Motilal Oswal Digital India Fund Review – Motilal Oswal Digital India Fund Review Direct NFO Open on 11 October 2024 and Close on 25 October 2024. Motilal Oswal Digital India Fund Direct NFO Allotment Date is 04 November 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹500. The Minimum SIP Investment Amount is ₹500.
Type of the Scheme
An open-ended equity scheme investing in Digital space focusing on Technology, Telecom, Media, Entertainment and other related ancillary sectors.
Scheme Benchmark : BSE Teck TRI – The performance of the Scheme will be benchmarked against BSE Teck TRI as the scheme will invests primarily following technology and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other companies engaged in or leveraging digitisation. Total Return variant of the index (TRI) will be used for performance comparison.
Motilal Oswal Digital India Fund Scheme Benchmark
| Constituent | Symbol | Sector |
|---|---|---|
| INFOSYS LTD. | 500209 | Information Technology |
| BHARTI AIRTEL LTD. | 532454 | Telecommunication |
| TATA CONSULTANCY SERVICES LTD. | 532540 | Information Technology |
| HCL TECHNOLOGIES LTD. | 532281 | Information Technology |
| TECH MAHINDRA LTD. | 532755 | Information Technology |
| WIPRO LTD. | 507685 | Information Technology |
| PERSISTENT SYSTEMS LTD. | 533179 | Information Technology |
| LTIMindtree Limited | 540005 | Information Technology |
| INDUS TOWERS LIMITED | 534816 | Telecommunication |
| COFORGE LIMITED | 532541 | Information Technology |
Motilal Oswal Digital India Fund Important Date
| Scheme Offer | Motilal Oswal Digital India Fund |
|---|---|
| Offer Price | Rs. 10/- per Unit |
| Type of Scheme | An open-ended |
| Open Date | 11 Oct 2024 |
| Close Date | 25 Oct 2024 |
| Allotment Date | 04 Nov 2024 |
| Category | Thematic Fund |
| Min Inv ₹ | ₹500 |
| Lock in Period | N/A |
| Risk | Very High |
| Scheme Benchmark | BSE Teck TRI |
Investment Objective of the Scheme ?
The primary investment objective of the scheme is to generate long term growth of capital by predominantly investing in digital and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other companies engaged in or leveraging digitisation.
Motilal Oswal Digital India Fund Other Details
| Exit Load | 1% |
|---|---|
| Exit Load Details | Exit load of 1%, if redeemed within 3 months |
| Entry Load | N/A |
| Stamp Duty | 0.005% |
| Min. Investment | Rs. 500 |
| Min. SIP | Rs. 500 |
Motilal Oswal Digital India Fund Asset Allocation
| Instruments | Allocation Min | Allocation Max |
|---|---|---|
| Equity & Equity related instruments of technology driven companies engaged in the digitization space | 80% | 100% |
| Equity & Equity related instruments of Other than above companies | 0% | 20% |
| Debt and Money Market instruments (including cash and cash equivalents) | 0% | 20% |
| Units issued by REITs and InvITs | 0% | 10% |
| Units of Mutual Funds | 0% | 5% |
Manager Manage the Scheme?
Fund Manger : Ajay Khandelwal
Qualification : 1. CFA Level 3 2. PGDM – MBA – TAPMI, Manipal 3. B.E. – Electrical Engineer – MITS, Gwalior
Experience : Ajay has a 13 years’ experience in fund management and research related activity. Prior to joining Motilal Oswal Asset Management Company Limited he has worked with Canara Robeco Asset Management Company Limited handling Small Cap Fund.
Fund Manger : Niket Shah
Qualification : Masters in Business Administratio n (MBA – Finance)
Experience : Niket has 13 years of overall experience. Motilal Oswal Asset Management Company Ltd.– Vice President – Associate Fund Manager. Motilal Oswal Securities Ltd. – Head of Midcaps Research. Edelweiss Securities Ltd – Research Analyst – Midcaps. Religare Capital Markets Ltd – Associate Research Analyst – Midcaps.
Fund Manger : Santosh Singh
Qualification : CA from ICAI and CFA from CFA Institute
Experience : Mr. Singh has an overall experience of over 15 years. Mr. Singh was associated with Haitong International Securities Ltd. as Head of Research and Lead Analyst from 2015 to 2018 (years), where he was responsible for Research product and overall Research strategy.
Fund Manger : Atul Mehra
Qualification : CFA Charterholder, CFA Institute, Charlottesville, Virginia, USA Masters in commerce; Mumbai University Bachelor’s in commerce, Mumbai University, HR College of Commerce and Economics.
Experience : Atul has over 15 years of overall experience. Motilal Oswal Asset Management Company Ltd – Senior Vice President – Fund Manager – PMS and AIFs. (2013 – present)
Edelweiss Capital Ltd – Research Analyst (2008-13).
Fund Manger : Rakesh Shetty
Qualification : Bachelors of Commerce (B.Com)
Experience : Rakesh Shetty has more than 14 years of overall experience and expertise in trading in equity, debt segment, Exchange Trade Fund’s management, Corporate Treasury and Banking.
Fund Manger : Mr. Sunil Sawant
Qualification : Master of Commerce (M. Com).
Experience : Sunil has been associated with the Company since 2018 for Alternates Business as Dealer.
Motilal Oswal Digital India Fund Index Return
| Index Return | QTD | YTD | 1 Year | 5 Years | 10 Years |
|---|---|---|---|---|---|
| Price Return | 14.71 | 23.53 | 36.06 | 20.80 | 12.77 |
| Total Return | 15.09 | 24.99 | 38.50 | 22.92 | 14.76 |
Where Will the Scheme Invest ?
- Equity and Equity Related Securities.
- Debt and Money Market instruments (including cash and cash equivalents).
- Derivatives as may be permitted by SEBI / RBI.
- Foreign Securities including units of overseas mutual fund schemes / Overseas ETFs.
- Units of REITs and InvITs.
- Units of Mutual Fund.
- Any other instruments as may be permitted by RBI / SEBI regulatory authorities under prevailing Laws from time to time.
Also Read: Mirae Asset Nifty LargeMidcap 250 Index Fund Review
Motilal Oswal Digital India Fund Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower- B, Plot 31-32, Gachibowli, Financial
District, Nanakramguda, Serilingampally, Hyderabad500 032, Telangana, India.
Tel No.: +91 40 6716 2222
Website: Www.Kfintech.Com
Email: Hoacfoods.Ipo@Kfintech.Com
Investor Grievance Email:Einward.Ris@Kfintech.Com
Contact Person: Mr. M Murali Krishna
