Motilal Oswal Long Term Equity Fund is an open-ended equity linked saving scheme (ELSS) that comes with a statutory lock-in of 3 years. The fund’s objective is to generate long-term capital appreciation from a diversified portfolio, where investments are primarily made in equity and equity related instruments. It comes with the added advantage of tax savings under Section 80C of the Income Tax Act, 1961. Since the time of the fund’s inception, it has delivered a CAGR of 11.34% vs. Nifty 500 TRI returns of 6.79%, an out performance of 4.55% (CAGR).
This fund is best-suited for investors whose risk appetite is moderately high. Motilal Oswal Long Term Equity Fund’s portfolio is well represented across a range of sectors. Banks, Finance and Consumer Non-Durables are currently its top three sector exposures. About Motilal Oswal: Motilal Oswal Asset Management Company Ltd. is a public limited company, incorporated on November 14, 2008, under the Companies Act, 1956. The AMC acts as the investment manager of Motilal Oswal Mutual Fund. Motilal Oswal AMC is promoted by Motilal Oswal Financial Services Ltd.
(Note - All the information contained in this page has been sourced from the official website of Motilal Oswal.)
The features of Motilal Oswal Long Term Equity Fund are as follows:
Latest NAV
| Date | Scheme | Option | NAV (Rs.) | Percentage |
|---|---|---|---|---|
| 28-Aug-2019 | Motilal Oswal Long Term Equity Fund (G) | Growth | 16.5221 | -0.54 |
| 28-Aug-2019 | Motilal Oswal Long Term Equity Fund (D) | Dividend | 14.6398 | -0.54 |
| 28-Aug-2019 | Motilal Oswal Long Term Equity Fund -Dir (G) | Growth | 17.5842 | -0.54 |
| 28-Aug-2019 | Motilal Oswal Long Term Equity Fund -Dir (D) | Dividend | 15.6623 | -0.54 |
Source: Motilal Oswal
| Entity | Weightage |
|---|---|
| HDFC Bank Limited | 9.08 |
| ICICI Bank Limited | 6.1 |
| Housing Development Finance Corporation Limited | 5.99 |
| Infosys Limited | 5.91 |
| Larsen & Toubro Limited | 5.28 |
| HDFC Life Insurance Company Limited | 4.32 |
| Asian Paints Limited | 3.98 |
| Kotak Mahindra Bank Limited | 3.97 |
| Kotak Mahindra Bank Limited | 3.93 |
| Axis Bank Limited | 3.44 |
(Data as on 31-Jul-2019)
Source: Motilal Oswal
| Banks | 6.22% |
| Finance | 5.84% |
| Consumer Non-Durables | 5.44% |
| Software | 4.53% |
| Consumer Durables | 4.37% |
| Auto | 3.77% |
| Construction Project | 3.61% |
| Textile Products | 3.52% |
| Pesticides | 3.36% |
| Pharmaceuticals | 2.61% |
| Cash and Equivalent | 5.42% |
(Data as on 31-Jul-2019)
Source: Motilal Oswal
Investments in Motilal Oswal Long Term Equity Fund Scheme are made with the intent to generate long-term capital appreciation from a diversified portfolio of primarily equity and equity-related instruments. It must, however, be noted that there is no guarantee or assurance that the scheme’s investment objective would be realized. Money will be parked in securities across different asset classes, sectors and capitalization levels. Besides wealth creation, individuals can benefit from the added advantage of tax savings under Section 80C of the Income Tax Act,1961. The maximum deduction that can be claimed under this section is Rs. 1,50,000.
Individuals can invest in Motilal Oswal Long Term Equity Fund Scheme through the official website of the asset management company. New investors will have to register by submitting details like PAN number, name, mobile number, email ID, state and city. There is also the option to invest offline by submitting a transaction slip and other necessary documents at one of the company's branch offices.
KYC-compliant users do not have to submit any physical documents to invest in this fund. Those who are investing for the first time will have to complete the KYC formalities. Copies of the below-mentioned documents need to be submitted by such individuals:
The following entities are eligible to subscribe to the units of this scheme:
Note - This is an indicative list. Entities are advised to first consult with a financial advisor to ascertain whether the fund is suitable to the user’s risk profile.
