Motilal Oswal S&P BSE

Enhanced Value ETF and

Index Fund
(An open ended fund replicating/tracking the S&P BSE Enhanced
Value Total Return Index)

Sep 23
Veritable Ecosystem in Financial Services

2
Motilal Oswal AMC Positioning
A lot of Fund Managers construct portfolios that are very close to the benchmark due to fear of significant underperformance

Benchmark Agnostic Benchmark Hugging Benchmark Replicating

Style Active Active Passive

Portfolio Holding Focused Closer to Benchmark Same as benchmark

Alpha Generation
High Low NA
Capacity

Motilal Oswal AMC

Motilal Oswal AMC has benchmark agnostic products in the form of active mutual funds, PMS, AIF along with benchmark
replicating index funds and ETFs

3
Why Motilal Oswal AMC?

Cornerstone of
Investment Philosophy

Focused Strategies Index-based Strategies

Index Funds and ETFs based on first
based on time tested investment framework
principal of

Q G L P Easy Economic Effective

To understand Low cost For wealth
Quality of Growth in Longevity of Price and track cosssst creation
Business & Earnings Quality and nnnnnnn cosssst cosssst
Management nkkkkk Growth nnnnnn

4
 Motilal Oswal AMC in Numbers

• More than 12 lac investors

Investors
• More than 19 lac folios

Active • 10 active funds

Mutual Funds • Total AUM ~20,000 crores

PMS and AIFs • 12 PMS and AIFs

(Alternates) • Total AUM ~15,000 crores

Index-Based Mutual • 29 Index Funds and ETFs

Funds • Total AUM ~15,000 crores

Source/Disclaimer: MOAMC Internal, Data as on 30-Apr-23

5
Introduction to Factors
What are Factors?

A factor is any characteristic that helps explain the long-term risk and return
performance of an asset.

Factors are the foundation of investing - Building blocks in every investing

process.

Commonly known Factors are Low Volatility, Momentum, Quality, and Value

7
What is Factor Investing?

Defining descriptors for each Factor

For e.g., 6M / 12M Price return for Momentum

Establishing rules to select a portfolio of companies

using these descriptors

Applying these rules to create portfolios

periodically – for e.g., semi-annually

What factor investing isn’t – Ambiguous !

8
Why Factors Matter?

Alpha

Alpha Factor
Return

Portfolio
Return
Market Market
Return Return

Pre 1960s 1960s – 1990s Now

9
 Factor Industry growth

2017

Source: BlackRock, Simfund for mutual fund data, BlackRock for ETF data, eVestment and Preqin for institutional and alternative data.
Mutual fund and ETF data as of 12/31/17, eVestment and Preqin as of 9/30/17. Excludes fund of funds. Projections exclude the impact of beta.

10
Winners keep changing

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023*
Low Vol Value Quality Quality Value Mom. Mom. Low Vol Value Mom. Low Vol Mom. Low Vol Value Value Value
-41.7% 125.5% 30.0% -9.6% 42.3% 12.9% 49.6% 13.5% 16.6% 57.5% 8.7% 10.6% 26.8% 56.9% 26.3% 31.4%

Quality Quality Low Vol Low Vol Mom. Quality Quality Quality Mom. Value Nifty 200 Nifty 200 Quality Mom. Quality Mom.
-44.8% 104.0% 26.1% -12.7% 38.8% 11.6% 44.9% 13.2% 9.6% 46.0% 0.3% 10.0% 26.0% 53.8% 13.0% 20.1%

Value Low Vol Value Mom. Nifty 200 Low Vol Low Vol Mom. Quality Quality Mom. Low Vol Mom. Nifty 200 Nifty 200 Low Vol
-52.4% 89.2% 25.4% -16.1% 33.6% 11.0% 42.9% 10.8% 7.4% 39.7% -1.7% 5.3% 20.0% 28.9% 4.9% 15.0%

Nifty 200 Nifty 200 Mom. Nifty 200 Quality Nifty 200 Value Nifty 200 Nifty 200 Nifty 200 Quality Quality Nifty 200 Quality Low Vol Quality
-56.1% 88.8% 19.8% -26.1% 32.8% 5.9% 40.0% -0.8% 5.1% 35.2% -3.9% 3.9% 16.8% 19.4% 4.5% 14.9%

Mom. Mom. Nifty 200 Value Low Vol Value Nifty 200 Value Low Vol Low Vol Value Value Value Low Vol Mom. Nifty 200
-60.0% 69.3% 15.6% -39.0% 32.3% -7.0% 37.3% -15.8% 4.4% 30.2% -26.9% -7.3% 12.8% 19.3% -5.4% 10.9%

Low Vol S&P BSE Low Volatility TRI

• No single Factor has outperformed others
Color legend

Value S&P BSE Enhanced Value TRI consistently

Mom. Nifty200 Momentum 30 TRI • Adding Factors to your portfolio can help improve
Quality S&P BSE Quality TRI risk-adjusted returns

Nifty 200 Nifty 200 TRI

Source/Disclaimer: niftyindices, S&P BSE. Performance as of close of 30-Sep-08 to 30-Sep-23 . Performance results have many inherent limitations and no representation is being made that any investor will, or
is likely to achieve. Past performance may or may not be sustained in future. The above graph is used to explain the concept and is for illustration purpose only and should not used for development or
implementation of an investment strategy.

11
Performance across Market Cycles

Market Cycle Value Quality Low Vol Momentum Nifty 200 TRI

Bull 30.4% 25.4% 26.0% 36.9% 28.0%

Bear -48.9% -27.1% -25.6% -38.5% -41.9%

Recovery 45.1% 41.0% 37.8% 38.6% 36.5%

• Momentum tends to significantly outperform in Bull market cycles

• Quality and Low Vol offer good downside protection and tend to outperform in Bear markets
• Value tends to outperform when the market is recovering from a bear phase

Low Vol = S&P BSE Low Volatility TRI

Quality = S&P BSE Quality TRI
Momentum = Nifty200 Momentum 30 TRI
Value = S&P BSE Enhanced Value TRI

Source/Disclaimer: niftyindices, S&P BSE, MOAMC Research. Performance as of close of 30-Sep-08 to 30-Sep-23. All Performance numbers in CAGR. Bear market defined as >20% fall from peak to trough.
Recovery defined as the recovery from trough to previous peak. Bull market defined as rising market after recovery. Performance results have many inherent limitations and no representation is being made that
any investor will, or is likely to achieve. Past performance may or may not be sustained in future. The above graph is used to explain the concept and is for illustration purpose only and should not used for
development or implementation of an investment strategy.

