Business News›Mutual Funds›Motilal Oswal Mutual Fund › Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct - Growth
Motilal Oswal BSE Financials ex Bank 30 Index Fund...
Unrated
NAV as of Jan 14, 2025
14.672.73%
- Growth - Direct
(Earn upto 0.70% Extra Returns with Direct Plan)
Fund Category:
Equity: Sectoral-Banking
Expense Ratio:
0.31%(0.63% Category
average)Fund Size:
Rs. 17.46 Cr(0.04% of Investment in Category)
- ADD TO PORTFOLIO
Loading...
ADD TO PORTFOLIO
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direc...
Unrated
NAV as of Jan 14, 2025
14.672.73%
Expense Ratio:
0.31%
Fund Size:
Rs. 17.46 Cr
Fund Category:
Equity: Sectoral-Banking
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct - Growth Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the Motilal Oswal BSE Financials ex Bank 30 Index Fund - Direct Plan as of Jan 14, 2025 is Rs 14.67 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 8.72% (1yr) and 16.92% (since launch). Whereas, Category returns for the same time duration are: 5.462851669077272% (1yr), 11.5461305732755% (3yr) and 10.880497697461157% (5yr).
3. Fund Size: The Motilal Oswal BSE Financials ex Bank 30 Index Fund - Direct Plan currently holds Assets under Management worth of Rs 17.4563 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.31% for Direct plan as on Dec 10, 2024.
5. Exit Load: Motilal Oswal BSE Financials ex Bank 30 Index Fund - Direct Plan shall attract an Exit Load, "Exit load-1%- If redeemed within 15 days from the date of allotment."
6. Minimum Investment: Minimum investment required is Rs 500 and minimum additional investment is Rs 500. Minimum SIP investment is Rs 500.
1. Current NAV: The Current Net Asset Value of the Motilal Oswal BSE Financials ex Bank 30 Index Fund - Direct Plan as of Jan 14, 2025 is Rs 14.67 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 8.72% (1yr) and 16.92% (since launch). Whereas, Category returns for the same time duration are: 5.462851669077272% (1yr), 11.5461305732755% (3yr) and 10.880497697461157% (5yr).
3. Fund Size: The Motilal Oswal BSE Financials ex Bank 30 Index Fund - Direct Plan currently holds Assets under Management worth of Rs 17.4563 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.31% for Direct plan as on Dec 10, 2024.
5. Exit Load: Motilal Oswal BSE Financials ex Bank 30 Index Fund - Direct Plan shall attract an Exit Load, "Exit load-1%- If redeemed within 15 days from the date of allotment."
6. Minimum Investment: Minimum investment required is Rs 500 and minimum additional investment is Rs 500. Minimum SIP investment is Rs 500.
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns -9.97 -11.30 -8.23 4.59 - - Category Avg -10.64 -7.53 -8.10 2.36 10.71 10.43 Rank within Category 13 31 26 12 - - No. of funds within Category 59 58 54 44 29 21 - Loading...
- Loading...
Return Comparison
- This Fund
- BenchmarkS&P BSE Sensex
Choose from Benchmarks
- Nifty 50
- 1M
- 3M
- 6M
- 1Y
- 5Y
Loading...
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct - Growth Fund Details
Investment Objective - The scheme seeks to provide returns that, correspond to the total returns of the securities as represented by S&P BSE Financials ex Bank 30 Index, subject to tracking error.
| Fund House | Motilal Oswal Mutual Fund |
| Launch Date | Jul 29, 2022 |
| Benchmark | BSE Financials ex Bank 30 Total Return Index |
| Return Since Launch | 15.55% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct - Growth Investment Details
| Minimum Investment (Rs.) | 500.00 |
| Minimum Additional Investment (Rs.) | 500.00 |
| Minimum SIP Investment (Rs.) | 500.00 |
| Minimum Withdrawal (Rs.) | 500.00 |
| Exit Load Exit load-1%- If redeemed within 15 days from the date of allotment. | |
Portfolio Allocation
Asset Allocation
Loading...
