Global banks play hedge card after RBI blow on rupee betsForeign banks are reportedly reclassifying arbitrage deals, impacted by RBI's rupee speculation clampdown, as hedges for capital from overs...
MNC mutual funds struggle to perform, lose 3% in 1 year. What’s driving the underperformance?MNC-focused mutual funds have struggled, losing approximately 3% in the past year, primarily due to heavy investments in underperforming se...
Kotak MNC Fund NFO opens for subscription. 10 key things to knowKotak Mutual Fund has launched Kotak MNC Fund, an open-ended equity scheme following the Multinational Companies (MNC) theme.
NFO Alert: Kotak Mutual Fund launches MNC fundKotak Mutual Fund launched the Kotak MNC Fund, focusing on investing in multinational companies for long-term growth, with subscriptions op...
Worst of the lot! MNC funds deliver 3% return in 3 months. What should investors do?The MNC theme based schemes are benchmarked against NIFTY MNC - TRI. NIFTY MNC - TRI offered 8.55% in a three month horizon. The five schem...
HDFC Mutual Fund launches HDFC MNC FundThe minimum subscription amount for investment in these schemes is Rs 100 per application and any amount thereafter.
Three thematic funds complete 25 years, offer 14-17% returns since inceptionA handful of sector and thematic funds have completed 25 years in the market. Three funds have offered high double-digit returns since ince...
Are MNC funds a safe bet in the current scenario?MNC Funds or mutual fund schemes that invest mostly in multinational companies are gaining currency these days. MNCs are always bankable, e...
ICICI Prudential Mutual Fund’s new offer favours Indian MNCsAditya Birla SL MNC Fund, SBI Magnum Global Fund and UTI MNC Fund manage assets worth ₹3,690 crore, ₹3,583 crore and ₹2,110 crore respectiv...
ICICI Prudential Mutual Fund launches an MNC fundIn India, there are various MNCs catering to one’s every day as well as industrial needs.
MNC-themed mutual funds are top performers: Should you buy them?The consistent strong performance of MNC themed funds may be a compelling reason for investors to make space in their portfolio for these f...
MNC's performance catching up with their royalty pay-outsMulti-national corporations (MNCs) based in India benefit from having a globally-recognized brand and access to technology.
Betting on MNCs helps beat volatilityIt sharply focuses on multi-national companies across sectors whose products are accepted not only in India but also outside India.
UTI's MNC Fund declares tax-free dividend of 25%Pursuant to the payment of dividend, the net asset value of dividend option existing plan and dividend option direct plan of the scheme wou...
Should you invest in MNC funds?While these thematic funds have given good returns in the past, investors need to be aware of the risks they carry.
- MNC funds underperform in recent rally
Equity mutual funds investing in multi national companies have underperformed the broad markets, in the last one month.
- UTI-MNC Fund declares 25 pc tax-free dividend
The tax-free dividend of Rs 2.50 per unit on face value of Rs 10 would be given to unitholders as on the record date of July 28, a company ...