Fincash » Motilal Oswal Multicap 35 Fund Vs DSPBR Equity Opportunities Fund
Table of Contents
Motilal Oswal Multicap 35 Fund and DSP BlackRock Equity Opportunities Fund both the schemes belong to the diversified category of Equity Funds. Diversified Funds are also known as Multicap or Flexicap funds. These schemes invest their accumulated money in the stocks of companies across Market capitalization, that is, in large-cap, mid-cap, and small cap stocks. As a consequence, these schemes are able to exploit the opportunities available in each of the market-caps and earn maximum returns for their investors. Diversified funds adopt a value or growth style strategy of Investing wherein; they invest in companies whose stock prices are low as compared to their price earning ratio, growth potentials, and much more. So, let us understand the differences between Motilal Oswal Multicap 35 Fund and DSP BlackRock Equity Opportunities Fund through this article.
Motilal Oswal Multicap 35 Fund (earlier known as Motilal Oswal MOSt Focused Multicap 35 Fund) is a diversified fund offered by Motilal Oswal Mutual Fund. The objective of Motilal Oswal Multicap 35 Fund is to invest in stocks of companies across market capitalization and sectors to a maximum of 35 companies and attain for long-term Capital appreciation through it. The scheme uses Nifty 500 TRI Index as its benchmark to construct its Portfolio and was launched on April 28, 2014. Motilal Oswal Multicap 35 Fund is managed by a number of people including Mr. Gautam Roy Sinha and Mr. Swapnil Mayekar. As on March 31, 2018, some of the top constituents of Motilal Oswal Multicap 35 Fund’s portfolio included Maruti Suzuki India Limited, HDFC Bank Limited, IndusInd Bank Limited, Eicher Motors Limited, and Interglobe Aviation Limited. Based on the Asset Allocation objective of the scheme, it invests a minimum of 65% of its accumulated money in equity and equity-related instruments and the remaining in fixed Income and money market instruments.
DSP BlackRock Equity Opportunities Fund's (earlier known as DSP BlackRock Opportunities Fund) investment objective is to achieve capital appreciation in the long-term generated from a portfolio that predominantly consists of stocks forming part of large and mid-cap companies. The scheme was incepted in the month of May 2000 and uses Nifty 500 TRI as its base to build its portfolio. The fund managers managing DSP BlackRock Equity Opportunities Fund are Mr. Rohit Singhania and Mr. Jay Kothari. As per the asset allocation objective of the scheme, it invests a minimum of 35% of its corpus in stocks of large-cap companies, minimum of 35% of its corpus in stocks of mid-cap companies.
The differences between Motilal Oswal Multicap 35 Fund and DSP BlackRock Equity Opportunities Fund are classified into four sections, namely, basics section, performance section, yearly performance section, and other details section. So, let us have an understanding about each of these sections as follows.
Current NAV, Fincash Rating, and scheme category are some of the parameters that form part of the basics section. With respect to the current NAV, it can be said that both the schemes differ significantly. As on April 30, 2018, the NAV of Motilal Oswal Multicap 35 Fund was around INR 27 while of DSP BlackRock Equity Opportunities Fund was nearly INR 223. With respect to Fincash Rating, it can be said that both the schemes are rated as 5-Star schemes. Similarly, on the Basis of scheme category, it can be said that both the schemes belong to the Equity Diversified Category. The summary comparison of the basics section is tabulated as follows.
Parameters Basics NAV Net Assets (Cr) Launch Date Rating Category Sub Cat. Category Rank Risk Expense Ratio Sharpe Ratio Information Ratio Alpha Ratio Benchmark Exit Load Motilal Oswal Multicap 35 Fund
Growth
Fund Details ₹59.4739 ↑ 0.81 (1.38 %) ₹12,024 on 31 Oct 24 28 Apr 14 ☆☆☆☆☆ Equity Multi Cap 5 Moderately High 0.94 2.69 0.49 14.05 Not Available 0-1 Years (1%),1 Years and above(NIL) DSP BlackRock Equity Opportunities Fund
Growth
Fund Details ₹590.481 ↑ 3.00 (0.51 %) ₹13,804 on 31 Oct 24 16 May 00 ☆☆☆☆☆ Equity Large & Mid Cap 4 Moderately High 1.88 2.19 0.1 4.75 Not Available 0-12 Months (1%),12 Months and above(NIL)
Being the second section, it compares the Compounded Annual Growth Rate or CAGR returns between both the schemes. The CAGR returns are compared at various time intervals such as 1 Year Return, 3 Year Return and 5 Year Return. The analysis of the performance section states that in many instances Motilal Oswal Multicap 35 Fund has performed better. The summary comparison of the performance section is as shown in the table given below.
