Buy into to Nasdaq stocks by investing in an Indian Mutual Fund - Play the "Internet Of Things" theme

It is ironic the first post in this blog is about an Indian Mutual Fund investing in Nasdaq listed stocks. The tip is to buy

Motilal Oswal MOSt shares Nasdaq 100 ETF Fund. 

This Indian Mutual Fund invests in the Nasdaq 100 Index of the US. But you can buy them in the Indian stock market in both the NSE and the BSE as an ETF.

The beauty of this fund is that when you buy it - you actually buy into Apple, Google, Microsoft, Facebook, LinkedIn, Twitter, Oracle, Starbucks, eBay and all those stocks. Click on the below link to see the portfolio of this fund.

http://www.mostshares.com/PortfolioReportEOM.aspx

Why should you buy:
- The only way one can buy into the Technology leaders of the world
- The world is waiting with suspense on the big disruption of "Internet Of Things" and this fund is going to fly when that happens
- The US$ to Indian Re getting weak is going to help this fund and it is an additional ticker
- The US GDP is growing 5% + from this quarter and these Technology leaders are going to benefit
- A good diversification to have say at 5 - 10% of your portfolio

The ETF is traded always at a discount to its NAV. Dec 29, 2014 NAV is Rs 271 but you can buy it at around Rs 262 - Rs 263.

Buy before others and add as SIPs every month.

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Disclaimer: I have a vested interest in this and i may hold the units/stocks


Feel Free to comment your views on this idea

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