Investment Objective and Approach

HDFC MNC Fund seeks to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of multinational companies (MNCs). The scheme aims to invest in a diversified portfolio of multinational companies to provide long-term capital appreciation and invests across all market capitalizations and credit ratings to ensure effective risk management.

The fund follows a thematic investment approach by focusing on multinational companies operating in India. This mutual fund invests in MNC companies operating in India as well as foreign assets up to 20%. HDFC MNC Fund is mandated to invest at least 80 percent of its assets in shares of multinational companies.

MNCs typically offer several advantages including:

- Strong corporate governance standards

- Established brand identity across geographies

- Higher profitability margins

- Superior capital allocation track record

- Stronger balance sheets with lower debt

- Better resilience during market downturns

- Advanced technological capabilities through strong R&D

Fund Managers

Rahul Baijal holds an MBA from the Indian Institute of Management, Calcutta. Before joining HDFC Mutual Fund, he worked at various firms including ANZ Investment Bank, Standard Chartered Bank, Credit Suisse, HSBC Global Banking and Markets, TVF Capital, Bharti AXA Life Insurance and Sundaram Mutual. He joined HDFC Mutual Fund as a Senior Fund Manager (Equity).

The fund is also co-managed by other experienced professionals including Priya Ranjan and Dhruv Muchhal, who bring additional expertise in equity analysis and portfolio management.

About the Fund House (AMC)

HDFC Asset Management Company Ltd., or HDFC Mutual Fund, is currently the largest mutual fund and actively managed equity mutual fund in India. It is one of the most profitable asset management companies (AMC) in the country. The company manages assets worth Rs. 6.1L Cr as of Mar 31, 2024.

HDFC Mutual Fund, managed by HDFC Asset Management Company Limited, was founded in 1999 through a collaboration between HDFC Limited and abrdn Investment Management Limited. HDFC Asset Management Company Ltd. received approval to act as an AMC from SEBI on 30 June 2000 under registration number MF/044/00/6. The fund house transitioned to a publicly listed entity in August 2018.

The AMC has a strong distribution network with over 75,000 empanelled distribution partners through 210 branches spread across more than 200 cities in India.

Should I Invest in HDFC MNC Fund?

HDFC MNC Fund is suitable for investors who:

- Have a moderate to high risk appetite

- Seek long-term capital appreciation (minimum 5-7 years investment horizon)

- Want exposure to multinational companies operating in India

- Looking for diversification beyond traditional large-cap funds

Key Fund Metrics (as of latest available data):

- Latest NAV: ₹13.55

- AUM: ₹568.71 crore (as of May 2025)

- Expense Ratio: 1.25%

- Launch Date: February 17, 2023, with CAGR of 13.73% since inception

- Returns since inception: 10.65%

Investment Considerations:

- This is a relatively new fund launched in February 2023

- MNC sector has been volatile in recent years compared to its historical performance

- The fund has a minimum investment horizon of 5 years

- Exit load of 1% applies if units are redeemed within 1 year from allotment date

The fund is benchmarked against NIFTY MNC TRI and carries a very high risk rating as per the riskometer. Investors should carefully evaluate their risk tolerance and investment goals before investing.

FAQs

What is today's NAV of HDFC MNC Fund?

The latest NAV of HDFC MNC Fund is ₹13.55. NAV is updated daily after market hours based on the fund's portfolio valuation.

What is the AUM of HDFC MNC Fund?

The AUM of HDFC MNC Fund is ₹568.71 crore as per the latest available data from May 2025.

What is the expense ratio of HDFC MNC Fund?

The expense ratio of HDFC MNC Fund is 1.25%, which covers the fund management and administrative expenses.

What are the returns of HDFC MNC Fund since inception?

The fund has delivered a CAGR of 13.73% since inception from its launch date of February 17, 2023.

What is the minimum SIP amount to invest in HDFC MNC Fund?

The minimum SIP amount for HDFC MNC Fund is ₹100, making it accessible for small investors to start their investment journey.

How do I invest in HDFC MNC Fund?

You can invest in HDFC MNC Fund through Allvest's platform by selecting the fund, choosing your investment amount, and completing the KYC process. Both lump-sum and SIP options are available.

How to start a SIP in HDFC MNC Fund?

To start a SIP in HDFC MNC Fund through Allvest, select the fund, choose SIP option, set your monthly investment amount (minimum ₹100), select investment date, and complete the registration process.

How do I automate an SIP in HDFC MNC Fund?

You can automate your SIP in HDFC MNC Fund through Allvest's auto-invest feature, which allows regular automated investments without manual intervention once configured.

How can I withdraw/redeem my investment in HDFC MNC Fund?

You can redeem your HDFC MNC Fund investment through Allvest's platform by logging in, selecting the fund, choosing redemption amount, and submitting the request. Note that 1% exit load applies if redeemed within 1 year.