Motilal Oswal ELSS Tax Saver Fund Direct Growth
Equity
Direct
Elss (Tax Savings)
NAV as on 04-02-2025
₹ 54.59
1D
Inception Returns
18.3%
/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 Ajay Khandelwal. The fund could potentially beat inflation in the long-run.
Key Parameters
- Motilal Oswal ELSS Tax Saver Fund Direct Growth has ₹4415 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
Motilal Oswal ELSS Tax Saver Fund Direct Growth has given a CAGR return of 18.30% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 22.47%, 21.73% and 21.53% 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, Basic Materials, Health. Its top holdings are Trent Ltd, Zomato Ltd, Kalyan Jewellers India Ltd, Kaynes Technology India Ltd, Prestige Estates Projects 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
Absolute
▲
▼
16852 people have invested ₹ 13.8Cr 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
87% Performance
63% Risk Management
86% 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 | 0.64% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹4415 Cr |
| Inception Date | 21 January, 2015 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 73.88% |
| 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 |
Trailing Returns
as on (04-Feb-25)
Fund Distribution
as on (30-Nov-24)
Mid cap
32.2%
Small cap
30.6%
Large cap
27.4%
Sector Allocation
Industrial
32.4%
Consumer Cyclical
24.9%
Financial Services
16.6%
Tech
10.3%
Real Estate
6.8%
Basic Materials
6.1%
Health
3%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 1.87% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 2.47% in Nov'24
- AUM of the fund stands at 4.4K Cr as of Dec'24
- AUM increased by 228 Cr between Dec'24 and Nov'24
Top Stocks bought last month
Waaree Energies Ltd's allocation increased from 1.16% to 2.13%
Premier Energies Ltd's allocation increased from 3.18% to 3.7%
Coforge Ltd's allocation increased from 3.15% to 3.49%
Top Stocks sold last month
Trent Ltd's allocation decreased from 7.44 % to 6.9 %
Prestige Estates Projects Ltd's allocation decreased from 4.24 % to 4.16 %
Gujarat Fluorochemicals Ltd Ordinary Shares's allocation decreased from 4.32 % to 3.86 %
Small Cap allocation has gone up from 28.9% to 30.6%
Mid Cap allocation has gone down from 35.2% to 32.2%
Large Cap allocation has gone down from 28.7% to 27.4%
Cash allocation has gone down from 1.2% to 1.1%
Top 3 Sectors in December were Industrial, Consumer Cyclical & Financial Services
Dec'24
Industrial
32%
Consumer Cyclical
25%
Financial Services
17%
Nov'24
Industrial
32%
Consumer Cyclical
25%
Financial Services
17%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Phoenix Mills Ltd | 12.1% |
 Bharat Dynamics Ltd | 9.6% |
 PTC Industries Ltd | 2.4% |
Loading...
We are taking more time than usual
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
₹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
Mutual Fund Insights
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 31.25% return, outperforming this fund by 9.73% per annum.
Over the last 6 months, this fund has experienced a 19.0% growth in AUM moving from 3.71K Cr to 4.41K Cr.
In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 22.78% return, outperforming this fund by 1.05% per annum.
Over the last 6 months, this fund has decreased expense ratio by 5.9% moving from 0.68 to 0.64.
This fund has one of the lowest expense ratio in the category (elss (tax savings)). Its expense ratio is 0.64% which is lower than the category average expense ratio of 1.28%.
In the last 1 year, this fund has outperformed all funds in its category.
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 18.3% since inception which is more than its category average return of 15.25%
Fund Allocations
This fund has an allocation of 98.95% in Equity, 0% in Debt and 1.05% in Cash related instruments
AUM size ₹4415 Cr
This fund has AUM of ₹4415 Cr which is less than its category average of ₹ 4901 Cr
Expense Ratio 0.64%
This fund has an expense ratio of 0.64% which is less than its category average expense ratio of 1.34%
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 ₹54.59 as on 04-Feb-2025.
Existing (Absolute + CAGR) as on 04-Feb-2025.
Motilal Oswal ELSS Tax Saver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -15.45% | -15.45% |
6 Month Returns | -3.78% | -3.78% |
1 Year Returns | 22.47% | 22.47% |
3 Years Returns | 80.38% | 21.73% |
5 Years Returns | 165.06% | 21.53% |
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.
0.64% as on January 2025
₹4415 Cr as on January 2025
Trent Ltd(6.86%), Zomato Ltd(6.25%), Kalyan Jewellers India Ltd(5.44%), Kaynes Technology India Ltd(5%), Prestige Estates Projects Ltd(4.05%) as on January 2025
Industrial(32.1%), Consumer Cyclical(24.6%), Financial Services(16.39%) as on January 2025
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 | 11.94 | 7.24 | 3.18 |
As on January 2025
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 | 1.25 | 1.03 | 0.99 |
As on January 2025
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 | 0.8 | 0.92 | 0.79 |
As on January 2025
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 | 20.53 | 17.03 | 20.84 |
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.
Sortino ratio is 1.42 as on January 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.87 as on January 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Ajay Khandelwal 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%