Nippon India MNC Fund Filed with SEBI: Exploring a Thematic Equity Opportunity Focused on Multinational Companies

Nippon India Mutual Fund has launched an exciting new investment product, the Nippon India MNC Fund. Designed for investors seeking exposure to multinational companies (MNCs), this open-ended equity scheme promises long-term capital appreciation by leveraging the growth potential and brand leadership of MNCs.

Key Details of the Nippon India MNC Fund

• Name of the Fund: Nippon India MNC Fund
• Category: Sectoral/Thematic Fund
• Type: Open-ended equity scheme
• Benchmark Index: NIFTY MNC TRI
• New Fund Offer (NFO) Price: ₹10 per unit

Investment Objective

The fund aims to generate long-term capital appreciation by investing in equity and equity-related instruments of MNCs. With a thematic approach, it focuses on companies with strong fundamentals, technological leadership, and global brand presence.

Unique Features of the Fund

1. Focused on MNCs:
   The fund invests primarily in companies with substantial foreign promoter shareholding, diversified global operations, or significant revenue generated from overseas markets.
2. Asset Allocation:
   • 80-100%: Equity and equity-related instruments of MNCs.
   • 0-20%: Debt, money market instruments, or other equities.
3. Liquidity:
   Open for redemption/switch-out every business day. Proceeds are processed within three working days.

Additional Features

• Minimum Investment: ₹500
• Exit Load: 1% if redeemed within one year; Nil thereafter.
• Systematic Investment Plan (SIP): Available to encourage disciplined investing.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.