(1) what is the TER of “Motilal Oswal Nasdaq 100 Fund of Fund - Direct Plan - Growth”
(2) what is the difference between “Motilal Oswal Nasdaq 100 ETF” and " Motilal Oswal Nasdaq 100 Fund of Fund"
(3) why does coin does not offer “Motilal Oswal Nasdaq 100 ETF”
TER of FOF is 0.1% since it holds ETF which has expense ratio of 0.54%, total expense ratio for FOF adds up to 0.64%.
ETF is traded on Exchange and you can Buy or Sell anytime throughout the day which isn’t possible in FOF which is Mutual Fund and you have to make Buy or Redeem request before cut-off time.
In FOF you can do SIP which isn’t possible in ETF.
ETF is Exchange traded fund that’s why it is not available on Coin but it is available on Kite, search for “N100”.
Is this the same case with ICICI Prudential Nifty 100 Low Vol 30 & it’s MF ICICI Prudential Nifty Low Vol 30 ETF FOF.
ETF has 0.42% expense ratio, tracking error of 0.08%.
The MF has expense ratio of 0.13%. So, the total expense ratio is 0.42 + 0.13 = 0.55% right ?
How to take the tracking error into account ?