Welcome To myplexus.com

axis
Fund Facts
  • Name of Fund:
    Axis NASDAQ 100 Fund of Fund
  • Opening:
    7th October 2022
  • Closing:
    21st October 2022
  • Scheme Type:
    Open Ended FoF Overseas
  • Minimum Investment:
    Rs. 500/- and in multiples of Re. 1/- thereafter
  • Plan:
    Regular and Direct
  • Options:
    Growth and IDCW
  • Entry Load:
    Not Applicable
  • Exit Road:
    1% of NAV if redeemed within 7 days
  • Thereafter:
    Nil

Fund Stats

Objective

To replicate the performance of the Nasdaq 100 TRI by investing ETFs whose primary objective is to track/replicate the performance of the Nasdaq 100 TRI, subject to tracking errors.

  • Benchmark:

  • S&P 500 Index

  • Fund Manager:

  • Hitesh Das

Asset Allocation

95-100% Units of overseas ETFs focused on Nasdaq 100 TRI
upto 5% Money Market
Comparable existing schemes
Aditya Birla Sun Life Nasdaq 100 FOF -16.28(6M) -24.75(1Y)
Kotak NASDAQ 100 Fund of Fund -13.66(6M) -13.55(1Y)

Fund Prognosis

Idea Distiller

A global offering to complete the product basket. The NASDAQ 100 is the no brainer pick. Dovetail this into a global fund with a history. Ready made masala mix.

  • Fund House AAUM:

  • Rs. 24612654.69 Lakh (as on 30th June 2022)

  • Fund Manager:

  • Combined experience of above 10 years

Scheme DNA 4 fundamentals

  • UNIQNESS
  • RETURN
  • RISK
  • OPERABILITY

OOMP Factor

The NASDAQ has its charms for the smart investor and with the recent tumble down in the Index there would be some interest in it’s rebound. So there is the sauce and the meat. Invest if you are high on a global rebound sometime soon.