September 3, 2024
mayank
Motilal Oswal Nifty 500 Momentum 50 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 500 Momentum 50 Index Fund Open Date, Close Date?
NFO opens on September 04, 2024
NFO will close on September 18, 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 500 Momentum 50 Total Return Index, subject to tracking error.
Basic Details
| Fund House | Motilal Oswal Mutual Fund |
| Issue Open | 04 September 2024 |
| Issue Close | 18 September 2024 |
| Type | Open-ended |
| Category | Equity: Flexi Cap |
| Min. Investment(Rs) | 500 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 15 days |
| Riskometer | Very High |
| Benchmark | Nifty 500 Momentum 50 TRI |
What is the Benchmark Index of Motilal Oswal Nifty 500 Momentum 50 Index Fund?
The Nifty500 Momentum 50 Index aims to track the performance of the top 50 companies within the Nifty 500 selected based on their Normalized Momentum Score. The Normalized Momentum Score for each company is determined based on its 6-month and 12-month price return, adjusted for volatility. Stock weights are based on a combination of the stock’s Normalized Momentum Score and its free-float market capitalization.
Nifty500 Momentum 50 Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty500 Momentum 50 Total Returns Index.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 3.76 | 39.37 | 68.19 | 34.74 | 23.79 |
| Total Return | 3.99 | 40.21 | 69.51 | 35.77 | 24.97 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 23.28 | 22.34 | 22.60 |
| Beta (NIFTY 50) | 1.28 | 0.94 | 0.88 |
| Correlation (NIFTY 50) | 0.73 | 0.81 | 0.83 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 30.68 | 5.97 | 0.74 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Trent Ltd. | 6.43 |
| Bajaj Auto Ltd. | 5.40 |
| Adani Ports and Special Economic Zone Ltd. | 4.88 |
| Bharat Electronics Ltd. | 4.63 |
| Mahindra & Mahindra Ltd. | 4.62 |
| REC Ltd. | 4.32 |
| Siemens Ltd. | 4.26 |
| Hindustan Aeronautics Ltd. | 4.18 |
| Power Finance Corporation Ltd. | 4.00 |
| Tata Power Co. Ltd. | 3.51 |
Study about Benchmark Index in details
SEBI Details – Motilal Oswal Nifty 500 Momentum 50
Performance Review of the Fund Managers of Motilal Oswal Nifty 500 Momentum 50 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 | It’s Benchmark |
| 1 Year | 28.01 | 39.84 | 31.30 | 35.73 |
| 3 Year | 12.13 | 18.59 | 14.94 | 16.79 |
| 5 Year | 23.66 | 22.85 | 19.13 | 20.67 |
| 7 Year | — | — | 15.23 | 15.98 |
| 10 Year | — | — | 12.35 | 14.09 |
As on 3-09-2024
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 | 24.98 | 28.72 | 83.98 | 35.73 |
| 3 Year | 14.98 | 13.95 | — | — |
| 5 Year | 14.63 | 17.47 | — | — |
| 7 Year | 11.25 | 14.27 | — | — |
| 10 Year | — | — | — | — |
As on 3-09-2024
Which Company Owns Motilal Oswal Nifty 500 Momentum 50 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 500 Momentum 50 Index NFO?
Guidance for Motilal Oswal Nifty 500 Momentum 50 Index Fund by Paresh Gordhandas, C.A., Research Analyst.
Motilal Oswal Nifty 500 Momentum 50 Index Fund is based on the Nifty500 Momentum 50 Index. The Nifty500 Momentum 50 Index aims to track the performance of the top 50 companies within the Nifty 500 selected based on their Normalized Momentum Score. The Normalized Momentum Score for each company is determined based on its 6-month and 12-month price return, adjusted for volatility.
Motilal Oswal had earlier launched the Nifty 200 Momentum 30 Index Fund in Feb 2022. This fund has generated return of 25.59% since its launch. Although it has a very small AUM of Rs. 766 crores only.
Momentum Funds are niche funds chosen by the discerning investor. Looking at the returns generated by the underlying Index(Nifty500 Momentum 50 Index), it has generated return of 68%. Since, this is an Index Fund, the performance of the Fund will closely resemble that of the Index. Can Invest.
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