Fund Update

We move Motilal Oswal Nasdaq 100 ETF to 'Hold'

The ETF continues to trade at a significant premium to the NAV for quite some time now. We therefore move it from 'Buy' to 'Hold'. We also change our opinion on ABSL Global Excellence Equity FoF

We move Motilal Oswal Nasdaq 100 ETF to ‘Hold’

हिंदी में भी पढ़ें read-in-hindi

In an earlier note on the Motilal Oswal Nasdaq 100 ETF around one month back, we cautioned our Premium subscribers to be careful about the price of the scheme before investing. The units of this ETF have been trading a bit over the odds since the start of April for reasons explained in this previous update. We hoped that the premiums would descend soon but they continue to rise steadily. And now it has reached the point where we th

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