Fund Update

Four changes in Nasdaq-100 funds

We move Kotak Nasdaq 100 FOF to 'Hold' and three other Nasdaq-100 funds to 'Best Buy'

We move Kotak Nasdaq 100 FOF to 'Hold' and three other Nasdaq-100 funds to 'Best Buy'

There are three new international funds in the 'Best Buy' list. Navi NASDAQ 100 FoF Aditya Birla Sun Life NASDAQ 100 FOF Motilal Oswal Nasdaq 100 FOF Strictly speaking, Motilal Oswal isn't really a new entrant. In fact, it has been our oldest 'Best Buy' recommendation. We had to relegate it because it had stopped accepting SIP and lumpsum investments due to regulatory issues. That's no stain on this fund though. Just mere regulatory limits. We'll get to the reason when you scroll below to the 'What is overseas investment limit?' section. Kotak goes to 'Hold' Kotak Nasdaq 100 FOF has been moved from 'Best Buy' to 'Hold'. Don't worry though, there's nothing wrong with the fund. You may very well continue to hold your existing investments as we don't have any issue with the fund. It's just that it recently announced a temporary suspension on lumpsum and fresh SIP investments from February 10,

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