Fund Name Motilal Oswal NASDAQ Q 50 ETF
Fund Name Motilal Oswal NASDAQ Q 50 ETF
About Nasdaq Q 50 Index The Nasdaq Q-50 Index is designed to measure the performance of 50 of the largest Nasdaq-listed nonfinancial companies outside of the Nasdaq-100 Index
Exposure to next-generation of innovators
The Nasdaq Q-50 Index (NXTQ) tracks the performance of the 50 securities that are next eligible for inclusion into the Nasdaq 100 Index (NDX). The index deploys the proven methodology behind the time tested Nasdaq 100 Index, with its emphasis on innovation and growth.
The key benefit of the Nasdaq Q-50 is diversification into additional disruptive companies beyond the established, mega cap and large cap leaders in the Nasdaq 100.
Stock Selection: Top 50 companies that are not part of NASDAQ 100 Index are included, in the Index, but with acute focus on the next generation of market leadership
Weighting: The index stocks are weighted by modified float adjusted market capitalization. The maximum weight of security is capped at 4%.
Graduates from Nasdaq Q-50 to Nasdaq-100 (On an average 8 stocks graduate every year)
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