Kite Nudge for MON100 ETF iNAV

Fresh inflows in international mutual funds and ETFs are stopped due to industry hitting the overseas investment limits specified by RBI. This has been explained in detail in this post: Everything you need to know about restrictions on new investments in international mutual funds and ETFs

As fresh inflows are not allowed, there is no creation of new units of ETFs, due to this prices of ETFs are trading at premium compared to their fair value (iNAV). You can this on the website of AMC: Motilal Oswal NASDAQ 100 ETF: Motilal NASDAQ 100 - Motilal Oswal

As you can see current iNAV is around 90, while the ETF is trading on the exchanges at 103, at a premium of around 14%.

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