
Indian investors are strategically positioning themselves these days within the artificial intelligence (AI) market landscape. Eight major companies have emerged as the frontrunners in this AI pack, including Alphabet, Amazon, Meta, Intel, NVIDIA, and more, setting the stage for investment exploration. For those eyeing exposure to this sector, two avenues are available — active or passive mutual funds.
Value Research has shared some data on these mutual funds that have the highest AI exposure:
Passive funds
Active funds
A summary of the 10 mutual funds with allocations
Mutual Fund | Category | Total Investment (₹ in crores) | Allocation to AI Stocks |
---|---|---|---|
Motilal Oswal Nasdaq 100 ETF | Passive | 2000 | 33% |
Mirae NYSE FANG+ | Passive | 760 | >50% |
Motilal Oswal S&P 500 Index | Passive | 530 | 20% |
ICICI Pru Nasdaq 100 | Passive | 285 | 33% |
Mirae S&P 500 Top 50 ETF | Passive | 200 | 35% |
Parag Parikh Flexi Cap Fund | Active | 7000 | 16% |
SBI Focused | Active | 2000 | 7% |
SBI Flexicap | Active | 730 | 4% |
SBI Magnum | Active | 133 | 11% |
ICICI Pru Blue Chip | Active | 133 | 5% |
Insights and trends
Alphabet (Google) stands as a preferred choice, featuring prominently in four of the five active schemes mentioned. Intriguingly, none of these active funds currently have exposure to NVIDIA stocks.
(Edited by : Shoma Bhattacharjee)