Difference between ICICI Nasdaq 100 index and Motilal Oswal 100 Nasdaq FoF?

[Pravi]

1) With both portfolio holdings being similar (if my understanding is correct), why does ICICI Nasdaq 100 provide lower returns than Motilal Oswal Nasdaq 100 Fund of Funds (FoF)?
2) What will happen if the INR starts appreciating against the USD?

 

[helloworld]

maybe similar now, but not from beginning of those funds. hence the difference.

motilal senior in age compared to icici when they launched. there are many differences.

 

[BVCBVC is verified member.]

Just to add, go through the below link.

Compare Motilal Oswal Nasdaq 100 FOF Direct Growth vs ICICI Prudential NASDAQ 100 Index Fund Direct Growth

Detailed and side by side comparison of Compare Motilal Oswal Nasdaq 100 FOF Direct Growth vs ICICI Prudential NASDAQ 100 Index Fund Direct Growth on parameters like NAV | Returns | Risk | rating | Pros & Cons

groww.in

As @helloworld mentioned Motilal Oswal is senior (2018) and they accumulated when the values were lower and ICICI is late to the party (2021) so the difference is visible.

 

[COSMOCRAT]

1. ICICI directly invests in US stocks to simulate the NASDAQ trend. Motilal or any FoF invests in a US-based fund that invests in US stocks to simulate the NASDAQ trend. So ICICI is more accurate and quick to adapt the changes but has a comparatively higher fee while Motilal is less accurate but has a low fee.

2. Both rupee appreciation and depreciation will have an equal effect on both.

 

[Pravi]

1. ICICI directly invests in US stocks to simulate the NASDAQ trend. Motilal or any FoF invests in a US-based fund that invests in US stocks to simulate the NASDAQ trend. So ICICI is more accurate and quick to adapt the changes but has a comparatively higher fee while Motilal is less accurate but has a low fee.

2. Both rupee appreciation and depreciation will have an equal effect on both.

Thank you for your reply.

 

[fradela]

We can't invest both these two funds.

Only option is ETF.