Nasdaq 100 is in bear market territory and is down by virtually 29 per cent year-to-date. The final one-year return of the tech-heavy Nasdaq 100 is a damaging 21 per cent. A golden rule of investing is to purchase low and promote excessive. If you need to begin investing in US shares, shopping for corporations listed on the Nasdaq inventory change is usually a good place to begin.
Motilal Oswal Nasdaq 100 ETF is an open ended scheme monitoring Nasdaq 100 Index via which you’ll be able to take publicity in Nasdaq 100 index shares. One can purchase Motilal Oswal Nasdaq 100 ETF (Symbol MON100 ) items via NSE and BSE brokers.
The goal of MON100 scheme is to hunt funding return that corresponds (earlier than charges and bills) to the efficiency of the Nasdaq 100 Index, topic to monitoring error. The Benchmark for MON100 is Nasdaq – 100 TRI.
Fund Facts
Date of Allotment 29-Mar-2011
NAV Growth Option : Rs 96.0895
AUM (31-May-2022) Rs 5,262.20 crore
Tracking Error: 0.1 (Annualised)
Fund Manager: Ankush Sood
Top 10 Holdings
Performance (as on 30 April-2022)
About Nasdaq 100
The Nasdaq 100 index since its inception in 1985 is a large-cap progress index and consists of 100 of the highest home and worldwide non-financial corporations primarily based on market capitalization. Nasdaq 100 has no publicity to banking and different monetary shares. The index composition of Nasdaq 100 has increased weightage to know-how shares.
By investing in Nasdaq 100 index, you’re taking expoure to corporations throughout main trade teams, together with pc {hardware} and software program, telecommunications, retail commerce and biotechnology.
Some of the world’s most revolutionary corporations like Apple, Microsoft, Starbucks, Google, Intel, and Tesla are listed on Nasdaq-100. What are referred to as the FAANG shares — Facebook (FB), Amazon (AMZN), Apple (AAPL), Netflix (NFLX) and Google (GOOGL) — are the highest US shares within the Nasdaq 100 index.
If you don’t want to make investments via ETF, then you might purchase items of Motilal Oswal Nasdaq 100 Fund of Fund. The funding goal of the Motilal Oswal Nasdaq 100 Fund of Fund is to hunt returns by investing in items of Motilal Oswal Nasdaq 100 ETF.
Source: www.financialexpress.com”