Asset Allocation History
Loading...
EquityDebtCash
Sector Allocation
Loading...
Market Cap Allocation
Loading...
Concentration & Valuation Analysis
| DEC 2024 | NOV 2024 | OCT 2024 | SEP 2024 | AUG 2024 | JUL 2024 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 30 | 30 | 30 | 30 | 30 | 30 |
| Top 5 Company Holdings | 40.95% | 40.92% | 41.77% | 43.43% | 40.67% | 40.07% |
| Top 10 Company Holdings | 65.03% | 65.43% | 65.97% | 67.37% | 66.64% | 65.93% |
| Company with Highest Exposure | Bajaj Finance (14.87%) | Bajaj Finance (13.02%) | Bajaj Finance (13.42%) | Bajaj Finance (13.93%) | Bajaj Finance (13.41%) | Bajaj Finance (13.05%) |
| Number of Sectors | 3 | 3 | 3 | 3 | 3 | 3 |
| Top 3 Sector Holdings | 99.7% | 99.49% | 99.71% | 100.16% | 99.58% | 99.36% |
| Top 5 Sector Holdings | 99.7% | 99.49% | 99.71% | 100.16% | 99.58% | 99.36% |
| Sector with Highest Exposure | Financial (71.81%) | Financial (72.09%) | Financial (72.37%) | Financial (73.76%) | Financial (71.71%) | Financial (72.35%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Bajaj Finance Financial 13.93 29.53 248.39 -6.66 JIO Financial Financial 8.43 - - - Bajaj Finserv Financial 7.79 32.18 53.24 1.35 Shriram Finance Financial 7.24 12.73 42.76 13.64 SBI Life Insurance Company Insurance 6.04 - - - Power Fin. Corp. Financial 5.16 6.50 64.23 -3.11 HDFC Life Insurance Insurance 5.05 - - - REC Financial 4.99 8.42 56.53 4.25 Cholamandalam Investment and Finance Company Financial 4.92 27.72 45.84 -1.92 PB Fintech Services 3.82 - - -
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct - Growth 14.67 Unrated 17.46 -7.51 7.41 - - Sundaram Financial Services Opportunities Fund Direct-Growth 102.51 1,424.32 -7.94 4.55 15.84 14.93 HDFC Banking & Financial Services Fund Direct - Growth 15.61 3,656.50 -8.12 5.60 12.92 - Nippon India Banking & Financial Services Fund Direct-Growth 593.01 6,282.05 -7.59 7.19 14.98 13.86 Invesco India Financial Services Fund Direct-Growth 143.78 1,148.72 -9.43 14.15 16.63 14.92
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Motilal Oswal Mutual Fund News
Fund Manager
- S.P.Swapnil P MayekarSince Jul 202217 schemes
- R.S.Rakesh ShettySince Nov 202230 schemes
Mr. Mayekar is an M.Com from Mumbai University and also holds an Advanced Diploma in Business Administration from Welingkar, Mumbai. Prior to joining Motilal Oswal AMC he worked with Business Standard Limited from Aug 2005 to Feb 2010.
Mr. Shetty has done B.Com Prior to joining Motilal Oswal Mutual Fund, he has worked with Company engaged in Capital Market Business wherein he was in charge of equity and debt ETFs, customized indices and has also been part of product development.
