Motilal Oswal ELSS Tax Saver Fund Direct Growth
Equity
Direct
Elss (Tax Savings)
NAV as on 02-12-2024
₹ 61.88
▲1.6%
1D
Inception Returns
20.3%
/yr
About Motilal Oswal ELSS Tax Saver Fund Direct Growth
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 Niket Shah, Ajay Khandelwal. The fund could potentially beat inflation in the long-run.
Key Parameters
- Motilal Oswal ELSS Tax Saver Fund Direct Growth has ₹4074 Cr worth of assets under management (AUM) as on Oct 2024 and is more 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 20.29% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 55.22%, 28.20% and 25.64% respectively.
Holdings
Motilal Oswal ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Financial Services, Tech, Real Estate, Health, Basic Materials. Its top holdings are Trent Ltd, Zomato Ltd, Kalyan Jewellers India Ltd, Inox Wind Ltd, Gujarat Fluorochemicals Ltd Ordinary Shares
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
▲
▼
11520 people have invested ₹ 7.8Cr in Motilal Oswal ELSS Tax Saver Fund Direct Growth in the last three months
INDmoney Rank for Motilal Oswal ELSS Tax Saver Fund Direct Growth
Powered by IND quant engine
1
/23
83% Performance
58% Risk Management
76% Cost
1 out of 23 among elss (tax savings)
Generated Consistent Returns
Consistently beats benchmark
Lower probablity of downside risk
No bad points found for this fund.
Motilal Oswal ELSS Tax Saver Fund Direct Growth Overview
| Expense ratio | 0.65% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹4074 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 (02-Dec-24)
Fund Distribution
as on (31-Oct-24)
Mid cap
36%
Small cap
29.9%
Large cap
29.3%
Sector Allocation
Industrial
32.5%
Consumer Cyclical
25.4%
Financial Services
17.5%
Tech
7.5%
Real Estate
7%
Health
5.7%
Basic Materials
4.3%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -3.59% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 2.93% in Oct'24
- AUM of the fund stands at 4.1K Cr as of Oct'24
- AUM decreased by 120.9 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Amber Enterprises India Ltd Ordinary Shares's allocation increased from 2.69% to 3.49%
Multi Commodity Exchange of India Ltd's allocation increased from 3.17% to 3.76%
Angel One Ltd Ordinary Shares's allocation increased from 2.51% to 3.07%
Top Stocks sold last month
Trent Ltd's allocation decreased from 7.68 % to 7.44 %
Zomato Ltd's allocation decreased from 7.67 % to 6.35 %
Kalyan Jewellers India Ltd's allocation decreased from 5.74 % to 5.32 %
Mid Cap allocation has gone down from 37.1% to 36%
Large Cap allocation has gone down from 30.7% to 29.3%
Small Cap allocation has gone up from 28.6% to 29.9%
Cash allocation has gone down from 0.8% to 0.5%
Top 3 Sectors in October were Industrial, Consumer Cyclical & Financial Services
Oct'24
Industrial
33%
Consumer Cyclical
25%
Financial Services
18%
Sep'24
Industrial
33%
Consumer Cyclical
27%
Financial Services
17%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Premier Energies Ltd | 15.6% |
 Coforge Ltd | 15.5% |
 Zomato Ltd | 15.3% |
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Niket Shah
Fund Manager of Motilal Oswal ELSS Tax Saver Fund Direct Growth, since 17 October 2023
Top funds managed
Ajay Khandelwal
Fund Manager of Motilal Oswal ELSS Tax Saver Fund Direct Growth, since 11 December 2023
Top funds managed
Fund House
Motilal Oswal Asset Management Company Limited - Portfolio Managers
Total Schemes
Total AUM
₹75.41K Cr
as on 31-Oct-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, this fund has outperformed all funds in its category.
In the last 3 years, this fund has outperformed all funds in its category.
Over the last 6 months, this fund has experienced a 19.7% growth in AUM moving from 3.40K Cr to 4.07K Cr.
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 1.29%.
Over the last 1 year, this fund has decreased expense ratio by 8.5% moving from 0.71 to 0.65.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 33.04% return, outperforming this fund by 7.41% 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 20.29% since inception which is more than its category average return of 15.96%
Fund Allocations
This fund has an allocation of 99.47% in Equity, 0% in Debt and 0.53% in Cash related instruments
AUM size ₹4074 Cr
This fund has AUM of ₹4074 Cr which is more than its category average of ₹ 3983 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 for Motilal Oswal ELSS Tax Saver Fund Direct Growth
The current NAV of Motilal Oswal ELSS Tax Saver Fund Direct Growth is ₹61.88 as on 02-Dec-2024.
Existing (Absolute + CAGR) as on 02-Dec-2024.
Motilal Oswal ELSS Tax Saver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.54% | 3.54% |
6 Month Returns | 22.76% | 22.76% |
1 Year Returns | 55.22% | 55.22% |
3 Years Returns | 110.71% | 28.2% |
5 Years Returns | 213.06% | 25.64% |
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0.65% as on November 2024
₹4074 Cr as on November 2024
Trent Ltd(7.44%), Zomato Ltd(6.35%), Kalyan Jewellers India Ltd(5.32%), Inox Wind Ltd(4.37%), Gujarat Fluorochemicals Ltd Ordinary Shares(4.32%) as on November 2024
Industrial(32.36%), Consumer Cyclical(25.26%), Financial Services(17.45%) as on November 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 | 22.98 | 9.81 | 5.48 |
As on November 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 | 0.78 | 0.95 | 0.96 |
As on November 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 | 3.48 | 1.42 | 1 |
As on November 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 | 10.74 | 14.09 | 19.48 |
As on November 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 2.94 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.91 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Niket Shah, Ajay Khandelwal are the fund managers of Motilal Oswal ELSS Tax Saver Fund Direct Growth
The Exit load of Motilal Oswal ELSS Tax Saver Fund Direct Growth is 0%