MOSt Shares NASDAQ 100

ProductsMOSt Shares NASDAQ 100
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Investment Objective

The Scheme seeks investment return that corresponds (before fees and expenses) generally to the performance of the NASDAQ-100 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
MOSt Shares NASDAQ 100 ETF 19.17 11917 15.50 15412 20.79 25731 22.30 37103
NASDAQ 100 Index (In INR) (Benchmark) 20.13
12013 15.96 15598 21.00 25947 22.57 37643
Nifty 50 (Additional Benchmark) 13.67 11367 7.11 12290 11.40 17163 8.55 17064
NAV (Rs.) Per Unit ( 383.0351 : as on 30-Sept-2017) 321.4235 248.5265 148.8619 103.2365


Date of inception: 29-Mar-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 Regular Plan Growth option. Different plans have different expense structure.

This scheme is currently managed by Mr. Swapnil Mayekar. He has been managing this fund since 10-Aug-2015

Returns for one year are absolute. Returns for more than one year are compounded annualized; 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. Date of inception is deemed to be date of allotment. Past performance may or may not be sustained in the future. 

Scheme Details

Type of Scheme : An Open Ended Index Exchange Traded Fund

Benchmark : NASDAQ-100 Index

Allocation:Under normal circumstances, the asset allocation pattern of the Scheme is as follows:

Instruments Indicative allocations ( % of total assets) Risk Profile
Minimum Maximum High/Medium/Low
Securities constituting NASDAQ-100 Index 95 100 Medium to High
Overseas Debt and Money market instruments and cash at call, Mutual fund schemes or exchange traded funds based on NASDAQ-100 0 5 Low to Medium

The above stated percentage are indicative and not absolute.

The Scheme may take an exposure to derivatives of the Underlying Index or constituents of the Underlying Index for short duration when the securities of the Underlying Index are unavailable, insufficient or for rebalancing at the time of change in Underlying Index or in case of corporate actions. The total exposure to derivatives would be restricted to 10% of the net assets of the Scheme. The aggregate asset allocation including exposure to derivatives will not exceed 100% of net assets of the Scheme. The margin paid for derivative instruments will form part of Debt and Money market Instruments. All overseas investments mentioned above would comply with the provisions of SEBI circular dated September 26, 2007 and such circulars issued from time to time.

Fund Manager : Mr. Swapnil Mayekar

About Fund Manager :Mr. Swapnil Mayekar, MCom. from Mumbai University and Advanced Diploma in Business Administration from Welingkar,Mumbai. He has been with Motilal Oswal Asset Management Company Limited since 2010. Mr. Swapnil Mayekar has previously worked with Business Standard Limited.

Other Funds Managed by Mr. Swapnil Mayekar: : Foreign Securities in Motilal Oswal MOSt Focused Multicap 35 Fund.

Date of Allotment: 29th March 2011

Entry Load: Nil

Exit Load: Nil

Tracking Error*: 0.15% (Annualised)

Total Expense Ratio^ : 1.50% p.a

Standard Deviation: 13.87 (Annualised)

Sharpe Ratio#: 0.68 (Annualised)

Portfolio Turnover Ratio: 0.21        

Beta: 0.97

Monthly AAUM : 74.63

Latest AUM (30th Sept 2017) : 65.88



*Against the benchmark NASDAQ-100 Index. 

^Total Expense ratio excluding GST and are as on 30-Sept-2017

# Risk free returns based on last overnight MIBOR cut-off of 6.05%

Continuous Offer

An investor can sell its units of the Scheme directly to the Fund for a period of1 trading week with an exit load of 1% of NAV of the Scheme, under either ofthe following circumstances :

 

1.  When the average discount, of the volume weighted tradedprice to the volume weighted indicative NAV over a period of 1 trading week isgreater than 3%, or

 

2.  When the total bid size on the exchange(s) is less than50,000 units daily, averaged over a period of 1 trading week. 


On BSE and NSE:: 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. 1,00,000 units and in multiples thereafter.

Portfolio

(Data as on 31-Oct-2017)

Industry Classification as recommended by AMFI

Top 10 holdings % to Net Assets
Apple 12.07
Microsoft Corporation 9.05
Amazon.com 7.48
Facebook 5.98
Alphabet INC-Class C 4.96
Alphabet INC-Class A 4.32
Intel Corporation 2.92
Comcast Corporation 2.41
Cisco Systems 2.39
Amgen 1.79

(Data as on 31-Oct-2017)

Product Labeling

This product is suitable for investors who are seeking*

  • return that corresponds generally to the performance of the NASDAQ 100 Index, subject to tracking error
  • investment in equity securities of NASDAQ 100                                                                                                                                                                  *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
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