More Motilal Oswal Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Motilal Oswal Midcap Fund Direct-Growth | 22,897.62 | 4.15 | 4.06 | 18.02 | 59.61 | 36.62 | |
| Motilal Oswal Flexi Cap Fund Direct-Growth | 12,598.45 | 3.39 | 1.07 | 15.00 | 48.15 | 24.06 | |
| Motilal Oswal Large and Midcap Fund Direct - Growth | 7,710.01 | 5.42 | 2.95 | 17.80 | 47.88 | 28.99 | |
| Motilal Oswal Nasdaq 100 FOF Direct - Growth | 5,468.68 | 20.22 | 28.45 | 30.42 | 53.98 | 20.50 | |
| Motilal Oswal ELSS Tax Saver Fund Direct-Growth | 4,186.93 | 4.69 | 2.59 | 15.90 | 49.50 | 29.06 | |
| Motilal Oswal S&P 500 Index Fund Direct - Growth | 3,781.04 | -1.16 | 5.33 | 10.29 | 27.12 | 12.90 | |
| Motilal Oswal Small Cap Fund Direct - Growth | 3,166.26 | 4.14 | 6.38 | 21.23 | 49.15 | - | |
| Motilal Oswal Nifty India Defence Index Fund Direct-Growth | 2,346.71 | -2.51 | -1.39 | - | - | - | |
| Motilal Oswal Multi Cap Fund Direct - Growth | 2,298.88 | 4.98 | 7.89 | 29.98 | - | - | |
| Motilal Oswal Nifty 500 Index Fund Direct - Growth | 2,060.24 | -0.92 | -7.29 | -0.82 | 15.95 | 15.10 |
Mutual Fund Tools
Top AMCs
- SBI Mutual Fund
- ICICI Prudential Mutual Fund
- HDFC Mutual Fund
- Nippon India Mutual Fund
- Kotak Mahindra Mutual Fund
- Aditya Birla Sun Life Mutual Fund
- UTI Mutual Fund
- Axis Mutual Fund
- Mirae Asset Mutual Fund
- DSP Mutual Fund
- Tata Mutual Fund
- Edelweiss Mutual Fund
- Bandhan Mutual Fund
- HSBC Mutual Fund
- Franklin Templeton Mutual Fund
About Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct - Growth
1. Motilal Oswal BSE Financials ex Bank 30 Index Fund - Direct Plan is Open-ended Sectoral-Banking Equity scheme which belongs to Motilal Oswal Mutual Fund House.
2. The fund was launched on Jul 29, 2022.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide returns that, correspond to the total returns of the securities as represented by S&P BSE Financials ex Bank 30 Index, subject to tracking error. "
2. It is benchmarked against BSE Financials ex Bank 30 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.69718189% in equities, 0.0% in debts and 0.30281797% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 67.37% of the assets, the top 3 sectors constitute around 99.7% of the assets.
3. The fund largely follows a Blend oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. Motilal Oswal BSE Financials ex Bank 30 Index Fund - Direct Plan is Open-ended Sectoral-Banking Equity scheme which belongs to Motilal Oswal Mutual Fund House.
2. The fund was launched on Jul 29, 2022.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide returns that, correspond to the total returns of the securities as represented by S&P BSE Financials ex Bank 30 Index, subject to tracking error. "
2. It is benchmarked against BSE Financials ex Bank 30 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.69718189% in equities, 0.0% in debts and 0.30281797% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 67.37% of the assets, the top 3 sectors constitute around 99.7% of the assets.
3. The fund largely follows a Blend oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct - Growth
- Is it safe to invest in Motilal Oswal BSE Financials ex Bank 30 Index Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Motilal Oswal BSE Financials ex Bank 30 Index Fund - Direct Plan comes under Very High risk category.
- What is the category of Motilal Oswal BSE Financials ex Bank 30 Index Fund - Direct Plan?Motilal Oswal BSE Financials ex Bank 30 Index Fund - Direct Plan belongs to the Equity : Sectoral-Banking category of funds.
- How Long should I Invest in Motilal Oswal BSE Financials ex Bank 30 Index Fund - Direct Plan?The suggested investment horizon of investing into Motilal Oswal BSE Financials ex Bank 30 Index Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Motilal Oswal BSE Financials ex Bank 30 Index Fund - Direct Plan?The Motilal Oswal BSE Financials ex Bank 30 Index Fund - Direct Plan is managed by Swapnil P Mayekar (Since Jul 14, 2022) and Rakesh Shetty (Since Nov 22, 2022).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.
