ICICI Prudential Mutual Fund has announced the launch of ICICI Prudential NASDAQ 100 Index Fund, an open-ended index fund replicating the NASDAQ-100 index. The scheme provides exposure to 100 largest global non-financial companies and aims to track returns of the NASDAQ-100 Index, subject to tracking error. “ICICI Prudential NASDAQ 100 Index Fund is the first global based offering in our passive universe. It is an open ended index fund that aims to track the NASDAQ-100 index and replicate the performance of its constituents. Nasdaq-100 Index mainly includes innovation led technology and communications services companies; many of which are part of our day to day lives like Apple, Microsoft, Facebook, Alphabet, Facebook, Netflix, Starbucks.This offering is suitable for investors looking for geographical diversification in their equity allocation in Index Funds,” said Chintan Haria, Head- Product Development & Strategy, ICICI Prudential AMC. The Nasdaq-100 Index®is one of the wor