March 1, 2023
mayank
Guidance for Motilal Oswal Nifty G-sec May 2029 Index Fund NFO
by Paresh Gordhandas, C.A., Research Analyst.
Upcoming Soon
Motilal Oswal Nifty G-sec May 2029 Index Fund NFO
NFO opens on March 02, 2023
NFO will close on March 02, 2023
(Our detailed Guidance is given at the bottom of the Page)
Investment Strategy
The scheme seeks to seek returns corresponding to total returns of securities as represented by the Nifty G-sec May 2029 Index, subject to tracking error.
Basic Details
| Fund House | Motilal Oswal Mutual Fund |
| Issue Open | 02 March 2023 |
| Issue Close | 02 March 2023 |
| Type | Open-ended |
| Category | Debt: Target Maturity |
| Min. Investment(Rs) | 500 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 15 days |
| Riskometer | Moderate |
| Benchmark | Nifty G-sec May 2029 |
About Benchmark Index
Nifty G-Sec May 2029 Index seeks to measure the performance of portfolio of Government securities (G-Secs) maturing during the twelve month period ending May 04, 2029.
Methodology
i. Index represents the performance of maturity-targeted G-Sec market
ii. Index holds G-Secs issued by Central Government of India (GOI), maturing during the twelve month period ending May 04, 2029
iii. The index is reviewed at the end of every calendar half year
Features
Methodology: Total Return
➢ No. of Constituents: 03
➢ No. of Issuer in the index: 01
➢ Base Value: 1000
➢ Base Date: February 23, 2023
➢ Index Maturity Date: May 04, 2029
Index Level Average Statistics
| Index Name | Yield* | Residual Maturity | Macaulay’s Duration |
| Nifty G-Sec May 2029 Index | 7.53% | 6.04 | 4.88 |
Issuer Level Average Statistics
| Sr. no. | Security Name | Yield* | Residual Maturity | Macaulay’s Duration |
| 1 | 7.10% GS 2029 | 7.54% | 6.15 | 4.96 |
| 2 | 7.59% GS 2029 | 7.52% | 6.07 | 4.83 |
| 3 | 7.26% GS 2029 | 7.52% | 5.90 | 4.85 |
Fund Manager
1) Rakesh Shetty
Education: Mr. Shetty has done B.Com
Experience: 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.
Past Performance of his Schemes
| Fund | Motilal Oswal 5 Year G-Sec FoF – Regular Plan | It’s Benchmark | Motilal Oswal Asset Allocation Passive FoF – Aggressive – Regular Plan | It’s Benchmark |
| 1 Year | 1.61 | 3.26 | 1.93 | 4.23 |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
AMC:
Motilal Oswal Asset Management Company Ltd.
Address: Motilal Oswal Towers – 10th Floor, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai – 400025
Website: http://www.motilaloswalmf.com
Registrar & Transfer Agent:
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: www.karvymfs.com
*Post your MF questions @ sahifund.com/ask-me/
IPO Details & Guidance @ chanakyanipothi.com