When it involves making an investment in mutual finances, famous alternatives that often come up for comparison are Mirae Asset Mutual Fund and Motilal Oswal Mutual Fund. Both fund homes have established themselves as full-size players within the Indian mutual fund enterprise, offering a number of investment alternatives to match various investor desires. Let’s delve right into a contrast of those two fund houses to assist investors make an knowledgeable choice.
Mirae Asset Mutual Fund: An Overview
India based Mirae Asset Mutual Fund was inaugurated in the year 2008 and carved out a niche market by delivering steady & diversified mutual fund solutions. Equity funds are a major product at the fund house and particularly, it has excelled in the large cap and multi-cap categories. However, it has a strong focus on research and being sector-specific primarily reflected in its holding of quality stocks in the portfolio, it has been giving healthy returns in the category.
Another area, in which Mirae Asset Mutual Fund has performed appreciably well is in the management of downside risks. This has been witnessed through its funds particularly during bear runs as these outperformed most of their benchmarks as well as competitors. The fund house also has a well-knit fund management team, this means that there will be little change when it comes to the investment strategies as well as the outcomes.
Motilal Oswal Mutual Fund: A Closer Look
On the other hand, there is Motilal Oswal Mutual Fund which was launched in the fiscal 2010-11 and within a short span of time, the mutual fund house has stood in a league of its own with its different plans and thematic funds. The fund house has a special niche in quality growth stocks and have their own set of rules for selecting stocks known as QGLP (Quality, Growth, Longevity, Price).
A major capability that Motilal Oswal Mutual Fund has is that they have a lot of experience in the space of passive funds. It was one of the pioneers to introduce the factor and the strategy-based index funds for those Indian investors who believe in following the rules of the specific factor. It was this focus on passive strategies that has aided Motilal Oswal in achieving differentiation in a highly cut throat competitive market.
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Comparing the Two Fund Houses according to performance
In general, Mirae Asset Mutual Fund has fared well in equity funds especially in the large-cap and multi-cap categories. They claim that its funds have beaten their benchmarks and competitors over various phases of the market.
Motilal Oswal MF is comparatively younger but manages to make its presence felt especially in the thematic and sectorial fund category. Indeed, its passive investment products have been popular among the investors seeking low-cost tracking strategies.
Conclusion
Although both the companies, have attractive investment products, investors must also take individual factors into consideration and do proper research on their own. It is also understood that if a layman investor is searching for a inexpensive way to invest then they also could use investing platforms such as 5paisa to directly invest in these mutual funds. Being an online discount broker, 5paisa has relatively low charges for investing in mutual funds from Mirae Asset and Motilal Oswal, or many other company’s mutual funds. For investors it can be particularly useful as it allows to make the most out of the invested money and avoid unnecessary fees.