Nasdaq 100 as an Indian Mutual Fund Benchmark

Tue, 12 May 2026 00:00:00 +0000

The Nasdaq 100 (ticker symbol: NDX) is a modified market capitalisation-weighted index of the 100 largest non-financial companies listed on the Nasdaq Stock Market, covering primarily the technology, consumer discretionary, communication services, healthcare, and industrial sectors. Maintained by Nasdaq Inc. (now Nasdaq, Inc.), the index is heavily concentrated in US and global technology companies and represents the performance of the world’s most capitalised technology-driven businesses. For Indian mutual fund investors, the Nasdaq 100 – through its total return variant – serves as the benchmark for feeder funds and fund-of-funds (FoFs) that invest in US technology equities.

NDX on WebNotes

Nasdaq 100 as an Indian Mutual Fund Benchmark