Parameters Performance 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Since launch Motilal Oswal Multicap 35 Fund
Growth
Fund Details -4.6% 4% 16% 45% 18.8% 17.3% 18.4% DSP BlackRock Equity Opportunities Fund
Growth
Fund Details -5.8% -3.8% 8.9% 34.6% 17.7% 20.5% 18.1%
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It is the third section in the comparison that analyzes the differences in the absolute returns generated by both the schemes for a particular year. The comparison of absolute returns states that for certain years Motilal Oswal Multicap 35 Fund leads the race while in others DSP BlackRock Equity Opportunities Fund
Parameters Yearly Performance 2023 2022 2021 2020 2019 Motilal Oswal Multicap 35 Fund
Growth
Fund Details 31% -3% 15.3% 10.3% 7.9% DSP BlackRock Equity Opportunities Fund
Growth
Fund Details 32.5% 4.4% 31.2% 14.2% 11.4%
Being the last section in the comparison, it includes elements such as AUM, minimum SIP and lumpsum investment. There is a drastic significant between the AUM of both the schemes. The AUM of Motilal Oswal Multicap 35 Fund was approximately INR 12,213 Crores and of DSP BlackRock Equity Opportunities Fund was approximately INR 5,069 Crores as of March 31, 2018. Similarly, both the schemes also differ on account of minimum SIP and lumpsum investment. The minimum SIP and lumpsum amount for Motilal Oswal Multicap 35 Fund is INR 1,000 and INR 5,000 respectively. On the other hand, the SIP and lumpsum amount for DSP BlackRock Equity Opportunities Fund is INR 500 and INR 1,000 respectively. The table given below summarizes the comparison of other details section.
Parameters Other Details Min SIP Investment Min Investment Fund Manager Motilal Oswal Multicap 35 Fund
Growth
Fund Details ₹500 ₹5,000 Ajay Khandelwal - 0.08 Yr. DSP BlackRock Equity Opportunities Fund
Growth
Fund Details ₹500 ₹1,000 Rohit Singhania - 9.43 Yr.
Motilal Oswal Multicap 35 Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹9,454 31 Oct 21 ₹12,879 31 Oct 22 ₹12,784 31 Oct 23 ₹14,304 31 Oct 24 ₹21,891 DSP BlackRock Equity Opportunities Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹9,673 31 Oct 21 ₹15,772 31 Oct 22 ₹15,824 31 Oct 23 ₹18,054 31 Oct 24 ₹26,335
Motilal Oswal Multicap 35 Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 2.8% Equity 97.2% Equity Sector Allocation
Sector Value Consumer Cyclical 30.36% Financial Services 19.14% Technology 18.68% Industrials 18.29% Communication Services 9.04% Health Care 1.69% Top Securities Holdings / Portfolio
Name Holding Value Quantity Polycab India Ltd (Industrials)
Equity, Since 31 Jan 24 | POLYCAB10% ₹1,166 Cr 1,800,000
↑ 400,000 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Jan 23 | 50025110% ₹1,158 Cr 1,625,000
↑ 875,000 Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | KALYANKJIL10% ₹1,150 Cr 17,500,000
↑ 136,819 Jio Financial Services Ltd (Financial Services)
Equity, Since 31 Jul 23 | JIOFIN9% ₹1,128 Cr 35,000,000
↑ 3,028,653 Coforge Ltd (Technology)
Equity, Since 31 May 23 | COFORGE9% ₹1,067 Cr 1,400,000
↑ 100,000 Persistent Systems Ltd (Technology)
Equity, Since 31 Mar 23 | PERSISTENT9% ₹1,048 Cr 1,950,000
↑ 75,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Oct 24 | M&M6% ₹709 Cr 2,600,000
↑ 2,600,000 Zomato Ltd (Consumer Cyclical)
Equity, Since 30 Apr 23 | 5433205% ₹633 Cr 26,178,026
↑ 7,678,026 Bharti Airtel Ltd (Partly Paid Rs.1.25) (Communication Services)
Equity, Since 30 Apr 24 | 8901575% ₹603 Cr 5,000,000 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Mar 23 | CHOLAFIN5% ₹573 Cr 4,500,000
↑ 600,000 DSP BlackRock Equity Opportunities Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 2.96% Equity 97.04% Equity Sector Allocation
Sector Value Financial Services 34.19% Basic Materials 10.79% Consumer Cyclical 10.08% Health Care 9.58% Technology 7.4% Industrials 6.96% Energy 5.7% Consumer Defensive 4.33% Utility 4.29% Communication Services 2.7% Real Estate 1.02% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK6% ₹871 Cr 5,018,106
↑ 283,997 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK6% ₹824 Cr 6,374,771
↑ 227,398 State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN3% ₹460 Cr 5,609,940
↑ 432,905 Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 20 | 5322153% ₹438 Cr 3,777,337
↑ 243,822 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Oct 22 | KOTAKBANK3% ₹351 Cr 2,028,950
↑ 231,455 Infosys Ltd (Technology)
Equity, Since 28 Feb 18 | INFY2% ₹301 Cr 1,714,083
↑ 117,771 Coforge Ltd (Technology)
Equity, Since 31 Mar 22 | COFORGE2% ₹291 Cr 382,082
↓ -26,694 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 22 | 5328102% ₹288 Cr 6,334,145
↓ -210,184 Ipca Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 18 | 5244942% ₹280 Cr 1,763,757 Hindustan Petroleum Corp Ltd (Energy)
Equity, Since 30 Jun 22 | HINDPETRO2% ₹279 Cr 7,325,891
↓ -1,644,951
As a result, from the above-mentioned pointers, it can be said that both the schemes differ though they form part of the same category. Consequently, individuals should be careful while choosing any of the schemes for investment. They can consult a financial advisor for their opinion. Also, they should understand the modalities of the scheme completely and check whether it matches their investment objective or not. This will help individuals to attain their objectives on time and in a hassle-free manner.
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