It is ironic the first post in this blog is about an Indian Mutual Fund investing in Nasdaq listed stocks. The tip is to buy
Motilal Oswal MOSt shares Nasdaq 100 ETF Fund.
This Indian Mutual Fund invests in the Nasdaq 100 Index of the US. But
you can buy them in the Indian stock market in both the NSE and the BSE
as an ETF.
The beauty of this fund is that when you buy it - you actually buy into
Apple, Google, Microsoft, Facebook, LinkedIn, Twitter, Oracle,
Starbucks, eBay and all those stocks. Click on the below link to see the
portfolio of this fund.
http://www.mostshares.com/PortfolioReportEOM.aspx
Why should you buy:
- The only way one can buy into the Technology leaders of the world
- The world is waiting with suspense on the big disruption of "Internet
Of Things" and this fund is going to fly when that happens
- The US$ to Indian Re getting weak is going to help this fund and it is an additional ticker
- The US GDP is growing 5% + from this quarter and these Technology leaders are going to benefit
- A good diversification to have say at 5 - 10% of your portfolio
The ETF is traded always at a discount to its NAV. Dec 29, 2014 NAV is Rs 271 but you can buy it at around Rs 262 - Rs 263.
Buy before others and add as SIPs every month.
Followmy stock tips at Twitter: @rvetri
My stock tips blogs:
www.stocks2brich.blogspot.com www.a1moneytips.blogspot.com
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Disclaimer: I have a vested interest in this and i may hold the units/stocks