as on August 2024
The alpha ratio for the Motilal Oswal ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Motilal Oswal ELSS Tax Saver Fund Direct Growth | 16.5 | 6.33 | 4.29 |
As on August 2024
The alpha for Motilal Oswal ELSS Tax Saver Fund Direct Growth is calculated against S&P BSE 200 India 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 ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Motilal Oswal ELSS Tax Saver Fund Direct Growth | 0.96 | 0.96 | 0.97 |
As on August 2024
The Beta for Motilal Oswal ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India 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 ELSS Tax Saver 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 ELSS Tax Saver Fund Direct Growth | 3.76 | 1.34 | 1.09 |
As on August 2024
The sharpe ratio for Motilal Oswal ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India 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 ELSS Tax Saver 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 ELSS Tax Saver Fund Direct Growth | 11.78 | 13.9 | 19.42 |
As on August 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 2.85 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.14 as on August 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Aditya Khemani is the fund manager of Motilal Oswal ELSS Tax Saver Fund Direct Growth
The Exit load of Motilal Oswal ELSS Tax Saver Fund Direct Growth is 0%