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Motilal Oswal Long Term Equity Fund

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.)

Features of Motilal Oswal Long Term Equity Fund

The features of Motilal Oswal Long Term Equity Fund are as follows:

  • A statutory lock-in of 3 years is applicable.
  • This scheme is best-suited for investors seeking potential growth of equities with the added advantage of tax savings under Section 80C of the Income Tax Act, 1961.
  • Its allocation includes 80%-100% in Equity and Equity Related Instruments and 0%-20% in Debt Instruments, Money Market Instruments, G-Secs, Cash and Cash at call, etc.
  • There is no entry and exit load applicable.
  • It is available as Regular Plan and Direct Plan.

Motilal Oswal Long Term Equity Fund Performance

Latest NAV

DateSchemeOptionNAV (Rs.)Percentage
28-Aug-2019Motilal Oswal Long Term Equity Fund (G)Growth16.5221-0.54
28-Aug-2019Motilal Oswal Long Term Equity Fund (D)Dividend14.6398-0.54
28-Aug-2019Motilal Oswal Long Term Equity Fund -Dir (G)Growth17.5842-0.54
28-Aug-2019Motilal Oswal Long Term Equity Fund -Dir (D)Dividend15.6623-0.54

Source: Motilal Oswal

Top Holdings of Motilal Oswal Long Term Equity Fund

Top 10 Holdings

EntityWeightage
HDFC Bank Limited9.08
ICICI Bank Limited6.1
Housing Development Finance Corporation Limited5.99
Infosys Limited5.91
Larsen & Toubro Limited5.28
HDFC Life Insurance Company Limited4.32
Asian Paints Limited3.98
Kotak Mahindra Bank Limited3.97
Kotak Mahindra Bank Limited3.93
Axis Bank Limited3.44

(Data as on 31-Jul-2019)

Source: Motilal Oswal

Industry Classification

Banks6.22%
Finance5.84%
Consumer Non-Durables5.44%
Software4.53%
Consumer Durables4.37%
Auto3.77%
Construction Project3.61%
Textile Products3.52%
Pesticides3.36%
Pharmaceuticals2.61%
Cash and Equivalent5.42%

(Data as on 31-Jul-2019)

Source: Motilal Oswal

Why Invest in Motilal Oswal Long Term Equity Fund

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.

How to Invest in Motilal Oswal Long Term Equity Fund

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.

Documents Required for Motilal Oswal Long Term Equity Fund

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:

  • PAN card
  • Aadhaar card
  • Specimen signature
  • Passport size photo

Who is Eligible to Invest in Motilal Oswal Long Term Equity Fund?

The following entities are eligible to subscribe to the units of this scheme:

  1. Resident adult individuals,
  2. Minors through Parents/Lawful Guardian.
  3. Hindu Undivided Family through its Karta.
  4. Partnership Firms in the name of any one of the partners.
  5. Proprietorship in the name of the sole proprietor.
  6. Companies, Body Corporate, Societies, Body of Individuals, Association of Persons, Clubs and PSUs registered in India if authorized and permitted to invest under applicable laws and regulations.
  7. Banks and Financial Institutions.
  8. Mutual Fund schemes registered with SEBI.
  9. Non-Resident Indians / Persons of Indian Origin residing abroad on repatriation basis and on non-repatriation basis. NRIs and PIOs who are residents of the U.S. and Canada are not permitted to invest in the Schemes of MOMF.
  10. Foreign Institutional Investors registered with SEBI on repatriation basis (subject to RBI approval) and Foreign Portfolio Investor
  11. Charitable or Religious Trusts, Wakf Boards or endowments of private trusts and private trusts authorized to invest in units of MF schemes under their trust deeds.

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.