12
The Value Factor
What is Value?

“
Price is what you pay
Value is what you get

”
- Warren Buffet
Understanding the difference between Price & Value
is the core principle of Value investing

14
What is Value investing?

Investing in companies that are relatively “inexpensive” compared to their

fundamentals with a large “margin of safety”

If you want a good deal, you may wait for a mega discount drive on a
shopping website and look for items that are on sale.

Commonly Used Descriptor: P/B, P/E, P/S

15
How does Value investing work?

Value investing is one of the oldest and best-known styles of investing.

It is based on the foundation that “cheap” stocks tend to outperform

“expensive” stocks over the long-term

Wait for market to recognize the mispricing and

correct its course

02

Buy stocks that are trading at Sell stocks when

attractive valuations valuations become expensive

01 03

16
World’s most renowned investors are Value investors

“
“I make no attempt to forecast the market — my
efforts are devoted to finding undervalued
securities.”
– Warren Buffett

“
“All intelligent investing is value investing –
acquiring more than you are paying for”

– Charlie Munger

“
“A great company is not a great investment if
you pay too much for the stock.”

– Benjamin Graham

17
Motilal Oswal S&P BSE Enhanced
Value ETF & Index Fund
Motilal Oswal S&P BSE Enhanced Value ETF

Type of Scheme Investment Objective

An open ended fund replicating/tracking The investment objective of the scheme is
S&P BSE Enhanced Value Total Return to provide returns that, before expenses,
Index correspond to the total returns of the
securities as represented by S&P BSE
Enhanced Value TRI, subject to tracking
Minimum Application lot size error. However, there is no guarantee or
On Exchange – Investors can buy/sell units assurance that the investment objective of
of the Scheme in round lot of 1 unit and in the scheme will be achieved
multiples thereafter
(BSE: 543576, NSE: MOVALUE)
Exit Load
Directly with Mutual Fund – Buy/sell units
Nil
of the Scheme where the
subscription/redemption amount is in
excess of INR 25 crs.

Inception Date Fund Manager

22-Aug-2022 Mr. Swapnil Mayekar &
Mr. Rakesh Shetty (Debt component)

Benchmark Total Expense Ratio

S&P BSE Enhanced Value TRI Regular – 0.29%

Source/Disclaimer: MOAMC. Data as on 30-Sep-23 Mutual funds are subject to market risk, read all scheme documents carefully

19
Motilal Oswal S&P BSE Enhanced Value Index Fund

Type of Scheme Investment Objective

An open ended fund replicating/tracking The investment objective of the scheme is
S&P BSE Enhanced value Total Return Index to provide returns that, before expenses,
correspond to the total returns of the
securities as represented by S&P BSE
Enhanced Value TRI, subject to tracking
Minimum Application Amount error. However, there is no guarantee or
Lumpsum and SIP – Rs 500/- and in assurance that the investment objective of
multiples of Re 1/- thereafter the scheme will be achieved
Ongoing basis:
Lumpsum and SIP – Rs 500/- and in
Exit Load
multiples of Re 1/- thereafter
1% if redeemed on or before 15 days from
allotment date, Nil if redeemed after 15
days from allotment date

Inception Date Fund Manager

22-Aug-2022 Mr. Swapnil Mayekar &
Mr. Rakesh Shetty (debt component)

Benchmark Total Expense Ratio

S&P BSE Enhanced Value TRI Direct – 0.35% , Regular – 1.00%

Source/Disclaimer: MOAMC. Data as on 30-Sep-23 Mutual funds are subject to market risk, read all scheme documents carefully

20
S&P BSE Enhanced Value Index
Index methodology

Constituents of
S&P BSE LargeMmidCap Index

Top 30 companies Stock eight cap – 5% Rebalanced in

basis Value Score* Sector weight cap – 30% March and September

S&P BSE Enhanced Value

Index

Source/Disclaimer: S&P BSE. Data as on 30-Sep-23 *Computed using equal weighted average of P/B, P/E, and P/S scores. Index launch date – 03-Dec-15; Index base date – 16-Sep-05. . For detailed
methodology visiti S&Pglobal.com

22
Historical Performance
S&P BSE Enhanced Value TRI has seen similar long-term performance as the S&P BSE LargeMidCap TRI

S&P BSE Enhanced Value TRI S&P BSE LargeMidCap Index TRI

1,200

1,000

800

600

400

200

Source/Disclaimer: niftyindices, S&P BSE. Performance as of close of 16-Sep-05 to 30-Sep-23 . Performance results have many inherent limitations and no representation is being made that any investor will, or
is likely to achieve. Past performance may or may not be sustained in future. The above graph is used to explain the concept and is for illustration purpose only and should not used for development or
implementation of an investment strategy.

23
Calendar Year Returns
S&P BSE Enhanced Value TRI has outperformed the S&P BSE LargeMidCap TRI in 11 out of last 16 years*

Calendar Year Returns

S&P BSE Enhanced Value TRI S&P BSE LargeMidCap Index TRI

125.5%

100.2%
88.3%

62.4%
56.9%
42.3% 46.0%
32.8%
40.0%
35.7% 34.2% 28.3% 31.4%
25.4% 26.3%
18.1%
16.6% 12.8%16.9%
5.5% 10.3% 11.2%
7.1% 1.1% 5.7%

-0.5%
-7.0% -7.3%
-15.8%
-25.3%
-26.9%
-39.0%
-52.4%
-54.4%

Source/Disclaimer: S&P BSE. Performance as of close of 31-Dec-06 to 30-Sep-23 . Performance results have many inherent limitations and no representation is being made that any investor will, or is likely to
achieve. Past performance may or may not be sustained in future. The above graph is used to explain the concept and is for illustration purpose only and should not used for development or implementation of
an investment strategy.

24
Drawdown
S&P BSE Enhanced Value TRI has historically seen drawdown for longer period than S&P BSE LargeMidCap TRI

S&P BSE LargeMidCap Index TRI S&P BSE Enhanced Value TRI

0%

-10%

-20%

-30%

-40%

-50%

-60%

-70%

Source/Disclaimer: S&P BSE: Performance as of close of 16-Sep-05 to 30-Sep-23. Performance results have many inherent limitations and no representation is being made that any investor will, or is likely to
achieve. Past performance may or may not be sustained in future. The above graph is used to explain the concept and is for illustration purpose only and should not used for development or implementation of
an investment strategy.

