Motilal Oswal ELSS Tax Saver Fund Direct IDCW

Equity
ELSS
Very High Risk
Payout
3Y Lock In
26.07%
3Y annualised
-1.75% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 May 2024₹35.34
Min. SIP amount₹500
Rating4
Fund size₹3,402.11Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns55.6%26.1%22.5%18.9%
Category average37.9%19.0%17.9%NA
Rank with in category543NA
Understand terms

Holdings (30)

NameSectorInstrumentAssets
ServicesEquity7.13%
ServicesEquity6.15%
FinancialEquity5.60%
ConstructionEquity4.67%
FinancialEquity4.46%
HealthcareEquity4.25%
Consumer DiscretionaryEquity4.01%
FinancialEquity3.92%
HealthcareEquity3.58%
DiversifiedEquity3.44%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Exit load is zero
Lock-in period: 3Y
Lower expense ratio: 0.61%
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Higher alpha: 6.69 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y

Expense ratio, exit load and tax

Expense ratio: 0.61%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Niket Shah
Oct 2023 - Present
View details

Education
Mr. Shah is a MBA in Finance
Experience
Prior to joining Motilal Oswal AMC, he was associated with Motilal Oswal Securities Limited as Head of Midcaps Research from February 2013 to March 2018, Edelweiss Securities Ltd. as Research Analyst - Midcaps from March 2010 to January 2013 and Religare Capital Markets Ltd. as Associate Research Analyst - Midcaps from June 2008 to March 2010.
Also manages these schemes

Rakesh Shetty
Nov 2022 - Present
View details

Fund house & investment objective

Fund house contact details

Address
Motilal Oswal Towers - 10th Floor,Rahimtullah Sayani Road,Opposite Parel ST Depot, Prabhadevi, Mumbai 400025
Phone
022-39804238 / 1800-200-6626
Launch Date
29 Dec 2009
E-mail
NA
Motilal Oswal Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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