3 Year return

24.58%
Launched on December 2014 (10 years)

Investment Details

₹500

Minimum SIP Amount

₹500

Minimum one time investment

Fund has 3 years period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹3025.82 Cr.

Expense Ratio

0.65% (inclusive of GST)

Exit Load

Nil

Ratings

2.5

Ratings by other agencies

2
2
3

Tax Implications

Withdrawal within 1 year

Not applicable as these investments cannot be sold before the 3 year lock-in period

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Motilal Oswal Mutual Fund Managers

AK

Aditya Khemani

Fund Manager since Sep 2019

Fund House Details

Motilal Oswal Mutual Fund Asset management company

AUM ₹42,406.68 Cr.
No. of Schemes 58
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Motilal Oswal Mutual Fund

List of mutual fund schemes by AMC

About Motilal Oswal Long Term Equity Fund (MOFLTE) Direct Plan Growth

Motilal Oswal Long Term Equity Fund Direct Growth, an Equity Mutual Fund Scheme from Motilal Oswal Mutual Fund, aims to provide investors with an avenue for potential long-term capital growth. The scheme follows a strategy of investing 65% or more in equity and related securities, creating a concentrated stock portfolio. It's noteworthy that the scheme has a lock-in period of 3 years, which reflects its focus on encouraging a long-term investment horizon.

Investment Objective of the Scheme

The main investment objective of Motilal Oswal Long Term Equity Fund Direct Growth is to generate long-term capital appreciation. Long-term capital appreciation realises through a diversified portfolio consisting mainly of equity and equity-related instruments. The fund aims to identify and invest in fundamentally strong companies with the potential for sustainable growth, seeking to deliver attractive returns to its investors over the long run.

Key Features of The Fund

5-year return 22.54%
Expense Ratio 0.65%
Fund Manager Aditya Khemani
Fund Size ₹3025.82 Cr
Risk Profile Very High

Is This Scheme Right for Me?

Motilal Oswal Long Term Equity Fund Direct Growth is suitable for investors with a long-term investment horizon of at least three years. Those seeking the combined benefits of potential income tax savings under applicable provisions apart from the expectation of higher returns might find this scheme appealing. Furthermore, the fund carries a three-year lock-in period, which means investors should be willing to stay invested for this duration to avail the full benefits of the scheme. It's important to note that equity investments come with inherent market risks, and investors should be aware of the possibility of moderate risk during their investment tenure. As with any investment, the investors must evaluate their goals, risk tolerance, and investment horizon before making any decision.

AMC Contact Details

Name Motilal Oswal Mutual Fund
Launch Date November 2008
Addresss 10th Floor, Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai - 400 025
Contact 91-2240548002 8108622222
Email [email protected]
Website https://www.motilaloswalmf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

FAQs

What is today's NAV of Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth Feb 23 2024 is 46.3298

What is the AUM of Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth is 3025.82 crore.

What is the expense ratio of Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth is 0.65%

What are the returns of Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth since inception?

The Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth was launched on Dec 26 2014. The fund has delivered a CAGR of 18.36 since inception.

What is the minimum SIP amount to invest in Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth is 500.

How do I invest in Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.