25
Risk-Return Profile

Data Label 1 year 3 year 5 year 10 year 15 year

S&P BSE Enhanced Value TRI 59.4% 52.1% 21.9% 17.4% 14.4%
CAGR
S&P BSE LargeMidcap Index TRI 16.3% 23.2% 14.4% 15.3% 13.5%

S&P BSE Enhanced Value TRI 15.6% 21.5% 25.4% 24.4% 25.8%
Annualised
Volatility
S&P BSE LargeMidcap Index TRI 10.1% 14.8% 18.9% 16.3% 19.4%

S&P BSE Enhanced Value TRI 3.808 2.423 0.864 0.713 0.556
Risk Adjusted
Returns
S&P BSE LargeMidcap Index TRI 1.620 1.567 0.763 0.939 0.693

Source/Disclaimer: S&P BSE: Performance as of close of 30-Sep-08 to 30-Sep-23. Performance results have many inherent limitations and no representation is being made that any investor will, or is likely to
achieve. Past performance may or may not be sustained in future. The above graph is used to explain the concept and is for illustration purpose only and should not used for development or implementation of
an investment strategy.

26
Performance vs Nifty 50

Data Label 1 year 3 year 5 year 10 year 15 year

S&P BSE Enhanced Value TRI 59.4% 52.1% 21.9% 17.4% 14.4%
CAGR
Nifty 50 TR Index 16.1% 21.9% 13.8% 14.5% 12.7%

S&P BSE Enhanced Value TRI 15.6% 21.5% 25.4% 24.4% 25.8%
Annualised
Volatility
Nifty 50 TR Index 10.1% 14.9% 19.2% 16.5% 20.0%

S&P BSE Enhanced Value TRI 3.808 2.423 0.864 0.713 0.556
Risk Adjusted
Returns
Nifty 50 TR Index 1.592 1.470 0.716 0.877 0.634

Source/Disclaimer: S&P BSE: Performance as of close of 30-Sep-08 to 30-Sep-23. Performance results have many inherent limitations and no representation is being made that any investor will, or is likely to
achieve. Past performance may or may not be sustained in future. The above graph is used to explain the concept and is for illustration purpose only and should not used for development or implementation of
an investment strategy.

27
Index SIP Returns

S&P BSE Enhanced Value

1 Year 3 Year 5 Year 10 Year
TRI
Returns 60.5% 39.4% 34.2% 18.6%

Amount Invested 1,20,000 3,60,000 6,00,000 12,00,000

Market Value 1,55,968 6,24,899 13,81,603 31,85,215

Data as of close of Sep 30, 2023 For SIP returns, monthly investment of INR 10,000/- invested on the first business
day of every month has been considered. Performance is calculated using Total Return Index, with zero cost/expenses.
Past performance may or may not be sustained in the future

Source/Disclaimer: S&P BSE: Performance as of close of 01-Oct-13 to 30-Sep-23. Performance results have many inherent limitations and no representation is being made that any investor will, or is likely to
achieve. Past performance may or may not be sustained in future. The above graph is used to explain the concept and is for illustration purpose only and should not used for development or implementation of
an investment strategy. The SIP amount, tenure of SIP, expected rate of return are assumed figures for the purpose of explaining the concept of advantages of SIP investments. The actual result may vary from
depicted results depending on scheme selected. It should not be construed to be indicative of scheme performance in any manner. The above are not scheme SIP returns, but simulation of index SIP returns.
Past performance may or may not be sustained in future.

28
Rolling return
3 Year Rolling Returns 5 Year Rolling Returns

S&P BSE Enhanced S&P BSE S&P BSE S&P BSE

Value TRI LargeMidcap TRI Enhanced Value TRI LargeMidcap TRI

Average 17.4% 12.2% 17.5% 12.0%

Median 17.4% 12.6% 17.3% 12.8%
Min -4.1% -7.6% 1.7% -1.7%
Max 43.2% 33.4% 31.2% 23.7%
Returns Range % of Total Observation

Negative 2.2% 4.3% 0.0% 0.2%

0% to 10% 12.6% 30.5% 4.9% 31.1%
10% to 15% 18.3% 31.5% 26.4% 41.3%
15% to 20% 85.2% 33.7% 65.2% 21.6% 95.1% 35.0% 68.7% 24.7%
Above 20% 33.3% 12.0% 33.7% 2.7%

Source/Disclaimer: S&P BSE. 250 trading days assumed in one year. niftyindices, S&P BSE. Performance as of close of 16-Sep-05 to 30-Sep-23 . Performance results have many inherent limitations and no
representation is being made that any investor will, or is likely to achieve. Past performance may or may not be sustained in future. The above graph is used to explain the concept and is for illustration purpose
only and should not used for development or implementation of an investment strategy.

29
S&P BSE Enhanced Value Index Composition

Top 10 Constituents Macro-Economic Sectors (AMFI): S&P BSE

Enhanced Value Index

S. No. Constituent Name Weight Financial Services 34.7

Energy 32.6
1 NTPC Ltd 8.1%

2 State Bank of India 8.0% Commodities 23.3

3 Oil & Natural Gas Corp Ltd 8.0% Utilities 8.1

4 Hindalco Industries Ltd 7.9% Consumer Discretionary 1.3

5 Tata Steel Ltd 7.6% Services -

6 Coal India Ltd 5.9% Healthcare -

7 Indian Oil Corp Ltd 5.5% Telecommunication -

8 Bharat Petroleum Corp Ltd 4.7% Fast Moving Consumer Goods -

9 Bank of Baroda 3.9% Information Technology -

10 Power Finance Corp Ltd 3.9%

Industrials -

-- 63.5%
Diversified -

Source/Disclaimer: S&P BSE. Data as on 30-Sep-23 Macro Economic Sectors as per AMFI Industry Classification. The stocks/sectors mentioned above are used to explain the concept and is for illustration
purpose only and should not be used for development or implementation of an investment strategy. The stock may or may not be part of our portfolio/strategy/ schemes. It should not be construed as
investment advice to any party. Past performance may or may not be sustained in future.

30
Value works when nothing else is

When other Factors are underperforming, Value tends to outperform

1 year Excess Rolling Returns

S&P BSE Enhanced Value TRI S&P BSE Quality TRI S&P BSE Low Volatility TRI Nifty200 Momentum 30 TRI

100%

80%

60%

40%

20%

0%

-20%

-40%

-60%

Source/Disclaimer: niftyindices, S&P BSE. Performance as of close of 16-Sep-05 to 30-Sep-23 . Performance results have many inherent limitations and no representation is being made that any investor will, or
is likely to achieve. Past performance may or may not be sustained in future. The above graph is used to explain the concept and is for illustration purpose only and should not used for development or
implementation of an investment strategy.

