Discover 7 Indian funds investing in this US-based AI superpower

The FOMO company

If there’s one stock that’s creating FOMO for investors, it’s Nvidia.

The key growth driver for this California-based titan

The AI boom has led to the company’s market cap skyrocketing from $360 billion to $2.1 trillion within just 15 months. Here are a few reasons why people can’t ignore the company

Scaling new heights

In 2024, Nvidia added close to $20 billion to its market cap every day!

A huge single-day jump

In February, Nvidia grew by $277 billion in a single day. This is higher than the market cap of even Reliance Ind, the largest Indian conglomerate, which stands at $240 billion.

Can Indian investors invest in Nvidia?

Yes, they can. Here’s a list of the mutual funds directly investing in Nvidia.

7. Axis Special Situations Fund

Percentage of net assets in Nvidia: 0.8%

6. Axis Growth Opportunities Fund

Percentage of net assets in Nvidia: 1.3%

5. Motilal Oswal S&P 500 Index Fund

Percentage of net assets in Nvidia: 4.6%

4. ICICI Prudential NASDAQ 100 Index Fund

Percentage of net assets in Nvidia: 5.6%

3. Motilal Oswal NASDAQ 100 ETF

Percentage of net assets in Nvidia: 5.6%

2. Mirae Asset S&P 500 Top 50 ETF

Percentage of net assets in Nvidia: 7.9%

1. Mirae Asset NYSE FANG+ ETF

Percentage of net assets in Nvidia: 14.2%

Our take

While it may seem appealing to invest in the above funds, we suggest not blindly investing just for the sake of buying Nvidia's shares.

Our take

Do your due diligence and assess your financial needs of requiring an international fund for geographical diversity before deciding to invest.

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