Motilal Oswal Nasdaq 100 FOF(G)-Direct Plan

View the regular plan of this scheme

Rs 34.6236   0.0677(0.196 %) NAV as on 19 Jun 2024
Prime Rating: Unrated
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Fund type:
Other
AUM (in crores):
₹ 4,672.55
Fund category:
FoFs (Overseas)
Fund manager(s):
Swapnil P Mayekar, Rakesh Shetty
Benchmark:
Nasdaq-100
Minimum investment:
₹ 500
Launch date:
29 Nov 2018
Min. additional investment:
₹ 500
Expense ratio:
0.24 %
Exit load:
Nil

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 19 Jun 2024)

6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme19.89 % 34.74 % 15.67 %25.23 % 25.03 %
NIFTY 50015.94 % 37.58 % 18.37 %18.44 % N/A

Portfolio

Underlying funds
Allocation (%)
Motilal Oswal NASDAQ 100 ETF
99.47%
Collateralized Borrowing & Lending Obligation
0.72%
Net Receivables / (Payables)
-0.19%

About this category

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.

Suitability

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.

Taxation

For investments made before April 1st, 2023

Short-term: Holding period is less than 36 months.

Taxation: Capital gains are taxed at individuals slab rate


Long-term: Holding period is 36 months or more.

Taxation: Capital gains are taxed at 20% with indexation benefit.

For investments made on and after April 1st, 2023

All capital gains are treated as short-term capital gains irrespective of holding period and will be taxed at individuals slab rate.

How are mutual fundstaxed

How are mutual funds taxed?

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