Motilal Oswal Nasdaq 100 ETF (MOFN100)
Motilal Oswal Nasdaq 100 ETF (MOFN100)
- The Scheme will invest in the securities which are constituents of NASDAQ-100 Index in the same proportion as in the Index.
- NASDAQ-100 Index has been designed by NASDAQ OMX Group, Inc. A part of the NASDAQ family of indices, 26 year old, NASDAQ-100 Index includes 100 largest domestic (U.S.) and international non-financial securities listed on The NASDAQ Stock Market based on market capitalization. The Index reflects companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. It does not contain securities of financial companies including investment companies.
- Includes top 100 domestic and international non-financial companies listed at NASDAQ Stock Market.
- Index reflects companies across computer hardware, and software, telecommunications, retail/wholesale trade and biotechnology.
- In order to avoid concentration, the maximum weight of any index constituent is capped at 24%; further total weight of stock with weight greater than 4.5% is capped at 48%.
- Index is reviewed in December each year
- Index has very long track record, first index values starts since January 31, 1985 with base value of 125.
- While the Nasdaq-100 is home to some of the most well-known names in technology— including Apple, Microsoft, Alphabet, Intel, and Facebook—the index also includes category-defining companies on the forefront of innovation in other key industries such as Amgen, Starbucks, and Tesla.
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