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Despite Covid crisis, Motilal Oswal Nasdaq 100 mutual fund is up 30% in a year

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Indian investors can take exposure to top Nasdaq stocks through mutual fund route or direct route. For example, Motilal Oswal Nasdaq 100 Fund of Fund is a passive fund investing in units of Motilal Oswal Nasdaq 100 ETF (underlying scheme).

The fund of fund route just enables to invest smaller amounts with higher liquidity. The Nasdaq 100 Index is an equity index with the top 100 domestic and international non-financial securities listed on the Nasdaq stock exchange in the US.

The Nasdaq 100 index is up over 21% in the past one year. And add in rupee's depreciation against the US dollar, the one-year return of Motilal Oswal Nasdaq 100 Fund of Fund is about 30%.

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