10 mutual funds with the maximum exposure to AI stocks

Today, AI has revolutionised several areas of our lives without us even realising it. From YouTube recommendations to Grammarly and ChatGPT, AI has become accessible to everyone. As per PwC, AI will contribute $15.7 trillion to the global economy by the end of the coming decade! To put things into perspective, if AI were a country, it would have the third-largest economy in the world by 2030, bigger than India and behind only the US and China. Given AI is tipped to be a generational gamechanger, why should we - the Indian investors - miss out on investing in them? Joining the AI bandwagon But first, let's identify what we mean by AI stocks by citing a Motley Fool article titled 'Trillion-dollar wealth shifts: from the Internet ... to smartphones ... to AI'. In this article, they identified eight companies as part of the AI pack: Alphabet (Google) Amazon Advanced Micro Devices (AMD) ASML Holding N.V. Meta (Facebook) Intel Microsoft NVIDIA Although none of these 'AI companies' are based in India, various Indian mutual fund schemes - active and passive - invest in them. Passive funds Let's look at the ETFs and index funds that have substantial investments in these eight AI stocks by virtue of the index composition they replicate: Top five passive funds with maximum AI investment Schemes Money invested by ETFs/ index funds (in Rs crore) Scheme allocation (in %) Motilal Oswal NASDAQ 100 ETF 2013 3