November 9, 2024
mayank
Motilal Oswal Nifty MidSmall Financial Services Index Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
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 MidSmall Financial Services Index Fund Open Date, Close Date?
NFO opens on October 29, 2024
NFO will close on November 12, 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 MidSmall Financial Services Total Return Index, subject to tracking error.
Basic Details of Motilal Oswal Nifty MidSmall Financial Services?
| Fund House | Motilal Oswal Mutual Fund |
| Issue Open | 29 October 2024 |
| Issue Close | 12 November 2024 |
| Type | Open-ended |
| Category | Equity: Sectoral-Banking |
| Min. Investment(Rs) | 500 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 15 days |
| Riskometer | Very High |
| Benchmark | Nifty MidSmall Financial Services TRI |
What is the Benchmark Index?
Nifty MidSmall Financial Services tracks the performance of the mid cap and small cap stocks within the financial services sector. The index includes upto 30 stocks selected from the parent Nifty MidSmallcap 400 index based on the stock’s six-month average free float market capitalization. The weight of each stock in the index is based on stock’s free float market capitalization.
Nifty MidSmall Financial Services Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty MidSmall Financial Services Total Returns Index.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 9.74 | 22.59 | 38.25 | 18.68 | 15.25 |
| Total Return | 10.03 | 23.47 | 39.54 | 19.88 | 17.21 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 20.68 | 25.97 | 25.08 |
| Beta (NIFTY 50) | 1.16 | 1.10 | 0.93 |
| Correlation (NIFTY 50) | 0.75 | 0.80 | 0.79 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 25.53 | 2.95 | 0.62 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| PB Fintech Ltd. | 6.90 |
| BSE Ltd | 6.72 |
| Federal Bank Ltd. | 6.47 |
| HDFC Asset Management Company Ltd. | 5.85 |
| Yes Bank Ltd. | 5.69 |
| AU Small Finance Bank Ltd | 5.57 |
| Sundaram Finance Ltd. | 4.83 |
| IDFC First Bank Ltd. | 4.51 |
| Max Financial Services Ltd. | 3.95 |
| Multi Commodity Exchange of India Ltd. | 3.88 |
Performance Review of the Fund Managers of Motilal Oswal Nifty MidSmall Financial Services Index?
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 | It’s Benchmark |
| 1 Year | 35.49 | 34.67 | 26.28 | 30.87 |
| 3 Year | 14.42 | 15.09 | 11.75 | 13.49 |
| 5 Year | 24.19 | 21.32 | 17.47 | 19.09 |
| 7 Year | — | — | 14.49 | 15.25 |
| 10 Year | — | — | 12.82 | 14.32 |
As on 18-10-2024
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 Balance Advantage Fund | It’s Benchmark | Motilal Oswal BSE Enhanced Value ETF | It’s Benchmark |
| 1 Year | 22.32 | 24.47 | 63.58 | 30.87 |
| 3 Year | 14.06 | 11.16 | — | — |
| 5 Year | 13.14 | 16.09 | — | — |
| 7 Year | 11.03 | 13.62 | — | — |
| 10 Year | — | — | — | — |
As on 18-10-2024
Which Company Owns Motilal Oswal Nifty MidSmall Financial Services Index?
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 MidSmall Financial Services Index NFO?
Guidance for Motilal Oswal Nifty MidSmall Financial Services Index Fund by Paresh Gordhandas, C.A., Research Analyst.
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