INCOME TAX22 Sept 2026
Motilal Oswal Nasdaq Q50 ETF crashed 46% in two days after trading at a 235% premium to NAV, what happened? | Mint
Motilal Oswal's Nasdaq Q50 ETF fell 20% on 22 September and about 46% from its peak in just two sessions. It had traded near a 235% premium to its net asset value because overseas investment limits capped fresh unit creation while demand stayed strong. That premium, not the underlying US stocks, drove the fall. If you hold such overseas ETFs, avoid chasing high premiums.
Key Statutory Highlights
- The ETF hit a 20% lower circuit on 22 September and lost about 46% from its peak in two sessions.
- By 18 September it traded at a premium of nearly 235% to its NAV, with a market price of about ₹396 against assets worth roughly ₹118.
- Experts said the fall came from unwinding that premium, not from a collapse in the underlying US stocks.
Actionable Advice for Taxpayers / Founders:If you hold or plan to buy international ETFs, check the market price against the latest NAV before investing, and consider a SEBI-registered investment adviser before taking any decision.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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