MOSt Shares NASDAQ 100
Motilal Oswal Mutual Fund Launches MOSt Shares NASDAQ 100. India’s 1st US Equity Based ETF; tracking the NASDAQ-100 Index®. MOSt Shares NASDAQ 100 seeks investment results that correspond generally to the price performance, before fees and expenses, of the NASDAQ-100 Index.
Salient Features:
- India’s First US Equity based ETF (Rupee Denominated & Does not fall under foreign Investment Cap of 200K)
- Indian market hours access – MOSt Shares NASDAQ 100 will trade during Indian market hours
- Passive Investing: no discretion with Fund Manager
- Taxed as ‘Investment other than Equity Oriented fund’ (i.e. debt taxation with indexation benefits)
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Key Facts |
| Creation Unit |
Click Here |
| Download Transaction Slip |
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Download Presentation |
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| FAQs |
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| Download S.I.D. |
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| Type of Fund |
Open Ended Index Exchange Traded Fund |
| Investments |
Underlying Securities of NASDAQ-100 Index |
| Taxation Treatment |
Investments other than Equity Oriented Fund |
| Managers |
Motilal Oswal Asset Management Company Ltd. |
| Fund Manager |
Rajnish Rastogi |
| Benchmark Index |
NASDAQ-100 Index |
| Exchange Listed |
NSE / BSE |
| Minimum Lot (Exchange) |
1 Unit |
| Minimum Lot (Directly with Fund as per Creation Unit) |
100,000 ETF units for dealing with the AMC |
| Expense Ratio |
1% |
| Fund Inception date |
30th March 2011 |
| Listing Date |
31st March 2011 |
| NSE / BSE Symbol |
N100 |
| Pricing (per Unit) |
NFO - 1/1000th of NASDAQ-100 Index value in INR |
| Entry/Exit Load |
NIL |
| ISIN |
INF247L01031 |
| Reuters Code |
N100.NS; N100.BO |
| Index Provider |
NASDAQ OMX |