April 14, 2024

Adding Motilal Oswal Nasdaq 100 FOF to My Live Portfolio

Hello, finance enthusiasts!

As we embark on our live investment journey starting Monday, 15th April 2024, I'm thrilled to announce that we will be adding not just one, but two index funds to our live portfolio. Along with the Bandhan Nifty 50 Index Fund, we will also be investing in the Motilal Oswal Nasdaq 100 Fund of Funds (FOF) - Direct Plan. I will make these purchases as the market opens and will ensure to share screenshots of our positions, maintaining transparency and keeping you all informed every step of the way.

Understanding Motilal Oswal Nasdaq 100 FOF - Direct Plan

The Motilal Oswal Nasdaq 100 FOF provides an accessible way for Indian investors to gain exposure to some of the largest and most influential technology and non-technology companies listed on the Nasdaq stock market. This includes top global giants like Apple, Amazon, Microsoft, and Google's parent company, Alphabet.

The underlying fund of the Motilal Oswal Nasdaq 100 Fund of Funds (FOF) is the Motilal Oswal Nasdaq 100 ETF. This ETF directly invests in the stocks of the Nasdaq 100 Index, which includes 100 of the largest non-financial companies listed on the Nasdaq stock market based on market capitalization. Motilal Oswal NASDAQ 100 ETF has an expense ratio of 0.58% for the Regular plan. Since the direct fund has a higher expense ratio than the Motilal Oswal Nasdaq 100 Fund of Funds (FOF), we are opting not to invest in the ETF.

Key Details:

1. Global Diversification Made Easy: The Motilal Oswal Nasdaq 100 Fund of Fund allows investors to gain exposure to top US technology giants by investing in the Motilal Oswal Nasdaq 100 ETF. This approach offers diversification across leading global companies without the need for individual stock selection.


2. Expense Ratio: The fund has a low expense ratio of just 0.18%. This is the percentage of the fund’s assets that goes towards administrative and other operating expenses. A lower expense ratio means more of your investment goes towards growing your wealth rather than covering costs.


3. Flexible Investment Options: There are no entry or exit loads, making it convenient for investors to enter or exit according to their financial needs. The fund's performance is tracked transparently, facilitating informed investment decisions.

Why Choose Motilal Oswal Nasdaq 100 FOF?

Investing in this fund is like buying a small part of each of the top companies on the Nasdaq, diversifying your investment across various sectors with a focus on technology, which has been a significant growth driver in global markets. The direct plan also offers the advantage of a lower expense ratio compared to regular plans, making it a cost-effective option for long-term investors.

As we gear up to add the Motilal Oswal Nasdaq 100 FOF to our portfolio, I am eager to see how this investment will perform alongside our other holdings. Join me live this Monday to see the action unfold, and let’s learn and grow our investments together.

Stay tuned, invest wisely, and remember—investing is not just about making money, it's about making smart choices for your financial future.