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:
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*: 0.16% (Annualised)
Total Expense Ratio^ : 1.50% p.a
Standard Deviation: 14.38 (Annualised)
Sharpe Ratio#: 0.66 (Annualised)
Portfolio Turnover Ratio: 0.06
Monthly AAUM : 68.52
Latest AUM (28th February 2017) : 69.36
*Against the benchmark NASDAQ-100 Index.
^Total Expense ratio excluding ST, SBC and KKC and are as on 28-February-2017
# Risk free returns based on last overnight MIBOR cut-off of 6.05%
(Data as on 28th February 2017)