Motilal Oswal Midcap 100 ETF

ProductsMotilal Oswal Midcap 100 ETF
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Investment Objective

The Scheme seeks investment return that corresponds (before fees and expenses) to the performance of Nifty Midcap 100 Index (Underlying Index), subject to tracking error. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved

Performance

1 Year      3 Years      5 Years      Since Inception
CAGR (%) Current Value of Investment of Rs 10000 CAGR (%) Current Value of Investment of Rs 10000 CAGR (%) Current Value of Investment of Rs 10000 CAGR (%) Current Value of Investment of Rs 10000
MOFM100 1.86 10186 11.49 13857 20.00 24878 12.30 23642
Nifty Midcap 100 Index (Benchmark) 3.57 10357 13.13 14481 21.32 26280 13.31 25261
Nifty 50 (Additional Benchmark) 14.09 11409 10.00 13309 14.30 19507 10.77 21349
NAV (Rs.) Per Unit ( 18.7304 as on 30-June-2018) 18.3876 13.5172 7.5288 7.9225

Date of inception: 31-Jan-11. Incase, the start/end date of the concerned period is non business date (NBD), the NAV of the previous date is considered for computation of returns. The NAV per unit shown in the table is as on the start date of the said period. Past performance may or may not be sustained in the future. Performance is for Growth option. This scheme is currently managed by Mr. Ashish Agarwal. He has been managing this fund since 23-Nov-2016. 
Scheme Details

Type of Scheme : An Open Ended scheme replicating Nifty Midcap 100 Index

Benchmark : Nifty Midcap 100 Index

Allocation:

Instruments Indicative allocations ( % of total assets) Risk Profile
Minimum Maximum High/Medium/Low
Securities constituting Nifty Midcap 100 Index

95

100

Medium to High

Debt and Money market instruments and cash to all

0

5

Low to Medium

The above stated percentages are indicative and not absolute

The Scheme may take an exposure to equity derivatives of constituents of the Underlying Index for short duration when securities of the Index are unavailable, insufficient or for rebalancing at the time of change in Index or in case of corporate actions. When constituents securities of underlying Index are available again, derivative positions in these securities would be unwound. The total exposure to derivatives would be restricted to 10% of the net assets of the Scheme. The margin paid for derivative instruments will form part of Debt and Money market Instruments.

Methodology and illustration of sale and repurchase price of units

a) Methodology of calculating sale price: The price or NAV, an investor is charged while investing in an open-ended scheme is called sale or subscription price. Pursuant to SEBI Circular dated June 30, 2009, no entry load will be charged by the scheme to the investors. Therefore, sale or subscription price = Applicable NAV (for respective plan and option of the scheme)

Example: An investor invests Rs. 10,000/- and the current NAV is Rs. 10/- then the purchase price will be Rs. 10/- and the investor receives 10,000/10 = 1000 units


b) Methodology of calculating repurchase price of units: Repurchase or redemption price is the price or NAV at which an open-ended scheme purchases or redeems its units from the investors. It may include exit load, if applicable. The exit load, if any, shall be charged as a percentage of Net Assets Value (NAV) i.e. applicable load as a percentage of NAV will be deducted from the "Applicable NAV" to calculate the repurchase price. Therefore, repurchase or redemption price = Applicable NAV * (1- Exit Load, if any)

Example: If the applicable NAV is Rs. 10 and a 2% exit load is charged, the redemption price per unit will be calculated as follows: = Rs. 10 * (1-0.02) = Rs. 10 * (0.98) = Rs. 9.80

Fund Manager : Mr. Ashish Agarwal

Date of Allotment: 31st January 2011

Entry Load: Nil

Exit Load: Nil

Tracking Error*: 0.22% (Annualised)

Total Expense Ratio : 0.20% p.a

Standard Deviation: 15.92 (Annualised)

Sharpe Ratio#: 0.33 (Annualised)

Portfolio Turnover Ratio: 0.72

Beta: 0.97

Monthly AAUM : 21.14

Latest AUM  : 21.42

*Against the benchmark Nifty Midcap 100 Index.

#Risk free returns based on last overnight MIBOR cut-off of 6.00% 

Data as on 31-Oct-2018

Continuous Offer

On Exchange: Investors can buy/sell units of Scheme in round lot of 1 unit and in multiples thereof.

Directly with the Mutual Fund: Investors can buy/sell units of the Scheme only in creation unit size i.e. 1,25,000 units and in multiples thereof.

Portfolio

(Data as on 31-Oct-2018)

Industry Classification as recommended by AMFI

Top 10 holdings % to Net Assets
RBL Bank Limited 2.98
Divi s Laboratories Limited 2.85
Page Industries Limited 2.53
The Federal Bank Limited 2.47
Bharat Forge Limited 2.21
Tata Power Company Limited 2.09
Voltas Limited 1.88
Exide Industries Limited 1.84
Mahindra & Mahindra Financial Services Limited 1.83
Tata Chemicals Limited 1.82

(Data as on 31-Oct-2018)

Product Labeling

This product is suitable for investors who are seeking*

  • return that corresponds generally to the performance of the Nifty Free Float Midcap 100 Index (Underlying Index), subject to tracking error
  • investment in equity securities of Nifty Midcap 100 Index                                                                                                                                                                *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc), you need not undergo the same process again when you approach another intermediary