The Motilal Oswal NASDAQ 100 Fund of Fund is a mutual fund scheme that primarily invests in the NASDAQ-100 Index, which consists of the 100 largest non-financial companies listed on the NASDAQ stock exchange. This fund offers Indian investors exposure to top global technology and innovation-driven companies like Apple, Microsoft, Amazon, and others, through a fund of fund structure.
Is it STOPPED?
Yes, Motilal Oswal Mutual Fund (MF) has paused new systematic investment plan (SIP) contributions to the Motilal Oswal Nasdaq 100 Fund of Fund as of January 5, 2025:
Reason :
The fund house reached its overseas investment cap.
What’s affected :
New SIP contributions are paused, but existing SIP registrations remain active
What’s not affected :
Redemptions, systematic withdrawals, switching out of funds, or transfer-outs are not affected
When SIPs may resume:
SIPs may resume if regulatory exposure limits change or for other applicable reasons