May 19, 2025
mayank
Motilal Oswal Services 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
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Motilal Oswal Services Fund Open Date, Close Date?
NFO opens on May 20, 2025
NFO will close on June 03, 2025
Investment Strategy for this NFO?
The Scheme seeks to generate long-term capital appreciation by investing in equity or equity related instruments across market capitalization of companies derive the majority of their income from business in the Services sector of the economy.
Basic Details
| Fund House | Motilal Oswal Mutual Fund |
| Issue Open | 20 May 2025 |
| Issue Close | 03 June 2025 |
| Type | Open-ended |
| Category | Equity: Thematic |
| Min. Investment(Rs) | 500 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 90 days |
| Riskometer | Very High |
| Benchmark | NIFTY Service Sector TRI |
About Benchmark Index for this NFO?
The Nifty Services Sector Index is designed to reflect the behaviour and performance of services sector companies which includes Computers Software, IT Education & Training, Banks, Telecommunication services, Financial Institutions, Power, Media, Courier, Shipping etc. The Index comprises of 30 companies listed on National Stock Exchange of India.
Nifty Services Sector Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base market capitalization value.
Nifty Services Sector 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 Services Sector Total Returns Index.
Portfolio Characteristics
| Methodology | Periodic Capped Free Float |
| No. of Constituents | 30 |
| Launch Date | |
| Base Date | June 01, 1999 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of Motilal Oswal Services Fund
1) Ajay Khandelwal
Education: Mr. Khandelwal is MBA & Bachelor of Engineering.
Experience: Prior to joining Motilal Oswal Mutual Fund, he has worked with Canara Robeco Mutual Fund, BOI AXA Mutual Fund, B&K Securities and Infosys.
2) Atul Mehra
Education: Mr. Mehra has done B.Com, Master’s Degree in Accounting and CFA
Experience: Prior to joining Motilal Oswal Mutual Fund, he has worked with Edelweiss Capital Ltd
3) Bhalchandra Shinde
Education: Mr. Shinde has done M.M.S Finance & B.E. Mechanical
Experience: Prior to joining Motilal Oswal Mutual Fund, he was working with Kotak Mahindra Life Insurance and Max Life Insurance and Centrum Broking
4) 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.
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: https://mfs.kfintech.com/mfs/
Review for Motilal Oswal Services Fund @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst
[ A ] Benchmark Performance of NIFTY Service Sector TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 3.25 | 2.41 | 12.88 | 19.08 | 14.32 |
| Total Return | 3.28 | 2.64 | 14.38 | 20.42 | 15.96 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 15.64 | 16.97 | 26.45 |
| Beta (NIFTY 50) | 1.00 | 1.07 | 1.09 |
| Correlation (NIFTY 50) | 0.96 | 0.96 | 0.91 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 20.84 | 3.78 | 1.28 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| HDFC Bank Ltd. | 21.02 |
| ICICI Bank Ltd. | 14.46 |
| Infosys Ltd. | 7.75 |
| Bharti Airtel Ltd. | 7.18 |
| Tata Consultancy Services Ltd. | 5.06 |
| Axis Bank Ltd. | 4.86 |
| Kotak Mahindra Bank Ltd. | 4.66 |
| State Bank of India | 4.35 |
| Bajaj Finance Ltd. | 3.24 |
| NTPC Ltd. | 2.41 |
Note on Benchmark Performance:
The benchmark includes companies operating in sectors such Computers Software, IT Education & Training, Banks, Telecommunication services, Financial Institutions, Power, Media, Courier, Shipping etc. However, the benchmark has only 30 companies and heavyweight banks, IT companies etc have more weightage in the Index. While the year to date return of 2.41% can be considered low, the one year return of 12.88% and five year return of 19.08% is satisfactory. From an initial level around 1000 in April 2014, the index has steadily increased, reaching a level of 4518 by April 2025.
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Ajay Khandelwal
| Fund | Motilal Oswal Small Cap Fund | It’s Benchmark | Motilal Oswal ELSS Tax Saver Fund | It’s Benchmark |
| 1 Year | 20.17 | 5.90 | 16.22 | 9.90 |
| 3 Year | — | — | 31.41 | 19.93 |
| 5 Year | — | — | 30.83 | 26.23 |
| 7 Year | — | — | 17.29 | 14.93 |
| 10 Year | — | — | 18.57 | 14.18 |
As on 19-5-2025
Past Performance of Atul Mehra
| Fund | Motilal Oswal Large Cap Fund | It’s Benchmark | Motilal Oswal Balance Advantage Fund | It’s Benchmark |
| 1 Year | 28.28 | 12.84 | -3.29 | 9.57 |
| 3 Year | — | — | 11.06 | 15.79 |
| 5 Year | — | — | 11.50 | 17.95 |
| 7 Year | — | — | 7.61 | 11.93 |
| 10 Year | — | — | — | — |
As on 19-5-2025
Past Performance of Bhalchandra Shinde
| Fund | Motilal Oswal Gold and Silver ETFs FoF | It’s Benchmark | Motilal Oswal Manufacturing Fund | It’s Benchmark |
| 1 Year | 19.75 | 27.22 | — | — |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 19-5-2025
Past Performance of Rakesh Shetty
| Fund | Motilal Oswal BSE Low Volatility ETF | It’s Benchmark | Motilal Oswal BSE Enhanced Value ETF | It’s Benchmark |
| 1 Year | 5.52 | 9.90 | 2.40 | 9.90 |
| 3 Year | 19.87 | 19.36 | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 19-5-2025
Note on Fund Managers’ performance
All the Fund Managers have vast experience at Motilal Oswal and manage multiple funds at this Fund House.
[ C ] My Review
The Motilal Oswal Services Fund can be compared to the Sundaram Services Fund launched in 2018. While this Fund can be classified as a thematic fund, it is important to note that they are cyclical in nature. While not many funds are there in this space, if you believe in India’s growth story then service sector stocks should be a part of your portfolio. Between FY23 and FY25, the sector achieved growth of 8.3%, underpinned by a surge in services exports, which accelerated to 12.8% in April–November FY25 from 5.7% in FY24.
But investor should only invest in this fund with a long term horizon of alteast 3-5 years or more to generate good returns.
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in Motilal Oswal Services Fund NFO?
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https://sahifund.com/category/nfos/
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