Motilal Oswal Multicap 35 Fund Vs DSP BlackRock Equity Opportunities Fund

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 (Erstwhile Motilal Oswal MOSt Focused Multicap 35 Fund)

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 (Erstwhile DSP BlackRock Opportunities Fund)

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.

Motilal Oswal Multicap 35 Fund Vs DSP BlackRock Equity Opportunities Fund

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.

Basics Section

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.

Performance Section

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.

Yearly Performance Section

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

Other Details Section

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.

Growth of 10k Investments over the years