Motilal Oswal ELSS Tax Saver Fund Direct Growth - NAV : 50.6852

  • NAV (as on 2024-05-22)50.6852(-0.10%)

  • Risk: Very High
  • Category: Tax Savings
mens
Raamdeo Agrawal

(Chairman, Motilal Oswal AMC)

A message from the fund manager/concerned person can go here.

Why Invest in this fund?

Why Invest
Investment Horizon

3+ years

Why Invest
For Whom

Investors who want to save tax and get the benefit of 80C with a lock in period of 3 years.

Why Invest
Allocations
Invests 65% or more in equity and related securities
Why Invest
Number of Stocks

Concentrated stock portfolio

Overview

Fund Manager
Fund Name

Motilal Oswal ELSS Tax Saver Fund

(Formerly know as Motilal Oswal Long Term Equity Fund)
Fund Manager
Investment Objective

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 Sche...

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Fund Manager
Portfolio Turnover Ratio

0.95
Fund Manager
Latest AUM

₹ 3402.11 Crs (as on: 30-4-2024)
Fund Manager
Total Expense Ratio

0.67% p.a.
Fund Manager
Date of Allotment

21-1-2015
Fund Manager
Benchmark

Nifty 500 TRI

Performance

Lumpsum
Investment of
for
Yearly

would have become 10000.00

Periodic Returns

Current Value for an investment of Rs10,000

1 Year

CAGR (%)
Current Value of Investment of Rs 10000

3 Year

CAGR (%)
Current Value of Investment of Rs 10000

5 Year

CAGR (%)
Current Value of Investment of Rs 10000

Since Inception

CAGR (%)
Current Value of Investment of Rs 10000
Motilal Oswal ELSS Tax Saver Fund
61.86
16185.7
27.4
20680.4
22.56
27652.5
18.85
49672.4
Nifty 500 TRI
39.2635
13926.4
20.5362
17512.7
18.0436
22919.8
13.6518
32788.2
Nifty 50 TRI
26.5122
12651.2
16.9356
15989.7
15.3162
20391.6
12.1393
28955.1

Date of inception: 21-Jan-15. Incase, the start/end date of the concerned period is non business date (NBD), the NAV of the previous date is considered for computation of returns. The NAV per unit shown in the table is as on the start date of the said period. Past performance may or may not be sustained in the future. Performance is for Regular Plan Growth Option. Different plans have different expense structure. Mr. Niket Shah has been appointed as the Fund Manager for equity component since 20-Oct-2023. Mr. Rakesh Shetty is the Fund Manager for debt component since 22-Nov-2022. (Data as on 3oth April 2024)

Portfolio

Industry Classification

Top 10 holding

Scheme Details

Fund Manager
Entry Load

NIL

Fund Manager
Exit Load

NIL

Fund Manager
Type of Scheme

An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit.
Fund Manager
Methodology of calculating sale price

Methodology of calculating sale price: The price or NAV, an investor is charged while investing in an open-ended scheme is called sale or subscription price. Pursuant to SEBI Circular dated June 30, 2009, no entry load will be charged by the scheme to the...

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Product Labeling

This product is suitable for investors who are seeking*

  • Long-term capital growth
  • Investment predominantly in equity and equity related instruments

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

  • Scheme Riskometer
    Investors understand that their principal will be at Very High risk
  • Benchmark Riskometer
    Nifty 500 TRI
    Investors understand that their principal will be at Very High risk

Fund Manager

Fund Manager

Rakesh Shetty

Mr. Rakesh Shetty has more than 13 years of overall experience and expertise in trading in equity, debt segment, Exchange Trade Fund’s management, Corporate Treasury and Banking. Prior to joining Motilal Oswal Asset Management Company Limited, 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.

Other funds managed by him

  • Motilal Oswal Ultra Short Term Fund
  • Motilal Oswal Liquid Fund
  • Motilal Oswal 5 Year G-Sec Fund Of Fund
  • Motilal Oswal Focused Fund
  • Motilal Oswal Midcap Fund
  • Motilal Oswal Flexi Cap Fund
Fund Manager

Niket Shah

Niket has 10 years of overall experience.

  • Motilal Oswal Asset Management Company Ltd. Vice President Associate Fund Manager.
  • Motilal Oswal Securities Ltd. Head of Midcaps Research
  • Edelweiss Securities Ltd Research Analyst Midcaps
  • Religare Capital Markets Ltd Associate Research Analyst Midcaps.

Other funds managed by him

  • Motilal Oswal Midcap Fund
  • Motilal Oswal Flexi Cap Fund
  • Motilal Oswal Large and Midcap Fund
  • Motilal Oswal Small Cap Fund
  • Motilal Oswal Large Cap Fund
Fund Manager

Ajay Khandelwal

Ajay has 13 years rich experience in fund management and research related activity. Prior to joining Motilal Oswal Asset Management Company Limited he has worked with Canara Robeco Asset Management Company Limited handling Small Cap Fund. He has done post-graduation i.e. MBA from Manipal University. Mr. Ajay possess expertise in Fund Management.

Other funds managed by him

  • Motilal Oswal Small Cap Fund
  • Motilal Oswal Large and Midcap Fund
  • Motilal Oswal Large Cap Fund