NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹13.54
0.37%
NAV as on 19 Nov 24, 12:00 AM
very high risk
equity other
equity
NAV as on 19 Nov 24, 12:00 AM
very high risk
equity other
equity
16.25%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
22.79%p.a.
Since Inception
About HDFC MNC Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HDFC MNC Fund Growth scheme from HDFC Asset Management Co Ltd. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Mar 2023, HDFC MNC Fund Growth is Equity - Other fund of its category with 633.57 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.
- HDFC MNC Fund Growth delivered 16.3% annual returns during the last year. It has delivered 22.8% average annual returns since the fund was launched.
- HDFC MNC Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
To provide long-term capital appreciation by investing predominantly in equity and equity related instruments of multinational companies (MNCs).
Top 10 Holdings
United Spirits Ltd
7.46%
Siemens Ltd
7.08%
Hindustan Unilever Ltd
7.06%
Fortis Healthcare Ltd
5.66%
Ambuja Cements Ltd
5.39%
Cummins India Ltd
4.35%
Nestle India Ltd
3.71%
Maruti Suzuki India Ltd
3.67%
Whirlpool of India Ltd
3.09%
CIE Automotive India Ltd
3.06%
Fund Managers
- Rahul Baijal (Mar 2023 - Present)
- Dhruv Muchhal (Jun 2023 - Present)
Key Information
View Scheme Document
HDFC MNC Fund Growth SIP Calculator
If invested
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For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on HDFC MNC Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in HDFC MNC Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in HDFC MNC Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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