myplexus

NFO Monitor

Fund Fact

Name of Funds:

Axis NASDAQ 100 Fund of Fund

Opening:

7th October 2022

Closing:

21st October 2022

Minimum Investment:

Rs. 500/- and in multiples of Re. 1/- thereafter

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Not Applicable

Exit Load:

1% of NAV if redeemed within 7 days

Fund Stats

Objective:

To replicate the performance of the Nasdaq 100 TRI by investing ETFs whose primary objective is to track/replicate the performance of the Nasdaq 100 TRI, subject to tracking errors.

Benchmark:

S&P 500 Index

Fund Manager:

Hitesh Das

Asset Allocation

95-100% Units of overseas ETFs focused on Nasdaq 100 TRI upto 5% Money Market

Comparable existing schemes

Aditya Birla Sun Life Nasdaq 100 FOF	-16.28(6M)	-24.75(1Y)
Kotak NASDAQ 100 Fund of Fund	-13.66(6M)	-13.55(1Y)

Fund Prognosis

Idea Distiller

A global offering to complete the product basket. The NASDAQ 100 is the no brainer pick. Dovetail this into a global fund with a history. Ready made masala mix.

Fund House AAUM:
Rs. 24612654.69 Lakh (as on 30th June 2022)
Fund Manager:
Combined experience of above 10 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

The NASDAQ has its charms for the smart investor and with the recent tumble down in the Index there would be some interest in it’s rebound. So there is the sauce and the meat. Invest if you are high on a global rebound sometime soon.

We provide a range of tools and financial know-how that can help you make the most of your short-term and long-term investment goals.

Important Links

Fund

Snapshot

Company

Registered with AMFI AMFI Registration No: 2654 Initial Registration Date: 19th March 2003 Validity of ARN: 14th May 2025 to 23rd May 2028