Type of Scheme : An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit.
Benchmark : Nifty 500 TRI
Methodology and illustration of sale and repurchase price of units
a) 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 investors. Therefore, sale or subscription price = Applicable NAV (for respective plan and option of the scheme)
Example: An investor invests Rs. 10,000/- and the current NAV is Rs. 10/- then the purchase price will be Rs. 10/- and the investor receives 10,000/10 = 1000 units
b) Methodology of calculating repurchase price of units: Repurchase or redemption price is the price or NAV at which an open-ended scheme purchases or redeems its units from the investors. It may include exit load, if applicable. The exit load, if any, shall be charged as a percentage of Net Assets Value (NAV) i.e. applicable load as a percentage of NAV will be deducted from the "Applicable NAV" to calculate the repurchase price. Therefore, repurchase or redemption price = Applicable NAV * (1- Exit Load, if any)
Example: If the applicable NAV is Rs. 10 and a 2% exit load is charged, the redemption price per unit will be calculated as follows: = Rs. 10 * (1-0.02) = Rs. 10 * (0.98) = Rs. 9.80
Fund Manager :Mr. Gautam Sinha Roy (For Equity Component)
Mr. Abhiroop Mukherjee (For Debt Component)
Associate Fund Manager :Ms. Snigdha Sharma (For Equity Component)
About Fund Manager :
Mr. Gautam Sinha Roy - He has over 15 years of rich and varied experience in fund management and research. He is the Fund Manager for the Scheme, Motilal Oswal Multicap 35 Fund, Motilal Oswal Long Term Equity Fund and Motilal Oswal Dynamic Equity Fund. He has also worked with IIFL Capital (Singapore), Mirae Asset Global Investments, Edelweiss Capital and GE Capital Intnl. Services prior to joining the Motilal Oswal group, where he has worked for the last four years. He is an alumnus of IIM Calcutta (2003) and holds an honors degree in Chemical Engineering.
Mr. Abhiroop Mukherjee – He is B.com (H), MBA with 10 years of experience in Trading Fixed Income Securities viz. G-sec, T-bills, Corporate Bonds CP, CD etc. He has earlier worked with PNB GILTS LTD. as a WDM Dealer for the period 2007-2011
Other Funds Managed by Mr. Abhiroop Mukherjee: He is the Fund manager for the debt component of Motilal Oswal Focused 25 Fund, Motilal Oswal Midcap 30 Fund, Motilal Oswal Multicap 35 Fund and Motilal Oswal Dynamic Equity
About Associate Fund Manager :
Ms. Snigdha Sharma - Ms Snigdha Sharma has overall 10 years of rich and diverse experience on both buy and sell side equity research across India and US markets. She has previously worked with Axis Capital Ltd., Fidelity International Ltd., Karma Capital Ltd. and Goldman Sachs India Ltd.
Other Funds Managed by Ms. Snigdha Sharma : She is the Associate Fund Manager for Motilal Oswal Multicap 35 Fund and Motilal Oswal Dynamic Equity Fund.
| Date of Allotment |
21st January 2015 |
| Entry Load |
Nil |
| Exit Load |
Nil |
| Plans |
Regular Plan and Direct Plan |
| Options (Under each plan) |
Dividend (Payout) and Growth |
| Total Expense Ratio* |
Regular Plan- 2.33% |
| Direct Plan- 1.25% |
| Portfolio Turnover Ratio |
0.35 |
| Monthly AAUM |
Rs 1090.04 (Rs in crores) |
| Latest AUM |
Rs 1119.23 (Rs in crores) |
(Data as on 31-July-2018)