Hey Guys, I have just started my investment journey. Recently I came across these 2 US funds, so which one you guys prefer and Why? And one more thing, people living in India, how you apply in these funds?
I am investing in Motilal Oswal Nasdaq 100 and SP 500
They aren’t direct investments. Are they ?
No, they aren't but the cost of investing is low
I prefer Nasdaq 100 over S&P 100 due to its concentration in tech firms and better historical returns. But i have invested in both. You can invest in ETFs/Mutual funds which track these indices: 1. Nasdaq 100 - Motilal Oswal Nasdaq 100 FoF, Kotak Nasdaq 100 FoF, MON100 (ETF) 2. S&P 500 - Motilal Oswal S&P 500 For concentrated investment in few major us tech stocks (FAANG + 5 others), you can also look at Mirae Asset Fang Plus ETF/FoF
Use Hdfc securities or ICICI direct or apps like Groww