Mutual Fund Investment: Opportunity to Invest in Global Companies

If you are keen on investing in global companies (Global Companies) has come your chance. Aditya Birla Sun Life Mutual Fund has launched Nasdaq 100 Fund of Funds (FoF). It is an open-ended FoF that will invest in overseas ETFs and/or Nasdaq 100 Index based index funds.

You can invest in the world's top companies

Through this fund you can invest in the shares of the world's top companies like Facebook, Apple, Microsoft, Adobe and other companies. Nasdaq is an index of the US stock market. If you invest in this fund, then this fund will invest your money in shares of 100 big companies of the world. That is, you can sit in India and earn profit by investing in the shares of these big companies of the world.

is suitable for those who want to bring diversification,
many investments want to diversify their funds at the geographical level. Such investors can invest in this fund. There are many companies included in this fund which are related to our daily life. These companies are Apple, Microsoft, Facebook, Alphabet, Netflix, Starbucks etc. The market cap of this index is $18 trillion. This index performs well in the US market.

You can invest till October 29
Birla Sun Life's new fund offer (NFO) is open from October 15 and will close on October 29. A minimum investment of Rs 5000 can be made in this. The Nasdaq 100 Index has achieved 4-fold growth over the past 20 years. There are many benefits to investing in the US market. Not only does this have the advantage of developed countries and matured markets, but this market also gives investors an opportunity to invest in the theme. It includes themes like cloud computing, e-commerce, artificial intelligence etc. Themes like this are not widely available in India.

Nasdaq gave more than 29 percent return
In the last 3 years, the Nasdaq 100 Index has given a return of 29.1%, while the Nifty 50 TRI has given a return of only 15.2% in the same period. The Nifty has given a return of 18.8% while the Nasdaq 100 index has given a return of 34.6% in 5 years. Nasdaq 100 Index has given 31.2% return, Nifty 50 TRI has given 13.6% return in 10 years. The Nasdaq 100 Index is primarily a large cap growth index.

IT's share is 44 percent
Talking about the top sector of the Nasdaq 100 Index, the share of IT is 44%. The share of communication services is 29%. The share of the consumer sector is 15%. If we look at global companies, their growth has been tremendous. Facebook started 15 years ago. Today it has 2.37 billion users. Amazon started 20 years ago. It has a 40% share in the US market. These are companies whose market cap exceeds the gross domestic product (GDP) of some emerging economies. Amazon has a market cap of $1.6 trillion. Its market cap is more than the GDP of Korea, Australia and Saudi Arabia.