Is Motilal Oswal Nasdaq 100 FoF good?

If you want to add international exposure to your investment portfolio, then the Motilal Oswal Nasdaq 100 FoF is a good option. But, first, let's look at the details of the FoF to assess its efficacy as an investment option.

The fund invests around 97% of its investible corpus in Motilal Oswal Nasdaq 100 ETF. While the underlying index is the same for the ETF and the FoF, you can buy units of the FoF at the prevalent NAV without having to open a Demat account or buy through a stockbroker.

The FoF was launched in 2018 and currently has an expense ratio of 0.1% (Direct Plan) with Rs.3337 crores AUM. It has offered around 37.65% annualized returns since its inception. There is a lump sum and SIP investment option available with the scheme. Further, the INR has depreciated against the USD in recent times, resulting in a higher NAV of the fund.

The Nasdaq 100 is a tech-driven stock market index of the US. While it tends to offer good returns, any slowdown in the technology sector in the US can impact the fund's performance.

The Motilal Oswal Nasdaq 100 FoF is a good avenue to add diversification to your portfolio by exposing it to international equities. You can open an account with Motilal Oswal's investment platform and buy units of the FoF.

Similar threads