Fund Facts
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Name of Fund:HDFC MNC
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Opening:17th February 2023
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Closing:3rd March 2023
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Scheme Type:Open Ended Equity Sectoral/ Thematic
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Minimum Investment:Rs. 100/- and any amount thereafter.
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Plan:Regular and Direct
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Options:Growth and IDCW
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Entry Load:Not Applicable
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Exit Road:1% of NAV if units are redeemed/switched out within 1 year from the date of allotment
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Thereafter:Nil
Fund Stats
Objective
To provide long-term capital appreciation by investing predominantly in equity and equity related instruments of multinational companies (MNCs).
Benchmark:
NIFTY MNC
Fund Manager:
Rahul Baijal, Priya Ranjan
Asset Allocation
80-100%
Equity
upto 20%
Money Market
Comparable existing schemes
| Aditya Birla Sun Life MNC Fund | -8.33(6M) | -2.25(1Y) |
| ICICI Prudential MNC Fund | -2.66(6M) | 2.08(1Y) |
Fund Prognosis
Idea Distiller
The MNC segment has not really seen that much of investors interest and people have largely forgotten about this segment. The fund house obviously has remembered it.
Fund House AAUM:
Rs.44849389.43 Lakhs (as on 31st December 2022)
Fund Manager:
Combined experience of above 15 years
Scheme DNA 4 fundamentals
- UNIQNESS
- RETURN
- RISK
- OPERABILITY
OOMP Factor
Well frankly there is some. And also because of the fact that there are not enough competitors and this could be a profitable segment in the days to come.