MOSt Shares Nasdaq 100 ETF of Motilal Oswal Asset Management Company which came in Indian share market between 16th March and 23rd March 2011, has got listed in BSE and NSE on 30th March 2011. It is first of its kind ETF which will provide the Indian investors a good diversification option and access to leading global companies listed on the US Stock Market (Nasdaq).
A unit opened at Rs 104.85 on the National Stock Exchange (NSE) and touched a high of Rs 105 and low of Rs 94.10.
Indian investors are now able to buy and sell ETF units during Exchange trading hours in India through their trading accounts with their brokers/sub-brokers at prices quoted on NSE or BSE. MOSt Shares NASDAQ 100 joins the global family of NASDAQ-100 Exchange Traded Funds listed across Americas, Europe and Asia. The ETF is currently Asia’s largest NASDAQ-100 Index ETF based on assets under management.Google+