promagstyle
New member
I was planning to invest in Motilal Oswal Nasdaq 100 FoF. Expense ratio is 0.64. However, i came to notice that it's underlying fund Motilal Oswal Nasdaq 100 ETF is not able to correctly follow its benchmark Nasdaq index. Also, there have been instances of NAV/price mismatch of ETF.
Recently, Kotak MF also came up with Nasdaq 100 FOF with underlying ETFs iShares NASDAQ 100 ETF. Considering Blackrock's ishares ETF reputation and trading volume, i believe there will be very less mismatch between NAV/price. But expense ratio of Kotak's FOF comes out to be on higher side(0.65+expenses of underlying ETFs).
Moreover, Nippon mutual fund is also coming up with Nasdaq 100 FoF.
Should i :
1. Go with less expensive but frequently inaccurate Motial Nasdaq 100 FoF or
2. Go with more expensive but more accurate(as per my assumption) Kotak Nasdaq 100 FoF.
3. Wait for details(expenses and underlying ETF) about Nippon Nasdaq 100 FoF.
Recently, Kotak MF also came up with Nasdaq 100 FOF with underlying ETFs iShares NASDAQ 100 ETF. Considering Blackrock's ishares ETF reputation and trading volume, i believe there will be very less mismatch between NAV/price. But expense ratio of Kotak's FOF comes out to be on higher side(0.65+expenses of underlying ETFs).
Moreover, Nippon mutual fund is also coming up with Nasdaq 100 FoF.
Should i :
1. Go with less expensive but frequently inaccurate Motial Nasdaq 100 FoF or
2. Go with more expensive but more accurate(as per my assumption) Kotak Nasdaq 100 FoF.
3. Wait for details(expenses and underlying ETF) about Nippon Nasdaq 100 FoF.