I want to invest in Foreign Equities through MFs. I am currently investing through Motilal Oswal Nasdaq 100 FOF. Is it good enough ? Are there better funds available ?
It’s good enough.
Also there is ICICI Nasdaq 100 index fund. (NFO)
But IDK which motial oswal MF you are talking about (S&P or Dow or nasdaq).
ICICI tracks NASDAQ.
Motilal oswal is pretty much enough to get foreign market exposure according to me.
I heard that this is yet to prove it’s worth, since it is in the NFO stage.
And I read a review asking not to go for this MF, link is here
Is that a proper / reputable website ? Because anyone can write it. Just asking.
I feel Fund of Funds are not that great as they are taxed as debt funds. That is a con for me. Instead I will go with ETF or some mixed fund which invests 70% Indian equity and rest in US equity.
By the way, watch this latest video on International mutual funds, it helped me
Yes, freefincal is a great website. It guides all the pros and cons