Synopsis: This article compares Motilal Oswal Nasdaq 100 FoF and Axis Nasdaq 100 FoF, two popular US index funds that have delivered high returns in one year. It helps investors choose the most suitable Nasdaq investment option.
The US markets have generated substantial wealth for investors in recent years, especially through the tech-centric Nasdaq 100 index. Indian investors are increasingly gaining exposure through international mutual funds, particularly Nasdaq-based Fund of Funds (FOFs). The two most popular funds among investors today are Motilal Oswal Nasdaq 100 FoF and Axis Nasdaq 100 US Specific Equity Passive FoF. Both have outperformed the wider international equity category over the previous year.
What are these Nasdaq 100 FoFs?
Nasdaq 100 FoFs are mutual funds that invest in Nasdaq 100 index ETFs, which track the performance of the index that contains the 100 largest non-financial companies on the Nasdaq stock exchange. These funds allow Indian investors to:
- Invest in global tech giants like Apple, Microsoft, Nvidia, and Amazon
- Diversify beyond Indian markets
- Benefit from USD appreciation against INR
Motilal Oswal Nasdaq 100 FoF
- NAV: ₹65.97
- AUM: ₹5,987.35 Cr
- Expense Ratio: 0.20%
- Exit Load: 1% (within 15 days)
- Performance Snapshot
- 1-Year Return: 84.36%
- Category Comparison (1-Year)
- Fund 1-Year Return: 84.36%
- Equity international Category Average: 29.5%
- Outperformance: +54.82 percentage points
Axis NASDAQ 100 US Specific Equity Passive FoF
- NAV: ₹28.89
- AUM: ₹180.64 Cr
- Expense Ratio: 0.29%
- Exit Load: 1% (within 7 days)
- Performance Snapshot
- 1-Year Return: 62.09%
- Category Comparison (1-Year)
- Fund 1-Year Return: 62.09%
- Equity international Category Average: 29.5%
- Outperformance: +32.59 percentage points
Also read: 4 International Mutual Funds that Delivered Up to 90% Returns in One Year: US Tech, Energy & More
Comparison Table: Motilal Oswal Nasdaq 100 FoF vs Axis Nasdaq 100 FoF
Note: NAV, AUM, and expense ratios are sourced from Groww as of 7th May 2026
Risks you should not ignore
- The Nasdaq 100 is highly concentrated in technology stocks and can be very volatile
- Returns may decline if the Indian rupee strengthens against the US dollar.
- Heavy dependence on a few large tech companies increases concentration risk
- Entry timing plays a crucial role in short-term returns
- International funds may face regulatory or investment limits at times
Which One is Better?
- Choose the Motilal Oswal Nasdaq 100 FoF if you want maximum growth potential, you are comfortable handling short-term volatility, and you prefer a larger, more established fund with a lower expense ratio.
- Choose The Axis Nasdaq 100 FoF is a better option for you if you want to invest in US markets at moderate levels and need a basic investment method and you are willing to accept lower returns for a more stable investment process.
Final Verdict
Both funds have delivered strong returns and beaten their category, but Motilal Oswal Nasdaq 100 FoF stands out as it provides better returns at a lower expense ratio while managing a larger fund size. The funds show high volatility, which makes them suitable for investors who want to hold their investments for a long-term period while they seek worldwide investment opportunities.
Written By Ameet S
Disclaimer: The information provided in this article is for educational purposes only and should not be construed as financial advice or investment recommendation. Returns mentioned are based on historical performance and may not be sustained in the future. Mutual fund investments are subject to market risks, including potential loss of capital. Investors are advised to assess their risk appetite and financial goals and to consult a certified financial advisor before investing.
