Motilal Oswal Nasdaq 100 FOF(G)-Direct Plan
View the regular plan of this scheme
Rs 42.7569 -1.4723(-3.329 %) NAV as on 20 Dec 2024
Scheme Objective: The investment objective of the Scheme is to seek returns by investing in units of Motilal Oswal Nasdaq 100 ETF. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Performance (As on 20 Dec 2024)
| 6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
|---|---|---|---|---|---|
| Scheme | 22.83 % | 47.99 % | 19.73 % | 27.06 % | 27.08 % |
| NIFTY 500 | 0.06 % | 18.80 % | 15.98 % | 17.62 % | N/A |
Portfolio
FoF Overseas funds invest in mutual funds that are domiciled in other financial markets, such as the US, UK, other European countries and so on. Essentially, these funds invest in other international funds and therefore give domestic investors exposure to foreign stocks. Investments in such funds also involve currency risk. Care needs to be taken to both understand the drivers of international market and the underlying fundu2019s strategy. Though the asset class is equity, these funds are taxed like debt funds as tax laws provide equity taxation only to funds investing in domestic stocks.
These funds suit investors who want some diversification from Indian markets and who are willing to take the risk. They can also be used by investors who have expenses in the currency of the market being invested in.
