Motilal Oswal Nifty Alpha 50 ETF · NSE:MOALPHA50
Motilal Oswal Nifty Alpha 50 ETF — Motilal Oswal Dynamic Fund — Investor Presentation (May 2022)
27 slides from Motilal Oswal Nifty Alpha 50 ETF's investor presentation, May 31, 2022
Slide 1: Motilal Oswal Dynamic Fund
Motilal Oswal Dynamic Fund 31st May, 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? Fear and greed
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 4% 3% Asset Allocation Instruments Weightage (%) 16% Equity & Equity Related 68.9% Derivatives -14.6% 9% Net Equity 54.3% REIT & INVIT 8.8% Bonds, NCDs & State Government Securities 15.9% Money Market Instrument (CD,CBLO & Treasury Bill) 2.8% Cash & Cash Equivalents 3.5% Ca
Slide 13: Portfolio – Current Equity Holdings
Portfolio – Current Equity Holdings Net Equity Holdings Script Weightage (%) Dr. Reddy's Laboratories Limited 2.2% Script Weightage (%) Motherson Sumi Systems Limited 2.1% SBI Cards and Payment Services Limited 4.89% G R Infraprojects Limited 2.1% SBI Life Insurance Company Limited 4.6% UltraTech Ce
Slide 14: Portfolio – Current Debt Alternative Holdings
Portfolio – Current Debt Alternative Holdings REIT/InVit % of Net Assets Average AAA Bond Yield REIT/InVit Yield Advantage Brookfield India Real Estate Trust 3.5% 5.5% 7.5% 2% Embassy Office Parks REIT 3.3% India Grid Trust InvIT Fund 2.1% • Investing for better returns with a similar risk profile •
Slide 15: Portfolio – Current Debt Holdings
Portfolio – Current Debt Holdings Debt Instrument Rating % of Net Asset CBLO % of Net Asset Muthoot Finance Limited ICRA AA+ 3.92% Cholamandalam Investment and Finance Company Ltd ICRA AA+ 2.88% CBLO 2.8% HDB Financial Services Limited CRISIL AAA 2.82% National Bank For Agriculture and Rural Develop
Slide 16: Portfolio – Sector Allocation and Debt Quants
Portfolio – Sector Allocation and Debt Quants Sector Allocation (As per Net Equity) Debt Quant Indicators Finance 13.2% Banks 10.6% Average Maturity 1.39 Yrs Insurance 7.2% YTM 6.28% IT - Software 6.5% Macaulay Duration 1.21 Yrs Construction 6.1% Modified Duration 1.13 Yrs Auto Components 4.3% Pharm
Slide 17: Why Systematic Withdrawal Plan (SWP)?
Why Systematic Withdrawal Plan (SWP)? • SWP enables investor to withdraw a regular sum from his investments at fixed percentage of the original investments at a predefined frequency • This is irrespective of the movement in market value of the investments and that would be subject to the availabilit
Slide 18: 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 19: 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 20: 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 21: 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 22: 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 23: Product Labelling
Product Labelling THINK EQUITY 23 THINK MOTILAL OSWAL
Slide 24: Motilal Oswal Mutual Funds: Santosh Singh schemes performance
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 25: Motilal Oswal Mutual Funds: Abhiroop Mukherjee schemes performance
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 26: Motilal Oswal Mutual Funds: Abhiroop Mukherjee schemes performance
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 27: Thank you
Thank you
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