Motilal Oswal Long Term Equity Fund - Regular Plan - Growth
Motilal Oswal Long Term Equity Fund - Regular Plan - Growth5Morning Star
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Min amount: ₹5,000
- Save up to Rs 46,800 in taxes every year.
- Highest returns compared to other 80C investments.
- Lowest lock-in of 3 years
|Tax Saving FD||PPF||ELSS|
|Average Annualised Returns i||6%||8%||12%|
|Tax rates i||30%||Not taxable||10%*|
|Returns after tax i||4.2%||8.00%||10.80%|
|Current rate of Inflation i||4%||4%||4%|
|Real Rate of Return i||0.2%||4.00%||6.80%|
|Lock-in Period i||5 years||15 years||3 years|
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Risk||Moderately High risk|
|Fund Type||ELSS (Tax Savings)|
More about this fund
|ICICI Bank Ltd||9.74%|
|HDFC Bank Ltd||8.39%|
|Axis Bank Ltd||7.22%|
|Larsen & Toubro Ltd||5.03%|
|Maruti Suzuki India Ltd||4.41%|
|AU Small Finance Bank Ltd||4.32%|
|Jubilant Foodworks Ltd||4.27%|
|United Breweries Ltd||4.16%|
|Torrent Pharmaceuticals Ltd||4.01%|
|Hindustan Unilever Ltd||3.6%|
About Motilal Oswal Long Term Fund
Motilal Oswal Long Term Fund is an open-ended Equity Linked Savings Scheme (ELSS) which comes with a statutory lock-in period of 3 years. It invests primarily in equity and equity-related securities across industry sizes and sectors. The fund aims at wealth creation over the long term coupled with tax advantage. The fund managers Pick stocks of high quality businesses based on QGLP evaluation technique. The scheme does not guarantee assured returns due to presence of market risks.
Pros & Cons of Motilal Oswal Long Term Fund
Motilal Oswal Long Term Fund offers the following benefits:
- Save upto ?46,800 in taxes under section 80C of Income Tax Act, 1961 (by investing in ELSS funds)
- Shortest lock-in period allows the fund manager to take better decision and look through the interim volatility.
- Being a star-rated fund, it has given exceptionally high returns in the 3 year time horizon. However, the fund was unable to contain losses in 3 month and 1 year horizon.
Fund Information and Statistics of Motilal Oswal Long Term Fund
i) Inception / Launch date
Motilal Oswal Long Term Fund was launched on 21 January 2015 by Motilal Oswal Mutual Fund.
ii) Risk level
Being a multi-cap fund, Motilal Oswal Long Term Fund is a moderately high risk bet and suitable for investors who have a long-term investment horizon of more than 5 years.
Redemption of Units can be made only after the expiry of the lock-in period of three years from the date of allotment of units which the holder has proposed to redeem. It will be done by a repurchase/buyback by the fund house. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days from date of receipt of request.
iv) Fund Manager
Mr. Gautam Sinha Roy and Mr. Abhiroop Mukherjee, who hold a rich experience in fund management, are jointly managing the Motilal Oswal Long Term Fund since December 2015.
v) Entry / Exit load
The fund house does not charge any entry load and exit load for investing in Motilal Oswal Long Term Fund.
Tax benefits of investing in Motilal Oswal Long Term Fund
Motilal Oswal Long Term Fund has a lock-in period of three years which is the lowest amongst all other tax saving alternatives available in India. It helps you to claim a tax deduction of up to Rs. 1.5 lakhs under Section 80C from your Gross Total Income and enables saving taxes up to Rs. 46,800.
About Motilal Oswal Mutual Fund
Motilal Oswal Mutual Fund house was incorporated on 14 November 2008 and currently Mr. Aashish Somaiyaa is the MD & CEO of the fund house. The fund house generally focuses on “buy-right” and “sit-right” investment opportunities. The sponsor of the fund house is Motilal Oswal Financial Services Limited.
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Min amount: ₹5,000
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns