Motilal Oswal reveals plans for Nasdaq 100 ETF

clock

Motilal Oswal Asset Management has filed with the Securities and Exchange Board of India (SEBI) for the country's first US equity ETF.

The company announced the filing for its Motilal Oswal MOSt Shares Nasdaq 100 ETF on Wednesday, in conjunction with the Nasdaq OMX Group. The underlying index is composed of the 100 largest non-financial companies listed on the Nasdaq Stock Market. Nasdaq OMX executive vice president John Jacobs says that the scope of the index, which forms the basis of nearly 1700 investment products in over 37 countries, makes it a fitting underlying for India's first US equity ETF. Motilal Oswal says the Nasdaq 100 has become the premier benchmark for high-tech investors, following a surge in po...

To continue reading this article...

Join Professional Adviser

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on ETFs

Credit: iStock

Partner Insight: Is it time to invest in the hydrogen economy?

Hydrogen is everywhere on our path to decarbonisation.

Sarka Halas
clock 24 May 2023 • 1 min read
HL's new ETF research includes the analysis on ESG integration, process and performance

Hargreaves Lansdown launches ETF research arm

Led by Alex Watkins and Kate Marshall

Valeria Martinez
clock 24 May 2022 • 1 min read
Partner insight: Adapting to a changing interest rate environment

Partner insight: Adapting to a changing interest rate environment

2022 has been a turbulent year but in terms of monetary policy, it has also been a fascinating one

Invesco
clock 06 May 2022 • 1 min read