Riding the NASDAQ Wave from India: Indian investors are increasingly eyeing U.S. tech stocks for long-term wealth creation. NASDAQ 100-focused mutual funds and FoFs (fund of funds) are gaining traction, offering access to tech giants like Apple, Microsoft, and Nvidia, right from your Indian brokerage account. Here's a breakdown of top performers in July 2025.
Motilal Oswal NASDAQ 100 FOF – A Reliable Classic: With Rs. 5,041.54 crore in AUM and a 3-year CAGR of 25.08%, this fund remains a go-to choice for NASDAQ exposure. Despite a -13.65% six-month return, its long-term record and low expense ratio of 0.20% make it a solid pick for patient investors.
Edelweiss US Technology FoF – The Top Performer: This fund leads the pack with a 3-year CAGR of 30.97% and a one-year return of 36.0%. Its Rs. 2,737.01 crore AUM shows strong investor confidence. The higher expense ratio of 1.48% is justified by consistent high returns across 1, 3, and 5-year horizons.
ICICI Prudential NASDAQ 100 Index Fund – Balanced and Efficient: Launched in 2021, ICICI's NASDAQ index fund offers a 3-year CAGR of 27.57% with a modest expense ratio of 0.61%. With Rs. 1,833 crore in AUM and positive short-term returns (3.72% over 6 months), it appeals to those seeking steady global exposure.
Kotak NASDAQ 100 FoF – Quietly Competitive: Kotak’s fund boasts a 3-year CAGR of 27.37% and one-year return of 14.45%, with an ultra-low expense ratio of 0.24%. With Rs. 3,157.70 crore in AUM, it's one of the most competitively priced NASDAQ options for Indian investors.
Mirae Asset NYSE FANG+ ETF FoF – The High-Risk, High-Reward Bet: With a stunning 3-year CAGR of 50.13% and 1-year return of 41.06%, this Rs. 1,924.67 crore fund targets a concentrated basket of tech giants. Its 0.07% expense ratio under the direct plan makes it attractive for aggressive investors chasing alpha.
Navi & Aditya Birla – Low AUM, Solid Returns: Navi’s NASDAQ 100 FoF (Rs. 1,026.31 crore AUM) and Aditya Birla’s counterpart (Rs. 405 crore AUM) offer 3-year returns of 16.9% and 16.7% respectively. With low fees (0.16%-0.62%) and decent historical returns, they serve as entry-level funds for new global investors.
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