Motilal Oswal NASDAQ 100 FAQs

Exchange Traded Funds (ETFs) are open ended mutual fund schemes, which are traded on stock exchanges like a share and seek investment returns that correspond to the performance of a particular index like Nifty 50, Nifty Midcap 100 or NASDAQ-100 Index. It combines the benefit of a mutual fund scheme with convenience of trading like a share.

Motilal Oswal MOSt Shares NASDAQ-100 ETF, (MOSt Shares NASDAQ 100) is an open ended Index Exchange Traded Fund that seeks investment return that corresponds (before fees and expenses) generally to the performance of the NASDAQ-100 Index, subject to tracking error. The Scheme will invest in the securities, which are constituents of NASDAQ–100 Index in the same proportion as in the Index.

The NASDAQ-100 is an index of 100 of the largest (by market capitalization) non-financial companies listed on the NASDAQ. It is a modified capitalization-weighted index. The companies’ weights in the index are based on their market capitalizations, with certain rules capping the influence of the largest components. It does not contain financial companies, and also includes companies incorporated outside the United States.

The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. It is the largest electronic screen-based equity securities trading market in the United States and second largest by market capitalization in the world. The NASDAQ has more trading volume than any other electronic stock exchange in the world. When the NASDAQ stock exchange began trading on February 8, 1971, it was the world’s first electronic stock market (Source: NASDAQ Website).

MOSt Shares NASDAQ 100 is listed on the capital market segment of NSE and BSE and will trade like any share. Investors can buy & sell the units of the Scheme at the prevailing price on NSE and BSE, which though a function of demand & supply, will be around the NAV of underlying MOSt Shares NASDAQ 100 portfolio. The indicative intra-day real time NAV of MOSt Shares NASDAQ 100 will be displayed on AMC’s website (www.mostshares.com). End of the day NAV of MOSt Shares NASDAQ 100 will also be published daily at the end of day before 9 p.m. on AMFI website i.e. www.amfiindia.com