Motilal Oswal Long Term Equity Fund Review
About Motilal Oswal Midcap Mutual Fund
Motilal Oswal mutual fund is a public limited company incorporated on 14th Nov 2008 under the Companies Act, 1956. It undertakes several business activities including advisory and management services to off-shore funds, exchange of research on a commercial basis and financial consultancy, etc as subject to receipt of necessary regulatory approvals of Trustees. They also offer a range of products and services like investment activities, loan against shares, broking and distribution, investment banking, private equity, and institutional equities. The registered office is in Mumbai.
About Motilal Oswal Long Term Equity Fund
It is an equity based mutual fund scheme that was launched by Motilal Oswal mutual fund. Later on, it was introduced on 21st Jan 2015 to its investors. Currently, the fund is managed by Siddharth Bothra, Abhiroop Mukherjee, Gautam Sinha Roy and Gautam Bothra. Talking about AUM, it is of INR 1648 Cr, and, the latest NAV is of INR 18.15 (dated as of 3rd Feb 2020). The fund growth is rated moderately high risk. Also, the minimum SIP investment is INR 500.
The objective of the investment is to generate long-term capital-appreciation from a diversified portfolio of pre-dominantly equity & equity related instruments. Although, there can be NO guarantee or assurance that the objective of the investment would be achieved.
Up to INR 1.5 lakh will be tax-free under Section 80C with a lock-in-period of 3 years. Also, returns will be taxed at 10%.
|ICICI Bank Ltd.||Financial||Equity||10.4%|
|HDFC Bank Ltd.||Financial||Equity||9.1%|
|Axis Bank Ltd.||Financial||Equity||7.8%|
|Maruti Suzuki India Ltd.||Automobile||Equity||4.9%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||4.6%|
|United Breweries Ltd.||FMCG||Equity||4.4%|
|HDFC Life Insurance Co Ltd.||Financial||Equity||4.2%|
|Larsen & Toubro Ltd.||Construction||Equity||4.0%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.6%|
|Jubilant FoodWorks Ltd.||Services||Equity||3.5%|
*Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.