What are your views about the Nasdaq 100 fund by Motilal Oswal?
- Krishna Kumar
I particularly like this fund simply because it is giving me exposure to technology companies in the United States. Technology companies domiciled in the US are global companies. The market of these companies is global, as they have customers all over the world. And if you look at the top holdings of this particular fund, you will find more familiar names than the Indian fund. For example, they have Alphabet, Apple, Facebook and Microsoft. Besides, it is now available in two convenient formats-ETF and the Fund of Fund (FOF) variant, which is mounted on the ETF. However, there are some discrepancies in that fund. It is not able to replicate very well the ETF but I believe it will be fine over a period of time. So, in a nutshell, I like the Nasdaq 100 fund and it is worth having.
