Diversified passive funds should form core of global investment portfolio

Exposure to mid-cap oriented and concentrated offerings should be taken later as part of exposure, say experts.

After a sustained bull run, the US stock market has slowed down due to fears about inflation, rate hikes, and the spread of the Omicron variant of Covid-19. Nonetheless, to tap Indian investors’ desire to diversify into the US markets, Motilal Oswal Mutual Fund has launched one more option: Motilal Oswal Nasdaq Q50 (MQ50) Exchange Traded Fund (ETF). Several US-focused passive options based on the S&P 500, S&P 500 Top 50, Nasdaq 100, and NYSE Fang+ indexes are already available.

Investing in tomorrow’s leaders

The MQ50 ETF comprises 50 stocks that come after the 100 stocks of the Nasdaq 100