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6 Indian mutual funds tracking the Nasdaq 100 index ahead of SpaceX entry

rajeev kumar
By Rajeev Kumar

4 min read | Updated on June 09, 2026, 13:30 IST

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SUMMARY

Indian mutual funds tracking the Nasdaq index are currently not accepting fresh investments as they have already hit regulatory limits.

nasdaq 100 imutual funds in india

There are 6 mutual fund schemes tracking Nasdaq 100 TRI.

Elon Musk's SpaceX is set to be included in the Nasdaq 100 index after its much-awaited initial public offering (IPO). The index provider has reportedly made changes to ease the entry of SpaceX shares into the index, which currently comprises some of the world's largest and most popular tech companies, including Apple, Alphabet, Microsoft, Nvidia, Amazon, and Meta.
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The inclusion of SpaceX in the Nasdaq 100 would mean that the index funds tracking it would have to buy the company's shares.

For investors who want to add SpaceX shares to their portfolio, Nasdaq 100 index funds provide an indirect route, alongside exposure to other major tech stocks. While there are several such funds available to investors in the US, there are no such options available in India at present.

Indian funds tracking the Nasdaq index are currently not accepting fresh investments as they have already hit regulatory limits.

What are these funds?

There are as many as six Indian mutual fund schemes that track the Nasdaq 100 TRI. Three of these schemes have daily AUMs worth over ₹1000 crore.

  1. Aditya Birla Sun Life US Equity Passive FOF

Launched on November 1, 2021, the scheme tracks the Nasdaq 100 TRI and is managed by Dhaval Joshi. The scheme's direct plan has delivered an annualised return of 20.89% since launch.

  1. Axis NASDAQ 100 US Specific Equity Passive FOF

This scheme was launched on November 1, 2022 and is managed by Krishnaa N. The scheme's direct plan has delivered an annualised return of 36.77% since launch.

  1. Invesco India - Invesco EQQQ NASDAQ-100 ETF FOF

Launched on April 21, 2022, the scheme is managed by Anhishek Bahinipati. The scheme's direct plan has delivered an annualised return of 27.53% since launch.

  1. Kotak US Specific Equity Passive FOF

Launched on February 2, 2021, the scheme is managed by Arjun Khanna. The scheme's direct plan has delivered an annualised return of 22.51% since launch.

  1. Motilal Oswal Nasdaq 100 FOF

Launched on November 29, 2018, the scheme is managed by Swapnil P Mayekar. The scheme's direct plan has delivered an annualised return of 30.07% since launch.

  1. Navi Nasdaq100 US Specific Equity Passive FOF

Launched on March 23, 2022, the scheme is managed by Ashutosh Shirwaikar. The scheme's direct plan has delivered an annualised return of 25.52% since launch.

Scheme NameBenchmarkReturn 1 Year (%) DirectReturn 3 Year (%) DirectReturn 5 Year (%) DirectReturn Since Launch DirectDaily AUM (Cr.)
Aditya Birla Sun Life US Equity Passive FOFNASDAQ 100 TRI55.6834.15—20.89552.33
Axis NASDAQ 100 US Specific Equity Passive FOFNASDAQ 100 TRI INR54.8333.71—36.77233.93
Invesco India - Invesco EQQQ Nasdaq-100 ETF Fund of FundNASDAQ-100 Notional TRI55.7934.30—27.53498.48
Kotak US Specific Equity Passive FOFNASDAQ 100 TRI55.8434.3323.7322.514731.50^
Motilal Oswal Nasdaq 100 Fund of FundNASDAQ 100 TRI88.1642.8128.0130.078728.56
Navi Nasdaq100 US Specific Equity Passive FOFNASDAQ 100 TRI56.3034.63—25.521313.32

Source: AMFI, data as of June 4, 2026

Disclaimer: The information contained in this article is for informational purposes only and does not represent investment advice from Upstox. Investment decisions should be made based on independent research or consultation with a registered financial advisor. Past performance is not indicative of future results.

About The Author

rajeev kumar
Rajeev Kumar is a Deputy Editor at Upstox, and covers personal finance stories. In over 11 years as a journalist, he has written over 2,000 articles on topics like income tax, mutual funds, credit cards, insurance, investing, savings, and pension. He has previously worked with organisations like 1% Club, The Financial Express, Zee Business and Hindustan Times.

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