31
The Return of Value?
After stellar performance in 2000s, Value was an underperformer in the 2010s.
However, there has been a sharp turnaround with Value showing significant outperformance since the beginning of 2020s

S&P BSE Enhanced Value TRI S&P BSE LargeMidCap Index TRI

33.3%

24.1%

20.1%

16.3%

10.3%

3.2%

2000s 2010s 2020s

(16-Sep-05 to 31-Dec-09) (31-Dec-09 to 31-Dec-19) (31-Dec-19 to 29-Sep-23)

Source/Disclaimer: niftyindices, S&P BSE. Performance as of close of 16-Sep-05 to 30-Sep-23 . Performance results have many inherent limitations and no representation is being made that any investor will, or
is likely to achieve. Past performance may or may not be sustained in future. The above graph is used to explain the concept and is for illustration purpose only and should not used for development or
implementation of an investment strategy.

32
True to Label – Cheaper than Nifty 50

P/E Ratio
Nifty 50 Index S&P BSE Enhanced Value Index

40
20
0

P/B Ratio Dividend Yield %

5.0 8.0
4.0 6.0
3.0
4.0
2.0
2.0
1.0
0.0 0.0

Source/Disclaimer: niftyindices, S&P BSE. Performance as of close of 31-Dec-20 to 30-Sep-23 . Performance results have many inherent limitations and no representation is being made that any investor will, or
is likely to achieve. Past performance may or may not be sustained in future. The above graph is used to explain the concept and is for illustration purpose only and should not used for development or
implementation of an investment strategy.

33
Why should you invest?

Good way to take Offers diversification

advantage of benefit vs other
market recovery Factors

Potential to benefit
from turnaround of True to Label
(Pure Value exposure)
Value

34
Product Suitability
Name of the Scheme
Motilal Oswal S&P BSE
Enhanced Value ETF
(An open ended fund
replicating / tracking the S&P
BSE Enhanced Value Total
Return Index
BSE:543576, NSE: MOVALUE)
Motilal Oswal S&P BSE
Enhanced Value Index Fund
(An open ended fund
replicating / tracking the S&P
BSE Enhanced Value Total
Return Index)
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them..
35
This product is suitable for
Scheme Riskometer Benchmark Riskometer
investors who are seeking*
Fund S&P BSE Enhanced Value Total Return
Index
• Return that corresponds to the total
returns of the S&P BSE Enhanced Value
Total Return Index subject to tracking
error
• Long term capital growth
Fund S&P BSE Enhanced Value Total Return
Index
• Return that corresponds to the total
returns of the S&P BSE Enhanced Value
Total Return Index subject to tracking
error
• Long term capital growth
Annexure
Skew towards Energy & Financials

S&P BSE Enhanced Value Index has historically been overweight on the Energy & Financial Services sectors

Commodities Consumer Discretionary Energy Fast Moving Consumer Goods Healthcare

Financial Services Information Technology Industrials Utilities Diversified
Telecommunication Services Hospital Pharmaceuticals

29-Sep-23 23% 1% 33% 35% 8%

31-Mar-23

30-Sep-22

31-Mar-22

30-Sep-21

31-Mar-21

30-Sep-20

31-Mar-20

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Source/Disclaimer: S&P BSE. Data from 31-Mar-20 to 30-Sep-23 Macro Economic Sectors as per AMFI Industry Classification as on 31-Dec-21. The stocks/sectors mentioned above are used to explain the
concept and is for illustration purpose only and should not be used for development or implementation of an investment strategy. The sectors may or may not be part of our portfolio/strategy/schemes. It
should not be construed as investment advice to any party.

37
Good blend of Large and Midcaps

S&P BSE Enhanced Value Index has historically has a good mix of Large and Midcaps

Large Cap Mid Cap Small Cap

29-Sep-23 72% 28%

31-Mar-23

30-Sep-22

31-Mar-22

30-Sep-21

31-Mar-21

30-Sep-20

31-Mar-20

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Source/Disclaimer: S&P BSE. Data from 31-Mar-20 to 30-Sep-23 Macro Economic Sectors as per AMFI Industry Classification. The stocks/sectors mentioned above are used to explain the concept and is for
illustration purpose only and should not be used for development or implementation of an investment strategy. The sectors may or may not be part of our portfolio/strategy/schemes. It should not be construed
as investment advice to any party.

38
Complementary Factors – Value & Momentum
Historical data suggests that Value outperforms when Momentum underperforms and vice versa

1 year Excess Rolling Returns

S&P BSE Enhanced Value TRI Nifty200 Momentum 30 TRI

100%

80%

60%

40%

20%

0%

-20%

-40%

-60%

Source/Disclaimer: S&P BSE: Performance as of close of 16-Sep-05 to 30-Sep-23. Performance results have many inherent limitations and no representation is being made that any investor will, or is likely to
achieve. Past performance may or may not be sustained in future. The above graph is used to explain the concept and is for illustration purpose only and should not used for development or implementation of
an investment strategy.

39
Combining Value + Momentum
A 50:50 combination of Value and Momentum helps reduce cyclicality of both factors

1 year Excess Rolling Returns

S&P BSE Enhanced Value TRI Nifty200 Momentum 30 TRI Enhanced Value:Momentum (50:50)

100%

80%

60%

40%

20%

0%

-20%

-40%

-60%

Source/Disclaimer: S&P BSE: Performance as of close of 16-Sep-05 to 30-Sep-23. Performance results have many inherent limitations and no representation is being made that any investor will, or is likely to
achieve. Past performance may or may not be sustained in future. The above graph is used to explain the concept and is for illustration purpose only and should not used for development or implementation of
an investment strategy.

40
Combining Value + Momentum

Data Label 1 year 3 year 5 year 10 year 15 year

Enhanced Value:Momentum
40.9% 38.4% 20.3% 19.8% 17.1%
(50:50)
CAGR
S&P BSE LargeMidCap Index TRI 16.3% 23.2% 14.4% 15.3% 13.5%

Enhanced Value:Momentum
13.7% 18.9% 21.6% 20.1% 21.3%
(50:50) Annualised
Volatility
S&P BSE LargeMidCap Index TRI 10.1% 14.8% 18.9% 16.3% 19.4%

Enhanced Value:Momentum
2.985 2.024 0.941 0.982 0.805
(50:50) Risk Adjusted
Returns
S&P BSE LargeMidCap Index TRI 1.620 1.567 0.763 0.939 0.693

Momentum = Nifty200 Momentum 30 TRI

Value = S&P BSE Enhanced Value TRI

Source/Disclaimer: S&P BSE: Performance as of close of 30-Sep-08 to 30-Sep-23. Performance results have many inherent limitations and no representation is being made that any investor will, or is likely to
achieve. Past performance may or may not be sustained in future. The above graph is used to explain the concept and is for illustration purpose only and should not used for development or implementation of
an investment strategy.

41
Factor Correlation (Last 15 years)
The lower correlation within the individual Factors provides good diversification benefit

Calendar Year Returns

150%
Correlation with Nifty 200 TRI:
125% Momentum = 91.5%
Value = 85.9%
100% Quality = 91.7%
Low Vol = 91.5%
75%

50% S&P BSE Enhanced Value TRI

S&P BSE Quality TRI
25%
S&P BSE Low Volatility TRI
0% Nifty200 Momentum 30 TRI

-25%

-50%

-75%

Low Vol = S&P BSE Low Volatility TRI

Quality = S&P BSE Quality TRI
Momentum = Nifty200 Momentum 30 TRI
Value = S&P BSE Enhanced Value TRI

Source/Disclaimer: S&P BSE: Performance as of close of 31-Dec-06 to 30-Sep-23. *2023 till year to date. Performance results have many inherent limitations and no representation is being made that any
investor will, or is likely to achieve. Past performance may or may not be sustained in future. The above graph is used to explain the concept and is for illustration purpose only and should not used for
development or implementation of an investment strategy.

42
Risk-Return Profile

S&P BSE Enhanced S&P BSE Low Nifty200 Momentum

Data Label S&P BSE Quality TRI Nifty 200 TRI
Value TRI Volatility TRI 30 TRI

1 year 59.4% 20.1% 21.3% 22.1% 15.9%

Annualized

3 year 52.1% 23.7% 18.3% 25.5% 22.9%

Returns

5 year 21.9% 15.5% 14.6% 18.0% 14.1%

10 year 17.4% 17.8% 17.1% 21.5% 15.4%

15 year 14.4% 18.8% 17.3% 18.9% 13.2%

1 year 15.6% 9.7% 8.3% 13.1% 10.1%

Annualized

3 year 21.5% 13.5% 11.6% 18.7% 14.8%

Volatility

5 year 25.4% 16.3% 14.6% 20.6% 18.8%

10 year 24.4% 14.5% 13.0% 18.7% 16.4%

15 year 25.8% 16.1% 14.6% 19.4% 19.5%

Source/Disclaimer: S&P BSE: Performance as of close of 30-Sep-08 to 30-Sep-23. Performance results have many inherent limitations and no representation is being made that any investor will, or is likely to
achieve. Past performance may or may not be sustained in future. The above graph is used to explain the concept and is for illustration purpose only and should not used for development or implementation of
an investment strategy.

43
Index Methodology

Index Objective: The S&P BSE Enhanced Value Index is designed to measure the performance of the 30 companies in the S&P
BSE LargeMidCap with the most attractive valuations, as measured by P/E, P/B, and P/S ratios.

Universe
Constituents of S&P BSE LargeMidCap Index

Eligibility
Size & Liquidity- Float-adjusted MCap of ₹20 billion and
History - Minimum listing history of 1 year
Annualized Traded Value of ₹10 billion

Stock selection
Selection - Top 30 stocks with the most attractive
Factor – Equal weighted P/E,P/B, and P/S scores
valuations are selected

Weighting & Rebalancing

Capping – Stock level cap- 5% Rebalancing
Weights - FF MCap * Value Score
Sector: Level cap - 30% Semi-annual (Mar and Sep)

Source/Disclaimer: S&P BSE. Data as on 30-Sep-23 *Computed using equal weighted average of P/B, P/E, and P/S scores. Index launch date – 03-Dec-15; Index base date – 16-Sep-05. . For detailed
methodology visiti S&Pglobal.com

44
Index Methodology

S&P BSE Quality Index Nifty200 Momentum 30 Index S&P BSE Low Volatility Index S&P BSE Enhanced Value Index

Constituents 30 30 30 30

Universe S&P BSE LargeMidCap Nifty 200 S&P BSE LargeMidCap S&P BSE LargeMidCap

1. Listing history of 1 year

Float-adjusted MCap of ₹20 billion
Eligibility Criteria and annualized traded value of ₹10
billion
1. Listing history of 1 year Float-adjusted MCap of ₹20 billion
2. Float-adjusted MCap of ₹20
2. Available for trading in and annualized traded value of ₹10
billion and annualized traded
derivative segment billion
value of ₹10 billion

Normalized quality score based on Normalised value score based on

6-month and 12-month price
Score RoE, Financial leverage, Accruals Volatility over the prior one year book value-to-price, earnings-to-
return, adjusted for volatility
ratio price and sales-to-price

FF MCap * Normalised Momentum Inversely proportional to the

Weightage FF MCap * Quality Score FF MCap * Value Score
Score stock's volatility

Stock: Lower of 5% or 20 x FF Stock: Lower of 5% or 20 x FF

Capping Mcap, Minimum at 0.05% Lower of 5% or 5 x FF Mcap 5% Mcap, Minimum at 0.05%
Sector: 30% Sector: 30%

Semi-annually in March and Semi-annually in June and Semi-annually in March and Semi-annually in March and
Reconstitution
September December September September

Source/Disclaimer: S&P BSE, niftyindices. Data as on 30-Sep-23 For detailed methodology please visit asiaindex.co.in and niftyindices.com. The above table is used to explain the concept and is for illustration
purpose only and should not be used for development or implementation of an investment strategy.

45
Motilal Oswal Factor Schemes
Performance
Motilal Oswal S&P BSE Enhanced Value ETF Performance
Lumpsum Performance
6 Months 3 Year 5 Year 7 Year Since Inception
Current Value Current Value
Simple Current Value Current Value of Current Value of
of of
annualized CAGR (%) CAGR (%) of Investment CAGR (%) Investment of CAGR (%) Investment of
Investment Investment
(%) of Rs. 10,000 of Rs. 10,000
of Rs. 10,000 Rs. 10,000 Rs. 10,000

Motilal Oswal S&P BSE Enhanced Value ETF 58.8 15,857 - - - - - - 52.5 15,933

S&P BSE Enhanced Value TRI 59.6 15,940 - - - - - - 53.4 16,035

Nifty 50 TRI 16.1 11,606 - - - - - - 12.1 11,343

NAV (Rs.) Per Unit as on: (29-Sep-2023)

40.719 - - - 40.526
64.5687
Date of Inception: 22-Aug-2022

SIP Performance
1 Year 3 Year 5 Year Since Inception
S&P BSE S&P BSE S&P BSE S&P BSE
Nifty 50 Nifty 50 Nifty 50
Scheme Enhanced Scheme Enhanced Nifty 50 TRI Scheme Enhanced Scheme Enhanced
TRI TRI TRI
Value TRI Value TRI Value TRI Value TRI

Invested amount (₹) 1,20,000 1,20,000 1,20,000 - - - - - - 1,30,000 1,30,000 1,30,000

Market value (₹) 1,55,462 1,55,968 1,29,901 - - - - - - 1,70,682 1,71,271 1,41,211

Returns (CAGR %) 59.6% 60.5% 15.8% - - - - - - 57.6% 58.5% 15.2%

Source/Disclaimer: MOAMC. Data as on 30-Sep-23 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. For SIP returns, monthly investment of INR 10,000/- invested on the first business day of every month has been considered. Mr.
Swapnil Mayekar is the Fund Manager since Inception and he manages 21 schemes of Motilal Oswal Mutual Fund.

47
Motilal Oswal S&P BSE Enhanced Value Index Fund Performance – Regular
Plan
Lumpsum Performance
6 Months 3 Year 5 Year 7 Year Since Inception
Current Value Current Value
Simple Current Value Current Value of Current Value of
of of
annualized CAGR (%) CAGR (%) of Investment CAGR (%) Investment of CAGR (%) Investment of
Investment Investment
(%) of Rs. 10,000 of Rs. 10,000
of Rs. 10,000 Rs. 10,000 Rs. 10,000

Motilal Oswal S&P BSE Enhanced Value

56.8 15,662 - - - - - - 50.6 15,717
Index Fund - Regular
S&P BSE Enhanced Value TRI 59.6 15,940 - - - - - - 53.4 16,035

Nifty 50 TRI 16.1 11,606 - - - - - - 12.1 11,343

NAV (Rs.) Per Unit as on: (29-Sep-2023)

10.035 - - - 10.000
15.7171
Date of Inception: 22-Aug-2022

SIP Performance
1 Year 3 Year 5 Year Since Inception
S&P BSE S&P BSE S&P BSE S&P BSE
Nifty 50 Nifty 50 Nifty 50
Scheme Enhanced Scheme Enhanced Nifty 50 TRI Scheme Enhanced Scheme Enhanced
TRI TRI TRI
Value TRI Value TRI Value TRI Value TRI

Invested amount (₹) 1,20,000 1,20,000 1,20,000 - - - - - - 1,30,000 1,30,000 1,30,000

Market value (₹) 1,54,468 1,55,968 1,29,901 - - - - - - 1,69,497 1,71,271 1,41,211

Returns (CAGR %) 57.8% 60.5% 15.8% - - - - - - 55.9% 58.5% 15.2%

Source/Disclaimer: MOAMC. Data as on 30-Sep-23 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. For SIP returns, monthly investment of INR 10,000/- invested on the first business day of every month has been considered. Mr.
Swapnil Mayekar is the Fund Manager since Inception and he manages 21 schemes of Motilal Oswal Mutual Fund.

48
Performance of other schemes managed by Swapnil Mayekar

Name of Fund Manager: Swapnil Mayekar

Period 1 year 3 year 5 year
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Return (%) Return (%) Return (%) Return (%) Return (%) Return (%)

Motilal Oswal S&P BSE Enhanced Value ETF 58.8 59.6 - - - -

Motilal Oswal NASDAQ 100 Fund of Fund 37.1 35.2 12.9 14.4 - -

Motilal Oswal Nifty Midcap 100 ETF (Formerly known as

32.9 33.1 34.4 34.9 19.4 19.8
Motilal Oswal Midcap 100 ETF)

Motilal Oswal Nifty Next 50 Index Fund 5.9 6.9 18.2 19.5 - -

Motilal Oswal Nifty Bank Index Fund 15.4 16.4 26.9 28.5 - -

Motilal Oswal Nifty 50 Index Fund 15.4 16.1 21.0 21.9 - -

Note:

a. Swapnil Mayekar manages 21 schemes of Motilal Oswal Mutual Fund.

b. In case the number of schemes managed by a fund manager is more than six, performance data of top 3 and bottom 3 schemes
managed by fund manager has been provided herein.
c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of
advertisement.
d. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan.

Source/Disclaimer: MOAMC. Data as on 30-Sep-23 . Past performance may or may not be sustained in the future. Performance is for Regular Plan Growth Option. Different plans have different expense structure.

49
Performance of other schemes managed by Rakesh Shetty

Name of Fund Manager: Rakesh Shetty

Period 1 year 3 year 5 year
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Return (%) Return (%) Return (%) Return (%) Return (%) Return (%)

Motilal Oswal S&P BSE Enhanced Value ETF# 58.8 59.6 - - - -

Motilal Oswal NASDAQ 100 Fund of Fund# 37.1 35.2 12.9 14.4 - -

Motilal Oswal Large and Midcap Fund# 30.1 22.0 29.8 27.5 - -

Motilal Oswal Ultra Short Term Fund 5.6 7.5 3.7 5.5 2.8 6.3

Motilal Oswal Liquid Fund 6.5 6.9 4.3 4.9 - -

Motilal Oswal Nifty 5 Year G-Sec Fund of Fund 6.7 7.6 - - - -

Note:

a. Rakesh Shetty manages 29 schemes of Motilal Oswal Mutual Fund.

b. In case the number of schemes managed by a fund manager is more than six, performance data of top 3 and bottom 3 schemes
managed by fund manager has been provided herein.
c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of
advertisement.
d. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan.

Source/Disclaimer: MOAMC. Data as on 30-Sep-23 . #Only debt component is managed by Rakesh Shetty. Past performance may or may not be sustained in the future. Performance is for Regular Plan Growth
Option. Different plans have different expense structure.

50
Motilal Oswal Passive Fund Offerings
Motilal Oswal Passive Fund Offerings

52
Motilal Oswal Passive Fund Offerings

53
Motilal Oswal Passive Fund Offerings

54
Motilal Oswal Passive Fund Offerings

55
Product Suitability
Name of the Scheme
Motilal Oswal Nifty 50 Index Fund
(An open ended scheme replicating /
tracking Nifty 50 Total Return Index)
Motilal Oswal Nifty Next 50 Index
Fund
(An open ended scheme replicating /
tracking Nifty Next 50 Total Return
Index)
Motilal Oswal Nifty Midcap 150 Index
Fund
(An open ended scheme replicating /
tracking Nifty Midcap 150 Total Return
Index)
Motilal Oswal Nifty Smallcap 250
Index Fund
(An open ended scheme replicating /
tracking Nifty Smallcap 250 Total Return
Index)
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
56
This product is suitable for investors who are
Scheme Riskometer Benchmark Riskometer
seeking*
Fund Nifty 50 Total Return Index
• Return that corresponds to the performance of Nifty 50
Index subject to tracking error
• Investment in equity securities of Nifty 50 Total Return Index
Fund Nifty Next 50 Total Return Index
• Return that corresponds to the performance of Nifty Next 50
Total Return Index subject to tracking error
• Equity and Equity related securities covered by Nifty Next
50 Total Return Index
• Long-term capital growth
Fund Nifty Midcap 150 Total Return Index
• Return that corresponds to the performance of Nifty Midcap
150 Index subject to tracking error
• Equity and Equity related securities covered by Nifty Midcap
150 Total Return Index
• Long-term capital growth
Fund Nifty Smallcap 250 Total Return Index
• Return that corresponds to the performance of Nifty
Smallcap 250 Total Return Index subject to tracking error
• Equity and Equity related securities covered by Nifty
Smallcap 250 Total Return Index
• Long-term capital growth
Product Suitability
Name of the Scheme
Motilal Oswal Nifty 500 Index Fund
(formerly known as Motilal Oswal Nifty 500
Fund) (An open ended scheme
replicating / tracking Nifty 500 Total
Return Index)
Motilal Oswal Nifty 50 ETF
(Formerly known as Motilal Oswal M50
ETF) (An open ended scheme
replicating/tracking Nifty 50 Total Return
Index) BSE: 590115, NSE: MOM50
Motilal Oswal Nifty Midcap 100 ETF
(Formerly known as Motilal Oswal Nifty
Midcap 100 ETF) (An open ended scheme
replicating/tracking Nifty Midcap 100
Total Return Index) BSE: 536960, NSE:
MOM100
Motilal Oswal Nifty Bank Index Fund
(An open ended scheme replicating /
tracking Nifty Bank Total Return Index)
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
57
This product is suitable for investors who are
Scheme Riskometer Benchmark Riskometer
seeking*
Fund Nifty 500 Total Return Index
• Return that corresponds to the performance of Nifty 500
Index subject to tracking error
• Equity and Equity related securities covered by Nifty 500
Total Return Index
• Long-term capital growth
Fund Nifty 50 Total Return Index
• Return that corresponds to the performance of the Nifty 50 Total
Return Index subject to tracking error and forex movement
• Investment in equity securities of Nifty 50 Total Return
Index
Fund Nifty Midcap 100 Total Return Index
• Return that corresponds to the performance of Nifty Midcap
100 Total Return Index, subject to tracking error
• Investment in equity securities of Nifty Midcap 100 Total
Return Index
Fund Nifty Bank Total Return Index
• Return that corresponds to the performance of Nifty Bank
Index, subject to tracking error
• Investment in equity securities of Nifty Bank Total Return Index
Product Suitability
Name of the Scheme
Motilal Oswal S&P 500 Index Fund
(An open ended scheme replicating /
tracking S&P 500 Total Return Index)
Motilal Oswal NASDAQ 100 ETF
(An open ended scheme
replicating/tracking NASDAQ-100 Total
Return Index)
BSE: 533385, NSE: MOFN100)
Motilal Oswal NASDAQ 100 Fund of
Fund
(An open ended fund of fund scheme
investing in Motilal Oswal Nasdaq 100
ETF)
Motilal Oswal Asset Allocation
Passive Fund of Fund – Aggressive
(An open ended fund of funds scheme
investing in passive funds)
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
58
This product is suitable for investors who are
Scheme Riskometer Benchmark Riskometer
seeking*
Fund S&P 500 Total Return Index
• Return that corresponds to the performance of S&P 500
Index subject to tracking error
• Investment in equity securities of S&P 500 Index
Fund NASDAQ 100 Total Return Index
• Return that corresponds generally to the performance of
NASDAQ 100 Index subject to tracking error
• Investment in equity securities of NASDAQ 100 Index
Fund NASDAQ 100 Total Return Index
• Long term capital appreciation
• Return that corresponds to the performance of Motilal
Oswal NASDAQ 100 ETF (MON100) Scheme through
investment in units of MON100
Fund 50% Nifty 500 TRI + 20% S&P 500 TRI (INR) + 10%
Domestic Price of Gold + 20% Nifty 5 Yr Benchmark G-Sec
• To generate long term growth/capital appreciation by
Index
offering asset allocation
• Investment solution that predominantly invests in passive
funds such as ETF/Index Funds of equity and equity related
instruments (domestic as well as international), fixed
income and Gold
Product Suitability
Name of the Scheme
Motilal Oswal Asset Allocation
Passive Fund of Fund – Conservative
(An open ended fund of funds scheme
investing in passive funds)
Motilal Oswal Nifty 5 YR Benchmark G
Sec ETF (formerly known as Motilal
Oswal 5 Year G – Sec ETF)
(An open ended scheme
replicating/tracking Nifty 5 yr
Benchmark G-Sec Total Return Index)
(A-III A relatively low interest rate risk
and relatively low credit risk)
BSE: 543250, NSE: MOGSEC
Motilal Oswal 5 Year G-Sec Fund of
Fund
(An open ended fund of funds scheme
investing in units of Motilal Oswal Nifty
5 YR Benchmark G-Sec ETF) (A-III A
relatively low interest rate risk and
relatively low credit risk)
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
59
This product is suitable for investors who are
Scheme Riskometer Benchmark Riskometer
seeking*
Fund 30% Nifty 500 TRI + 10% S&P 500 TRI (INR) + 10%
Domestic Price of Gold + 50% Nifty 5 Yr Benchmark G-Sec
• To generate long term growth/capital appreciation by offering Index
asset allocation
• Investment solution that predominantly invests in passive
funds such as ETF/Index Funds of equity and equity related
instruments (domestic as well as international), fixed
income and Gold
Fund Nifty 5 yr Benchmark G-Sec Total Return Index
• Return that corresponds to the performance of the Nifty 5 yr
Benchmark G-Sec Total Return Index, subject to tracking
error
• Investment in securities of Nifty 5 yr Benchmark G-sec
Total Return Index
Fund Nifty 5 yr Benchmark G-Sec Total Return Index
• Long term capital appreciation
• Return that corresponds generally to the performance of the
Scheme, Motilal Oswal 5 Year G-Sec Fund of Fund through
investment in units of Motilal Oswal Nifty 5 YR Benchmark G-Sec
ETF
Product Suitability
This product is suitable for investors who are
Name of the Scheme Scheme Riskometer Benchmark Riskometer
seeking*
Fund MSCI EAFE Top 100 Select Index
Motilal Oswal MSCI EAFE Top 100
Select Index Fund • Returns that corresponds to the performance of MSCI EAFE
(An open ended scheme replicating/ Top 100 Select Index, subject to tracking error.
• Long term capital growth.
tracking MSCI EAFE Top 100 Select
Index)

Fund NASDAQ Q-50 Total Return Index

Motilal Oswal NASDAQ Q 50 ETF

• Return that corresponds to the performance of the NASDAQ
(An open ended scheme replicating/ Q-50 TR Index subject to tracking error and forex
tracking Nasdaq Q-50 TR Index) BSE: movement.
• Long term capital growth.
543437, NSE: MONQ50

Fund Nifty 200 Momentum 30 Total Return Index

Motilal Oswal Nifty 200 Momentum 30
ETF
• Return that corresponds to the total returns of the Nifty 200
(An open ended fund replicating / Momentum 30 Total Return Index subject to tracking error
tracking the Nifty 200 Momentum 30
• Long term capital growth
Total Return Index (BSE: 543465, NSE:
MOMOMENTUM)
Fund Nifty 200 Momentum 30 Total Return Index
Motilal Oswal Nifty 200 Momentum 30
Index Fund • Return that corresponds to the total returns of the Nifty 200
Momentum 30 Total Return Index subject to tracking error
(An open ended fund replicating /
tracking the Nifty 200 Momentum 30 • Long term capital growth
Total Return Index)

*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

60
Product Suitability
This product is suitable for investors who are
Name of the Scheme Scheme Riskometer Benchmark Riskometer
seeking*
Fund S&P BSE Low Volatility Total Return Index
Motilal Oswal S&P BSE Low Volatility
ETF
• Return that corresponds to the total returns of the S&P BSE
(An open ended fund replicating / Low Volatility Total Return Index subject to tracking error
tracking the S&P BSE Low Volatility
• Long term capital growth
Total Return Index BSE: 543501, NSE:
MOLOWVOL)
Fund S&P BSE Low Volatility Total Return Index
Motilal Oswal S&P BSE Low Volatility
Index Fund • Return that corresponds to the total returns of the S&P BSE
Low Volatility Total Return Index subject to tracking error
(An open ended fund replicating /
tracking the S&P BSE Low Volatility • Long term capital growth
Total Return Index)

Fund S&P BSE Financials ex Bank 30 Total Return Index

Motilal Oswal S&P BSE Financials ex
Bank 30 Index Fund
(An open ended fund replicating /
tracking the S&P BSE Financials ex
Bank 30 Total Return Index)
• Return that corresponds to the total returns of the S&P BSE
Financials ex Bank 30 Total Return Index subject to tracking
error
• Long term capital growth

Motilal Oswal S&P BSE Healthcare Fund S&P BSE Healthcare Total Return Index

ETF
• Return that corresponds to the total returns of the S&P BSE
(An open ended fund replicating / Healthcare Total Return Index subject to tracking error
tracking the S&P BSE Healthcare Total
• Long term capital growth
Return Index) BSE: 543563, NSE:
MOHEALTH

*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

61
Product Suitability
Name of the Scheme
Motilal Oswal S&P BSE Quality ETF
(An open ended fund replicating /
tracking the S&P BSE Quality Total
Return Index)
BSE: 543577, NSE: MOQUALITY
This product is suitable for investors who are
Scheme Riskometer Benchmark Riskometer
seeking*
Fund S&P BSE Quality Total Return Index
• Return that corresponds to the total returns of the S&P BSE
Quality Total Return Index subject to tracking error
• Long term capital growth

Fund S&P BSE Quality Total Return Index

Motilal Oswal S&P BSE Quality Index
Fund • Return that corresponds to the total returns of the S&P BSE
Quality Total Return Index subject to tracking error
(An open ended fund replicating /
tracking the S&P BSE Quality Total • Long term capital growth
Return Index)

Motilal Oswal S&P BSE Enhanced Fund S&P BSE Enhanced Value Total Return Index

Value ETF
• Return that corresponds to the total returns of the S&P BSE
(An open ended fund replicating / Enhanced Value Total Return Index subject to tracking error
tracking the S&P BSE Enhanced Value
• Long term capital growth
Total Return Index)
BSE:543576, NSE: MOVALUE

Fund S&P BSE Enhanced Value Total Return Index

Motilal Oswal S&P BSE Enhanced
Value Index Fund • Return that corresponds to the total returns of the S&P BSE
Enhanced Value Total Return Index subject to tracking error
(An open ended fund replicating /
tracking the S&P BSE Enhanced Value • Long term capital growth
Total Return Index)

*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

62
Product Suitability
Name of the Scheme
Motilal Oswal Gold and Silver ETFs
Fund of Funds
(An open ended fund of funds scheme
investing in units of gold and silver
exchange traded funds)
This product is suitable for investors who are
Scheme Riskometer Benchmark Riskometer
seeking*
Fund LBMA Price of Gold and Silver
• Long term capital appreciation
• Return that corresponds to the performance of the
underlying Schemes of Gold ETF and Silver ETF

Fund Nifty Microcap 250 Total Return Index

Motilal Oswal Nifty Microcap 250
Index Fund • Return that corresponds to the total returns of of Nifty
Microcap 250 Total Return Index, subject to tracking error
(An open ended scheme replicating /
tracking Nifty Microcap 250 Total Return • Long-term capital growth
Index)

Motilal Oswal S&P Developed Fund S&P Developed Ex-U.S. BMI Total Return Index

markets Ex-US FoF

• To Invest in global ETFs which track the performance of
(An open-ended fund of funds scheme Developed market ex-US
investing in units of Global ETFs which
• Long-term capital growth
track the performance of Developed
Markets excluding US)

Fund Nifty 500 Total Return Index

Motilal Oswal Nifty 500 ETF • Return that corresponds to the total returns of of Nifty 500
Total Return Index, subject to tracking error
(An open ended scheme replicating /
tracking Nifty 500 Total Return Index) • Long-term capital growth

*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

63
Thank you

“An investor might be Better off buying the market”

- By Warren Buffett

Contact Us -

Speak: +91-22 40548002 | 8108622222

Write: mfservice@motilaloswal.com
Visit: www.motilaloswalmf.com

64