This 2-Years Old Index Fund Has Given 105.55% Returns Since Its Inception

Equities are the most popular asset class for long-term wealth creation, as they have the potential to generate higher inflation-adjusted returns than fixed-income investments. If the fund is an index fund it might be a good investment for you. In this article, we have given insights into this 2-year-old Nifty 150 Index Fund. The fund has given good returns since its inception.

Motilal Oswal Nifty Midcap 150 Index Fund (MOFMIDCAP) - Direct Plan-Growth

As the name suggests, it is a mid-cap Index fund, launched on 06 September 2019 by the Motilal Oswal Mutual Fund. The fund's Asset Under Management is Worth Rs 460.81. The NAV of this fund declared Rs 20.5549. Whereas its expense ratio is 021%, which is close to its category average, however, it is below the average. 

It is a moderately risky fund for investments, also it doesn't guarantee returns. As this fund is a nifty Midcap 150 Index Fund, it seeks an investment return that corresponds to the performance of the Nifty Midcap 150 Index subject to tracking error. Investment in this fund for 7 years or more can offer good returns. 

 

Absolute And Annualised Returns

Lump-Sum Investment Returns

In the last 1-year, the fund has given 26.44% returns. Whereas, since its launch, it has delivered 32.13% average annual returns, which is almost 3 times higher than its annual category average returns.

Investment Period	Absolute Returns	Annualised Returns
1 Year	26.44%	26.44%
2 Year	152.24%	58.82%
Since Inception	105.55%	32.28%

SIP Returns

SIP Period	Absolute Returns	Annualised Returns
1 Year	8.98%	17.04%
2 Year	44.64%	40.06%

Portfolio

The fund is invested in Indian stocks to the tune of 100.07 per cent, with 5.75 per cent in large-cap companies, 68.37 per cent in mid-cap stocks, and 13.35 per cent in small-cap equities.

The financial, capital goods, healthcare, energy, and automobile sectors account for the majority of the fund's holdings. In comparison to other funds in the category, it has less exposure to the Financial and Capital Goods sectors.

Adani Gas Ltd., Tata Power Co. Ltd., SRF Ltd., Voltas Ltd., and AU Small Finance Bank Ltd. are among the fund's top holdings.

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.