June 12, 2024
mayank
Motilal Oswal Nifty India Defence Index Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Motilal Oswal Nifty India Defence Index Fund Open Date, Close Date?
NFO opens on June 13, 2024
NFO will close on June 27, 2024
What is the Investment Strategy?
The scheme seeks to provide returns that, before expenses, correspond to the total returns of the securities as represented by Nifty India Defence Total Return Index, subject to tracking error.
Basic Details of Motilal Oswal Nifty India Defence Index Fund?
| Fund House | Motilal Oswal Mutual Fund |
| Issue Open | 13 June 2024 |
| Issue Close | 27 June 2024 |
| Type | Open-ended |
| Category | Equity: Thematic |
| Min. Investment(Rs) | 500 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 15 days |
| Riskometer | Very High |
| Benchmark | Nifty India Defence TRI |
What is the Benchmark Index?
NSE Indices has developed the Nifty India Defence Index which aims to track the performance of portfolio of stocks that broadly represent the Defence theme. From the Nifty Total Market index, stocks forming part of eligible basic industries or those which obtain at least 10% of revenues from the defence industry are eligible to be included in the index and are chosen based on 6 month average free-float market capitalisation. The weight of the stocks in the index is based on their free-float market capitalization. Stock weights are capped at 20% each.
The index can be used for a variety of purposes such as benchmarking, creation of index funds, ETFs and structured products.
Index Variant: Nifty India Defence Total Returns Index.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 43.25 | 59.06 | 175.57 | 53.29 | 35.93 |
| Total Return | 43.30 | 59.67 | 177.67 | 55.52 | 37.93 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 25.56 | 25.95 | 25.09 |
| Beta (NIFTY 50) | 1.08 | 0.75 | 0.77 |
| Correlation (NIFTY 50) | 0.43 | 0.55 | 0.55 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 58.72 | 15.58 | 0.44 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Hindustan Aeronautics Ltd. | 21.69 |
| Bharat Electronics Ltd. | 20.72 |
| Solar Industries India Ltd. | 13.90 |
| Bharat Dynamics Ltd. | 9.16 |
| Cochin Shipyard Ltd. | 8.87 |
| Mazagoan Dock Shipbuilders Ltd | 6.18 |
| Astra Microwave Products Ltd. | 4.69 |
| Data Patterns (India) Ltd | 4.57 |
| Garden Reach Shipbuilders & Engineers Ltd | 2.62 |
| MTAR Technologies Ltd | 2.24 |
Performance Review of the Fund Managers of Motilal Oswal Nifty India Defence Index Fund?
1) Swapnil P Mayekar
Education: Mr. Mayekar is an M.Com from Mumbai University and also holds an Advanced Diploma in Business Administration from Welingkar, Mumbai.
Experience: Prior to joining Motilal Oswal AMC he worked with Business Standard Limited from Aug 2005 to Feb 2010.
Past Performance of his Schemes
| Fund | Motilal Oswal Nasdaq 100 FOF | It’s Benchmark | Motilal Oswal Nifty 50 ETF Fund | It’s Benchmark |
| 1 Year | 32.62 | 38.22 | 26.52 | 31.20 |
| 3 Year | 14.65 | 18.42 | 15.05 | 16.74 |
| 5 Year | 23.90 | 18.85 | 15.37 | 16.83 |
| 7 Year | — | — | 14.35 | 15.24 |
| 10 Year | — | — | 11.74 | 13.74 |
As on 12-6-2024
2) 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 Focused Fund | It’s Benchmark | Motilal Oswal ELSS Tax Saver Fund | It’s Benchmark |
| 1 Year | 28.14 | 38.22 | 58.13 | 38.22 |
| 3 Year | 13.25 | 18.42 | 25.51 | 18.42 |
| 5 Year | 15.76 | 18.85 | 23.06 | 18.85 |
| 7 Year | 13.20 | 15.97 | 17.54 | 15.97 |
| 10 Year | 15.15 | 14.92 | — | — |
As on 12-6-2024
Which Company Owns Motilal Oswal Nifty India Defence Index Fund?
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: https://mfs.kfintech.com/mfs/
Is it good to invest in Motilal Oswal Nifty India Defence Index Fund NFO?
Guidance for Motilal Oswal Nifty India Defence Index Fund by Paresh Gordhandas, C.A., Research Analyst.
NSE Indices has developed the Nifty India Defence Index which aims to track the performance of portfolio of stocks that broadly represent the Defence theme. Defence is one of the hottest sectors to invest right now from the Indian stock markets. The government’s focus on the defense sector is very high and the upcoming Budget will give it further push. Hence, this Fund launch comes at a very opportune time. Also, since it is an Index Fund, the risk for the investor is comparatively lower. Also, since the Fund is from Motilal Oswal, they are expected to be able to generate a sizeable AUM (compared to smaller and newer fund houses). We recommend you invest in this NFO.
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks