Motilal Oswal Nifty Alpha 50 ETF · NSE:MOALPHA50
Motilal Oswal Nifty Alpha 50 ETF — Motilal Oswal Dynamic Fund — Investor Presentation (October 2022)
28 slides from Motilal Oswal Nifty Alpha 50 ETF's investor presentation, Oct 31, 2022
Slide 1: Motilal Oswal Dynamic Fund
Motilal Oswal Dynamic Fund 31st October, 2022 Rule Based Asset Allocation
Slide 2: Why Dynamic Funds?
Why Dynamic Funds? Managing Volatility I Volatility is normal feature of market, extreme volatility however needs to be managed Benefit of Asset Allocation Re-balancing II A better risk-reward investing by re-balancing asset allocation to mitigate risk/tap opportunity Buy Low Sell Dear & Fear and Gr
Slide 3: Why Dynamic Funds? Drawdowns
Why Dynamic Funds? Drawdowns are an inherent part of the market which Dynamic Funds use to their advantage by aiming to Buy Low when the market falls and Sell High when the market rises. Drawdown (%) 0 -4 -10 -8 -12 -12 -11 -13 -14 -20 -15 -16 -15 -15 -18 -17 -23 -30 -25 -27 -32 -31 -40 -40 -43 -42
Slide 4: Why Dynamic Funds?
Why Dynamic Funds? Euphoria/ Greed • Investors aim for the golden rule of “Buy Low, Sell High” Optimism • Fear and greed this prevents investors from buying low and selling dear Panic Fear --SELL Source: Internal MOAMC Research.
Slide 5: What Leads to Volatility and Drawdowns?
What Leads to Volatility and Drawdowns? Sector/Thematic Developments Fiscal and Monetary Policy Political Events Liquidity Flows Quarterly Company Results Macro Economic Factors Source: Internal MOAMC Research. Disclaimer:This data should not used for development or implementation of an investment s
Slide 6: Introducing: Motilal Oswal Dynamic Fund
Introducing: Motilal Oswal Dynamic Fund It uses our rule based framework to re-balancing. • We use MOVI – Motilal Oswal Value Index, to gauge net equity investments vis-a-vis market level Higher Equity Allocation • MOVI is the proprietary index of MOAMC calculated using P/E, P/B and D/Y of Nifty 50
Slide 7: Motilal Oswal Valuation Index
Motilal Oswal Valuation Index How will Motilal Oswal Dynamic Fund deploy your money? Equity Debt MOVI Levels Net Equity (%) Arbitrage (%) Instruments (%) Less than 70 100 0 0 Gross Arbitrage 70 <80 85 – 95 0 Upto 5 Equity 65% 100% 0% 80 <90 75 – 85 0 Upto 15 35% 90 <100 60 – 75 0 Upto 25 Money Marke
Slide 8: Motilal Oswal Valuation Index: Covid-19 crisis
Motilal Oswal Valuation Index How does MOVI Magic work? – Covid-19 crisis Net Equity Levels V/S Nifty 50 Would you have increased equity allocation by 30% in March’20? Would you have booked profits upto 30% in June & July’ 20? 12500 84 90 83 12000 11,073 11,388 80 11500 11,962 72 73 11000 11,248 70
Slide 9: Broad Framework – QGLP Philosophy
Broad Framework – QGLP Philosophy Quality of business x Quality of management Growth in earnings • Stable business, preferably consumer facing • Volume growth • Huge business opportunity • Price growth • Sustainable competitive advantage • Mix change • Competent management team Q G • Operating lever
Slide 10: Additional Framework within the QGLP Philosophy
Additional Framework within the QGLP Philosophy Size of Opportunity Growth of Industry Market Share Gain - Glassdoor scores Focus on Cash flow Read annual reports of - Inhouse checklist statement more than P&L last 3 years in forensic - middle level management and BS way - ex-employees Source: Inter
Slide 11: Where do we Invest?
Where do we Invest? Significant Lower volatility Inflation beating Margin Of Equity perception asset class Safety advantage Better risk adjusted returns Focus on yield Wide universe to Actively Debt managed debt while reducing invest including 30 DMA MOVI risk InvITs and REITs delivers more stabilit
Slide 12: Portfolio – Current Split
Portfolio – Current Split 1.1% Asset Allocation 6.8% Instruments Weightage (%) Equity & Equity Related 73.2% 9.8% Cash & Cash Equivalents Derivatives -13.1% Net Equity 60.2% 9.0% Money Market REIT & INVIT 9.0% Instrument (CD,CBLO & Bonds, NCDs & State Government Securities 9.8% Treasury Bill) Bonds,
Slide 13: Portfolio – Current Equity Holdings
Portfolio – Current Equity Holdings Net Equity Holdings Script Weightage (%) Script Weightage (%) MTAR Technologies Limited 2.62% FSN E-Commerce Ventures Limited 2.55% Religare Enterprises Limited 9.2% Zomato Limited 2.46% ZF Commercial Vehicle Control Systems India Limited 3.9% Dr. Reddy's Laborato
Slide 14: Portfolio – Current Debt Alternative Holdings
Portfolio – Current Debt Alternative Holdings • Investing for better returns with a similar risk profile • Expected Yield from the instrument in excess of 6% • Possibility of capital gains capturing the buoyancy and recovery in the sector • Higher liquidity compared to corporate bonds Average AAA Bo
Slide 15: Portfolio – Current Debt Holdings
Portfolio – Current Debt Holdings % of Net Debt Instrument Rating CBLO % of Net Asset Asset Muthoot Finance Limited ICRA AA+ 4.3% CBLO 0.6% HDB Financial Services Limited CRISIL AAA 3.0% Shriram Transport Finance Company Limited CRISIL AA+ 2.5% Britannia Industries Limited CRISIL AAA 0.0% 364 Days T
Slide 16: Portfolio – Sector Allocation and Debt Quants
Portfolio – Sector Allocation and Debt Quants Sector Allocation (As per Net Equity) Debt Quant Indicators Finance 18.2% Average Maturity 1.15 yrs Banks 11.0% YTM 7.28% Insurance 7.6% Macaulay Duration 1.00 yrs Auto Components 7.1% Modified Duration 0.92 yrs IT - Software 6.3% Retailing 5.0% Construc
Slide 17: Fund Managers
Fund Managers For Equity Component: Mr. Santosh Singh • Rich Experience: Mr. Santosh Kumar Singh has over 16 years of experience across his tenure • Experience: Mr. Singh was associated with Haitong International Securities Ltd. as Head of Research and Lead Analyst where he was responsible for Resea
Slide 18: Fund Managers
Fund Managers For Debt Component: Mr. Abhiroop Mukherjee • Rich Experience: Over 11 years of experience in the Debt and Money Market Instruments Securities trading and fund management • Prestigious past experience: His past experience includes stint at PNG Gilts as AVP-WDM dealer • Excellent academi
Slide 19: Fund Facts
Fund Facts Type of the Scheme An open-ended dynamic asset allocation fund Category of the Scheme Dynamic Asset Allocation The investment objective is to generate long term capital appreciation by investing in equity and equity related instruments Investment Objective including equity derivatives, de
Slide 20: Fund Facts
Fund Facts Motilal Oswal Value Index (MOVI) is a proprietary index of Motilal Oswal Asset Management Company Limited (MOAMC). It is calculated taking into account Price to Earnings (P/E), Price to Book (P/B) and Dividend Yield of the Nifty 50 Index. The MOVI is calculated on 30 Daily Moving Average
Slide 21: Disclaimer
Disclaimer This presentation has been prepared and issued on the basis of internal data, publicly available information and other sources believed to be reliable. The information contained in this document is for general purposes only and not a complete disclosure of every material fact and terms an
Slide 22: Product Labelling
Product Labelling For Risk-o-meter and PRC of Other Schemes Managed, please refer to the Factsheet: https://www.motilaloswalmf.com/download/factsheets THINK EQUITY 22 THINK MOTILAL OSWAL
Slide 23: Motilal Oswal Mutual Funds
Motilal Oswal Mutual Funds Performance of other schemes managed by Santosh Singh Name of Fund Manager: Santosh Singh 1 year 3 year 5 year Since Inception Inception Period Scheme Benchmark Scheme Benchmark Scheme Benchmark Scheme Benchmark Date Return (%) Return (%) Return (%) Return (%) Return (%) R
Slide 24: Motilal Oswal Mutual Funds
Motilal Oswal Mutual Funds Performance of other schemes managed by Abhiroop Mukherjee Name of Fund Manager: Abhiroop Mukherjee 1 year 3 year 5 year Since Inception Inception Period Scheme Benchmark Scheme Benchmark Scheme Benchmark Scheme Benchmark Date Return (%) Return (%) Return (%) Return (%) Re
Slide 25: Riskometers of Other Schemes Managed
Motilal Oswal Mutual Funds Riskometers of Other Schemes Managed THINK EQUITY THINK MOTILAL OSWAL
Slide 26: Riskometers of Other Schemes Managed
Motilal Oswal Mutual Funds Riskometers of Other Schemes Managed THINK EQUITY THINK MOTILAL OSWAL
Slide 27: PRC of Other Schemes Managed
Motilal Oswal Mutual Funds PRC of Other Schemes Managed THINK EQUITY THINK MOTILAL OSWAL
Slide 28: Thank you
Thank you
Motilal Oswal Dynamic Fund — Investor Presentation (October 2022) on 6ix