Want to buy Nvidia stock from India? Here are top 5 passive mutual funds having exposure to Nvidia!
Here's a curated selection of five top passive mutual funds poised to ride the Nvidia wave
In a monumental stride for the tech industry, Nvidia, the California-based chip giant, has ascended to the prestigious club of USD 2 trillion market capitalization last week, marking a watershed moment in its trajectory. With this feat, Nvidia not only solidifies its position as a trailblazer in the chipmaking realm but also etches its name in the annals of financial history alongside titans like Apple and Microsoft, as one of the select few US companies to breach this remarkable threshold.
This meteoric rise to glory can be attributed to Nvidia's unwavering dominance in the burgeoning AI chip market, where its cutting-edge technologies continue to redefine the boundaries of possibility. The company's market cap soared from USD 1 trillion less than a year ago to a staggering USD 2 trillion, leaving behemoths like Amazon and Alphabet trailing in its wake. Such exponential growth is a testament to Nvidia's visionary leadership and relentless pursuit of innovation.
For investors seeking to partake in the juggernaut that is Nvidia, the options abound. Here's a curated selection of five top passive mutual funds poised to ride the Nvidia wave:
|
Fund Name
|
Nav in Rs
|
Value in (Mn)
|
% of Total Holdings
|
Qty
|
1-yr highest holding in %
|
1-yr lowest holding in %
|
|
Motilal Oswal Nasdaq 100 ETF (MOFN100)
|
145.66
|
3256.7
|
4.59
|
65.76k
|
6.94
|
3.76
|
|
Mirae Asset NYSE FANG + ETF- Regular Plan-Growth
|
82.5
|
2256.7
|
12.1
|
44.15k
|
12.23
|
9.64
|
|
Motilal Oswal S&P 500 Index Fund - Direct Plan Growth
|
19.35
|
1126.2
|
3.71
|
22.05k
|
3.71
|
1.96
|
|
ICICI Prudential Nasdaq 100 Index Fund- Direct Plan - Growth
|
12.98
|
480.3
|
4.59
|
9.40k
|
6.94
|
3.76
|
|
Mirae Asset S&P 500 Top 50 ETF - Regular Plan- Growth
|
38.38
|
410.8
|
6.55
|
8.04k
|
6.55
|
3.33
|
With Nvidia's trajectory poised for further stratospheric ascents, these passive funds offer investors a gateway to capitalize on the unparalleled growth potential of this AI juggernaut. As the talk of the town and the darling of the stock market, Nvidia beckons investors to seize the opportunity and claim their stake in the future of technology.
Disclaimer: The article is for informational purposes only and not investment advice.