MUTUAL FUNDS
Nippon India MF introduces MNC Fund
Jul-02-2025

Nippon India Mutual Fund has launched Nippon India MNC Fund, an open-ended equity scheme following multinational company (MNC) theme. The NFO opens for subscription on July 02, 2025 and closes on July 16, 2025. No Entry Load is charged for the scheme. The Exit load will be - 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units and Nil, thereafter. The minimum subscription amount is Rs 500 & in multiples of Rs 1 thereafter.

The performance of the Scheme will be benchmarked with NIFTY MNC TRI and its fund managers are Dhrumil Shah and Kinjal Desai.

The Investment objective of the Scheme is to achieve long-term capital appreciation for its investors. This objective will be pursued by strategically investing in a diversified portfolio of equity and equity-related instruments of multinational companies (MNCs). 


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